Citi and AT&T Team Up to Announce Bonus Savings to New AT&T Universal Cardmembers

The growing capabilities of smartphones are convincing more and more consumers to upgrade to more advanced devices. Through its unique relationship with AT&T, Citi, a leading provider of credit cards, is offering a $50 bonus savings credit to customers who open an AT&T Universal Savings and Rewards Card between June 29, 2010 and August 15, 2010. Customers can use this savings as they advance to the latest AT&T mobile devices in addition to enjoying the ongoing benefits and savings built-in to the card.

"Our customers tend to be tech-savvy, and often lead busy on-the-go lifestyles, so we’re continually looking to serve their needs, and make their lives easier. Increasing value and savings on their mobile phone solutions, which can often change as technology advances, are ways that we deliver on this commitment,” said Paul Galant, CEO, Citi Cards. "The new offer on our AT&T Universal Savings and Rewards Card expands the savings that customers can earn, which, in many cases, can help in upgrading to a new mobile device.”

Through this limited-time offer, customers who open a new AT&T Universal Savings and Rewards Card will receive a $50 bonus savings credit when they spend $50 or more within the first three months of becoming a cardmember. The AT&T Universal Savings Cards are the only credit cards that offer savings on AT&T purchases and services – up to 10% during the first 12 months and 5% ongoing. Cardmembers receive these savings as an automatic statement credit, and can save up to $350 a year.

In addition to offering unique savings, AT&T Universal Savings and Rewards cardmembers also earn 1 ThankYou® Point for every dollar spent on non-AT&T purchases through the Citi® ThankYou Rewards Network, a free rewards program featuring millions of rewards including merchandise, music downloads, travel and gift cards at leading retailers and restaurants. In addition, cardmembers also receive significant built-in value and benefits that include

• No annual fee
• 2 free directory assistance calls and 30 prepaid calling minutes per month
• Access to free tools, such as mobile banking and shopping tools, e-mail and text alerts, billing date options and automatic payments.
• Zero liability on unauthorized purchases
• Fraud Early Warning with 24-hour protection from fraud and Citi Identity Theft Solutions
• Retail Purchase Protection; Auto Rental Insurance; Emergency Travel Assistance; Travel Accident Insurance
• Access to Citi’s free, industry-leading credit education program, Use Credit Wisely, at http://www.usecreditwisely.com.

To take advantage of this limited time offer, customers can apply for an AT&T Universal Savings & Rewards card by visiting www.savings.universalcard.com.

About AT&T

AT&T Inc. (NYSE:T) is a premier communications holding company. Its subsidiaries and affiliates – AT&T operating companies – are the providers of AT&T services in the United States and around the world. With a powerful array of network resources that includes the nation’s fastest 3G network, AT&T is a leading provider of wireless, Wi-Fi, high speed Internet and voice services. A leader in mobile broadband, AT&T also offers the best wireless coverage worldwide, offering the most wireless phones that work in the most countries. It also offers advanced TV services under the AT&T U-verse^® and AT&T ¦DIRECTV brands. The company’s suite of IP-based business communications services is one of the most advanced in the world. In domestic markets, AT&T Advertising Solutions and AT&T Interactive are known for their leadership in local search and advertising. In 2010, AT&T again ranked among the 50 Most Admired Companies by FORTUNE^® magazine.

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About Citi

Citi, the leading global financial services company, has approximately 200 million customer accounts and does business in more than 140 countries. Through Citicorp and Citi Holdings, Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management. Additional information may be found at www.citigroup.com or www.citi.com.

Terms & Conditions

Cardmembers will earn 5% on each dollar spent on eligible AT&T purchases that is matched by spend on other purchases. For the first 12 months of cardmembership, cardmembers will earn 10% on each dollar spent on eligible AT&T purchases that is matched by spend on other purchases. Cardmembers can earn a maximum of $350 in savings in a calendar year.

Customers will earn 1 ThankYou point for each dollar spent on non-AT&T purchases. No ThankYou points are earned on AT&T purchases, and cardmembers can earn a maximum of 50,000 ThankYou points during a single calendar year.

Customers must apply for the Universal Savings & Rewards card through savings.universalcard.com to qualify for the $50 bonus savings offer. Additional terms, conditions and restrictions apply to AT&T Universal Savings Card benefits and features. See universalcard.com for details.