Who should get the Citi Rewards+ Card? – The guy who scored

news7g05/08/2023

35 6 minutes read

Who should get the Citi Rewards+ Card? - The guy who scored

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Editor’s Note: This is a recurring post, regularly updated with new information and offers.

The Citi Rewards+® Thẻ Card — and the student version, Citi Rewards+℠ Student Card — Released in 2019 with two powerful benefits: round up the points you earn and return 10% of your points. Interestingly, these powerful features don’t get much attention, even though it’s possibly the best credit card for small purchases.

Information about the Citi Rewards+ Student Card has been independently collected by The Points Guy. The card details on this page have not been reviewed or provided by the card issuer.

But the Citi Rewards+ Card is more than just rounding up your earnings and getting some of your points back. Indeed, the card offers a number of compelling benefits for card with no annual fee and can be a good choice for buy everyday does not fall under a specific bonus category.

Let’s take a look at the key benefits of the Citi Rewards+ Card and whether or not you will benefit from having it in your wallet.

Citi Rewards+ Card Key Benefits

Before we know who should (and shouldn’t) receive the Rewards+ card, let’s take a look at its key perks.

welcome bonus

The Citi Rewards+ Card is currently offering a limited time bonus of 25,000 ThankYou Rewards Points after you spend $1,500 on a purchase within three months of account opening.

The Bonus points are not available if you received a sign-up bonus or closed certain Citi credit cards within the last 24 months.

thanks point

This card earns Citi ThankYou points that you can redeem at Amazon.com, for gift cards or Real-time claim credit for less than a cent each. If you want to save points for travel, you can transfer these ThankYou points to JetBlue TrueBlue, Choice Privileges, and Wyndham Rewards.

However, if you also have a premium Citi card like Citi Premier® Card or Citi Prestige® Card (no longer available to new registrants), you can combine points earned from your Citi Rewards+ Card with points in your “premium” card account and then transfer them to any period Citi ThankYou airline transfer partner.

Citi Prestige Card information has been independently collected by The Points Guy. The card details on this page have not been reviewed or provided by the card issuer.

bonus catalog

With the Citi Rewards+ Card, you’ll earn two points for every dollar spent at supermarket And the gas station over the first $6,000 is spent each year, then 1 point per dollar.

You’ll also earn 5 points per dollar for booking hotels, car rentals and attractions (excluding air travel) on Citi travel portal until June 30, 2024.

All other purchases earn 1 point for every dollar spent.

Round to the nearest 10 points

The points you earn on each Citi Rewards+ Card purchase are rounded to the nearest 10 points. This means you’ll earn more than one point for every dollar spent on almost any purchase.

For supermarket and gas station purchases that earn two points per dollar spent, earnings of 2 points per dollar are calculated before rounding up to the nearest 10 points. So you’ll earn 10 points for a $2 coffee, 20 points for a $12 lunch, 70 points for $32 gas, and 230 points for $111 groceries.

10% points back

In addition to bonus categories and rounding points, you will also earn 10% of your score back over the first 100,000 ThankYou points you redeem each year. That’s 10,000 points back if you redeem 100,000 points.

However, that doesn’t just apply to points redeemed from this card. If you link your Citi Rewards+ Card and Citi Premier Card accounts, combine the points and then transfer the points to an airline, you will get 10% of your points back. That’s true even if the points don’t originate from your Rewards+ card.

Who should get the Citi Rewards+ Card?

The Citi Rewards+ Card can be a useful everyday card for anyone to add to their wallet or purse, but here are some specific types of people who can benefit most from receiving a Citi Rewards+ Card.

Those who want to accumulate bonus points at supermarkets, gas stations

With many credit cards that offer bonus points for spending at supermarket And the gas station, you will earn more than one point per dollar for this purchase. If you are looking for a reward card in these categories no annual feeThe Citi Rewards+ card is a decent choice as you’ll earn at least two points for every dollar spent (up to $6,000 in annual purchases, then 1 point per dollar).

Granted, other free annual cards can earn you more at the supermarket or gas station – but generally not both. For example, American Express Amex EveryDay® Credit Card earn 2 Amex Membership Rewards at supermarkets in the United States with up to $6,000 in annual purchases (then 1 point per dollar), but it doesn’t have a dining bonus. And while Amex EveryDay has better earning potential at supermarkets, you have to make 20 or more purchases per pay period to earn your 20% bonus to maximize your earning rate. .

Amex EveryDay Credit Card information has been independently collected by The Points Guy. The card details on this page have not been reviewed or provided by the card issuer.

People who like JetBlue, Choice and Wyndham but don’t want to pay the annual fee

You’ll receive one penny per point if you redeem your Citi Rewards+ Card points for gift cards. However, if you have a Citi Rewards+ Card, you can transfer your points directly to JetBlue TrueBlue or Wyndham Rewards with a ratio of 5:4 or Choice privileges with a ratio of 1:1.5.

Small shoppers

Since the Citi Rewards+ Card rounds to the nearest 10 points for all purchases, it’s ideal to use when paying for small purchases. Indeed, all purchases will earn you a minimum of 10 points. This means that you can get relatively high returns from small purchases on a large scale. For example, you’ll earn 10 points for a $1 drink at your corner store.

Those who need to carry a balance for a short time

You in general Don’t carry a balance on your credit card, but sometimes unexpected situations force you to temporarily float some debt. Or you may want balance transfer from a high-interest credit card while working to pay off existing debt. If you are looking for a credit card with low introductory APRThe Citi Rewards+ card may be right for you.

The Citi Rewards+ Card offers 0% introductory annual percentage rate (APR) on purchases and balance transfers for 15 months from account opening. After the referral period ends, the variable APR will be 18.49%-28.49%, based on your creditworthiness so make sure to pay your balance during the referral period introduce. There is a balance transfer fee of 3% (minimum $5) for the first four months, then 5%.

Premium Citi Card Holders

If you already have Citi Prestige Card or Citi Premier Card, the points earned from the Citi Rewards+ Card will be more valuable. You can combine your ThankYou point accounts, use your premium card account to transfer points to more partnersinclude Avianca Life Miles And Etihad guests (as well as JetBlue, Choice and Wyndham with improved rates).

The ability to transfer your points to other partners increases the redemption value of the points you earn with your Citi Rewards+ Card: from about 1 cent per destination about 1.8 cents each.

Plus, you’ll get 10% of those points back — up to 100,000 points redeemed annually. Get 10,000 points back annually providing more points in exchange for more.