RI-based Citizens Bank has unveiled a new credit card offering up to 1.8% cash back with no annual fee and none of the category restrictions or caps on rewards often found with other rewards cards.
The new Citizens Bank Cash Back Plus World MasterCard enables cardholders to earn unlimited 1.5% cash back on every purchase they make – a rate that goes as high as 1.8% when customers use their cards on a monthly basis and set up direct deposit to collect their rewards in a Citizens Bank personal checking, savings or money market account.
The Citizens Bank Cash Back Plus World MasterCard features include:
• Unlimited 1.5% cash back on every purchase
• Earn up to 1.8% cash back with our Purchase and Relationship bonuses
• No annual fee
• No foreign transaction fees
• No penalty APR for late payments
• A great introductory APR on balance transfers for the first 12 billing cycles
• Simple and clear rewards redemption via direct deposit into a Citizens Bank personal deposit account or as a statement credit.
Citizens also recognized that some consumers desire an even simpler credit card option offering a lower APR. To meet that need, Citizens has introduced the Citizens Bank Clear Value MasterCard®. Designed for customers who tend to carry a balance, the Clear Value card offers Citizens’ lowest rates.
CardTrak.com says both cards represent a great value and are toe-to-toe with similar cards offered by the Big 4 issuers.
Citizens Financial Group has $132.9 billion in assets as of December 31, 2014. and has 3,200 ATMs and approximately 1,200 Citizens Bank and Charter One branches in 11 states in the New England, Mid-Atlantic and Midwest regions.
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