Citi Boosts Contributions on Its Citi Upromise Platinum Select MasterCard, Helps Families Accelerate College Savings.Business Editors NEW YORK--(BUSINESS WIRE)--May 6, 2004 Contributions on Eligible Gasoline gasoline or petrol, light, volatile mixture of hydrocarbons for use in the internal-combustion engine and as an organic solvent, obtained primarily by fractional distillation and "cracking" of petroleum, but also obtained from natural gas, by Purchases Are Doubled; Participating Grocery and Drug Store Purchases Earn 10 to 20 Percent Today, Citi(R), the world's largest provider of credit cards, enhanced its no-annual fee Citi(R) Upromise Upromise, Inc. is an American corporation that provides marketing services and incentives to establish brand loyalty in college students and their families. Upromise actively solicits college students and their families to join its program through direct mailings, tabling at (R) MasterCard(R) with increased contributions to make it even easier for families to reach their goal of sending children to college. Cardholders now receive 10 percent of purchases on more than 7,000 Upromise items including Coca-Cola(R), Kellogg's(R) and Tide(R) at participating grocery and drug stores, as well as 2 percent on gasoline purchased at over 15,000 Exxon and Mobil locations, as college contributions into their Upromise account for their children, grandchildren GRANDCHILDREN, domestic relations. The children of one's children. Sometimes these may claim bequests given in a will to children, though in general they can make no such claim. 6 Co. 16. or any other future college student they wish to support.(1) Additionally, cardholders who are AOL (A division of Time Warner, Inc., New York, NY, www.aol.com) The world's largest online information service with access to the Internet, e-mail, chat rooms and a variety of databases and services. members will receive 20 percent, or double the contributions on purchases at participating grocery and drug stores, as well as 4 percent, or double the contribution, on gasoline purchased at Exxon and Mobil locations.(2) There is no limit on the contribution amount cardmembers can earn on participating grocery, drug and gas purchases. In addition, cardholders earn a 1 percent contribution on all other purchases made with the Citi Upromise Card. So everyday spending -- from groceries gro·cer·y n. pl. gro·cer·ies 1. A store selling foodstuffs and various household supplies. 2. groceries Commodities sold by a grocer. to dining out Dining Out is one of the many traditions held by the military today. The history dates back to when Roman soldiers would hold dinners in honor of an individual. Later, British naval officers held a "guest night" to relax with other military personal and honored guests. to filling up the gas tank and wherever else you shop with the card - can translate to college contributions. Cardholders can earn even more rewards by using the Citi Upromise Card to make purchases with other Upromise contributing companies.(3) "As the first financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. provider to team with Upromise, and the largest contributor to Upromise members' accounts, Citi continues to extend our commitment to converting purchasing power Purchasing Power 1. The value of a currency expressed in terms of the amount of goods or services that one unit of money can buy. Purchasing power is important because, all else being equal, inflation decreases the amount of goods or services you'd be able to purchase. 2. into college savings," said Amy Radin, Executive Vice President, Citi. "As college tuition The examples and perspective in this article may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. College tuition rates continue to grow, the Citi Upromise Card helps families keep pace with their college savings by offering even higher contributions on everyday purchases of groceries and gasoline." "Our members have told us that they want help making their everyday spending work hard for the future of their children, when they shop for groceries and fill up their cars with gas," said George Bell George Bell is a name shared by several people:
The Citi Upromise Card offers rewarding top-level benefits, including: -- No annual fee -- $0 liability on unauthorized purchases -- 0% APR APR See: Annual Percentage Rate on balance transfers for a full nine months with no Balance Transfer fee -- Free and secure online account management -- Auto rental insurance -- Emergency travel assistance -- Travel accident insurance -- Acceptance at 32 million locations around the world -- Citi Identity Theft Solutions -- Fraud Early Warning gives 24-hour protection from fraud -- Lost Wallet See digital wallet. Service, which quickly replaces a customer's card if it's lost or stolen, and also provides the customer with emergency cash (subject to available cash advance limit) To apply for the Citi Upromise Card, consumers can call 1-800-Upromise or visit www.citicards.com. Upromise is free to join and allows members to save a percentage of their qualified spending with America's leading companies as college savings in their Upromise account. (1) Except for the additional college savings on grocery and drug store items and gasoline described below, the maximum amount of 1% contributions into your Upromise account is 1% of $30,000 in purchases posted to your January to December billing statements which is equal to $300 per credit card account per calendar year. Balance transfers, cardmembership fees, cash advances, returned purchases, convenience checks and finance charges do not earn college contributions. To receive additional college savings of 10% on 7,000+ grocery and drug store items you must (a) purchase participating grocery and drug store items with your Citi(R) Upromise(R) Card registered in your Upromise account, and (b) use a participating grocery or drug store loyalty card registered in your Upromise account at checkout. Please note that your Citi Upromise Card and your grocery and drug store loyalty cards must be registered in the same Upromise account. In order to get the 10% college savings in such Upromise participating stores that do not offer a loyalty card, you must activate your registered Citi Upromise Card in the Grocery Card section of your Account Profile on the Upromise Web site. To receive additional college savings of 2% at Exxon and Mobil locations you must make eligible gas purchases (excluding diesel fuel) with your Citi Upromise Card registered in your Upromise account. Additional college savings earned on grocery and drug store items and gas are not limited in amount and are not subject to the maximum yearly college contribution cap from Citi. (2) Except for the college savings described below on grocery and drug store items, gas, and AOL membership fees, the maximum amount of contributions into your Upromise account is 1% of $30,000 in purchases posted to your January to December billing statements which is equal to $300 per credit card account per calendar year. Balance transfers, card membership fees, cash advances, returned purchases, convenience checks and finance charges do not earn college contributions. To receive college savings of 20% on 7,000+ grocery and drug store items you must (a) be registered as an AOL member in good standing for the Upromise AOL Program, (b) purchase participating grocery and drug store items with your Citi Upromise Card registered in your Upromise account, and (c) use a participating grocery or drug store loyalty card registered in your Upromise account at checkout. Please note that your Citi Upromise Card and your grocery and drug store loyalty cards must be registered in the same Upromise account. In order to get the 20% college savings in Upromise participating grocery and drug stores that do not offer a loyalty card, you must activate your registered Citi Upromise Card in the Grocery Card section of your Account Profile on the Upromise Web site. To receive college savings of 4% at Exxon and Mobil locations you must be registered as an AOL member in good standing for the Upromise AOL Program and make eligible gas purchases (excluding diesel fuel) with your Citi Upromise Card registered in your Upromise account. To receive college savings of 5% on your AOL membership fees you must be registered as an AOL member in good standing for the Upromise AOL Program and pay for your AOL service on an automatic recurring re·cur intr.v. re·curred, re·cur·ring, re·curs 1. To happen, come up, or show up again or repeatedly. 2. To return to one's attention or memory. 3. To return in thought or discourse. basis with your Citi Upromise Card registered in your Upromise account. College savings earned on grocery and drug store items, gas, and AOL membership fees are not limited in amount and are in addition to the maximum yearly college contribution cap from Citi. (3) Specific terms and conditions apply for each company's contributions. Contributing companies, contribution levels and terms and conditions subject to change without notice. For additional information and current listing of contributing companies, visit www.upromise.com. About Citi Citigroup (NYSE NYSE See: New York Stock Exchange :C), the preeminent pre·em·i·nent or pre-em·i·nent adj. Superior to or notable above all others; outstanding. See Synonyms at dominant, noted. [Middle English, from Latin prae global financial services company has some 200 million customer accounts and does business in more than 100 countries, providing consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, insurance, securities brokerage, and asset management. Major brand names under Citigroup's trademark red umbrella include Citibank, CitiFinancial, Primerica, Smith Barney Smith Barney is a division of Citigroup Global Capital Markets Inc., a global, full-service financial firm, that provides brokerage, investment banking and asset management services to corporations, governments and individuals around the world. , Banamex, and Travelers Life and Annuity annuity: see insurance. annuity Payment made at a fixed interval. A common example is the payment received by retirees from their pension plan. There are two main classes of annuities: annuities certain and contingent annuities. . Additional information may be found at www.citigroup.com. About Upromise Upromise is the country's largest privately-funded service helping families save for college. Membership is free and allows families to automatically save money for college while making everyday purchases at more than 18,000 grocery and drug stores, 15,000 gas stations, 9,000 restaurants and 7,000 hotel locations nationwide, as well as tens of thousands of retail stores and 200 online shopping sites. Upromise's contributing companies include America Online See AOL. , Citi(R), Coca-Cola(R), Exxon Mobil Corporation Exxon Mobil Corporation U.S.-based oil and gas company formed in 1999 through the merger of Exxon Corp. and Mobil Corp. It has investments and operations in petroleum and natural gas, coal, nuclear fuels, chemicals, and ores. , Kellogg Company For other uses, see Kellogg. Kellogg Company (often referred to as simply Kellogg or Kellogg's) is an American multinational producer of breakfast foods, snack foods, cookies, and crackers, with corporate headquarters in Battle Creek, Michigan, USA. , Kimberly-Clark, McDonald's(R), The Sharper Image(R) and hundreds of others. Upromise also makes it easy for families to start their own college savings strategy through tax-advantaged 529 college savings plans, or by using Upromise contributions to help pay off their student loans. Brokerage services are provided through Upromise Investments, Inc. (member NASD/SIPC). Upromise is headquartered in Needham, Mass. For additional information, visit www.upromise.com or call 781-707-8400. |
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