The Citizens Bank Summit™ World Mastercard® is a good credit card for dining out and cooking at home, giving you 3% back at restaurants and grocery stores. Those bonus rewards, the 1.5% back that you earn on other purchases, and the lack of an annual fee make this card worth considering if you have good credit or better. 

What I Like About the Citizens Bank Summit Credit Card

No annual fee

This is common among everyday rewards cards, but it’s certainly still preferable to the alternative, all else being equal. According to WalletHub research, the average annual fee among credit card offers available right now is $28.25, and some cards charge hundreds of dollars per year. 
 

1.5 - 3 points per $1

The Citizens Bank Summit™ World Mastercard® gives cardholders 3 points per $1 spent on dining and groceries, and 1.5 points per $1 spent on all other purchases. The points you earn with this card are redeemable for 1 cent per 1 point, which means this is the equivalent of earning 1.5% to 3% back. The average rewards card only gives about 1% back, so this is a great deal, saving you money – both overall and compared to other credit card offers – on every purchase you make. 
 

Peacock, Lyft, Instacart+ & HealthLock Monitor perks

Cardholders get access to a variety of credits and other money-saving opportunities. These perks are nice to have, especially if you’re already paying for the services, but they’re not a game-changer.
 


It’s important to remember that while these features can be helpful, they’re not exclusive to this card. You can find all of these credits and discounts on several other cards, too. 
 

Resort credits

Booking a $200+ day trip to an eligible resort can get you a $20 credit. That’s nice if you’re planning such an excursion anyway, but it’s probably not going to be one of the main reasons you apply for this card. If you’re serious about hotel and resort savings, you may want to check out our picks for the best hotel credit cards, which can save you more and help you earn free nights – not just discounted days. 

What I Don’t Like About the Citizens Bank Summit Credit Card

No initial bonus

A lot of credit cards will give you hundreds of dollars in bonus rewards for spending a certain amount in the first few months your account is open. That’s not the case with the Citizens Bank Summit™ World Mastercard®, unfortunately. 

If you’re interested in earning a bonus, check out our editors’ picks for the best credit card bonuses available right now. 
 

Subpar balance transfer deal

The APR part of the offer is alright, considering you get an intro APR of 0% for 12 months, which is about average for a balance transfer card. However, the 5% (min $10) transfer fee ruins things. If you’re going to pay that much to transfer a balance, you could get twice as long without interest from another card. 
 

High APR

If you get this card, make sure to pay off your purchases by the due date. If you don’t, expensive interest charges will rob you of your savings from rewards. 

Similarly, if you transfer a balance, make sure to pay in full before the regular APR takes effect. 
 

Requires good credit

I’m sure people with bad, limited or fair credit could benefit from this card, but it’s unlikely they’ll qualify for approval. You need good credit at a minimum, which means only a score of 700+ will give you good odds. 

You can check your credit score for free here on WalletHub to gauge whether you’re in striking distance.