Re: CITI Upgrade Offer: Take it or Leave it?

Uncle_Money · ‎08-07-2022

Hey all,

CITI has been relentlessly offering an upgrade from my Double Cash card to the Citi Rewards+ Card. I'm not sure I see the benefits in the product change. The Double Cash card gives me 1 point per $1 spent and 1 point on each $1 paid. I don't see how the Rewards+ Card tops that unless I'm missing something so I'd like to hear some opinions on this.

Take it or leave it?

Thanks,

UM

simplynoir · ‎08-07-2022

There isn't one really so I'd leave it. Maybe if they offered the Custom Cash as an upgrade option there would be some food for thought but not this upgrade offer

ptatohed · ‎08-08-2022

You might consider the R+ card in addition to the DC card but not instead of.

[Until I can make a pretty signature, here’s an updated draft]

Everyday 5% CB:
Chase prime Visa // citi CUSTOM CASH “A” // citi CUSTOM CASH “B” // citi SHOP YOUR WAY (5% gas (in points), lucrative spending offers) // mylowe’s Rewards // Target circle card // primis Perks debit Visa (50c CB per transaction (5% CB or more up to $10 spend))

5% CB rotating:
Chase “OG” freedom Visa // DISCOVER it Cash Back // nusenda CU Platinum Cash Rewards

Everyday 4% CB:
US Bank Smartly (v1.0)

Everyday 3% / 2.2% CB:
AOD FCU Visa Signature (3%, sockdrawered) // upgrade Cash Rewards Elite (2.2%, sockdrawered)

Welcome Offer / credits only:
Chase SAPPHIRE PREFFERED (grabbed my $1,000, sockdrawered, will cancel) // NFCU FLAGSHIP REWARDS (elevated Welcome Offer, annual prime credit, sockdrawered)

Hotel card:
Chase IHG ONE REWARDS PREMIER (elevated Welcome Offer, 1 free night/yr)

On my radar:
Langely FCU Signature Cash Back (5% CB monthly selectable cat) // Safe CU Cash Back+ (Quarterly rotating 5% CB cats plus bonus cats) // upgrade MyFive Cash Rewards (5% CB monthly selectable cat) // US Bank Kroger (and family) World Elite Master Card(s) (5% CB Mobile Wallet)

Anonymous · ‎08-08-2022

@ptatohed wrote:
You might consider the R+ card in addition to the DC card but not instead of.

This. The exception is if you have a huge number of charges that are under $5 each. Rewards+ would give you 10 TYP on these (because it rounds), DC would give you less.

Bill77 · ‎08-08-2022

Same here except they want me to move from my Citi Diamond to Rewards+. I get snail mail and emails all the time trying to get me to move. The irony is the reason I don't switch is because for the past couple of years I've been targeted for outstanding offers on the Diamond. This Q3 quarter it was 5% on travel and Q1 was 5% on everything up to $500. Sometimes they skip a quarter with nothing but it still makes it worth keeping.

UncleB · ‎08-08-2022

The Rewards+ is a rather 'meh' card for most things.

@Anonymous is spot-on about it being useful for small transactions due to the round-up, and it's also good for giving you a 10% bonus when you redeem ThankYou points (earned on any card). If you have other cards such as a Double Cash or Custom Cash, once the ThankYou rewards accounts are linked with a Rewards+ the Double Cash becomes 2.22% cash back, and the Custom Cash category becomes 5.55% (effectively).

The other possible reason to get the Rewards+ card is for the sign-up bonus (which doesn't apply here), and it's usually a PC option if you want to downgrade from a card with an annual fee, which is what I did.

If it was me, I would pass on this so-called "upgrade" offer.

cws-21 · ‎08-08-2022

@simplynoir wrote:
There isn't one really so I'd leave it. Maybe if they offered the Custom Cash as an upgrade option there would be some food for thought but not this upgrade offer

Food for thought only if the OP made groceries or dining the top spend category for the Custom Cash, right @simplynoir?.

simplynoir · ‎08-08-2022

@cws-21 wrote:
@simplynoir wrote:
There isn't one really so I'd leave it. Maybe if they offered the Custom Cash as an upgrade option there would be some food for thought but not this upgrade offer
Food for thought only if the OP made groceries or dining the top spend category for the Custom Cash, right @simplynoir?.

Would depend on what other cards the OP has assuming those categories aren't already covered. Also, the DC card is good for non-category spend so that would have been another consideration if that was on the table

cws-21 · ‎08-08-2022

@simplynoir wrote:
@cws-21 wrote:
@simplynoir wrote:
There isn't one really so I'd leave it. Maybe if they offered the Custom Cash as an upgrade option there would be some food for thought but not this upgrade offer
Food for thought only if the OP made groceries or dining the top spend category for the Custom Cash, right @simplynoir?.
Would depend on what other cards the OP has assuming those categories aren't already covered. Also, the DC card is good for non-category spend so that would have been another consideration if that was on the table

Actually, @simplynoir, I was just having some fun with your "food for thought" comment and my "groceries and dining" comment. Otherwise, you are, of course, correct.

simplynoir · ‎08-08-2022

@cws-21 wrote:
@simplynoir wrote:
@cws-21 wrote:
@simplynoir wrote:
There isn't one really so I'd leave it. Maybe if they offered the Custom Cash as an upgrade option there would be some food for thought but not this upgrade offer
Food for thought only if the OP made groceries or dining the top spend category for the Custom Cash, right @simplynoir?.
Would depend on what other cards the OP has assuming those categories aren't already covered. Also, the DC card is good for non-category spend so that would have been another consideration if that was on the table
Actually, @simplynoir, I was just having some fun with your "food for thought" comment and my "groceries and dining" comment. Otherwise, you are, of course, correct.

Not enough coffee and insomnia are not a good mix for me in the morning 🤦‍♂️😂

CITI Upgrade Offer: Take it or Leave it?

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CITI Upgrade Offer: Take it or Leave it?