- Annual fee: The annual fee is $95.
- Foreign transaction fee: There is no foreign transaction fee.
- Balance transfer fee: 5% of the transfer, or at least $5.
- Cash advance fee: 5% of the advance, or at least $10.
- Late payment fee: You may be charged up to $40 for a late payment.
- Returned payment fee: You may be charged up to $40 for a returned payment.
Spending money on eligible travel, food and gas is the best way to maximize your rewards with the Citi Premier Card. You earn three points per dollar spent on air travel and hotels and three points per dollar on gas station, restaurant and supermarket purchases. All other purchases earn one point per dollar. You will receive an 80,000-point sign-up bonus when you spend at least $4,000 in the three months after opening your account.
You can redeem your ThankYou Points for travel, gift cards, online shopping with Amazon or Best Buy, and more. The 80,000-point sign-up bonus is worth $800 in gift cards at thankyou.com, for example.
You can also transfer your points to loyalty programs including JetBlue TrueBlue and Virgin Atlantic Flying Club. You’ll need at least 1,000 points to make a transfer.
Annual fee: The Citi Premier Card’s annual fee is $95. The Chase Sapphire Preferred Card has an annual fee of $95.
Rewards: The Citi Premier Card earns three points per dollar spent on air travel, hotels and gas station purchases; three points on restaurant and supermarket purchases; and one point per dollar on all other purchases. The Chase Sapphire Preferred Card offers five points per dollar on travel booked through Chase Ultimate Rewards; two points per dollar on other eligible travel; three points per dollar on dining, eligible streaming services and qualified online grocery purchases; and one point per dollar on all other purchases.
Sign-up bonus: With the Citi Premier Card, you can receive a 80,000-point bonus after spending $4,000 in the three months after opening your account. With the Chase Sapphire Preferred Card, you will earn 60,000 bonus points when you spend after you spend $4,000 on purchases in the first 3 months from account opening. That’s $750 when you redeem through Chase Ultimate Rewards®.
Benefits: Each calendar year, Citi Premier Card users can get one $100 discount on an eligible hotel stay of $500 or more (excluding taxes and fees) purchased through thankyou.com or at 800-THANKYOU, and the card offers access to Citi Entertainment. Neither card charges a foreign transaction fee. With the Chase Sapphire Preferred Card, cardholders receive benefits including purchase protection, extended warranty coverage on purchases made with the card, and trip cancellation and interruption insurance.
Citi Premier Card vs. Capital One Venture Rewards Credit Card
Annual fee: The Citi Premier Card’s annual fee is $95. The Capital One Venture Rewards Credit Card has a $95 annual fee.
Rewards: The Citi Premier Card earns three points per dollar spent on air travel and hotels and three points per dollar on eligible gas station, restaurant and supermarket purchases. All other purchases earn one point per dollar. The Capital One Venture Rewards Credit Card earns two points per mile on all purchases.
Sign-up bonus: With the Citi Premier Card, new cardholders receive a 80,000-point bonus after spending $4,000 in the three months after opening their account. The Capital One Venture Rewards Credit Card offers 75,000 miles once you spend $4,000 on purchases within 3 months from account opening.
Benefits: Each calendar year, Citi Premier Card cardholders can get one $100 discount on an eligible hotel stay of $500 or more (excluding taxes and fees) purchased through Citi ThankYou Rewards online or by phone, and the card offers access to Citi Entertainment. Neither card charges a foreign transaction fee. The Capital One Venture Rewards Credit Card will reimburse your application fee for Global Entry or TSA PreCheck and also provides access to concert tickets, dining and other experiences.
- Make a lot of eligible travel, food and gas purchases.
- Can earn the sign-up bonus.
- Don’t want to pay a foreign transaction fee.
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