. For the baggage insurance plan benefit of The Business Platinum Card from American Express, eligibility and benefit level varies by card. However, the credit card information that we publish has been written by experts who know these products inside out, and what we recommend is what we would (or already) use ourselves. Plus, authorized users can be added for no additional annual fee (rates and fees). But, unlike most other issuers, Citi may allow you to downgrade to cards outside the original card's family. 2023 Upgraded Points, LLC. The most obvious product gap is the absence of a checking account. Its known for its abundance of bonus categories with a focus on rewards over travel benefits. 4x points at restaurants worldwide, plus takeout and delivery in the U.S. 4x points at U.S. supermarkets (up to $25,000 per calendar year), 3x points on airfare booked directly with airlines or via Amex Travel, U.S. purchases foradvertising in select media, U.S. purchases made from select technology providers of computer hardware, software, and cloud solutions, 5x points on flights and prepaid hotels booked via Amex Travel, 1.5x points in key business categories and on purchases of $5,000 or more everywhere else (up to $2 million in purchases every year), 1x Membership Rewards points on other purchases, Superb travel insurance, including trip interruption and cancellation insurance, baggage insurance, and more, 5x points on airfare purchased directly with the airline or through Amex Travel (up to $500,000 on these purchases every calendar year), 5x points on prepaid hotels booked through Amex Travel, Access to Fine Hotels & Resorts and The Hotel Collection, Up to $100 Global Entry/TSA PreCheck application fee credit, 5x points on flights and prepaid hotels booked through Amex Travel, 1.5x points on purchases in key business categories and on purchases of $5,000 or more everywhere else, up to $2 million in these purchases per year, 6% cash-back at U.S. supermarkets on up to $6,000 per year in purchases, then 1%, 3% cash-back on transit (including rideshares, parking, tolls, trains, buses, and more), 3% cash-back at U.S. supermarkets on up to $6,000 per year in purchases, then 1%, 3% cash-back at U.S. gas stations on up to $6,000 per year in purchases, then 1%, 3% cash-back on U.S. online retail purchases on up to $6,000 per year in purchases, then 1%, 4% cash-back on eligible gas and EV charging purchases, including gas at Costco, up to $7,000 per year and 1% after that, 3% cash-back on restaurants worldwide and on eligible travel purchases worldwide, 2% cash-back on other purchases from Costco and Costco.com. See our Advertiser Disclosurefor more details. With the Citi Rewards+ alone, you can transfer points at a ratio of 5:4 to JetBlue TrueBlue. In general, American Express offers better cards for travel rewards and luxury benefits. 1, 2, 3, 4 So you can shop like a local wherever your travels take you. The Platinum Card from American Express average cardholder has a great credit score. Cash back earned with the Double Cash Card can be converted into ThankYou points, which makes that card an even better prospect. American Express Platinum vs Citi AAdvantage Compare Rewards, Interest Rates, Fees, and Benefits American Express is a CreditDonkey partner. Upgraded Points, LLC uses reasonable efforts to maintain accurate information on the site and prior to applying for any credit card offers found on UpgradedPoints.com, all visitors should review other features of such credit cards including but not limited to interest rates, annual fees and transaction fees, and should determine the suitability of such credit cards considering their own individual financial position. Additionally, you will be able to utilize all the account features and benefits associated with your new account. Review & Fact Check: Baruch Mann (Silvermann). Visit americanexpress.com/benefitsguide for more details. Citibank is a global financial services company with over 100 million customers in 98 countries. The Amex EveryDay Credit Card from American Express was introduced as a no-annual-fee alternative to some of Amexs other powerhouse products. The Smart Investor does not include all companies or all offers available in the marketplace and cannot guarantee that any information provided is complete. For the car rental collision damage coverage benefit of the Blue Cash Everyday from American Express, eligibility and benefit level varies by card. American Express is a federally registered service mark of American Express and is used by Citibank, N.A. All information is provided without warranty. Dont Miss Out On HOT Deals! Visit americanexpress.com/benefitsguide for more details. So, unless you're looking specifically for a checking account, American Express National Bank is a good option. Visa Platinum Card. Still need help deciding which airline credit card is better? Although their names are similar, these products are totally different. Our runner-up choice is the Amex Blue Cash Everyday card, which many would describe as a toned-down version of the Amex Blue Cash Preferred card. For the global assist hotline benefit of the American Express Blue Business Cash Card, eligibility and benefit level varies by card. Lets get right into it, starting with a comparison of Amexs and Citis rewards points systems. As one of the foremost experts in credit cards, over the past 4 years, he has amassed, Free Delta SkyMiles for Seattle Seahawks Fans With 12Status, [Expired] 10x Citi Points Bonus on Restaurants and Theaters [Targeted], Comparing Amex Membership Rewards and Citi ThankYou Rewards, Winner: American Express Business Gold Card, Runner-up: The Business Platinum Card from American Express, Winner: The Platinum Card from American Express, Best Premium Travel Rewards Business Card, Winner: The Business Platinum Card from American Express, Winner: Blue Cash Preferred Card from American Express, Runner-up: Blue Cash Everyday Card from American Express, Winner: American Express Blue Business Cash Card, Runner-up: Costco Anywhere Visa Business Card by Citi. Winner: Depends on whether you also hold a premium Citi ThankYou card. Plus, enjoy entry-level travel insurance, no foreign transaction fees, and up to 5 fee-free authorized users (rates and fees). Discover offers a simpler checking account. $695. Citibank is an advertising partner of this site, as is American Express, Chase, Barclays and Capital One. How does it compare to Citi AAdvantage, an airline card? Personal savings accounts have a high potential yield. The bank has a number of reward cards, but the three most popular are the Platinum card that pays 5x membership reward points, the Gold Card with 4x points and the Green card with 3x points. This means you can get up to 10,000 points back each year. Silvermanns areas of expertise include investing, banking, and credit cards. American Express Membership Rewards points, Do Not Sell or Share My Personal Information, 15,000 points after spending $1,500 in three months, Earn 20,000 ThankYou bonus points after you spend $1,500 on purchases with your card within the first three months of account opening, 0% for first 15 months (then a variable APR of 12.99% - 23.99% applies). Benefits: Macy's American Express Card provides access to ticket presales and discounts via Amex Offers. Read Full Comparison:American Express vs Chase Bank. Amex Platinum. And if you spent $16 at a gas station, youd earn 40 points ($16 x 2 points per dollar rounded up to the nearest 10). $495. This card happens to have no preset spending limit, which can go a long way if you need to make largeone-off purchases that a normal credit card might decline. Most major card issuers in the U.S. offer pre-approval for a selection of cards, including Citi, American Express, Discover, Bank of America and Capital One. Terms, conditions and limitations apply. These top travel websites offer deep discounts and worthwhile deals on airfare, hotel rooms, and car rentals. Minimum interest charge - $0.50. Barclays' product line is more streamlined. Wells Fargo provides savings and checking accounts, but it also provides mortgages, loans, and investment options such as IRAs, 401ks, and wealth management products. For everyday purposes, you might have a slight edge with the Citi Rewards+ thanks to the 10-point round-up feature. The product offers that appear on this site are from companies from which this website receives compensation. Terms, conditions and limitations apply. The points you earn and redeem are Citi ThankYou Points. No responsibility will be taken by the bank advertiser for these comments. Still, you can earn up to 5x Membership Rewards points on purchases: The Amex Business Platinum card offers an impressive list of travel benefits: To help you run and operate your business, the Amex Business Platinum card also offers these statement credits: All in all, it shouldnt be difficult to get some phenomenal value from this card, including through ancillary perks like purchase protection, extended warranty, cell phone insurance, and no foreign transaction fees (rates and fees). We publish data-driven analysis to help you save money & make savvy decisions. All rights reserved. Visit americanexpress.com/benefitsguide for more details. If your preferred card issuer is. Capital One is an online bank and is currently offering a variety of checking, savings as well as investment accounts to meet your financial needs. Disclaimer: Any comments listed below are not from the bank advertiser, nor have they been reviewed or approved by them. This well and truly marks the death of GrabPay, since there's no reason at all to use it in the absence of credit card rewards (well, the UOB . 0% Intro APR on balance transfers and purchases for 15 months (then a variable APR of 13.49% - 23.49% applies) There is an intro balance transfer fee of 3% of each transfer (minimum $5) completed within the first 4 months of account opening. American Express Platinum is an excellent card for frequent travelers. Lch s hnh thnh v pht trin: Giai on 1852 - 1859. We receive compensation if you apply and get approved for a card through links in our content. Citi offers mid-market products with decent rewards, but it clearly also focuses on the cash-back and no-annual-fee segments. Citigroup is the parent company of Citibank, and it was formed after Citicorp agreed to merge with Travelers Group in 1998. The balance transfer offer has 2 components: Also, youll earn 2% cash-back, 1% when you buy and 1% when you pay. After that, your fee will be 5% of each transfer (minimum $5). Getting 4x points is worth a return on spending of 8.8%, which means that if you maximize the full $150,000 in combined bonus purchases every year, youd be flush with 600,000 Amex points, which are worth $13,000 by our valuations. Underwritten by AMEX Assurance Company. Additionally, you can use this card for access to Citi Entertainment and enjoy no foreign transaction fees and fee-free authorized user cards. Visit americanexpress.com/benefitsguide for more details. Savings accounts, CDs, an eChecking account, home loans, and mortgages are all available. After that, the variable APR will be 13.49% - 23.49%. And what a rate it is: 2%, broken down as 1% cash back on every dollar you spend and another 1%. Visit americanexpress.com/benefitsguide for more details. Business Trends and Insights from American Express delivers insights and inspiration to help you run, grow and expand your business. For the car rental collision damage coverage benefit of the Blue Cash Preferred from American Express, eligibility and benefit level varies by card. Underwritten by AMEX Assurance Company. Credit cards, CDs, personal loans, mortgages, IRAs, investment options, wealth management plans, and checking and savings accounts are all available. Still, the Amex Blue Cash Everyday card has secondary rental car insurance, purchase protection, fraud protection, and authorized user cards for no additional annual fee (rates and fees). For rates and fees of The Business Platinum Card from American Express, click here. Citi will also round up your points to the nearest 10. Some issuers allow you to submit a request to move available credit from one card to . Citi Online Bill Payment comes with time-saving features including: One-time payments One-Time Payments Simple to do and undo. v. Citibank NA, a pair of cases brought last year that accuse the banks of failing to provide certain federal military benefits for eligible credit . Furthermore, youll enjoy no preset spending limit, access to Pay Over Time, Amex Offers, no foreign transaction fees, and up to 99 total employee cards for no additional annual fee after the first employee card fee of $50 (rates and fees).