If you already have a good relationship with Citibank, you are more likely to get approved. PAUL MCCARTNEY Good Evening New York City (2009 UK Deluxe Edition 4-disc [2CD / 2 x Region 0 DVD] set - As the inaugural musical event at Citi Field, the site of the former Shea Stadium, these July 2009 shows held special significance not only for McCartney but for generations of his fans. Customers can get a personal banking solution from American Express National Bank, which offers online savings and CD options. If you max out those bonus categories, youre already doing well. Open Account for American Express High Yield Savings. Costco announced last year that it was changing its co-branded credit card from an American Express to a Visa issued by Citi. Citi Rewards+: Earn 2x ThankYou points per dollar at supermarkets and gas stations for the first $6,000 per year, and then 1x point per dollar thereafter and on all other purchases. American Express built its reputation on being a credit card provider, but over the years has expanded its product line. Benefits: Macy's American Express Card provides access to ticket presales and discounts via Amex Offers. Both of these banks maintain independent lists of transfer partners. Citi vs Wells Fargo: Which Bank Account Is Better? This website may use other proprietary factors to impact card offer listings on the website such as consumer selection or the likelihood of the applicants credit approval. Re Merchants that accept card payments need a MID to have a cardholder's payment sent to their merchant account. Both Amex and Citi have a unique variety of credit cards that earn either Amex points or Citi points. Visit americanexpress.com/benefitsguide for more details. The Smart Investor (this website) is an independent financial website. If youre looking for a fantastic middle-of-the-road way to earn travel rewards points between Amex and Citi, read this section in-depth to get the inside scoop! Amex EveryDay: Earn 10,000 bonus points after spending $1,000 in the first three months. While Citi tends to focus a lot on cash-back, you might be surprised that our favorite cash-back card is from American Express. If youre looking for a more full service bank where you can have a savings account, current account and credit card, then Citi is a better choice. American Express began as a credit card company, but in recent years, it has expanded into a broader range of banking products. Theres an attractive welcome bonus on this card, plus up to 3% cash-back on a healthy selection of bonus categories: Also, youll get a $7 monthly credit towards The Disney Bundle and a $15 monthly credit towards Home Chef, which totals up to $264 in annual credits! Citigroup owns Citicorp, the holding company for Citibank, as well as several international subsidiaries. Is there a physical American Express bank? Read Full Comparison:American Express vs Chase Bank. American Express Bank is an online-only bank that provides a few personal banking options, such as a high-yield savings account and certificates of deposit (CDs). 3.1 Wells Fargo Propel World American Express Card. Premium rewards cards like The Platinum Card from American Express and the Chase Sapphire Reserve tend to get a lot of attention thanks to great perks and points programs. Citi offers an excellent range of banking products that cover the majority of your financial needs. 3.3 Wells Fargo Propel 365 American Express Card. Upgraded Points, LLC uses reasonable efforts to maintain accurate information on the site and p. rior 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. This can also be waived with a balance of $1,500 or more, or with qualifying deposits. For rates and fees of the American Express Gold Card, click here. If (and when) all of your accounts do have access to the new interface and you want to merge your online accounts, you can do this by: Calling 877-242-7372. Like the Chase Sapphire Preferred Card, Capital One Venture card, or The Platinum Card from American Express.. It's also worth noting that currently, the Citi ThankYou Premier is NOT offering a . Both American Express and Capital One have apps to enhance the customers digital experience. Even though theyre both headquartered in New York, the 2 banks have totally different products, services, marketing, branding, employees, and virtually everything else. The card details on this page have not been reviewed or provided by the card issuer. Other flights, hotels, car rentals, and travel booked through Amex Travel. This site does not include all credit card companies or all available credit card offers. But it doescover more bonus categories than the Amex Gold card, including hotels, air travel, and gas stations. You can also earn 2x points per dollar booking travel through AmexTravel.com. No responsibility will be taken by the bank advertiser for these comments. However, if you're looking for a full-service bank, American Express doesn't offer a checking account or mortgage options. However, the fact that points earned with the Amex EveryDay are full-fledged, transferable Membership Rewards points without needing another Amex card in your wallet make it the winner in this category. If you'd like to add a comment to this article and share your valuable feedback and opinions, please click here to leave your comment. CreditDonkey does not include all companies or all offers that may be available in the marketplace. You can get up to 10 cents per point of value through these redemptions. January 19, 2023. 3 Annual Fee Cards. Even for debit cards, there will be specific limits beyond which users cannot make purchases in a single day. As a general rule, each of these credit card issuers tends to have product lines that differ greatly, offering value to different ideal customers. Citi has only a slight difference in rates for taking on a longer term CD, whereas American Express has a tiered structure that encourages longer investments. Read Full Comparison:Discover vs American Express: Which Bank Account Is Better? And its no doubt that both Amex and Citi have become 2 of the most important leaders in the space of credit card rewards. Hot Tip:Check to see if youre eligible for a welcome bonus offer of up to 150,000 points with the Amex Platinum card! Citi introduced the Citi Rewards+ Card earlier this year as a replacement for its former Citi ThankYou Preferred card. Prism is 100% dedicated to your customer experience. You can then use these points to book some incredible flights on Emirates first class, Singapore Airlines first class, Lufthansa first class, and Air France business class. The Citi Double Cash Card is a flat-rate card, meaning you get the same rate on every purchase. Citi doesnt offer much in the way of travel protections or benefits, but youdo get to use a $100 annual hotel savings benefit on a single stay of at least $500, excluding taxes and fees, when booked through thankyou.com. You can also easily obtain a credit card, which is an excellent tool for organically increasing your credit rating. Many of the credit card offers that appear on this site are from credit card companies from which we receive financial compensation. With no minimum deposit requirements or monthly fees, you can earn competitive rates on your savings. 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. At the same time, more banks are joining the growing list of such restrictions. We take your comments very seriously as they really help us to improve the site. Underwritten by New Hampshire Insurance Company, an AIG Company. Both cards charge foreign transaction fees, but their travel and shopping protections set them apart. 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). And among all the different kinds of cards offered, the competition may be fiercest among cash back credit cards. Some issuers allow you to submit a request to move available credit from one card to . Additionally, you will be able to utilize all the account features and benefits associated with your new account. Barclays' product line is more streamlined. Balance transfer cards are often used to consolidate high-interest debt, so well show you the best products here! Amex and Citi join the likes of Chase and Capital One to make up the big 4 credit card issuers for rewards. The financial services firm, on the other hand, has a banking subsidiary that offers high-yield savings and CD accounts. A savings calculator can help you quickly determine how much you'll earn with a given APY. Save money on your next vacation. Furthermore, American Express does not perform a hard credit inquiry during the preapproval or application process. In the case of the most creditworthy borrowers. Plus, authorized users can be added for no additional annual fee (rates and fees). 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. Learn more about how we review products and read our advertiser disclosure for how we make money. Get Help. Winner: Depends on whether you also hold a premium Citi ThankYou card. There are also no physical locations to visit, so all transactions must be completed online. CIT Bank has a banking product line that rivals that of traditional banks. You do not have to use our links, but you help support CreditDonkey if you do. However, even the basic one year CD rate is double that of Citi. Update: Some offers mentioned below are no longer available. Youll notice that theres still a great welcome bonus, but this card earns up to 4x Membership Rewards points on the 2 categories from the list below where your business spends the most every month (up to the first $150,000 in combined purchases every calendar year): You wont need to select any bonus categories, since your rewards are automatically chosen by Amex based on where youll earn the maximum rewards every month. The points you earn and redeem are Citi ThankYou Points. American Express has been in business since 1850 and is a household name in the credit card industry. Airline transfer partners include Delta, Hawaiian Airlines, Aeromexico, Air Canada, Air France, Emirates, Cathay Pacific (Asia Miles), Virgin Atlantic, Singapore Airlines, Etihad, Alitalia, All Nippon Airways and more. We may be compensated when you click on links from one or more of our advertising partners. This is usually a 16-digit number, although it may be anywhere from 12 to 19 digits. If you're looking for a more full service bank where you can have a savings account, current account and credit card, then Citi is a better choice. Although the points you earn with it are (for the most part) not transferable to Citi ThankYous airline partners, if you have a premium Citi ThankYou card like the Citi Premier Card or Citi Prestige Card you can combine your points and transfer from there. Citi has even partnered with some popular brands including AT&T, American Airlines, Expedia and Costco, so you can get the best rewards with your preferred brands. Also keep in mind that Rewards+ cardholders get 10% of their points back on the first 100,000 ThankYou points they redeem each year. However, if you are simply looking for a cash-back Citi card, the Citi Double Cash Card offers a better 2% rate (1% when you buy, plus 1% when you pay) of return. At the end of the day, both Amex and Citi are worthwhile issuers of cards to help facilitate your everyday personal (and business) finances. We earn a commission from our partner links on this page. Earning 3x ThankYou Points is equivalent to a return on spending of 4.8%, which isnt nearly as impressive as the 8.8% return on spending from the Amex Gold card. Get Help. Visit americanexpress.com/benefitsguide for more details. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. Citis customer service is a little more complicated. $495. Discover Bank is a full-service online bank as well as a provider of payment services. For the cell Phone protection benefit of The Business Platinum Card from American Express, eligibility and benefit level varies by card. Silvermanns areas of expertise include investing, banking, and credit cards. Follow these simple steps and you'll be ready to see the world. If anyone on our team wouldnt recommend it to a friend or a family member, we wouldnt recommend it on The Points Guy either. For everyday purposes, you might have a slight edge with the Citi Rewards+ thanks to the 10-point round-up feature. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). 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. See our Advertiser Disclosurefor more details. Are the benefits of the Platinum Card from American Express worth it? We receive compensation if you apply and get approved for a card through links in our content. Even though its interest rates aren't particularly competitive when compared to online banks and credit unions, loyal Chase customers who keep a significant amount of money with the bank can earn slightly better rates. 2023 Upgraded Points, LLC. American Express is one of the world's most well-known credit card brand names. Personal savings accounts have a high potential yield. This bonus value is an estimated valuation. There are only a couple of niche instances where Citi might offer better redemption value overall. There are several phone lines to access the support team according to your product. The Chase and Citi checking accounts both have no minimum deposit and a monthly account maintenance fee of $12. There is no limit to the amount of rewards you can earn with your debit card, and your purchases are protected for 90 days against theft or damage. This site does not include all credit card companies or all available credit card offers that are on the market. However, American Express does have a higher APY on both savings and checking account , better CD rates and plenty of card options. Learn how it works and how to earn a ton of miles fast through credit cards. Method 1 Locating the Account Number on Your Card 1 Find the number located on the front of your card. Furthermore, both have a very impressive selection of more than credit card options. Cash back earned with the Double Cash Card can be converted into ThankYou points, which makes that card an even better prospect. For the car rental collision damage coverage benefit of the American Express Blue Business Cash Card, eligibility and benefit level varies by card. Terms, conditions and limitations apply. Get $200 back in statement credits each year on prepaid Fine Hotels + Resorts or The Hotel Collection bookings, which requires a minimum two-night stay, through American Express Travel when you pay with your Platinum Card. The product offers that appear on this site are from companies from which this website may receives compensation. CreditDonkey is a credit card comparison and reviews website. These top travel websites offer deep discounts and worthwhile deals on airfare, hotel rooms, and car rentals. Remember, this is the business version of the Amex Platinum card, though the rewards and benefits are slightly different, even though there are many common benefits.