What are Reward Points?
To encourage frequent usage of cards, the card companies introduced the concept of reward points. For Citibank card holders, every 100 rupees worth of purchases made through the card, the card older gains one point. These points could be redeemed for gifts, select product purchases and even for paying the annual fees. So every point would be equivalent to one rupee. For Standard Chartered card holders, every 125 rupees worth of purchase made through the card makes one reward point.
