Credit cards are quite popular; with people owning more than one. Credit cards are versatile and are used in all sorts of places- stores, gas pumps, restaurants, hotels, airline booking counters besides others. They are read by ATMs, store readers, banks and computers. Credit card gives you financial freedom to make your purchases using a loan given to you by the finance company. You are allowed to buy goods worth a certain limit.
It is only after a month that the company will start charging you an interest on the money that they have loaned you. This interest is usually heavy, around 19%, which does make some weary of using these cards. Credit card companies offer freebies to attract customers; which cover airline tickets, discounts on merchandise, holiday packages, fuel recharges and more. A credit card can save money and time if used carefully. Beware of credit card fraud over and outside the web. There are several cards and credit card plans that you can choose. Here are some of the specifications of Citi® Dividend Platinum Select® Visa® Card.
- $ 100 cash back: Within the first 3 months of account opening you get $100 cash back as a reward after a purchase of $ 500.
- Get 5% cash back: Using this credit card will offer you 5% cash back from Citi at rotating categories with enrollment.
- Enroll at no cost: At every quarter you can enroll for new categories at no additional cost which will help you to earn additional cash back.
- Avail 1% cash back: Get complete cash back of 1% on all type of purchases and qualified cash advances.
- Purchase APR: For initial 12 months you get 0% Intro APR on all purchases. Later you get a variable APR consorting from 12.99%-22.99%, based on your creditworthiness.
- Balance Transfer APR: For 12 months you will get 0% Intro APR on Balance transfers. Once your intro period is over you get a variable APR ranging from 12.99%-22.99%, depending up on your creditworthiness.
- Balance Transfer fees: You get 0% Intro APR for 12 months later usually you are charged $5 or 3% of the entire amount you transfer.
- Annual fees: There is no annual fees for this card.
- Maximum over limit fees: There is no over limit fees charged on your credit card.
- Maximum penalty APR: The max penalty APR you are charged is 29.99%.
- $0 Liability on Unauthorized Charges: You can shop anywhere and you will don’t have to pay a single penny for unauthorized charges as you get an offer of 0% liability on unauthorized charges.
Benefits of Citi® Dividend Platinum Select® Visa® Card
Citi® Dividend Platinum Select® Visa® Card comes with a series of rewards for customers. You are given freedom to repay money at any time of the month. The payment can be made in full or a minimum amount every month. Warranty on the goods that you purchase with your card gets extended by a year.