$50 Statement Credit From Citi Student Cards: Back To School Promotion

Citibank just recently announced a great new offer for students who are interested in picking up a student-friendly credit card. For those in college who are ready to get started using a credit card, and who know they’ve got the discipline to manage their debt and credit well, then this may be a good opportunity to check out some top cards with great features. There are three credit cards in Citibank’s product roster that are participating in a new back to school promotion this year. These are the Citi Dividend Platinum Select Card, the Citi Forward Card and the Citi mtvU Platinum Select Card.

All of them have these basic benefits that make them attractive choices:

$50 Statement Credit From Citi Student Cards

• $50 statement credit when you make $50 in purchases within 90 days of being a cardmember.
• No cosigner required.
• No annual fee.
• $0 liability on fraudulent charges.
• 0% intro APR on purchases for 7 months. Following the intro period, your APR adjusts to a variable 12.99% to 22.24% based on your credit history.

Back To School Promotion from Citi Student Cards

Following are the specific rewards you’ll receive from each card. We’ve covered these cards in some detail in past articles, but here’s a quick review:

Citi Dividend Platinum Select Card

This card is a nice cash back rewards card with the following benefits:

• Earn the typical 5% cash back perk that’s a standby feature for many cards of this kind. The 5% cash back applies to purchases made at grocery stories, supermarkets, gas stations, drugstores and utilities for 6 months. The cash back returns are adjusted to 1% after 6 months.
• Earn a 2% cash back in rotating spending categories such as hotel, apparel, dining, etc. You’ll need to enroll quarterly to participate.
• Earn 1% cash back for everything else.

Citi mtvU Platinum Select Card

This card gives away reward points, starting with these particulars:

• Earn up to 4,000 points if you maintain a good GPA each year. The maximum number of points you can earn during this promo is double the usual number of points offered for a 4.0 GPA.
• You’ll also earn 5 points for each dollar spent on restaurants, music, books and movies, and 1 point on all other purchases.
• Those who value student events such as free concerts and Spring Break events will enjoy access to some exclusive experiences, thanks to this card.

Citi Forward Card

Here’s a card which has innovative rewards for students. With it, you can:

• Earn up to 1,200 rewards points annually just by practicing good credit management. Pay on time and keep within your credit limit to receive the bonus points.
• Get up to a 2% purchase APR reduction when you make a purchase, pay on time and keep under your credit limit for 3 billing periods in a row.
• Get 5 reward points for each dollar you spend on certain spending categories such as dining, books, music and movies. Get 1 point on all other purchases you make.
• Earn 2,500 additional bonus points if you sign up for electronic statements.

For related information, check out our Citi credit cards coverage and reviews of other student credit cards.