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Citi AMEX Platinum Deal: 3% min back on all purchases for 24 months + 15K bonus

Close Encounters of the Cheap Kind has a new home at www.CheapEncounters.com!

Here is a deal that I found in preparation for my recent App-O-Rama. Citi is currently running a promotion for new applications for the Citi AMEX Platinum Card. The card offers 5 Thank You Points per dollar on everyday purchases (gas, grocery, and drugstores), and 3 Thank You Points per dollar on everything else. You also receive 15,000 bonus Thank You points after spending $300 in the first three months.

You can apply for the card by clicking here.

Thank You points can be redeemed for gift cards, travel, and other items. On most gift cards, 10,000 points can be redeemed for a $100 card, which means that at minimum you will get a minimum of 3% back.

There are two catches on the offer that are pretty easy to work around:

  1. The annual fee is waived for the first year only. Afterwards the annual fee is $99.
  2. The promotional reward levels are only for the first 24 months. Afterwards you get a measly 1 Thank You point per dollar.

Of course the work around is to cancel the card before the one year anniversary. Just be sure to stop using the card about a month before you close the account so you don’t forfeit any points.

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October 25, 2007 - Posted by | Credit Cards | , , , ,

1 Comment »

  1. […] Citi AMEX Platinum Deal: 3% min back on all purchases for 24 months + 15K bonus […]

    Pingback by Welcome PFBlogs.org Readers! « Close Encounters of the Cheap Kind | October 28, 2007


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