This text is dropped at you by the Private Finance Insider staff. It has not been reviewed, authorized, or in any other case endorsed by any of the issuers listed. A few of the provides you see on this web page are from our companions, like Citi, however our protection is all the time unbiased.
One of the best Citi bank cards in 2020:
The suitable sort of bank card is not the identical for everybody, and a few customers are higher off pursuing provides with a particular bank card issuer. Citi is an issuer that tends to work nicely with sure forms of spenders, together with individuals who need to earn a excessive charge of cash again and people who just like the redemption choices within the Citi ThankYou Rewards program. Citi additionally boasts a bank card with one of many longest intro APR provides in the marketplace right now, making Citi a well-liked card issuer for debt consolidation and steadiness transfers.
When you’re out there for a bank card and you are a Citi buyer already or need to change into one, you need to know concerning the prime bank cards Citi provides out there now. Listed below are our picks for 2020.
We’re targeted right here on the rewards and perks that include every card. These playing cards will not be worth it when you’re paying curiosity or late charges. When utilizing a bank card, it is essential to pay your steadiness in full every month, make funds on time, and solely spend what you’ll be able to afford to pay.
One of the best Citi card general: Citi Premier Card
The Citi Premier Card is our prime Citi bank card for 2020 primarily based on the very fact the rewards you earn are so versatile, but you do not have to pay an expensive annual price. With an annual value of simply $95 per yr, this card permits you to earn a really sizable preliminary bonus of 60,000 factors once you spend $4,000 inside three months of account opening. You additionally earn 3x factors on journey together with fuel, 2x factors on eating places and leisure, and 1x factors on all different purchases by August of 2020.
This card would not have any overseas transaction charges, and you should use your rewards for reward playing cards, assertion credit, journey by the Citi portal, or transfers to Citi’s airline companions. It’s also possible to store with factors on Amazon.com or BestBuy.com. Most redemption choices are for 1 cent per level, however you may get extra value once you switch your rewards to airline companions.
One of the best Citi card for journey: Citi Status® Credit score Card
TheCiti Status® Credit score Card provides a ton of essential journey perks together with a complimentary fourth night time free resort keep you’ll be able to redeem as much as twice per yr, airport lounge entry with a Precedence Move Choose membership, as much as $250 in annual journey credit, and as much as a $100 assertion credit score to cowl the applying price for International Entry or TSA PreCheck. This card comes with all of the redemption choices the Citi ThankYou Rewards program provides as nicely, together with transferring your factors to Citi’s to airline companions.
When it comes to incomes rewards, you’ll be able to rack up 5x factors on air journey and eating, 3x factors on motels and cruise strains, and 1 level per greenback on different purchases. A $495 annual price applies, however you’ll be able to greater than make up for this price when you earn the massive preliminary sign-up bonus and benefit from all the continued journey advantages.
- The knowledge associated to the Citi® Double Money Card has been collected by Enterprise Insider and has not been reviewed by the issuer.
- Limitless 1% cash again once you make a purchase order, and an extra 1% as you pay for these purchases.
- No annual price.
- Rewards can redeemed for cash again as an announcement credit score, direct deposit, or examine; it’s also possible to convert them to factors
Execs
- No annual price
- Easy incomes construction
Cons
- Some playing cards earn larger charges of cash again on rotating classes
One of the best Citi card for cash again: Citi® Double Money Card
The Citi® Double Money Card permits cardholders to earn 2% cash again on the whole lot they spend — 1% once they make a purchase order and one other 1% once they pay it off. This card would not cost an annual price, and you’ll select from redemption choices like a examine within the mail or an announcement credit score in your bank card account.
This card additionally has a beneficiant 0% APR supply, which helps you to pay 0% curiosity on steadiness transfers for 18 months, adopted by a variable APR of 13.99% to 23.99%. That makes the Citi® Double Money Card a very good choice for debt consolidation, though you solely earn rewards on purchases, and never on balances you switch from different bank cards.
Common APR
14.74% – 24.74% (Variable)
Credit score Rating
Good to Glorious
- The knowledge associated to the Citi Simplicity® Card has been collected by Enterprise Insider and has not been reviewed or offered by the issuer of this card.
- One of many longest 0% APR intervals on steadiness transfers (see phrases for particulars)
- No rewards program
- Citi® Identification Theft Options
- Buy Safety
- Automated Account Alerts
Execs
- Provides the longest intro APR interval for steadiness transfers (21 months)
- No late charges or penalty APR for late funds
Cons
- Greater steadiness switch price than another playing cards
- Does not supply rewards, so that you may need to improve to a different card when you’re finished paying off your debt
One of the best Citi card for steadiness transfers: Citi Simplicity® Card
The Citi Simplicity® Card provides you 21 months with 0% APR on steadiness transfers and 12 months with 0% APR on purchases, each adopted by an APR of 14.74% – 24.74% (Variable). Observe that, once you switch debt to this bank card, you may have to pay a steadiness switch price of 5% (minimal $5) upfront. There is no late fee price, although.
With a lot time on the 0% APR supply, you might have a superb opportunity to repay debt with none curiosity. Throughout this time, each cent you pay in your invoice will go straight towards the principal of your steadiness, which can expedite the method of paying down your debt. Plus, this card would not cost an annual price.
Annual Payment
$99, waived for first 12 months
Common APR
15.99% – 24.99% variable
- Earn 50,000 American Airways AAdvantage® bonus miles after $2,500 in purchases inside the first Three months of account opening
- Earn 2 AAdvantage® miles for each $1 spent at fuel stations and eating places
- Earn 2 AAdvantage® miles for each $1 spent on eligible American Airways purchases
- Earn a $125 American Airways Flight Low cost after you spend $20,000 or extra in purchases throughout your cardmembership yr and renew your card
- No International Transaction Charges
- First checked bag is free on home American Airways itineraries for you and as much as 4 companions touring with you on the identical reservation
- Take pleasure in most well-liked boarding on American Airways flights
- The usual variable APR for Citi Flex Plan is 15.99% – 24.99%, primarily based in your creditworthiness. Citi Flex Plan provides are made out there at Citi’s discretion.
Execs
- Bonus classes assist you to earn miles on on a regular basis purchases
- Payment checked bag on home American Airways flights
Cons
- $125 American Airways flight low cost is good, however it is advisable spend $20,000 in a cardmember yr to earn it
One of the best Citi card for airline miles: Citi® / AAdvantage® Platinum Choose® World Elite™ Mastercard®
The Citi® / AAdvantage® Platinum Choose® World Elite™ Mastercard® is a winner for frequent flyers who prefer to fly with American Airways and companions like British Airways, Finnair, and Cathay Pacific. Not solely are you able to earn an preliminary bonus of 50,000 miles with this card after you spend $2,500 inside the first Three months of account opening, however you may earn 2x miles on American purchases, eating, and fuel station spending, and 1 mile per greenback for all different purchases you make.
Cardholder advantages embody precedence boarding, 25% off in-flight meals and beverage purchases once you pay along with your bank card, and a free checked bag for you and as much as 4 companions in your itinerary once you fly American. This card comes with a $99 annual price, however it’s waived the primary yr.
Common APR
15.24% (Variable)
- Uncover one among Citi’s greatest cash again rewards playing cards designed completely for Costco members
- 4% cash again on eligible fuel for the primary $7,000 per yr after which 1% thereafter
- 3% cash again on eating places and eligible journey purchases
- 2% cash again on all different purchases from Costco and Costco.com
- 1% cash again on all different purchases
- No annual price along with your paid Costco membership and luxuriate in no overseas transaction charges on purchases
- Obtain an annual bank card reward certificates, which is redeemable for cash or merchandise at U.S. Costco warehouses, together with Puerto Rico
- The usual variable APR for Citi Flex Plan is 15.24%. Citi Flex Plan provides are made out there at Citi’s discretion.
Execs
- Beneficiant cash-back classes, particularly for fuel purchases
- No overseas transaction price
Cons
- You possibly can solely obtain rewards as soon as per yr
- That you must go to a Costco location to redeem rewards for cash again as a substitute of merchandise
One of the best co-branded Citi bank card: Costco Anyplace Visa® Card by Citi
The Costco Anyplace Visa® Card by Citi could possibly be an incredible alternative when you’re a Costco member and you want incomes cash again good for extra Costco purchases. This card permits you to earn 4% again on eligible fuel purchases on as much as $7,000 in spending every year (then 1%), however you may additionally earn 3% again on eating and eligible journey. Along with 1% again on common purchases, you may additionally earn 2% again once you store within the retailer at Costco or make purchases on Costco.com.
This card permits you to cash in your rewards after your February assertion credit score every year, and there isn’t any annual price with a paid Costco membership. You additionally will not pay any overseas transaction charges, and this card comes with prolonged warranties on eligible purchases that include a producer’s guarantee.
Earlier than you join a Citi bank card, it will possibly assist to grasp this card issuer’s sign-up bonus guidelines. These guidelines state that, when you’ve earned a sign-up bonus on a Citi card inside the identical “rewards household” or opened or closed an account inside that household inside the previous 24 to 48 months, you can’t earn the bonus once more.
The 24-month timeframe applies to Citi ThankYou Rewards playing cards just like the Citi Premier Card and the Citi Status® Credit score Card, whereas the 48-month language applies to American Airways bank cards just like the Citi® / AAdvantage® Platinum Choose® World Elite™ Mastercard®.
With this in thoughts, you may need to ensure you know once you final closed a Citi bank card earlier than you apply. When you enroll too early, you will not obtain the bonus on these playing cards — even when you’re authorized and also you meet the minimal spending requirement.
Citi has another nice bank cards that missed the minimize for our record, however relying in your wants and spending habits, they could possibly be an incredible match for you.
- Citi® Diamond Most popular® Credit score Card: Just like the Citi Simplicity® Card, the Citi® Diamond Most popular® Credit score Card provides 0% APR on steadiness transfers for 21 months (adopted by a variable APR of 13.74% to 23.74%). The primary distinction is that the Citi Simplicity card would not cost a late fee price.
- Citi® / AAdvantage® Govt World Elite™ Mastercard®: That is the premium American Airways bank card, with a $450 annual price and membership to the airline’s Admirals Membership airport lounge program. When you fly American on a regular basis, this could possibly be worth it — particularly as a result of buying an Admirals Membership membership can value $550 or extra, so it is cheaper to get the cardboard.
- American Airways AAdvantage MileUp℠ Card: On the opposite finish of the spectrum, there’s the AAdvantage MileUp card with no annual price. If you wish to earn American Airways miles however you do not fly steadily sufficient to warrant an annual price, this can be a good choice.
- Costco Anyplace Visa® Enterprise Card by Citi: When you’re a small enterprise proprietor, the enterprise model of Citi’s Costco card is worth contemplating.
