Citibank offers a nice variety of generous rewards credit cards. Below we offer our ranking of the 5 “best” Citi credit cards:
Citi Custom Cash℠ Card – Why We Like It: No-brainer opportunity to earn 5% cash back in the everyday category you shop most each month, with no annual fee!
EARN: 5% cash back on purchases in your top eligible spend category each billing cycle, up to the first $500 spent, 1% cash back thereafter and on all other purchases. The 5% eligible categories are: Restaurants, gas stations, grocery stores, select travel, select transit, select streaming services, drugstores, home improvement stores, fitness clubs, live entertainment. NEW CARDHOLDER WELCOME BONUS OPPORTUNITY: Earn $200 cash back after you spend $1500 on purchases in the first 6 months of account opening.
Citi Premier® Card – Why We Like It Best: 3% cash back on a ton of purchases PLUS a HUGE bonus opportunity!
Earn: 3X/3% cash back at gas stations, PLUS 3X/3% at restaurants PLUS 3X/3% at supermarkets PLUS 3X/3% on air travel and hotels, and 1% on any other purchases. ALSO: Get $100 off a single hotel stay of $500 or more, excluding taxes and fees, when booked through thankyou.com (once per calendar year).
NEW CARDHOLDER WELCOME BONUS OPPORTUNITY: Earn 60,000 bonus points after spending $4,000 in purchases within the first 3 months of account opening. Those 60,000 points have a value of at least $600 in most cases. When a bonus offer is that big, a modest $95 annual fee makes sense to pay, especially when it comes with so many 3% categories that make this a useful “daily driver” credit card.
Citi® Double Cash Card – 18 month BT offer – Why We Like It: Simple, generous 2% cash back formula on all of your purchases, with no annual fee! EARN: 2% cash back on purchases: 1% when you buy and 1% as you pay — no categories to worry about, and no cap on the 2% cash back you can earn.
ALSO: 0% Balance Transfer Offer: 0% intro APR on Balance Transfers for 18 months. After that, the variable APR will be 18.49% – 28.49%, based on your creditworthiness. Balance Transfer Fee: There is an intro balance transfer fee of 3% of each transfer (minimum $5) completed within the first 4 months of account opening. After that, your fee would be 5% of each transfer (minimum $5).
Citi Simplicity® Card – Where It Shines: 0% intro APR for 21 months on balance transfers from date of first transfer when transfers are completed within 4 months from date of account opening. After the introductory period ends, a variable APR of 18.49% – 29.24%, based on your creditworthiness. Balance Transfer Fee: Either $5 or 3% of the amount of each transfer, whichever is greater, introductory fee for transfers made within 4 months of account opening. After that, your fee would be either $5 or 5% of the amount of each transfer, whichever is greater. NO ANNUAL FEE.
Citi Rewards+ – Why We Like It: Great for small purchases (thanks to the Round Up feature), plus 10% points redemption rebate with no annual fee!
EARN: 5 ThankYou Points per $1 spent at restaurants up to $6,000 for the first 12 months (and then 1 ThankYou® Point per $1 spent thereafter), 2 ThankYou Points per $1 spent at supermarkets and gas stations for the first $6,000 per year (and 1 point per $1 spent thereafter), and 1 ThankYou Point per $1 spent on all other purchases. ROUND UP: Round up to the nearest 10 points on every purchase. So a $4 coffee earns you 10 points, $12 at the drug store earns you 20 points, etc. (There is no cap on purchases that are rounded up.) 10% POINTS BACK: Get 10% Points Back when you redeem, up to the first 100,000 points redeemed per year. (For example, if you redeem 15,000 points, you get 1,500 back.) You can also combine points from this card with other Citi credit cards and get the 10% Points Back on points that originally came from other Citi cards!
NEW CARDHOLDER BONUS OPPORTUNITY: Earn 20,000 bonus points after you spend $1,500 in purchases with your card within 3 months of account opening. Redeem for $200 in gift cards or other rewards.
Author: Adam Jusko