Up to $200 Cash Back Promo from Citi Dividend Platinum Select Card

Citi Bank is offering one of the best cash-back rewards in the country today. When you sign up for their promotional offer from the Citi Dividend Platinum Select Card, you get the chance to earn not just $100, but even up to $200 cash bonus. Here’s how to earn this amazing treat:

1. Open an account for the Platinum Select card either online or in person. You must be at least 18 years of age in order to be eligible for the application, and must possess a valid Social Security Number.

2. Fill up the application form online. Once you’ve sent in your data, Citi Bank will require you to wait for a few days in order to receive an approval through e-mail.

3. You will be sent an overall summary of the account, for which you can choose to make any add-ons or do necessary changes before final closing. If all looks good to you, you can sign the application, for which Citi Bank will approve.

4. Once everything is done, you’re now ready to start using your Citi Platinum Select card and earn those rewards!

About Terms and Conditions

The Platinum Select card boasts of having the most number of ways in which one can earn points for the cash bonus. For example, in just the first three months when you start using your credit card account, you need to have a total purchase amount of $500. In turn, this will guarantee you a cash back reward of $100.

To get even bigger rewards, make a total of $1,000 in purchases over this same period of time and earn $200 cash back.

Another great way for customers to earn bigger rewards is through Citi Bank’s quarterly offer of up to 5% cash back. For every quarter of the year, Citi Bank chooses a popular category in which this reward is applicable. For example, the start of this year and up until the end of March lets one enjoy the benefits of buying from health care stores, utilities, and fitness clubs. From April 1 to June 30, 2012 you will get the 5% bonus when you make purchases at any Home Depot or Home Furnishing stores. Since the category changes every three months, you just need to check Citi Bank’s website every now and then for updates.

For other purchases, a 1% cash back is reflected into your account. With this feature, you can get as much as $300 annually in cash rewards.

Ownership of this credit card does not require any annual fee. It also lets the customer enjoy a 0% introductory APR for the first year of its use. After this period, the APR will be set at a variable average of 12.99% – 22.99%.

No other bank offers this much in cash back rewards. To get this amazing offer, open a Citi Platinum Select card now.

CD Rates Continue Their Slide Down, But For How Long?

Over the past few years interest rates have fallen to record lows. Low interest rates are good if you are in the market to buy a house, refinance your current mortgage or car loan, but for most of us we have seen our interest rates increase on our credit cards (Thank you CitiCards for the increased rate from 14% to 29.99%, even though I have perfect credit and never missed a payment) and our interest rates fall on our certificate of deposits, to record lows.

By taking a look back just a few months we can see that interest rates are still falling. We reported on February 22, 2011 that Walden Savings Bank had a 6 Month CD at 0.75% with a minimum deposit of $1,000. That same certificate of deposit sits at 0.60% for the 6 Month term. We also reported on April 6th, 2011 that Aurora Bank had the current best 1 year CD rate at 1.25%. Now just over two months later that same CD from Aurora is down to 1.21%.

Even the longer term CD’s are seeing drops in interest rates. The 24 Month CD from SalemFive ($10,000 minimum deposit) has dropped from 1.75% on February 21st 2011 to 1.30% on June 23rd 2011. Most major banks have been lowering their rates, while many credit unions such as Melrose Credit Union out of New York has held their rates steady for the most part. Melrose’s 2 year CD has been at 1.66% APY since February. In fact Melrose holds the top spot for the 24 month CD at 1.66% with a minimum deposit of $5,000. This is a credit union that has opened its door’s to anyone located within the USA. You will want to visit their website to view their terms and conditions for opening an account.

Thus far CD rates have fallen throughout the year, while some have held steady. If you plan on investing money into any CD, its best to research as much as you can before making a decision on which bank and term to go with. You can easily find a list of the best CD rates from our CD Rate table for your research. In an unstable economy, rates can continue to fall, so it could be wise to put your money in a higher interest, longer term CD or it could be just as bad to be stuck in a CD with a low interest rate while CD rates increase.

*We cannot make any financial advise and take no responsibility for the actions people take from visiting our website. Please consult your financial advisor before making any investment decisions.