Tag: Citibank cashback card

Citi Custom Cash Card “ Your Versatile Cashback Solution

The Citi Custom Cash Card is a special offering from Citibank that caters to consumers looking for a flexible credit card that allows them to earn cashback on categories they spend the most. This card is not just a basic cashback card; it provides a unique rewards structure tailored to individual spending patterns, making it an ideal choice for diverse spending habits.

1. Card Name and Issuer

The Citi Custom Cash Card is issued by Citibank, one of the largest financial institutions in the world, known for its range of consumer credit products.

2. Card Type

This card is classified as a cashback credit card, providing users the ability to earn cashback rewards on their everyday purchases.

3. Annual Fee

One of the standout features of the Citi Custom Cash Card is that it comes with no annual fee. This allows cardholders to enjoy the benefits of cashback rewards without the burden of a yearly fee.

4. Rewards Program

The rewards structure of the Citi Custom Cash Card is designed to adapt to your spending behavior. Cardholders earn 5% cashback on their highest eligible spend category each billing cycle, up to the first $500 spent. Eligible categories include restaurants, grocery stores, gas stations, select travel, and more. Additionally, users earn 1% cashback on all other purchases. Rewards can be redeemed as statement credit, deposits to your bank account, or for gift cards and merchandise.

5. Sign-Up Bonus

New cardholders can take advantage of a lucrative sign-up bonus. After spending $750 in the first 3 months from account opening, users can earn a $200 cashback bonus. This initial incentive provides a substantial reward for those who meet the spending criteria.

6. APR (Annual Percentage Rate)

The Citi Custom Cash Card offers a variable APR that ranges from 13.99% to 23.99%, depending on your creditworthiness. Additionally, there may be an introductory offer of 0% APR on purchases and balance transfers for the first 15 months. This allows users to make larger purchases without accruing interest for an extended period.

7. Foreign Transaction Fees

Travelers will appreciate that the Citi Custom Cash Card does not charge any foreign transaction fees, making it a valuable option for international purchases.

8. Balance Transfer Options

If you are considering transferring a balance, the card offers a 0% introductory APR on balance transfers for the first 15 months. After this period, the regular APR applies, and a balance transfer fee of 3% of the amount transferred will apply.

9. Additional Fees

While there are no annual fees, cardholders should be aware of other potential costs, such as late payment fees of up to $40 and cash advance fees which may be either $10 or 5% of the amount, whichever is greater.

10. Card Benefits and Perks

Citi Custom Cash Cardholders can enjoy several attractive benefits, including access to Citi Entertainment, offering exclusive access to concerts, sporting events, and dining experiences.

11. Customer Protections and Insurance

The card comes with solid customer protections, including $0 fraud liability, ensuring you are not held accountable for unauthorized transactions. Additionally, there’s purchase protection that covers eligible purchases against damage or theft for 120 days, and rental car insurance for qualifying rentals.

12. Eligibility and Credit Score Requirements

To be eligible for the Citi Custom Cash Card, applicants generally need to have a good to excellent credit score, typically around 700 or higher. Meeting this criterion can enhance your chances of approval.

13. Introductory Offers

As mentioned earlier, the card features a 0% APR introductory offer for purchases and balance transfers for the first 15 months, providing a great avenue for those looking to manage their finances more effectively.

14. Special Features or Unique Selling Points

What sets the Citi Custom Cash Card apart is its flexible rewards structure, which dynamically adjusts to your highest spending category. Unlike fixed-category cards, this feature means cardholders can maximize their cashback potential based on actual purchasing behavior.

15. How to Apply

Applying for the Citi Custom Cash Card is a straightforward process. You can submit your application online through Citibanks official website. For more details and to start your application, visit the ‘>Apply Here page to get started today, and check out additional insights about finances on UpCube.net. Make the most of your spending with the Citi Custom Cash Card.