2026-06-11
Citibanamex vs Hey Banco: miles vs cashback
| Citibanamex | Hey Banco | |
|---|---|---|
| CAT (Costo Anual Total — Mexico's all-in annual cost figure) | 68% | 58% |
| Credit limit | $5k–$90k | $4k–$80k |
| Interest-free days | 50 days | 45 days |
| What sets it apart | Cards with Aeroméxico miles — the best airline co-brand in Mexico | No annual fee plus cashback on the categories you actually spend on |
When Citibanamex makes sense
Citibanamex Aeroméxico pays off if you fly two or more round trips a year. The effective accrual is one mile per 12-14 pesos spent; a Mexico City-Cancún flight runs 20,000-30,000 miles. If you don't fly, the annual fee (around 1,800-3,500 pesos) eats whatever the card gives back.
When Hey Banco wins
Hey Banco beats Citibanamex for the 99% of users who don't fly or fly once a year. The 2% cashback hits your balance directly and doesn't expire. On 15,000 pesos of monthly spending, that's 300 pesos a month vs scraping together miles that won't even cover a checked bag.
My take
Two or more Aeroméxico flights a year: Citibanamex. Everyone else on the planet: Hey.