The Citi PremierPass Card is designed for those who have excellent credit and are looking for a card that also offers a reward program. With the Citi PremierPass program, you earn one point for every dollar you spend on general purchases and one point for every three miles that is flown on any airline using the card to purchase the ticket. The points that are earned can be redeemed for travel on any airline, gift certificates, merchandise, and much more. Cardholders are limited to 100,000 points per year (only 50,000 of these can be ThankYou Flight points), and they will expire in three years if the account has been inactive during that time. A bonus of 5,000 will be awarded with the first purchase.

There is no annual fee for this card, and it offers a 13.99% variable interest rate for purchases and cash advances. In addition, there is an introductory interest rate of 0% on balance transfers that is good for one year. However, there is a minimum APR on cash advances of 22.99% variable rate based on the prime rate, and the rate will never be lower than the minimum rate, currently 19.99%. After the introductory period, there is a balance transfer fee of 3% with a minimum of $5 and maximum of $75 assessed. Cash advances are subject to a 3% fee with a minimum of $5 assessed.

Some of the other benefits that are available with the Citi PremierPass Card include the following:

Online access to your account

Solutions to identity theft

Protection from fraud

Automatic payment of your bill

Reporting of lost and stolen cards

Emergency card and cash replacement

Insurance for auto rental

Year-end financial statement if requested

Medical and legal referral services

Assistance with lost luggage

No liability to the cardholder for unauthorized transactions

Emergency assistance and travel services

Travel accident insurance up to $1,000,000

As with any rewards card, the benefits quite often outweigh any of the disadvantages. Unless you are a frequent user of cash advances, your benefits will far exceed that one negative aspect of this card.