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Citi Dividend Platinum Select Card $100 Cashback Bonus

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Credit card issuers seem to be getting more competitive with offers lately, and Citi has recently decided to increase their latest bonus. For a limited time only, the Citi® Dividend Platinum Select® Card will be offering $100 cash back after making $500 during the first three months of card ownership. I’ll review the Citi® Dividend Platinum Select® Card rewards program again.

Citi® Dividend Platinum Select® MasterCard® - Limited Time Offer $100 cash back - Private AffiliatesAll cardholders of the Citi® Dividend Platinum Select® Card will earn 5% cash back on rotating categories throughout the year and 1% cash back on all other purchases. From July 1 through September 15, these are the 5% cash back categories:

  • Hotels
  • Airlines
  • Car Rentals

With Citi, there is a cap of $300 cash back that can be earned every year, and when a cardmember reaches that point, all her future purchases will not receive cash back. That makes this card a great option for most of the year, but there is a need to monitor cash back as it’s earned each month. The initial $100 cash bonus does not count toward the annual limit, and 5% cash back can be earned without a limit through the Citi Bonus Cash Center®. The cash back earned never expires as long as the account remains in good standing.

The variable purchase APR on the Citi® Dividend Platinum Select® Card is 12.99% to 22.99% and it’s dependent on credit history. The cash advance APR is a high 25.24% and the default APR is a very high 29.99% so it’s extremely important to keep balances under the credit limit and always pay the bill on time and in full. Because Citi has increased the initial bonus amount, there is no introductory rate provided but on the positive side, this card doesn’t carry an annual fee.

An initial cashback amount of $150 is a good deal, especially considering new members need to spend only $500 to achieve it. Citi hasn’t indicated how long this deal will last, so if you’re interested, consider signing up for the Citi® Dividend Platinum Select® Card soon.

Updated June 29, 2012 and originally published June 22, 2011. If you enjoyed this article, subscribe to the RSS feed or receive daily emails. Follow @ConsumerismComm on Twitter and visit our Facebook page for more updates.

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About the author

Luke Landes, also known as Flexo, is the founder of Consumerism Commentary. He has been blogging and writing for the internet since 1995 and has been building online communities since 1991. Find out more about him and follow Luke Landes on Twitter. View all articles by .

{ 4 comments… read them below or add one }

avatar Financial Success for Young Adults

Everytime I see a card bonus like this I think of Thousandaire. He likes to get the bonus from these types of cards even if he decides not to use them. My only issue is the extra charges that get passed on to the merchants and the consumer from these types of bonus cards. I’d like to see more stores doing bonuses for spending cash instead of swiping.

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avatar Brian

Stores can’t offer bonuses for spending cash instead of swiping because it would violate their merchant agreements with the credit card companies.

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avatar skylog ♦368 (Nickel)

well…that stinks. i recently got this card, and the bonus, but i somehow feel cheated since they increased it by $50.

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avatar Aaron

Looks like a killer deal. Probably smart to get this one before it dissapears.

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