Citi Custom Cash Card Review: Card Pricing and Benefits
Key Points:
Custom cash is a special cash-back reward credit card by Citibank. APR : 19.24% – 29.24% Annual Charges : $0 Late Charges : Up to $41 Service Fees : $0 MasterCard Liability Protection : $0 Maximum Limit : $6000 Cash Advance Fees : $10 or 5% of the amount.
Citibank launched a fuss-free, high cashback card for people who want to earn lucrative rewards and cashback on their everyday purchases without having to do much work.
Whether it is LL Bean MasterCard , or this one, CitiBank always strives to give the best to its customers with all its products.
So if you are someone looking for a cashback card, the Citicash card can be the right option for you. Read this Citi custom cash card review till the end to know more.
About Citibank Custom Cash Credit Card This Citi custom cash card is one of the best in the field when it comes to cashback cards. It gives 5% cash back for transfers in the eligible categories and 1% cash back with bonus points for all purchases made.
It offers personalized tools to track spending habits during every billing cycle and automatically adjust the rewards accordingly. On top of that, the company does not charge any annual fees. Isn’t it an excellent way to earn rewards?
Now that you’re introduced to the card, let’s move ahead and learn all the fundamentals of it.
New Citibank Custom Cash Card: Pros and Cons Even though this card comes with many cash-back benefits, it still has some downsides. Let’s discuss all the positives and negatives here.
Pros Cons Up to 5% cashback. It has a monthly spending limit of $500 for the bonus category. Bonus cash back automatically applies to the highest eligible spending category. Customers can only claim one category at a time for extra rewards. 15 months of 0% promotional APR for purchases and balance transfers. The card charges foreign transaction fees. There is no annual fee.
These are the pros and cons of this card; if you want to learn more, see the features and benefits listed in the following section.
Citibank Custom Cash Card Features and Benefits This custom card by Citibank is known for giving lofty benefits to cardholders. These are the perks that you can enjoy:
5% Cash Back Rewards For purchases made in your top eligible spend category, you will automatically receive 5% cash back each billing cycle, up to the first $500 spent (after which, you will receive 1% cash back). You are not required to register for any promotions or select a category in advance. With the Citi Custom Cash Card, you can take advantage of this bonus offer and earn at least $300 in cash back annually.
The eligible categories are as follows:
Drugstores
Fitness clubs
Gas stations
Grocery stores
Home improvement stores
Live entertainment
Restaurants
Select streaming services
Select travel arrangements
Welcome Bonus Upon spending $1,500 on purchases within the first six months of opening an account, new cardholders will receive $200 cashback (this bonus offer will be fulfilled as 20,000 ThankYou Points , which can be redeemed for $200 cash back). You may exchange these rewards for a check sent to your address, a direct deposit into your bank account, or a credit on your statement.
MasterCard Protection Citi Custom Cash offers an array of Mastercard advantages. The following are some of the greatest benefits available with this Mastercard tier:
Insurance against travel accidents.
Insurance for misplaced luggage.
Access to the World Elite Concierge.
Safeguarding of cellphones.
Free ShopRunner membership; Hertz and Sixt car rental discounts and benefits; Mastercard Hotel Stay Guarantee and Lowest Hotel Rate Guarantee.
Online Shopping Benefits Use your ThankYou points to partially or fully defray the cost of your purchases when making purchases on Amazon.com. By integrating your Citi Custom Cash Card with your Amazon payment options, you can link your accounts. Choose your card at the checkout counter and enter the number of points you wish to apply to your purchase.
Not just that, you can also take advantage of free credit score access, contactless pay, and automatic account alerts with this card. Now that we have covered the benefits, let us move on to the important topic of card pricing.
Citibank Cash Card: Fees and Other Charges It is crucial to know the interest rates, annual fees, and all other card pricing to get a complete overview of the card. It also helps to determine whether it is within one’s budget.
Annual Fees : $0Intro APR : 0 for initial 15 months.Regular APR : 19.24%—29.24%Balance Transfer Fees : 0 for the initial 15 months, $5 or 5% of the amount after that.Welcome Bonus : Cashback of $200 upon spending $1500 within the first 6 months. Customers get the cashback in the form of 20,000 ThankYou Points, which can then be redeemed as $200.
So, these are the card fundamentals that set it apart from other cards. Moving ahead, let’s take a look at how this card works in the next section.
How Does the Citi Custom Cash Card Work? This card works on the formula: Spend – Earn – Redeem
Cardholders must use the custom cash card for every purchase. This will let you earn 5% cash back on eligible categories and 1% cash back on every transaction. You will also get points for the money spent, which can be redeemed as statement credit, direct deposit, check, gift card, or travel and shopping points on Amazon.com.
How to Apply for a Citibank Custom Cash Credit Card? What we like best about CitiBank’s Custom Cash Card is the simple and easy application process, which is similar to the Wayfair credit card . These are the steps you need to follow to apply for the new card:
First, go to the CitiBank website
Now, click on the Credit Cards option.
Here, you’ll see all the Citi-issued cards; scroll down to the Custom Cash Card .
Now click on Apply Now button , and you’ll be redirected to the application form.
Enter the following details in the given field:
First name
Last name
Social Security Number
Date of Birth
Choose Yes or Not for: Are you a US citizen?
Address
ZIP Code
City
State
Now, fill in the following details in the given boxes:
Mobile number
Email address
Total annual income
Monthly Mortgage or Rent payment
Create one Security word by selecting the hint.
Read the terms and conditions carefully.
Tick I agree to the terms and conditions boxes.
Lastly, click on the Agree and Submit button.
The company will then review your application and inform you about the status of your registered email address.
So this is how you can get the best Citibank custom cash back card easily.
Citi Custom Cash Credit Card Customer Service Contact Info .The company has a dedicated team of experts who are always eager to solve customers’ issues. So, whether you want to know more about the fees or need assistance in the application process, reach out to the customer support team.
General Support for Citi Cards : 1-800-950-5114Lost/Stolen : 1-800-347-4934Email Address : P.O. BOX 9001037
The helpdesk provides 24/7 support, so reach out to them with your query, and they will revert as soon as possible.
Is Citi Custom Cash Credit Card the Right One for You? People who lead a busy life and do not have much time to look over every credit card benefit and claim the offers can get this card. They can get rewards and cash back on all their purchases and transfers.
Moreover, people who do not prefer to pay annual maintenance charges and require extra time to pay off debts must go with this one.
Who Shouldn’t Get a CitiBank Custom Cash Card? People who are active with credit card transactions must go for a card offering big rewards and offers. This CitiBank card may not be for you because it only offers 5% cash back on one eligible category and has a $500 bonus. As a result, high-spending customers must select a card with unlimited reward potential.
Other Cards Similar to Citibank Custom Card Credit Card If you’re not sure about the new Citibank custom cash card, check out the other cards offering similar benefits.
Tomo Card
These cards are designed by Tomocredit especially for people to build and establish good CIBIL scores. The company does not ask for hard credit checks and has minimal documentation. It reports to three major credit bureaus and has simple eligibility criteria.
There are no annual maintenance charges, no APR, and no credit score requirement for this one. Moreover, you can earn 1% cashback on every purchase. Read our Tomo card review to learn about all the features in detail.
Cred.ai Card
These credit cards are offered along with a savings account and have AI-driven features that outperform their competitors. You can get access to your direct deposit early, high-security protection, and tools to manage transactions. Cred.ai gives access to 55,000+ fee-free ATMs.
It does not have any annual fees, balance transfer fees, foreign transaction fees, or cash advance fees. For more detailed information, check out our Cred.ai review .
Ollo Credit Card
This MasterCard network card is another great option to pick. You can get 2% cash back on every purchase, an automatic increase in your line of credit, and zero fraud liability protection at $0.
The Ollo credit card has no over-limit, return payment, or foreign transaction fees. Moreover, it also offers tools to check FICO scores online for free without hampering the score.
So these are the other cards you can choose if you are not particularly interested in cash-back cards. However, given the fact that it is simple to use and does not require work for bonuses, we would still vouch for the best Citi custom cash card.
We hope this review will help you make the right financial choice. Share this blog with your friends and make sure to read all the documents carefully.
Read Next: SoFi Bank Reviews 2024: Financial Products and High Yield Savings
Frequently Asked Questions
Ans: The maximum limit of spending is $6000.
Ans: No, according to the bank policy, customers can only have one card.
Ans: Citibank charges late fees of $41.
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