Citi and AT&T have increased the welcome offer and added new statement credits to the AT&T Points Plus card, making it a surprisingly compelling option, especially for AT&T customers.
The new welcome bonus is $250 after only $500 in spend, and there are new $20 statement credits for each billing cycle that the cardholders spend $1,000 or more. All of that is in addition to a $ 10-per-line discount each month when you use the card to pay your AT&T bill.
Not bad for a no-annual-fee card that also earns 3x Citi Thank You Points on fuel purchases and 2x at grocery stores.
Offer and Card Details
| Card Offer and Details |
|---|
 ⓘ $367 1st Yr Value EstimateClick to learn about first year value estimates $250 statement credit Non-AffiliateThis is NOT an affiliate offer. We always present the best offer even when it means less revenue for Frequent Miler $250 statement credit after $500 spend in the first 3 monthsNo Annual Fee 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: 3X points on gas, up to $20 of discounts on AT&T service each month, and $20 in statement credits any billing cycle where you spend $1K or more make this a great keeper card with no annual fee even before taking into account the welcome offer. Earning rate: 3 points per $1 at gas & EV charging stations ✦ 2 points per $1 at grocery stores ✦ 2 points per $1 on AT&T products & services ✦ 1 point per $1 on all other purchases Card Info: Mastercard World issued by Citi. This card has no foreign currency conversion fees. Big spend bonus: Earn a $20 statement credit after spending $1K+ on purchases in a billing cycle Noteworthy perks: $10 per line monthly discount on your AT&T wireless bill and $10 monthly discount on your eligible AT&T internet bill when enrolled in AutoPay and paperless billing at AT&T ✦ Rewards earned as ThankYou points and are transferable to partners (at a lower ratio unless you have a premium Citi ThankYou points-earning card) See also: Citi ThankYou Rewards Complete Guide |
Quick Thoughts
The $20 in statement credits on $1,000 in purchases doesn’t seem like much, but it’s actually an EXTRA 2% on all monthly spending, if you stay close to $1,000. In addition to the normal earnings on the card, that’s very good.
It’s important to note that this card earns Citi Thank You Points (TYP), not cash back, and has access to the full spectrum of Citi transfer partners, though at a lower transfer ratio, unless you have a card with an annual fee, like the Citi Strata Premier or Strata Elite.
Assuming you have one of those “premium” cards, we value Citi Thank You Points at ~1.5 cents each. Provided you keep your monthly bills as close to $1,000 as possible, that means that this card can earn:
- 3x Thank You Points + 2% cash back on gas (total return: ~6.5%)
- 2x TYP + 2% cash back on grocery (total return: ~5%)
- 2x TYP + 2% cash back on AT&T purchases + $10 per line discount (total return: ~5%+)
- 1x TYP + 2% cash back everywhere else (total return: ~3.5%)
While it does require some intentionality to maximize, that’s a pretty darn good setup for a no-annual-fee card, especially if you’re an AT&T customer, since using your credit card would normally invalidate autopay discounts. There’s no foreign transaction fee, so it’s also a reasonable card to use internationally.
If I were an AT&T customer, this would be a no-brainer, and it’s worth considering for anyone else who wants a good return on gas and groceries and doesn’t mind keeping an eye on their monthly spend.
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Can anybody clarify the $10/line discount? We have 5 lines so $50/month off my bill? Or the $10/line just offsets the auto-pay discount or some other discount “so you can pay with your card and get the AT&T multiplier but actually the $10/line is just a wash?”
If it ends up being an either-or it’s a lot less compelling – if it’s an EXTRA $10 per line discount I’d be crazy not to get this card!
As far as i understand it this discount is not above and beyond standard autopay paperless discounts. So nothing to see on that point. I don’t dispute trading off 0.625% for one TYP is a great deal (No BofA status required)
I get the AT&T paperless and autopay discounts and get 5% Chase points by using my old business Chase Ultimate Rewards card. Have to pay the AT&T account without logging in. So the one drawback with my setup is that I have to manually make the payment.
For those of us being transitioned from Barclays AA cards, is it possible to product change from the AA mile up card to this AT&T card and then maybe to a custom cash?
Agree with Beechy that this is now a great candidate for a product trade for those of us with extra Citi cards.
Thanks to Eli for their data point below Citi elite -> ATT. Would welcome other data points. I’m considering custom cash and Doublecash as product trade sources.
Does it offer insurance protection for handset?
Is it possible to product change from a Citi Strata Premier card to the AT&T card? Have both Citi Strata Elite and Citi Strata Premier and don’t need both. Thanks
I PC’d from a Strata Elite to an ATT card a few months back. But Citi PC options change a lot so you’ll just have to ask them