Citi - Upromise Platinum Select Mastercard Review

Why oh why do I still have this credit card?  I ask myself that often and don't have a very good answer other than I don't want the hassle of changing it because it's linked to my Exxon/Mobil Speedpass. 

While I really love the Upromise program, I think that the Citi Upromise Platinum Select MasterCard is not worth obtaining nor using.  There are many more reward credit cards out there with better benefits.

I've had this card for three years and have earned exactly $133.49 in my Upromise account.  That doesn't include the whopping $1.64 that I earned this month on my $164.44 balance. 

I'm all about FREE money (see my review on the Upromise program), but paying a lot of money to receive very little money is not what I had in mind.  If you do the math above, you can figure out that I spent over $13,000 to earn a paltry $133.49 that went into my Upromise account.  If you think that's a great return, I have some land at the North Pole to sell to you.

I have a good-sized credit line, a decent interest rate at 10.99%, and no annual fee with this credit card.  However, that said, the Citi Upromise Platinum Select MasterCard really does not benefit me.  I would be better off paying cash for my purchases and depositing money directly into my children's savings accounts.   

Unless you tend to make major purchases on a regular basis, I would pass on this credit card.  The .01 cash back that goes into your Upromise account, is not worth it.  You can do much better on other reward cards.