CitiBusiness ThankYou® Card Review | finder.com

CitiBusiness ThankYou® Preferred Card

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Please note: This card has been discontinued, and it is not available on our site.

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Rates last updated June 25th, 2018
Name Product APR for Purchases ( Purchase Rate ) Intro Purchase APR Intro Purchase APR Period Annual fee Product Description
Applied Bank® VISA® Business
23.99% variable
Turn your hobby or passion into a business with a new Applied Bank® VISA® Business card! This Visa Business card is perfect for sole proprietors and entrepreneurs.
Apply now Read review
Ink Business Cash℠ credit card
14.74% to 20.74% variable
0%
12 months
$0
$500 bonus cash back after you spend $3,000 on purchases in the first 3 months after account opening
Ink Business Preferred℠ credit card
17.49% to 22.49% variable
$95
80000 bonus points after you spend $5,000 on purchases in the first 3 months after account opening. That's $1,000 toward travel rewards when you redeem through Chase Ultimate Rewards®
Spark® Classic for Business
24.49% variable
$0
Get the credit you want for your business, and unlimited 1% cash back on every purchase, every day
Spark® Miles Select for Business
14.49%, 18.49% or 22.49% variable
0%
first 9 months
$0
Unlimited 1.5X miles per dollar on every purchase, every day
Spark® Miles for Business
18.49% variable
$0 annual fee for the first year ($95 thereafter)
Unlimited 2X miles per dollar on every purchase, every day
Spark® Cash Select for Business
14.49%, 18.49% or 22.49% variable
0%
9 months
$0
Unlimited 1.5% cash back on every purchase, every day.
Capital One® Spark® Cash for Business
18.49% variable
$0 annual fee for the first year ($95 thereafter)
Unlimited 2% cash back from Spark Cash could mean thousands of dollars each year going back into your business. No minimum to redeem.
Marriott Rewards® Premier Business credit card
17.49% to 24.49% variable
$0 annual fee for the first year ($99 thereafter)
75000 Bonus points after you spend $3,000 on purchases in your first 3 months from your account opening with your Marriott Rewards Premier Business credit card.
United MileagePlus® Explorer Business Card
17.49% to 24.49% variable
$$0 intro annual fee for the first year, then $95
50000 bonus miles after you spend $3,000 on purchases in the first 3 months your account is open.
Southwest Rapid Rewards® Premier Business Credit Card
17.49% to 24.49% variable
$99
Earn 2x points on Southwest® purchases and points on all other purchases. Plus 6,000 anniversary bonus points.
CitiBusiness® / AAdvantage® Platinum Select® World Mastercard®
17.24% to 25.24% variable
$0 annual fee for the first year ($95 thereafter)
Earn 60000 American Airlines AAdvantage® bonus miles after you spend $3,000 in purchases within the first 3 months of account opening.
The Business Platinum Card® from American Express
19.99% variable
$450
Earn 50000 Membership Rewards® points after you spend $10,000 and an extra 25,000 points after you spend an additional $10,000 all on qualifying purchases on the Business Platinum Card within your first 3 months of Card Membership.
SimplyCash® Plus Business Credit Card from American Express
13.99%, 18.99% or 20.99% variable
0%
9 months
$0
Earn cash back with buying power to help pay for business needs.

Compare up to 4 providers

The card also comes with complimentary insurance coverage for all members, and automatic travel accident insurance for any trip ticket purchased using the card. With no annual fees and no additional costs for extra cards, the CitiBusiness ThankYou® Card is designed for both personal and business use.

Things to consider about CitiBusiness ThankYou Card

Before deciding whether to apply for a CitiBusiness ThankYou® Card, there are some important points to think about. The interest rate of is for the first months only. This rate then reverts to The card is available for business and personal use, and if you’re looking to add additional cardholders onto your account you can do so for no extra fee.

Features of the CitiBusiness ThankYou Card

  • No annual fees: CitiBusiness ThankYou card membership requires no annual fee but actually earns anniversary bonus points every year. There are no additional fees for additional cards.
  • Employee cards: You’ll no longer need to worry about planning for your employee’s travel costs alone, as the CitiBusiness ThankYou card allows you to give your employees their own cards. You can put limits on how much can be spent on the cards, and easily adjust those numbers in case of unexpected needs. Setting these limits can be done through the phone.
  • Global acceptance: CitiBusiness ThankYou cards are accepted all around the world, so there’s no need to worry about whether or not a purchase will go through, wherever your travels take you.
  • Online account management: Quarterly and annual account summaries are available online to help you keep track of expenditures, and your taxes. These reports also come in handy when tracking employee spending.
  • interest rate: There is a p.a. interest rate for the first months after your account opening with a variable rate of thereafter.

About the rewards program

  • Earn 3.00 ThankYou® points for every $1 spent on eligible products or 1.00 ThankYou® point for $1 spent on other purchases
  • There is no limit on the amount of ThankYou® points one can earn and no expiration date on earned points
  • CitiBusiness offers members two simple ways to redeem earned points. You can either call 1800-THANKYOU or visit thankyou.com to redeem your ThankYou® points. Redeemed points can be used for either personal or business merchandise such as business supplies, gift cards, travel equipment or can even be transferred to cash.
  • CitiBusiness offers 100 bonus ThankYou® points for registering to Citi online and another 100 points for registering for paperless statements
  • 15,000 bonus points are awarded after spending $3,000 in your first three months as a member. These points are equivalent to $150 in gift cards

Complimentary insurance policies

Your CitiBusiness ThankYou card comes with a few complimentary insurance policies to keep you protected when using your card.

  • Automatic travel accident insurance: Every time you use your Citi ThankYou card to buy bus, train or plane tickets, you are automatically covered by the Common Carrier Travel Accident insurance at no extra cost. This insurance cover will apply for you, your spouse and other dependents.
  • Auto rental insurance: Use your ThankYou card to pay for a rental car and you will benefit from insurance on any damage to or theft of the car. This is only applicable if you turn down the collision/damage waiver insurance offered by the car rental company.
  • Extended warranty: Benefit from extended warranty on most of the goods you purchase with your ThankYou card, with extended periods of up to one year.
  • Retail purchase protection: Most of the items you purchase using your CitiBusiness ThankYou card will be covered against theft, fire or accidental breakage for up to 90 days from the purchase date. The insurance covers up to $10,000 for every incident and is limited to $50,000 annually.
  • Identity theft solutions: Citi offers you help to keep your business running after identity theft. They also provide you with specialists to help with the reorganization and re-establishment of your credit and to help you recover your identity.

How to apply for the CitiBusiness ThankYou Card

Here are a few things that you might be requested to provide:

  • Full legal name, street address, date of birth, identification
  • Business legal name and taxpayer identification number
  • Financial details, income statements, assets and liabilities.

To be eligible for CitiBusiness ThankYou card you must:

  • Be above 18 years of age
  • Have a good credit rating

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