Citibank AT&T Universal Savings Platinum card Review – Better than others?


Are credit cards issued from different carriers truly different from one another? You bet they are. Like the Citibank AT&T Universal Savings Platinum card, you’ll find dozens of credit card offerings available, not only in your junk mail, but on the Internet. Knowing which one offers you the best benefits and perks, and the lowest interest rates, fees and limitations are important for everyone, whether for personal or business use. We’ll provide you with a basic overview of the Citibank AT&T Universal Savings Platinum card so that you can make a more educated, knowledgeable decision when it comes to choosing a platinum card.

Features and Benefits of the Citibank AT&T Universal Savings Platinum card

The Citibank AT&T Universal Savings Platinum card comes with a variety of features, including a 0% introductory APR on balance transfers for the first 15 months after your account is opened. Earn savings with every purchase, up to 1.5%, with no limitations.  What exactly does that mean? It means that the amount you’re capable of saving is based on the number of purchases made every month.

For example, when you make your first $250 in purchases on the card, you automatically earn 0.5% of that amount. For purchases made in amounts between $250.01 and $750, earn 1% of that amount. Purchases over $750.01 earn 1.5% of that amount.

The Citibank AT&T Universal Savings Platinum card also offers 10,000 bonus points as a Thank You after you make $500 in purchases within three months of the account opening.  Cardholders may also save up to 10% on AT&T services and purchases (such as Androids, Windows Smartphones, Apple, and Blackberry devices) for the first 12 months and 5% after that, up to $350 a year. In addition, you can also earn one reward point for every dollar spent (up to 50,000 points a year) on non-AT&T services and purchases.  You’re allowed to redeem points on just about anything, from a gift card, to travel, to music downloads.

The nice thing about this card is that rewards start at 100 points, so you don’t have to spend thousands and thousands of dollars to start earning and taking advantage of your rewards. Be aware however, that the only transactions that accrue savings are purchases, and do not include cash advances, balance transfers, and fees. If you don’t keep your account current or open, you’ll no longer have access to these savings.

The Citibank AT&T Universal Savings Platinum card does not charge annual fees. You can also save time and hassle by taking advantage of the service that applies statement credit that post automatically to your account every month. While these are certainly a good start to the benefits offered by this platinum card, it also pays to know about fees, interest rates, and terms and conditions.  No one really likes to read the super-fine print found in terms and conditions, but get past your dislike and make sure that you read and understand the limitations and exclusions that maybe placed on your platinum card account.

Interest Rates and Fees

The APR attached to new Citibank AT&T Universal Savings Platinum card cardholders averages between 13.99% and 23.99%, depending on your credit history and perceived credit worthiness. Balance transfer APR (completed within four months of the account open date) enjoys a 0% introductory rate for 15 months of the account. After that, the variable APR rate will also range somewhere between 13.99% and 23.99%, again depending on your credit worthiness. When it comes to balance transfer fees, expect to pay $5 or 3% of the amount of each transfer, whichever is larger.

Actual percentage rates applied to your account, again based on credit worthiness, will be 13.99%, 18.99%, or 23.99%. The APR attached to cash advances its 25.24%, and the penalty APR may rise up to 29.99%, again based on your credit worthiness. That means if you make a late payment on your Citibank AT&T Universal Savings Platinum card, or make a payment that has been returned, your APR will shoot up to 29.99% and likely stay there “indefinitely”.

You will pay fees for balance transfers, cash advances, and foreign purchases when using the Citibank AT&T Universal Savings Platinum card. Expect to pay $5 or 3% of transfer amounts, whichever is larger, and $10 or 5% for cash advances, again whichever is larger. A 3% transaction fee is applied to foreign purchases, determined in US dollars. Late payment and returned payment fees are $35. If you make a late payment, your introductory APR will end and the penalty APR will be applied to the account, again “indefinitely.

Additional Perks and Benefits

The Citibank AT&T Universal Savings Platinum card also offers card holders a number of additional benefits that include but are not limited to:

  • Travel and emergency assistance
  • Extended warranty coverage
  • Lost luggage coverage
  • Auto rental insurance (at the $50,000 per incident)
  • Automatic travel accident insurance
  • Retail purchase protection (limited to $1,000 per incident and $25,000 per card member account annually)
  • Citi Price Rewind – this service provides price-matching services for 30 calendar days following the date of a purchase to help find a lower price for the same item.  If an item is found that is lower in price by at least $25, you’ll get the difference in price back.

One of the biggest perks offered by the Citibank AT&T Universal Savings Platinum card is known as a Virtual Account Number, so that you don’t have to give your actual credit card number when you purchase online. This service enables a card holder to generate a substitute credit card number when purchasing, which added protection and security when shopping online.  These days, we’re all concerned about hackers, stolen PINs, credit card numbers, and security codes. That’s why Citibank also offers a $0 liability on unauthorized charges.

Access the Citibank Citibank Citibank Citibank Citibank Citibank websiteat to read their disclaimer notice in regard to warranties, limitations of liability, and additional terms applied to the Citibank AT&T Universal Savings Platinum card.

The Citibank AT&T Universal Savings Platinum card is as good of a deal as you’re likely to get from the numerous options of cards offered by Citibank. Just remember to always read the terms and conditions, keep your account current, and pay your bill on time, so that you can take advantage of the benefits and perks associated with this card.



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