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There are many advantages to having a small business credit card. One of the Citi business credit cards might be your best option for earning travel or cash rewards. Even though there aren’t as many options as a consumer card, your decision may still be difficult as you narrow down your choices.

citi business credit card
There are co-brand Citi business credit cards for American Airlines and Costco. Photo by Pexels

Best Citi Business Credit Cards

While the best Citi credit cards for personal use library is expansive, Citi offers two different business credit cards. One card earns travel rewards and the other earns cash rewards.

Interestingly, neither one earns Citi ThankYou points.

CitiBusiness / AAdvantage Platinum Select Mastercard

The CitiBusiness® / AAdvantage® Platinum Select® Mastercard® is Citi’s lone travel rewards credit card. It’s not a bad option if you want to earn American Airlines AAdvantage miles. Card benefits include:

  • First checked bag is free for you and up to 4 companions
  • Preferred boarding for you and up to 4 companions
  • 25% savings on in-flight American Airlines WiFi
  • Earn 2x AAdvantage miles on American Airlines purchases
  • Earn 2x AAdvantage miles for telecom merchants, cable and satellite providers, car rental merchants and at gas stations
  • $99 companion certificate ( plus $21.60 to $43.20 in government taxes and fees, based on itinerary) after spending $30,000 in annual card purchases and card membership is renewed
  • No foreign transaction fee

The annual fee is $0 for the first 12 months, then $99. This is a reasonable annual fee compared to some of the other best small business credit cards. Plus, the card benefits can easily be worth more if you use them several times a year.

Free checked bags and preferred boardings are the easiest benefits to redeem. The 2x purchase rewards categories can also make it easy to earn bonus miles if you rent cars or make gas station purchases. However, note that you will need an excellent credit score for this card.

Learn more: Best credit cards for American Airlines fliers

$99 Companion Certificate

Another benefit worth considering is the $99 companion certificate if you can spend $30,000. With this benefit, your companion’s domestic main cabin round-trip seat only costs $99 plus $21.60 to $43.20 in taxes and fees. This certificate isn’t the only reason to make $30,000 in card purchases, but, it’s a nice reward to earn along the way.

This is partly why it’s one of the best American Airlines business credit cards.

65,000 Bonus AAdvantage Miles

New CitiBusiness® / AAdvantage® Platinum Select® Mastercard® applicants have the chance to earn 65,000 bonus AAdvantage miles for a signup bonus. You can earn the bonus by spending $4,000 in the first 4 months. You qualify for this bonus when you haven’t earned the bonus for this card in the last 48 months.

This bonus can be enough to book two round-trip main cabin flights within the contiguous 48 states and Canada (50,000 miles total). You may also book one first-class round-trip ticket within the United States.

If you want to splurge, you can book a one-way premium cabin award flight to Hawaii (55,000 miles), Europe (57,500 miles), or the Caribbean (25,000 miles).

Costco Anywhere Visa Business Card by Citi

Your business Citi cash rewards option is the Costco Anywhere Visa® Business Card by Citi. You will also need to be a Costco member to have this credit card. An annual Costco membership costs either $60 or $120, depending on the tier you choose. The good news is you won’t pay an additional fee to own this card.

If you don’t shop at Costco for business, this card isn’t a good fit. You will need to choose a different cash back credit card instead.

Your purchases earn up to 4% back:

  • 4% back on gas worldwide including Costco (on the first $7,000 in annual spending then 1% back)
  • 3% back on restaurant and eligible travel purchases
  • 2% back on all Costco and Costco.com purchases
  • 1% back on all remaining purchases

Your cash rewards deposit each February as a reward certificate. You can redeem the reward for cash or merchandise at Costco. This redemption policy is very restrictive.

This card doesn’t offer a signup bonus which can be another potential downside to this card.

Purchase Protection Benefits

This card has two additional purchase protection benefits worth noting. The first benefit is damage and theft protection for the first 120 days (90 days for New York residents) on eligible purchases. Your second benefit is an extended warranty on qualifying manufacturer warranties.

Costco Travel

Perhaps one of Costco’s best-kept secrets is their Costco Travel online booking site.

You can book these travel purchases:

Select offers let you earn Costco gift cards and other carrier discounts you may not get by booking directly from the carrier.

Business travelers may appreciate the rental car benefits. In addition to earning 3% back on Costco Travel bookings, Costco waives the additional driver fee for one driver. Costco Executive members ($120 per year) earn an extra 2% back on Costco and Costco Travel purchases.

The hotel room booking tool can also be useful if you want to stay at a Fairmont, Hyatt, or Swissôtel property.

Best Small Business Credit Cards

These two Citi business credit cards can be a good option if you want a co-brand credit card. But if you don’t frequent American Airlines or Costco, you should consider one of these best small business credit cards instead.

Chase Ink Business Preferred Credit Card

One of the best overall travel rewards credit cards is the Chase Ink Business Preferred® Credit Card. You have flexible options to earn or redeem your rewards points.

You can earn 3x Ultimate Rewards on the first $150,000 in combined purchases for:

  • Travel
  • Shipping purchases
  • Search engine and social media advertising
  • Internet, phone and cable services

All other purchases on the Ink Business Preferred credit card earn 1 point per $1.

Your points are worth 1 cent each when redeemed for cash or gift cards. Each point can be worth 1.25 cents each for award travel booked on the Chase travel portal. You can also transfer your points at a 1:1 ratio to airline and hotel partners including British Airways, United, Southwest, Emirates, and World of Hyatt. Transferring your points to British Airways lets you book partner flights on American Airlines.

The signup bonus is 100,000 Ultimate Rewards worth $1,250 in award travel. You will need to spend $15,000 in the first 3 months to earn the bonus.

Learn more: Best Chase Business Credit Cards

American Express Blue Business Cash Card

There are plenty of American Express small business credit cards. For cash rewards, consider the American Express Blue Business Cash™ Card. You earn 2% back on up to $50,000 in annual purchases and then 1% back for all remaining purchases. Your cash rewards redeem as a monthly statement credit.

Plus, if you’re a new cardholder, you can earn up to $300 back to boost your business. You’ll earn up to $100 in the form of statement credits at each of the following merchants: Dell Technologies, DocuSign, or FedEx after you make an eligible purchase on your card within the first 3 months of account opening. There is no annual fee for this card (See Rates & Fees).

Blue Business Plus Credit Card from American Express

If you prefer earning travel rewards, you can apply for the Blue Business® Plus Credit Card from American Express. You earn to 2x Membership Rewards points on everyday business purchases, on the first $50,000 annually, then 1 point per dollar.

Plus, new cardholders can earn up to $300 back to boost your business. You can earn up to $100 in the form of statement credits at each of the following merchants: Dell Technologies, DocuSign, or FedEx after you make an eligible purchase on your new card within the first 3 months of account opening.

Points are most valuable when redeemed for award flights. There is no annual fee (See Rates & Fees).

Learn more: Best American Express Business Credit Cards

Capital One Spark Miles for Business

The information for the Capital One® Spark® Miles for Business has been collected independently by Johnny Jet. The card details on this page have not been reviewed or provided by the card issuer.

The Capital One® Spark® Miles for Business is a flat-rate travel rewards credit card. You earn unlimited 2x miles on all purchases. Rental cars and hotels booked through Capital One Travel earn 5x miles.

Your miles can be redeemed for travel statement credits, book upcoming travel, or transfer to airline partners. Transfer partners include Avianca LifeMiles, Asia Miles, JetBlue, Emirates, Qantas, and Singapore Airlines.

Capital One also offers a fee credit for Global Entry or TSA PreCheck for the primary cardmember. The annual fee is $0 for the first year and then $95 each card renewal.

FAQs

Are Citi Business credit cards worth it?

The Citi business credit cards might be worth it if you fly American Airlines or are a Costco member.

Citi presently offers 2 small business credit cards:

The CitiBusiness/AAdvantage offers free checked bags for up to 4 companions and purchases earn up to 2x AAdvantage miles.

The Costco Anywhere Visa Business Card earns up to 4% back on purchases. However, you must be a Costco member to get this card. Plus, your cash rewards only deposit each February as a cash or Costco merchandise credit.

What’s the annual fee for a Citi business credit card?

The annual fee for the CitiBusiness/AAdvantage Platinum Select is $0 for the first 12 months and then $99.

The annual fee for the Costco Anywhere Visa Business Card is $0. However, you will need to purchase a Costco membership which either costs $60 (Business) or $120 (Business Executive).

Does Citi report business credit card activity to your personal credit report?

CitiBusiness doesn’t report your business credit card activity to your personal credit report. This can also be true if your Citi business credit card defaults or is no longer in good standing. However, Citi may still require a personal guarantee to recoup your unpaid business credit card balance.

Related Articles:

For rates and fees of the American Express Blue Business Cash™ Card, please click here.

For rates and fees of The Blue Business® Plus Credit Card from American Express, please click here.

Josh Patoka
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