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Citi ThankYou Preferred Card
in Personal Credit Cards from Citibank
Would you recommend Citi ThankYou Preferred Card to your friends?
| Community Rating |
Rating not yet determined |
| Purchase APR (Variable APR) | 14.99% - 24.99% |
| Balance Transfer APR (Variable APR) | 14.99% - 24.99% |
| Credit Score Range | 700 - 850 |
| Annual Fee | $0 |
Citi ThankYou Preferred Card Review
Citi ThankYou Preferred Card is a rewards credit card issued by Citibank. If you're wondering whether Citi ThankYou Preferred Card is the right card for you, read on. This is everything you need to know to make a good choice.
- 0% APR balance transfer intro rate. Offers an introductory 0% APR rate on balance transfers for up to 15 months, which is longer than the average 0% APR period of 12 months.
- 0% APR on new purchases. New cardholders receive an introductory 0% APR rate on new purchases for up to 15 months.
- Competitive APRs. Citi ThankYou Preferred Card has a variable purchase APR that ranges from 14.99% up to 24.99%.
- No annual fee. This is a great option for people looking for a low-maintenance rewards card. It gives you rewards on your purchases, but you don't have to pay an annual fee for the privilege.
- 3% Balance transfer fee. Citi ThankYou Preferred Card charges a fee of up to 3% on balance transfers. For example, a balance of $1,000 could cost up to $30 in transfer fees. The minimum fee is $5.
- Charges foreign transaction fees. Avoid using this card when traveling abroad because it charges a commission of 3% every time you make a transaction outside the U.S.
- Multiple credit card benefits. Includes generous credit card perks, such as price protection, purchase protection, and fraud protection.
- Good or better credit required. You should probably try with another card if your credit score is below 700.
| The Good | The Bad |
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Is there a Citi ThankYou Preferred Card cash back or rewards program?
Citi ThankYou Preferred Card offers a rewards program to its customers.
| Rewards rate (all purchases) | 1% |
| Max rewards rate | 2% |
| Annual rewards limit | N/A |
| Signup Bonus ($) | N/A |
Does Citi ThankYou Preferred Card have a signup bonus?
Citi ThankYou Preferred Card doesn't offer a cash signup bonus.Does Citi ThankYou Preferred Card offer an annual loyalty bonus?
Citi ThankYou Preferred Card doesn't offer a cash loyalty bonus.What are the Citi ThankYou Preferred Card benefits?
Citi ThankYou Preferred Card provides the following benefits:
- Price Protection
- No blackout dates when redeeming miles
- ID Theft Protection
- Reports to major credit bureaus
What are the relevant APRs for Citi ThankYou Preferred Card?
According to the Federal Reserve Board, the average interest rate is 15% for all credit cards and 17% for accounts that carry a balance. Citi ThankYou Preferred Card has lower than average purchase APRs.Citi ThankYou Preferred Card has a variable purchase APR that ranges from 14.99% up to 24.99%. The card has a variable balance transfer APR that ranges from 14.99% up to 24.99%. It also has a variable cash advance APR starting at 26.74% . Note that late payments are subject to an APR of 29.99% if you are late or miss your payments. Typically, the penalty APR applies for a minimum of six months but can go on indefinitely.
Does Citi ThankYou Preferred Card have an introductory APR offer on balance transfers?
Yes, Citi ThankYou Preferred Card offers an introductory APR rate on balance transfers of 0% for a period of up to 15 months.
| Description | |
|---|---|
| Balance Transfer APR | 14.99% - 24.99% |
| Balance Transfer Introductory APR | 0% |
| Balance Transfer Intro APR Period (months) | 15 |
| Balance Transfer Fee % | 3% |
| Balance Transfer Fee % After Intro Period | N/A |
| Balance Transfer Fee Intro Period (days) | N/A |
| Balance Transfer Fee Minimum | $5 |
Does Citi ThankYou Preferred Card have an introductory APR offer on new purchases?
This card does offer an introductory APR rate of 0% on qualified purchases for a period of up to 15 months.
| Description | |
|---|---|
| Introductory Rate | 0% |
| Purchase Intro APR Period (months) | 15 |
What are the fees for Citi ThankYou Preferred Card?
The following fees apply to Citi ThankYou Preferred Card:
| Fees | Amount |
|---|---|
| Annual Fee | $0 |
| Foreign Transaction Fee | 3% |
| Returned Payment Fee | $35 |
| Late Payment Fee | $35 |
Does Citi ThankYou Preferred Card have a foreign transaction fee?
Citi ThankYou Preferred Card charges a foreign transaction fee of 3%. For example, if you spend $2,000 on a week vacation abroad you would pay a foreign transaction fee of $60. If you travel abroad you may want to leave this card at home and apply for one that doesn't charge a foreign transaction fee.Does Citi ThankYou Preferred Card report your account activity to credit bureaus?
Citi ThankYou Preferred Card reports your account activity to the following credit reporting agencies:
- Equifax
- Experian
- Transunion
Making regular on-time payments to a creditor that reports to one or more credit bureaus will demonstrate your financial responsibility and can help improve your credit.
How to apply for Citi ThankYou Preferred Card
- Visit the Citi ThankYou Preferred Card website.
- Fill in the application form. You will typically need to provide general financial information, such as your Social Security Number, address, and annual income.
- Check the information is accurate and submit your application.
- If you're denied click here to find out why your application may have been rejected and what you can do about it.
If your credit score is preventing you from qualifying for this credit card, check out our guide for the best credit cards for bad credit.
Contact
- Headquarters
-
388 Greenwich Street
New York, NY 10013 - Visit Site
Other Services by Citibank
Availability
- Alabama
- Alaska
- Arizona
- Arkansas
- California
- Colorado
- Connecticut
- Delaware
- Washington, DC
- Florida
- Georgia
- Hawaii
- Idaho
- Illinois
- Indiana
- Iowa
- Kansas
- Kentucky
- Louisiana
- Maine
- Maryland
- Massachusetts
- Michigan
- Minnesota
- Mississippi
- Missouri
- Montana
- Nebraska
- Nevada
- New Hampshire
- New Jersey
- New Mexico
- New York
- North Carolina
- North Dakota
- Ohio
- Oklahoma
- Oregon
- Pennsylvania
- Rhode Island
- South Carolina
- South Dakota
- Tennessee
- Texas
- Utah
- Vermont
- Virginia
- Washington
- West Virginia
- Wisconsin
- Wyoming
Feature Breakdown
| Every Purchase (Points) | 1x |
Citi ThankYou Preferred Card Community Reviews
Would you recommend Citi ThankYou Preferred Card to your friends?
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