Citibank is one of the largest financial institutions in the world and has been around since 1875. Citibank Avantage Rewards is one of the many rewards offered by Citibank.
Citibank credit cards have earned their reputation for being very easy to obtain. You can get them online, at a bank or through the mail. If you choose to apply for your card online, you'll need a valid email address.
When you fill out your credit card application, you will be asked about your employment status, your credit score, your current bank account number, a Social Security number and your birth date. The information you supply on these forms will be checked by the bank. This is the only way they can verify your identity.
After you complete your application, you will be sent a confirmation, which will give you a copy of your credit history, as well as a copy of your credit report, which will detail any errors or inaccuracies that may exist. It is important that you review all of your information with a fine tooth comb before signing anything.
Citibank credit cards have a low interest rate. It is important that you make sure you don't have an outstanding balance from previous purchases. If you do, the balance will be reported against you on your credit report, resulting in a higher interest rate and even a penalty. This can result in a hefty bill if you don't pay off your debt quickly.
If you are a Citibank Avantage Rewards member, you can apply for a reward card anytime. Just go to the website of the bank where you have your checking or savings account and follow the directions. You can find information on how to apply, the qualifications for each card, the interest rates and even how to cancel your account if it is no longer valid. You should always check this information regularly.
There are two types of rewards that you can earn. The first is cash back rewards, which gives you points or cash every time you use your card to make a purchase. Points can be redeemed for merchandise at participating merchants such as Walmart, Target, Best Buy or Macy's, or for air miles. The second type is reward points, which allow you to earn points or cash whenever you make a purchase and have a dollar amount of airline miles.
If you decide to cancel your account, you may be able to redeem your rewards for items from another Citibank Avantage Rewards program. This can be useful if you are traveling or are planning to buy a new home. or car.
These cards have many advantages. You'll be able to get cash back and air miles for every purchase you make, which can really help reduce your expenses when traveling. If you are looking for a good credit card, try checking out the Citibank Aadvantage Rewards. They have the lowest annual percentage rate and provide great rewards.