Citi is a TPG promoting associate.
Citi Customized Money® Card overview
The Citi Customized Money® Card (see charges and charges) is a stable cash-back card with no annual charge. This card differentiates itself from different choices in the marketplace by offering the distinctive capability to earn as much as 5% again in your high spending class every billing cycle on as much as the primary $500 spent, then 1% again after that. Whether or not you are a bank card beginner or need a card that can provide help to maximize purchases that do not match into different conventional bonus classes, you may wish to contemplate including this 0% curiosity card to your pockets. Card score*: ⭐⭐⭐⭐
* Card score is predicated on the opinion of TPG’s editors and isn’t influenced by the cardboard issuer.
The Citi Customized Money Card has no annual charge however takes a unique method from the issuer’s standard Citi® Double Money Card (with as much as a 2% cash-back charge on all purchases; 1% if you purchase and 1% as you pay; see charges and charges).
With this card, you may earn 5% money again on purchases in your high eligible spending class every billing cycle, as much as the primary $500 spent.
The cardboard usually requires a credit score rating of 720 or larger to be accredited.
Let’s assessment this card and see who it’s best for.
Citi Customized Money welcome provide
We’re followers of the Citi Customized Money Card because it comes with an simply attainable sign-up bonus — you may earn $200 money again after you spend $1,500 on purchases within the first six months of account opening. This bonus provide shall be fulfilled as 20,000 factors, which may be redeemed for $200 money again.
This sign-up bonus is akin to different no-annual-fee, cash-back playing cards. Whereas it is definitely not probably the most excellent provide, the sign-up bonus is a pleasant little incentive to use.
Citi Customized Money advantages
The Citi Customized Money is gentle on advantages, which is not shocking since there is no annual charge. Nevertheless, there are just a few perks and important safety features:
Day by day E-newsletter
Rewarding studying in lower than 5 minutes
Be part of over 700,000 readers for breaking information, in-depth guides and unique offers from TPG’s consultants
- Entry to Citi Leisure, which helps cardholders discover and buy unique tickets for live shows, sporting occasions and extra
- Contactless fee
- A free test of your FICO credit score rating
- Id theft safety that displays and alerts cardholders in case of suspicious exercise
- Citi Id Theft Options, which is able to help you for those who’re experiencing id fraud or theft
Incomes money again on the Citi Customized Money
Every billing cycle (roughly each month or so), you may earn 5% money again on the primary $500 of purchases in your high spending class from the next listing:
*Choose journey is outlined as airways, resorts, cruise traces and journey businesses.
**Choose transit is outlined as automobile leases, ferries, commuter railways, subways, taxis/limousines/automobile providers, passenger railways, bridge and highway tolls, parking tons/garages, bus traces and motor dwelling and leisure automobile leases. It additionally contains retailers that promote electrical energy for charging an electrical automobile.
***Choose streaming providers are outlined as cable, satellite tv for pc and streaming suppliers corresponding to Amazon Prime Video, Amazon Music, Apple Music, CBS All Entry, Disney+, AT&T TV NOW, ESPN+, fuboTV, HBO Max, NBA League Move, Netflix, Pandora, Showtime, Sling TV, Spotify, Starz, SiriusXM, Vudu, YouTube Crimson, YouTube TV and Tidal. (Be aware that AT&T TV NOW has just lately rebranded as DirectTV Stream).
This card actually caters to your way of life, whether or not you are jet-setting one month or cooking it up within the kitchen the subsequent. In the event you max out the $500 spending restrict every billing cycle, you may earn $25 in cash-back rewards monthly — for a possible most of $300 in rewards yearly.
There isn’t a have to preselect your high spending class every month — this card will robotically select that class.
For all different classes, you may earn 1% limitless money again.
redeeming money again on the Citi Customized Money
To place it in easy phrases, 1 ThankYou level equates to 1 cent of cash-back rewards. Meaning you may earn 5% again (or 5 factors per greenback) on the primary $500 spent in your high eligible spending class.
There is not any minimal steadiness you want to attain earlier than accessing your rewards — which is not the case for a lot of cash-back playing cards. You’ll be able to request a press release credit score or direct deposit at any time. Nevertheless, for those who’re requesting a test, there’s a minimal rewards steadiness of $5 (or 500 factors).
In the event you’re including the Citi Customized Money on high of your Citi Premier® Card (see charges and charges) or Citi Status, you may as well unlock the choice to transform your factors into miles with Citi’s 17 lodge and airline switch companions to extract doubtlessly better worth from them.
The knowledge for the Citi Status has been collected independently by The Factors Man. The cardboard particulars on this web page haven’t been reviewed or offered by the cardboard issuer.
Which playing cards compete with the Citi Customized Money Card?
There are numerous choices in the marketplace at present for many who wish to keep away from paying an annual charge altogether.
- If you’d like easier rewards: Strive the Citi Double Money. This card is great for novices since you may earn 1% if you purchase and 1% if you repay your invoice (for a complete of two% money again on all of your purchases). Plus, you may benefit from the uncapped incomes potential on the Double Money in case your spending exceeds the $500 restrict on the Customized Money. For extra data, learn our full assessment of the Double Money.
- If you’d like rotating rewards: Go for the Chase Freedom Flex℠. This card additionally has no annual charge, and you will earn 5% again on as much as $1,500 in purchases on rotating bonus classes every quarter you activate — which breaks right down to roughly $500 in spending every month. Chase will set the bonus classes every quarter, however prior to now, we have seen widespread distributors corresponding to Amazon, dwelling enchancment shops and fuel stations included in these rotating classes. For extra data, learn our full assessment of the Freedom Flex.
For extra choices, take a look at our full listing of the very best cash-back playing cards.
Associated: Why I switched from the Chase Freedom to the Chase Freedom Flex
Is the Citi Customized Money value it?
In case your spending habits change regularly, spending lots on one class one month and a unique class the subsequent, then the Citi Customized Money is an efficient selection for you. It has customizable rewards that match your spending patterns. The perfect half is that the method is all automated, which means all it’s a must to do is spend cash in a selected class to earn ample money again.
Backside line
The Citi Customized Money Card is a terrific selection for a cash-back card, as you may achieve true flexibility to earn rewards relying in your spending habits. Including the Customized Money may additionally be a good suggestion for current Citi cardholders in search of to maximise their rewards by means of the Citi ThankYou program.
Utility hyperlink: Citi Customized Money Card with $200 money again after you spend $1,500 on purchases within the first six months of account opening. This bonus provide shall be fulfilled as 20,000 Factors, which may be redeemed for $200 money again
Further reporting by Stella Shon and Chris Dong.
