June 5, 2007

Details Of The Citi Dividend Platinum Select Card For College Students Application

Credit Tip! For general use, have just one credit card. Keep the credit limits low and in control.

The Citi Dividend Platinum Select Card for College Students can be one of the best moves that you make. With a bank like Citi, you get the unparalleled support of a credit network willing to provide you with the best possible options. This credit card is designed for the college student with decent credit that is looking for a cash back option in funding. Students can take full advantage of the opportunities here.

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Details Of Card

The Citi Dividend Platinum Select Card for College Students provides for a good level of interest which is relatively low for a student credit card. You first get six months of 0% interest on purchases, on balance transfers and on cash advances. Then, your APR becomes 17.99% on purchases and 22.99% variable on cash advances. Another benefit is the method of calculating your charges. They use the average daily balance method which allows for less expense if you will be carrying a balance on your credit card. Yet another benefit is the unusual no annual fee on this student credit card.

The Rewards Of Use

The Citi Dividend Platinum Select card for College Students offers some nice rewards. You will earn between 1% and 5% cash back. You will earn 5% on purchases at supermarkets, gas stations and drugstores. You then get 1% on other purchases as well as on cash advances and convenience check transactions. If you transfer a balance of $1500 or more, you get $5 in Dividend Dollars per transaction. When the rebate time comes, you can request it as soon as you hit $50 in reward dollars at which time you will be able to request a check. You do have a yearly limit of $300 in rebates.

Credit Tip! Build credit rating Credit cards are a good way to establish your credit worthiness in the market. Based on whether you make timely payments or default on them, the credit card companies maintain your history and build your credit rating over a period of time.

The Citi Dividend Platinum Select Card for College Students allows for a fair amount of reward for use of this low interest rate credit card. The cash back benefits are somewhat hard to find elsewhere in a student credit card format, making this a great choice for college students.

For more information or to apply for the Citi Dividend Platinum Select Card for College Students, Beth Derkowitz recommends Find Credit Cards.

Filed under Credit Cards by allenjesson