How to Apply for Xbox Mastercard?
If you’re an avid Xbox gamer, you’re probably aware of the excitement that comes with earning rewards and rewards points for your gaming activities. One way to do so is by applying for the Xbox Mastercard. This card offers a range of benefits, including 3% cashback on Xbox purchases, 2% cashback on groceries and gas, and 1% cashback on all other purchases. In this article, we’ll guide you through the process of applying for the Xbox Mastercard and highlight the key features and benefits.
Eligibility Criteria
Before applying for the Xbox Mastercard, you should meet the eligibility criteria set by the issuer, Citibank. The criteria include:
- Age: You must be at least 18 years old to apply for the card.
- Credit Score: You should have a good credit score to increase your chances of approval.
- Income: You should have a stable income to demonstrate your ability to repay the credit.
- Residency: You should be a resident of the United States.
Applying for the Xbox Mastercard
Applying for the Xbox Mastercard is a straightforward process that can be completed online or by phone. Here are the steps to follow:
- Online Application: Visit the Citi website and click on the "Apply Now" button for the Xbox Mastercard.
- Phone Application: Call the Citi customer service number (1-855-946-6485) and speak with a representative to apply for the card.
- Required Documents: You’ll need to provide proof of identity, income, and residency.
- Credit Check: The issuer will perform a soft credit check to verify your creditworthiness.
- Application Review: The issuer will review your application and make a decision within a few minutes.
Card Features and Benefits
The Xbox Mastercard offers a range of features and benefits, including:
- 3% Cashback on Xbox Purchases: Earn 3% cashback on all Xbox purchases, including games, accessories, and subscriptions.
- 2% Cashback on Groceries and Gas: Earn 2% cashback on groceries and gas purchases.
- 1% Cashback on All Other Purchases: Earn 1% cashback on all other purchases.
- No Annual Fee: There is no annual fee for the Xbox Mastercard.
- 0% Intro APR: The card offers a 0% intro APR for 12 months on purchases and balance transfers.
- Rewards Redemption: Redeem your rewards points for Xbox digital currency, gift cards, or statement credits.
Fees and Charges
The Xbox Mastercard comes with some fees and charges, including:
- Foreign Transaction Fee: 3% of the transaction amount
- Late Payment Fee: Up to $38
- Returned Payment Fee: Up to $38
- Balance Transfer Fee: 3% of the transferred amount
Rewards Earning Structure
Here’s how the rewards earning structure works:
| Category | Cashback Rate |
|---|---|
| Xbox Purchases | 3% |
| Groceries | 2% |
| Gas | 2% |
| All Other Purchases | 1% |
Table: Rewards Earning Structure
Conclusion
The Xbox Mastercard is a great option for Xbox gamers who want to earn rewards and rewards points for their gaming activities. With its 3% cashback on Xbox purchases, 2% cashback on groceries and gas, and 1% cashback on all other purchases, this card offers a range of benefits. To apply for the card, you should meet the eligibility criteria and follow the application process outlined above. With its no annual fee and 0% intro APR for 12 months, this card is a great option for gamers who want to earn rewards without breaking the bank.