Citi Drivers' Edge MasterCard

Issued By: Citibank Canada

Rating:

Classification: Standard Card

The Citi Drivers' Edge MasterCard is very similar to the The GM Card in that it gives you cash back that can be used towards the purchase or lease of a new vehicle. It's also like The GM Card in that its generous cashback reward comes without an annual fee. Unlike The GM Card, however, the Drivers' Edge MasterCard lets you use the cash back to buy or lease any vehicle, not just GM vehicles, which is good. However, the Drivers' Edge only gives you 2% cash back whereas The GM Card gives you 3%, which is bad. It is still, however, one of the best cash back programs in Canada.

Citi Drivers' Edge MasterCard Information:

Annual Interest Rates:	On Purchases: 19.90% On Cash Advances: 19.90% On Balance Transfers: 19.90% Grace Period: 21 days Grace Eligibility: Two-month balance paid
Fees:	Annual Fee: None Annual Fee on Extra Cards: None
Travel Protection:	Accident: No Cancellation: No Medical: No Car Rental: No Flight Delay: No Baggage: No Purchases: No
Minimum Payment:	2.1%^[1]
Reward Programs:	Air Miles: No Cash Back: 2%^[2] Other: No
Requirements:	Minimum Income: $15000 Minimum Limit: $750
Online:	Works Online: Yes Works with Paypal: Yes Website: Click here

¹ The minimum payment is always at least $20 unless the balance is less than $20.
² The cash back can only be used to purchase or lease a new car.