June 27, 2011
All new customers who apply for a new Magyar Telekom-Citibank co-brand card between June 1 and December 31, 2011, activate it and use the card for purchases or utility payments through direct debit totaling HUF10,000 within 50 days of approval, will receive a HUF10,000 cash back. The credit cards are available to Magyar Telekom's gold and platinum level T-Home and T-Mobile loyalty Connection Program postpaid members.
This amount will be credited to the customer's credit card account on the 15th of the month following the required minimum HUF10,000 purchase and it will decrease the actual outstanding amount of the credit card account.
Batara Sianturi, Citi Country Officer for Hungary said, “We promised our customers to continuously enhance our services with value-added offerings that meet their lifestyle needs and facilitate responsible card usage. The Magyar Telekom-Citibank credit card offers outstanding benefit to our customers if their monthly telecom invoices are paid through direct debit.”
Jon Wiggins, Consumer Business Manager for Hungary added, “With our HUF10,000 cash back promotion, we would like to draw the attention of our customers to this remarkable card that combines a flexible and safe payment instrument with the most attractive cash back program of its kind in the Hungarian telecommunications industry.”
New customers can use their new Magyar Telekom-Citibank credit card with no annual fee in the first year. During the three-month introductory period following the approval of the credit card by the bank, a 20 percent cash back, maximum HUF 5 thousand related to T-Home and T-Mobile monthly invoices is linked to the Gold credit card in case the payments are made by the card through direct debit, while this cash back is 10 percent, maximum HUF2,500 with Silver credit cards. From the fourth month the standard cash back is 50 percent of that in the introductory period.
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