Citi Custom Cashâ„  Card

Citi Custom Cash„  Card: An In-Depth Overview

The Citi Custom Cash„  Card is an innovative credit card designed by Citibank to cater to the evolving financial needs of consumers. With a focus on cashback rewards and flexibility, this card stands out in a crowded marketplace of credit card offerings.

1. Card Name and Issuer

The Citi Custom Cash„  Card is issued by Citibank, one of the largest and most well-respected financial institutions in the United States. Citibank provides a variety of banking and financial products and services to millions of customers worldwide.

2. Card Type

The Citi Custom Cash„  Card is categorized as a cashback credit card, ideal for those who want to earn rewards on everyday spending without the complexities of a travel rewards card.

3. Annual Fee

This card comes with no annual fee, making it an attractive option for budget-conscious consumers who want to maximize their rewards without incurring additional costs.

4. Rewards Program

The Citi Custom Cash„  Card offers a flexible rewards program that allows cardholders to earn 5% cashback on their highest eligible spending category each billing cycle, up to $500 (after that, 1% cashback is earned). Categories include dining, grocery stores, gas stations, and select streaming services. All other purchases earn 1% cashback. Rewards can be redeemed in a variety of ways, including cash statement credits, gift cards, or even travel bookings.

5. Sign-Up Bonus

New cardholders can enjoy a generous sign-up bonus, typically offering $200 cashback after spending $1,500 in purchases within the first 6 months of account opening. This welcome bonus provides an additional incentive for new users to embrace this rewarding card.

6. APR (Annual Percentage Rate)

The Citi Custom Cash„  Card features a standard APR of 15.24% – 25.24%, depending on creditworthiness, with an introductory 0% APR on balance transfers for the first 15 months from the date of transfer. After that, the standard rates will apply, offering consumers a great way to save on interest payments during the introductory period.

7. Foreign Transaction Fees

One of the key benefits of the Citi Custom Cash„  Card is that it has no foreign transaction fees. This feature makes it a suitable choice for those who travel internationally and are looking to avoid extra costs when making purchases abroad.

8. Balance Transfer Options

The card provides favorable balance transfer options, including the aforementioned 0% APR for the first 15 months on balances transferred. This can help users alleviate high-interest debt from other credit cards without incurring additional charges during the introductory period. Note that a balance transfer fee of 3% is applicable for each transfer.

9. Additional Fees

While the Citi Custom Cash„  Card boasts many benefits, its important to be aware of other fees. Cardholders could face late payment fees of up to $40, and cash advance fees which are typically either 5% of the amount of each cash advance or $10, whichever is greater.

10. Card Benefits and Perks

Cardholders enjoy a host of additional benefits, such as travel insurance, extended warranty protection, and purchase protection. These perks help safeguard cardholders purchases and provide peace of mind while traveling.

11. Customer Protections and Insurance

The Citi Custom Cash„  Card includes comprehensive customer protections and insurance, such as $0 liability on unauthorized purchases, purchase protection, and rental car insurance, ensuring that users feel secure while using their card.

12. Eligibility and Credit Score Requirements

To apply for the Citi Custom Cash„  Card, applicants should ideally have a good to excellent credit score, generally above 670. This requirement ensures that the card is provided to responsible borrowers who have a track record of managing credit wisely.

13. Introductory Offers

In addition to a 0% APR on balance transfers, new cardholders can take advantage of an introductory offer on purchases as well, allowing for fee-free transactions during the first 15 months.

14. Special Features or Unique Selling Points

What sets the Citi Custom Cash„  Card apart is its unique ability to automatically adapt to the highest spending category, offering cardholders the flexibility to maximize their earnings without worrying about rotating categories. This feature allows users to earn rewards on their most frequent purchases effortlessly.

15. How to Apply

Applying for the Citi Custom Cash„  Card is straightforward. Interested individuals can apply online by visiting the ‘>Official Website. For more financial insights and resources, visit UpCube.net.