Credit Cards Center Credit cards from our partners
Reply
New Contributor
Posts: 107
Registered: ‎12-23-2012
0

Why should I be interested in Citi cards compared to corresponding Chase cards

I am disappointed with Citi cards due to disadvantgage over similar Chase cards

 

1) Citi cards come with lot of strings

 

2) Have to wait for rewards to accumulate $50 without which I cannot redeem Citi Dividend compared to any other competitor.

 

3) Citi Dividend 5% categories are useless compared to Chase Freedom. This year Q1 categories, I will save a huge saving of $5 from citi dividend from 3 month gym membership

 

4) I cannot combine Citi points to make redemption faster. Whereas I can combine my 3 Chase cards- Freedom, Sapphire Preferred and Chase Sapphire Mastercard (For Sams club use only) for cashback or airline or just gift cards at discount from Chase website.

 

Please share your views

Super Contributor
Posts: 6,224
Registered: ‎02-23-2011
0

Re: Why should I be interested in Citi cards compared to corresponding Chase cards

The only Citi cards I see were having are:

 

1.  Forward - At 5X dining and amzn, this is the best rewards for general dining, movies, and bookstores.  The Thank You program isn't very good, but they seem to be making an effor to improve it by offering HHnors as a transfer partner.  One can only hope more will be added.

 

2.  AA - The only card if you fly AA frequently, and the only issuer offering sign up bonus AA miles.

 

3.  Premier - No forex, discount on flights, and receive credit for miles flown.  Only use is to keep Thank You points at higher redemption rate, ability to transfer, and to be used in SE Asia, where Citi is far and away the most prestigious name in American banking.

 

Aside from those 3, I don't find any of their cards even remotely compelling.  

 

 

Valued Contributor
Posts: 1,673
Registered: ‎11-11-2012
0

Re: Why should I be interested in Citi cards compared to corresponding Chase cards

[ Edited ]

Open123 wrote:

The only Citi cards I see were having are:

 

1.  Forward - At 5X dining and amzn, this is the best rewards for general dining, movies, and bookstores.  The Thank You program isn't very good, but they seem to be making an effor to improve it by offering HHnors as a transfer partner.  One can only hope more will be added.

 

2.  AA - The only card if you fly AA frequently, and the only issuer offering sign up bonus AA miles.

 

3.  Premier - No forex, discount on flights, and receive credit for miles flown.  Only use is to keep Thank You points at higher redemption rate, ability to transfer, and to be used in SE Asia, where Citi is far and away the most prestigious name in American banking.

 

Aside from those 3, I don't find any of their cards even remotely compelling.  

 

 


There is a slight case to be made for the Preferred, in that it keeps the Thank You points at a higher redemption rate, like the Premiere, with no AF.  However, it has none of the travel advantages (discount + points for miles flown) so useful only if you really want, e.g. to redeem for gift cards at full value.

 

 

OP, if you do happen to have some of these cards (Forward, Thank You Premiere, Thank You Preferred, Thank You, Dividend etc), you can combine all the points, just like Chase.  However, most of them, as Open123 says, are probably not worth having, and one that is, the Citi AA family, don't use Thank You points.

 

Edit: Not dividend, I guess that doesn't use TYP..

Regular Contributor
Posts: 146
Registered: ‎01-05-2013
0

Re: Why should I be interested in Citi cards compared to corresponding Chase cards

I would get the Dividend just for its potential to cover one of the rotating quarters (same reason why I would get Discover IT/More and Freedom).

 

But if you're trying to cut down on cards and your scores/income/credit report is good enough to qualify for usbank cash+, why not go for that instead? You get to choose 2 categories for 5% and one for 2% - all other purchases are 1%.


Last app 5/7/2014

No apps until 3/31/2016!
Valued Contributor
Posts: 1,673
Registered: ‎11-11-2012
0

Re: Why should I be interested in Citi cards compared to corresponding Chase cards

Dividend is capped at $300 per year for all (non-mall) spending?  Isn't this worse than most of the rotators, that cap at $75 per quarter on 5%, but unlimited 1%?

Probably doesn't matter as you would use this card only on the 5%, but seems another strike against.

Super Contributor
Posts: 6,224
Registered: ‎02-23-2011
0

Re: Why should I be interested in Citi cards compared to corresponding Chase cards


bs6054 wrote:

Dividend is capped at $300 per year for all (non-mall) spending?  Isn't this worse than most of the rotators, that cap at $75 per quarter on 5%, but unlimited 1%?

Probably doesn't matter as you would use this card only on the 5%, but seems another strike against.


Yes, capped at $300 total.

 

It's a good card for the occasional Taco Bell purchase.

Valued Contributor
Posts: 1,673
Registered: ‎11-11-2012
0

Re: Why should I be interested in Citi cards compared to corresponding Chase cards

And of course the non-student Forward is currently gone from the Citi site.

Valued Contributor
Posts: 2,039
Registered: ‎01-24-2012
0

Re: Why should I be interested in Citi cards compared to corresponding Chase cards


nishant1 wrote:

4) I cannot combine Citi points to make redemption faster. Whereas I can combine my 3 Chase cards- Freedom, Sapphire Preferred and Chase Sapphire Mastercard (For Sams club use only) for cashback or airline or just gift cards at discount from Chase website.

 

Please share your views


If you can not do it yourself, ring Citi and they will do it for you. I have multiple Citi deposit accounts and two Citi credit cards, and all of the points go into one Thank You account.

 

Citi cards are really nothing great, though. Sign up bonuses and targeted offers can be nice, but other than that, I have no use for them. I do agree that the Dividend is usually rubbish compared to Chase.

Super Contributor
Posts: 6,224
Registered: ‎02-23-2011
0

Re: Why should I be interested in Citi cards compared to corresponding Chase cards

When it comes to rewards and sign up bonsues, I suppose it isn't fair to compare Citi (or, anyone) to Chase.  

 

No issuer comes even close to offering the kinds of sign up bonsues and rewards structure that Chase has put into their cards.  Amex comes close, but even they are cutting back on the sign up bonuses.

 

Citi is better than Wells, I guess.

Senior Contributor
Posts: 3,070
Registered: ‎11-02-2009
0

Re: Why should I be interested in Citi cards compared to corresponding Chase cards

If you've recently apped for two chase cards and want another signup bonus, Citi is a good option.

Starting Score: ~500 (12/01/2008)
Current Score: EQ 681 (04/05/13); TU 98 728 (01/06/12), TU 08? 760 (provided by Barclay 1/2/14), TU 04 728 (lender pull 01/12/12); EX 742 (lender pull 01/12/12)
Goal Score: 720


Take the FICO Fitness Challenge

Forums posts are not provided or commissioned by FICO. Forums posts have not been reviewed, approved or otherwise endorsed by FICO. It is not FICO's responsibility to ensure all posts and/or questions are answered.

Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
† Credit cards for FICO Score ranges: The score ranges are guidelines based on internal myFICO analysis of actual applicant approvals, and having a FICO Score in a particular range does not guarantee you will be approved for credit cards recommended in that range. These ranges were not provided by any card issuer.

Copyright ©2001-2015 Fair Isaac Corporation. All rights reserved.   | Terms of Use | Privacy Policy | Sitemap

IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more

FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.