Best Citi® Credit Cards

When it comes to credit cards, Citi® is one of the major players in the market. Just like Discover®, Citi® also offers a range of different credit cards that cater to different types of people. For instance, if you are studying in college and you are trying to start your journey with credit, Citi® has a card to offer. If you are a frequent flier, the company has something for you. If you need a simple everyday credit card, there is one for you as well! Let us quickly look into the list of best Citi® credit cards that you can go for.

Best Citi® Credit Cards

1. Citi ThankYou® Preferred Card for College Students

Best Citi® Credit Cards

Citi® has designed this credit card for college students who are just starting their journey in the world of credit. The card targets those students who do not have good credit or have no credit. Because of the lack of good credit, it becomes difficult for students to get hold of reward cards. The Citi ThankYou® Preferred Card for College Students will allow the students to redeem the points they earn either as gift cards through Citi’s ThankYou® Program or on travel. The salient features of the card include:

Regular Annual Percentage Rate 16.49% to 26.49% (variable)
Introductory APR for purchases 0% – valid for 7 months
Introductory APR for balance transfer None
Balance transfer fee 4% of the total amount transferred (minimum fee is $5)
The annual fee on the card $0
Foreign transaction fee 3%
Required credit Good or limited
Late fee Up to $35
Penalty APR (variable) Up to 29.99%

The main benefits of the card are:

  • Signup bonus: Once a student spends $500 within the first 90 days after opening an account, Citi® will provide 2,500 bonus points.
  • Other bonuses: Students will always earn 2 reward points for every dollar they spend on entertainment and dining out using the card. Students will also get 1 reward point for every dollar they spend on all other purchase types.
  • Redemption of bonus points: Students can redeem all their bonus points at ThankYou.com. Students can redeem the points in the form of gift cards, electronics, etc.
  • Cash advance: Students can use the card for cash advances, but there will be a charge of minimum $10 or 5% of the cash advance amount. The APR applicable for cash advance repayments is 24.24%.

2. Citi® / AAdvantage® Platinum Select® World Elite™ Mastercard®

Best Citi® Credit Cards

One of the best Citi® credit cards is the Citi® / AAdvantage® Platinum Select® World Elite™ Mastercard®. The card is a co-branded card. Citi® offers this card in association with American Airlines. This credit card suits those who are frequent fliers and exclusively use American Airlines. Because the card is a co-branded credit card, there are exclusive benefits for the users. Let us take a quick look at the features and benefits that the credit card has to offer.

Regular Annual Percentage Rate 17.99% to 25.99% (variable)
Introductory APR for purchases None
Introductory APR for balance transfer None
Balance transfer fee 3% of the total amount transferred (minimum fee is $5)
The annual fee on the card $0 for the first year and $99 thereafter
Foreign transaction fee 0%
Required credit Good or Excellent
Late fee Up to $35
Penalty APR (variable) Up to 29.99%

The main benefits of the card are:

  • Signup bonus miles: If a user spends $2,000 in first three months of opening the account, he or she will get 40,000 AAdvantage® miles. After that, if the user spends $6,000 within first 12 months from the date of opening the account, he or she will get another 10,000 miles.
  • Bonus miles: For every $1 that the user spends at gas stations and restaurants, he or she will earn 2 AAdvantage® miles. If the user makes some eligible purchases with American Airlines, he or she will get 2 AAdvantage® miles for every dollar he or she spends.
  • $100 flight discount: Within the first year, if the user spends $20,000 or more than that, and also renews the card, he or she will get $100 flight discount with American Airlines.
  • First free bag checking: Whether the user is traveling alone or with more people (up to 4) on the same reservation with a domestic American Airlines flight, the first bag will be checked for free for the user (or for all the people traveling with him or her).
  • Preferred boarding: The user of the card will get preferred or priority boarding on all American Airlines flights.
  • 25% savings: If the user uses the card for purchasing beverages or food (inflight) with American Airlines, the user will get 25% savings on all such purchases.

While these benefits are all amazing, the only problem is that the benefits are applicable only and only when a user is using American Airlines. Traveling with other airlines will not bring these benefits.

3. Citi® Double Cash Card

Best Citi® Credit Cards

Rewards on spending are something no one can ignore. The Citi® Double Cash Card is for those people who love rewards. This particular credit card is designed for those who want a flat cash back rate on their everyday use of the card. The features and benefits that this credit card offers include:

Regular Annual Percentage Rate 15.49% to 25.49% (variable)
Introductory APR for purchases None
Introductory APR for balance transfer 0% for 18 months
Balance transfer fee 3% of the total amount transferred (minimum fee is $5)
The annual fee on the card $0
Foreign transaction fee 3%
Required credit Good or Excellent
Late fee Up to $35
Penalty APR (variable) Up to 29.99%

The primary benefits of the card include:

  • Cash back: 2% cash back is available to users on every purchase. When the users pay back, they get another 1% cash back. If the users want to redeem the cash backs from 2% variant in the form of a statement credit, it is technically not paying back and hence; the 1% cash back will not be available. If users are transferring the balance from another card, there will be no cash back.
  • 0% intro APR: Once a user decides to transfer the balance from another card to Citi® Double Cash Card, he or she will not have to pay interest on repayment of the amount for 18 months. After that, the person needs to pay the regular APR.
  • No cash back cap: Users can earn as much cash back as possible. There is no limit or cap set to that.

Conclusion

The list you read here is not an exhaustive list of credit cards that Citi® offers. However, these three are the best Citi® credit cards for users with varied needs. You are always welcome to check other available cards from Citi® website.

Leave a Reply

Your email address will not be published. Required fields are marked *