Citizens Bank Cash Back Plus Review
Reward rate:
1.8% Cash Back on everything you buy, with no limit on how much you can earn.
- Introductory bonus: N / A
- Annual subscription : $ 0
- Regular APR: 15.99%, 19.99% or 23.99% (variable)
- Recommended credit score: 740-850 (Excellent)
Although not one of the most well-known credit cards, the Citizens Bank Cash Back Plus ™ World Mastercard® is one of our favorites for easy cash back rewards. As well as earning 1.8% cash back on everything you buy, you also get extensive Mastercard benefits, including travel benefits and extended manufacturer warranties, all at no annual fee.
In one look
- 1.8% unlimited cash back on everything you buy
- 0% introductory APR on balance transfers for the first 15 billing cycles, 15.99% to 23.99% APR variable thereafter
- No annual fee
Advantages
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Lump sum cash back on all purchases with unlimited rewards
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15 billing cycle 0% introductory APR on balance transfers
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No annual fee
The inconvenients
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Relatively high APR
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No current cash back bonus categories
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Rewards are slightly lower than other fixed cash back credit cards
Additional card details
This card has no international transaction fees, saving you money every time you spend outside of the United States. Moreover, while you should never spend up to your credit limit, there is no charge for exceeding the limit, giving you peace of mind if you need to use it in an emergency.
In addition to its cash back benefits, there are lesser-known advantages and benefits of credit cards offered by World Mastercard. Cardholders can get extended warranty protection beyond the original manufacturer or store warranty for up to two years, and cell phone protection if you use the Citizens Bank Cash Back Plus World Mastercard to pay. your monthly cell phone bill. Online shoppers can get a free ShopRunner membership, offering free two-day shipping to over 100 stores.
The World Mastercard also offers many travel benefits. Cardholders can take advantage of rental car insurance in the event of collision, loss or damage by paying the full cost of the rental with their card and denying the accidental damage waiver. If an illness, injury or other emergency requires you to change your travel plans, Trip Cancellation and Trip Interruption Insurance can help you recover some of your costs. And Mastercard’s concierge service helps you book luxury properties with hotel upgrades, free meals, and a guaranteed hotel stay.
Should you get this card?
This card is perfect for those who want cash back rewards without having to determine the value of points or worry about when credit card rewards can expire.
The 1.8% Unlimited Reward applies to anything you purchase, without having to worry about tracking bonus categories or activations. You just get consistent, easy-to-understand rewards every time you use the card.
You can also benefit from 0% introductory interest on balance transfers for 15 billing cycles (15.99% to 23.99% variable APR thereafter), helping you pay off existing debt faster. 15 Billing Cycles is one of the longest promotional windows available, giving you plenty of time to pay off your debt.
How to use the Citizens Bank Cash Back Plus World Mastercard
This card is perfect for those who want cash back rewards and travel benefits, without the challenge of determining the value of points or worrying about when credit card rewards can expire.
The first step in maximizing the value of this card is to take advantage of the cash back rewards. No matter where or how much you spend, you’ll earn 1.8% cash back, with no limit, making it a great choice for stores where you don’t have an existing bonus category from another card. For regular use, we calculate the rewards value of the card at $ 238.64 per year.
Getting value from a balance transfer
As with all credit cards, the best way to maximize the benefits of balance transfer is to pay off the balance before your promotion ends and any new purchases before your monthly due date. With a variable starting interest of 15.99%, having a balance can wipe out your rewards very quickly. Plus, you won’t earn any rewards on balance transfers or interest, giving you a good reason to pay them every month on time.
You will be charged the greater of $ 10 or 4% of the balance to complete a balance transfer. Before you transfer the debt to the Citizens Bank Cash Back Plus World Mastercard, do the math to make sure that you will still get the introductory APR value of 0% for 15 billing cycles on balance transfers. Once the promotional period is over, the APR will increase to the same as the expense rate, between 15.99% and 23.99% variable.
Enjoy the benefits of World Mastercard
Another way to maximize the value of Citizens Bank Cash Back Plus is to take advantage of its World Mastercard benefits, which include benefits often reserved for credit cards with annual fees.
You’ll have access to the Mastercard portfolio of luxury hotels and resorts, plus extras like free room upgrades, early check-in, late check-out, and daily breakfast when you book through Mastercard. If you are unhappy with your stay at a 3-star or higher hotel booked through Mastercard Travel & Lifestyle Services, a travel agent will work with the hotel to make matters better or help you find comparable accommodation.
Citizens Bank Cash Back Plus World Mastercard compared to other cards
- Introductory bonus:
N / A
- Annual subscription :
$ 0
- Regular APR:
15.99%, 19.99% or 23.99% (variable)
- Recommended credit:
740-850 (Excellent)
- Learn more On our partner’s secure site
- Introductory bonus:
N / A
- Annual subscription :
$ 0
- Regular APR:
13.99% – 23.99% (Variable)
- Recommended credit:
670-850 (good to excellent)
- Learn more On our partner’s secure site
- Introductory bonus:
- Annual subscription :
$ 0
- Regular APR:
14.99% – 24.74% Variable
- Recommended credit:
670-850 (good to excellent)
- Apply now On the secure Chase site
All information on the Citi Double Cash Card has been independently collected by NextAdvisor and has not been reviewed by the issuer.
Final result
EDITORIAL INDEPENDENCE
As with all of our credit card reviews, our analysis is not influenced by any partnerships or advertising relationships.
For easy-to-understand rewards with no annual fees, plus a few valuable additional perks, the Citizens Bank Cash Back Plus World Mastercard is hard to beat. That’s why it’s our pick for simplicity: use the map wherever you normally go and watch the rewards pile in.
Is the Citizens Bank Cash Back Plus World Mastercard a good credit card?
For the simplicity of the rewards, the Citizens Bank Cash Back Plus World Mastercard is one of the best. You’ll earn 1.8% cash back on almost all of your spending, with no limit to your rewards.
What credit score do you need to get the Citizens Bank Cash Back Plus World Mastercard?
The recommended credit score for getting this card is 740-850, which is an excellent credit score. If you don’t have perfect credit, it would be wise to start rebuilding your credit before thinking about applying.
When can I use my Citizens Bank cash rewards?
You can redeem your Citizens Bank cash rewards once you’ve earned $ 25 by spending. While there is no limit to the amount you can earn, rewards must be redeemed in $ 25 increments.
How do I redeem my Citizens Bank cash rewards?
Credit card statement credits are the easiest way to use Citizen Bank cash rewards. Log into your online credit card account and select the statement credit option. If you have a Citizens Bank personal checking, savings or money market account, you can also request a direct deposit of your cash rewards.