Who is Citibank owned by? This question is about Citi Credit Cards

Who is Citibank owned by?

This question is about Citi Credit Cards

Chip Lupo, Credit Card Writer

@CLoop • 07/05/23 This answer was first published on 02/24/23 and it was last updated on 07/05/23.For the most current information about a financial product, you should always check and confirm accuracy with the offering financial institution. Editorial and user-generated content is not provided, reviewed or endorsed by any company.

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Citibank is owned by Citigroup, a U.S.-based investment bank and financial services corporation headquartered in New York, NY. Citigroup was founded in 1998 and has owned Citibank ever since.

Citibank is the 3rd-largest credit card issuer in the United States, with 78.7 million cards in circulation. For more information, check out Citibank’s credit card reviews.

What is considered a "major credit card"?

Major credit cards are any cards that belong to one of the big four credit card networks: Visa, Mastercard, American Express and Discover. That’s what stores mean by “we accept all major credit cards.” A major credit card will almost always show the logo of its network on the front. In some cases it’ll be on the back. If a card doesn’t have such a logo, it’s likely a store card that can only be used at a...

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What does credit card company mean?

A financial institution that issues credit cards. Most of the time a credit card's issuer (e.g. Bank of America or Capital One) will be different from the network it is on (i.e. Visa, MasterCard, American Express, and Discover). The two exceptions are American Express and Discover, which are networks that began issuing their own cards directly.

Our Thoughts:

While the network your credit card is on is important given that it dictates where it can...

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Which bank has the best credit cards?

The banks with the best credit cards are Capital One, Citibank, Bank of America and Discover. These top 10 credit card companies all have good credit card offers for people across the creditworthiness spectrum. However, most major banks offer at least one credit card that would be best for someone.

People have different opinions on the best credit card company for one reason or another. Customer service is important to some credit card users....

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