Limited Time Offer: Citi Dividend Platinum and Citi Forward for College Students Back-to-School Promo
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These offers are expired, but will possibly be back next year in time for the next school year. Meanwhile, you can still get these offers, but without the sign up cash back bonus.
Previously (deal below is now expired):
The Citi Forward® Card for College Students is offering $75 back, while the Citi® Dividend® Card for College Students offers $50. We’ll explain both offers below, but in our opinion, the Citi Forward® Card for College Students was and continues to be one of the best choices for college students out there.
Rewards rates old and new
Citi Forward® Card for College Students: The Citi Forward® Card for College Students is having a back-to-school promotion that one-ups the previous $50 cash back deal. It’s offering 8,500 Citi ThankYou Points Bonus after spending $150 - when you sign up for paperless statements in the first 3 months. Earn another $75 statement credit after you spend $150 on back-to-school purchases at apparel, book or electronics stores within the first 3 months of opening your account. There’s a catch, though: if you get the Citi Forward® Card for College Students with the $75 bonus, you’ll only get 2 ThankYou Points per $1 spent in bonus categories. Still, factoring in the Citi Forward® Card for College Students’s 2% rewards, that’s 52% off on $150 of typical college student purchases, a better Groupon, if you will.
In addition, the Citi Forward® Card for College Students offers 0% for 7 months on purchases, and then the ongoing APR of 13.99% - 22.99% Variable , as well as 1,000 ThankYou points for signing up for paperless statements.
Citi® Dividend® Card for College Students: The Citi® Dividend® Card for College Students lets you Earn 5% cash back every quarter in must-have categories like department stores, travel and more, enrollment each quarter is quick and easy. Its major promotion, though, is that it gives 5% cash back on groceries, drugstores, gas, convenience stores and utilities for the first six months. It also offers 0% on purchases for 7 months, and then the ongoing APR of 13.99%-23.99% (Variable). However, and this is a big however, you’re limited to $300 in rewards a year.
Forward rewards: the reason for our affection. The Citi Forward® Card for College Students is one of our favorite student credit cards because it gives high rewards on typical student purchases and has very generous interpretations of its bonus categories. It gives 5 ThankYou points per $1 spent on dining out, movies, music and textbooks, and 1 TY point per $1 spent elsewhere, up to 75,000 points a year. College bookstores count, so you can earn the bonus rewards rate for university-branded apparel, dorm room supplies and whatever else they sell at the campus bookstore. You also earn 100 points a month for staying under your credit line and paying on time, which do not count towards the 75k-point cap. Should you take the bonus in exchange for a lower rewards rate? It depends on how much you spend and how long you’ll hold the card. If you spend more than $2,500 in bonus categories over the course of the card’s lifetime, the difference between the 5-point rate and the 2-point rate will outweigh the initial $75 bump. Otherwise, low spenders should stick with the bonus.