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Citi Double Cash® Card Review


The Citi Double Cash® Card can be a great card for everyday purchases, thanks to its straightforward cash back program and $0 annual fee. You can earn $200 cash back after you spend $1,500 on purchases in the first 6 months of account opening. This bonus offer will be fulfilled as 20,000 ThankYou® Points, which can be redeemed for $200 cash back.

The Citi Double Cash® Card has a introductory annual percentage rate of 0% for 18 months on balance transfers. After that, the APR becomes 19.24% to 29.24% (variable) based on your creditworthiness. For balance transfers, there is an intro fee 3% of each transfer ($5 min) completed within the first 4 months of account opening. After that, 5% of each transfer ($5 min). (See Rates & Fees)

The card earns 2% cash back: 1% when you buy plus 1% as you pay. For a limited time, cardholders can also earn 5% cash back on hotel and car rentals booked on the Citi Travel℠ portal.

  • Issuer NameCiti
  • Credit NeededExcellent, Good, Fair
  • Annual Fee$0
  • APR19.24% – 29.24% (Variable)
  • Penalty APRUp to 29.99% (Variable)
  • Balance Transfer FeeIntro fee 3% of each transfer ($5 min) completed within the first 4 months of account opening. After that, 5% of each transfer ($5 min).
  • Cash Advance Fee5% of each cash advance; $10 minimum
  • Foreign Transaction Fee3%

  • Want to avoid paying an annual fee.
  • Need an introductory 0% APR promotion on balance transfers.
  • Don’t want to worry about tracking rewards categories.

Using the Citi Double Cash® Card is simple, as you’ll earn 2% cash back on all purchases– 1% when you buy plus 1% as you pay. That, along with the high purchase APR with no lower introductory period, means you should make every effort not to carry a balance with this card.

The foreign transaction fee is 3% of the U.S. dollar amount for each purchase you make, so if you’re looking to spend abroad, this card may not be the best choice.

Editor’s Take

The straightforward rewards structure of the Citi Double Cash® Card is what makes it so appealing. There’s no need to enroll in a particular category or track quarterly bonus categories to maximize your rewards.

That said, it would be ideal to pair the Citi Double Cash® Card with a card that earns more than 2% cash back in a category or categories you most frequently spend in.

With the Discover it® Cash Back, for example, cardholders can earn 5% cash back on everyday purchases at different places you shop each quarter like grocery stores, restaurants, gas stations, and more, up to the quarterly maximum when you activate. Plus, earn unlimited 1% cash back on all other purchases-automatically. Another benefit is Discover will match all the cash back you’ve earned at the end of your first year. Consider pairing your Citi Double Cash® Card with a card like this to maximize the cash back you earn.

With the Citi Double Cash® Card, cardholders can earn $200 cash back after you spend $1,500 on purchases in the first 6 months of account opening. This bonus offer will be fulfilled as 20,000 ThankYou® Points, which can be redeemed for $200 cash back.

The 2% cash back – 1% when you buy plus 1% as you pay – makes the Citi Double Cash® Card rewards structure great for consumers who don’t like having to track earnings categories. With a $0 annual fee, the card lets you keep all the cash back you earn, provided you don’t carry a balance and incur interest charges. If you don’t make at least the minimum payment on time, you won’t earn any rewards on purchases during that billing cycle. (See Rates & Fees)

Earn $200 cash back after you spend $1,500 on purchases in the first 6 months of account opening. This bonus offer will be fulfilled as 20,000 ThankYou® Points, which can be redeemed for $200 cash back.

You also stop earning cash back after your account is closed. If you are a bit lax in paying off your credit cards, this may not be a good rewards structure for you.

U.S. News rates credit cards by analyzing factors including fees, interest rates and benefits, each weighed against their importance to determine an overall score for each credit card. Consumers can rely on these ratings to provide objective, accurate assessments of credit card choices.

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