Citicards Ca: Citicards Canada- Choices and Options

By: EconomyWatch Content Team   Date: 21 January 2010

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If you think that Citicards are not for Canadian citizens then think again! The Citibank Company has a global reach and it welcomes all Canadian consumers to take a look at what it has to offer. Citicards Ca: Citicards Canada is open to applicants from all income levels. This is a company that wants you to learn about the selections they have to offer anyone looking to apply for a credit card.

Before you apply for one of the Citibank cards you have to make sure that you are qualified to do so. In order to apply for a Citi MasterCard you must be a permanent resident of Canada and you must earn a minimum of $15,000 a year. You must be currently employed and you cannot have filed for bankruptcy any time within the past seven years. You also must meet the minimum age requirement which is 18 years of age in most areas. Please note however that the age required in Newfoundland, Nova Scotia, New Brunswick, British Columbia, the Northwest Territories, the Yukon and Nunavut is 19.

The process for applying to Citicards Ca: Citicards Canada is simple and to the point. The application is relatively short and covers all of the important information that the company requires to process your application. You need to accept the terms and conditions on the website that are found in the Card Product Information PDF document before you can proceed any further.

If you are looking for a basic card then the Citi MasterCard would do you nicely. This is a no frills card that boasts no annual fee. Free supplementary cards are available when you are approved for this card. If you wish to do a balance transfer with this MasterCard than you will be treated to an introductory balance transfer offer. This offer is for 5.9 percent for a period of six to 12 months. You are also offered the option of Credit Shield. For a small fee Credit Shield can provide you balance protection in the event that you run into a problem paying your bill.

Here is the overview for this Citicards Ca: Citicards Canada:

·    Fair credit is required
·    The minimum credit limit is $500
·    The annual interest rate is 19.9 percent
·    The cost of a cash advance is 19.9 percent
·    The grace period is 21 days
·    The minimum payment is $20 or 2.1 percent (whichever one happens to be greater)
·    The insurance plan is Credit Shield
·    You must be under the age of 65 to qualify
·    The monthly premium for Credit Shield is $0.89 (which is per $100 of  the outstanding balance)
·    The maximum benefit of Credit Shield is $10,000

When it comes to Citicards Ca: Citicards Canada the Citi MasterCard is an excellent choice!

Citi MasterCard is a trademark of Citicards. They can be found online at http://www.citibank.com/canada/homepage/english/index.jsp/.


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