City Bank Platinum Rewards Card

City Bank Platinum Rewards Card Review

This is a rewards credit card issued by City Bank. If you're wondering whether City Bank Platinum Rewards Card is the right card for you, read on. This review will provide you with with all the details you need to make a good choice.

• Signup bonus. Offers a signup bonus of 5000 points after spending $1,000 within 3 months that can be redeemed for travel, gifts, or other perks.
• Competitive APRs. City Bank Platinum Rewards Card has a variable purchase APR that ranges from 12.99% up to 18.99%.
• 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.
• Charges foreign transaction fees. Avoid using this card when traveling abroad because it charges a commission of 1.5% every time you make a transaction outside the U.S.
• Multiple credit card benefits. Includes generous credit card perks, such as rental insurance, extended warranty protection on purchases, identity theft protection, price protection, and fraud protection.
• Fair or better credit required. You will have good approval odds if your credit score is above 650.

The Good	The Bad
Potentially lower than average purchase APRs. No annual fee. Multiple credit card perks. Offers auto rental collision damage waiver. Extended warranty and price protection on purchases. Identity Theft Protection. Cardholders can earn rewards on purchases everywhere City Bank Platinum Rewards Card is accepted. City Bank Platinum Rewards Card reports to multiple credit bureaus.	Charges a foreign transaction fee of 1.5%.

Does City Bank Platinum Rewards Card have a cash back or rewards program?

City Bank Platinum Rewards Card is a rewards card.

City Bank Platinum Rewards Card Rewards

Minimum rewards rate	1x
Max rewards rate	N/A
Annual rewards limit	N/A
Signup Bonus (Points/Miles)	5000
Signup Bonus Spend Requirement	$1000
Signup Bonus Spend Period (months)	3 months

What are the City Bank Platinum Rewards Card benefits?

It provides the following benefits:

• Auto Rental Collision Damage Waiver
• Extended Warranty Protection
• Zero fraud liability
• Price Protection
• Reports to major credit bureaus

What are the relevant APRs for City Bank Platinum Rewards Card?

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 lower than average regular APRs.

City Bank Platinum Rewards Card has a variable purchase APR that ranges from 12.99% up to 18.99%. The card has a variable balance transfer APR that ranges from 12.99% up to 18.99%. It also has a variable cash advance APR of 21% .

What are the fees for City Bank Platinum Rewards Card?

The following fees apply:

• There is no overlimit fee

City Bank Platinum Rewards Card Fees

Fees	Amount
Annual Fee	$0
Overlimit Fee	$0
Foreign Transaction Fee	1.5%
Returned Payment Fee	up to $35
Late Payment Fee	up to $35

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

Does City Bank Platinum Rewards Card report your account activity to credit bureaus?

Yes, City Bank Platinum Rewards 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 may help improve your credit.

How to apply for City Bank Platinum Rewards Card

• Visit the City Bank Platinum Rewards 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 your credit score is preventing you from qualifying for this credit card, check out our guide for the best credit cards for bad credit.