Apple and Citibank have come together to offer their customers a cashback of up to Rs 10,000 on MacBooks, iPads, Apple Watch, and even Apple Pencil. The combined offer will be applicable for all Citibank credit card holders (except for Citi Corporate credit cards), and will be available from June 11 to July 31. Customers can avail the offer at Apple authorized offline stores only.
Citibank states that the cashback offer will be valid for only one product per credit card. After purchasing the product, the credit amount will be transferred back to the customer’s account in 90 business days. Customers also have the option to get the offer on both EMI & non-EMI transactions provided they use a Citibank credit card. The transaction also needs to be made through Plutus/Pine Labs POS terminals and the option to club other Citibank offers is not available.
Talking about the individual cashback on products, a Rs 10,000 cashback is applicable on purchase of any MacBook variant. This will bring down the starting price of the entry-level MacBook Air to Rs 67,200. Further, Apple is also offering a Rs 5,000 cashback on all variants of the Apple iPad and Apple Watch. This will help bring down the price of the entry-level iPad to Rs 23,000 and the first-generation Apple Watch to Rs 18,950 respectively. Lastly, Apple is also offering a cashback of Rs 1,000 on the Apple Pencil, after which it will be priced at Rs 6,600.
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The fact that the offer is available only in retail outlets, should help customers get a look and feel of the product before buying it. The offer is valid across India, through a chain of retail outlets. Citibank has a detailed list of the stores mentioned on its website.