Citigroup is launching a 5 percent cash-back card according to a story on CNBC.
“The bank on Thursday is launching a credit card that gives users 5% cash back on up to $500 of spending per month in a category – from restaurants to groceries or travel – and 1% cash back on all other purchases, according to Pam Habner, Citigroup’s head of U.S. branded cards,” said the financial news outlet.