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The Citi Rewards+® Card offers 20,000 ThankYou points as a welcome bonus after you spend $1,500 in purchases with your card within 3 months of account opening. These bonus points are worth $200 in gift cards via thankyou.com. I’ll explain below how they could be worth up to an average $340.
The Citi Rewards+® Card offers higher rewards at supermarkets and gas stations. Plus, you’ll earn at least 10 points for every purchase via a unique points round-up benefit. It’s a solid everyday rewards card, especially if you tend to make many small purchases.
If you’re looking for a no annual fee card for less than $6,000 in supermarket and gas station spending, the Citi Rewards+® Card is a good option. Bigger spenders will have better options available. For no-annual-fee cash back card, see the Citi® Double Cash Card.
*The Citi Rewards+® Card is issued by CitiBank. Citi also offers great sign-up bonuses for their Checking/Savings accounts.
| Bonus available | Earn 20,000 bonus points after you make at least $1,500 in purchases within the first 3 months of account opening. |
| Bonus value* | $340 |
| 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. |
| Foreign transaction fees? | 3% |
| Annual Fee | $0 |
*Bonus value is an estimated value calculated by MoneysMyLife and not the card issuer. Read our card review for more details.
View our latest valuations here.
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PROS
- No annual fee
- Bonus points
- Points round up
CONS
- Good-Excellent credit needed to qualify
- Spending cap on bonus categories
- Foreign transaction fees
BLUE CASH EVERYDAY® CARD FROM AMERICAN EXPRESS
Terms apply to American Express benefits and offers. Enrollment may be required for select American Express benefits and offers. Visit americanexpress.com to learn more.
The Blue Cash Everyday® Card from American Express has a promotion for a $200 statement credit after you spend $2,000 in purchases on your card within the first 6 months of card membership.
This card earns 3% at U.S. supermarkets, up to $6,000 per year in purchases (then 1% after you reach the cap). You’ll also get 2% at U.S. gas stations & select U.S. department stores and 1% cash back on other purchases.
This is one of the best welcome bonus offers for a card with no annual fee, and the ongoing cash back rate makes sense for those that spend heavy at U.S. supermarkets and U.S. gas stations. See Rates & Fees, Terms Apply.
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 decent 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 the Citi Rewards+® Card 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 Citi Rewards+® Card with Citi Prestige® Credit Card or Citi Premier℠ Card. 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 around $0.017. So the value of your Citi Rewards+® Card signup bonus increases from $200 to around $340.
Pairing the other cards with the Citi Rewards+® Card is worthwhile because of the differences in higher earning categories. The Citi Prestige® Credit Card earns higher rewards on Air Travel, Restaurants, Hotels and Cruises. The Citi Premier℠ Card earns higher on Travel (including gas stations), Restaurants and Entertainment.
Here are the transfer partners available to Citi Prestige® Credit Card and Citi Premier℠ Card cardholders.
- Aeromexico Club Premier
- Asia MilesTM
- Avianca LifeMiles
- Emirates Skywards
- Etihad Guest
- EVA Air Infinity MileageLands
- Flying Blue Air France KLM
- InterMiles
- Jetblue TrueBlue
- Malaysia Airlines Enrich
- Qantas Frequent Flyer
- Qatar Airways Privilege Club
- Singapore Airlines KrisFlyer
- Thai Airways Royal Orchid Plus
- Turkish Airlines Miles & Smiles
- Virgin Atlantic Flying Club
Bottom Line
The Citi Rewards+® Card is a solid choice if you have a moderate budget and most of your expenses go towards supermarkets and gas stations. There’s no annual fee and a guarantee of at least 10 points on every purchase. For increased earning and redemption power, pair the Rewards+® card with Citi Prestige® Credit Card or Citi Premier℠ Card.
If you’re a bigger spender, or you don’t make a lot of supermarket and gas station purchases, there are other rewards cards with better value.
What’s The Competition?
Below are some of the top competitors to the Citi Rewards+® Card you should consider.
CAPITAL ONE® QUICKSILVER® CASH REWARDS CREDIT CARD
The Capital One® Quicksilver® Cash Rewards Credit Card will earn a $200 bonus when you spend $500 on purchases within the first 3 months. The bonus offer is comparable to its top competitors, but this card earns a respectable 1.5% cash back on every purchase with no limit on how much you can earn. There are no spending categories to keep up with and the cash back won’t expire while the account is open.
People like this card because of the cash back rate, the flexibility to redeem your cash back for any amount, and there’s no annual fee.
CHASE FREEDOM FLEX℠
The Chase Freedom Flex℠ credit card is going to earn you a $200 bonus after you spend $500 on purchases in the first 3 months from account opening. The welcome bonus comes in the form of 20,000 Ultimate Rewards points. This card has no annual fee.
This card earns 5% cash back on up to $1,500 in combined purchases in bonus categories each quarter you activate (new categories each quarter). Travel purchased through Chase also earns 5%.
This card earns Ultimate Rewards (UR) points and is a popular option for a multi Chase card strategy. You can pool points together with consumer cards like the Chase Sapphire Preferred® Card and Chase Sapphire Reserve®. Or, with a business card like the Ink Business Preferred® Credit Card. The 20,000 UR points could be worth around $400 with this strategy, rather than the standard $200. Read more on this here.
BLUE CASH EVERYDAY® CARD FROM AMERICAN EXPRESS
Terms apply to American Express benefits and offers. Enrollment may be required for select American Express benefits and offers. Visit americanexpress.com to learn more.
The Blue Cash Everyday® Card from American Express has a promotion for a $200 statement credit after you spend $2,000 in purchases on your card within the first 6 months of card membership.
This card earns 3% at U.S. supermarkets, up to $6,000 per year in purchases (then 1% after you reach the cap). You’ll also get 2% at U.S. gas stations & select U.S. department stores and 1% cash back on other purchases.
This is one of the best welcome bonus offers for a card with no annual fee, and the ongoing cash back rate makes sense for those that spend heavy at U.S. supermarkets and U.S. gas stations. See Rates & Fees, Terms Apply.
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Editorial Disclaimer: Opinions expressed here are author's alone, not those of any bank, credit card issuer, hotel, airline, or other entity. This content has not been reviewed, approved or otherwise endorsed by any of the entities included within the post.
Disclaimer: These responses are not provided or commissioned by the bank advertiser, credit card issuer, hotel, airline or other entity. Responses have not been reviewed, approved or otherwise endorsed by any of the entities included within the post. It is not the bank advertiser's or any other entity's responsibility to ensure all posts and/or questions are answered.