Citi Launches New Line of Credit Cards on The American Express Network

Citibank® and American Express® announce today that they will offer consumers Citibank premium benefits and customer service through cards that are accepted wherever American Express is welcome. Plus, many of the new Citi American Express Cards reward cardmembers for doing what they already do, like making purchases at grocery and drug stores, or putting gas in the car.

“We’re excited by this new relationship, and the prospect of providing our customers and prospective customers with the superior benefits and services these new cards will have,” says Vik Atal, Chairman and CEO, Citi Cards North America. “As always, we’re committed to exceptional customer service, and by issuing some of our most popular card products on the American Express Network, we’re offering customers many of the features and benefits they want in a credit card.”

Peter Godfrey, President of American Express Global Network Services adds, “This partnership brings together two highly successful and internationally recognized brands for the benefit of all cardmembers looking for high quality products and service. We are delighted that Citibank is providing consumers with a credit card on the American Express Network that allows them to experience the best of both worlds.”

The Citi American Express Cards offer value, rewards and cash-back benefits. The initial offerings will begin later this month, and the full suite of card products will be available to consumers as of January 15, 2006.