Earning your business has been a top priority of any credit card company. For a number of years now, people have earned rebates, rewards, airline miles, free merchandise, cash back, hotel rewards, and other special credit card perks as a way to be rewarded for making purchases on a credit card. If you pay off your credit card balance in full every month, a credit card perk program can be very rewarding. We want to discuss the Citi® Home Rebate Platinum Select® MasterCard® and look at some of the Pros and Cons of the credit card to help you decide if this type of credit card is right for you.

Citi® Home Rebate Platinum Select® MasterCard®
Help pay off your mortgage faster with the Citi® Home Rebate Platinum Select® MasterCard®. Everyday purchases will give you a 1% rebate toward your mortgage principal.

Card Highlights:
- No limit on the amount of your rebate .
- Rebates applied to your mortgage principal each year.
- Works with any mortgage.
- No annual fee.
- $0 liability on unauthorized charges.

Pros of a Home Rebate Credit Card:

• Rebates applied to you mortgage principal.
• Works with any mortgage.
• No caps or limits on the amount of rebates you can accumulate in a year.
• No Annual Fee.

Cons of a Home Rebate Credit Card:

• 0% Promotional APR does not apply to Purchases or Cash Advances.
• 6% Promotional Rebate on internet connections, telecom services, cable, satellite (including other pay TV and radio services), and utilities only available for the first 12 months, then rebate will only be 1%.

So if you pay off your credit card balance in full every month, a home rebate credit card offer may be right for you. Once a year, the rebates you've earned will be sent to your mortgage company to be applied toward your outstanding principal balance. With no cap on the rebate amount, you could save months off the term of your mortgage and thousands of dollars in principal and interest.