Citi Forward® Card Review
Issued by CitiBank
  
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Overall Rating:   Benefit Rating:  |
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The Citi Forward® Card is a regular rewards credit card, issued by Citibank, for the everyday consumer who wants to be rewarded just for doing the right thing. That's because this card rewards cardholders for staying within their credit limit and paying on time.
Cardholders who stay within their credit limit and pay on time will receive 100 bonus points per billing period and a potential reduction of their interest rate. APR reductions occur at a rate of .25% after 3 months in a row of making a purchase, staying within limit, and paying on time. Cardholders are eligible for a total of 8 reductions, for a 2% total reduction.
Bonus points are rewarded for other acts. 10,000 ThankYou bonus rewards points when you spend $650 in purchases and sign up for paperless statements within the first 3 months - redeemable for $100 in gift cards!
The Citi Forward® Card also rewards cardholders for purchases. Cardholders receive 5 points per dollar spent on restaurants and entertainment, and 1 point per dollar spent on all other purchases. Points can be redeemed through the ThankYou network for cash, gift cards, music, electronics and more.
This card comes with a 0% intro rate on purchases for 7 months. There is also a 0% APR on balance transfers for 12 months if you qualify. After the introductory period, the variable interest rate is reasonable.
The Citi Forward® Card is ideal for anyone interested in earning reward points quickly and easily with a credit card that also offers a 0% introductory rate.
Cardholders who stay within their credit limit and pay on time will receive 100 bonus points per billing period and a potential reduction of their interest rate. APR reductions occur at a rate of .25% after 3 months in a row of making a purchase, staying within limit, and paying on time. Cardholders are eligible for a total of 8 reductions, for a 2% total reduction.
Bonus points are rewarded for other acts. 10,000 ThankYou bonus rewards points when you spend $650 in purchases and sign up for paperless statements within the first 3 months - redeemable for $100 in gift cards!
The Citi Forward® Card also rewards cardholders for purchases. Cardholders receive 5 points per dollar spent on restaurants and entertainment, and 1 point per dollar spent on all other purchases. Points can be redeemed through the ThankYou network for cash, gift cards, music, electronics and more.
This card comes with a 0% intro rate on purchases for 7 months. There is also a 0% APR on balance transfers for 12 months if you qualify. After the introductory period, the variable interest rate is reasonable.
The Citi Forward® Card is ideal for anyone interested in earning reward points quickly and easily with a credit card that also offers a 0% introductory rate.
Review Date: January 26, 2012
Note: The review on this card was updated on January 26, 2012. The review is believed to be accurate during the update, however, information posted may have changed since the update. We strongly suggest that you carefully read the Terms and Conditions statement that accompanies the credit card application.
| Credit Card Rate Details | |
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Intro Rate (Intro APR):
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0% Intro APR* |
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Intro Applied Towards:
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Purchases, Balance Transfers |
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Additional Intro Details:
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0% Intro APR for 12 months on Balance Transfers*; 0% Intro APR for 7 months on Purchases*. |
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Purchase APR:
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12.99% - 22.99%* (Variable) (Variable) |
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Cash APR:
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25.24% (Variable) |
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Finance Configuration:
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Average Daily Balance (including new purchases) |
| Credit Card Fee Details | |
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Annual Fee:
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$0* |
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Grace Period:
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20 - 25 Days |
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Cash Advance Fee:
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5% of each cash advance; $10 minimum |
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Balance Transfer Fee:
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3% of each balance transfer; $5 minimum |
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Minimum Credit Limit:
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$500 |
| Credit Card Reward Program Details (Point) | |
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Points Per Dollar:
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1 Point |
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Additional Points:
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5 ThankYou® Points per dollar spent at restaurants and on books, movies, and music. |
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Point Details:
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Cardholders earn 5 ThankYou® Points per dollar spent at restaurants and on books, movies, and music. Cardholders earn 1 ThankYou® Point per dollar spent on all other purchases. |
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Expiration:
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Points expire 5 years from the end of the month in which they are earned, unless the ThankYou Network is terminated before that time. |
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Yearly Limit:
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No |
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Bonus Details:
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Receive 10,000 bonus points after you make $650 in purchases and sign up for paperless statements within the first three months - enough for $100 in gift cards. Earn up to 1,200 bonus points per year when you pay on time and stay under your credit limit each billing period. |
| Features |
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Most Attractive Feature(s):
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| Up to a 2% APR reduction when you use your card wisely; a number of ways to earn bonus points |
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Least Attractive Feature(s):
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| The APR for cash advances is on the high side. |
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Additional Features:
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| See website for additional benefits. |
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Important Notations
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| See website for complete terms and conditions of card usage and application disclosure. |
| Additional Information |
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Apply Online for the Citi Forward® Card from Citibank See other Other Credit Cards See other Credit Cards Issued by CitiBank See other Visa Credit Cards |