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Citibank Business Credit Cards Offering Free Discount Prescription Drug Benefit

by Peter Andrew
Citibank Business Credit Cards Offering Free Discount Prescription Drug Benefit

Editor’s Note: Thank you for your interest, this offer expired and is no longer available.

Citibank’s CitiBusiness credit cards have introduced a new perk for small business owners–a free prescription drug benefit. Through a partnership with New Benefits, Ltd., Citi is offering a prescription drug card to CitiBusiness cardholders that can result in discounts of 10 to 60 percent off on prescription drugs. The benefit is not insurance–cardholders still pay for their prescriptions at the time of pickup, but the discount card provides an automatic savings on the purchase price.

At a new Web site, http://www.prescriptiondiscountbenefit.com/, CitiBusiness cardholders can find which pharmacies accept the card and can check the price they will pay for their particular prescriptions. In addition to the free benefit for CitiBusiness cardholders, cardholders can also add employees that don’t carry the CitiBusiness card for 10 dollars per year. A Vision and Dental Discount Program, which can save cardholders anywhere from 10 to 60 percent on those services, is also available for $8.95 a month. According to a CitiBusiness survey, 65 percent of small businesses do’t offer health care benefits, and of the 36 percent that do, only 18 percent offer medical and/or dental insurance with a prescription plan.

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