Citi Adjusts Rewards Program
Clint Riley reports for the Wall St. Journal on changes that Citigroup is making to its Citi Dividend MasterCard cash-back reward program. Riley reports that Citi is scaling back from 5 percent to 2 percent the reward paid for purchases made at supermarkets, gasoline stations and drugstores but adding convenience stores and utilities, including cable operators, to the list of qualifying merchants.
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