Vol. I · Issue 01 · The Quarterly of Plastic

Advertiser Disclosure →

SIDE A

A

American Express · American Express

Blue Cash Preferred Card from American Express

VS.

×

SIDE B

B

Citi · Mastercard

Citi Custom Cash Card


FILING

Head-to-Head · Plastic Quarterly

The Blue Cash Preferred and Citi Custom Cash both offer solid cash back rewards for everyday spending, but they target different financial situations. American Express's offering demands a $95 annual fee but delivers a generous 6% back at supermarkets and streaming services, plus a $250 signup credit that effectively covers the fee. Citi's card charges nothing upfront and automatically rewards your highest spending category at 5% each month, capping at $500 in annual rewards per category. The choice hinges on whether you can benefit from Amex's category bonuses enough to justify the annual cost, or prefer the flexibility and no-fee simplicity of Citi's rotating approach.

THE VERDICT

Our ruling.

Choose the Citi Custom Cash for most people. The no annual fee structure, longer 0% intro APR on balance transfers, and automatic top-category tracking make it the smarter default. Only choose American Express if you spend $500+ monthly on supermarkets or streaming subscriptions and value the additional purchase protections enough to justify $95 annually.

CHOOSE A

Side A is for you if

  • 01You spend more than $500 per month at US supermarkets, since the 6% cash back rate (up to $6,000 annually) far exceeds Citi's 5% category cap of $500 per year
  • 02You subscribe to multiple streaming services and want to consolidate that 6% cash back reward alongside grocery shopping
  • 03You value American Express's superior purchase protection ($300 per item) and return protection for high-value purchases
  • 04The $250 statement credit offsets the annual fee in your first year, making the effective cost manageable

CHOOSE B

Side B is for you if

  • 01You want zero annual fees and prefer to avoid cards with membership costs, keeping your rewards net positive from day one
  • 02You spend inconsistently across categories month-to-month and appreciate the automatic optimization of 5% back on whatever your highest category is each billing cycle
  • 03You frequently carry balances and need the extra 15 months of 0% intro APR (versus Amex's 12 months) to pay down debt interest-free
  • 04You value simplicity and don't want to calculate whether category spend justifies an annual fee

THE LEDGER

Side by side.

ISSUER
American Express
Citi
NETWORK
American Express
Mastercard
ANNUAL FEE
$95
$0
APR RANGE
19.24% – 29.99%
18.24% – 28.24%
INTRO APR (PURCHASES)
0% for 12 months
0% for 15 months
INTRO APR (BALANCE TRANSFERS)
0% for 12 months
0% for 15 months
REWARDS TYPE
cashback
cashback
REWARDS RATE
1% cash back on all purchases
1% cash back on all purchases
SIGN-UP BONUS
$250 statement credit
$200 bonus
BONUS VALUE
$250
$200
MIN. CREDIT SCORE
670+
670+
FOREIGN TRANSACTION FEE
Yes (3%)
Yes (3%)

A HIGHLIGHTS

Blue Cash Preferred Card from American Express

  • 6% cash back at US supermarkets (up to $6,000/year)
  • 6% on select US streaming subscriptions
  • 0% intro APR for 12 months on purchases and balance transfers
  • Return protection up to $300 per item
  • Purchase protection up to 90 days

B HIGHLIGHTS

Citi Custom Cash Card

  • Automatic 5% back on your top spending category each billing cycle
  • No annual fee
  • 0% intro APR for 15 months on purchases and balance transfers
  • Categories include restaurants, gas, groceries, travel, and more
  • Citi Entertainment perks

QUESTIONS · ANSWERS

Frequently filed.

You need roughly $1,584 in annual supermarket spending to earn back the $95 fee through the 6% cash back rate. That's about $132 per month. If you regularly spend more than that, the Amex becomes financially superior. Below that threshold, Citi's free card wins financially.