Who is Citi ThankYou Preferred Card for College Students Designed For?

The Citi ThankYou Preferred Card for College Students is designed for students looking for a decent rewards card that doesn't have an annual fee. It is particularly suited for students who eat out often and spend a lot on entertainment.

What are the Rates for Citi ThankYou Preferred Card for College Students?

- Citi ThankYou Preferred Card for College Students has rates ranging from 14.49% APR to 24.49% APR on purchases and balance transfers, depending on the cardholder's credit.

The Citi ThankYou Preferred Card includes a 7-month 0% APR introductory rate on new purchases (NOT balance transfers). Beware of the 29.99% APR penalty rate, which kicks in when a cardholder is late on a payment. The penalty rate is particularly expensive if you carry a large balance, because it stays with you until the account is closed.

What Are the Fees for Citi ThankYou Preferred Card for College Students Credit Card?

- The Citi ThankYou Preferred Card for College Students has no annual fee and no over-the-limit fee. It does, however, carry a $5 or 4% (whichever is greater) balance transfer fee, a $10 or 5% cash advance fee, and a 3% foreign purchase transaction. Late payments and returned payments incur a $35 fee.

What Is Citi ThankYou Preferred Card for College Students's Rewards Program Like?

Citi ThankYou Preferred Card for College Students has a points-based rewards program that gives cardholders 2 points for every $1 spent on dining and entertainment and 1 point per $1 spent on all other purchases.

There is no limit on the number of points you can earn and they never expire. Points can be redeemed for gift cards, merchandise, travel rewards or even charitable donations.

What about Citi ThankYou Preferred Card for College Students's Signup Bonus?

Citi ThankYou Preferred Card for College Students gives users a 2,500 signup bonus, if they spend $500 in the first three months of opening an account.

Does Citi ThankYou Preferred Card for College Students Have Any Other Benefits?

The Citi ThankYou Preferred Card for College Students includes valuable shopping and travel benefits, such as extended warranty on purchases, price rewind when you find a purchase at a lower price, and worldwide car rental insurance. It also lets you choose which date of the month you pay your bill; provides $0 liability on fraudulent charges; grants VIP access to sporting and other entertainment events; and includes a personal concierge service.

How Is Citi ThankYou Preferred Card for College Students Better Than Other Credit Cards?

The Citi ThankYou Preferred Card for College Students allows students with average credit to qualify for benefits and rewards for which they otherwise wouldn't. For instance, it includes a 7-month 0% APR intro rate, a signup bonus and a generous rewards program without even charging an annual fee. However, the rates are high, particularly if the 29.99% APR penalty rate is triggered, which could be an issue for cardholders who haven't much experience managing credit.

  • Card Type
    • Balance Transfer
    • Rewards
  • Customer Type
  • Card Network
    • Mastercard
    • Visa
  • Minimum Age
  • Grace Period / Deferred Interest
  • Late Payment Penalty
  • Minimum Interest Charge
  • Returned Payment Fee
  • Foreign Currency Transaction Fee
  • No Annual Fee
  • Car Rental Insurance
  • Emergency Support
  • Extended Warranty
  • Flight Insurance
  • Fraud Liability
  • Travel Insurance
  • Points
  • Penalty APR
  • Purchases APR
    14.49% - 24.49%
  • Balance Transfer APR
    14.49% - 24.49%
  • 0% Introductory APR
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0 votes

Customer service is so important to any company, and Citi really makes sure that their reps take care of their customers. I've called in numerous times and each time was a great experience. They are always very helpful and very nice. No problems at all.

0 votes

I think you have to have a decent credit score to get this card, but its worth it for the rewards. I'm still getting used to everything but I like it so far. I have no complaints. Its my second card and now my most liked and most used. I'll stick with Citi if they keep up the good work.

0 votes

I LOVE my Citi student card! I couldn't be happier with the rewards, the application, and the overall customer service of the company. I didn't think I'd be approved but since they are geared towards students with little income, I was. So happy!!!

0 votes

Citi's customer service is the absolute best! The application was so simple to do, too. I'd give them 10 stars if I could. After having them for a few months and calling into customer service a few times, I have highly impressed with their level of professionalism.

0 votes

I honestly was not expecting much from this card, but it is better than I thought. The points and rewards add up really fast without even noticing, which is cool. I have a decent limit even though I only work part time. All in all, good card for college students.

0 votes

I had a horrible experience with another credit card company, but I needed one so I gave Citi a shot. This card has been nothing but amazing. I started out with zero credit history and now have a decent credit score. The rewards are great considering it IS my first card.

0 votes

The best part of the Citi Preferred Card for Students is the reward system. I feel like I don't use the card that often but I keep seeing my reward balance grow. It's pretty cool to see what I can get for spending so little. I am impressed with the card.

0 votes

The application process was a bit frustrating. I applied, was told there was an issue and to reapply later, then I reapplied and was rejected. I called into CS and they said I was rejected because the first application went through and they were considering that. So, if you get an error message, just wait. Don't keep applying like they say to.

0 votes

This card gives you "thank you" points when you make purchases. You get 2 points when you use the card at restaurants and for entertainment and 1 point for other stuff. Best of all, the rewards don't expire, which is great, because as a "starving student," I don't spend all that much.

0 votes

Citi is really trying to get the business of future professionals. They accept students with poor/fair credit and no credit history and offer a competitive rewards program. It even has a 2,500 points signup bonus, if you spend $500 in the first three months.

0 votes

I got a higher credit limit on this card than my other cards, even though I have an established credit history. I'm not sure why, but I'm pleased with it. I use this card mainly now for the rewards since my other cards can't even compare.

0 votes

At first, Citi actually denied my application, but after reapplying, I was instantly approved. My credit limit is over a thousand which I was not expecting at all. I wanted this card for the rewards (why I reapplied) and they've been good to me since.

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