The Citi® Dividend Platinum Select® Card, issued by Citibank, is designed for those with very good credit who plan to take advantage of the cash reward program.
Through the reward program, cardholders earn a 5% cash back rebate on purchases made at supermarkets, gas stations, drugstores, convenience stores, and utilities including cable for six months and 2% thereafter, and they earn a 1% cash back rebate on all other purchases as well as on qualifying balance transfers, cash advances, and convenience check transactions. Cardholders will receive $5 Dividend Dollars for each balance transfer transaction of $1,500 or more. Cardholders can earn unlimited cash back by shopping within the Citi® Bonus Cash Center, but the rebates earned on all other purchases are subject to a $300 maximum per year. A $50 check will be issued upon request once $50 Dividend Dollars have been earned.
The card has no annual fee, an average interest rate for purchases, and an interest-free introductory offer on balance transfers for up to twelve months. However, there is a minimum cap of 19.99% for cash advances; so no matter how low the Prime Rate falls (the APR is tied to the Prime Rate), the interest rate will not go below the minimum cap.
The card also provides platinum cardholder benefits that include up to $1,000,000 in travel accident insurance, auto rental insurance, car rental discounts, and various travel and emergency assistance services.
Therefore, those who plan to take advantage of the cash back reward program and the introductory rate on balance transfers will benefit most from what the Citi® Dividend Platinum Select® Card has to offer.
This review was updated 2008-05-14T00:00:00.0000000-07:00
| Type Of Rewards: |
Rebate |
| Reward Program Optional: |
No |
|
Optional programs may have a fee. See Terms and
Conditions for details. |
For Cards with Cash Back Incentives
| Lowest Possible Rebate: |
1% |
| Highest Possible Rebate: |
5% |
| Additional Rebates: |
Earn a 5% cash back rebate on purchases made at supermarkets, gas stations, drugstores, convenience stores, and utilities including cable for 6 months and 2% thereafter; earn a 1% cash back rebate on all other purchases; and earn a 1% cash back rebate on qualifying balance transfers, cash advances, and convenience check transactions. Cardholders will receive $5 Dividend Dollars for each balance transfer transaction of $1,500 or more. Cardholders can earn unlimited cash back by shopping within the Citi® Bonus Cash Center. |
| Rebate Details: |
A $50 check will be issued upon request once $50 Dividend Dollars have been earned. |
For Cards with Point Incentives
| Points Per Dollar Spent: |
n/app |
| Additional Points: |
n/app |
| Point Details: |
n/app |
For Cards with Airline Incentives
| Miles Per Dollar Spent: |
n/app |
| Additional Miles: |
n/app |
| Program Details: |
n/app |
Rewards Expiration Period: None
Annual Limit: $300 Dividend Dollars (Dividend Dollars earned on purchases through the Citi Dividend Merchant Network are not subject to the $300 maximum.)
Additional Credit Card Perks
Various Internet account related services.
No liability for unauthorized transactions.
Identity theft solutions.
Fraud and security protection services.
Lost and stolen card reporting.
Emergency cash replacement.
Emergency card replacement.
Automatic bill payments.
Year-end financial statement (upon request).
Up to $1,000,000 in travel accident insurance.
Auto rental insurance.
Medical referral services.
Legal referral services.
Lost luggage assistance.
Discounts on auto rentals.
Optional personal photo on card.
See website for additional benefits.
Special Notations about the Citi® Dividend Platinum Select® Card
The APR for purchases and balance transfers varies according to the applicant's credit history and will be 5.99%, 9.99% or 13.99% + Prime Rate.
See website for complete terms and conditions of card usage and application disclosure.
Always read the credit card's
Terms and
Conditions before applying!
