Should Citigroup accept a abode in your portfolio? (Part 4 of 10)
(Continued from Allotment 3)
Types of cards
Citigroup (C) offers a ambit of cards with altered allowances and appearance accouterment to capricious applicant needs.
These are some of the Citigroup cards on offer:
Citigroup’s aeon Bank of America (BAC) and JP Morgan (JPM) additionally action all of the aloft types of cards. American Express (AXP), which leads the bazaar based on acquirement volumes, additionally has a big agenda portfolio accouterment to altered customers. Combined, these four companies anatomy ~22% of the Financial Select Sector SPDR ETF (XLF).
The blueprint aloft shows a bounded breakdown by acclaim and allegation aggregate of Citi-branded cards, which annual for ~80% of the absolute volume. North America accounts for the accomplished acclaim and allegation aggregate for Citi-branded cards.
In the aing allotment of our series, we’ll take a added attending at Citigroup’s acceptable cyberbanking services.
Continue to Allotment 5
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