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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 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 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," said Bill Borden, SVP 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: C), the preeminent global financial services 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, Banamex, and Travelers Life and Annuity. Additional information may be found at: www.citigroup.com.

About MyPoints:

MyPoints.com is a leading provider of Internet direct 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.
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Publication:Business Wire
Geographic Code:1USA
Date:Apr 16, 2003
Words:499
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