American Express vs Citi Bank: Which Credit Card Is The BEST?

In this video, I'll compare American Express credit cards against Citi Bank credit cards to see which is best! I'll compare the AMEX reward program against the Citi reward program, the sign-up bonuses, travel benefits, and more. By the end of this video, you'll know which credit card is the best in Australia.
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▼ ▽ AMEX CARDS THAT I USE
💳 AMEX Essential - bit.ly/41X6vqD
💳 AMEX Platinum Edge - bit.ly/3PoBmc7
💳 AMEX Explorer - bit.ly/3HltgwQ
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💰 Some links above may be affiliate or referral links. Using these links doesn't cost you anything extra, but they support the channel!
▼ ▽ TIMESTAMPS
0:00 Intro
0:35 Reward Program Comparison
4:27 Credit Card Offerings
6:27 Sign-Up Bonus & Travel Perks
11:57 Accessibility & Fees
▼ ▽ CONTACT
📩 Business inquires → [e-mail]

[@shaheenharoon]

4:19 - Hilton not IHG logo, great video keep it up

[@user-jz3br1ku8k]

great video Raymond keep it up mate

[@kq2883]

with nab buying citibanks aus domestic consumer banking division, do you think we should be concerned about our citibank points being inflated to nothing/ drastically scaled back ? they already shut the dinners club card down

[@tiffanyk2743]

I'm buying a macbook for 8000$ and want to get frequent flyer points, what would you recommend? No annual fee credit card

[@user-ms6bq4pg5p]

Hi Raymond, thanks for an informative video. I had a question in regards to obtaining a credit card. I heard that owning a credit card will decrease my borrowing amount for a home loan in the future, however I like to travel so getting a credit card with benefits sound appealing to me. Could you elaborate on this thanks.

[@raymondla]

Hey mate, glad you found the video informative! You are correct, banks will look at your total existing debt (which includes credit cards) when calculating how much you can borrow. But you can simply close your credit cards a few months prior to applying for a home loan and it will be fine.

[@wzk921109]

I remember we get a lot less point & perks in Aus vs US.

[@raymondla]

Definitely, credit card perks and rewards in general are much better in the US.

[@JP-tb6iq]

Is it true credit cards in Australia actually lowers your borrowing power? Example: if you have $10,000 available credit on your card, that’s $10,000 less they will borrow to you as at any point you could be $10,000 in debt instantly? As long as you pay your bills on time and keep steady income, that’s more important to secure a home loan than credit history? Is this true?

[@raymondla]

Hey mate, yes that is indeed correct. Banks will assess how much you can borrow based on your income + existing debt which includes things like credit cards and even your HECs debt. Often times if you're working with a mortgage broker they recommend closing your credit cards a few months prior to getting a home loan.

[@Yayadays111]

i thought you can't do giftcard to bump up spending and get sign up bonus?

[@raymondla]

No you definitely can, I've done it multiple times. Only Government payments will not be applicable.

[@davidboyle1193]

​@raymondla what is the time frame for re applying for a citibank qantas card to get the points again

[@lilyvickylin]

Costco still don’t accept Amex

[@raymondla]

Fingers cross they do sometime in the future

[@mcguiz]

I like what you're trying to do with these videos. My feedback is cut down the amount of explaining and replace the background music. Not enough of the right info and the music will send people to sleep.

[@raymondla]

Appreciate the feedback mate, will take on for future videos

[@jamestaylor3097]

FWIW, I like all of the explanation as it is providing exactly the information I am looking for. Also, I don’t even notice the music, so I don’t think you need to change anything. Keep up with the videos and I think your channel deserves to grow a lot more 👍

[@raymondla]

@@jamestaylor3097 really appreciate that feedback mate! Glad you found it informative

[@down4f]

American Express is for Americans, so i guess if youre in Australia or Britain they would be called Australian Express or British Express instead. It doesnt makes sense for American Express to be used outside of America(n) 😅