Even with a struggling economy, credit card issuers continue to increase initial bonus offers to entice new customers. Today, it’s Citi’s turn and for a limited time only, they will be offering a $300 cashback bonus on the Citi® Dividend World® MasterCard®. The $300 cashback bonus is the LARGEST bonus available on a consumer credit card that does not charge an annual fee and it’s not the only reason you will want to give Citi your business.
Let’s first start with the $300 cash back offer. To obtain it, you must spend $5,000 in the first three months of card ownership. Now, you might be thinking that’s a lot of dough to spend in a short time-frame and you’re right. This bonus offer is not ideal for a casual credit card user however if you have a big purchase planned or can pay your mortgage, student loan or auto loan with your credit card, the $5,000 can easily be obtained.
The Citi® Dividend World® MasterCard® also includes a 5% cash back rewards program on rotating categories every quarter and 1% cash back on all other purchases. The 5% cash back categories are currently:
- Car Rentals
These categories will last until September 30th, at which point you will have new 5% opportunities. There is a maximum of $300 cash back that can be earned each calendar year but that does NOT include your initial $300 cash back bonus. Thus, in the first year of owning the Citi® Dividend World® MasterCard®, $600 cash back can be earned. All cardholders will receive a purchase APR of 15.99% – 22.99% variable, depending on credit history and there is no annual fee charged on the Citi® Dividend World® MasterCard®.
The $300 cash back offer is available for a limited time only, on a group of very select websites so the time to act is now if you can meet the $5,000 spend requirement. To fill out an application or find out more about this offer, visit the secure application page for the Citi® Dividend World® MasterCard®.
Published or updated January 16, 2012.