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Update: The new 2019 limitations of $200 per item and a maximum refund of $1,000 per year are now in effect. You can learn more in our guide to price protection.

In August 2018, Citicard members won a partial reprieve on the reduction of Citi’s Price rewind benefit. In May, Citi had announced that effective July 29, 2018, the following price rewind benefit would change as follows:

  • You will be limited to a maximum refund per item of $200 instead of $500
  • You will be limited to a maximum refund of $1,000 per year instead of $2,500

The first change has come into force, but now Citi has rowed back on the second through the end of 2018, and the maximum refund will remain at $2,500. However, from 2019 the maximum yearly refund will be $1,000.

Even though there has been an overall trend for major card issuers to drop or reduce Price Protection, some issuers still have great Price Protection policies; so, if it is an important benefit for you, check out our guide to the best credit cards for Price Protection.

Our Take

This is a welcome move by Citi, and you now have until the end of the year to benefit from the higher (older) limit of $2,500. Sadly, the new limit of $1,000 will come into effect from 2019, although it is still a fair deal better than Chase eliminating Price Protection from all their cards. So even though the move is disappointing it is still better than nothing!

Partial Reprieve For Citi Price Rewind Through 2018
5 (100%) 4 votes
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