Citi® Upromise® Card
Card issued by Citibank

Most Attractive Feature: Long term 0% introductory rate; college savings reward program; no annual fee.

Apply online for this card or
read on for a full review of all the features.

The Citi® Upromise® Card, issued by Citibank, is designed for those with good credit who plan to take advantage of the college savings reward program.

Upon enrollment in the Citi® Upromise® reward program, cardhol_ders earn a 10% savings on select purchases of over 7,000 grocery and drugstore items, a 2% savings on gas purchases at Exxon and Mobil locations, and a 1% savings on all other purchases. Accrued rebates are invested in a tax-advantaged college savings plan, which is managed by top investment firms. The maximum rebate amount that can be accumulated per year from the 1% college savings is $300. Savings earned from the 10% college savings on grocery and drugstore items and the 2% college savings on gas purchases are unlimited.

Upromise® is a free service that helps cardhol_ders save for college through their everyday purchases. Many reputable companies participating in the Upromise network give cardhol_ders back a portion of their eligible spending as college contributions that they can invest in a tax-advantaged college savings plan. By shopping at these participating companies and using the Citi® Upromise® Card, the cardhol_der will get the maximum benefit towards college savings.

The card has a reasonable interest rate for purchases and balance transfers as compared to other reward cards. In addition, the card has no annual fee, and it offers an attractive 0% long-term introductory rate that can be applied toward balance transfers. It is import ant to note, however, that there is a minimum cap of 13.74% for cash ad vances; so no matter how low the Prime Rate falls (the Annual Percentage Rate (APR) is tied to the Prime Rate), the interest rate will not go below the minimum cap.

Cardholders can expect common platinum benefits that include up to $1,000,000 in travel accident insurance, auto rental insurance, and various travel and emergency assistance services. This card also offers discounts on various products and services for students at participating merchants and retailers.

Therefore, those who plan to take advantage of the introductory offer, would like to participate in a college savings reward program, and will take advantage of the many perks and discounts will benefit most from what the Citi® Upromise® Card has to offer.

Note: We strongly suggest that you carefully read the Terms and Conditions statement that accompanies the credit card application.
Last Updated May 5, 2008
*Terms and Conditions