Citibank, one of the largest full service banks in the world offering an unparalleled range of products and services, has announced the launch of the Citi Titanium Cash Rewards Credit Card in the country.

The lender claims that with the power of cash back and the flexibility of rewards rolled into one, the card offers 5 times rewards on all weekend spends, multiple reward redemption options and the lowest interest rates in the category at 2.5% per month.

Apart from above features, the card will offer 0% fuel surcharge at Indian Oil petrol pumps and discounts on retail, dining and lifestyle through the MasterCard exclusive program.

The card will carry a fee of Rs 750 per annum.

However, Citibank has decided to offer this credit card to customers at an annual fee of Rs 500, and 200 reward points on first usage of the card under its special limited introductory time-period offer.