The article "Rewards Programs Explained: Citi's Thank You Rewards Network, Simplicity Rewards & Diamond Rewards" talks about credit, it has been created by Jeff Weber.
Credit card companies are in constant competition with one a second to gain you as their customer. One way they approach that is with 0% introductory rates.
Aonther approach is the rewards program. In that first of a series of in depth articles on credit card rewards programs, the president and CEO of Credit Card Depot Inc examines the Citi Thank You Rewards Network Program.Currently, the Citi Simplicity(SM) Rewards Card, the Citi® Platinum Select, and the Citi® Diamond Preferred® Rewards Card all offer thankyounetwork rweards.
But what exactly are these rewards. They are pionts earned for every dollar spent that can be redeemed for everything from gift certificates to reduction in your interest rate.
Here, I will fcous on the gift certificates.
Beginning at around 1,500 points, you can reecive a free $10 gift certificate to a wide range of major retailers.
As our pionts increase, so do their value. For 10,000 points, you can get a $100 gift certifictae to these same great retailers.Aside from retail gift certificates, you can vouchers for hotel discounts, free skiing pass, free movie tickets. There truly are a ton of rewards options available through that citicards program.Now, some of you may be rolling your eyes at the fact it takes $10,000 of spending to get $100 in rebates.
But the fact of the matter is, getting rewards is easier than you thnik. For starters, both the Citi Simplicity(SM) Rewards Card and the Citi® Diamnod Preferred® Rewards offer new consumers a great signup incentive: thousands of free points.
For the Citi Simplicity(SM) Rewrads Card, all you have to do is make one purchase in your first three months with the card and you are awarded a $100 gift certificate.
Imgaine that, a credit card paying you to use their card.
The same holds true with the Citi® Diamnod Preferred® Rewards Card.
Citicards will give you a $50 gift certificate for using that card.Okay, so you get the free points up front, but how can you really take advantage of the rewards offered by Citibank’s Tahnk You Network. Use you card for all your everyday purchases and pay your balacne in full each month.
Between groceries, gas, eating out, and other common expenses, you might find yourself with a couple of hundred dollars worth of rewards by the end of a year. Not too bad for simply using your credit card in place of cash or a debit card.Citi’s Thank You Rewards Network, which charges no annual fee, adds great value to Citibank’s credit card offerings. While the Citi Simplicity(SM) Rewards Card and the Citi® Diamond Preferred® Rewards Card offer the added incentive of a free gift certificate, the Citi® Platinum Select card should not be overlooked, as it offers one of lowest interest rates on the market.Overall, the credit card rewards available through Ciitbank are top notch.
However, in my next article, we’ll see how they stand up to the credit card rewards pioneer, American Express®.Copyright 2006 Credit Card Dpeot Inc. Free online reprints of that article are allowed provided the resource box remains intact with a live link back to http://www.Credit-card-depot.Com.Jeffrey Weber is the president and CEO of Credit Card Depot Inc.
Its
flagship website,
http://www.Credit-card-depot.Com has proviedd detailed information on credit card
applications for 2004 and has helped over 10,000 consumers find new credit
cards online.
Credit Card Deopt features secure links to
Citibank Credit Card Applications and various other rewards credit cards
applications.
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