How to Get a Citi Business Credit Card

(November 2024)

In This Article

Introduction

Are you ready to take your business to the next level with a Citi Business Credit Card? Whether you’re a seasoned entrepreneur or just starting out, finding the right financial tools can make all the difference. Envision having a credit card customized to meet your business’s unique needs; offering rewards, flexibility, and the power to manage expenses effectively. Sweet! Right?

But before you unleash its purchasing power on that much-needed office upgrade, there are a few quick steps to take. So get ready to unlock a world of rewards, streamlined management, and credit-building potential.

1. Check Eligibility

To get a Citi Business Credit Card, make sure you’re a perfect match. There are a few key things Citi considers when reviewing applications.

First up, are you at least 18 (or 21 in Puerto Rico) and a residing U.S. citizen and its territories, excluding Puerto Rico and the U.S. Virgin Islands? Great! Now dive into your financial fitness. Citi analyzes your credit report, so grab free copies from Equifax, Experian, and TransUnion at AnnualCreditReport.com.

Don’t forget to check your FICO score through Citi’s online banking (it’s free too!). They’ll want to see a history of on-time payments, low credit card balances, and a healthy mix of credit accounts like student loans or a mortgage. Citi factors in your income and debt-to-income ratio, so a lower ratio is ideal. Finally, avoid applying for multiple credit cards in a short period to prevent raising any red flags.

2. Choose the right card

To obtain a Citi Business Credit Card, select the right card. Citi offers a variety of Business Credit Cards with different rewards programs and benefits, so it’s crucial to choose the one that best suits your business expenses and spending habits. Here’s an overview to help you decide:

  • Citi / AAdvantage Business World Elite Mastercard

Are you a frequent flier? Earn 65,000 bonus miles after spending $4,000 in 4 months. Get 2 miles on car rentals, gas stations, and American Airlines purchases, plus 1 mile on everything else. Enjoy free first checked bags, no foreign transaction fees, and more! This card has a $0 annual fee for the first year, then $99.

  • Costco Anywhere Visa Business Card by Citi

If you’re a business owner who regularly shops at Costco to stock up on office supplies, food for your break room, or other business-related items, then the Costco Anywhere Visa Business Card by Citi might be a good fit for you. Earn cash back! Get 4% on gas & EV charging (up to $7,000 per year), 3% on restaurants & travel (including Costco Travel), and 2% back on other Costco purchases. This card has no annual fee with your active Costco membership.

To browse Citi’s Business Credit Card options and find the one that best meets your needs, visit Citibank website. Consider your business expenses and spending habits to select the card that offers the most valuable rewards and benefits for you.

3. Gather Information

To acquire a Citi Business Credit Card, ensure you have all the necessary information ready. You need your business name, Employer Identification Number (EIN), business address, business phone number and financial details like annual revenue and tax ID number. 

Also, have your personal information on hand, including your Social Security number and date of birth. Citi may also request details about your business’s annual revenue, years in operation, and other financial information to assess your eligibility. Having this information prepared streamlines the application process and helps you complete it efficiently.

4. Apply Online

To apply for a Citi Business Credit Card, visit the Citi website and navigate to the business credit card section. Select the card that best suits your business needs, then click on the “Apply Now” button. Complete the application form with your business and personal information, including your business name, Employer Identification Number (EIN), business address, business phone number, Social Security number, and date of birth.

You also need to provide details about your business’ annual revenue and years in operation. Before applying, ensure you’re an authorized officer and controlling party of your business entity. Then, fill in the authorized officer’s personal information, such as name, Social Security number, and date of birth, and be ready to provide your total annual income and, if applicable, AAdvantage membership details.

Review your information for accuracy before submitting the application securely. After submission, Citi reviews your application, and you receive a decision via email or mail. If approved, Citi mails your new credit card to your business address, and the process typically takes up to four weeks.

Additional Tips:

  • Be prepared to answer questions about your business during the application process.
  • Review the card’s terms and conditions carefully before using it.
  • Make sure you understand the interest rates, fees, and rewards program associated with the card.

5. Activate and Start Using Your Card

To secure a Citi Business Credit Card, activate your card. Once you receive your new Citi Business credit card, activating it is a breeze. You typically are able to do this by either calling a phone number or activating it online, following the provided instructions.

After activation, set up your online account to manage everything in one place. This online portal allows you to view statements, make payments, and track your rewards, all at your convenience. With your card active and account set up, you’re ready to start using it for your business expenses! By using your card, you are not only making purchases but also earning rewards and building valuable business credit history.

Recap

Ready to take your business to the next level with a Citi Business Credit Card? Ensure your eligibility by reviewing your credit score and maintaining a strong payment history. Choose the right card that aligns with your business expenses and spending habits, whether it’s earning travel rewards or cash back on everyday purchases.

Gather all necessary information, from business details like your EIN and annual revenue, to personal information such as your Social Security number. Apply online through the Citi website, completing the form accurately and reviewing all terms.

Once approved, activate your card and set up your online account for convenient management of statements, payments, and rewards tracking. Start using your new card to make purchases and also to build a solid credit history for your business.

Become a

S'witty Kiwi Credit Insider!

Get the latest credit tips and hacks in your inbox!