Citi Dividend Card Lowers dividend by 3%
I got the letter. I was hoping it was only rumors, but to my dismay I received the Citi Dividend Card letter about the reduction in dividends. They are decreasing the divedend to 2% for purchases in supemarkets, gas stations, and drugstores. They added a 2% dividend on utilities to compensate for the 3% drop in dividend. The change will take effect on October 13, 2006. I have not looked at other cards yet, but plan to apply for a different card thay pays out a dividend. Any suggestions? I have other cards with Thank You Points, but nothing beats the $50-60 check I get in the mail every 2 to 3 months.