Thanks for watching everyone! Give this video a LIKE if you found it interesting and be sure to check out my entire playlist on awesome credit card trifecta setups! czcams.com/play/PLscTZuOqKWIyZ0Z4XAcF2y06mq7x_-xwx.html
Seems like a neat card, but the complexity of the point structure is difficult of maximize. If you make only $1 purchases then your golden, but I’m sure most people won’t have that type of charge on their card often.
This is a good small purchase card for gas stations and places where you make small purchases. I happen to go to the Barnes and Noble Café a lot, I may buy a cup of tea or a cookie with this card quite frquently.
Way late but another cool thing about this card would be buying a transit ticket with the card. CTA here in Chicago is $2.50, so 4x for transit is pretty good. Although a monthly transit pass wouldn’t work.
I have no interest in annual fees and no interest in travel. I have the Rewards+, Double Cash, and Custom Cash. They are all linked. So, my DC is essentially a 2.22% Cash Back card and my CC is a 5.55% card, for up to $100 per year. I also use my R+ for anything under $2 which is not uncommon since my wife likes the 99c large iced coffees in the McD app. :) Those dimes add up. ;)
Hi! I’m actually thinking about doing this exact same thing, but what do you mean that it only works for up to $100 per year? Can you only round up to the nearest 10 points on the Double Cash and Custom Cash for up to $100 worth of purchases?
@@jacobcapaldo1204 No, up to $1,000 in cash back spend can get the 10% boost (so $100 extra per year) but round to the nearest 10c on purchases is not limited. Does that make sense?
I have a $500 doctor bill. I use the Citi Rewards card to pay $1.00 per day towards that bill. Keeps it out of collections and gets me a 10x multiplier with each $1 payment. Just about everyone has a doctor bill.
2 questions ... (a) are you able to pay your medical bills online without a fee? [I am not able to as far as I know, and we have a lot!] and (b) so that would be 5,000 points ... $50 cash value if used on giftcards ($62.50 in portal). Is that worth doing every day for a year and a half for $50 or $62.50? I do appreciate your knowledge, as I recall you had the comment that kind of "triggered" this video!
Dugroz Reports I pay it online. my doctor office does not charge a fee. That doesn’t mean yours won’t. If they don’t then it makes sense. It’s the best way I have found to maximize that 10x category. Whether or not it’s worth doing depends on how fast you want those points. I have 200k points, so I’m in no rush to stock up quickly on points. If you’re trying to get points quickly then maybe a Citi double cash would be a good card to use.
I kind of covered this in the video, but if you did this for 365 days, you would net make about $30 in value over the year. To me, that just doesn't seem worth the effort and time. You also risk getting shut down by Citi if they view this as abuse of their rewards system.
Jake Broe fair enough, good point ! But paying $1 per day to avoid collections at no interest, also gives you control over your finances. Sometimes control is just as important as the rewards themselves
Hello Jake. I enjoy your videos a lot. Thank you for taking the time to explain all the credit card world game. I have the double cash, Simplicity and preferred card. I qualified for an upgrade to a different card, I'm trying to get rid of my Simplicity. Which card would be a great combination with my current cards. Im looking for rewards. Thanks
Hey A-Rod! You already have the best card from Citi which is the doublecash. The only thing I think might be worth it is if you are already a Costco member and would want to product change your card to the Costco Visa, which is a great card in my opinion if you already pay for a costco membership. Cheers!
Basically, use this card on purchases os less than $5 in order to beat the Citi Double Cash card. I don't really think that this card is that good, but I already have the Citi Thankyou card, and I can turn in it into the Rewards+, so I can at least use it when I make small purchases. In the end, I'm just going to get a couple of dollars back at the end of the year, but at least this'll keep my neurons working and it'll stop dementia from hitting my life in forty years from now. Thanks for the video.
Yesterday I applied and got approved. I spend roughly a month $1,120 on groceries and roughly $460 a month on fuel. Not including restaurants and other small expenses. Any tips on this new card I will be receiving? Thanks 👍
Hi dear, just found you today. I have a question..back in 2002-2005 I worked for Sears then Citibank purchased Sears. I was a call center cust svc rep. for Citibank. When first hired at Sears call center, I had to give fingerprints, no big deal. Once Citibank purchased Sears they built a huge new building & since I live in a State that hardly paid us minimum, so much of their operations were xferred to our new location. Now, here's the kicker! In order to get into new building, our badges were no longer used to verify ourselves, instead, we were REQUIRED to give retinal scans of both eyes, if we didn't, we would no longer have a job. So, I had to do it. Once I quit, I was ok with the FBI or whomever they sent the fingerprints to for life, but I'm still very uncomfortable about them having my retinol scans on file God knows where! Now, I do understand eye doctors are using scans as well, I don't like that but, what can you do? So, I called Citi Corp, tried to talk to someone several times asking them how I can have those scans deleted. As you can imagine, no anwers, no call backs,nothing. I'm not a paranoid person but I do not feel it's fair for them to keep our info., nor will they tell me where & who still has them. Please delete or hide this Jake, when I typed a search regarding this your site came up..sorry about unloading this on you but am still looking for answers. I'm not a criminal, just would like to know where they are? Your site is very informative, I'm just grateful to not work there any longer for they treated us like slave labor--just horrible--if we didn't offer Rewards or up to 3 other programs that came up on the acct-we'd get a zero for that call..3 calls with a zero got you fired--FACTS! Luckily, I followed all the rules--was never fired but would never ever work for another call center again. Please feel free to delete, just again looking for answers! Take care & Stay well!!!!
You know, Paul, I have been changing that window tapestry every video for the last 6 months and you are the first person to say ANYTHING about it. Congrats, you win, haha.
If people are using this for fast food they would get a better return using the oxygen debit card since you get $1 off a $3 purchase...but you can only use that deal every 24 hours
Wait, what? Only 1/2 cent per point when redeeming for cash? I didn't see that nasty detail! Could you point me to the document that states this? I was thinking of adding this to my Double Cash and Custom Cash to get the 10% redemption bonus.
I keep looking at this card because I buy lunch at work and A snack at my other job I go through about 3 transactions five days a week all adding up to about five dollars
Great video! I didnt have any knowledge of this card before. Quick question (feel free not to answer if you dont want it public) - If you don't mind sharing, what is your average engagement time (% of video watched), and how do you recommend increasing that time?
My engagement time is currently 6:25 over the last 28 days. My videos are always in the 40% ~ 50% retention range. I acknowledge my channel is currently doing very well, but I had to make and upload 30 videos before i hit 100 subscribers. For new channels... you just have to keep making content. You naturally will get better as you practice filming and editing yourself. If you improve, the views and subscribers will just come naturally after a couple months.
I have few strange cards in mind on which i think you may wanna look into and so do one separate videos for PNC CASH REWARDS, HSBC Cash Rewards Mastercard and Discover Business
Sure, if you don't want the bonus on any other citi cards for the next 24 months and you don't mind the hard inquiry and it counting against your 5/24 status. It's a no annual fee card, so someday I'll get it too, lol.
@@JakeBroe I currently don't have a Citi card and would probably get the double cash first. I only just got my first Chase card (co branded with Southwest for the introductory offer). Your work has been very helpful and I like the videos.
I thought it was pretty obvious what this card would be good for: < $1 beats a 10% card < $2 beats a 5% card < $3 beats a 3% card < $5 beats a 2% card < $6 beats a 1.5% card
Please do a review of the Alliant cash back visa signature card. It pays 2.5% back and looks great for large spenders. I don’t hear about it much, I guess because maybe they don’t pay large referral bonuses.
Great video. So could I downgrade my Citi premier card to this to protect my points that i stashed up on my premier, and then when i want to use them for transfer partners, upgrade back to the premier and combine all those points?
Yeah, I suppose you could do this. You need to hold on to the premier at least one year and pay the annual fee, otherwise you could lose a sign up bonus.
I got the ad in the mail and it doesn't say anything about having to link accounts in order to get that 10 percent back on 100,000 points per year. so basically if i get $1000 rewards and spend my rewards they will give me an additional $100 in rewards?
I was just offered a rewards credit card from Citi, I haven't had the best experience with them as far as a primary bank but haven't had too many issues CC wise, & I don't see the point of really getting another CC without any real benefits.. Should I sit this one out & see what else comes along or jump on it?
Jake what's up? i have the Citi simplicity credit card from 01/01/2014 credit limit $21,500 and citi send me a request to switch to Citi Rewards+, what you Think about this i have until march to cancel offer
Obviously I'm not Jake, however, I was in a similar situation with Citi last year. I had the citi simplicity as a starter card many years ago which had grown to a limit of about 10K and didn't want to just close it or leave it idle for too long since there's no value toit unless you need to carry a balance. So I actually called Citi product changed my Simplicity --> Rewards + card; this was back in Oct/Nov '19. To this point as Jake mentioned, the Rewards + best value is for small purchases (
The Citi Simplicity card does not appear to earn any rewards when you use it, so I definitely think you should product change. The Rewards+ has no annual fee, so it is a keeper card. It also has a static ability earning you 10% points back if you ever try and redeem Citi ThankYou Points with any other card.
That is what I am told by Citi. Their official policy is they only waive annual fees for people who held cards before going active. But I've had servicemembers tell me they have gotten fees waived on cards after applying. I personally am just going to stick to AmEx, Chase, and US Bank.
Does anybody know when the 10% rebate would actually show up after a redemption? I did a redemption shortly after converting an old Citi TY Preferred card to the R+ and linked to Citi Premier, but before I got the actual R+ card to activate. No redemption rebate yet and statement has already posted from that period (early 1/2020) . maybe it was just too soon. Much appreciated!
I unfortunately do not have any of these cards. If nobody else here can answer that, I recommend you logging on to Citi's website and getting on the live chat with a rep to make sure you processed everything correctly.
Citi bank is horrible , they approve purchases while the card is locked, dispute department is very unprofessional, they blame always the customer., citi sides to the merchants even if it is fraudulent charge.
I had this card for almost 8 years and it sucks, ite my oldest card. There is no point to get this card so save your credit score. Get the chase marriot boundless instead, yes its $95 a year but if your into hotels then this card is the best. Google it
Yep! The Chase card is a solid hotel keeper card. This Citi cards is just unusual, which is why I think it is interesting. But I would never apply for this card either. Cheers!
Thanks for watching everyone! Give this video a LIKE if you found it interesting and be sure to check out my entire playlist on awesome credit card trifecta setups! czcams.com/play/PLscTZuOqKWIyZ0Z4XAcF2y06mq7x_-xwx.html
Seems like a neat card, but the complexity of the point structure is difficult of maximize. If you make only $1 purchases then your golden, but I’m sure most people won’t have that type of charge on their card often.
Yeah, i would have to go out of my way to make purchases that small. Not worth it.
There are vending machines - many of which don't even take cash anymore.
How about those who buy a lot of apps or in-app purchases? Most are under $10
You provide the best hypothetical and theoretical examples. well done
Thanks Kevin! I appreciate that!
This is a good small purchase card for gas stations and places where you make small purchases. I happen to go to the Barnes and Noble Café a lot, I may buy a cup of tea or a cookie with this card quite frquently.
Way late but another cool thing about this card would be buying a transit ticket with the card. CTA here in Chicago is $2.50, so 4x for transit is pretty good. Although a monthly transit pass wouldn’t work.
I have no interest in annual fees and no interest in travel. I have the Rewards+, Double Cash, and Custom Cash. They are all linked. So, my DC is essentially a 2.22% Cash Back card and my CC is a 5.55% card, for up to $100 per year. I also use my R+ for anything under $2 which is not uncommon since my wife likes the 99c large iced coffees in the McD app. :) Those dimes add up. ;)
Hi! I’m actually thinking about doing this exact same thing, but what do you mean that it only works for up to $100 per year? Can you only round up to the nearest 10 points on the Double Cash and Custom Cash for up to $100 worth of purchases?
@@jacobcapaldo1204 No, up to $1,000 in cash back spend can get the 10% boost (so $100 extra per year) but round to the nearest 10c on purchases is not limited. Does that make sense?
I have a $500 doctor bill. I use the Citi Rewards card to pay $1.00 per day towards that bill. Keeps it out of collections and gets me a 10x multiplier with each $1 payment.
Just about everyone has a doctor bill.
2 questions ... (a) are you able to pay your medical bills online without a fee? [I am not able to as far as I know, and we have a lot!] and (b) so that would be 5,000 points ... $50 cash value if used on giftcards ($62.50 in portal). Is that worth doing every day for a year and a half for $50 or $62.50? I do appreciate your knowledge, as I recall you had the comment that kind of "triggered" this video!
Dugroz Reports I pay it online. my doctor office does not charge a fee. That doesn’t mean yours won’t. If they don’t then it makes sense. It’s the best way I have found to maximize that 10x category. Whether or not it’s worth doing depends on how fast you want those points. I have 200k points, so I’m in no rush to stock up quickly on points. If you’re trying to get points quickly then maybe a Citi double cash would be a good card to use.
I kind of covered this in the video, but if you did this for 365 days, you would net make about $30 in value over the year. To me, that just doesn't seem worth the effort and time. You also risk getting shut down by Citi if they view this as abuse of their rewards system.
Jake Broe agreed. The freak value in this card is in the 10% points rebate
Jake Broe fair enough, good point ! But paying $1 per day to avoid collections at no interest, also gives you control over your finances. Sometimes control is just as important as the rewards themselves
I use on small transactions. I also use my points to make a mortgage payment and it gets the 10% boost as well
I'm curious which mortgage company allows for credit card payments? Thanks!
Hello Jake. I enjoy your videos a lot. Thank you for taking the time to explain all the credit card world game. I have the double cash, Simplicity and preferred card. I qualified for an upgrade to a different card, I'm trying to get rid of my Simplicity. Which card would be a great combination with my current cards. Im looking for rewards. Thanks
Hey A-Rod! You already have the best card from Citi which is the doublecash. The only thing I think might be worth it is if you are already a Costco member and would want to product change your card to the Costco Visa, which is a great card in my opinion if you already pay for a costco membership. Cheers!
Great video love the breakdown on the points well detailed! I also see AMEX partnered up with credit One for an AMEX card.
Thanks Shay! I'll have to check that card out!
Citi now introducing...the candy bar credit card!
Thanks for the math on this one. It is an interesting card indeed.
Haha, I like the idea of a candy credit card. A card that automatically declines you on purchases over $2, lol.
Only watching this because my citi diamond card had an offer to be converted to this specific card, honestly not bad considering its a free upgrade
Great analysis Jake.
Agreed! Jake is a hidden gem on CZcams when it comes to the credit card game. Hoping I can follow his lead as well!
Thanks T/E/C! I look forward to our next car ride together. ^_^
@@JakeBroe Sounds good.
Basically, use this card on purchases os less than $5 in order to beat the Citi Double Cash card. I don't really think that this card is that good, but I already have the Citi Thankyou card, and I can turn in it into the Rewards+, so I can at least use it when I make small purchases. In the end, I'm just going to get a couple of dollars back at the end of the year, but at least this'll keep my neurons working and it'll stop dementia from hitting my life in forty years from now. Thanks for the video.
You got the right idea! I personally just enjoy weird credit cards so I thought this design was fun. Cheers!
Yesterday I applied and got approved. I spend roughly a month $1,120 on groceries and roughly $460 a month on fuel. Not including restaurants and other small expenses. Any tips on this new card I will be receiving? Thanks 👍
Very good content! You are one of my top 3 favorite credit card youtubers.
Thanks so much! That is high praise and I will keep working hard to put out useful content!
Hi dear, just found you today. I have a question..back in 2002-2005 I worked for Sears then Citibank purchased Sears. I was a call center cust svc rep. for Citibank. When first hired at Sears call center, I had to give fingerprints, no big deal. Once Citibank purchased Sears they built a huge new building & since I live in a State that hardly paid us minimum, so much of their operations were xferred to our new location. Now, here's the kicker! In order to get into new building, our badges were no longer used to verify ourselves, instead, we were REQUIRED to give retinal scans of both eyes, if we didn't, we would no longer have a job. So, I had to do it. Once I quit, I was ok with the FBI or whomever they sent the fingerprints to for life, but I'm still very uncomfortable about them having my retinol scans on file God knows where! Now, I do understand eye doctors are using scans as well, I don't like that but, what can you do? So, I called Citi Corp, tried to talk to someone several times asking them how I can have those scans deleted. As you can imagine, no anwers, no call backs,nothing. I'm not a paranoid person but I do not feel it's fair for them to keep our info., nor will they tell me where & who still has them. Please delete or hide this Jake, when I typed a search regarding this your site came up..sorry about unloading this on you but am still looking for answers. I'm not a criminal, just would like to know where they are? Your site is very informative, I'm just grateful to not work there any longer for they treated us like slave labor--just horrible--if we didn't offer Rewards or up to 3 other programs that came up on the acct-we'd get a zero for that call..3 calls with a zero got you fired--FACTS! Luckily, I followed all the rules--was never fired but would never ever work for another call center again. Please feel free to delete, just again looking for answers! Take care & Stay well!!!!
funny to watch your Ukraine videos, and find out your know my hobby of credit card churning
Thanks for the math and the citi bonus warning
Yeah, the 24 month bonus clock is annoying.
Are you going cash back or points when purchasing all those different window coverings?
Great question, i like the different window covers!!!
You know, Paul, I have been changing that window tapestry every video for the last 6 months and you are the first person to say ANYTHING about it. Congrats, you win, haha.
If people are using this for fast food they would get a better return using the oxygen debit card since you get $1 off a $3 purchase...but you can only use that deal every 24 hours
This is the one card I get offers for almost every other week, and all the offers go into my recycling trash bin.
I never get any offers... I wonder why, haha
Wait, what? Only 1/2 cent per point when redeeming for cash? I didn't see that nasty detail! Could you point me to the document that states this? I was thinking of adding this to my Double Cash and Custom Cash to get the 10% redemption bonus.
I keep looking at this card because I buy lunch at work and A snack at my other job I go through about 3 transactions five days a week all adding up to about five dollars
It's a no annual fee card, there is no harm in getting it. If you make lots of under $5 transactions, then it is better than the citi doublecash card.
thank you. this card is so confusing.
Great video! I didnt have any knowledge of this card before. Quick question (feel free not to answer if you dont want it public) - If you don't mind sharing, what is your average engagement time (% of video watched), and how do you recommend increasing that time?
My engagement time is currently 6:25 over the last 28 days. My videos are always in the 40% ~ 50% retention range. I acknowledge my channel is currently doing very well, but I had to make and upload 30 videos before i hit 100 subscribers. For new channels... you just have to keep making content. You naturally will get better as you practice filming and editing yourself. If you improve, the views and subscribers will just come naturally after a couple months.
I have few strange cards in mind on which i think you may wanna look into and so do one separate videos for PNC CASH REWARDS, HSBC Cash Rewards Mastercard and Discover Business
I will take a look at them! Cheers!
@@JakeBroe Thank you in advance!
The PNC Cash Rewards was my starter card. I rather like PNC bank and still use the card largely for the gas bonus.
So this is a vending machine card at work? Might be a good way to earn some points.
Sure, if you don't want the bonus on any other citi cards for the next 24 months and you don't mind the hard inquiry and it counting against your 5/24 status. It's a no annual fee card, so someday I'll get it too, lol.
@@JakeBroe I currently don't have a Citi card and would probably get the double cash first. I only just got my first Chase card (co branded with Southwest for the introductory offer). Your work has been very helpful and I like the videos.
I thought it was pretty obvious what this card would be good for:
< $1 beats a 10% card
< $2 beats a 5% card
< $3 beats a 3% card
< $5 beats a 2% card
< $6 beats a 1.5% card
Oh neat! My sub-comment makes a brief on-screen cameo at 0:25!!! :)
Haha, I thought about cropping it out... and was like, nah. Maybe he will see it, lol
Nah, go ahead and make me a little bit famous!!!! :) :) :)
thanks for the video
You are very welcome Big Cee!
Please do a review of the Alliant cash back visa signature card. It pays 2.5% back and looks great for large spenders. I don’t hear about it much, I guess because maybe they don’t pay large referral bonuses.
Hey Steven, check my channel. I just uploaded a video on the Alliant cash back card!
Great video. So could I downgrade my Citi premier card to this to protect my points that i stashed up on my premier, and then when i want to use them for transfer partners, upgrade back to the premier and combine all those points?
Yeah, I suppose you could do this. You need to hold on to the premier at least one year and pay the annual fee, otherwise you could lose a sign up bonus.
I got the ad in the mail and it doesn't say anything about having to link accounts in order to get that 10 percent back on 100,000 points per year. so basically if i get $1000 rewards and spend my rewards they will give me an additional $100 in rewards?
I was just offered a rewards credit card from Citi, I haven't had the best experience with them as far as a primary bank but haven't had too many issues CC wise, & I don't see the point of really getting another CC without any real benefits.. Should I sit this one out & see what else comes along or jump on it?
Lots of other better offers and cards right now... maybe pass Jerrod!
$30 a week on gas lol the good old days. Now it's $300 a week on gas.
Who is Linda walker?
Nice
Cheers!
What if I have a citi double back card for 2 months & apply for this card like next two months will it be a bad move ?
Jake what's up? i have the Citi simplicity credit card from 01/01/2014 credit limit $21,500 and citi send me a request to switch to Citi Rewards+, what you Think about this i have until march to cancel offer
Obviously I'm not Jake, however, I was in a similar situation with Citi last year. I had the citi simplicity as a starter card many years ago which had grown to a limit of about 10K and didn't want to just close it or leave it idle for too long since there's no value toit unless you need to carry a balance. So I actually called Citi product changed my Simplicity --> Rewards + card; this was back in Oct/Nov '19. To this point as Jake mentioned, the Rewards + best value is for small purchases (
The Citi Simplicity card does not appear to earn any rewards when you use it, so I definitely think you should product change. The Rewards+ has no annual fee, so it is a keeper card. It also has a static ability earning you 10% points back if you ever try and redeem Citi ThankYou Points with any other card.
Does Citi waive annual fees? I’ve heard that they only do for cards you held before going active
That is what I am told by Citi. Their official policy is they only waive annual fees for people who held cards before going active. But I've had servicemembers tell me they have gotten fees waived on cards after applying. I personally am just going to stick to AmEx, Chase, and US Bank.
Jake Broe When I get to Citi Cards after AMEX I’ll get you a data point on this 👍
Does anybody know when the 10% rebate would actually show up after a redemption? I did a redemption shortly after converting an old Citi TY Preferred card to the R+ and linked to Citi Premier, but before I got the actual R+ card to activate. No redemption rebate yet and statement has already posted from that period (early 1/2020) . maybe it was just too soon. Much appreciated!
I unfortunately do not have any of these cards. If nobody else here can answer that, I recommend you logging on to Citi's website and getting on the live chat with a rep to make sure you processed everything correctly.
been using it for over a year - nice easy card when the bill is < $2 or so.
Yep! That's it's best use for sure!
i got the Citi Rewards card just for a balance transfer
That works! Be sure to pay it off before the promotional rate expires!
Citi bank is horrible , they approve purchases while the card is locked, dispute department is very unprofessional, they blame always the customer., citi sides to the merchants even if it is fraudulent charge.
Yeah... I am not crazy about Citi either, lol.
I had this card for almost 8 years and it sucks, ite my oldest card. There is no point to get this card so save your credit score. Get the chase marriot boundless instead, yes its $95 a year but if your into hotels then this card is the best. Google it
Yep! The Chase card is a solid hotel keeper card. This Citi cards is just unusual, which is why I think it is interesting. But I would never apply for this card either. Cheers!
So basically its a debit card, with interest rates !
Their customer service is so bad you couldn’t pay me to try them again.
I've heard this as well. Citi gets terrible reviews.
GTCam still think they’re bad ?
ramon ruiz my experience was around the beginning of the year so my opinion has not changed.
GTCam ahh true just noticed the time of your comment, thank you for the feedback
ramon ruiz no problem man. Wish you the best
i have the citi rewards + card
Sweet! How do you like it?
@@JakeBroe so far its a okay card.
rodney keefer how about now ?
So much work for a few $$$ a year.
Pretty much!
Useless card to use at the dollar store. Time is money. Just go with mindless Double Cash.
Haha, I would agree. This card is interesting, but more effort than it is worth.
Pretty worthless card if used by itself. Thanks
Agreed.