Do you like to eat out, watch movies, buy books or music? Then Get Penny Wise may have just found the card for you. The Citi Forward Visa rewards 5 points for each $1 you spend on restaurants, books, movies and music. This is a very generous program that rewards you for spending in areas you really enjoy. All other purchases are rewarded with 1 point per dollar spent.
One caveat with the spending categories is that the retailer where you are making your purchases must be classified and recognized by the card as a restaurant or book store or movie theater. If not, you'll miss out on your rewards. Now one huge perk of this is that Amazon is classified as a book store so anything you buy through Amazon (reportedly even giftcards to other merchants) will earn you 5 points per dollar.
There are also quite a few incentives with the Citi Forward. For spending $50 in the first 3 months you will receive 6,000 points and if you decide to go paperless that will earn you another 5,000 points. You can also rack up 100 points a month for paying your bill on time and stay under your credit limit. At the end of the year you could have 12,200 points just from these perks.
Now what do these points translate into, you might be wondering. You'll make the most of them if you choose gift cards. You can get cash back but you'll get a lower dollar value for choosing cash over a gift card. Check out the rewards for yourself before signing up at thankyou.com.
Penny Wise Verdict ********/10
Do you have a rewards card that works for you? Tell us about it in the comments!
Thanks for this post! As life seems to be speeding by, it's nice to have someone helping to weed through the noise from these cards and tell me what the best deals are out there. You are doing noble work for those who need some help deciphering the small print. I for one am grateful!
ReplyDeleteThanks for your readership, Tums! We've got a review in the works for a stellar cashback rewards card. Check back soon!
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