CitiBusiness® PremierPass^SM Card

Get 15,000 Bonus Points after the First Purchase Earn One Point for Every Dollar a Business Spends and One Point for Every Mile Flown on Any Airline Earn Three Points for Every Dollar a Business Spends on Select Business Purchases 0% APR on Balance Transfers for Twelve Months

Review: The CitiBusiness® PremierPass^SM Card, issued by Citibank, is designed for those who are looking to maintain and manage all business-related expenses with one credit card and plan to take advantage of the reward program. Through the reward program, cardholders earn three points (two "ThankYou Select Spend Points" and one "Thank You Purchase Point") for every dollar spent at certain office supply merchants and on professional services (restrictions do apply). One point is awarded for every dollar spent on all other purchases. In addition, when purchasing any airline ticket with the card, one “ThankYou Flight Point” is awarded for each mile flown. These points can be redeemed for flights on any airline, merchandise, gift certificates, and more. A maximum of 200,000 points can be earned per year (only 100,000 of these points may be ThankYou Flight Points), but points do expire in three years if the account has not been active during that time. Cardholders also receive 15,000 bonus points after the first purchase is made with the card. Besides the generous reward program, the most exciting benefit of this card is that cardholders receive free, unlimited companion travel when they use the card to purchase airline tickets. The annual fee for the card is $75, but it is waived for the first year. The APR for purchases and balance transfers is high for a business card and it is above average for a reward card. However, there is an attractive 0% introductory rate available on balance transfers for twelve months. It is important to note that there is a minimum cap for cash advances; so no matter how low the Prime Rate falls (the APR is tied to the Prime Rate), the interest rate will not go below the minimum cap. The card also provides many platinum cardholder benefits that include up to $1,000,000 in travel accident insurance, auto rental insurance, and fraud protection. Cardholders can also take advantage of the various discounts offered at participating merchants and retailers (visit the Citibank website for full details). Therefore, those business owners who would like to have a card with a reward program and plan to take advantage of the additional services and discounts will benefit most from what the CitiBusiness® PremierPass^SM Card has to offer.

Date of Review: 2006-04-06 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: Various Internet account related services. Free, unlimited companion travel. Personal business assistant. Identity theft solutions. Various travel and emergency assistance services. No liability for unauthorized transactions. Fraud and security protection services. Automatic bill payments. Auto rental insurance. Legal referral services. Medical referral services. Lost luggage assistance. Lost and stolen card reporting. Emergency cash replacement. Emergency card replacement. Quarterly and year-end financial statements. Up to $1,000,000 in travel accident insurance. Discounts on products and services at participating merchants and retailers. See website for additional benefits.