Citibank Cash Back+ Credit Card: MoneySmart Review 2024

In the competitive world of credit cards, the Citibank Cash Back+ Credit Card stands out for its simplicity and rewarding cashback system. This review will delve into the various aspects of the Citibank Cash Back+ Credit Card, evaluating its features, benefits, and overall value proposition for cardholders in 2024.

Citibank Cash Back+ Credit Card

What is Citibank Cash Back+ Credit Card


The Citibank Cash Back+ Credit Card is designed to offer straightforward and unlimited cashback on everyday purchases. With no complex reward structures or category restrictions, this card aims to provide maximum value to a broad range of consumers.

Key Features

  • Unlimited Cashback: Earn 1.5% cashback on all purchases, with no cap.
  • No Minimum Spend: Enjoy cashback rewards without needing to meet any minimum spending requirements.
  • No Annual Fee: The card comes with no annual fee, making it an attractive option for cost-conscious users.
  • Global Acceptance: Accepted at millions of locations worldwide, making it ideal for both domestic and international use.

Benefits of Citibank Cash Back+ Credit Card

Simple and Transparent Cashback Program

One of the standout features of the Citibank Cash Back+ Credit Card is its straightforward cashback program. Unlike many cards that offer tiered rewards or limit the cashback to specific categories, this card provides a flat 1.5% cashback on all purchases. This simplicity ensures that cardholders can easily understand and maximize their rewards without having to navigate complex reward structures.

No Annual Fee

Many credit cards with attractive rewards programs come with high annual fees, but the Citibank Cash Back+ Credit Card breaks this mold. With no annual fee, cardholders can enjoy the benefits of the card without worrying about offsetting the fee with their rewards.

Interest-Free Period

The card offers up to 55 days of interest-free credit on purchases, provided the outstanding balance is paid in full each month. This feature can help cardholders manage their cash flow more effectively.

Additional Perks

Contactless Payments

The Citibank Cash Back+ Credit Card supports contactless payments, allowing for quick and convenient transactions at compatible terminals. This feature enhances the user experience, especially for frequent small purchases.

Worldwide Acceptance

As a globally accepted card, it can be used for transactions worldwide, making it a reliable companion for travelers. Additionally, Citibank provides round-the-clock customer service to assist with any issues that may arise during international travel.

Drawbacks of Citibank Cash Back+ Credit Card

Limited Rewards Rate

While the 1.5% cashback on all purchases is straightforward and appealing, there are other cards in the market that offer higher cashback rates or additional rewards for specific spending categories like dining, groceries, or travel. Consumers who spend heavily in specific categories may find those cards more beneficial.

Foreign Transaction Fees

The Citibank Cash Back+ Credit Card charges a foreign transaction fee on purchases made outside of India. This can add up for frequent travelers, potentially diminishing the card’s value for international use.

Comparing Citibank Cash Back+ Credit Card with Other Options

Citibank Cash Back+ vs. HDFC Millennia Credit Card

The HDFC Millennia Credit Card offers 5% cashback on select online transactions, 2.5% on other online spends, and 1% on all other transactions. While the HDFC card provides higher cashback rates for online shopping, it comes with an annual fee and more complex reward categories. In contrast, the Citibank Cash Back+ Credit Card’s flat 1.5% cashback on all purchases and no annual fee may be more appealing to those seeking simplicity and lower costs.

Citibank Cash Back+ vs. SBI SimplyCLICK Credit Card

The SBI SimplyCLICK Credit Card is designed for online shoppers, offering 10x reward points for purchases made on partner websites and 5x reward points for other online spends. It also has an annual fee that is waived upon meeting certain spending thresholds. While the SBI card offers higher rewards for online shopping, the Citibank Cash Back+ Credit Card’s no annual fee and flat cashback rate can be advantageous for those with varied spending habits.

Is the Citibank Cash Back+ Credit Card Right for You?

Ideal for General Spending

The Citibank Cash Back+ Credit Card is an excellent choice for individuals who prefer a simple, no-fuss cashback program without worrying about spending categories or annual fees. Its unlimited 1.5% cashback on all purchases makes it suitable for everyday expenses and ensures consistent rewards.

Considerations for Travelers

While the card’s global acceptance is a plus, the foreign transaction fees can be a drawback for frequent travelers. Those who often travel internationally might want to consider a card with no foreign transaction fees to maximize their savings.

Also Read: What is Credit Card Skimming? Everything You Need to Know


The Citibank Cash Back+ Credit Card offers a compelling combination of simplicity, unlimited cashback, and no annual fee. It is particularly well-suited for individuals seeking a straightforward rewards program without the hassle of managing multiple spending categories. However, those with significant spending in specific areas or frequent international travelers may need to weigh the benefits against other cards that offer higher rewards or no foreign transaction fees. Overall, the Citibank Cash Back+ Credit Card is a solid choice for everyday use in 2024.

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