Last week I got this email message from CitiBank telling me all about the wonderful new benefits of using their little credit card. Here are the salient areas I want to talk about (and note the emphasized parts):
- Damage & Theft Purchase Protection: You may be covered for up to $10,000 per incident for 90 days from the date of purchase or delivery of the item purchased with your card. Please note, coverage provided by this benefit will be secondary (meaning if you have another insurance policy, this benefit will cover only the amount your other policies do not). Coverage won’t include firearms, ammunition, jewelry, watches, tires or items that are under the care and control of a third party including, but not limited to, the U.S. Postal Service, airlines, or delivery services.
- Citi Price Rewind: You may be reimbursed up to a maximum of $200 per item and $1,000 per calendar year. Program coverage won’t include consumables, tires, watches, firearms, or ammunition. You won’t be reimbursed if the lower priced item is found at a warehouse club where the merchant requires a membership fee.
- 90 Day Return Protection: You may be reimbursed up to a maximum of $300 per item and $1,000 per calendar year. Program coverage won’t include firearms, ammunition, tires, jewelry, furniture or appliances.
All these wonderful benefits will be mine after June 29 — which is kind of ironic because that’s the date I intend to cut up and cancel the card, after paying off the final balance.
And what does that final balance include, you may ask? Just the renewal fee for my annual membership at DFW Shooting Range.