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NerdWallet > Rewards Credit Cards > Citi® Dividend Platinum Select® MasterCard - Limited Time Offer $150 Cash Back

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Citi® Dividend Platinum Select® MasterCard - Limited Time Offer $150 Cash Back
Citibank Dividend+Platinum+Select Credit Card

(3.5/5 - 129 Votes)
Net Annual Rewards
$266
of Cash
Reward Rate
1.00%
Annual Fee
$0
Signing Promo
$100 Cash Bonus after spending $500 - within the first 3 months.
APR, variable*
Min APR:
12.99%
Max APR:
20.99%
Default:
29.99%
Cash Adv:
25.24%
Intro APR Promotions
Purchase:
None
Transfer:
None
Summary
  • LIMITED TIME OFFER - $150 cash back after $500 in purchases within the first 3 months of account opening
  • 5% cash back on airlines, hotels and car rentals 7/1/11 to 9/30/11. Enrollment required.
  • Full 1% cash back on eligible purchases and cash advances.
  • No Annual Fee*

Compare To Our Most Popular Cards For The Category

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Compare To Blue Cash Preferred℠ Card from American Express

Why do we think you should consider this card?

Earn $150 cash back after spending $1,000 in eligible purchases in the first 3 months of Cardmembership

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Reward Details & Calculator

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Rewards Type: Cash

Signing Promotion
($100)/2 yrs
$50
Estimated Annual Rewards
$21,600 * 1.00%.
Cash Rebate is limited to $300 per year
$216
Annual Fee, 2 yr avg
$0
Annual Rewards (Rewards less Fees)
$266

Details

  • Earn 1% on purchases
  • 5% back in categories that rotate each quarter, with opt-in required
  • This is not factored into our rewards calculation, similar to rotating 5% offers from Freedom and More
  • Earn 2% for the first 6 months

Calculate Interest & Finance Charges

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Use the sliders to the left to calculate balance transfer interest and APR interest for this particular card.

Finance Charge, Balance Transfer of $10,000*

Balance Transfer Fee, 3.0%
$300
APR, 24 months
$3,037
Total
$3,337

*Average APR for Balance Transfers of 14.5% includes transfer fees and APR promotions.

Effective Annual Rate, Purchases

Promo EAR, 0 months
0.00%
Ongoing EAR, 24 months
13.79%
Total EAR, 24 months
13.79%

APR Rankings

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Balance Transfer Fee
3%
ranks #905 out of 1639 cards.
Average is 1.67%.
Cash Advance APR
25.24%
ranks #888 out of 1002 cards.
Average is 18.74%.

Rewards Rankings

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Annual Fee
$0
ranks #1 out of 1773 cards.
Average is $9.
Base Reward Rate
1%
ranks #69 out of 963 cards.
Average is 0.99%.
Effective Reward Rate
1%
ranks #187 out of 958 cards.
Average is 1.04%.
Sign-up Bonus
$100
ranks #61 out of 1762 cards.
Average is $33.
Credit Card Review: Citi® Dividend Platinum Select® MasterCard - Limited Time Offer $150 Cash Back


Author:
TIM

If you are carrying a balance and want to earn rewards, Citibank Dividend Platinum Select would be one of the better cards to choose, especially if you shop through Citi Bonus Cash Center (don’t forget to sign up for the rotating bonuses!).  However, if you are not carrying a balance and do not shop at the Bonus Cash Center, then there are other cards out there that offer better rewards rates.  Check those out here.

This card has a rotating 5% cash back bonus system, and 2% on all other purchases for the first 6 months, which sets it apart from the typical 1% cash back card.  You have to remember to enroll in the plan every quarter, otherwise you won’t receive the extra percent.  Be aware that there is cap of 300 “dividend dollars” that you can accumulate each year.  If you shop through Citibank with their bonus cash center, you can get up to an additional 5% rewards!  The rewards earned here are not subject to the 300 cap.

A comparable card would be Chase Freedom, which offers a 5% rotating cash back system, but has a higher APR and fewer number of months with the introductory 0% APR.

Another very similar card is the Discover More, also with rotating 5% categories. The More comes in 3 varieties, one good for balance transfers (0% for 18 months on balances, 0% for 6 months on purchases), one for purchase APR (0% for 12 months on both balances and purchases), and one with $100 cash back (0% for 6 months on purchases and 0% for 12 months on balance transfers).

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