FIRE Finance: Citi Cash Returns Card - 5% Cashback on ALL Purchases!

Citi Cash Returns Card - 5% Cashback on ALL Purchases!

Edit Post Saturday, September 29, 2007

Citibank has introduced a "hot" credit card, "The hot attraction is a Citi Cash Returns Card. "5% cash back on ALL purchases for 3 months! Which means that if we have some big purchases coming up for the holiday season, this is the card to root for.

For example, if our total planned expenses in the months of November and December is to the tune of $3000 then we shall charge it to this card. Why? Simple, a 5% cash back means we will get back $150! Now let's see what else is there on this deal.

Deal & More Details
5% cash back on all purchases for 3 months
1% cash back on all purchases and cash advances after the first 3 months
No Annual Fee
No Limit and No Expiration on the amount of cash back you can earn
Checks will be sent automatically every time you earn $50 - no calling necessary
0% APR on balance transfers for 12 months
Average 5% additional cash back when shopping through the Citi Bonus Cash Center with over 400 leading retailers

Not pleased with the 1% cash back after 3 months? If you are looking for a better rewards credit card which also offers a cool sign-up bonus check out our recent list of "Hot credit card sign up bonuses."

We are looking forward towards reading your opinions or experiences about this great offer from Citibank.

Anonymous said...

Caution: According to the Citi Card customer service reps, this offer (5% cash back on all purchases for the first three months) applies only if you sign up online. If you apply for the Citi CashReturns card over the telephone, you receive only 1% cash back. None of the online ads for this card explain this catch, however.

FIRE Finance said...

Thanks for this valuable feedback!

WARNING. BIG CATCH. This is only for new accounts with Citi Credit Cards.

If you have or had an account with Citi, you will not get the 5% offer.

But of course, they don't tell you that when you sign up.

One more case of misleading advertisement.

YMMV or you're quite wrong about the new customers only part. Both I and my wife had pre-existing active cards and we both enrolled in back-to-back 3 month periods.

@Anonymous:
We have opened this card and we have existing Citi Credit Cards. So this deal does NOT need us to have new accounts with Citi Credit cards.
What we feel might have happened is that they need us to be new CITI Cash Return Card account holders.

Does anyone know where you can get a list of the 400 Retailers for Citi Cash Returns Card with5% cash back for 3 months. I can't find anything on their website.

they are CHEATING big time.. they offered me 0% APR on purchases and balance transfers for first 7 months. so i spent 3000$ for my school fee and in my second statement they have charged me with interest rate for all my purchases and i talked with the customer care center for an hour and they said i have 0% apr only for balance transfer and not for purchase. they are asking me to send the letter that i received 2 months back which ofcourse with all my luch i trashed it as soon as i got the card... da most useless credit card i have used so far....

Citi Cash Returns Card - 5% Cashback on ALL Purchases!

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