Have A Question About Credit Cards?


Most Popular Pages
2009 Best Credit Cards
Credit Card Cashback Calculator
American Express Black Card Review
Starwood Preferred Guest Card Review
Sign Up For Our Newsletter
Email:
Name:
We do not share or sell your information Privacy Policy

Review of Citi Dividend Platinum Select Card

The Citi Dividend Platinum Select Card was last reviewed on 15th November 2008


citi dividend platinum select card
The Citi Dividend Platinum Select Card is a cash rebate credit card that pays 2% rebates on purchases made at standalone supermarket, gasoline stations, drug stores, convenience stores and utilities (including cable). Let us look at this card in more detail.

Rebate Formula - The Citi® Dividend Platinum Select® Card has a simple formula that pays a 2% rebate on purchases from standalone supermarkets, gas stations and drugstores, convenience stores and utilities. You can 1% rebate on other purchases. You can earn up to $300 rebates in a year. Purchases from Citi's Dividend Merchant Network are exempt from this cap. If you hit your $300 limit, you can always get another identical card from Citi. You can redeem your cash rebates in $50 denominations. You have to request your rebate checks yourself.

As an incentive, you will receive a 5% cash back at gas stations, supermarkets, drugstores, convenience stores, utilities including cable for 6 months. Thereafter, it reverts to the normal 2% rebate for these items.

Annual Fee and APR - There is no annual fee. The APR is as low as prime rate plus 5.99%. The Citi Dividend Platinum Select Card uses the average daily balance method (including new purchases) of calculating your monthly balance.

Balance Transfer Deal - You get an introductory APR offer of 0% on balance transfers for up to 12 months from the date of transfer, not from account opening as long as the transfer is made within 12 months. (Note that you have to pay a balance transfer fee). You will earn rebates ($5.00) for each $1,500 of balance transfer you make.

Verdict - The Citi® Dividend Platinum Select® Card pays more than the standard 1% rebates that most cash back credit cards pay and will appeal to those who want to get a cash back credit card that pays more than 1% rebates. It is the only card that pays 2% on convenient stores and utilities expenses.

Positives
  • Earn 2% on purchases from standalone supermarkets, gas stations, drugstores, convenience stores and utilities
  • No annual fee
  • Low APR


  • The Citi Dividend Platinum card has been discontinued, use the calculator below to see how much you can save using other cash back credit cards!



    Citi Dividend Platinum select Card
    Reward Benefits
    Rebate Percentages Earn 2% on purchases at supermarkets, gas stations, drugstores, convenience stores and utilities
    Earn up to 1% cash reward all other purchases
    Earn 1% on cash advances and cash convenience checks billed at standard cash advance rate
    Earn 5 dividend dollars for each balance transfer checks of $1500 or greater
    Caps on Rewards 300 dividend dollars per year
    Purchases made through Citi Dividend Merchant Network are not subject to $300 limit
    Travel and Insurance Benefits
    Up to $1,000,000 Automatic Travel Accident Insurance
    Auto Rental Insurance
    Travel and Emergency Assistance
    Discount from Hertz
    Other Benefits
    Zero liability on unauthorized purchases
    Retail protection service
    Lost wallet service
    24/7 customer service
    Cost/Fees/Interest rates
    Introductory rate 0% introductory APR on balance transfers for up to 12 months from date of transfer
    Annual Fees No annual fee
    Purchase APR As low as Prime Rate plus 5.99%
    Balance Transfer APR As low as Prime Rate plus 5.99%
    Cash Advance APR Prime Rate plus 14.99%
    Penalty/Default Rate APR 28.99%
    Min Finance Charge $0.50
    Grace Period 20 days
    Balance Calculation Method Average Daily Balance (including new purchases)
    Balance Transfer Fee 3%, min $5.00
    Cash Advance fee 3% min $5.00
    Over-the-credit-limit fee $39.00
    Late Payment fee $15.00 - up to $100
    $29.00 - $100 up to $250
    $39.00 - $250 and greater











     
     
    Web www.askmrcreditcard.com

     

    Credit Card | Privacy Policy | Terms and Conditions | About Me | Contact Me HACKER SAFE certified sites prevent over 99.9% of hacker crime. Site Meter

    © www.askmrcreditcard.com All Rights Reserved