Citibank is introducing the Citi ThankYou Premier Card with a large signup bonus upfront: 20,000 ThankYou points after you spend $1,000 within the first 3 months. That’s enough points to redeem for $200 in gift cards or other rewards.
In addition, some of the card’s other benefits include:
- No foreign exchange fees
- Earn points for the miles you fly when you purchase a ticket with your Citi ThankYou Premier Card.
- Earn an anniversary bonus based on the number of points earned from purchases every year. The longer you remain a cardholder, the larger your bonus percentage will be.
- Receive a complimentary domestic companion ticket each year
The Premier Card does carry a $125 annual fee which is waived for the first year.
Update 5/15: The original intro offer has expired. For more details on the current deal, see the Citi ThankYou Premier Card application.
The Citi Platinum Select MasterCard is now offering an intro 0% APR on balance transfers for 24 months and 0% APR on purchases for 12 months. The initial balance transfer can be performed anytime within 4 months of account opening. There is a 3% balance transfer fee with a minimum of $5. There is no annual fee.
Link: Citi Platinum Select card application
Update: Please note that the previous promo has ended. Please click here to view the current promo for the Citi Platinum Select card.
Citi is currently offering 0% intro APR on balance transfers for 21 months and 0% intro APR on purchases for 12 months on both the Citi Platinum Select and Citi Diamond Preferred Card. There is a 3% balance transfer fee with a $5 minimum and no cap.
See the following links for more information:
Update: Please note that the previous promo has ended. Please click here to view the current promo for the Citi Platinum Select card or here for the current promo for the Citi Diamond Preferred Card.
Ever have a pang of regret when you notice that shiny new toy you just bought dropped in price right after you purchased it? Back in the days when Amex’s Best Value Guarantee program still lived, that wasn’t such a worry. All you needed to do was call them up, provide evidence of the price drop and get refunded the difference.
The good news is that such programs still do exist. Many credit cards will reimburse you the difference if you find the same item at a lower price, either at the same retailer or elsewhere. For instance, under Citi’s current price protection program, if you find a printed advertisement within 60 days of your purchase for the exact same item, they will refund you the price difference, up to $250 per item (and up to a maximum of $1,000 per cardmember per year) if you placed the entire purchase on your Citi credit card. The major problem is that, unlike the original BVG, internet purchases or advertisements have been excluded from such price matching, significantly diminishing their usefulness.
Enter Citi Price Rewind.
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Credit card companies are aggressively pursuing new customers once again, mailing out 29% more offers as compared to the first quarter a year ago. Are those offers on the whole as rewarding as we’ve seen in the past? Sadly, the answer is no. Still, many of them do represent an improvement over what we’ve been used to for the past year. In this post, I’ve compiled a list of recent Citi offers:
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Citi has just introduced a brand new promotion for its Citi Platinum Select Mastercard, offering an 0% intro APR for 21 months on balance transfers and 0% intro APR for 12 months on purchases. Both the rate and length of your introductory offer will be based on your creditworthiness. If you’re looking to take advantage of the balance transfer offer, there is a 3% uncapped balance transfer fee with a $5 min. The card has no annual fee.
To view more info or to apply, see this link.
Update 3/2011: Please note that the previous Citi Platinum Select promo has ended. Please click here to see the current promo.
Citi is currently offering up to 35,000 bonus miles on its American Airlines co-branded credit cards, including the Citi Platinum Select / AAdvantage Visa Signature card, Citi Select / AAdvantage American Express and CitiBusiness / AAdvantage Visa card. Under this promo, you’ll be awarded 30,000 AA miles after spending $750 within 4 months of signing up and another 5,000 bonus miles if you make at least $5,000 in purchases during your first year.
In addition, if you sign up using this link, the annual fee will be waived for the first year.
While Citi warned us last year that it planned to tack on an annual fee to accounts that didn’t meet a specified spending threshold, that news became a reality this week as notices of this policy change poured into cardholder mailboxes. Effective April 1, 2010, an annual fee of $60 is being added to many Citi credit card holders’ accounts. That fee will be credited back to the account holder if spending reaches $2400 in the calendar year. Alternatively, the cardholder can opt out of this change and cancel their account.
The changes come as the enactment of the next phase of the Credit Card ACT on February 22 draws nearer, and banks look to find ways to offset the accompanying loss of revenue.
These days, when a credit card issuer decides that it no longer wants your business and decides to close your account, it’s not that unusual. When the issuer chooses to close your account without any warning, that (fortunately) is unusual and frankly, a poor business practice. Yet according to this AP story, that is precisely what Citi did to a number of card holders of its oil partner co-branded MasterCard accounts, including Shell, Citgo, ExxonMobil and Phillips 66-Conoco cards.
Citi allegedly closed many of these oil company affiliated credit cards last Wednesday, but did not send out notice to its affected cardholders that their accounts had been closed until the following Monday. Citi did not supply a reason for the account closures, though they do appear to still be accepting new applications for these cards.
If nothing else, the story once again underscores the importance of not relying on a single bank for your credit, given how quickly and unexpectedly it can be taken away.
Citi has a few no balance transfer fee promos still out there. The Citi Diamond Preferred Card has an offer for 0% APR on balance transfers for 12 months with no balance transfer fee on the initial BT. The Citi PremierPass card also offers 0% APR on balance transfers for 12 months with no balance transfer fee on the initial BT, plus 0% on purchases for 12 months.
Here is the link.
Enter offer code 851 for the Diamond Preferred card or enter offer code 853 for the Premier Pass card. (Via FW)