Citibank’s line of credit card products are well-known for having some of the best balance transfer credit cards available, especially for cards that also feature a rewards program. The Citi ThankYou® Preferred Card – Earn 20,000 Bonus Points offers new cardholders a way to earn 20,000 bonus ThankYou® Points after members make $1,500 in card purchases during the first three months of account opening. Those points can be redeemed for a choice of $200 in gift cards from leading national merchants or other rewards.
The Citi ThankYou® Preferred Card – Earn 20,000 Bonus Points currently offers a 0 percent introductory APR on balance transfers and purchases for 12 months. After that, the variable APR will be 12.99-22.99 percent based upon your creditworthiness.* With this offer, there is a balance transfer fee of either 3 percent of each balance transfer or $5, whichever is greater. There is no annual fee.*
With a low introductory APR on balance transfers and purchases, solid rewards program, global acceptance with Chip Technology and no annual fee, the Citi ThankYou Preferred Card – Earn 20,000 Bonus Points has a little of everything. When shopping around for a new credit card, consider the Citi ThankYou Preferred Card – Earn 20,000 Bonus Points.
*Check the issuers application page for terms and conditions and additional information before you apply.
Updated January 15, 2014 and originally published January 28, 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.