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My two favorite Citibank cards are the CitiBusiness® / AAdvantage® Platinum Select® World Mastercard® and Citi® Double Cash Card.
AAdvantage Business Card: Strong Initial Bonus and Doesn’t Count Against 5/24
The CitiBusiness® / AAdvantage® Platinum Select® World Mastercard® is offering 70,000 AAdvantage miles after $4,000 in purchases in the first 4 months. It has a $0 annual fee the first year, then $99. It’s one of only two Citi small business cards I’m aware of, and Citi’s small business cards don’t count towards your 5/24 total at Chase. Of course you get first checked bag on domestic American Airlines itineraries and preferred boarding on American flights.
Citi Double Cash is a Double Threat
The Citi® Double Cash Card has no annual fee and earns 2% cash back (1% when you make a purchase and 1% when you pay for the purchase). That makes it one of the best value cards (strong rewards with no or low annual fee) and one of the very best cash back cards.
It gets better though because with the points are expected to become transferable to ThankYou points September 23.
Premier and Prestige For Fast Earning, Transfers to Airline Miles
With Citibank eliminating nearly all of their extra travel and purchase protections from almost every product they issue, paying for airfare and other large purchases is somewhat less advisable using their cards.
Citi clearly thinks most customers won’t notice, or it won’t move the needle on their spending. It’s a gamble since they’re probably saving about $3 per cardmember per year.
Still the Citi Premier card earns points quickly and at a good price point. You earn 3 points per dollar on travel (including gas) and 2 points on restaurants and entertainment. It’s a competitor to the Chase Sapphire Preferred Card which is only two points on travel and doesn’t include gas or entertainment, but has a bigger initial bonus offer and in my view better airline transfer partners.
Meanwhile the premium Citi Prestige card has transformed itself from a great benefits card to a really strong points-earning card. Long gone are American Airlines Admirals Club access and the ability to spend points towards American Airlines tickets at 1.67 cents apiece, as well as the lucrative golf benefit. Gone too is the ability to make unlimited fourth night free hotel reservations. But earning with the card is super strong: 5 points per dollar on air travel and restaurants, 3 points on hotels and cruise lines.
I expect these cards will make the most sense paired with a Citi® Double Cash Card going forward.
Costco Retains Some Protections
Costco Anywhere Visa® Card by Citi is a strong no annual fee (with your paid Costco membership) cash back card. Earnings are 4% on eligible gas for the first $7,000 per year and then 1% thereafter; 3% on restaurants and eligible travel purchases; 2% on all other purchases from Costco and Costco.com. It still has extended warranty and damage and theft protection which is unique in the Citi portfolio.
Costco Anywhere Visa® Business Card by Citi is the business version of the above with no annual fee (with your paid Costco membership) and 4% on eligible gas for the first $7,000 per year and then 1% thereafter; 3% on restaurants and eligible travel purchases; 2% on all other purchases from Costco and Costco.com.