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Citibank business credit cardsBusiness credit cards are credit cards used for acquiring credit for various business operations. Generally the modes of operation of these business credit cards are same as the regular credit cards. The business credit cards are of great help to separate the business credit from the personal credit. This is a way to keep away the personal liabilities from professional liabilities. There are several banks offering the business credit cards, among them Citibank is a prominent name. Citibank is a globally renowned bank and is ranked third among all the banks. The business credit cards offered by the Citibank are tailor made to meet various requirements of the customer.
Various Business Credit Cards of Citibank
There are four types of business credit cards issued by the Citibank. Each of the cards is designed to suit business of varied nature. These business credit cards issued by the Citibank differ in several of their features. These business credit cards also have some value added features, through which the cardholders can earn bonus points. These bonus points or thank you points can later on be redeemed for cash or kind.
1) The Citi Professional Card: The Citi Professional Card is basically meant for the beginners who are want to revert to the business credit cards from their personal credit cards for official purposes. Through Citi Professional Card you can get 0 percent APR on the balance transfer. This offer lasts for nine months and starting point is taken as the time when the first balance transfer is being made. On the first purchase of this card the bank offers a 10,000 bonus thank you points to its customer. These thank you bonus points can be later on redeemed for a dollar 100-gift card. The customers can also earn more bonus points. The customers can earn 3 thank you points at the expenditure of a single dollar done at the gas stations, to purchase articles for the office and auto renting centers and if the dollar is spent somewhere else than these places then only one thank you bonus point will be earned.
These thank you points earned can be later on redeemed for an travel by air where the expenses will be taken up by the bank, these points can be exchanged for statement of credit, even gift cards and certificates can be bought exchanging these points. Shopping of merchandise also can be done, as these thank you points will be converted to cash. This card also gives some customer services as an added feature like they provide a reporting tool, which helps to manage the finances. This tool helps to arrange the bills and reimbursements of the person in an orderly manner.
2) The CitiBusiness Card: This is the business card designed to meet the requirements of small businessman. The customers do not have to pay any amount annually to maintain this business credit card. To transfer the balance from this account 0 % APR is charged. This rate is fixed for the first twelve month, which starts from the date of first balance transfer. It gives the customers a credit size equivalent to the size of their business. The businessman can also acquire credit cards for his employees absolutely free of cost through the scheme run on this card. The bank gives quarterly and annual summary of the account to all the cardholders. By using this card the cardholder can also make savings on the office goods bought everyday. This helps small businessmen to make good amount of annual savings, which later on get converted as the working capital for their firm.
3) The CitiBusiness Card With Thank You Network: This business credit card is designed as such that the customers can earn gifts in terms of cash and kind by the usage of this card. On the very purchase of this card customers are awarded with 10,000 bonus thank you points. These ten thousand bonus points are equivalent to a dollar 100-gift card. The gift card can be later on exchanged for cash. On every balance transfer for the first twelve months 0 % APR is charged. The time span of twelve months start from the day when the customer first transfer the balance of one account to the other. For every purchase made for the business purpose on this card the cardholder can earn three thank you points. These thank you points when get accumulated in bulk can be redeemed for cash or kind. The bank also provides the detailed account reports to the cardholders on annual and quarterly basis. The businessman owning this card can also get credit cards for their employees absolutely free of cost. The credit limit on these cards can be set by the businessman himself. For the all the services provided by the bank on this card no annual fee is being charged. This card can be useful to those who seek some value added features to their credit cards.
4) The CitiBusiness PremierPass Business Credit Card: This card is specially designed for the businessmen who are frequent air travelers. The cardholder can carry along with him another passenger at the cost of ticket for one passenger for any number of times. No fee is being charged for this service. The cardholder can earn 1 point for traveling every mile by the air. They can also earn 1 point for every dollar spent to make general purchases and three points can be earned for spending a dollar for the purpose of making business purchases. These points when accumulated in bulk can be redeemed for anything of the choice of the cardholder. These points can also be redeemed for free tickets to do air travel. The bank charges 0 % APR on any transfer of balance for twelve months, which starts from the date when the first balance transfer, is being made. This card offers the cardholders credit line, which is equivalent to the size of the business of the cardholder. No fee is charged for the services for the first year of the tenure of the cardholder. Later on a fee of dollar 75 is being charged annually towards the services given by the bank.
Before making a choice of a particular business credit card one must weigh the pros and cons keeping in mind his requirements. This can be done by thoroughly going through the terms and conditions of the bank for acquiring the card and for this purpose the customer care associates of the bank can also be consulted.
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