Home Credit score Citi Rewards+ Credit Card Review 2022: Round Up Your Rewards

Citi Rewards+ Credit Card Review 2022: Round Up Your Rewards


GOBanking Rates Score

Quick take: The city® The Rewards+ credit card is a rewards card with no annual fee, primarily intended for use at grocery stores and gas stations. The card offers different ways to redeem points and is a great way to turn everyday purchases into usable rewards.

  • Costs
  • Redeem rewards
  • Interest rate
  • Sign-up bonus

How did we calculate this?


  • Two points for every dollar spent on gas and supermarkets
  • Rounds to the nearest 10 points for each purchase
  • Receive 10% points for the first 100,000 points
  • Generous bonus offer

The inconvenients

  • Foreign Transaction Commission
  • APR can be high

About the Citi Rewards+ Credit Card

The Citi Rewards+® credit card is one of many credit card offerings from Citi®, an advertising partner, that focuses on rewards through the purchases you make every day.

You can earn 2 Citi ThankYou® points for every dollar spent at gas stations and supermarkets nationwide, up to $6,000 in purchases, after which you earn 1 point per dollar. It also offers one point for every dollar spent on all other purchases. For a limited time, earn 5 points per $1 spent at restaurants, up to $6,000, within the first 12 months of account opening, then 1 point per $1 spent thereafter. Plus, all purchases are rounded up to the nearest 10 rewards points.

There is also no annual fee, which is the highlight of this rewards card. However, there is an initial balance transfer fee of 3% of the amount for each transfer during the first four months of account opening. After that, the fee increases to 5% on each balance transfer. The minimum charge is $5.

There are many ways to redeem your rewards, which makes this Citi credit card a good choice for many people. For example, if you travel frequently, you can redeem points for travel. If you already have other Citi credit cards with ThankYou® points, you can use this one to strategically earn more points.

Best Features

For this Citi Rewards+ review, the following four features were rated on a scale of five. Here’s everything you need to know:


As mentioned, the Citi Rewards+ card has no annual fee. However, you may have to pay other fees, including balance transfer fees and international transaction fees.

There is an introductory fee for four months on balance transfers of 3% or $5, whichever is greater. After the introductory period, the fee will increase to the greater of 5% or $5.

The international transaction fee is 3%, which applies to all foreign transactions, including purchases on foreign websites. That’s a bit higher than what you’ll find on other competing rewards cards. If you plan to use the card while traveling or buying things from websites outside the United States, you will have to pay this fee each time.

Redeem rewards

Although there are many ways to redeem rewards on your earned points, there is no simple system. The rewards vary according to the number of points. Here are some of the ways you can redeem Citi ThankYou® points:

  • Cash back: Cash back is paid via credit statement, direct deposit or mailed check. The minimum redemption amount for a check is $5.
  • Gift card: You can get gift cards at various ThankYou® Points Center stores and restaurants.
  • Purchases: Redeem your points at select merchants including Amazon.com, BestBuy.com, Live Nation, PayPal, and 1800Flowers.com.
  • Travel reservations: These points can be redeemed through the ThankYou® Travel Center. Charges may apply.
  • Check payable to charity: If you’re in the mood to give, you can also redeem points for a check made payable to $25, $50, or $100 to a charity listed on thankyou.com.
  • Pay with points: This option allows you to pay for recent purchases in eligible categories, such as utilities, entertainment, and clothing, with points.

The rewards are pretty decent, and anyone good at using points and rewards strategically can benefit.

Interest rate

One of the best things the Citi Rewards+ credit card offers is an introductory APR of 0% for 15 months, after which the APR will be , depending on the credit score. Some may consider this high, especially if you don’t have great credit, which means you’ll most likely pay something towards the upper limit.

For balance transfers, the 15-month introductory APR starts from the first transfer. For purchases, the 15 months begin when the account is opened. For balance transfers, the first transaction must be completed within four months.

Despite the potentially high regular APR, the initial 0% APR can be useful for balance transfers from other credit cards as long as you pay them off within the first 15 months.

Sign-up bonus

The sign-up bonus offer at Citi Rewards+ is pretty good, but it has a catch. You need to spend $1,500 in the first three months to get the 20,000 bonus points.

These are redeemable as $200 gift cards, while other card offers will give you real cash back.

Who is it best for?

The Citi Rewards+ card can be great for anyone, because points come from frequent purchases, like putting gas in your car or buying vegetables at the market. The absence of annual dues is also beneficial.

That said, it’s best for someone who has a little experience with credit cards and rewards. While the rewards are great, they have a learning curve if you want to get the most out of them. This is because points work differently for each reward.

Good to know

Like most Citi credit cards, you’ll need a good credit score, probably at least 670, to easily qualify. Even then, your eventual APR after the first 15 months will be based on creditworthiness. If you don’t have a good credit rating right now, you might want to get a credit card that can help you without a very high interest rate.

The Citi Rewards+ Credit Card vs. the Competition

Although several rewards cards offer similar functionality to the Citi Rewards+ credit card, none offer the point rounding feature. This is one of the biggest advantages of this card and gives it an edge over others.

Amex EveryDay Credit Card

Citi Rewards+’s most direct competitor is the Amex EveryDay® credit card, which has similar features, including a 0% APR on purchases for the first 15 months, followed by an APR of – and the possibility of earning points on purchases in American supermarkets.

The card does not extend the introductory rate to balance transfers, primarily because the card does not offer them. However, it offers 20% more bonus points every month, if the holder makes at least 20 transactions per month. Terms apply.

Chase unlimited freedom

Another competitor is Chase Freedom Unlimited, which has a tiered rewards system like Citi Rewards+. It offers 5% cash back on travel, 3% on restaurant and drugstore purchases, and 1.5% cash back on everything else.

And like Citi Rewards+, it offers 0% APR on purchases and balance transfers for the first 15 months. However, Chase Freedom Unlimited’s APR range after launch rate is slightly higher, at .

Final take

The Citi Rewards+ card can be profitable in the right hands, as there are many opportunities to earn and redeem rewards.

Even though the rewards are enticing, understanding them and taking advantage of them can take time and strategy. There are no annual fees, which is a huge plus. And the 0% introductory APR on balance transfers lets you transfer debt from another card without paying high interest as long as you pay it off on time.

Once the introductory APR for purchases is completed, the APR will be it is therefore important to pay your bill in full each month to avoid having to pay interest charges.


Here are answers to some of the most frequently asked questions about the Citi Rewards+ credit card.

  • How does the Citi Rewards+ card work?
    • The Citi Rewards+ card automatically rounds up to the nearest 10 points with every purchase. You earn double points in supermarkets and gas stations, up to $6,000 per year.
  • What credit score is needed for a Citi Rewards+ card?
    • The generally accepted minimum score to qualify for the card is 670.
  • Can I use my ThankYou points to pay my bill?
    • Yes. ThankYou members can redeem points for payment for online bill payment.
  • How do I redeem my ThankYou points?
    • Go to www.thankyou.com to see the rewards and add what you want to your cart. You can also redeem travel rewards online.

Cynthia Measom contributed reporting for this article.

Rates are subject to change; unless otherwise specified, prices are updated periodically. All other account information is accurate as of July 29, 2022.

Editorial Note: This content is not provided by Citi, Chase or American Express, a partner of GOBankingRates. Any opinions, analyses, criticisms, ratings, or recommendations expressed in this article are those of the author alone and have not been reviewed, endorsed, or otherwise endorsed by Citi, Chase, or American Express.

About the Author

Scott Jeffries is a seasoned technology professional based in Florida. He writes on the topics of business, technology, digital marketing, and personal finance.

After earning his bachelor’s degree in management information systems with a minor in business, Scott spent 15 years working in technology. He has helped startups to Fortune 100 companies bring software products to life. When he’s not writing or building software, Scott can be found reading or spending time outdoors with his children.