For business owners, the consideration of the CitiBusiness PremierPass Card may be just what it is that you have been looking for. This credit card provides for the level of business spending that you need with a rewards program to help give you an extra advantage. Those that have good credit will find that it offers an attractive bundle of choices and can provide you with an exceptional quality product for managing all of your business expenses.
The Details To Consider
The CitiBusiness PremierPass Card provides for several benefits. First, you will enjoy 12 months of an introductory 0% rate on balance transfers. You will need to submit for these transfers within the first 12 months of having the credit line. You will also enjoy a low APR of 13.99% that is variable and 22.99% APR on cash advances. There is an annual fee on this credit card at $75 but it will be waived for your first year with the company. This allows the card to be affordable, yet with the negative of an annual fee.
The Reward Benefits
As for the reward program offered by the CitiBusiness PremierPass Card, you get the benefits of discounts on flights on virtually any airline, gift certificates, merchandise or other products. TO earn points, you will gain one point per dollar that you spend. In addition, when you use your card to purchases at specified office supply merchants and professional services, you will earn 3 points per dollar. When you purchase airline tickets with your card, you will get one point for every mile that you fly. Your rewards do expire after three years if your account is active during that time period. You have a yearly limit of 200,000 points but will received 15,000 points on your first purchase.
Your CitiBusiness PremierPass card will provide you with the method of paying your business expenses with getting a little back in return. It is a good option for those with good or better credit looking for a solid credit reward program.
The Citi PremierPass Card is designed for those who have excellent credit and are looking for a card that also offers a reward program. With the Citi PremierPass program, you earn one point for every dollar you spend on general purchases and one point for every three miles that is flown on any airline using the card to purchase the ticket. The points that are earned can be redeemed for travel on any airline, gift certificates, merchandise, and much more. Cardholders are limited to 100,000 points per year (only 50,000 of these can be ThankYou Flight points), and they will expire in three years if the account has been inactive during that time. A bonus of 5,000 will be awarded with the first purchase.
There is no annual fee for this card, and it offers a 13.99% variable interest rate for purchases and cash advances. In addition, there is an introductory interest rate of 0% on balance transfers that is good for one year. However, there is a minimum APR on cash advances of 22.99% variable rate based on the prime rate, and the rate will never be lower than the minimum rate, currently 19.99%. After the introductory period, there is a balance transfer fee of 3% with a minimum of $5 and maximum of $75 assessed. Cash advances are subject to a 3% fee with a minimum of $5 assessed.
Some of the other benefits that are available with the Citi PremierPass Card include the following:
•Online access to your account
•Solutions to identity theft
•Protection from fraud
•Automatic payment of your bill
•Reporting of lost and stolen cards
•Emergency card and cash replacement
•Insurance for auto rental
•Year-end financial statement if requested
•Medical and legal referral services
•Assistance with lost luggage
•No liability to the cardholder for unauthorized transactions
•Emergency assistance and travel services
•Travel accident insurance up to $1,000,000
As with any rewards card, the benefits quite often outweigh any of the disadvantages. Unless you are a frequent user of cash advances, your benefits will far exceed that one negative aspect of this card.
Both Beth Derkowitz & Joshua Shapiro are contributors for EditorialToday. The above articles have been edited for relevancy and timeliness. All write-ups, reviews, tips and guides published by EditorialToday.com and its partners or affiliates are for informational purposes only. They should not be used for any legal or any other type of advice. We do not endorse any author, contributor, writer or article posted by our team.