Who should get the Citi Rewards+ Card?

Apr 10, 2020

This post contains references to products from one or more of our advertisers. We may receive compensation when you click on links to those products. Terms apply to the offers listed on this page. For an explanation of our Advertising Policy, visit this page.

Editor’s note: This post has been updated with current information. Citi is a TPG advertising partner.

The Citi Rewards+℠ Card and its student version, the Citi Rewards+℠ Student Card, initially made a big splash because of one very cool benefit that’s exclusive to these cards: rounding earnings on every purchase up to the nearest 10 points. This means you’ll be earning more than one point per dollar spent on every purchase you make.

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

But there’s a lot more to the Citi Rewards+ Card than simply rounding up your earnings. Indeed, the card provides some compelling benefits for a card with no annual fee and could be a good choice for everyday purchases that don’t fall into a specific bonus category. In this guide, we’ll consider the key benefits provided by the Citi Rewards+ Card as well as who can definitely benefit from having it in their wallet.

New to The Points Guy? Sign up for our daily newsletter and check out our beginner’s guide.

Key benefits of the Citi Rewards+ Card

First, let’s go over the key benefits of the Citi Rewards+ Card.

(Photo by John Gribben for The Points Guy)
(Photo by John Gribben/The Points Guy)

Sign-up bonus

The Citi Rewards+ Card currently offers a sign-up bonus of 15,000 bonus ThankYou Points after you spend $1,000 in purchases within three months of account opening. The bonus points aren’t available if you’ve received a sign-up bonus for, or closed, certain Citi credit cards within the past 24 months.

ThankYou points

This card earns Citi ThankYou points, which you can redeem at Amazon.com, for gift cards or real-time statement credits at a value of less than one cent each. If you’d rather save up points for travel, you can transfer ThankYou points to JetBlue at a 5:4 ratio.

If you also have a premium Citi card like the Citi Prestige® Card or Citi Premier℠ Card, you can combine points earned by the Citi Rewards+ Card with those in your premium card account and then transfer them to any of the Citi ThankYou airline transfer partners.

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

Related reading: Redeeming Citi ThankYou points for maximum value

Bonus categories

With the Citi Rewards+ Card, you’ll earn two points per dollar spent at supermarkets and gas stations on the first $6,000 per year; then one point per dollar thereafter. All other purchases earn one point per dollar spent.

Round up to the nearest 10 points

The points you earn on each purchase with the Citi Rewards+ Card are rounded up to the nearest 10 points. This means you’ll earn more than one point per dollar spent on almost every purchase. For supermarket and gas station purchases that earn two points per dollar spent, the 2x earning is calculated before rounding up to the nearest 10 points. So, you’ll earn 10 points on a $2 coffee, 20 points on a $12 lunch, 70 points on $32 of gas and 230 points on $111 of groceries.

10% points back

On top of the bonus categories and roundup points, you’ll also earn 10% of your points back on the first 100,000 Thank You points that you redeem each year. That’s 10,000 points back if you redeem 100,000 points.

Related reading: The best limited-time credit card offers to sign up for this month

Who should get the Citi Rewards+ Card?

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

People who want to earn bonus points at supermarkets and gas stations

earn $30 back with the hyatt credit card after spending $300 at grocery stores and drugstores
Make sure you’re earning bonus points on your grocery spending. (Photo by FangXiaNuo/Getty Images)

With many credit cards offering bonus points on spending at supermarkets and gas stations, you should be earning more than one point per dollar on these purchases. If you’re looking for a card that earns bonus points in these categories without an annual fee, the Citi Rewards+ Card is a decent choice since you’ll earn at least two points per dollar spent (up to $6,000 per year; then 1x).

Granted, other no-annual-fee cards can earn more at either supermarkets or gas stations, but generally not both. For example, The Amex EveryDay® Credit Card from American Express earns two Amex Membership Rewards points at U.S. supermarkets on up to $6,000 per year (then 1x) in purchases but it has no dining bonus. And although the Amex Everyday has better earning potential at supermarkets, you’d need to make sure you make 20 purchases or more during every billing period to earn a 20% bonus and maximize your earning rate.

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

Related reading: Amex EveryDay vs. Citi Rewards+: Which one should you get?

People who utilize JetBlue TrueBlue points

(Photo by Zach Honig/The Points Guy)
ThankYou points earned by the Citi Rewards+ Card can be transferred to JetBlue. (Photo by Zach Honig/The Points Guy)

If you redeem the points earned by the Citi Rewards+ Card for gift cards, you’ll get one cent of value per point. But, if you have a Citi Rewards+ Card you can transfer points directly to JetBlue’s TrueBlue program at a 5:4 ratio. TPG’s latest valuations peg the redemption value of JetBlue points at 1.3 cents each, so you can get about 1.04 cents of value per ThankYou Point when you transfer ThankYou points to JetBlue at this ratio.

People who make small purchases

Since the Citi Rewards+ Card rounds the points earned on every purchase up to the nearest 10 points, it’s perfectly designed for small purchases. Indeed, all supermarket and gas station purchases of less than $5 and all other purchases less than $10 will earn 10 points. This means you can get a relatively high return on small purchases across the board.

People who need to carry a balance for a short time

You generally shouldn’t carry a balance on your credit cards, but sometimes unexpected circumstances require you to temporarily float some debt. Or, you may want to transfer the balance from a high-interest-rate credit card while working to pay off existing debt. If you’re looking for a credit card that offers low intro APR, the Citi Rewards+ Card might be the card for you.

The Citi Rewards+ Card offers a 0% intro APR on purchases for 15 months from date of account opening and a 0% intro APR on balance transfers for 15 months from date of first transfer. Once the intro period is over, the variable APR will be 13.49% – 23.49% based on your creditworthiness. So you’ll want to be sure to pay off your balance during the intro period. There’s a balance transfer fee of $5 or 3% of the amount of the transfer, whichever is greater and balance transfers must be completed within the first four months of account opening.

Related reading: The top no-annual-fee credit cards with a 0% intro APR

People who have a premium Citi card

If you already have the Citi Prestige Card or Citi Premier Card, the points earned by the Citi Rewards+ Card will be even more valuable since you can combine them with your premium card’s ThankYou account. Once the points are in the premium card’s account, you can transfer them to more partners, including Avianca LifeMiles and Etihad Guest (as well as JetBlue at an improved 1:1 ratio). This ability to transfer your points to additional partners increases the redemption value of the points you earn with the Citi Rewards+ Card from around one cent each to approximately 1.7 cents each.

Bottom line

The Citi Rewards+ Card is best known for rounding up the points earned on each purchase to the nearest 10 points, but there are many other reasons to consider adding this card to your wallet as an everyday spending card. If you fall into any of the categories discussed above, it’s likely the Citi Rewards+ Card could provide significant value to you.

Apply here for the Citi Rewards+ Card with a 15,000 ThankYou point sign-up bonus

Related guides

Featured photo by Josh Gribben/The Points Guy.

Chase Sapphire Preferred® Card

WELCOME OFFER: 60,000 Points

TPG'S BONUS VALUATION*: $1,200

CARD HIGHLIGHTS: 2X points on all travel and dining, points transferrable to over a dozen travel partners

*Bonus value is an estimated value calculated by TPG and not the card issuer. View our latest valuations here.

Apply Now
More Things to Know
  • Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $750 toward travel when you redeem through Chase Ultimate Rewards®
  • 2X points on travel and dining at restaurants worldwide & 1 point per dollar spent on all other purchases.
  • Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Ultimate Rewards. For example, 60,000 points are worth $750 toward travel
  • Get unlimited deliveries with a $0 delivery fee and reduced service fees on orders over $12 for a minimum of one year on qualifying food purchases with DashPass, DoorDash's subscription service. Activate by 12/31/21.
  • Earn 5X points on Lyft rides through March 2022. That’s 3X points in addition to the 2X points you already earn on travel.
Intro APR on Purchases
N/A
Regular APR
15.99%-22.99% Variable
Annual Fee
$95
Balance Transfer Fee
Either $5 or 5% of the amount of each transfer, whichever is greater.
Recommended Credit
Excellent/Good

Editorial Disclaimer: Opinions expressed here are the author’s alone, not those of any bank, credit card issuer, airlines or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities.

Disclaimer: The responses below are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser’s responsibility to ensure all posts and/or questions are answered.