0 Intro Period Best Card No Balance Transfer Fee

Citi® Dividend Platinum Select® MasterCard Credit Card Review

Over the years, the Citi Dividend Platinum Select MasterCard has made slight changes to its features including its cash back structure, account opening bonuses, and introductory offers, but it remains one of the well-acclaimed cash back credit cards with no annual fee.

Citi® Dividend Platinum Select® MasterCard Details

Currently, there are two special introductory offers are available to new customers.

Offer #1:

No annual fee. 0% Intro APR on balance transfers for 15 months. 0% Intro APR on purchases for 7 months. Variable APR of 12.99% to 20.99% after intro periods. Earn 5% cash back on quarterly rotating categories. Earn 2% cash back on all purchases for the first 6 months, 1% thereafter. Earn 5% unlimited cash back when shopping through the Citi Bonus Cash Center.

Offer #2 (expires 3/31/11):

$100 bonus cash back after spending $500 in the first 3 months. No annual fee. 0% Intro APR on purchases and balance transfers for 15 months. Variable APR of 12.99% to 20.99% after intro periods. Earn 5% cash back on quarterly rotating categories. Earn 1% cash back on all purchases. Earn 5% unlimited cash back when shopping through the Citi Bonus Cash Center.

Cardmembers can earn a maximum of $300 cash back in any single calendar year. Cash back dollars must be redeemed in $50 increments and do not expire unless there is no card activity for 12 consecutive months.

Card Analysis

For the first offer, it is disappointing sight when 0% APR introductory periods for purchases are shorter than 12 months. The Citi Dividend Platinum Select MasterCard only offers this period for 7 months, which used to be the traditional 12 month introductory period. In exchange for a short intro period for purchases, a 0% introductory APR on balance transfers for 15 months makes the Citi Dividend Platinum Select MasterCard great credit card for consumers who want to consolidate their debt.

The second offer pays $100 bonus cash back and the 0% Intro APR lasts for 15 months for both purchases and balance transfers, which makes it amazingly attractive.

To earn the 5% bonus cash back on quarterly rotating categories, you have to sign up for the program every quarter. Cash back can only be redeemed in $50 increments, which turn out to be a slight inconvenience to some cardholders.

Overall, the Citi® Dividend Platinum Select® MasterCard is ideal for the consumer who has decided to consolidate their debt with the intention of paying it off within the next year, while remaining diligent in paying off their purchases every month because that’s how cardholders get the most out of their cash back credit cards.

Miles By Discover Credit Card Review – 12k Bonus Miles

For the first year you own this card, by making at least one purchase a month with the card, you will receive 1,000 bonus miles each month. This is a great signing bonus for new sign-ups as it means you will get 12,000 miles for free simply by making at least one purchase a month with your Discover Miles card! 12,000 miles is equivalent to a $120 travel credit, if you choose to redeem your miles for travel.

0% introductory APR on balance transfers You will also benefit from having a 0% introductory APR on all your purchases for the first 6 months you own the card. After those 6 months, you will have to pay the regular APR , which starts at 10.99% if you have a very good credit score. Remember that even though you’re in an introductory period and your APR is 0%, you should still make all your payments on time.

Receive 2 miles for every $1 spent on travel and restaurants. For the first $3,000 you spend a year on travel and restaurants on this card, you will receive 2 Miles for every $1 you spend on these categories. This is a very good deal if you travel often or if you eat out often. Many other no-fee travel rewards cards don’t have a double miles offer at all.

Receive 1 mile for every $1 spent on other purchases . This is a good benefit to have because in many other travel rewards cards, miles expire after a certain period of time, but for this card you will not have to worry about redeeming all your miles as soon as you can, because your miles will not expire as long as your account is active within a 36-month period.

No cap to the number of miles you can earn. You can redeem your miles for airfare or reduced airfare on most major U.S.-based airlines with no blackout dates. Another advantage you have with this card is that you can use your miles for more than just traveling; you can also redeem them for cold hard cash, gift cards or merchandise. If you like cash, 5,000 miles can be redeemed for a $25 deposit into your bank account.

To redeem for a travel credit, you have the freedom to book any airline, any flight, any hotel, cruise, vacation package, car rental with any travel provider or any travel website. Just make sure you pay with your Miles card when booking your flight, and redeem for travel credits when the transaction is posted to your account. Remember to call 1-800-DISCOVER (1-800-347-2683) to redeem when you see the transaction on your account! For travel rewards, 10,000 Miles can be redeemed for a $100 travel credit to your account toward a travel purchase.