Citi Rewards+ card may be discontinued (available for product change)

Update 5/5/25: We’ve now heard multiple reports of the Rewards+ card again being available for product changes. There’s even one person who was able to do it from an AA card, something which hasn’t been possible with other ThankYou Point-earning cards for some time.

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The Citi Rewards+ card can be a very rewarding component of a multi-card Citi wallet. The card has two main perks: earnings on all purchases are rounded up to the nearest 10 points and there is a 10% rebate on all points redeemed in a calendar year (up to a maximum of 100,000 redeemed points). When paired with the Citi Premier card (and possibly the Custom Cash and/or Double Cash), that rebate alone makes it worth holding for me.

Within Citi’s portfolio of ThankYou point-earning cards, the Rewards+ is undoubtedly the least pursued. That lack of popularity may be its undoing, as Doctor of Credit is reporting a rumor (via reddit) that the card is about to be unavailable for new applications and will be discontinued.

Card Details and Current Welcome Offer

Card Offer and Details

Citi Rewards+® Card ⓘ $0 1st Yr Value EstimateClick to learn about first year value estimates None This card is not currently available to new applicants No Annual Fee Learn more Information about this card has been collected independently by Frequent Miler. The issuer did not provide the details, nor is it responsible for their accuracy. FM Mini Review: The fact that you can get 10% Points Back when you redeem, up to the first 100,000 points redeemed per year, makes this a great choice to pool with ThankYou Premier, Prestige, and/or Double Cash Click here for our complete card review Earning rate: 5x on travel booked through Citi Travel℠ Portal through December 31, 2025 (excludes air travel) ✦ 2X at supermarkets and gas stations on up to $6,000 per year ✦ Round up to nearest 10 TY points on all purchases Base: 1X (1.5%) Gas: 2X (3%) Grocery: 2X (3%) Card Info: Mastercard World issued by Citi. This card imposes foreign transaction fees. Noteworthy perks: Round up to the nearest 10 points on all purchases with no cap. ✦ Get 10% Points Back when you redeem, up to the first 100,000 points redeemed per year. See also: Citi ThankYou Rewards Complete Guide

Quick Thoughts

Doctor of Credit notes that this is a rumor, but I’ve heard it elsewhere and think that there’s probably some fire behind that smoke. Outside of the folks who try to automate thousands of 1 cent transactions in order to game the roundup perk, it’s never been a terribly popular card. Frankly, besides small transactions, there’s little reason to spend on it.

What will make me sad to see it go is that 10% points rebate. Regardless of whether you cash out Citi points or transfer them to its increasingly interesting portfolio of travel partners, maxing it out every year effectively makes it a no annual fee card with a 10K anniversary bonus. I love ThankYou points, and I love them even more when I get 10% off redemptions.

Citi is usually fairly lenient about letting current cardholders keep discontinued products, as the small army of Citi Prestige cardholders can attest to. For those that don’t already have it, but who are invested in the Citi ecosystem, that might make it worth taking a swing at in the next few days before the rumored hammer drops.

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