Citi Rewards+ Card Review

Citi Rewards+ Card Review

Rewards are rounded up to the nearest 10 points for every eligible purchase made with the Citi Rewards+® Card. This card offers a regular rewards rate of 2X ThankYou points at supermarkets and gas stations and provides a round-up feature that allows you to earn even more on your day-to-day spending. With a cap of $6,000 per year in purchases, you can earn 1X points on all other eligible purchases. Make the most out of your spending with the Citi Rewards+® Card.

Quick Highlights of Citi Rewards+ Card

• Earn 20,000 bonus points after spending $1,500 in purchases within the first three months of account opening.
• Redeem bonus points for $200 in gift cards on thankyou.com.
• This is a limited-time offer: Earn 5 ThankYou® Points per $1 spent on hotel, car rentals, and attractions booked on the Citi Travel℠ portal through June 30, 2024.
• Enjoy a 0% introductory APR on balance transfers for 15 months from the date of your first transfer and on purchases from the date of account opening. After that, your variable APR will be 18.74%—28.74%, based on your creditworthiness.
• The intrinsic balance transfer fee is 3% of each transfer (minimum $5) within the first four months of account opening, followed by 5% (minimum $5).
• Earn 2X ThankYou® Points at Supermarkets and Gas Stations for the first $6,000 per year, then 1X points afterward.
• Earn 1X ThankYou® Points on all other purchases.
• There is automatic rounding up to the nearest 10 points on every purchase with no cap—only with the Citi Rewards+® Card.
• No annual fee.  

Rewards

• 5X ThankYou® Points per $1 spent on hotel, car rentals, and attractions booked on the Citi Travel portal through June 30, 2024.
• You will receive 2X ThankYou® Points at Supermarkets and Gas Stations for the first $6,000 per year and 1X Points thereafter.
• 1X ThankYou® Points on All Other Purchases.

Redeeming Rewards with the Citi Rewards+ Card

The Citi Rewards+ Card offers several ways to redeem your ThankYou® points and some unique features that can help you maximize your rewards.

Welcome Offer Bonus: Citi recently updated the welcome offer to 20,000 bonus points after spending $1,500 as a cardholder in your first three months. These points can be redeemed for $200 gift cards at thankyou.com. While this is slightly lower than the previous offer, it remains a substantial value for a card with no annual fee.

Bonus for Redeeming ThankYou Points: A unique perk of the Citi Rewards+® Card is the 10% points back bonus on redeemed ThankYou® points. This applies to up to 100,000 points redeemed each year. For example, if you spend $1,325 monthly on your card and redeem all your points annually, you will earn an additional 2,200 points through this bonus program.

Rates and Fee

• Intro offer: 20,000 points
• Annual fee: $0
• Regular APR: 18.74% – 28.74% variable
• Recommended credit: 670-850 (Good to Excellent)
• Intro Purchase APR: 0% intro for 15 months on Purchases
• Intro Balance Transfers: APR0% intro for 15 months on Balance Transfers

Benefits of the Citi Rewards+ Card

• Access to Citi Entertainment: With the Citi Rewards+ Card, cardholders can enjoy special access to tickets for popular concerts, sporting events, and dining events. This includes pre-sale options so you can secure your spot before anyone else.
• Contactless pay: This card’s chip-enabled feature allows for contactless payment, providing more security and convenience when making purchases.
• Access to Citi Merchant Offers: The Citi Rewards+ Card allows you to take advantage of Citi Merchant Offers. These are card-linked deals that offer cash-back on select purchases made with your Citi consumer card. Thus, you can save money while earning rewards on your purchases.

Applying for and Getting Approved for the Citi Rewards+ Card

Eligibility Criteria

To apply for the Citi Rewards+ Card, you’ll need to meet some basic eligibility requirements:

• Age: Be at least 18 years old.
• Residence: You must have a valid Social Security number or Individual Taxpayer Identification Number (ITIN) and a U.S. address.
• Credit History: While Citi doesn’t publicly state a minimum credit score requirement for the Citi Rewards+ Card, generally good credit (typically a score of 670 or higher) is recommended for approval.

Application Process

You can apply for the Citi Rewards+ Card online through Citi’s website. The application process typically involves providing your personal information, income details, and employment history. Citi may also request a credit check to assess your eligibility.

Approval Process

Once you submit your application, Citi will review your information and creditworthiness. They will likely consider factors such as your credit score, income, debt-to-income ratio, and credit history. Approval decisions can be immediate or may take a few days. Citi may request further information from you if needed.

Customer Service

• Helpline Number: 1-800-950-5114
• Official Website: Citi Bank

Customer Service of Citi Rewards+ Card

Our customer service representatives can assist you 24 hours a day, seven days a week. If you have any questions or concerns regarding your Citi Rewards+ Card, our team is always ready to help. You can reach us through multiple channels such as phone, email, or live chat. We understand that unexpected issues may arise at any time, so we are dedicated to providing excellent support whenever needed.

Who is the Citi Rewards+ Card suitable for?

The Citi Rewards+ Card is ideal for individuals with a premium card like the Citi Premier® Card. With the ability to combine points earned from both cards and transfer them to various airline and hotel partners, this card offers more valuable redemption options beyond just gift cards. It is also beneficial for those looking to earn Citi ThankYou points without paying an annual fee, as the 10% points rebate and rounding feature sets it apart from other no-fee Citi cards.

Who should avoid getting the Citi Rewards+ Card?

There may be better choices for someone seeking a single all-in-one card than the Citi Rewards+ Card. While it can be a valuable addition to other Citi cards, it may need to offer more benefits. Additionally, those needing a card for international travel should consider alternative options, as the Citi Rewards+ Card charges foreign transaction fees. Overall, this card is most suitable for individuals with a premium Citi card and looking for additional ways to earn and redeem points without paying an annual fee. It may not be the best fit for those prioritizing travel benefits or seeking a primary credit card.  

Final Thoughts

In conclusion, the Citi Rewards+ Card offers compelling rewards and features for those seeking a no-annual-fee credit card. The welcome offer of 20,000 points remains attractive, while the ongoing bonus categories at supermarkets and gas stations can help with everyday spending. Unique features like point rounding and the bonus on redeemed points add value to the program. However, it’s essential to consider the card’s lower baseline rewards rate compared to some competitors and the potential for higher redemption values with travel partners offered by other cards. The Citi Rewards+® Card is a solid option for those who prioritize convenience and flexibility in their rewards program, with no annual fee.

WhatCard Recommended Credit Cards

• Costco Anywhere Visa Business Card by Citi Review
• IHG One Rewards Premier Credit Card