Citibank is offering a new Citi CashReturns credit card that offers 5% cash-back on all purchases for the first three months. That's a huge amount of money. If you charge $2000 per month and normally get 1% back, you could get $240 extra in your pocket during the promotional period. I'm getting one.

(HT: My Money Blog.)

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3 Comments

Ben Bateman said:

Read all the fine print first.

BB: I glanced through it but didn't notice anything alarming. Did you? It looked standard to me. I'm doing a balance transfer or cash advance of any kind, and I pay off my balance every month.

jez said:

That pretty good. When I was shopping for a card, the best I could find was 3% (promotional period).
However, they were rewarding me at the normal 1% rate until I chased it up, so read your statements as well as the fine print!

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