AT&T Universal Card
From LoveToKnow Creditcards
Citibank is the funding issuer for the AT&T Universal Card. There are several types of cards in this offering: Platinum, Rewards, and Student Platinum and Rewards.
One Major Difference
While the Platinum and Rewards cards are similar, main variation is the annual percentage rate and how it is computed.
| Card Type | 0% APR Term | Applies For | Standard APR | |
| Platinum | 12 mos. | All balances | 11.33% | |
| Rewards | 12 mos | Transfer balances only | 11.57% | |
| Student | 6 mos | Transfer balances only | 17.81% |
When Interest Rates Change
Every mention of interest rates in the AT&T Universal Card terms of service states that all rates are variable. This means the annual percentage rate can change at the discretion of the issuer.
The rates as of November, 2006 are:
- 23.31 percent for cash advances
- As high as 32.31 percent on accounts in default status. (Default is defined as late payment or exceeding the credit limit.)
Rewards Trade Off
AT&T Universal Card Platinum members receive zero percent APR on all balances for 12 months. Rewards cardholders only receive zero percent on balance transfers.
Instead, AT&T Universal Card Rewards members receive ThankYou points. This marketing program offer varies depending on the time of enrollment.
Pointed Details
Although the details may change, here is a general outline of how to earn points with the Rewards card:
- 1 point earned for every dollar spent on purchases
- 5 points earned for very dollar spent on eligible purchases
- Eligible purchases include certain purchases made through online retailers such as Best Buy, Target, Sharper Image, and Eddie Bauer
- 6,000 points, if the first purchase is made within the first three months
- Unspecified points when booking travel through Expedia
A maximum of 75,000 points are allowed in any calendar year.
In the terms of service, it states that it might take one or two billing cycles before the points appear on the customers account. The points cannot be redeemed until they are posted.
Point Redemption
As with all such programs, the items available and the number of points necessary for redemption can change. Here are a few random examples in the various point categories (as of this writing):
- 1,500 points earns you a $10 Barnes and Noble, Foot Locker, or Blockbuster gift card
- 2,500 points earns you five 60 minute prepaid AT&T phone cards
- 4,000 points can be traded in for a Spalding horseshoe set
- 6,000 points translates into a $50 Amazon.com gift certificate
- 10,000 points can be redeemed for a $100 Target gift card
- 38,000 points adds up to a $250 statement credit
- 69,800 points translate into a Sony DVD Camcorder
Cardholders should remember that it might be less expensive to purchase the products instead of receiving them through Reward points. The amount of purchases necessary to accumulate a large number of points will have more value of the card’s balance is paid in full each month.
Free Phone Calls
Holders for the Universal card also earn free phone calls.
- Customers receive two free inquiries to directory assistance each month.
- AT&T Universal Card members receive a free 30-minute phone call every month.
Read the terms of service carefully before making these calls. Not all locations apply in the ‘free’ program, and rates are higher if the call is made from a pay phone or from some mobile phones.
Online Services
Cardholders can access their statements online and view unbilled activity. They can also pay other bills with the AT&T Universal Card, and recive customized account alerts via email.
Security
The Universal card's security options include:
- Account coverage 24/7 by Citi® Network of protection services
- Zero liability for unauthorized charges
- Assistance with identity theft
- Fraud monitors contact AT&T Universal Card customers to verify unusual activity.
- Free virtual account number for online purchases
- Complimentary replacement card and emergency cash in as little as 48 hours if cardholder’s wallet is lost or stolen
Wireless Phone Insurance
If a wireless phone is lost or stolen, it is covered by insurance. A clause in the terms of service indicates that:
- A $50 deductible applies
- Maximum reimbursement $100
AT&T Universal Card Fees
Using a credit card does not come without credit card fees. This card is no exception. Fees incurred may include:
- Annual Fee: None
- Cash Advance: 3 percent of advanced amount.
- Balance Transfer: 3 percent of transferred amount up to a $75 maximum charge
- Late Fee: $29
- Over limit Fee: $39
Summary
The AT&T Universal card has been around for years. Its program offerings do not stand out significantly from other credit card choices available. It is most important to check the terms, fees, and conditions of every card issuer to determine the best choice for that individual customer.
Related External Links
Related Credit Card Links
Written by Pamela Lach
This page has been accessed 1,088 times. This page was last modified 02:56, 26 December 2006.
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