Citi Puts A Dividend in this Platinum Card $200 Cash Back Offer
The latest promotion from Citibank comes a Dividend World MasterCard that after spending $500 in purchases you can now earn $200 Cash Back within the first 3 months of the account opening! In addition to enjoying cashback on all purchases and eligible cash advances, there is also no annual fee. If you do not expect to spend $500 in the next three months and maybe only spend around $500 with this card you can get a $100 cash back offer below on the traditional Dividend Card. 5% Cash Back on Fitness for the New Year!
| Citi® Dividend Platinum Select® Visa® - $200 Cash Back |
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- $200 cash back after $500 in purchases within the first 3 months of account opening
- 5% cash back on fitness club, health care, and utilities purchases from 1/1/2012 to 3/31/2012 upon enrollment.
- Each quarter, you can enroll to earn additional cash back in popular categories.
- 5% average cash back at select merchants through Citi Bonus Cash Center
- Full 1% cash back on all other purchases and eligible cash advances.
- No annual fee*
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There is not much to get excited about with the re-launch of the Citi Dividend Platinum credit card. The only thing we can jump up and down about would be the personal savings you could make off of paying utility bills with this card. The Citi Dividend Card gives you less cash back than the original card in one way but gives you more in some services. The Citi Dividend Platinum Select Card now pays you for utilities at 2% cash back which makes it worthwhile to place somewhere safe and leave out of your wallet for these charges. The 2% back on supermarkets, gas, and pharmacy purchases should be bought with a 5% back card. You could get 5 points per dollar spent with the Citi Diamond Preferred.
My advice: Keep the card for 6 months for the 5% savings on your cable bill and electricity bill savings which can be steep during the summer months. This is the only card I found to save you this huge amount on an electricity bill (utility). Cancel the card after 6 months or keep the card for the 2% just on electricity and cable/internet which can amount to big savings.
Balance Transfer Fee: There is now a balance transfer fee with this offer. Hopefully Citibank will figure out they need to bring back the cards that offer no bt fees.
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