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Citi Rewards+® Card Review
What we like about Citi Rewards+® Card
- Earn 2X ThankYou® Points at Supermarkets and Gas Stations for the first $6,000 per year and then 1X Points thereafter.
- Earn one point for every $1 spent on all other purchases.
- Points are automatically rounded up to the nearest 10 on every purchase — a $3 purchase earns 10 points instead of three.
- Earn 10% points back for the first 100,000 points redeemed each year.
- Earn 20,000 bonus points after you spend $1,500 in purchases with your card within 3 months of account opening; redeemable for $200 in gift cards at thankyou.com
- No annual fee, which means you don’t have to earn a certain amount of rewards each year just to break even.
Things to consider
- Superstores, markets, and wholesale clubs are not considered supermarkets — so you will earn one point for every $1 spent with these merchants.
- Similarly, since most gas stations at warehouse clubs, wholesale clubs, superstores, and convenience stores are not classified as gas stations, you may not receive 2X points at these merchants.
- There is a foreign transaction fee of 3% for each transaction — after converted into U.S. dollars.
Cash back details
The Citi Rewards+® Card provides four big ways to earn major points on small purchases. You can receive 20,000 bonus points after you spend $1,500 in purchases with your card within 3 months of account opening; redeemable for $200 in gift cards at thankyou.com. Cardholders earn 2X points at supermarkets and gas stations for the first $6,000 per year and then 1X Points thereafter. The Citi Rewards+® Card also rounds-up points to the nearest 10 on every purchase. That means a $42 purchase at a qualifying supermarket or gas station will earn 90 points — Citi doubles the points first and then rounds to the nearest 10. All other purchases earn 1 point for every $1 spent. When you’re ready to redeem points, you’ll receive 10% of those points back — until you reach the 100,000 annual cap. As long as your purchases are small and consistent, there is a greater potential to accrue points compared to similar reward cards. However, if you’re a big spender, you won’t get much out of rounding points to the nearest 10. For larger purchases, you’re better off with a cash back credit card or a card with higher point accrual — although it may come with a small annual fee.
Similar to other rewards cards, the Citi Rewards+® Card has no annual fee. It offers 0% for 15 months on purchases and balance transfers from date of first transfer and on purchases from date of account opening — after which, the variable APR will be 13.49%–23.49% variable based on creditworthiness. The foreign transaction fee is 3% of each transaction after it’s converted to U.S. dollars. If you’re a heavy international traveler, avoid this fee by using a card with no foreign transaction fee while traveling.
How does it compare to other rewards cards?
The Citi Rewards+® Card is unmatched in terms of points available to accrue. However, when compared to similar cards, you will quickly see a disparity when it comes to the variety of bonus categories. The Wells Fargo Propel American Express® card does not round up points — neither does it offer points back upon redemption — but there is the potential to earn more points across a wider variety of categories. Similarly, the Bank of America® Cash Rewards Credit Card offers more bonus categories. Both are great for those who need a little more flexibility in their spending.
|Card Name||APR||Annual Fee||Intro Bonus||Credit Needed||Key Features|
|Citi Rewards+® Card Review||0% for 15 months, then 13.49%–23.49% variable on purchases and balance transfers from date of first transfer and on purchases from date of account opening||$0||Earn 20,000 bonus points after you spend $1,500 in purchases with your card within 3 months of account opening; redeemable for $200 in gift cards at thankyou.com||Good to Excellent|
|Wells Fargo Propel American Express® card||See Terms||$0||20,000 bonus points after spending $1,000 in purchases in the first three months||Good to Excellent|
|Bank of America® Cash Rewards Credit Card||See Terms||$0||Online $200 cash rewards bonus after making at least $1,000 in purchases in the first 3 months of account opening||Good to Excellent|
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