By Stephanie Miller


5 Min. To Read

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If you’re looking for a new rewards card that’s both full of features AND doesn’t charge an annual fee, you’re in luck. The new Citi Rewards+ Card launched a few weeks ago, and it brings with it a slew of benefits that will make any cardholder happy.

Let’s take a look at what this card has to offer and how it compares to other rewards credit card options.

There’s a Signup Bonus

When you sign up for the Citi Rewards+ Card, you’ll be eligible for a nice introductory points bonus. The current bonus being offered is 15,000 ThankYou Rewards points. This will equate to $150 in gift cards when redeemed, per Citi, though you could actually make those points stretch further when redeemed in other ways.

In order to earn this signup bonus, you’ll need to spend a minimum of $1,000 on the account within the first three months of card ownership. This means spending only $333 a month on the card, which most of us can easily do between gas and groceries.

Great Bonus Categories

Speaking of gas and groceries, that’s exactly where you’ll earn the most number of points with the Citi Rewards+ Card. This is great news for most of us, as gas and groceries are not only universal expenses, but make up a substantial portion of most household budgets.

When you use your new Citi Rewards+ Card to buy gas or groceries, you’ll earn 2x ThankYou Rewards points for every dollar you spend, up to $6,000 a year. After that, you’ll earn 1x point for every $1 spent. You’ll also earn unlimited 1x points per $1 spent on everything else you buy with the card, all year long.

It Rounds Your Points Up

One cool feature of the Citi Rewards+ Card is that the points you earn will be rounded up to the nearest 10, no matter how much you spend or what you’re buying. This makes it even easier to rack up your rewards balance.

Let’s say that you use the card for your morning cup of coffee each day, at $3. Based on the points schedule, you should earn 3 ThankYou Rewards for this purchase. However, thanks to the round-up rule, you’ll actually earn 10 points each time. Same goes for the $11 lunch you order; rather than earning 11 points, you’ll snag a full 20.

You Get Points Back

Every time you redeem your rewards points with the new Citi Rewards+ card, you’ll earn even more points back. In fact, for every redemption you initiate, Citi will credit your account back for 10% of them

So, if you chose to redeem 50,000 points, you’d get a cool 5,000 ThankYou Rewards points right back into your account balance. Not a bad way to make those points stretch even further!

There’s No Fee

Of course, one of the best things about Citi’s new rewards card is that there is no fee. You won’t have to worry about whether you’re getting your money’s worth each year, or letting an annual fee eat into the cash back you earn.

Is It the Card For You?

There are a number of no-fee rewards cards on the market today; one of my favorites, in fact, is also from Citi (the Double Cash Card). However, the Citi Rewards+ Card looks to be a pretty good option for anyone wanting to earn rewards without worrying about yearly fees.

If you spend a lot on groceries and gas, this is a great card to use at least up to the $6,000 annual limit. With the 10-point roundup feature, you can earn even more on your small purchases, making it pretty competitive.

With a 15,000-point introductory offer and no out-of-pocket expense, it’s definitely a card worth trying out.

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