Credit Card Review
The Citi CashReturns(SM) MasterCard®, issued by Citibank, is designed for those with very good credit who will take advantage of the interest-free introductory offer and the cash back reward program.The card offers access to a free reward program. Through the reward program, cardholders will earn a 1% rebate on purchases and cash advances. Cardholders will receive five CitiDollars for each individual balance transfer transaction of $1,500 or more. A $50 check will automatically be issued every time $50 CitiDollars have been earned. Checks cannot be issued for less than $50.The card has no annual fee, an attractive 0% introductory rate on balance transfers for up to twelve months, and a reasonable interest rate for purchases. However, there is a minimum cap 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.Aside from the reward program, cardholders can expect access to a variety of benefits and services that include no liability for unauthorized transactions, auto rental insurance, various travel and emergency assistance services, and an annual account summary.Therefore, individuals who will take advantage of the reward program, the introductory offer, and the additional benefits will benefit most from what the Citi CashReturns(SM) MasterCard® has to offer. This review was updated 2008-08-20T00:00:00.0000000-07:00
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