What is the Citi Dividend Card?
The Citi Dividend Card is a rewards card offered by Citi Bank that offers cash back on purchases made using the card. Cardholders can earn up to 5% cash back in rotating categories, up to 2% cash back at select grocery stores, and 1% cash back on all other purchases. Additionally, the card offers a 0% introductory APR on balance transfers and purchases for the first 15 months from account opening.
What are the Citi Dividend Card Categories for 2023?
The Citi Dividend Card Categories for 2023 offer cardholders the opportunity to earn 5% cash back on their purchases in the following categories: gas stations, drug stores, home improvement stores, select streaming services, and select travel websites. Cardholders will also earn 2% cash back when they shop at select grocery stores and 1% cash back on all other purchases. Additionally, cardholders can take advantage of the 0% introductory APR on balance transfers and purchases for the first 15 months from account opening.
How to Maximize Cash Back Rewards with the Citi Dividend Card?
Cardholders can maximize their cash back rewards with the Citi Dividend Card by taking advantage of the 5% cash back in rotating categories. Additionally, they can also make sure to use their card when shopping at select grocery stores and when booking travel on select websites to take advantage of the 2% and 5% cash back categories. Furthermore, cardholders should take advantage of the 0% introductory APR on balance transfers and purchases for the first 15 months from account opening.
How to Redeem Cash Back Rewards with the Citi Dividend Card?
Cardholders can redeem their cash back rewards with the Citi Dividend Card by logging into their account and selecting the “Redeem Rewards” option. From there, they can choose to redeem their rewards for cash back or gift cards. Additionally, cardholders can also redeem their rewards for travel, merchandise, and experiences. Furthermore, cardholders can also link their rewards to their ThankYou account and use their rewards on purchases at select retailers.
What are the Benefits of the Citi Dividend Card?
The Citi Dividend Card offers cardholders a variety of benefits including cash back rewards, no annual fee, 0% introductory APR on balance transfers and purchases for 15 months, and the ability to redeem their rewards for cash back, gift cards, travel, and more. Additionally, cardholders can also take advantage of the Citi Price Rewind, which searches for a lower price on eligible purchases and refunds the difference if a lower price is found within 60 days.
What are the Drawbacks of the Citi Dividend Card?
The Citi Dividend Card does have a few drawbacks. First and foremost, the card does have a foreign transaction fee of 3%, so it is not the best option for international travel. Additionally, the card does not offer any sign-up bonus or any additional rewards for spending a certain amount within the first few months of opening the account. Furthermore, the 5% cash back rewards are limited to rotating categories, so cardholders will have to keep an eye on their account to make sure they are taking advantage of the rewards.
Conclusion
The Citi Dividend Card offers cardholders a variety of benefits, including cash back rewards, no annual fee, and 0% introductory APR for 15 months. The card does have a few drawbacks, such as a foreign transaction fee and no sign-up bonus, but overall it is a great card for those who are looking to earn cash back rewards on their purchases. With its rotating categories, cardholders can maximize their rewards by taking advantage of the 5% cash back categories.