Citi Custom Cash Card is a cash-back credit card that offers users the opportunity to earn 5% cash-back on eligible purchases. This card also does not have an annual fee associated with it, making it particularly attractive for those who value convenience and savings. This article reviews the features of the Citi Custom Cash Card in order to provide an informed opinion about its benefits for consumers.
The first paragraph provides an overview of what this article will review: the benefits of the Citi Custom Cash Card, including its no annual fee feature and 5% cash-back offer. The second paragraph focuses on how these two key elements make this card more attractive than other options available on the market today. Finally, this article looks at other aspects of this card that may be beneficial or detract from its overall appeal.
Overall, this article aims to help potential customers decide if Citi Custom Cash Card is right for them by examining all relevant features carefully and objectively. By exploring both advantages and disadvantages, readers can gain greater insight into whether or not they should choose this particular credit card option as their preferred payment method.
Overview Of The Card
The Citi Custom Cash Card is a payment card that allows users to earn cash-back rewards on all their purchases. This card has no annual fee and offers 5% cash-back rewards on eligible purchases made at supermarkets, drugstores, gas stations, restaurants, select streaming services and mobile phone service providers. The Citi Custom Cash Card also features an introductory APR of 0%, with a variable rate thereafter. Additionally, this card comes with Citibank’s Zero Liability protection which provides coverage against fraudulent charges.
This card is designed for individuals who want to maximize their earning potential while minimizing the cost associated with credit cards. By combining everyday spending opportunities with no annual fee and 5% cash-back reward structure, it’s possible to accumulate significant savings over time through responsible use of the Citi Custom Cash Card.
Eligibility Requirements
The Citi Custom Cash Card is an excellent choice for those who want to make the most of their purchases, as it offers no annual fee and 5% cash back rewards. To take advantage of these benefits, however, there are certain eligibility requirements that applicants must meet in order to be approved. In general, applicants will need to have a good credit history or above average credit score. Additionally, they should also be at least 18 years old and have a valid US address on file.
Applicants must also provide proof of employment status with either one month’s worth of pay stubs or other acceptable forms of income verification. Once all the necessary information has been submitted along with the application form, processing can begin and approval may be granted within minutes. Other criteria such as income level and debt-to-income ratio may also influence whether or not an applicant is accepted into the program.
Rewards And Benefits
The Citi Custom Cash Card is a great option for those looking to maximize their rewards and benefits. It offers no annual fee, 5 % cash-back on eligible purchases, 1% back on all other purchases, as well as exclusive access to discounts and promotions through the Citi Entertainment Program.
In terms of its rewards structure, this card provides a number of advantages:
- No Annual Fee – This means that you can get the most out of your cash-back without having to worry about hidden fees or extra expenses throughout the year.
- 5% Cash-Back on Eligible Purchases – You can earn up to five times more cash-back than with other cards when you use your Citi Custom Cash Card at eligible merchants such as grocery stores, gas stations, and select online retailers.
- 1% Back on All Other Purchases – Even if you don’t make an eligible purchase, you still receive 1% back on every transaction using the card.
- Exclusive Access To Discounts And Promotions Through The Citi Entertainment Program – Get special deals including discounted tickets to concerts and movies by using your card in certain venues or online partners associated with the program.
Overall, the Citi Custom Cash Card provides an excellent way for customers to save money while also taking advantage of unique perks from their favorite places. With no annual fee and generous reward options, it’s easy to see why so many people have opted for this credit card solution over others available today.
Fees And Interest Rates
The Citi Custom Cash Card does not have an annual fee, which is a major advantage for users who want to maximize their rewards. The card also provides five percent cash-back on purchases made in certain categories such as groceries, gas stations and drugstores. In terms of fees and interest rates, the regular APR on this card ranges from 14.99%-24.99% depending on creditworthiness and other factors. Additionally, balance transfers are subject to either a 5% or 3% fee with a minimum of $5. Late payments will incur a penalty up to $40, whereas returned payment charges can range from $25-$35 depending on the amount due. Overall, the Citi Custom Cash Card offers competitive advantages when it comes to its lack of annual fee and generous rewards program; however, potential users should be aware that they could face steep penalties if they fail to pay their balances in full each month or make late payments.
Additional Features
The Citi Custom Cash Card offers many additional features to complement its no annual fee and 5% cash-back benefits. With this card, customers have the opportunity to access exclusive experiences such as entertainment events, travel deals, and special discounts on a variety of products. These experiences are available through the Citi Private Pass Program. In addition, customers can take advantage of Fraud Protection which helps protect them from unauthorized purchases made with their card.
Customers also benefit from the Global Customer Assistance that provides free 24/7 customer service in over 100 countries around the world. This feature allows users to quickly get help when they need it while traveling abroad or making international purchases. Furthermore, they can receive account alerts via text message or email so they always know what is happening with their accounts.
Pros And Cons
The Citi Custom Cash Card offers a number of advantages for users. One major benefit is the lack of an annual fee, allowing cardholders to maximize their cash back rewards without paying for the privilege. Moreover, the 5% cash back rate on eligible purchases makes this card one of the most competitive options in its class when it comes to earning rewards. Furthermore, other features such as access to special discounts and flexible payment options make this card appealing.
However, there are also some downsides associated with using the Citi Custom Cash Card. For example, while the 5% cash-back rate can be attractive, only certain purchases qualify for these higher rates; other purchases may earn lower returns or no reward at all. Additionally, users must pay attention to expiration dates on points earned since any unused points will expire after 12 months from the time they were earned. Finally, while there is no foreign transaction fee, international purchases do not qualify for rewards and have different interest rates than domestic transactions.
Conclusion
The Citi Custom Cash Card offers a range of features that make it an attractive option for those seeking convenience and rewards. It has no annual fee, earns 5% cash-back on purchases at certain merchants, and provides access to exclusive discounts. Eligibility requirements are not prohibitively strict; applicants must be 18 years or older with good credit scores. The card also charges reasonable interest rates and fees, making it even more desirable.
Additional features further enhance the value of this card. Users can track their spending through Citi’s online portal, which allows them to create budgets and set up alerts when they reach predetermined limits. They can also take advantage of extra security measures such as fraud monitoring services and account locks in case of theft or misuse.
Overall, the Citi Custom Cash Card is an extremely appealing choice for anyone looking for a reliable credit card with great reward benefits without having to pay hefty fees and interest rates. Its added features round out its advantages by providing users with added convenience while ensuring their safety and financial health.