There’s a new unlimited cashback card in the market, and its name is Citibank Cash Back +.
Launched earlier today (with what I presumed is meant to be a twist on the bank’s wildly popular Citi Cash Back Card), this one comes in tops among its other competitors at 1.6% cashback with no minimum spend. There is also no maximum cap on the amount of cashback you can earn, which makes it ideal for folks with either small spending (i.e. you can’t hit the minimum spend for other cashback cards), or if you have a large purchase coming up (thus crossing the max limits on other cards).
See reviews here of its other competitors – the AMEX True Cashback and Standard Chartered Unlimited Card, both of which offer 1.5%. However, AMEX is offering an additional welcome bonus of a further 1.5% (total 3%) over your first 6 months, for a max. of $5k spent.