Citibank has recently come up with a new promotion for its credit cards -the Citibank Best Buy Credit Card. This credit card from Citibank comes with special incentives and rewards. You should take a closer look at this credit card before deciding whether or not to avail of this offer. Here are some of the benefits that you can get from a Citibank Best Buy credit card. Check them out!
First of all, one of the greatest advantages of the Best Buy Credit Card from Citibank is the fact that it allows you to purchase items and services in stores. If you wish to have excellent savings account, this credit card from Citibank is the perfect choice for you. This card allows you to earn rewards every time you shop. The rewards that you can get from the card will depend on the cash that you deposit into your account. If you have the money in your account, you can use it to purchase the items and services that you want.
However, there are some limitations of the Best Buy Credit Card from Citibank. First of all, this card allows you only to use cash. You cannot use any other credit card for your purchases. Another drawback of this credit card is the annual fee that it charges. Aside from that, the APR that is charged to you by the Best Buy Credit Card from Citibank is almost twice than the average APR that is charged by credit cards.
As what most people say, you need to spend a lot of money in order to get a rebate from the credit card. On the other hand, the Best Buy Credit Card from Citibank allows you to save more money. This card allows you to save a certain percentage of your total purchases that you make. The annual fee that you have to pay for this card is also very affordable. Furthermore, this card allows you to make unlimited purchases without any age restrictions. This feature of this card is what makes it more popular among the consumers.
In addition, another great feature of this card is the extended warranty protection that it provides. This warranty protection helps the card holder to have a peace of mind especially when the card is used without making any purchases. However, the consumer has to pay for the extended warranty that they need. Citibank is offering an eight-year period of coverage for this benefit. The Citibank Bestbuy credit card also features other perks such as travel insurance coverage and extended roadside assistance benefits.
Despite all these amazing benefits, this credit card allows you to only make purchases up to the amount of your account balance. The account balance will not exceed your limit. This feature of this credit card allows you to manage your expenses better since you know exactly how much money you have inside your account. However, it is important to remember that the interest rate on this card is a little bit high. This is mainly because this credit card allows you to make more purchases than usual.