Payment Card News

Home Rebate Card

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Citigroup has introduced a new consumer credit card to the general public that links a rebate feature to the cardholder’s mortgage, regardless of the provider. The “Citi Home Rebate Platinum Select MasterCard” offers a full 1% rebate on all purchases, with no annual or lifetime cap. The card was previously introduced to CitiMortgage customers in January. The card carries no annual fee and 0% interest rate on purchases and balance transfers through November 2004. The go-to APR is prime +6.99%. Citi is inviting consumers to check out its on-line mortgage savings calculator to estimate savings. For more information visit: “http://www.CitiCards.com”:http://www.CitiCards.com

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