When you are looking for one of the best credit cards that Citi has to offer, you have found it in the Citi® Dividend Platinum Select® MasterCard®. It provides card owners with a sizeable cash back program and many different ways to use the Bonus Cash as well. The Citi® Dividend Platinum Select® MasterCard® also comes with many other benefits that are apt to be used, too.

What Are the Best Features of the Citi® Dividend Platinum Select® MasterCard®?

The best features of the Citi® Dividend Platinum Select® MasterCard® are the many ways that you can earn cash back on this card. For the first six months that you own the card, you earn cash back at a rate of two percent. This drops down to one percent after that. This cashback is turned into “Dividend Dollars” and may be redeemed in amounts of $50 or more.

In addition to the Introductory Offer period, you can also earn two percent afterwards on many different products – but on a seasonal basis. This means it will change from one season to the next, but basically you will be able to enjoy special two percent cashback on items such as department store purchases, apparel, home improvement, hotels, restaurants, and more.

You can also earn a larger five percent cashback – on average – on items that you purchase from the Citi Bonus Cash Center®. This Website has more than 400 leading retailers from which you can choose.

How Are Dividend Dollars to Be Used on the Citi® Dividend Platinum Select® MasterCard®?

The amount of Dividend Dollars you have builds up with your purchases during the year to a maximum of $300 annually. In order to get access to your Dividend Dollars, you will have to request that a check be sent to you. The Dollars do not expire as long as the account is in good standing.

Dollars are also earned when you make cash advances and cash convenience check amounts. Five Dollars are also given for every individual $1,500 in balance transfers that you make. Dividend Dollars that you earn on your purchases at the Citi Bonus Cash Center are not included in the $300 annual limitation.

What About Balance Transfers and New Purchases on the Citi® Dividend Platinum Select® MasterCard®?

There is some good and bad news here. Balance transfers do not earn any interest for a full 15 months. That’s the good news. The bad news is that there are no such savings in interest rates on new purchases. They are charged whatever interest rate is on the credit card, which will be somewhere between 12.99 percent and 20.99 percent – depending on your credit score.

What Other Benefits on the Citi® Dividend Platinum Select® MasterCard® Should You Know About?

The Citi® Dividend Platinum Select® MasterCard® gives you retail purchase protection on your purchases. This protects them from loss in case of accidental breakage, fire and theft for up to 90 days and up to $1,000 per item.

Cardholders are also given insurance protection in a number of other ways, too. This includes automatic travel accident insurance, auto rental insurance, and the possibility of extending your warranty on the purchased items for an additional year. You also have zero liability if your card should be used to make unauthorized charges.

When you are traveling, you are also given Travel and Emergency Assistance service. This means you can get referrals to medical and legal help, lost luggage assistance, translation help, and more.