Citibank has been around since before you were born. Before your parents were born, too, and your grandparents. It was around before your great-grand… OK, you get the idea.
In fact, Citibank was founded in 1812, though it was known back then as the City Bank of New York. In the 1860s, "Citibank" was adopted as something of a nickname, but it actually didn't officially become Citibank until 1976. Read more
The bank, which is a subsidiary of Citicorp, has come a long way since its origins. It's still headquartered in New York City, but it's now a global bank. There are now more than 4,600 branches around the world. It serves approximately 200 clients in 160 countries and jurisdictions.
Fun fact about Citibank: Citibank is often credited for popularizing ATMs. Back in 1977, the chairman of Citibank spent more than $100 million to install ATMs throughout New York City. Why do you need a machine that gives you money when there's a perfectly good bank that can do it, people wondered. But that decision paid off the following January when a blizzard pretty much shut down New York City and closed businesses around the city, including banks. The ATMs, however, remained open.
Citibank is very much a bank, but they offer a lot of services beyond banking - life insurance, disability and long-term care insurance and credit cards, for instance.
Citi credit card holders are generally people with good to excellent credit. There are Citi credit card offers for small business owners, students, cards geared for travelers and for people who want to pay off their credit card debt by using a zero percent introductory APR balance transfer card.
CardRatings has named several Citibank credit cards to its best credit cards of 2020 lists, including:
Citibank offers many credit cards, for just about every type of cardholder. It has travel rewards credit cards and business cards, and if you're looking for cash back credit cards and cards with long promotional APR offers, you can definitely find that as well. Plus, student credit cards and secured credit cards.
The Citi® Double Cash Card - 18 month BT offer , for instance, allows you to earn cash back twice. You'll get 1% cash back the moment you buy any purchases - and then when you send in your monthly payment, you'll receive another 1% cash back.
The Citi® Diamond Preferred® Card offers a 0% introductory APR that should interest many cardholders. It currently offers a 0% Intro APR on balance transfers for 18 months from date of first transfer - and 18 months of an 0% introductory APR on purchases for the first year from the date of the account opening. Neither card has an annual fee.