As you check out the options, you may wonder if there are advantages to doing business with a bank as large and established as Citi, and there are. In addition to a variety of credit cards, you can open a deposit account for checking and savings, get a business loan, obtain car financing, and secure a mortgage. When you have a well-managed credit card through such an institution, you can put yourself in a favorable position for many of the bank’s other services and products. So which Citi card is right for you? That depends on what you qualify for and what you want. There’s no reason to stick with one card, either. You may come out ahead with a card that’s perfect for cash rewards and another for travel. Here are the best Citi business credit cards: Other strong benefits of this card include a balance transfer 0% APR for a longer-than-average time period. So not only will you earn money on your purchases, but you will also be able to save a significant amount with the expensive debt that you transferred to the card. There is no annual fee associated with the Citi Double Cash Card, and the APR is on the low end for people who have high credit scores. The key to this card is to use it for affordable expenses and then pay it off. The ThankYou points you earn will be available as a statement credit, deposited into your bank account, or sent to you as a check. If you’d rather use what you earned for travel, you may transfer it to Citi’s airline and hotel partners. Pros
No annual feeHigh rate flat-cash rewardsLong introductory balance transfer deal
Cons
Foreign transaction fee No welcome bonus
The Citi Custom Cash Card doesn’t have an annual fee, so as long as you keep your balances to zero, you will walk away with a substantial amount of money earned by charging things that are within your budget. This card also comes with a longer than average 0% APR introductory rate of 15 months, then a variable APR between 18.74% - 28.74% . It even has a cash back welcome bonus with a relatively low minimum spend, and the APR can be on the low side if you keep the account in good standing. In the end, though, it’s all about the cash, and this card has it. Pros
The ability to earn a very high rate on points in some categoriesNo annual feeVery long APR deal on purchases and balance transfers
Cons
You will have to strategize to get the most pointsCharges foreign transaction fees
As the name implies, this card is secured by your cash deposit. Depending on how much you put down, you may have a small or a large credit line. Whatever it is, Citi matches it with an equal credit limit. The deposit may be as little as $200, which will be kept in a separate account. When you close the card with no balance due, that money will be returned to you. The primary benefit of this card is that you are able to use it to build a healthy credit history with a deposit and credit line that make sense for you and your needs. There is no annual fee, nor does it offer any extra rewards. With regular use, though, you will add data to your credit reports, and start creating a credit score. Pros
Available to consumers with no credit No annual feeWidely accepted
Cons
No rewardsNot for bad credit
To qualify for the Citi Premier Card, you do need good to excellent credit. The annual fee is reasonable for what you get. Be aware that you do have to treat the card with extra care, however, because if you miss payments, the low APR can rise to a very high one. Pros
Valuable welcome bonus No foreign transaction feesThankYou points can be redeemed for travel or cash
Cons
Doesn’t have all the travel benefits of similar cardsAnnual feeRelatively high minimum spending requirement for the welcome bonus
It does have a balance transfer fee to be aware of, but the money you will save in financing fees should put you way ahead. It also offers a statement credit that you will earn when you meet the minimum spend. If you still have a balance after the end of the introductory timeframe, the APR can also be pretty decent – depending on your credit worthiness. Be aware that this card doesn’t have a rewards program where you can continue to earn. It’s not great for continued use, other than standard card transactions. Pros
Ultra long 0% APR timeframe No annual feeLow regular APR for cardholders with good credit
Cons
High balance transfer feeForeign transaction feeNo rewards program
Qualification requirements. Some demand higher credit scores than others. So you don’t apply for the one that is above your below your credit profile, review your credit report and scores first. Rewards. Do you want cash back, travel perks, or discounts on goods and services? Only you know, so check out the types of rewards each card offers. Welcome bonus. If you’re seeking a high bonus just for opening the card, make sure you can meet the minimum spend. You don’t want to be in the position where you’re scrambling to meet it and then don’t, or the requirement is too high for your budget. 0% APR intro offer. These are terrific deals when you want to finance something expensive without any fees being applied for a certain amount of time. Look for the card that offers it, and then make sure you pay the debt down before the real rate goes into effect. The right fees. If you travel internationally, no foreign transaction fees will be important. Annual fees can make sense when you get more out of the rewards then it costs you. Be sure to examine the fees carefully and only apply for the card that realistically benefits you.
Citi Rewards+® Card: Best for low intro APR and rewards accumulation Citi® / AAdvantage® Platinum Select® World Elite Mastercard®: Best for dedicated American Airlines flyersCostco Anywhere Visa® Business Card by Citi: Best for the small business owner who shops at Costco
