how does the 10% back redemption work on the Citi rewards+?
would having both cards make the Citi custom cash be a 5.5x card?
thanks for the support!
I'm curious about this too. It seems the Rewards+ is only best for gift cards or travel but I'm hoping they can be used in conjunction.
Recent posting about this from @Anonymous.
I'll page him to answer further questions.
This was news to me also.
See the other thread:
Also, a similar discussion from @Anonymous in the mega-Citi Custom Cash Thread:
https://ficoforums.myfico.com/t5/Credit-Cards/Citi-Custom-Cash-Card/m-p/6353578#M1781930
I don't want to link directly to other websites, but a google search turned up blog posts that seem to confirm that the rewards + 10% rebate does apply to points contributed from DoubleCash and Premier. I'm officially intrigued...
The question is how to do it? I haven't used Citi's transfer partners yet, but I like the possibility of converting 30k points to 30k FlyingBlue (KLM) miles and getting 3k points back. But for that you need the Premier (or Prestige). You can only transfer to JetBlue with Rewards+ or DoubleCash, and it isn't 1:1. But if I keep the Premier...where does the R+ come from? I'm not going to PC the Custom Cash that I just got. Which leaves DC...
Option 1: R+/CC/Premier = 5.55% on Groceries up to $6k, then 3.33%. 3.33% on Restaurants, Travel, and Gas. Plus the Premier benefits (no FTF, transfer partners, bonus on $500 hotel stays). Good earn rates and benefits, but 1.11% on non-category spending really puts a ceiling on how many points you could get in a year. And the R+ does absolutely nothing in this trio beyond the 10% rebate. So maybe the Premier goes?
Option 2: R+/CC/DC = 5.55% on Groceries up to $6k, then 2.22% on everything else. Plus some extra round-up points with the R+, which are easiest to trigger simply by not stopping on round numbers at the gas pump. Put $21 or $31 in gas instead of $20 or $30. This trio eliminates the $95 annual fee, but also eliminates transferring points to airlines, and each of these three have a foreign trans. fee. If I travel outside the US, this trio goes in the sock drawer.
I know . . . there's an option #3...app for the R+, and carry 4 Citi cards. But I'd rather not do that right now. My credit profile is on an upswing, and as cool as the 10% R+ rebate is, there will be bigger prizes than Rewards+ when I do get out of the garden. Adding an R+ this summer would add another few months until I'm back under 5/24. Leaning towards option 2, but I may wait until other folks start confirming that the 10% rebate really does work with Custom Cash, and not just DC and Premier/Prestige. I don't see why it wouldn't...but this is Citi. Unnecessarily complex rules are kind of their thing...