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Introducing the new Rewards+ Card from Citi Bank – this card comes with a unique system for earning points to help you earn rewards at a quicker pace!
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Upon approval, new cardmembers can earn 20,000 points signup bonus for spending $1,500 within 3 months your account is open. The value of these points are around $340. In addition, cardmembers can score 2x points on grocery and gas, up to $6,000 per year, then 1x points on everything else.
In simple terms, this is a card that you definitely don’t want to miss out on as this card has a more accessible rewards option than many of the rewards cards in the market. If you are interested in what you hear, continue reading on what more this card has to offer below!
*The Rewards+ Card is issued by CitiBank. Citi also offers great sign-up bonuses for their Checking/Savings accounts.
Table of Contents
Citi Rewards+ Card Summary
| Bonus Available | 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. |
| *Bonus Value | $340 |
| Travel Credit | No travel credit |
| Ongoing Rewards/Benefits | 2 points for every $1 at supermarkets and gas stations (for the first $6,000 spent per year) and 1 point for every $1 spent on all other purchases.
Round up to the nearest 10 points on every purchase. Get 10% points back for the first 100,000 points you redeem every year. |
| Foreign Transaction Fees | 3% |
| Airport Lounge Access | N/A |
| Annual Fee | $0 |
*Bonus value is an estimated value calculated by HustlerMoneyBlog and not the card issuer.
View our latest valuations here
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Recommended Free Credit Score (Get Free Score) 690 – 850 (Good – Excellent)
Citi Rewards+ Card 20,000 Bonus Points
Take advantage of the 20,000 ThankYou bonus points offer. All you have to do is charge at least $1,500 to your card within the first 3 months of opening your account.
20,000 ThankYou points has a value of $200 with the standard redemption options. Although not the best bonus offer on the market, it’s a great one for a no-annual-fee card. See the next section on how these points could be worth up to an average $340.
Here are some ideas on meeting the spending requirement:
What Are ThankYou Points Worth?
The “basic” ThankYou points you earn on Citi Rewards+ don’t have the same redemption power as “normal” ThankYou points. As a Rewards+ cardholder, you can only transfer your points to JetBlue (more on that later).
Other redemption options include:
- Travel booked through the ThankYou Travel center
- Merchandise at Amazon.com or BestBuy.com
- Gift cards
- Statement credits
All have a per-point value of $0.01. This valuation is neither good or bad. It’s what you would get for your points, on average, across different rewards cards.
If you want more value for your points, pair your Rewards+ Card with Citi Prestige or Citi Premier. Moving your Rewards+ ThankYou Points to your Prestige or Premier card account allows you to transfer to all airline partners – not just JetBlue. This boosts your per-point value to $0.017. So the value of your Citi Rewards+ signup bonus increases from $150 to $255.
Pairing the other cards with the Rewards+ Card is worthwhile because of the differences in higher earning categories. The Citi Prestige earns higher rewards on Air Travel, Restaurants, Hotels and Cruises. The Citi Premier earns higher on Travel (including gas stations), Restaurants and Entertainment.
See are the transfer partners available to Citi Prestige and Citi Premier cardholders.
Why You Should Apply for This Card
Citi Rewards+ rounds up earnings on all purchases to the nearest 10 points. If you spent $21 on lunch (non-category spend), you’ll earn 30 ThankYou points instead of 21.
This also means you’re guaranteed to earn a minimum of 10 points on every purchase. So it’s a useful feature if you often make purchases under $10.
Citi Rewards+ gives 10% of your redeemed points back. You’ll get it at the end of each calendar year, for up to 100,000 redeemed points. That means a maximum of 10,000 ThankYou points back annually, which is a $100 value.
All cardholders benefit from a suite of Citi services, including:
- Citi Private Pass. Buy tickets to concerts, sporting events, comedy shows and more before they’re open to the general public. Look out for exclusive VIP packages to certain events.
- Citi Concierge. 24/7 assistance for booking a flight or hotel, arranging a special night out and even finding the perfect gift for that special someone. Help is just a phone call away.
Bottom Line
There is a new card being introduced and it’s highly talked about. The Citi Rewards+ Card has an innovative way of earning points and rewards quicker. There is no annual fee as well as low intro rate on purchases and balance transfers.
With a signup bonus of 15,000 points for spending $1,000 within 3 months, this card will definitely allow you to rack up points. Not only that but you will earn up to 2x points on grocery and gas, up to $6,000 per year, then 1x thereafter.
If this is not the card for you, check out the Citi Prestige or Citi Premier, or feel free to check out our full list of the best credit card bonuses to find out which one suits your needs.
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Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities.
Hustlermoneyblog has partnered with CardRatings for our coverage of credit card products. Hustlermoneyblog and CardRatings may receive a commission from card issuers.
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