Awesome: Citi Rewards+ 10% Rebate Benefit Stacks

Filed Under: Citi, Credit Cards
In the interest of full disclosure, OMAAT earns a referral bonus for anyone that’s approved through some of the below links. Citi is an advertising partner of OMAAT. The information and associated card details on this page for the Citi Premier® Card card has been collected independently by OMAAT and has not been reviewed or provided by the card issuer. These are the best publicly available offers (terms apply) that we have found for each product or service. Opinions expressed here are the author's alone, not those of the bank, credit card issuer, airline, hotel chain, or product manufacturer/service provider, and have not been reviewed, approved or otherwise endorsed by any of these entities. Please check out our advertiser policy for further details about our partners, and thanks for your support!

At the beginning of the year the new Citi Rewards+℠ Card was introduced.

Basics of the Citi Rewards+ Card

This is a no annual fee card that has some interesting benefits that could come in handy for many. The Citi Rewards+:

  • Offers a welcome bonus of 15,000 bonus points after spending $1,000 within three months
  • Rounds up purchases to the nearest 10 ThankYou points
  • Offers 2x ThankYou points at supermarkets and gas stations, for the first $6,000 spent per year
  • Gives you 10% of your points back for the first 100,000 points you redeem per year

This is an excellent no annual fee card that’s a great complement to the Citi Premier® Card (review) or Citi Prestige® Card. Since you can pool points between cards, you can take advantage of the best benefits of each card — earn 10 points per dollar for small purchases with the Rewards+, 5x points on restaurants with the Prestige, etc.

However, there’s another potentially awesome benefit that works much better than I was expecting.

The 10% points rebate benefit is better than I thought

One of the benefits of the card is that it offers 10% of your points back for the first 100,000 points you redeem per year.

Unfortunately I feared this benefit would be of limited value, given the different redemption values available through these cards:

  • The Rewards+ lets you redeem points for at most one cent each
  • The Premier and Prestige let you transfer points at a 1:1 ratio to airline partners

Based on my initial understanding, you’d only get 10% of your points back if you redeem them specifically through the Citi Rewards+ Card.

If you had the Citi Rewards+ you can pool your points, which is the best way to redeem them. I didn’t think that would trigger the 10% refund, though.

As it turns out, that’s not the case. Out & Out notes that he received the Rewards+ 10% rebate benefit for a mileage transfer with the Citi Prestige/Citi Premier.

What does this mean? If you have the Citi Rewards+ in conjunction with the Premier and/or Prestige, and if you pool points and transfer them to a Citi ThankYou airline partner, that redemption would be eligible for the 10% refund. That means if you transfer 100,000 points per year you’d get 10,000 ThankYou points back.

At least that’s how things seem to be working in practice as of now. There’s no guarantee that this will continue to be the case, since it’s not explicitly stated one way or another in the terms. For now it is yet another reason to get the  Citi Rewards+℠ Card.

The comments on this page have not been provided, reviewed, approved or otherwise endorsed by any advertiser, and it is not an advertiser's responsibility to ensure posts and/or questions are answered.
  1. That’s a nice bonus if it continues. So Citi is now effectively giving 5.5 points on airfare and dining if you pair the Rewards+ with a Prestige. Add in transfer bonuses and it could be even better. Chase needs to pay attention, as Citi and AmEx keep chipping away at any advantage they had.

  2. Only downside is if you apply for this card, you can’t apply for a Prestige or a Premiere for the next 24 months. And if you’ve opened or closed a Prestige or a Premiere within the past 24 months, you won’t get a sign up bonus for the Citi + app.

    Whoa, I just checked the T/Cs for the Citi +. and it’s MUCH worse than that:

    “Bonus ThankYou® Points are not available if you received a new cardmember bonus for Citi Rewards+℠, Citi ThankYou® Preferred, Citi ThankYou® Premier/Citi Premier℠ or Citi Prestige®, or if you have closed any of these cards, in the past 24 months.”

    So if you have EVER gotten a sign up bonus for a TYPs card of any sort, you won’t get a bonus for a Citi+ app. 😮

    A fact that should have been mentioned in this post, IMHO. Especially since it refers to “stacking” with other TYPs cards. Yes, you can “stack” points, but if you have a card to stack with, no sign up bonus for you. 🙁

  3. Citi is weird in its separation of the earned TYP points using different cards. I have the Premiere card plus this Citi Rewards+ card but have accumulated 53K TYP with the Premiere card. If I transfer the points to – say SQ – do I still get 10% back?

    Thank you.

  4. I may switch to this dependent upon. Does anyone know what the cutoff is for citigold accounts to be grandfathered? I need to wait till I move back stateside in May.

    While I like the Sapphire Reserve and it’s been great living abroad I’m not sure I go that route in the states. Also looking at Amex Gold as I have seemless and grubhub there.

  5. @Robert Hanson

    That’s not true about the Citi + bonus. I’ve received the Prestige and the Preferred sign up bonuses and I got this bonus no problem. I think the language states you just couldn’t have gotten the bonus for these cards within the past 24 months.

  6. @Kalboz You can combine your Thank You accounts, at which point it shouldn’t matter which card it came from. In fact, Rewards+ is only transferable to JetBlue unless you combine your accounts, so the Qantas transfer referenced in the article above had to have come from a combined account with a Premier or Prestige.

  7. I am on a different boat, was thinking of product changing the costco card to this one and stack it with my Premier card. Any one have DP on that being a possibility?

  8. @NRaiford

    Thank you for translating that for me. It was the run on sentence, and surfeit of commas, that had me confused. I see now it can be read either way, but your experience shows which way is the correct interpretation.

Leave a Reply

If you'd like to participate in the discussion, please adhere to our commenting guidelines. Your email address will not be published. Required fields are marked *