The Citi® Home Rebate Platinum Select® MasterCard®, issued by Citibank, is designed for those with very good credit who plan to take advantage of the rebates, which help cardholders pay for their personal mortgages.
Through the reward program, cardholders earn a full 6% rebate on Utilities, Cable/Satellite TV, Internet Connection and Telecommunications for the first twelve months of membership, and 1% per dollar spent after the introductory period and on all other purchases. The rebate is earned in the form of "Home Mortgage Rebates" that will be applied against the outstanding mortgage principal. There is no limit to the amount of rebates that may be earned, and rebates do not expire.
The APR for purchases and balance transfers is reasonably low, there is no annual fee, and there is a 0% introductory rate available for balance transfers for twelve months.
However, it is important to note that there is a minimum cap of 20.99% 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.
As with most Citibank credit cards, cardholders can expect access to a variety of platinum benefits that include up to $1,000,000 in travel accident insurance and fraud protection services.
Therefore, those who will take advantage of the introductory offer, would like the option to carry a balance, and will be able to take advantage of the mortgage rebates will benefit most from what the Citi® Home Rebate Platinum Select® MasterCard® has to offer.
This review was updated 2008-06-26T00:00:00.0000000-07:00
| 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: |
6% |
| Additional Rebates: |
Earn a full 6% rebate on Utilities, Cable/Satellite TV, Internet Connection and Telecommunications for 12 months. Earn a 1% rebate per dollar spent after the introductory period and on all other purchases. |
| Rebate Details: |
Rebates will automatically be sent to the cardholder's mortgage company within two billing cycles after the end of the rebate anniversary month, as listed on the cardholder's monthly billing statement. |
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: None
Additional Credit Card Perks
Various Internet account related services.
No liability for unauthorized purchases.
Identity theft solutions.
Fraud and security protection services.
Lost and stolen card reporting.
Emergency cash replacement.
Emergency card replacement.
Automatic bill payments.
Up to $1,000,000 in travel accident insurance.
Auto rental insurance.
Various travel and emergency assistant services.
Medical referral services.
Legal referral services.
Lost luggage assistance.
Discounts on auto rentals.
Year-end financial statement (upon request).
See website for additional benefits.
Special Notations about the Citi® Home Rebate Platinum Select® MasterCard®
See website for complete terms and conditions of card usage and application disclosure.
Always read the credit card's
Terms and
Conditions before applying!
