Citi Gold Aadvantage Mastercard

Citibank is an esteemed company of Citigroup providing quality personal and banking services for its customers worldwide. The credit cards of the company are preferred for their outstanding rewards and standard charges.

The frequent flyers in American Airlines have an ideal card in Citi Gold AAdvantage MasterCard that lends the opportunity to earn loads of miles that are redeemable for your frequent flights.

The miles you earn for the money spent on the card is easily redeemable not only for free-flights on American Airlines, but also for car rentals and hotel stays. If you have a good credit, only then should you make plans to go for the card.

Rewards From The Card

The Citi Gold AAdvantage MasterCard is better known as airline reward card and you would find it to be quite true given the innumerable miles you can earn with this card. Confirm this while studying the information below:

§ Get one American Airlines AAdvantage mile for every dollar you spend on eligible purchases.

§ The first purchase with the card gives you 12000 plus miles

§ Receive Reduced Mileage Awards that offer about 5000 fewer AAdvantage miles for flying to selected locations

§ You will have no problems redeeming AAdvantage miles at more than 25 of the world’s top airlines, major car rental companies and hundreds of luxurious hotels.

§ Some select airlines do not have any blackout dates; you can redeem your points of AAdvantage award travel at will on these select airline carriers like American Eagle, American Airlines %26 American Connection carriers.

§ Your AAdvantage miles may never expire

§ The fabulous offer of the Citi Gold AAdvantage Mastercard is the free companion certificate. Each time you purchase a round-trip coach ticket for American Airlines, which costs you about $299, you will receive a companion certificate.

Basic Features

The Citi Gold AAdvantage MasterCard has some exciting features, which will certainly interest you. The APR of the card is quite moderate. The card has a reasonable annual fee of $85 per year. With the annual fee waived for the first year, you can save money with the free reward flights but you should pay your monthly balance in full.

You are not bound to any pre-set spending limit with the Citi Gold AAdvantage card, so you can be sure that you will always have ready funds for your travel and other requirements. Again, you can earn up to 60000 miles each year making purchases using your card. This is significant figure and will certain go in your favor.

Extra Benefits

Not only the miles, there is a lot of additional benefits to be achieved from Citi Gold AAdvantage MasterCard, which includes automatic travel accident insurance that you and your family receive on every ticket purchased, insurance on car rental, loss or damage insurance, lost luggage cover, protection for your retail purchase, extended warranty options and the list continues.

Richard Gilliland Provides Expert opinions and reviews to help you Compare and Apply for a Credit Card - Compare Credit Card Offers with Credit-Wisdom.com - Unraveling the best in Personal and Business Credit Cards.

Can I get cash using my credit card(citi bank mastercard) from an atm machine in the states?

ok I got credit card from citibank in newyork. i'm us citizen.

I have never used a credit card. so please understand my trivial questions.
1. continuing from the above question, will my credit card work on any atm machines in the states? as long as the machine says mastercard?

2. Can I use any mastercard atm machine in south korea? will I be able to take out their cash currency which is Won? meaning, will I be able to take out cash using atm machine in korea?

3. If I buy clothes, or other goods in south korea, will they charge me in dollars? of course the price will be in Won, korean currency, but would they automatically convert it to dollars and charge me in dollars?

Please answer me in details! thanks! it's so exciting to have a credit card!

Answer
1) Yes, the Citibank card is usable at ATM's with the Mastercard logo. My Citicard actually has a Cirrus logo, which is an interbank ATM network many banks use. Yours may have that too. In that case, you can probably use it at those ATM's as well.

Just be sure you have the PIN for the card. Citibank allows you to set it online through http://www.accountonline.com/

2) Yes, your Citicard will function like a normal ATM card. You should have no problem taking out cash. Just be sure to call Citibank first and tell them that you will be out of the country so they don't shut your card down in suspicion of fraud.

3) Yes, when you use the MasterCard in Korea, it will be charged in Korea in Won. Then it is converted into dollars per the current interbank exchange rate. My cardholder agreement, probably similar to yours in fees dictates that you are also subject to a 3% fee on foreign currency transactions.

So if you buy something for 96,000 Won, it will be first converted into $99.53 (assuming an exchange rate of 964.498 Won/Dollar) and then 3% is added to that for a final charge of $102.52.

I would watch out when withdrawing cash with credit cards though. You are subject to pretty steep interest rates. Use your ATM card instead and the credit card for cash emergencies if you can.

Good luck!