Citibank deems frequent flier miles taxable income
The value of frequent flier miles is coming under fire as Citibank recently issued IRS 1099 tax forms to members who received miles as an incentive to open a checking or savings account. In reporting an assigned dollar value to the miles, the bank is saying those miles represent taxable income. Whether or not the [...]
Credit Card Law, Citi Bank
EMV chip technology coming to a credit card near you
Starting this month, overseas business travelers who carry Citi corporate credit cards can breathe a little easier when making purchases. And back in the States, regular Joe consumers may soon find themselves inserting instead of swiping their credit cards. Both these changes are thanks to a burgeoning EMV chip technology, which is about to get [...]
Citi Bank, Wells Fargo, Visa, Chase Bank
Citi Simplicity Card is easy, but not cheap
Citigroup launched a revamped Citi Simplicity Card a credit card with an offer that aims to simplify the fees, rates and rules that create hassles for many cardholders.
The Simplicity card has these key features zero percent introductory APR for 21 months on balance transfers and on purchases. After the introductory period, the variable APR will [...]
New Citi/AA airline credit card offers "chip and PIN" plus elite perks
Editor's Note: Thank you for your interest, this offer expired and is no longer available.
Citi Cards and American Airlines offer unprecedented benefits and a "chip and PIN" option to lure elite travelers to their latest airline credit card.
Travel rewards and perks
The Citi Executive / AAdvantage World Elite MasterCard builds on the 24-year relationship between Citi [...]
Rewards / Travel Cards, MasterCard, Citi Bank, Testing / Technology
Citi, American Express announce exclusive cardholder experiences for April
Editor's Note: Thank you for your interest, these offers have expired and are no longer available.
Plenty of credit cards offer cash back rewards and frequent flyer bonuses. That's one reason why some credit card issuers try to lure new cardholders with once-in-a-lifetime arts and entertainment events. The spring season already has its first set of [...]
Citi Bank, American Express
Chase, Citi Liquidating Some Affinity Credit Cards
As one major credit card issuer raises cash by selling off operations, another prepares to streamline its offerings to save money. A report in the Wall Street Journal chronicled the efforts of Citigroup CEO Vikram Pandit to liquidate some Citi Credit Card private label and affinity products. Citi's Sears Holdings card accounts and other affinity products [...]
Retail Cards, Chase Bank, Citi Bank