Important update on Instant Redemption Point Conversion Rate on Citibank Rewards

Card & IndianOil Citibank Credit Card w.e.f 6th Jan 2015
The conversion rate for instant redemption of reward points on Citibank Rewards Card and
IndianOil Citibank Credit Card will change from 6th January 2015 onwards.
Citibank Rewards Card

When you redeem at

Current Conversion
Rate

New Conversion Rate

th
w.e.f 6 Jan 2015^

Partner retail outlets.

100 points = Rs.40

100 points = Rs.30

Click here for the list of online

partner retail outlets

100 points = Rs.40

100 points = Rs.30

Click here for the list of online

entertainment & Utility partners

Online travel partners

100 points = Rs.25

No change

Participating IndianOil fuel

outlets*

100 points = Rs.25

No change

Online entertainment & utility

partners.

IndianOil Citibank Platinum & Titanium Credit Card

When you redeem at

Current Conversion
Rate

New Conversion Rate

Partner retail outlets

100 points = Rs.40

100 points = Rs.30

Click here for the list of online

partner retail outlets

100 points = Rs.40

100 points = Rs.30

Click here for the list of online

entertainment & Utility partners

Online travel partners

100 points = Rs.40

100 points = Rs.25

Click here for the list of online

travel partners

Participating IndianOil fuel

outlets

100 points = Rs.100

No change

Online entertainment & utility

partners

th

w.e.f 6

Jan 2015^

^Please note that for some redemptions after 6th January 2015, you may still receive the old conversion
rate. However, this will not extend beyond 31st January 2015.
*Not applicable on Citibank Rewards Domestic Card

Important Links:
List of partner retail outlets for instant redemption of reward points Click here
List of online partners for instant redemption of reward points Click here
Frequently Asked Questions on Reward Redemption Click here
Terms & Conditions of Reward Redemption Click here