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Citi® Home Rebate Platinum Select® MasterCard®
Citi® Home Rebate Program Information
- "You" and "Your" as used in these Terms and Conditions refer to Citibank
Credit Card members who accept the Citi® Home Rebate Program (the
"Program"). "Citi", "We", "Us", and "Our" as used in these Terms and
Conditions refer to Citibank (South Dakota), N.A. "Account" refers to your
Citibank Credit Card account enrolled in the Citi® Home Rebate Program.
"Mortgage Company" refers to the name of the Mortgage Company associated
with your credit card account; "Mortgage Information" refers to the account
identification number, payment address, and other details associated with
your credit card account. "Rebate Anniversary" refers to the Month and Year
in which accumulated rebates will be distributed.
- You will earn a one percent (1%) rebate for every one dollar in new
purchases charged to your account. There is no limit on the amount of
rebates you may accumulate each year. The total rebates earned at the close
of each billing cycle will be reflected on your monthly billing statement.
Unless specifically stated otherwise, rebates will not accumulate on
returned purchases, convenience checks, cash advances, transferred balances,
finance charges, or other Account fees, credits and balances carried over
from previous statements. Disputed amounts and purchases made in violation
of law or the Citibank Card Agreement will not earn a rebate. Credits
applied to your account, including those arising from returned or disputed
purchases made prior to or after enrollment, may reduce or eliminate points
accumulated in the Program, and may result in a negative balance.
- Once a year on your behalf, Citi will forward any accumulated rebate on
your account to the Mortgage Company listed in our records. You are
responsible for providing Citi with notice of any change in Mortgage
Company, Mortgage Information, or other information that we may request from
you from time to time regarding your Mortgage account. The rebate earned
will automatically be sent to your Mortgage Company within two billing
cycles after the end of your Rebate Anniversary month, as listed on your
monthly billing statement. In the event that we are unable to forward the
rebate to your Mortgage Company for any reason, Citi will issue a statement
credit for the rebate amount on your monthly billing statement, within two
billing cycles after receiving notice from your Mortgage Company that the
rebate was not applied to your Mortgage account.
- Following the transfer of your accumulated rebate from Citi to the
Mortgage Company, Citi shall not be responsible or liable in connection with
the administration of this rebate, or items associated with your Mortgage,
which shall be the responsibility of your Mortgage Company. Citi also waives
responsibility and liability for any prepayment penalty(ies) your Mortgage
Company may charge you as a result of the rebate payment.
- If your account is closed for any reason, or if you are in default under
any Card Agreement, you may be disqualified from participating in the
program, and such disqualification will result in the loss of your
accumulated rebate. If you convert your Citi card to a credit card that is
not eligible to participate in the Program, you will lose your accumulated
points and will no longer be enrolled in the Program.
- You are responsible for any taxes on rebate payments.