Calculate Your Savings
| Know Your Savings |
| |
Weekly |
Spend |
Cash Reward Points |
Value |
| |
Weekdays (Monday to Friday) |
Rs. 1,000 |
5 |
1 Cash Reward Point on every Rs. 200 spent+ |
|
Weekends (Saturday & Sunday) |
Rs. 2,000 |
50 |
5 Cash Reward Points on every Rs. 200 spent++ |
|
Total |
Rs. 3,000 |
55 |
|
| |
Monthly |
Rs. 12,000 |
220 |
|
| |
Yearly |
Rs. 1,44,000 |
2640 |
|
| |
Yearly Interest Rate Savings |
|
|
Rs. 1,080* |
| |
Fuel Surcharge Savings |
|
|
Rs. 180** |
| |
Total Savings |
|
|
Rs. 3,900 |
+ 1/200 x Rs. 1,000 = 5
++ 5/200 x Rs. 2,000 = 50
* Citi Titanium Cash Rewards Interest Rate = 30% p.a.
Industry Interest Rate = 37.2%
Net Gain = 37.2% − 30% = 7.2%
Assuming, Revolving Amount = Rs. 15,000 per year
Savings = 7.2% x Rs. 15,000 = Rs. 1,080
** Fuel Surcharge Waiver at IndianOil petrol pumps = 2.5%
Assuming, Yearly Fuel Spends = Rs. 7,200
Savings = Rs. 7,200 x 2.5% = Rs. 180