Citi offers cash-back on MasterCard debit purchases

Citi has launched new checking account promotion, offering cash back rewards for signature debit. 

So, customers who open a new, qualifying checking account are eligible to receive 5% cash back on signature debit card purchases through November 30. Accomplishing any types of purchases, consumers can now earn money back when they sign for those purchases using their Citibank Debit MasterCard.

The opportunity to get 5% cash back on qualifying signature debit card purchases is available to new customers opening eligible Citibank personal or business checking accounts between now and July 9, 2010.

During the six-month promotion Citi will automatically deposit a cash bonus - up to the maximum amount of either $250 for personal accounts or $500 for business and premier personal accounts - directly back into the customer's checking account.

Hence, participating customers can earn 5% cash back on qualifying signature purchases through November 30th including:

·         In-store purchases where they choose 'credit' and sign

·         Purchases made online, by phone or mail order

·         Low dollar-amount purchases that don't require signature