If you’re into earning extra rewards like free flights or cashback, then you’re in luck because that’s exactly what’s on offer with the Citi Platinum credit card. For every dollar you spend you’ll get 1 point, capped at 10,000 points per statement period. But, the good news for travellers and online shoppers is you can earn unlimited points on eligible international vendors.
Considering all that rewards value, the annual fee of $149 is fairly competitive, plus for the first year you’ll only have to pay $49. That’s saving you a whole $100, pretty neat. And, if you spend $24,000 in a year, you can also snag a 50% discount on the regular annual fee of $149 for the next year.
You’ll also be able to have an additional 4 cardholders on the card, meaning you can divide the account between your partner or family. But before you go handing out extra cards to your brother and his dog be aware that each extra card costs $90.
Having your purchases instantly incur interest can be a tad confronting, so the up to 55 interest free days gives you that little breathing room. But if you do miss a payment you’ll be only be hit with a $10 late payment if this mild slip up does happen you won’t be slapping your forward head too hard.
There are two options to choose from with this card:
The Citi Platinum Balance Transfer Offer gives you 26 months of 0% interest to pay off existing debts before rising to a revert rate of 21.74%. Just keep in mind there is a 2.50% BT fee to consider.
If you choose the Citi Platinum Bonus Points Offer, you can earn up to 200,000 bonus points on the Citi Platinum card. How? Well, as long as you spend $1,000 in the month, you can earn up to 10,000 bonus points each month for 20 months. Not too shabby! This card also comes with a 0% balance transfer offer for 12 months, and no BT fee.