1. Rewards Structure: The Citi Rewards+® Card operates on a points-based rewards system. Cardholders earn points on every purchase, with a notable feature of rounding up points to the nearest 10 on each transaction. This distinctive feature ensures that even minor purchases contribute meaningfully to the overall rewards balance.
2. Sign-Up Bonus: New cardholders often enjoy a welcome bonus after reaching a specified spending threshold within the initial months. This bonus injection provides an immediate boost to the rewards balance, making the card attractive for those looking to capitalize on early benefits.
3. Round-Up Feature: One of the card’s standout features is the round-up function. Every purchase is rounded up to the nearest 10 points, enhancing the efficiency of point accumulation. This is particularly advantageous for those who make frequent small transactions, turning everyday spending into valuable rewards.
4. Introductory APR: The Citi Rewards+® Card may offer an introductory period with a 0% APR on purchases and balance transfers. This feature can be beneficial for individuals looking to make significant purchases or transfer existing balances without incurring interest charges during the introductory period.
5. Points Redemption Options: Accumulated points can be redeemed for a variety of rewards, including travel, gift cards, merchandise, and statement credits. The flexibility in redemption options caters to different preferences, allowing cardholders to tailor their rewards to suit their needs.