The Citi PremierPass Card is designed for those with very good credit who may also be looking for a card that offers rewards.
Through the reward program, cardholders earn one point for every dollar spent on general purchases and one point for every three miles flown on any airline. Points can be redeemed for travel on any airline, gift certificates, merchandise, and more. The maximum number of points that can be earned per year is 100,000, and points will expire in three years if the account has not been active during that time. Cardholders will earn 5,000 bonus points with their first purchase. In addition, points earned are compatible with most frequent flyer programs.
Aside from the reward program, cardholders can expect access to a variety of platinum benefits that include up to $1,000,000 in travel accident insurance, purchase protection, and various travel and emergency assistance services.
This card has no annual fee and offers a reasonable interest rate for purchases and balance transfers. There is also an attractive 0% introductory rate available for balance transfers for the first twelve months of membership. However, there is a minimum cap for cash advances; so no matter how low the Prime Rate falls (the APR is tied to the Prime Rate), the interest rate will not go below the minimum cap.
Therefore, those who will be able to take advantage of the reward program and the additional services available will benefit most from what the Citi PremierPass Card has to offer.
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