Citi Bank has announced cashback offers on bill payment and wallet recharge using their credit cards. Under this offer Citi Bank is providing Rs. 100 cashback on bill payment and Rs. 50 cashback on Paytm wallet recharge using Citi mobile app and website. Let’s look into the details of each offer.
Bill Payment
- Offer: Flat Rs. 100 cashback on bill payment done via Citi app/website
- Minimum Transaction: Rs. 5,000
- Maximum Transaction: One transaction per month
- Valid Billers: Postpaid Mobile, Broadband, Landline, Electricity, Gas bills
- Period: 24 December 2019 to 23 February 2020
- Excluded Cards: Paytm First Cards and Citi Corporate Cards
- Fulfillment: Cashback amount will be credited on or before 90 business days from the date of transaction
- Source: Email, Website
Paytm Wallet Recharge
- Offer: Flat Rs. 50 cashback on Paytm wallet recharge done via Citi app/website
- Minimum Transaction: Rs. 2,000
- Maximum Transaction: One transaction per month
- Period: 24 December 2019 to 23 February 2020
- Excluded Cards: Paytm First Cards and Citi Corporate Cards
- Fulfillment: Cashback amount will be credited on or before 90 business days from the date of transaction
- Source: Email, Website
Bottomline
This is a decent offer from Citi Bank and provides a reward rate of 2% on bill payment and 2.5% on wallet recharge. Though the offer on bill payment is underwhelming, the offer on wallet recharge is really exciting. You can recharge your Paytm wallet twice: once in January and once in February to get a total cashback of Rs. 100. Personally I have never seen a cashback offer on wallet recharge and this is certainly new to me.
What do you think of these offers on Citi Credit Cards? Which offer are you going to avail: bill payment, Paytm wallet recharge or both? Let me know in comments below.
