|
| Credit Card Review |
The CitiBusiness® PremierPass(SM) Card, issued by Citibank, is designed for those who are looking to maintain and manage all business-related expenses with one credit card and plan to take advantage of the reward program.
Through the reward program, cardholders earn three points (two "ThankYou select spend points" and one "ThankYou purchase point") for every dollar spent at certain office supply merchants and on professional services (restrictions do apply). Find your perfect Citibank credit card. One point is awarded for every dollar spent on all other purchases. In addition, when purchasing any airline ticket with the card, one “ThankYou flight point” is awarded for each mile flown. Get detailed information about the CitiBusiness® PremierPass(SM) Card, issued by Citibank . These points can be redeemed for flights on any airline, merchandise, gift certificates, and more.
A maximum of 200,000 points can be earned per year (only 100,000 of these points may be ThankYou flight points), but points do expire in three years if the account has not been active during that time. Apply online CitiBusiness® PremierPass(SM) Card with instant approval. Cardholders also receive 15,000 bonus points after their first purchase, which can be redeemed for a $150 gift card.
Besides the generous reward program, the most exciting benefit of this card is that cardholders receive free, unlimited companion travel when they use the card to purchase airline tickets.
The annual fee for the card is $75, but it is waived for the first year. Citibank makes it easy to choose the credit card that is right for you. The APR for purchases and balance transfers is reasonable for a business card, and there is an attractive 0% introductory rate available on balance transfers for 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 also provides many platinum cardholder benefits that include up to $1,000,000 in travel accident insurance, auto rental insurance, and fraud protection. Cardholders can also take advantage of the various discounts offered at participating merchants and retailers (visit the Citibank website for full details).
Therefore, those business owners who would like to have a card with a reward program and plan to take advantage of the additional services and discounts will benefit most from what the CitiBusiness® PremierPass(SM) Card has to offer.
Most Attractive Feature: Attractive reward program; long term 0% introductory rate for balance transfers.
Least Attractive Feature: Minimum APR cap for cash advances; slightly high annual fee after the first year.
Apply Now For CitiBusiness® PremierPass(SM) Card
|
|
Note: The review
of this CitiBusiness® PremierPass(SM) Card from Citibank was updated on March 21, 2008
*Terms and Conditions
|
|
| Key Card Information |
|
Introductory Rate: |
0% APR for 12 Months |
|
Time Period: |
12 Months |
|
Applied Towards: |
Balance Transfers |
|
APR (Purchases): |
13.74% |
|
APR (Cash Advances): |
22.74% |
|
Finance Configuration: |
Average Daily Balance (including new purchases) |
|
Annual Fee: |
$75** |
|
Additional Cardholders: |
$0 |
|
Grace Period: |
20 Days (Min.) |
|
Minimum Credit Limit: |
n/a |
|
Maximum Credit Limit: |
n/a |
|
Late Payment Fee: |
$15 on balances up to $100; $29 on balances of $100 up to $250; $39 on balances of $250 and over |
|
Over-The-Limit Fee: |
$35 |
|
Cash Advance Fee: |
3%, $5 minimum |
|
Balance Transfer Fee: |
There is no balance transfer fee with this offer* (see site for details). |
|
Annual Fee Details: |
**The annual fee will be waived the first year. Get unlimited cards for employees. |
|
Introductory Rate Details: |
The introductory rate is available on balance transfers submitted during the first twelve months. |
| The Rewards Program
Highlights |
|
Expiration: |
3 Years (Points do not expire as long as the account is active during a 3-year period.) |
|
Yearly Limit: |
200,000 Points (only 100,000 of which may be ThankYou flight points) |
|
Bonus Miles: First Purchase: |
15,000 Points*** |
|
Points per Dollar: |
1 Point |
|
Additional Points: |
Earn 3 points per dollar spent at certain office supply merchants and on professional services; earn 1 point per dollar spent on all other purchases; and earn 1 point for every mile flown on any airline when the airline tickets are purchased using the card. |
|
Point Details: |
Points are redeemable for flights on any airline, merchandise, gift certificates, and more. |
| Additional Highlights of Interest |
|
Special Card Benefits and Features
Various Internet account related services.
Free, unlimited companion travel, no blackout dates.
Access to business-sized credit lines.
Unlimited cards for employees.
24/7 live customer service and online access.
Personal business assistant - make requests 24/7 online or by phone for business information and travel reservations.
Identity theft solutions.
Various travel and emergency assistance services.
No liability for unauthorized transactions.
Fraud and security protection services.
Automatic bill payments.
Auto rental insurance.
Legal referral services.
Medical referral services.
Lost luggage assistance.
Lost and stolen card reporting.
Emergency cash replacement.
Emergency card replacement.
Quarterly and year-end financial statements.
Up to $1,000,000 in travel accident insurance.
Discounts on products and services at participating merchants and retailers.
See website for additional benefits.
Important Notes Regarding This
Offer
The minimum APR for cash advances is 19.99%.
See website for complete terms and conditions of card usage and application disclosure.
|
Apply Now For CitiBusiness® PremierPass(SM) Card
Citi® Professional(SM) Cash Card | Discover® Business Card |
Apply
now for this card