I finally received the dreaded letter that so many others have in the past that Citi is changing the terms of my rewards. Starting July 14th, 2007 I will no longer recieve 5% cash back on supermarket, pharmacy, and gas purchases. Instead I’ll get a measly 2% back on those three categories plus 2% back on utilities and cable. I guess it’s time to throw this card into the sock drawer and look for another 5% gas card.
You know, it stinks to lose 5% cash back on groceries and gas but 2% on your cable and utilities is still pretty good. At least the card still has some functionality.
Are you serious? I’ve been trying to get that card for almost two years now. Every time I apply I get rejected.
I guess everything happens for a reason, huh?
I’m stuck with a Chase: 6% introductory on gas, 3% after that and 1% on everything else. As Brian said, better than nothing.
[...] Chase Cash Plus Rewards Mastercard as a backup card in case Citi decided to end 5% rewards cards (which they did). The card got me 5% back on gas, supermarket, and pharmacy [...]