The Citi Diamond Preferred Rewards Card gives you 6000 Thank You points after first purchase. With the 6000 bonus points, you can redeem for a $50 gift card from the Thank You Network. The gift card can be Best Buy, Sears, and Target just to name a few. There is no fee to enroll in the Thank You Network and points are easily redeem.

Here’s a quick summary of the benefits of Citi Diamond:

• No annual fee
• 5 Thank You points for every dollar purchase from Gas, Supermarkets, and Drugstores for 12 months.
• 0% APR on Balance Transfer for 12 months.

Few other benefits include identity theft protection, price protection program, and $0 liability on unauthorized purchases.

Usually, most cards have only either a sign on bonus or great cash back program, or 0 % apr promo. Citi Diamond Preferred Rewards has all three benefits. Although I wouldn’t do balance transfer with this card since the balance transfer fee is capped at $250. I wouldn’t not want to Balance Transfer for that high amount of fee.

If you are looking for a free $50 gift card, then apply now.