Citi Launches Merchant Network

Friday 29 October 2004 10:40 CET | News

Citi is offering cardmembers of its no-annual fee Citi Dividend Platinum Select MasterCard the opportunity to earn extra cash-back rewards through a new merchant network which enables cardmembers to earn rewards faster -- without spending more.

There is no annual cap on the cash-back amount cardmembers can earn from purchases made through the new Citi Dividend Merchant Network, which includes hundreds of the leading e-tailers, retailers and cataloguers. By shopping through the Citi Dividend Merchant Network, cardmembers earn incremental cash-back rewards -- on average 5%-7% -- on each purchase made online, by phone or in-store at member retailers. In addition, cardmembers continue to receive 5 percent cash-back on all gas, supermarket and drug store purchases as well as 1 percent cash-back on all other purchases; $5 Dividend Dollars for each balance transfer of $1,500 or more; and 1 percent cash-back on all cash advances taken at the standard cash rate -- up to $300 in cash-back rewards earned per calendar year. To earn additional cash-back rewards, cardmembers must first activate the Citi Dividend Merchant Network through account online at Every time they shop online at the site or by phone or in-store at a participating retailer, they earn an average incremental 5%-7% cash-back on every purchase. In addition, gift certificates earn 5 percent cash-back on each purchase up to $2,500. All cash-back rewards are collected and automatically deposited monthly into the cardmembers Citi Dividend Dollars account. The Citi Dividend Card offers rewarding top-level benefits, including: - No annual fee - $0 liability on unauthorized purchases - 0% APR on balance transfers for a full 12 months with no Balance Transfer fee - Free and secure online account management - Auto rental insurance - Emergency travel assistance - Travel accident insurance - Acceptance at 32 million locations around the world - Citi Identity Theft Solutions - Fraud Early Warning gives 24-hour protection from fraud - Lost Wallet Service, which quickly replaces a customers card if its lost or stolen, and also provides the customer with emergency cash (subject to available cash advance limit) To apply for the Citi Dividend Card, consumers can call 1-888-CitiCards or visit Terms and conditions apply.

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Categories: Payments & Commerce | Payments General
Countries: World
This article is part of category

Payments & Commerce