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This credit card offers convenience, security and financial versatility for all your users.
The Citi Mastercard Rewards is a credit card that offers a variety of benefits and flexibility, allowing you to earn reward points with your everyday purchases.
The card allows you to easily accumulate points and exchange them for a wide variety of rewards, such as products, travel and statement credits.
And the great attraction of Citi is the flexibility with which you can accumulate and redeem points.
In addition to its main earning categories, such as supermarkets and gas stations, the card offers a special travel promotion, allowing you to earn 5 points for every dollar spent on hotels and car rentals.
Citi Rewards
Easy cashback Flexible optionsHow does the Citi Mastercard Rewards work?
The Citi credit card works in a simple and advantageous way, allowing you to accumulate points in various purchase categories.
You earn 2 points for every dollar you spend at grocery stores and gas stations for the first $6,000 you spend each year, and 1 point for every dollar you spend after that.
Additionally, there is a special offer where you can earn 5 points for every dollar spent on hotels, car rentals and attractions booked on CitiTravel.com until December 31, 2025.
A unique feature of the card is the rounding of points. For each purchase made, the card automatically rounds up the points to the nearest 10 points.
For example, a $2 purchase at a parking meter generates 10 points, and a $12 purchase generates 20 points. This functionality helps maximize the accumulation of points on each purchase, making it even more advantageous.
Main benefits of Citi Mastercard Rewards
One of the main attractions of this card is the bonus offer of 20,000 points after spending $1,500 in the first three months of account opening, which can be redeemed for $200 in gift cards or travel.
Furthermore, the Citi Mastercard offers a low introductory interest rate of 0% for 15 months on purchases and balance transfers.
During this period, you won’t need to worry about interest, which makes paying for purchases easier and allows you to accumulate points without the burden of high fees.
Another interesting benefit is the return of 10% points back when redeeming rewards.
If you redeem up to 100,000 points per year, you’ll earn 10% of redeemed points back.
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Cons of Citi Card
The interest rate after the promotional period is relatively high, ranging between 17.74% and 27.74% APR, which can make the card expensive if you don’t pay off the balance in full.
Therefore, it is essential that you get into the habit of paying the full bill to avoid high interest rates.
Additionally, the card charges a 3% balance transfer fee for the first four months and 5% thereafter.
And while this fee is common with many credit cards, it can represent a significant additional cost for those looking to transfer balances from other cards.
APR and Fees
THE Others Mastercard offers an introductory interest rate of 0% APR for 15 months on both purchases and balance transfers.
This can be considered a significant advantage for those who are planning to transfer a balance from another card or make large purchases, as during the promotional period, you will not pay interest.
However, after this period, the APR ranges from 17.74% to 27.74% depending on your credit rating, which can be high if you carry balances from month to month.
And regarding fees, the card does not charge an annual fee, which is a great attraction for those who do not want to bear extra costs. However, the balance transfer fee is a concern.
And for the first four months, that fee is 3%, and then it goes up to 5%, which can be a considerable cost, especially if you plan to transfer large balances.
Additionally, as mentioned, there is a 3% fee on balance transfers for the first four months, which may be a factor to consider if you need to do this type of transaction.
Although the card has an introductory rate of 0% APR, it’s important to be aware of these additional fees.
How to apply for the Citi Mastercard Rewards
To sign up for Citi Mastercard Rewards, just access the official Citi website and fill out the registration form.
The registration process is quick and straightforward, requiring basic information such as personal and financial details.
After applying, Citi will analyze your credit history and, based on this survey, decide whether you will be approved.
If approved, you will receive your credit card and can start using it immediately, taking advantage of sign-up bonuses and other benefits.
The card offers a great way to start earning points quickly, with a 20,000 point bonus when you meet the $1,500 spending requirement in the first three months.
Additionally, signing up online allows you to take advantage of special promotions and limited offers, which can increase your chances of earning more points or perks over time.
If you’re interested in signing up, check out the offers and make sure you take advantage of all available promotions to maximize your rewards from the start.
