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Citi Platinum Select & Citi® Diamond Preferred® Card: $30 Statement Credit

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It seems as though the credit card companies are a little tired of the banks getting all the attention for their bank deals. Citi emailed me yesterday about a new promotion they’re running, a $30 statement credit for new Citi Platinum Select MasterCard and Citi® Diamond Preferred® Card members.

Update: Citi will no longer be promoting the $30 Statement Credit previously offered with the Platinum Select Card.

The requirements for the $30 statement credit are easy – make $30 in purchases that are not returned within the first 3 months of account opening. Statement credit will appear within 8 weeks. It doesn’t get any easier than that and it sure beats a t-shirt, frisbee, or whatever crap you got in college when you signed up for a credit card, right? :)

For what it’s worth, I can’t remember a time when Citi offered a new account bonus for cards that didn’t have an annual fee. Offering 15,000 miles on a travel or airline branded credit card is almost standard, but rare for a non-travel card.

Both cards have no annual fee and both offer 0% APR on purchases and balance transfers if you qualify, which is 50% more than your average 0% balance transfer offer.

{ 8 comments, please add your thoughts now! }

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8 Responses to “Citi Platinum Select & Citi® Diamond Preferred® Card: $30 Statement Credit”

  1. eric says:

    Hmm I didn’t get an email. Must check!

  2. zapeta says:

    Sounds like a good promotion if you’re in the market for a new card.

  3. Mike M. says:

    Watch Out! They WILL get the $30 back, and more!
    Don’t read that to say “I’m getting $30″, read it to say “how much more than $30 is this going to cost ME”!

    • jsbrendog says:

      care to elaborate as to why? you have piqued my interest

      • Mike M. says:

        It is common knowledge that when you gharge a purchase, the retailer pays a transaction fee to the card company, even though you aren’t paying that, you are causing the merchant to pay it.
        NEVER carry a balance or you pay in service chargeg and/or late fees.
        Do they sell information about your shoping habits to others (data warehouses)?
        Do they send you advertisenebts in the e(nail)?

        They will get back (make) the $30 and a “whole lot more”.
        And these are just things I know to be true, I am sure there are others that I am not aware of!
        Mike

  4. aua868s says:

    I believe this card had cash back feature a long time ago…i still get it…but at present i cannot see the cash back offer for this card

    • Mike M. says:

      Anything you get back (or dou get a credit) is great.
      Any kind of rebate whether its cash, points, airline miles, usually causes the card holder to use their card more thus generating more $$ for the card company. Ever think about paying cash for something and then chang your mind and cahrg it thinking you will get something back by charging?

      REMEMBER: Rule #1: Nothings FREE!
      Rule #2: See Rule #1!

      • Joe says:

        Really? The root of credit is time and value of money. Credit serves as a free cash flow. When billed, pay off the balance. If you cannot afford this strategy, you should not have a credit card. Used strategically, a credit card often provides 30-45 days of free cash flows, allowing for fast access liquidity accounts to earn additional interest. Cash rewards is a great benefit but again, only for the savvy credit manager.


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