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September 20, 2020
BUSINESS

New Value Card Citibank Romania returns up to 5 pc of amount spent on daily shopping

Citibank Romania launched, on Monday, a new type of value card, a benefit package which is unparalleled on the Romanian market – according to the bank officials -, offering the bank clients a chance to make more advantageous payments and to be refunded every month for a share of their daily shopping. Based on market research, Citi Value Card refunds clients by 5 pc (subject to the 16 pc flat tax) out of the money spent on daily purchases (food, fuel, clothes and shoes, restaurant meals or cinema tickets), in the first 90 days from the date the card is issued, as well as additional discounts in the CitiPartner network. After this period, clients will receive 2 pc on purchases in the aforementioned categories, irrespective of the amount they spend or the number of purchases, the highest amount that a client may be refunded every month being RON 300 (gross). The bonus is credited in the account corresponding to the credit card and is featured in the monthly bank statement. (A. B.)

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