Citi® Dividend Platinum Select® Card for College Students Issued by Citibank
	Overall Rating Benefit Rating	Special Offer: 0% APR for 6 Months and is applied to Purchases, Balance Transfers, Cash Advances. APR (Purch): 12.99% Annual Fee: $0 Category: Student
Review
The Citi® Dividend Platinum Select® Card for College Students, issued by Citibank, is a cash back credit card designed specifically for students. Through the reward program, cardholders earn a 5% cash back rebate on purchases made at supermarkets, gas stations, drugstores, convenience stores, and utilities including cable for six months and 2% thereafter, and they earn a 1% cash back rebate on all other purchases as well as on cash advances and convenience check transactions taken at the standard cash advance rate. Cardholders will receive $5 Dividend Dollars for each balance transfer transaction of $1,500 or more. Cardholders can also earn an average of 5% cash back on purchases made through the Citi Dividend Merchant Network. The rebates earned on purchases through the Citi Dividend Merchant Network are unlimited, but the rebates earned on all other purchases are subject to a $300 maximum per year. A $50 check will be issued upon request once $50 Dividend Dollars have been earned. This card has no annual fee, but it does have a reasonable interest rate for purchases (for a student card). However, there is a 0% introductory rate that applies to all transactions for the first six months (a rare benefit for a student card). It is important to understand 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 offers several platinum benefits and services such as up to $1,000,000 in travel accident insurance, lost and stolen card reporting, and identity theft solutions. However, it is the reward program that proves to be the best benefit available to cardholders. Therefore, students who can afford to pay in full each month after the introductory rate expires (to avoid finance charges) and plan to spend enough to take advantage of the rebate program will benefit most from what the Citi® Dividend Platinum Select® Card for College Students has to offer. Those who plan to spend less on the credit card or plan to carry a revolving balance may want to consider a credit card with a lower interest rate.
Review Date: 12/3/2008
Most Attractive Feature(s): 2% cash back reward program; no annual fee; 0% introductory rate for all transactions.
Least Attractive Feature(s): Minimum APR cap for cash advances.
Additional Perks
Various Internet account related services. Build your credit history. Identity theft solutions. Optional personal photo on card. Fraud and security protection services. Lost and stolen card reporting. Emergency cash replacement. Emergency card replacement. Automatic bill payment. No liability for unauthorized transactions. Up to $1,000,000 in travel accident insurance. Access to credit education tips and tools. See website for additional benefits.
Important Notations
No minimum income or cosigner required. The minimum APR for cash advances is 19.99%. See website for complete terms and conditions of card usage and application disclosure.
Note: The review on this card was updated on 12/3/2008. The review is believed to be accurate during the update, however, information posted may have changed since the update. We strongly suggest that you carefully read the Terms and Conditions statement that accompanies the credit card application. Credit card review information is provided by CardOffers.com, Inc.