Citi Driver's Edge Card MasterCard

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Purchases made using the card at supermarkets (not including warehouse clubs), gas stations and drug stores earn a 6 percent rebate for the first 12 months, and then 3 percent afterwards. All other purchases bring in a 1 percent rebate.

Rebates can be used for any new or used vehicle, including motorcycles and vans.

Points expire after five years.

Cardholders can earn a maximum of $1,000 in annual rebates. The total amount that can be applied toward the purchase or lease of a vehicle is $5,000. Rebates expire if you don't use the card for 12 consecutive months.

Anyone can apply;
Phone: 800/931-9587
www.citibank.com

Variable APR of prime plus 5.99%

If you just don't know what kind of car you might want in a few years, the Driver's Edge card's almost complete flexibility — points can be used for new or used vehicles from any automaker — makes it valuable. But if you use your card a lot, you can all too quickly reach the $1,000 annual cap on rebates, which makes it so that any further spending won't earn you any points.