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Posted on April 1, 2006 by creditwisdom | Posted under Finance
The Key Features And Advantages Of Citi Drivers Edge
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The Citi Drivers Edge Card enables the cardholders to save money from the very beginning, as it charges no annual fee. The best part of the scheme is that you do not have to pay any annual fee even for the rewards you earn. The card offers a reasonable interest rate of 14.24 percent for purchases. For balance transfers made within the first twelve months, there is this special APR of 0% for the initial twelve billing cycles. At the end of the introductory period, APR for balance transfers also rise 14.24%. The Benefits With this card you can bag great rebates on the purchases you make. Suppose you make purchases from the gas station, a grocery store or drug house, then you can earn 6 percent rebate. Nevertheless, the facility of earning the 6 percent rebate is limited to the initial twelve months. After the termination of the one-year period, you get a rebate of 3 percent on these select purchases. You can also earn drive rebates at the rate of $0.01 per mile driven. You can earn up to $500 of Drive Rebates in a year; the total amount of rebate that you can earn using this card in a year cannot simply exceed $1000. Let your rebates build up until they reach a sizeable figure and then you can use them to pay for the service and repairing charges of your car. You can also use the rebates for purchasing or leasing domestic or foreign cars; only remember to use your rebates with 5 years or your rebates will expire. You can redeem a rebate of $5000 for a vehicle. The Citi card gives you access to the Thankyou Redemption network, which enables you to use your rebate for merchandise or other products from those retailers who are member of the CitiBank network. The card enables you to have prompt access to the account online and check for account information or pay your bills. The Extra Benefits The Citi Drivers Edge card allows the users to have easy access to the account related services. You can also avail the travel and emergency assistance services, emergency cash and card replacement services, medical referral services and auto rental services. The cardholders can also get up to $100000 in travel accident insurance. You can also get discounts for auto rentals. Being a Citi Drivers cardholder, you can have your photo pasted on it. The most crucial benefit is that there is no liability for unauthorized transactions. About The Author: Credit-Wisdom.com Provides Expert opinions and reviews to help you Compare and Apply for a Credit Card - Compare Credit Card Offers with Credit-Wisdom.com - Unraveling the best in Personal and Business Credit Cards. This months card is the American Express Blue. |
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