On its own, the Citi Custom Cash® Card isn’t necessarily beneficial for tax payments. The card’s highest cash-back rates are only available within select spending categories, which don’t include taxes or payment processors like PayPal. And while the card earns ThankYou® Points, your redemption options are limited.

But, when you pair it with a premium Citi card that also earns ThankYou® Points, the card’s value increases. Paying your taxes with the Citi Custom Cash® Card and then transferring the rewards earning from those payments to another Citi card will allow you to pool your points and access more flexible redemptions, including transfers to Citi travel transfer partners like Emirates, Cathay Pacific and Wyndham Rewards.

Rewards: Earn 5% cash back on purchases in a top eligible spend category up to the first $500 spent each billing cycle, 4% cash back on hotels, car rentals, and attractions booked on Citi Travel℠ portal through 6/30/2025 and 1% cash back on all other purchases.

Welcome offer: Earn $200 in cash back after spending $1,500 on purchases in the first 6 months of account opening. The bonus points come in the form of 20,000 ThankYou® Points that can be redeemed for $200 cash back.

Annual fee: $0

Other benefits and drawbacks: ThankYou points don’t expire as long as your account remains open. Unfortunately, Citi places limits on how much you can earn in your top eligible spending category each billing cycle. The Citi Custom Cash® Card offers a 0% introductory APR for 15 months from date of account opening on purchases and from date of first transfer for balance transfers completed within 4 months of account opening. After that, the variable APR will be 19.24% – 29.24%, based on creditworthiness. There is also a balance transfer fee of 5% of each balance transfer; $5 minimum but otherwise only comes with basic benefits.

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Last Update: June 24, 2024

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