Citizens Bank CashBack Rewards Credit Card: Comprehensive Review

The Citizens Bank CashBack Rewards credit card, issued by Citizens Bank, is an attractive option for consumers seeking robust cashback benefits without the burden of an annual fee. This card is designed for everyday spenders who wish to maximize their rewards while enjoying useful financial perks. Lets delve into the details of this credit card to help you determine if it fits your financial needs.

Card Type

The Citizens Bank CashBack Rewards credit card is primarily a cashback credit card. It allows cardholders to earn cashback on their purchases, making it an appealing choice for those who prefer straightforward rewards structures over travel points or miles.

Annual Fee

One of the standout features of the Citizens Bank CashBack Rewards card is its no annual fee. This makes it a cost-effective choice compared to many competitor cards that impose significant fees.

Rewards Program

This card offers an enticing rewards program, where cardholders can earn up to 1.5% cashback on all eligible purchases. Additionally, bonus categories, which can capitalize on categories like dining or groceries, often increase cashback potential. Rewards can be easily redeemed as statement credits, providing a simple way to offset future purchases.

Sign-Up Bonus

New applicants can take advantage of a competitive sign-up bonus. For example, earning a $150 welcome bonus after spending $500 within the first three months offers an excellent incentive for new cardholders.

Annual Percentage Rate (APR)

The regular APR for the Citizens Bank CashBack Rewards card is competitive, typically ranging from 15.24% to 25.24% based on creditworthiness. Additionally, the card features an introductory 0% APR for the first 15 months on purchases, providing an excellent opportunity for new cardholders to manage larger expenses without accruing interest.

Foreign Transaction Fees

For those who travel abroad, the Citizens Bank CashBack Rewards card does not charge any foreign transaction fees, making it a solid option for international use where other cards might accumulate additional costs.

Balance Transfer Options

Cardholders can also benefit from balance transfer options. Citizens Bank often offers promotional 0% APR for balance transfers made within the first few months, allowing users to pay down existing debt without high-interest charges. However, note that a balance transfer fee may apply, generally around 3% of the transferred amount.

Additional Fees

Its essential to be aware of additional fees associated with the card. These include cash advance fees, often around $10 or 5% of the amount withdrawn, and late payment fees that can be as high as $40 if a payment is missed.

Card Benefits and Perks

The Citizens Bank CashBack Rewards card includes several benefits and perks, such as access to exclusive discounts and offers through Citizens Banks rewards program. Other perks may include fraud protection and travel insurance when using the card for travel-related purchases.

Customer Protections and Insurance

This credit card also prioritizes customer protections. Cardholders enjoy zero fraud liability, meaning they wont be held responsible for unauthorized transactions. Theres also purchase protection on eligible items and rental car insurance, which can save users from additional costs when traveling.

Eligibility and Credit Score Requirements

To apply for the Citizens Bank CashBack Rewards card, applicants typically need a good to excellent credit score, usually in the range of 700 or higher. Meeting this criterion enhances your likelihood of approval and may secure better terms.

Introductory Offers

The cards introductory offers are especially attractive for recent recipients. In addition to the 0% APR on purchases, there’s often additional promotional incentives, like increased cashback in specific categories or spending requirements to qualify for the welcome bonus.

Special Features or Unique Selling Points

The Citizens Bank CashBack Rewards card stands out with features like no annual fee and the simplicity of its cashback rewards. An added benefit is the user-friendly mobile app, which helps cardholders track spending and rewards in real-time, ensuring they can make the most of their cashback opportunities.

How to Apply

Applying for the Citizens Bank CashBack Rewards card is straightforward. Interested customers can UpCube.net. Dont miss out on the chance to enhance your financial strategy;