AT&T Universal Rewards Card

0% APR on Balance Transfers for Twelve Months Earn Five Reward Points for Every Dollar Spent at Supermarkets, Drugstores and Gas Stations Earn Five Reward Points for Every Dollar Spent on Every AT&T Product Earn One Reward Point for Every Dollar Spent on All Other Purchases

Review: The AT&T Universal Rewards Card, issued by Citibank, is designed for those with very good credit who desire a credit card with an excellent reward program. This card acts both as a credit card and a calling card, but those who choose to use the card for calls may find the rates high compared to other calling card services. However, the card does provide two free directory assistance inquiries per month, up to 30 free phone minutes per month, and wireless phone loss and theft insurance. Through the reward program, cardholders earn five points per dollar spent at supermarkets, gas stations, drugstores, and when purchasing AT&T consumer products and/or services, and they earn one point per dollar on all other purchases. Points can be redeemed for various merchandise, travel and experiences, gift cards, and more. The maximum number of points that can be earned per year is 75,000, and points expire in five years. The card has no annual fee, and the APR for purchases and balance transfers is reasonable for those who plan to carry a revolving balance. There is also a 0% introductory rate on balance transfers for twelve months. However, there is a minimum cap of 19.99% for cash advances, which means that no matter how low the LIBOR Rate falls (the APR is tied to the LIBOR Rate), the interest rate will not go below the minimum cap. In addition to the calling card benefits and the reward program, the card offers a variety of platinum cardholder services that include up to $1,000,000 in travel accident insurance, auto rental insurance, lost and stolen card reporting, and fraud protection services. Therefore, those who plan to take advantage of the calling card feature, the reward program, the introductory rate on balance transfers, and the additional platinum services will benefit most from what the AT&T Universal Rewards Card has to offer.

Date of Review: 2006-03-30 00:00:00

Notes: The minimum APR for cash advances is 19.99%. See website for complete terms and conditions of card usage and application disclosure.

Additional Perks: Card can be used as a calling card. Receive 2 free directory assistance inquiries per month. Receive up to 30 free phone minutes per month. Wireless phone loss and theft insurance reimbursement for replacement coverage. No liability for unauthorized transactions. Various Internet account related services. Identity theft solutions. Fraud and security protection services. Year-end financial statement. Up to $1,000,000 in travel accident insurance. Lost luggage assistance. Auto rental insurance. Emergency card replacement. Emergency cash replacement. Lost and stolen card reporting. Medical referral services. Legal referral services. Various travel and emergency assistance services. Automatic bill payment. See website for additional benefits.