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Citi® Platinum Select® MasterCard® Review
Issued by CitiBank
  
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Overall Rating:
Benefit Rating:
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The Citi® Platinum Select® MasterCard®, issued by Citibank, is designed for those with good credit who would like to take advantage of the various standard services and benefits provided by Citibank.
This card has a reasonably low interest rate for purchases and balance transfers, no annual fee, and an attractive 0% introductory rate that can be applied toward purchases and balance transfers for up to twelve months.
It is important to note that there is a minimum cap for cash advances; so no matter how low the Prime Rate falls (the APR is tied to the Prime Rate), the interest rate will not go below the minimum cap.
The card does provide several platinum cardholder benefits that include auto rental insurance, fraud protection services, and up to $1,000,000 in travel accident insurance. However, there are no extraordinary benefits or services specifically available to cardholders in comparison to some other platinum credit cards.
Therefore, those who plan to take advantage of the introductory offers and the services provided will benefit most from what the Citi® Platinum Select® MasterCard® has to offer.
This card has a reasonably low interest rate for purchases and balance transfers, no annual fee, and an attractive 0% introductory rate that can be applied toward purchases and balance transfers for up to twelve months.
It is important to note that there is a minimum cap for cash advances; so no matter how low the Prime Rate falls (the APR is tied to the Prime Rate), the interest rate will not go below the minimum cap.
The card does provide several platinum cardholder benefits that include auto rental insurance, fraud protection services, and up to $1,000,000 in travel accident insurance. However, there are no extraordinary benefits or services specifically available to cardholders in comparison to some other platinum credit cards.
Therefore, those who plan to take advantage of the introductory offers and the services provided will benefit most from what the Citi® Platinum Select® MasterCard® has to offer.
Review Date: August 20, 2008
Note: The review on this card was updated on August 20, 2008. The review is believed to be accurate during the update, however, information posted may have changed since the update. We strongly suggest that you carefully read the Terms and Conditions statement that accompanies the credit card application.
| Credit Card Rate Details | |
Intro Rate (Intro APR):
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0% APR for up to 12 Months |
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Intro Applied Towards:
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Purchases, Balance Transfers |
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Additional Intro Details:
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The introductory rate is available on purchases and balance transfers for up to twelve months. |
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Purchase APR:
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As low as 8.49% (Variable) The APR for purchases is based on the Prime Rate. |
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Cash APR:
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19.99% (Variable) The APR for cash advances is based on the Prime Rate. There is a minimum APR on cash advances. |
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Finance Configuration:
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Average Daily Balance (including new purchases) |
| Credit Card Fee Details | |
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Annual Fee:
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$0 |
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Additional Cardholders:
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$0 |
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Grace Period:
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20 Days (Min.) |
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Late Payment Fee:
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$15 on balances up to $100; $29 on balances of $100 up to $250; $39 on balances of $250 and over |
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Over the Limit Fee:
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$39 |
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Cash Advance Fee:
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3%, $5 minimum |
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Balance Transfer Fee:
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A balance transfer fee applies with this offer* (see site for details). |
| Features | |
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Most Attractive Feature(s):
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| Long term 0% introductory rate; reasonable APR for purchases; no annual fee. | |
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Least Attractive Feature(s):
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| Minimum APR cap for cash advances. | |
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Additional Features:
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| Various Internet account related services. Reports to all major credit bureaus to help you establish your credit history. Citi Identity Theft Solutions. $0 liability on unauthorized purchases. Secure, free online account management. Up to $1,000,000 in travel accident insurance. Auto rental insurance. Fraud and security protection services. Lost wallet service. Lost and stolen card reporting. Emergency card replacement. Emergency cash replacement. Optional personal photo on card. Various travel and emergency assistance services. Medical referral services. Legal referral services. See website for additional benefits. |
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Important Notations
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| The APR for purchases and balance transfers varies according to the applicant's credit history and will be 8.49%, 12.49%, or 16.49%. See website for complete terms and conditions of card usage and application disclosure. | |
| Additional Information | |
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Apply Online for the Citi® Platinum Select® MasterCard® from Citibank See other Regular Credit Cards See other Credit Cards Issued by CitiBank See other MasterCard Credit Cards |
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