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Want simple, consistent cashback on all purchases?
The Citi Double Cash® Card from Citibank is a highly rewarding credit card that offers 2% cash back on all purchases, making it an attractive choice for those looking to earn cash back on their daily expenses.
With no annual fee and easy redemption options, this card is ideal for individuals seeking a straightforward cash back experience. The card’s simplicity and flexibility make it a popular choice among consumers.
Key Takeaways
- Earn 2% cash back on all purchases
- No annual fee
- Easy redemption options
- Simple and flexible cash back experience
- Popular choice among consumers
- No rotating categories or spending limits
Citi Double Cash
Citi Double Cash® vs. Citi Custom Cash® Card: Which One Offers Better Cash Back for You?
When it comes to maximizing cash back rewards, the Citi Double Cash® Card and the Citi Custom Cash® Card are two standout options. Both offer unique benefits tailored to different spending habits. In this comprehensive comparison, we’ll delve into the features, rewards structures, and key differences to help you determine which card aligns best with your financial goals.
Citi Double Cash® vs. Citi Custom Cash® Card: Side-by-Side Comparison
| Feature | Citi Double Cash® Card | Citi Custom Cash® Card |
|---|---|---|
| Cash Back Rate | 1% when you buy + 1% as you pay (2% total) | 5% on top eligible spend category (up to $500/month), 1% thereafter |
| Additional Cash Back | 3% on hotels, car rentals, and attractions via Citi Travel | 4% on hotels, car rentals, and attractions via Citi Travel |
| Annual Fee | $0 | $0 |
| Sign-Up Bonus | $200 after $1,500 spend in first 6 months | $200 after $1,500 spend in first 6 months |
| Rewards Program | ThankYou® Points | ThankYou® Points |
| Category Enrollment | Not required | Not required |
| Ideal For | Consistent earners across all purchases | Those with fluctuating spending habits |
Citi Double Cash® Card: Consistent Rewards for Everyday Spending
The Citi Double Cash® Card is designed for individuals who prefer a straightforward cash back approach. With a flat 2% cash back on all purchases—1% when you make a purchase and an additional 1% as you pay it off—it offers simplicity without the need to track spending categories. Additionally, cardholders can earn 3% cash back on hotels, car rentals, and attractions booked through Citi Travel.
Pros:
- Unlimited 2% cash back on all purchases
- No rotating categories or enrollment required
- $200 sign-up bonus after $1,500 spend in first 6 months
- No annual fee
Cons:
- No higher cash back rate for specific categories
- Limited bonus categories (3% only on travel bookings)
Citi Custom Cash® Card: Tailored Rewards Based on Your Spending
Citi Custom Cash
The Citi Custom Cash® Card offers a dynamic cash back structure, providing 5% cash back on purchases in your top eligible spend category each billing cycle, up to the first $500 spent. After that, you’ll earn 1% cash back on those purchases. Additionally, cardholders can earn 4% cash back on hotels, car rentals, and attractions booked through Citi Travel. This card is ideal for those whose spending habits vary month to month.
Pros:
- 5% cash back on top eligible spend category (up to $500/month)
- 4% cash back on travel bookings via Citi Travel
- $200 sign-up bonus after $1,500 spend in first 6 months
- No annual fee
Cons:
- 5% cash back applies only to one category per month
- Requires tracking of spending categories to maximize rewards
Which Card Should You Choose?
Choose the Citi Double Cash® Card if:
- You prefer a simple, flat-rate cash back structure without the need to monitor spending categories
- Your spending is consistent across various categories
- You want to earn cash back on all purchases without limits or rotating categories
Choose the Citi Custom Cash® Card if:
- Your spending habits fluctuate, allowing you to capitalize on the 5% cash back in your highest spending category each month
- You frequently spend on categories like restaurants, gas stations, or grocery stores
- You want to earn higher cash back rates in specific categories without enrolling in rotating offers
Final Thoughts
Both the Citi Double Cash® and Citi Custom Cash® Cards offer compelling cash back rewards with no annual fee. Your choice should align with your spending patterns and preferences. If you value simplicity and consistent rewards, the Citi Double Cash® Card is an excellent choice. However, if you prefer to earn higher cash back rates in specific categories based on your monthly spending, the Citi Custom Cash® Card may be more suitable.
For more detailed information and to apply, visit the official Citi websites:
What Makes the Citi Double Cash® Card Stand Out
Among the myriad of cash back credit cards, the Citi Double Cash® Card distinguishes itself with its innovative 1% + 1% cash back structure. This card offers a straightforward rewards program that makes it easy for cardholders to earn cash back on all their purchases.
The Unique 1% + 1% Cash Back Structure
The Citi Double Cash® Card’s rewards structure is its most compelling feature. Cardholders earn 1% cash back on all purchases and an additional 1% cash back when they pay their bills, effectively giving them 2% cash back on every purchase.
No Spending Caps or Limitations
One of the significant advantages of the Citi Double Cash® Card is that it has no spending caps or limitations on its cash back rewards. This means cardholders can earn unlimited cash back without worrying about meeting specific spending thresholds.
Automatic Earnings on All Purchases
The card’s cash back rewards are automatically earned on all purchases, making it a hassle-free experience for cardholders. There’s no need to activate categories or track spending limits, as every purchase counts towards their cash back earnings.
No Category Restrictions or Quarterly Activations
The Citi Double Cash® Card’s simplified rewards program eliminates the complexity often associated with cash back credit cards. Cardholders don’t need to worry about category restrictions or quarterly activations, making it easy to earn cash back year-round.
Simplified Rewards Program
The card’s rewards program is designed to be straightforward and easy to understand, with clear guidelines on how to earn and redeem cash back rewards.
Predictable Earnings Year-Round
With the Citi Double Cash® Card, cardholders can enjoy predictable earnings year-round, thanks to the card’s consistent 1% + 1% cash back structure on all purchases.
| Feature | Benefit |
|---|---|
| 1% + 1% Cash Back Structure | Earn 2% cash back on every purchase |
| No Spending Caps | Earn unlimited cash back |
| Simplified Rewards Program | Easy to understand and earn cash back |
A Closer Look at the Citi Double Cash® Card (Citibank)
With its straightforward rewards structure and robust security features, the Citi Double Cash® Card stands out in the crowded credit card market. The card is designed to provide a seamless user experience, combining simplicity with advanced technology.
Card Design and Features
The Citi Double Cash® Card boasts a sleek design, making it both visually appealing and functional. Key features include:
- Simple Rewards Structure: Earn cash back on every purchase without rotating categories or spending limits.
- Advanced Security: Enjoy peace of mind with the card’s robust security features.
Security Features and Protection
The Citi Double Cash® Card prioritizes cardholder security with advanced features such as:
Contactless Payment Technology
This feature allows for quick, secure transactions without the need to physically swipe or insert the card.
Virtual Account Numbers
Cardholders can enjoy an additional layer of security when making online purchases with virtual account numbers.
Digital Access and Mobile App Integration
The card offers seamless digital access and mobile app integration, enabling cardholders to manage their accounts efficiently.
Account Management Tools
Track spending, monitor rewards, and manage account settings through the user-friendly mobile app.
Mobile Alerts and Notifications
Stay informed with real-time alerts and notifications, keeping cardholders up-to-date on their account activity.
Understanding the Cash Back Rewards Program
Cardholders of the Citi Double Cash® Card can enjoy a hassle-free cash back rewards program that provides value on every purchase and payment. This program is designed to be straightforward, making it easy for users to understand how much they are earning.
How the 1% + 1% Structure Works
The Citi Double Cash® Card offers a unique 1% + 1% cash back structure. This means cardholders earn 1% cash back on all purchases and an additional 1% cash back when they pay their bills.
Earning on Purchases
Earning cash back on purchases is automatic with the Citi Double Cash® Card. Cardholders receive 1% cash back on every purchase, making it a simple way to accumulate rewards.
Earning on Payments
In addition to earning cash back on purchases, cardholders also earn 1% cash back when they pay their monthly bills on time. This adds an extra layer of rewards for responsible payment behavior.
Redemption Options and Minimum Requirements
The Citi Double Cash® Card offers various redemption options for cash back rewards, including direct deposit, statement credits, checks, and gift cards. There are no complicated redemption processes or minimum requirements to redeem rewards.
Direct Deposit and Statement Credits
Cardholders can choose to receive their cash back rewards via direct deposit into their bank account or as a statement credit. Both options are convenient and straightforward.
Check and Gift Card Options
For those who prefer other redemption methods, the Citi Double Cash® Card also allows cardholders to receive their rewards in the form of a check or redeem them for gift cards from popular retailers.
Expiration and Forfeiture Rules
It’s essential for cardholders to understand the expiration and forfeiture rules associated with their cash back rewards. Generally, cash back rewards do not expire as long as the account remains open and in good standing.
Fees, Rates, and Fine Print
Understanding the fees and rates associated with the Citi Double Cash® Card is crucial for maximizing its benefits. While the card has no annual fee, other fees and interest rates can impact its overall value.
Annual Fee and Foreign Transaction Fees
The Citi Double Cash® Card has no annual fee, making it an attractive option for those who want to earn cash back without extra costs. However, cardholders should be aware of the foreign transaction fees, which can be 3% of each transaction. This fee can add up for those who frequently make international purchases.
APR and Interest Rates
The APR and interest rates for the Citi Double Cash® Card vary based on the cardholder’s creditworthiness. It’s essential to understand the different APRs associated with the card.
Purchase APR
The purchase APR applies to purchases made with the card. As of the latest update, the variable APR ranges from 15.49% to 25.49% based on creditworthiness.
Cash Advance APR
The cash advance APR is 29.99% and applies when cardholders take out cash advances. This APR is significantly higher than the purchase APR, making cash advances costly.
Balance Transfer Terms and Fees
Cardholders can transfer balances from other credit cards to the Citi Double Cash® Card, but they should be aware of the associated fees and terms.
Promotional Balance Transfer Offers
Citi occasionally offers promotional balance transfer deals, such as 0% APR for 18 months. These offers can help cardholders save on interest.
Regular Balance Transfer Fees
After the promotional period ends, the regular balance transfer fee applies, typically 3% of the transferred amount with a minimum of $5.
As noted by financial experts, “Understanding the fine print of your credit card can save you money in the long run.”
“The key to maximizing rewards is to understand the terms and conditions of your credit card.”
Additional Card Benefits and Perks
Beyond its cash back rewards, the Citi Double Cash® Card offers a range of additional benefits that enhance the cardholder experience. These benefits are designed to provide protection, convenience, and exclusive access to events and experiences.
Purchase Protection and Extended Warranty
The Citi Double Cash® Card offers purchase protection, which safeguards purchases against theft, loss, or damage for a certain period. Additionally, it provides an extended warranty, doubling the manufacturer’s warranty on eligible purchases. This gives cardholders peace of mind when making purchases.
Fraud Protection and Zero Liability
Citi takes card security seriously, offering fraud protection and zero liability to its cardholders. This means that cardholders are not held responsible for unauthorized transactions, providing a secure environment for their purchases.
Citi Entertainment and Special Access
Cardholders gain access to Citi Entertainment, a program that offers special access to events, ticket presales, and VIP packages. This includes:
Ticket Presales and VIP Packages
Cardholders can enjoy pre-sale tickets to popular events and even VIP packages, making it easier to attend concerts, sports events, and other experiences.
Exclusive Dining Experiences
Citi Entertainment also offers exclusive dining experiences, allowing cardholders to enjoy unique culinary events and experiences that are not available to the general public.
These additional benefits and perks make the Citi Double Cash® Card a valuable choice for those looking for a credit card that offers more than just cash back rewards. With purchase protection, fraud protection, and exclusive access to events, cardholders can enjoy a comprehensive and rewarding credit card experience.
Application Process and Requirements
Understanding the application process for the Citi Double Cash® Card can improve your chances of approval. The process involves meeting specific credit score requirements and following a straightforward application procedure.
Credit Score Requirements
A good credit score is essential for approval. The Citi Double Cash® Card typically requires applicants to have a fair to excellent credit score.
Minimum Score Considerations
While Citi doesn’t publicly disclose a minimum credit score, applicants with scores above 700 are generally considered strong candidates.
Other Approval Factors
Apart from credit score, other factors such as income, credit history, and existing debt can influence approval decisions.
Application Steps and Timeline
The application process is straightforward:
- Submit an online application through Citi’s website.
- Provide required personal and financial information.
- Wait for Citi to review your application.
Decisions are typically made within a few minutes, but may take up to 7-10 business days in some cases.
Approval Odds and Considerations
Approval odds depend on various factors, including credit score and history. A table summarizing the key factors is shown below:
| Factor | Impact on Approval |
|---|---|
| Credit Score | High scores (>700) improve approval chances |
| Income | Stable income supports approval |
| Credit History | A clean history enhances approval odds |
How the Citi Double Cash® Card Compares to Competitors
The Citi Double Cash® Card is a strong contender in the cash back credit card market, but how does it stack up against its competitors? When considering a cash back credit card, it’s crucial to evaluate how different cards align with your spending habits and financial goals.
Versus Other 2% Cash Back Cards
The Citi Double Cash® Card offers a straightforward 2% cash back on all purchases, making it an attractive option for those seeking simplicity. Let’s compare it to other popular 2% cash back cards.
PayPal Cashback Mastercard Comparison
The PayPal Cashback Mastercard offers 2% cash back on all purchases, but with some restrictions. Unlike the Citi Double Cash® Card, it has a rotating category that offers 3% cash back, but you must activate it. The Citi Double Cash® Card doesn’t require activation for its cash back rewards.
Wells Fargo Active Cash Card Comparison
The Wells Fargo Active Cash Card provides unlimited 2% cash back on all purchases, with no rotating categories or spending limits. While both cards offer similar rewards structures, the Wells Fargo Active Cash Card has a more limited introductory APR offer.
Versus Category-Based Rewards Cards
Category-based rewards cards offer higher cash back rates in specific categories, such as groceries or gas. Let’s see how the Citi Double Cash® Card compares to these cards.
Chase Freedom Flex Comparison
The Chase Freedom Flex offers 5% cash back in rotating categories, but you must activate it. It also provides 3% cash back on dining and drugstore purchases. While it offers higher rewards in certain categories, the Citi Double Cash® Card’s simplicity may appeal to those who prefer a straightforward rewards structure.
Discover it Cash Back Comparison
The Discover it Cash Back card offers 5% cash back in rotating categories, with automatic category changes throughout the year. While it requires activation, it also matches all the cash back earned at the end of the first year. The Citi Double Cash® Card, however, offers consistent 2% cash back without the need for activation.
Versus Premium Cash Back Cards
Premium cash back cards often come with higher annual fees but offer enhanced rewards and benefits. Let’s compare the Citi Double Cash® Card to some premium options.
Capital One Savor Comparison
The Capital One Savor offers unlimited 4% cash back on dining, 4% on entertainment, and 3% on groceries, with no rotating categories. While it has a higher annual fee, its rewards categories may appeal to those who spend heavily in these areas.
American Express Blue Cash Preferred Comparison
The American Express Blue Cash Preferred offers 6% cash back on groceries, 3% on gas, and 1% on other purchases. With a higher annual fee, it may be more suitable for those with significant expenses in its rewards categories.
Maximizing Your Rewards with the Citi Double Cash® Card
Maximizing rewards with the Citi Double Cash® Card involves a combination of smart spending and card optimization. By employing the right strategies, cardholders can significantly enhance their cash back earnings.
Strategic Spending Tips
To maximize rewards, cardholders should focus on using the Citi Double Cash® Card for all eligible purchases. This includes daily expenses, large purchases, and even online transactions. By doing so, cardholders can earn a consistent 2% cash back on all purchases, making it an ideal card for everyday spending.
Key spending tips:
- Use the card for all daily expenses.
- Pay bills with the card when possible.
- Avoid using other cards for cash back purchases.
Combining with Other Citi Cards
Combining the Citi Double Cash® Card with other Citi cards can further enhance rewards earnings. Two effective strategies involve pairing it with the Citi Custom Cash or Citi Premier cards.
Citi Custom Cash Integration
Using the Citi Double Cash® Card alongside the Citi Custom Cash card allows cardholders to earn cash back in different categories. The Citi Custom Cash card offers 5% cash back on up to $500 in combined purchases in a cardholder’s top spending category each month.
Citi Premier Pairing Strategy
The Citi Premier card offers 3X points on travel, including gas stations, and on dining. When paired with the Citi Double Cash® Card, cardholders can earn both cash back and travel points, providing a flexible rewards strategy.
Converting Cash Back to ThankYou Points
Cardholders have the option to convert their cash back rewards into ThankYou Points, which can be redeemed for travel, gift cards, or other rewards. Understanding the conversion rates and transfer partners is crucial to maximizing the value of these points.
Conversion Rates and Value
The conversion rate from cash back to ThankYou Points varies. Generally, $1 in cash back converts to 1 ThankYou Point, but the value can differ based on redemption options.
Transfer Partners and Redemption Options
Citi ThankYou Points can be transferred to various airline and hotel loyalty programs, including American Airlines, British Airways, and Marriott Bonvoy. This allows cardholders to redeem points for travel bookings, providing significant value.
| Transfer Partner | Transfer Ratio | Redemption Value |
|---|---|---|
| American Airlines | 1:1 | High |
| British Airways | 1:1.25 | Very High |
| Marriott Bonvoy | 1:1 | High |
By strategically using the Citi Double Cash® Card and combining it with other Citi cards, cardholders can maximize their rewards earnings and enjoy greater flexibility in redeeming their points.
Who Should (and Shouldn’t) Get This Card
For individuals who value simplicity in their rewards program, the Citi Double Cash® Card stands out. Its straightforward cash back structure makes it an attractive option for those who want to earn rewards without complicated terms.
Ideal Candidates for the Citi Double Cash® Card
The Citi Double Cash® Card is particularly suited for certain types of users. Everyday spenders and those who prefer a simple rewards structure are among the ideal candidates.
Everyday Spenders
If you use your credit card for daily purchases, the Citi Double Cash® Card offers a compelling rewards rate. You can earn cash back on all your purchases, making it a great choice for those who spend regularly.
Simplicity Seekers
The card’s simple 1% + 1% cash back structure is easy to understand and maximizes your rewards without the complexity of category-based rewards or rotating categories.
When a Different Card Might Be Better
While the Citi Double Cash® Card is great for many, it’s not the best fit for everyone. Certain users may find that other cards better suit their needs.
Frequent Travelers
If you travel frequently, you might prefer a card that offers travel-related rewards or benefits, such as airport lounge access or travel insurance. In this case, a travel-focused card might be more beneficial.
Big Category Spenders
For those who spend heavily in specific categories (like dining or groceries), a card that offers higher rewards rates in those categories might be more lucrative.
| Card Type | Ideal User | Key Benefits |
|---|---|---|
| Citi Double Cash® Card | Everyday Spenders, Simplicity Seekers | Simple 1% + 1% Cash Back, No Category Restrictions |
| Travel Rewards Card | Frequent Travelers | Travel Insurance, Airport Lounge Access, Points Transferable to Airlines |
| Category-Based Rewards Card | Big Category Spenders | Higher Rewards Rates in Specific Categories, Bonus Categories |
Real User Experiences and Reviews
User feedback on the Citi Double Cash® Card highlights its strengths and weaknesses, helping potential applicants make informed decisions. By examining real user experiences and reviews, we can gain a comprehensive understanding of the card’s performance in everyday use.
What Cardholders Love
Many cardholders appreciate the simplicity and effectiveness of the Citi Double Cash® Card’s rewards program. The card offers unlimited 2% cash back on all purchases, with no category restrictions or quarterly activations required. Users also praise the card’s straightforward redemption process, allowing them to easily convert their cash back into statement credits, bank deposits, or gift cards.
- High cash back rate on all purchases
- No rotating categories or spending limits
- Simple redemption options
Common Complaints and Concerns
Some users have reported concerns regarding the card’s APR and interest rates, particularly for those who carry a balance. Others have mentioned that the card’s foreign transaction fees can be a drawback for international travelers. Additionally, a few cardholders have expressed disappointment with the card’s limited purchase protection and extended warranty benefits.
- High APR for carried balances
- Foreign transaction fees apply
- Limited purchase protection and warranty benefits
Expert Opinions and Ratings
Expert reviewers have generally praised the Citi Double Cash® Card for its rewards program and simplicity. According to reviews, the card is ideal for those seeking a straightforward cash back card with no category restrictions. However, some experts note that the card may not be the best choice for those who want premium benefits or travel rewards.
Overall, the Citi Double Cash® Card is well-regarded by both users and experts for its simplicity and rewards structure. By weighing the pros and cons, potential applicants can determine if this card is the right fit for their financial needs.
Conclusion: Is the Citi Double Cash® Card Right for You?
The Citi Double Cash® Card is a highly rewarding credit card that offers 2% cash back on all purchases, making it an attractive option for those seeking simplicity and high rewards.
By considering the card’s features, benefits, and potential drawbacks, as well as comparing it to other cash back credit cards, cardholders can determine whether the Citi Double Cash Card is the right choice for their needs.
In making this decision, it’s essential to weigh the card’s straightforward 1% + 1% cash back structure, lack of category restrictions, and redemption flexibility against any associated fees and interest rates.
Ultimately, the Citi Double Cash Card is well-suited for individuals who value simplicity, have good credit, and make regular purchases, providing a valuable rewards program that can be maximized with strategic spending habits.
FAQ — Citi Double Cash® Card
What is the Citi Double Cash® Card’s cash back rate?
The Citi Double Cash® Card offers 2% total cash back on all purchases—you earn 1% when you buy and 1% when you pay your balance.
Is there an annual fee for the Citi Double Cash® Card?
No. The Citi Double Cash® Card charges no annual fee.
How do I redeem my cash back rewards?
You can redeem cash back through direct deposit, statement credits, checks, or gift cards. You can also convert rewards into ThankYou® Points for additional redemption options.
Are there any foreign transaction fees on the Citi Double Cash® Card?
Yes. The card charges a foreign transaction fee of 3% on purchases made abroad.
What is the APR for the Citi Double Cash® Card?
The APR varies based on your creditworthiness. Your exact rate will be listed in your card agreement or can be confirmed through Citibank.
Can I earn cash back on purchases made outside the United States?
Yes. You can earn cash back on international purchases; however, standard foreign transaction fees apply.
How do I apply for the Citi Double Cash® Card?
You can apply directly through Citibank’s official website.
What credit score is required to be approved?
Citi does not publish a specific requirement, but good to excellent credit improves your chances of approval.
Can I combine the Citi Double Cash® Card with other Citi cards?
Yes. You can pair it with cards like Citi Premier® or Citi Custom Cash® to maximize rewards and increase ThankYou® Points value.
How do I convert cash back to ThankYou® Points?
Cash back converts at a rate of 1 cent = 1 ThankYou® Point, redeemable for travel, gift cards, and more based on Citi’s program options.
Does the Citi Double Cash® Card offer a sign-up bonus?
The Citi Double Cash® Card does not currently offer a welcome bonus, but Citi may promote limited-time offers occasionally.
Is there a maximum limit on the cash back I can earn?
No. The Citi Double Cash® Card offers unlimited cash back, meaning there’s no cap on your 1% + 1% earnings.
What is the credit limit for the Citi Double Cash® Card?
Credit limits vary by applicant and are based on credit score, income, and credit history. Many users report mid to high starting limits, but individual results differ.
Does the Citi Double Cash® Card offer bonus categories?
No. This card is a flat-rate cash back card with no rotating or bonus categories—you earn 2% on everything you buy and pay.
Can I increase my credit limit on the Citi Double Cash® Card?
Yes. You can request a credit limit increase through your online account or by contacting Citi. Approval depends on payment history, credit use, and overall credit profile.
How do earnings work if I don’t pay the statement in full?
You earn the first 1% at the time of purchase.
You earn the second 1% only on the amount you actually pay—so carrying a balance delays cashback accrual but does not eliminate it.
