Citizens Bank Cash Back Plus World Mastercard

Citizens Bank Cash Back Plus World Mastercard Review

This is a cashback card issued by Citizens Bank. If you're wondering whether Citizens Bank Cash Back Plus World Mastercard is the right card for you, read on.

Key Takeaways

• 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.
• High APRs. This is not a great card for people who carry a balance. It has a variable purchase APR that ranges from 18.24% up to 26.24%.
• No annual fee*. This is a great option for people looking for a low-maintenance cashback card. It gives you cashback on your eligible purchases, but you don't have to pay an annual fee for the privilege.
• 4% Balance transfer fee. Citizens Bank Cash Back Plus World Mastercard charges a fee of 4% on balance transfers. For example, a balance of $1,000 could cost $40 in transfer fees. The minimum fee is $10.
• No foreign transaction fee. This card does not charge a fee when you make a purchase that passes through a foreign bank, or is in a currency other than the U.S. dollar (USD), which makes it a great credit card to carry when traveling abroad.
• Multiple credit card benefits. Includes generous credit card perks, such as rental insurance, extended warranty protection on purchases, identity theft protection, travel accident insurance, trip cancellation insurance, and fraud protection.
• Fair or better credit required. You will have good approval odds if your credit score is above 650.

Pros & Cons of Citizens Bank Cash Back Plus World Mastercard

The Good

The Bad

0% APR balance transfer intro rate on balance transfers for up to 15 months. No annual fee. Multiple credit card perks. Offers auto rental collision damage waiver. Extended warranty on purchases. Identity Theft Protection. Travel accident insurance. Trip cancellation insurance. No foreign transaction fee. Cardholders can earn rewards on their purchases. Citizens Bank Cash Back Plus World Mastercard reports to multiple credit bureaus.

Higher than average purchase APRs. Does not offer a signup bonus. Charges a 4% balance transfer fee.

Citizens Bank Cash Back Plus World Mastercard FAQ

Does Citizens Bank Cash Back Plus World Mastercard have a cash back or rewards program?

This is a cashback card. This means you earn a percentage of your purchases as cash back rewards. You will receive 1.8% cash back on travel, dining, groceries, drugstore purchases, or any other purchase. For example, if you buy a $1,000 laptop, you will receive $18 back in cash.

Citizens Bank Cash Back Plus World Mastercard Rewards

Minimum rewards rate	1.8x
Max rewards rate	N/A
Annual rewards limit	N/A
Signup Bonus ($)	N/A

What are the Citizens Bank Cash Back Plus World Mastercard benefits?

It provides the following benefits:

• Auto Rental Collision Damage Waiver
• Extended Warranty Protection
• Trip Cancellation Insurance
• Zero fraud liability
• Travel Accident Insurance
• Cell Phone Protection
• Reports to major credit bureaus

What are the relevant APRs for Citizens Bank Cash Back Plus World Mastercard?

According to the Federal Reserve Board, the average regular APR is 15% for all credit cards and 17% for accounts that carry a balance. This card has higher than average regular APRs.

Citizens Bank Cash Back Plus World Mastercard has a variable purchase APR that ranges from 18.24% up to 26.24%. The card has a variable balance transfer APR that ranges from 18.24% up to 26.24%. It also has a variable cash advance APR of 27.24% .

The good news is this card does not charge a penalty APR if you are late on a payment.

What are the fees for Citizens Bank Cash Back Plus World Mastercard?

The following fees apply:

• There is no overlimit fee

Citizens Bank Cash Back Plus World Mastercard Fees

Fees	Amount
Annual Fee	$0
Overlimit Fee	$0
Foreign Transaction Fee	0%
Returned Payment Fee	$0
Late Payment Fee	up to $40

This card does not charge an annual fee, which makes it a smart choice for consumers looking for a low-cost cashback card.

Does Citizens Bank Cash Back Plus World Mastercard report your account activity to credit bureaus?

Yes, Citizens Bank Cash Back Plus World Mastercard 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 may help improve your credit.

How to apply for Citizens Bank Cash Back Plus World Mastercard

• Visit the Citizens Bank Cash Back Plus World Mastercard 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 your credit score is preventing you from qualifying for this credit card, check out our guide for the best credit cards for bad credit.