Citi Double Cash Review Summary
Citi Double Cash Card has a $0 annual fee and offers two rounds of cash back rewards with every purchase: 1% cash back when you buy and another 1% when you repay Citibank.
How does Citi Double Cash work? This card pays you 2% cash back on all purchases, but that money comes in two parts: You get 1% cash back on every dollar you spend, then another 1% back on every dollar you pay back. The rewards structure gives you an incentive to pay off your charges as quickly as possible.
The Citi® Double Cash Card is one of the best flat-rate cash back credit cards on the market, primarily because of its high rewards rate — many flat-rate cards top out at 1.5%. And while new cardholders won't get a cash sign-up bonus, they can transfer a balance from another credit card.
Fidelity® Rewards Visa Signature® Card
It pays out a flat 2% back on every purchase, and has a $0 annual fee.
If you need a longer 0% intro APR period on balance transfers, the Citi Simplicity could be right for you. If you're more interested in earning cash back, the Double Cash is the way to go.
Winner: Chase Freedom Unlimited. While you can earn 0.5% more on all non-bonus categories with Citi than with Chase, the 3% rate on dining and drugstores could edge out Citi Double Cash for some cardholders.
You need a good credit score to get approved for the Citi Double Cash Card. That means applicants need a credit score of 700 or higher for good approval odds. Simply having a 700 credit score does not guarantee approval, however. ... Most people think of “good” credit scores as ranging from 660 to 719.
There is no limit to the amount of cash back you can earn with the Citi® Double Cash Card. Plus, the Citi® Double Cash Card has no restricting categories to keep track of and no annual fee.
NerdWallet's Best Cash Back Credit Cards of May 2021
You'll get at least a $5,000 credit limit with this card, and some people report a high limit of $100,000. This card requires good credit and the annual fee is $95.
What are your favorite features of the Citi® Double Cash Card – 18 month BT offer? As a MasterCard, it's accepted almost everywhere. ... Earning rewards is stress-free, since he gets the same cash-back rate everywhere — meaning no bonus tiers or rotating categories to remember.
The Freedom Unlimited offers much more in terms of rewards when compared to the Citi Double Cash. Before its 2020 rewards program update, the Chase Freedom Unlimited was a standard flat-rate cash back card like the Double Cash, but it strictly earned 1.5 percent on all purchases.
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