CitiBusiness ThankYou Card Review

Editor’s Note: Thank you for your interest, this offer expired and is no longer available. Please check other current business credit cards offers.

Citibank wants to lure more business owners away from American Express and Chase with a credit card that cribs from its competitors’ playbooks. Like the original Platinum Card, the CitiBusiness ThankYou® Card streamlines expense reporting and adds significant purchase protection benefits. While its APR and rewards offers don’t stack up to Ink from Chase, strong service features could make the difference for professionals who don’t intend to carry a balance.

Small spending plateau triggers Citi’s signup bonus

According to Citi’s website, a new CitiBusiness ThankYou Card cardholder can earn 15,000 bonus ThankYou® points after making $3,000 in purchases within 3 months of cardmembership – redeemable for $150 in gift cards. New Chase Ink Cash Business Credit Card members have to spend $3,000 within the first three months of card membership to qualify for a bonus $200 cash back.

Like Chase, Citi offers its ThankYou members bonus points for purchases in a variety of rotating, seasonal categories. Qualifying purchases earn three ThankYou Points per dollar spent at eligible merchants in rotating business categories that include computer equipment merchants, advertising services, airlines, restaurants, and telecommunications merchants to name a few. Cardholders will earn one ThankYou Point for every dollar spent on other purchases on the card. The CitiBusiness ThankYou Card points do not expire and there is no cap to the ThankYou points you can earn. You can redeem your ThankYou points for rewards from business supplies, merchandise to gift cards, travel rewards or even cash rewards.

Citi makes up for average account terms with extraordinary protection

At the moment, the CitiBusiness ThankYou Card offers a six month, no interest teaser, on purchases. After the introductory period the purchases APR will vary with the market based on Prime Rate and is currently 13.24 percent variable. There’s no balance transfer teaser in effect. With no annual fee CitiBusiness makes a decent card for cash flow management. This card really shines for companies that take advantage of money-saving features, including:

• Retail purchase protection. You’re covered on eligible purchases for up to $10,000 per incident and $50,000 per cardmember account per year. Certain conditions, restrictions and exclusions apply. Details of coverage will be provided upon cardmembership.
• Travel and emergency assistance services. Around-the-clock help desk to keep you safe.

If the above features appeal to you, apply for a CitiBusiness ThankYou Card today to receive the 15,000 bonus ThankYou points opportunity.

Photo: Kien Wai