Our top picks of timely offers from our partners

More details
UFB Secure Savings
Learn More
Terms Apply
Up to 5.25% APY on one of our top picks for best savings accounts plus, no monthly fee
Accredited Debt Relief
Learn More
Terms Apply
Accredited Debt Relief helps consumers with over $30,000 of debt
LendingClub High-Yield Savings
Learn More
Terms Apply
Our top pick for best savings accounts for its strong APY and an ATM card with no ATM fees
Choice Home Warranty
Learn More
Terms Apply
Protects 25+ systems & appliances. Free quote + $50 off + 1 month free
Freedom Debt Relief
Learn More
Terms Apply
Freedom Debt Relief can help clients get started without fees up front
Select independently determines what we cover and recommend. We earn a commission from affiliate partners on many offers and links. This commission may impact how and where certain products appear on this site (including, for example, the order in which they appear). Read more about Select on CNBC and on NBC News, and click here to read our full advertiser disclosure.
Latest

Citi updates its welcome bonus and expands Citi Prestige travel credit to include takeout and groceries

Citi is making some changes to its travel rewards during coronavirus, plus doubling how long new cardholders have to earn the welcome bonus. Here's how to know if you qualify.

Share
Getty Images

Citi is an advertising partner. CNBC Select may receive an affiliate commission when you click on the links for products from our partners. This commission does not influence the opinions, recommendations, or placement of any products on our site.

The welcome bonus extensions mentioned below are no longer available. Click here to view the latest credit card bonus offers and promotions.

Citi is joining many other credit card issuers, including American Express, Chase and Bank of America, in offering eligible new cardholders more time to earn their welcome bonus.

Similar to other issuers, Citi is extending the time frame to earn the bonus by three months.

Eligible Citi cardholders include those who've applied for a new credit card between December 1, 2019 and May 31, 2020. These eligibility requirements are the same as Amex and broader than both Chase and Bank of America.

So, if you open a new Citi card, such as the Citi Rewards+® Card, between now and May 31, you'd have an extended six-month earning period that lasts until November 30 (compared to the typical three months). The minimum spending requirement to earn the bonus has not changed; you just have twice as long to spend it now.

In addition to providing a welcome bonus extension, Citi has made some temporary changes to the Citi Prestige® Card, which we explain below.

Citi will now let cardmembers apply the popular travel card's annual $250 travel credit to eligible purchases at supermarkets and restaurants, in addition to travel  — a major boon for cardholders who have missed out on the full value of this benefit this year.

This travel credit update is good now through December 31, 2020. In order to qualify, you need to have an open Citi Prestige account at the time the statement credit is posted. That means if you make $250 in eligible purchases and close your account before receiving the credit, you will lose out.

Take note that a few restaurant purchases won't count toward the travel credit. They include spending at bakeries, caterers and restaurants located inside other establishments (like the vendors inside hotels, department stores, grocery stores, discount and convenience stores or warehouse clubs).

And excluded supermarket purchases include markets, drugstores, warehouse clubs, wholesale clubs, specialty vendors, bakeries, and meal kit delivery services, among others. Learn more about how Citi classifies bonus category purchases.

Prestige cardholders also earn 5X ThankYou points on all online purchases up to 7,500 points, through August 31, 2020. Eligible purchases include online grocery orders, online drugstore orders and retailer website orders.

Don't miss: 

Information about the Citi Prestige® Card has been collected independently by CNBC and has not been reviewed or provided by the issuer of the card prior to publication.

Editorial Note: Opinions, analyses, reviews or recommendations expressed in this article are those of the Select editorial staff’s alone, and have not been reviewed, approved or otherwise endorsed by any third party.
Chime
Learn More
Terms Apply
Chime offers online-only accounts that minimize fees plus, get paid up to 2 days early with direct deposits
Find the right savings account for you
Learn More
Terms Apply
Help your money grow by finding the savings account that offers the best rates and features for you