BANCI | ENGLISH

Citibank’s New Value Card Provides Rewards on Everyday Purchases

Autor: Bancherul.ro
2010-11-23 10:11

• Bundled benefits: 5% rewards on day to day spending, discounts at Citi Partner network, free entrance to museums, extended warranty insurance for electronic purchases
• The new Citi Value Card entirely responds to customers’ preferences and their spending habits.

Customers can now have a more rewarding payment experience with the launch of Citibank Romania's new Value Card, a credit card that enables them to receive rewards every month for their regular day to day purchases.

Extensive research played an important role in Citibank’s decision to launch this card providing the most relevant benefits for customers.

With this new card, customers receive up to 5%* back on their everyday purchases, such as food and groceries, fuel, apparel, cinema tickets or restaurant meals for the first 90 days from card issuance. After that, cardholders receive 2%* reward on the above categories, not conditioned on minimum spending or the number of transactions. The maximum reward available is 300 RON gross per month. The reward is automatically credited to the cardholder’s card account and shall be included in the monthly statement.

Cardholders receive further discounts of up to 20% on merchandise and services purchased from 100 renowned brands from 700 outlets nationwide within the CitiPartner network, as well as the opportunity to visit 15 Romanian museums free of charge with up to two friends or family members.

The Citi Value Card also includes a free one-year extension of warranties on electronics purchased with the Value Card.

“We are committed to providing customers extra value for their money and make this card the smart way to pay for all purchases" said Kumar Ramachandran, Citibank Consumer Cluster Head for Romania and Czech Republic. "The Value Card rewards customers through innovative and convenient features, in a way that is relevant to them”.

“This is a unique package of benefits in the Romanian market, which has been put together after extensive customer research as it allows them to enjoy their rewards in their preferred way. A combination of rewards, partner discounts and extended warranty should make the Citi Value Card the preferred payment choice for the customers.” declared Adrian Vlase, Cards Head at Citibank Romania.

Additional cardholder benefits include features such as SMS and e-mail alerts for every purchase made, utility bills payment over the phone, flexible repayment methods and 24/7 CitiPhone service. Each cardholder is entitled to up to six free supplementary cards to share with their family.

More information on the Citi Value Card is available online at www.citibank.ro or through the CitiPhone service line 0800801040.

* Subject to income taxation of 16%

About Citi

Citi, the leading global financial services company, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. Through Citicorp and Citi Holdings, Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management. Additional information may be found at www.citigroup.com or www.citi.com

About Citibank Romania

Citi has been present in Romania since 1996 and provides high-quality financial products and services to national and international companies, small and middle enterprises, the public sector, non-profit organizations and individuals. Additional information may be found at www.citibank.ro

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