Citibank Canada Citi KidsFutures MasterCard

Citibank Canada Citi KidsFutures MasterCard

Citibank Canada Citi KidsFutures MasterCard
Summary: Earn up to 2% rebate applied to an RESP

Description: 

With the Citibank Canada Citi KidsFutures MasterCard the cardholder can save for a child's education with every purchase made. Earn up to 2% of retail purchases in KidsFutures rewards which are credited to KidsFutures Savings Account under the KidsFutures program, and from there to a child's RESP. There is also a chance to qualify for up to 20% bonus from Canadian Education Savings Grant. This MasterCard has no annual fee and offers free supplemntary cards.

Overview

Version:
Standard
Credit required:
Good
Card Type:
MasterCard
Minimum Income: 
$15,000
Minimum Credit Limit: 
$500
 

Annual Interest Rates

Interest Rate: 
19.9%
Cash Advance: 
19.9%
Balance Transfer: 
19.9%
Grace Period: 
21 days
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 up to 2% rebates applied to an RESP
Travel / Vacation: 
No
Cash Back: 
No
Merchandise: 
No
Groceries: 
No
Vehicle Rebates: 
No
Charitable Donations: 
No
Health Care: 
No
Financial Products: 
Yes

Benefits

Car Rental Insurance: 
No
Extended Warranty: 
No
Travel Accident Insurance: 
No
Travel Medical Insurance: 
No
Trip Cancellation Insurance: 
No
Flight Delay Insurance: 
No
Baggage Insurance: 
No
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.