Let’s say you have snubbed your nose at the Corporate Machine and vowed to live a life of noble financially modesty, swearing off debt, and denouncing materialism. But you still need a job, right? You’ll probably need a good credit score to qualify. And yes, you want to live a minimalist life, but you’ve got to have cable. I mean,...
|Signing Promotion||Earn $100 cash back after $500 in purchases within the first 3 months of account opening.|
|Annual Fee||No Annual Fee|
|APR, Variable||After the promotional period, the variable APR will be 12.99% - 22.99%, based on your creditworthiness|
|Cash Advance APR||25.24%|
|Intro APR Promotions||0% Intro APR on purchases for 12 months|
Earn a full 1% cash back on eligible purchases
Earn bonus cash back in popular categories such as department stores, hotels, home improvement and more. Enrollment required.
Earn an average of 5% bonus cash back through the Citi Bonus Cash Center, a network of over 400 merchants in-store and online.
No Annual Fee
Online Services, including account management, online-only statements, account activity, and faster payments
See card issuer's website for details about terms and conditions of offer.
Limited CreditLearn how to build credit
- No annual fee
- 0% APR for 12 months on both purchases and balance transfers
- Robust cash back rewards program
- Cash back rewards are given in only $50 increments
- $300 cash back limit on 5% bonus categories
- Cash back categories are not published before each quarter when categories change.
The Simple Dollar’s Review
The Citi® Dividend Platinum Select® Visa® Card is an excellent card for those who desire a solid cash back rewards program. While gaining approval for this card will necessitate an average or above average score, once you are approved, the perks are aplenty. For one, this card has no annual fee, which is fairly rare among rewards cards. The 12-month introductory 0% APR for both purchases and balance transfers is another enticing feature.
What makes this Citi card a competitor among cash back rewards cards is the 5% cash back bonus on select categories — a higher percentage rate than standard rewards offers. Keeping track of quarterly categories is doubly important with this card, since the percentage cash back is so high. At the same time, though, the Citi® Dividend Platinum Select® Visa® Card has a few limitations hidden in the fine print. For one, cash back bonus rewards on the 5% categories are capped at $300 yearly. Another disadvantage is that, unlike most cash back cards, this card’s issuer does not publish the bonus categories beforehand.
Despite these limitations, the Citi® Dividend Platinum Select® Visa® Card offers a website with several, very convenient features. For one, you can request a credit limit increase completely online. The site also generates one-time virtual account numbers, which you can use to prevent fraud and identity theft when purchasing items online.
Let's cut to the chase: compulsive shopping and credit card addiction are genuine problems, and they're more common than you may think. If you suspect that you suffer from a compulsive shopping and/or credit card addiction, it's important that you understand two things: You are not alone. There is a way out. This article isn't a substitute for professional counseling, but if...