Citizens Bank Credit Card in Nepal: Rates, Eligibility & How to Apply (Asar 2083)

Here is what to compare on credit cards in Nepal for Asar 2083 (June 2026): the card network, the annual interest rate, the annual fee, and the interest-free grace period.

Credit cards at a glance

Card	Network	Interest (p.a.)	Annual fee	Grace period
Visa Credit Card (USD)	Visa	—	—	45 days
Visa Credit Card (Domestic)	Visa	—	—	45 days

How credit card interest, grace and fees work

If you pay your full statement balance by the due date you pay no interest — the grace period covers you. Carry a balance and interest applies from the statement, compounding monthly, so the true annual cost is higher than the headline rate. The annual fee is a flat yearly charge; many banks waive it if you spend above a threshold.

How to choose

Pick the lowest interest rate if you might carry a balance, the lowest annual fee if you always pay in full, and the longest grace period for breathing room. A widely accepted network (Visa/Mastercard) matters for overseas use.

Eligibility in Nepal

Banks typically require a steady income (salary or business), citizenship/KYC documents, and a clean credit history. Limits are set against your income or a fixed-deposit lien.

How we sourced these figures

Every rate on this page is taken from each institution's published rate sheet for the Asar 2083 (June 2026) period and cross-checked against Nepal Rastra Bank (NRB) disclosures. We re-verify the numbers each Nepali month, and the comparison table and the figures quoted in the text are generated from the same dataset — so they always agree. You can explore the live, filterable data on the BFIS Compare comparison page.

Related comparisons

• Effective lending rate calculator
• Best personal loan rates
• Base rates

Rates are revised every Nepali month and can change. Figures are for Asar 2083; always confirm the current number on the BFIS Compare comparison page before you apply.

Credit Card at Citizens Bank International: How It Works in Nepal

A credit card from Citizens Bank International is a revolving line of unsecured (or FD-backed) credit regulated under Nepal Rastra Bank (NRB) rules. Unlike a debit card that draws from your own account, a credit card lets you spend up to an approved credit limit and repay later. Every card runs on a network such as Visa or Mastercard, which enables payments at POS terminals, e-commerce checkouts, and ATMs across Nepal and abroad. As a commercial bank, Citizens Bank International issues the card, sets your limit, prices the interest, and reports your repayment behaviour to Nepal's credit information bureau.

Billing cycle, statement and grace period

Charges accumulate over a monthly billing cycle. At the end of the cycle Citizens Bank International issues a statement showing your total outstanding, the minimum amount due, and a payment due date. The gap between your statement date and the due date is the grace period. If you clear the full statement balance within this window, retail purchases attract no interest at all. This interest-free float is the single biggest advantage of using a credit card wisely.

Interest on revolving balance, fees and limits

The moment you pay less than the full amount, the unpaid portion becomes a revolving balance and starts accruing finance charges, typically calculated daily until cleared. Paying only the minimum keeps the account current but is an expensive habit. Common charges at Citizens Bank International include an annual fee (sometimes waived on a spend threshold), cash-advance fees when you withdraw cash on the card, late-payment fees, and over-limit fees. Your credit limit is set either against your assessed monthly income and repayment capacity, or via a lien on a fixed deposit held at Citizens Bank International, where the limit is a percentage of the pledged FD. FD-backed cards are the easiest route for the self-employed or first-time applicants.

International usage

Visa and Mastercard cards from Citizens Bank International can be enabled for foreign transactions within the NRB foreign-exchange facility available to cardholders. International spending is converted to NPR at the prevailing rate and may carry a currency mark-up. Keep in mind NRB limits on the annual foreign-currency quota, and always inform Citizens Bank International before travelling so genuine overseas transactions are not blocked as suspicious.

Eligibility & documents

To qualify at Citizens Bank International you generally need to be a Nepali citizen of eligible age with a verifiable, stable income or a pledged fixed deposit. As a commercial bank, Citizens Bank International follows standard KYC and NRB credit norms. Typical documents include:

• Citizenship certificate (and passport-size photographs)
• Completed application and KYC form
• Income proof: salary certificate, recent bank statements, or tax/PAN documents for the self-employed
• Employer or business verification letter where applicable
• Fixed-deposit receipt and lien consent, if applying for an FD-secured card

Citizens Bank International will check your existing borrowings and repayment record before approving a limit.

Tips to avoid interest and get the best deal

• Pay the full statement balance every cycle, not just the minimum, to stay permanently interest-free on purchases.
• Set up an auto-debit from your Citizens Bank International account for the due date so you never miss a payment or pay late fees.
• Avoid cash advances on the card; they usually attract a fee and interest from day one with no grace period.
• Ask whether the annual fee is waived on reaching a yearly spend target, and compare reward or cashback structures.
• Keep your usage well below the limit; a lower utilisation ratio protects your credit profile for future loans.

A note on tax

A credit card itself is borrowing, so spending is not taxed. However, if your limit is secured by a fixed deposit at Citizens Bank International, the interest that FD earns is still subject to the standard 5% TDS on individual deposit interest. Used with discipline, a Citizens Bank International credit card is a convenient, safe payment tool; used carelessly, the revolving interest can quickly outweigh any rewards.