Features

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.

  • Minimum Age
    18
  • Customer Type
    Student
  • Grace Period / Deferred Interest
    23
  • Late Payment Penalty
    $35
  • Minimum Interest Charge
    $1
  • Returned Payment Fee
    $35
  • Foreign Currency Transaction Fee
    3%
  • No Annual Fee
  • Card Type
    • Balance Transfer
    • Rewards
  • 0% Introductory APR
  • Card Network
    • Mastercard
    • Visa
  • Car Rental Insurance
  • Emergency Support
  • Extended Warranty
  • Flight Insurance
  • Fraud Liability
  • Travel Insurance
  • Points
  • Penalty APR
    29.99%
  • Purchases APR (variable)
    14.49% - 24.49%
  • Balance Transfer APR (variable)
    14.49% - 24.49%
SuperMoney.com is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...

New Review for Citi ThankYou Preferred Card for College Students

Rate your experience:

Cancel