citi rewards plus by mastercard

Today we are going to look at the Citi Rewards+ card and also the Rewards+ student card, backed by MasterCard. They’re pretty much the same card other than the signup bonus and who they’re targeted towards; that’s why we’re looking at them in one single review.

The Rewards Plus card has a welcome bonus of 15,000 points after a minimum spend of $1,000 in the first three months. These points are going to be Citi points, so depending on whether you have other cards, they can either be worth 1 cent per points or up to 2 cents per points. The points can be used to get gifts cards at department and home stores or restaurants or to shop online at websites like Amazon or Best Buy.

Outside of the welcome bonus, you are going to earn 2X back on gas and grocery for up to $6,000 per year. After that and for everything else you’re going to earn 1X.

The card has no annual fee, and there is a 10% rebate if you want to redeem your points towards cash. At a minimum, this means the points are going to be worth 1 cent per point. The APR is 15.74-25.74% (variable).

For the Rewards+ Student card pretty much all of the main details are going to be the same. The big difference is going to be the welcome bonus of 2500 points you get after a $500 minimum spend in the first three months.  Your APR for the first seven months is going to be 0%, and then, depending on your creditworthiness, it will be anything from 16.74% to 26.74%.

Another benefit is having access to the Citi Private Pass, which gives exclusive access to buy tickets to all sort of events, including VIP packages to concerts, dining experiences, presale tickets, complimentary movie screenings, and many other offers found at

Citi Rewards+ rewards

The student card makes a lot of sense for most people because as a student, a lot of the cards that you have are not really going to be as competitive. Your volume size of the transactions is probably going to be relatively small. You can also start that Citi clock because you might not be eligible for the Premier card or any of the other, thank you earning cards that early on so it’s just starting that 24-month clock for thank you points.  With thank you cards you are only eligible for one bonus every 24 months, so if you do get this card, then you’re not suitable for another thank you bonus for two years.

The card has no annual fee, so worst case if you do move into an AMEX setup or Chase setup you can just put this into your sock drawer and it will help your credit score long term. It’s one of those cards that you don’t really need to worry about.

Is it worth it?

One of the good things about Citi is that you can product change between cards pretty easily, meaning that if you don’t value this card, you can product change it to something like the Citi Double Cash card or the Citi Dividend card in the long term.

So, for students, we would rate this pretty well. For the “normal” version for people who already have credit, this gets pretty interesting depending on how you want to play it. The main reason is because if you’re balancing the 24-month clock and it also depends on how you want to use this card and how aggressive you want to be. If you are considering the Premiere or the Prestige card. It would be better to get those cards first just because the sign-up bonus for those cards is substantially higher.

We discussed how the minimum value of the point is going to be 1.1 cents per points given the ten percent rebate bonus, but if you do have a Prestige card, you can actually transfer these points out to the partners, meaning that you can probably get about two cents per point in value from these points. Same idea with the Premier card; the thing is that if you are someone who flies last-minute or trying to fly business class or first-class, there’s a lot of value to be had by transferring these points. Honestly, the 2x and the 1x don’t come into play for because it doesn’t really matter.

Citi Rewards+ & Citi Rewards+ Student Credit Card fees


Anual membership fee

foreign transaction fee

Rewards +: 0% introductory APR for 12 months from date of account opening. Then 15.74% - 25.74% based on your creditworthiness

Rewards + Student: 0% introductory APR for 7 months from date of account opening, then 16.74% - 26.74% based on your creditworthiness


3% of each purchase transaction in US dollars

Main benefits and perks

Concierge service

No Annual Fee

24/7 Customer Service

Chip-Based technology for global acceptance

Citi® Private Pass®

Automatically rounds up to the nearest 10 points
on every purchase