Citi Rewards+ Student Review: Unique Features for Smaller Spenders
The Bottom Line
3.8
It offers some features you won't find elsewhere, but even among cards targeted toward students, it lags in terms of earning potential and perks.
Rates, fees and offers
Annual fee
$0
Rewards rate
1x-5x
Bonus offer
Earn 5,000 bonus points after spending $500 in the first 3 months of account opening, redeemable for $50 in gift cards or travel rewards at thankyou.com.
Intro APR
N/A
Ongoing APR
APR: 18.99%-28.99% Variable APR
Cash Advance APR: 29.74%, Variable
Penalty APR: Up to 29.99%, Variable
Balance transfer fee
Balance transfer fee applies with this offer 5% of each balance transfer, $5 minimum.
Foreign transaction fee
3%
More details from Citibank
- Earn 5,000 bonus points after spending $500 in the first 3 months of account opening, redeemable for $50 in gift cards or travel rewards at thankyou.com.
- Bonus ThankYou® Points are not available if you received a new account bonus for a Citi Rewards+® account in the past 48 months or if you converted another Citi credit card account on which you earned a new account bonus in the last 48 months into a Citi Rewards+ account.
- Earn 2X ThankYou® Points at Supermarkets and Gas Stations for the first $6,000 per year and then 1X Points thereafter. Plus, earn 1X Points on All Other Purchases.
- Earn 5X total ThankYou® Points on hotels, car rentals and attractions booked on the Citi Travel℠ portal through 12/31/2025.
- The variable APR for purchases and balance transfers is 18.99% - 28.99%, based on your creditworthiness.
Pros and Cons
Pros
No annual fee
Cons
Foreign transaction fee
Detailed Review
The $0-annual-fee Citi Rewards+® Student Card could be a decent choice as a starter card — assuming you can qualify for it.
The card is marketed to students who have good credit, which typically means a FICO credit score of 690 or higher. That could be a tall order if you're just starting out with credit, and it's unclear whether applicants with no credit will be able to get it. (Citi didn't offer details about qualification requirements for this card after several requests from NerdWallet for clarification.)
The card could be valuable for creditworthy students who frequently spend on gas and groceries, and its unique "round up" feature boosts your earnings on small purchases like a snack on the way to class. But there are other rewards-earning options out there for students, even for those who lack a credit history or Social Security number.
Citi Rewards+® Student Card: Basics
Card type: Student.
Annual fee: $0.
Sign-up bonus: Earn 5,000 bonus points after spending $500 in the first 3 months of account opening, redeemable for $50 in gift cards or travel rewards at thankyou.com.
Rewards:
2 ThankYou® points per $1 spent at supermarkets and gas stations (for the first $6,000 spent per year).
1 point per $1 spent on all other purchases.
Through Dec. 31, 2025: 5 points per $1 spent on hotels, car rentals and attractions (excluding air travel) when you book through Citi's rewards portal.
10% points back for the first 100,000 ThankYou Points redeemed per year.
Rewards are rounded up to the nearest 10 points on every purchase. So if you buy a $3 college-ruled notebook, you get 10 points instead of three.
Redemption options:
You can redeem points for things like gift cards, travel, statement credits (for eligible purchases only) and shopping online with points at Amazon.com or BestBuy.com. But point values vary depending on how you redeem them.
If you redeem for gift cards, points are generally worth about 1 cent each. But redemption via Amazon will net you a point value of only about 0.8 cent each. Options such as statement credit often redeem at only a half-cent per point.
Interest rate: The ongoing APR is 18.99%-28.99% Variable APR.
Foreign transaction fee: 3%.
Other perks: Citi Entertainment, which offers access to presale tickets, VIP packages to concerts, sporting events and more.
Compare to Other Cards
Benefits and Perks
Decent ongoing rewards
Cards marketed toward students don't always offer rewards. Generally, their primary purpose is to help you establish credit, and indeed the Citi Rewards+® Student Card reports to all three major credit bureaus. But it also offers 2 points per $1 spent at supermarkets and gas stations (for the first $6,000 spent per year combined), and 1 point per $1 spent on other purchases. Those are potentially valuable categories for college students.
Unique features
In college, every little bit helps. For starters, this card's “round up” feature can make smaller purchases more rewarding. A pizza that costs $10.99 will be rounded up to 20 points earned, worth 20 cents when redeemed for gift cards. For comparison, using a flat-rate 1.5% cash-back card for the same purchase would net you only about 16 cents. You'll also get 10% of your points back on the first 100,000 points redeemed each year. That could be worth a maximum of $100 annually assuming you redeem for gift cards. Plus, there's a modest sign-up bonus: Earn 5,000 bonus points after spending $500 in the first 3 months of account opening, redeemable for $50 in gift cards or travel rewards at thankyou.com. Again, every little bit helps.
Drawbacks and Considerations
It's not ideal for dining out
If you spend more at restaurants than you do at the grocery store, there are better picks. One of them is the $0-annual-fee Discover it® Student Chrome. It offers 2% cash back on up to $1,000 spent per quarter in combined spending at restaurants and gas stations, and 1% back on everything else. Crucially, this card is also available to those with only average credit (FICO scores of at least 630), and Discover notes those with no FICO credit history at all may also qualify.
Other cards have more forgiving policies
Miss a payment on the Citi Rewards+® Student Card and it can cost you in terms of a late fee and penalty APR. If you're looking for more leniency, both the Discover it® Student Chrome and Discover's other student credit card — the Discover it® Student Cash Back — let you skip the fee for the first late payment, and neither charges a penalty APR. (Be aware, though, that paying late can still affect your credit scores.)
It's not a good travel buddy
The Citi Rewards+® Student Card charges a 3% foreign transaction fee per purchase, making it a poor travel companion if you’re planning to travel or study abroad. The Capital One Savor Student Cash Rewards Credit Card spares you those fees, and it offers elevated rewards on groceries, dining and entertainment purchases. It has a $0 annual fee.
It's not ideal for international students
Not only is the Citi Rewards+® Student Card marketed to those with good credit, but like nearly all other credit cards it also requires a Social Security number when you apply online. International students may lack both of those things. If that's you, the Firstcard® Secured Credit Builder Card could be a great option. International students without a Social Security number can apply for the card with other documentation, such as a visa or passport. It does, however, charge a fee: $4.99-$12.99 monthly or $48-$120/year depending on subscription plan.
How To Decide If It's Right For You
If you spend the bulk of your budget on gas and groceries, the Citi Rewards+® Student Card can offer value, as well as some unique features you won't find elsewhere. But depending on your spending habits and your credit scores, you might find more lucrative options.
Earn 5% cash back on rotating quarterly bonus categories on up to $1,500 in combined purchases per quarter (activation required), and 1% back on everything else. In the past, bonus categories have included grocery stores, gas stations, restaurants and more. You'll also get a sign-up bonus: INTRO OFFER: Unlimited Cashback Match for all new cardmembers – only from Discover. Discover will automatically match all the cash back you’ve earned at the end of your first year! So you could turn $50 cash back into $100. Or turn $100 cash back into $200. There’s no minimum spending or maximum rewards. Just a dollar-for-dollar match. The annual fee is $0.
Looking For Something Else?
Methodology
NerdWallet reviews credit cards with an eye toward both the quantitative and qualitative features of a card. Quantitative features are those that boil down to dollars and cents, such as fees, interest rates, rewards (including earning rates and redemption values) and the cash value of benefits and perks. Qualitative factors are those that affect how easy or difficult it is for a typical cardholder to get good value from the card. They include such things as the ease of application, simplicity of the rewards structure, the likelihood of using certain features, and whether a card is well-suited to everyday use or is best reserved for specific purchases. Our star ratings serve as a general gauge of how each card compares with others in its class, but star ratings are intended to be just one consideration when a consumer is choosing a credit card. Learn how NerdWallet rates credit cards.
Frequently asked questions
Does Citibank have a student credit card?
The Citi Rewards+® Student Card is the student version of the Citi Rewards+® Card. Like the regular version, the card has a $0 annual fee, and it earns comparable rewards.
How do I earn points with the Citi Rewards+ Student card?
You earn points with every purchase on the Citi Rewards+® Student Card. You'll earn 2 ThankYou points per $1 spent at supermarkets and gas stations (for the first $6,000 in combined supermarket/gas station spending per year) and 1 point per $1 spent on all other purchases. The rewards you earn are also rounded up to the nearest 10 points for every purchase. So if you buy, say, a $4 coffee, you would earn 10 points instead of 4. If you spent $19 at the grocery store, you'd earn 40 points instead of 38.
How does 10% points back work on the Citi Rewards+ Student card?
When you redeem points on the Citi Rewards+® Student Card, you get 10% of those points back. This applies to the first 100,000 ThankYou Points redeemed every year and is good for all redemption options, including gift cards, travel rewards and “shop with points.” So if you redeemed 15,000 points, you'd get 1,500 of them put back in your points account.
How do I redeem points with the Citi Rewards+ Student card?
Holders of the Citi Rewards+® Student Card can redeem points online at thankyou.com or by calling the ThankYou Service Center at 800-842-6596. Redemption options include gift cards, cash back, travel, shopping, statement credits and more. The value you get for your points depends on how you redeem them. For example, you might be able to redeem 50,000 points for a $50 gift card, but you’d get only $25 if you redeemed those points for cash.
Is the Citi Rewards+ Student card a good option?
The Citi Rewards+® Student Card is a decent card to help you get started with credit. With a $0 annual fee, it doesn't cost you anything to carry. Its rounding-up feature boosts your rewards on smaller purchases. If you don't spend much at gas stations and supermarkets, though, other options may offer more value.
Is the Citi Rewards+ Student card a Visa or Mastercard?
It's a Mastercard.
