Citibank Canada Citi Drivers Edge Platinum MasterCard

Citibank Canada Citi Drivers Edge Platinum MasterCard

Citibank Canada Citi Drivers Edge Platinum MasterCard
Summary: Earn 2% cash rebates towards a vehicle purchase or lease with no annual fee and insurance benefits

Description: 

With the Citibank Canada Citi Drivers Edge Platinum MasterCard, receive a 2% cash rebate to use towards the lease or purchase of a new or used vehicle up to $5000. This Mastercard has several insurance benefits including travel accident insurance, rental car insurance, extended warranty / purchase protection and baggage insurance all for no annual fee. For added security, Citibank offers the option of getting a Photocard which has the cardholder's photo and signature digitally printed on the front of the credit card.

Overview

Credit required:
Good
Card Type:
MasterCard
Version:
Platinum
Reward Program: 
Driver's Edge
Issuer: 
Citibank
Minimum Income: 
$35,000
Minimum Credit Limit: 
$5,000
 

Annual Interest Rates

Interest Rate: 
19.9%
Cash Advance: 
19.9%
Balance Transfer: 
5.9%
Grace Period: 
21 days
Note: 
Introductory rate on balance transfers of up to 5.9% for 6-12 months
Minimum Payment: 
$20 or 2.1% (whichever is greater)
 

Annual Fees

Annual Fee: 
$0
Supplemental Cards: 
$0
 

Balance Protection

Insurance Plan: 
Credit Shield
Age to Qualify: 
Under 65
Monthly Premium: 
$0.89 (per $100 of outstanding balance)
Maximum Benefit: 
$10000
 

Rewards

Earn 2% cash rebates towards the purchase or lease of a new vehicle (up to $5000)
Travel / Vacation: 
No
Cash Back: 
No
Merchandise: 
No
Groceries: 
No
Vehicle Rebates: 
Yes
Charitable Donations: 
No
Health Care: 
No
Financial Products: 
No

Benefits

Car Rental Insurance: 
Yes
Extended Warranty: 
Yes
Travel Accident Insurance: 
Yes
Travel Medical Insurance: 
Yes*
Trip Cancellation Insurance: 
No
Flight Delay Insurance: 
No
Baggage Insurance: 
Yes
Road Insurance: 
No
Balance Protection Insurance: 
Yes*
Indicates restrictions or additional fees may apply. Check the credit card's web site or fine print for more information.