Citi Platinum Select MasterCard with long-term low APR and No Annual Fee

The Citi Platinum Select MasterCard is a credit card designed for good credt consumers who wants a no frills credit card which provides the basic services and privileges of Citibank.

Citibank offers cardholders an introductory rate of 0% for balance transfers and purchases for the first 6 months of the card. The Citi Platinum Select MasterCard also has reasonable interest rate after the introductory period. It is also a very good catch if you look at the No Annual Fee clause.

You must remember though that there is a set minimum cap set for cash advances. This means that the APR is directly related to the Prime Rate. The interest will never go below the line of the minimum cap.

As a platinum card holder you will also get some benefits like fraud protection, car rental insurance, and travel accident coverage of up to $1 million. The Citi Platinum Select MasterCard though does not provide you with other special services which may come with other platinum cards.

You can take advantage of the long term 0% intro rate and low APR variable at 11.99% to 19.99% after the first 6 months. The cash advance APR may range from 16.99% to 21.99%

The card also has a 20 day grace period. Balance transfers are charged 3% or a minimum of $5. The same rate applies for cash advances.

Other perks which come with the Citi Platinum Selec MasterCard are:

It will be best to visit the website of Citi bank first to read the details of the terms of services. The figures that we have are accurate as of July 30 but the bank may update their rates and change some features any time without notice.