• 0% Intro APR On Balance Transfers For Twelve Months
  
• $50 Gift Card After First Purchase
  
• 5 Reward Points For Every $1 Spent On Purchases At Supermarkets, Drugstores, And Gas Stations
  
• No Annual Fee
  
• Free Rewards Program
  
• Citi® Identity Theft Solutions
  
• Price Protection Program
  
• $0 Liability On Unauthorized Purchases

Through the reward program, cardholders earn five points for every dollar spent on purchases made at supermarkets, drugstores, and gas stations and earn one point for every dollar spent on all other purchases. These points can be redeemed for various items or services and cardholders are given the option to reduce the card's APR for purchases and cash advances for varying amounts of time (which is a rare benefit). There is a 75,000 yearly limit to the number of points that can be earned and points will expire in five years.

This card has a reasonably low interest rate for purchases and balance transfers in relation to other reward cards. In addition, the card offers no annual fee and a 0% introductory rate that can be applied toward balance transfers for one year. Nevertheless, it is important to note that there is a minimum cap of 19.99% for cash advances; so no matter how low the Prime Rate falls (the APR is tied to the Prime Rate), the interest rate will not go below the minimum cap.

The card does provide platinum cardholder benefits that include up to $1,000,000 in travel accident insurance, auto rental insurance, car rental discounts, and various travel and emergency assistance services.

Therefore, those who plan to take advantage of the low balance transfer rate offered, are approved for the lowest interest rate for purchases, and are interested in participating in the reward program, will benefit most from what the Citi® Diamond Preferred® Rewards MasterCard® has to offer.