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Citibank Launches Citi MyPoints Rewards Platinum Select MasterCard; New Rewards Card Gives MyPoints Members Even More Ways to Earn Points.



Business Editors

NEW YORK--(BUSINESS WIRE)--April 16, 2003

Citibank, the No. 1 credit card provider in the world, today launched the new Citi(R) MyPoints(R) Rewards Platinum Select(R) MasterCard(R), giving the more than 10 million members of MyPoints an online shopping portal and points aggregator, a new way to earn rewards faster.

With every purchase made on the card, cardmembers earn Points that can be redeemed re·deem  
tr.v. re·deemed, re·deem·ing, re·deems
1. To recover ownership of by paying a specified sum.

2. To pay off (a promissory note, for example).

3.
 for gift certificates, dining and travel rewards, and other brand-name merchandise from over 70 participating merchants at MyPoints.com. Citi MyPoints Rewards cardmembers can also accumulate Accumulate

Broker/analyst recommendation that could mean slightly different things depending on the broker/analyst. In general, it means to increase the number of shares of a particular security over the near term, but not to liquidate other parts of the portfolio to buy a security
 additional Points when shopping online at MyPoints.com, visiting affiliated websites, reading emails and filling out surveys. Membership is free and easy.

"The Citi MyPoints Rewards Card is another way we're rewarding consumers and creating added value Added value in financial analysis of shares is to be distinguished from value added. Used as a measure of shareholder value, calculated using the formula:

Added Value = Sales - Purchases - Labour Costs - Capital Costs
," said Bill Borden, SVP SVP S'il Vous Plaît (French: Please)
SVP Senior Vice President
SVP Schweizerische Volkspartei (Swiss People~s Party)
SVP Society of Vertebrate Paleontology
SVP Social Venture Partners
SVP St Vincent de Paul
 New Product and Business Development, Citi Cards. "Citi Cards is pleased to be able to serve the millions of MyPoints members who have already shown themselves to be smart consumers."

"MyPoints members have always been able to leverage their everyday purchases to claim a win-win proposition," said Helen Joo, VP Strategic Partnerships, MyPoints.com. "The new Citi MyPoints Rewards Card extends that proposition to create even more value and therefore more consumer power."

Key card benefits for Citi MyPoints Rewards Cardholders:

-- Earn 1 Point for every $2 spent, both online and offline

(maximum number of Points cardholders can earn is 15,000

Points per credit card account per calendar year, January to

December)

-- Earn additional Points when using the card to shop online at

MyPoints.com

-- No annual fee, acceptance at the 29 million MasterCard

locations

-- Free additional cards to help build more points sooner

-- Full Citi Card member benefits: complete online account

management, 24/7 customer service, worldwide acceptance and

fraud protection

The Citi MyPoints Rewards Card is available exclusively to MyPoints.com members via www.mypoints.com.

About Citi Cards

Citi Cards is part of 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 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.
 company with some 200 million customer accounts in more than 100 countries, provides 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, Salomon 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 MyPoints:

MyPoints.com is a leading provider of Internet direct Internet Direct, also known as "Indy", is a free software / open source socket library written in Object Pascal, an object-oriented version of Pascal. It includes clients, servers, TCP, UDP, and raw sockets, as well as over 100 higher level protocols implementations such as SMTP,  marketing services. The Company's flagship service, MyPoints(R), features a True Opt-in(R) database of more than 10 million members and provides advertisers with an integrated suite of incentive-based media products. It offers points to online shoppers who have agreed to respond to merchant banners, customized offers, and targeted e-mail solicitations. Each time members click on an ad or respond to an e-mail, they accumulate points that can be redeemed for gift certificates, travel rewards, and other items from brand-name merchants. www.mypoints.com.
COPYRIGHT 2003 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2003, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Apr 16, 2003
Words:499
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