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People are always looking for low annual percentage rates on credit cards. So it’s always a bonus if they can avoid paying any interest at all.
Between now and August 30, 2010, individuals who apply for a Citi Platinum Select Mastercard will reap the benefits of 0% APR on all purchases and balance transfers until October 1, 2011. For balance transfers to qualify for the 0% rate, they must be posted to your account by October 1 of 2010. Balance transfer fees of 3% (with a minimum fee of $5) will be assessed.
In addition, new cardmembers will receive $30 in free purchases. Once cardholders spend that amount within the first three months of getting their card, Citi will credit them $30 on their billing statement.
In addition, Citi gives cardmembers the opportunity to earn Extra Cash bonus dollars whenever they use their cards. After being approved, Citi will start new account holders off with 100 dollars in Extra Cash.
There is no annual fee for the Citi Platinum Select Mastercard. It’s one of the lengthier 0% APR promotional offerings on the market today.