The Citi Double Cash has no restrictive categories and no limits on the amount of cash back that you earn. Cards that offer unlimited cash back usually don’t come around often so I strongly suggest to apply ASAP. Hustlermoneyblog has partnered with CardRatings for our coverage of credit card products. Hustlermoneyblog and CardRatings may receive a commission from card issuers. This post may contain references to products from our partners. We may receive compensation if you apply through our links.

Nowadays, credit cards offer rewards in every imaginable category. From dining and travel multipliers to fast-food and streaming services, if you have the right card, you can earn points, miles, or cashback in almost every purchase. However, you may not want to go through your wallet and think about which card yields the most net profit every time you shop. If that is you or if you want a simple catch-all card that earns transferrable currency, the Citi Double Cash Card may deserve a spot in your wallet. Given the flexibility of the rewards program, I recommend using this cash rewards credit card to fill a gap in your spending strategy. In order to determine the best possible credit cards, we look at things like fees, interest rates and rewards.

Pairing The Citi Double Cash Card With Other Credit Cards

It is easy to earn cash back without worrying about specific categories or opting into anything quarterly to earn a specific rate. Each one gives unlimited 2% cash back with no category limits, placing them among the very best cash back rewards cards. Citi offers a very competitive Citi Double Cash Credit Card Review 18-month 0% APR period on balance transfers if you make the transfer within the first 120 days of owning the card. Clark says this the top card for people who are looking to invest their credit card rewards. Are you shopping for the best cash back credit card on the market?

  • The Citi Double Cash has no annual fee, which you can’t beat.
  • Citi Double Cash Card earns the highest marks as the best flat-rate card for higher spenders.
  • Cash-back credit cards offer cardholders rewards on their spending in the form of statement credits or cash.
  • For example, the Capital One Quicksilver Cash Rewards Credit Card, which also targets general spenders, provides an intro 0% APR period of 18-month for both balance transfers and purchases.
  • The card doesn’t offer a sign-up bonus, a common perk often used to attract customers to a new card.
  • Learn more about how we review products and read our advertiser disclosure for how we make money.

The no annual fee card can earn you the equivalent of two cents or two transferrable points for every dollar you spend . This is something I’d recommend avoiding if at all possible, but understandably a lot of people are having liquidity issues at the moment. After that, your APR will be 13.99% to 23.99%, based on your creditworthiness. Keep in mind that there is a balance transfer fee of either $5 or 3% of the amount of each transfer, whichever is greater. This is an ideal card for shoppers who spend pretty evenly across all categories since you earn a flat rate no matter where you shop. If you spend heavily in one area—for example, groceries, gas, or dining out—you could probably do better with a category-specific card that gives you 3%, 5%, or 6% cash back for that spending.

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It isn’t technically a travel card; a travel-focused card should come with no foreign transaction fee and extra travel perks. But you could still stand to benefit nicely from earning 2% cash back whenever you book domestic flights or pay for things like baggage fees. Plus, cash-back can be converted to ThankYou Points, which you can use to book airfare, hotel stays, or rental cars.

What credit card is better than Citi double cash?

TD Bank recently launched a new cash-back card, the TD Double Up℠ Credit Card, that is a direct competitor to the Citi® Double Cash Card. Both cards have no annual fee and can earn you up to 2% cash back on all eligible purchases. Plus, there are intro 0% APR periods that can help you get out of debt.

We do this with companies that are associated with us as partners as well as other offerings. From there, we make a decision about what the best card is related to different categories and needs. Nevertheless, all of these protections are cancelled effective 22 September 2019 per Citibank. The extra 1/2% that the Citi Double Cash card offers is not worth this level of angst given a plethora of strong 1.5% no annual fee cash back cards currently on the market.

Earn 2% Cash Back With The Citi® Double Cash Card

Personalized credit card partner offers are not available in Maine, Massachusetts, Nevada, New Hampshire, North Dakota, Oregon, Rhode Island, and Vermont. Offer pros and cons are determined by our editorial team, based on independent research. The banks, lenders, and credit card companies are not responsible for any content posted on this site and do not endorse or guarantee any reviews. Whenever possible, it is best to pay your balance in full every month. You’ll avoid interest charges, for one, and you’ll also maintain a low credit utilization ratio. This percentage is calculated by dividing your monthly balance by your total credit line, and experts recommend keeping it at or below 30%.

The first column shows how much you have earned from spending. And the second column shows how much you have earned from paying your bills. Citi Double Cash offers you 1% cash back at the time of purchase, and another 1% back when you pay for your purchases, for a total of up to 2% cash back with no limits. It also features 18 months of 0% APR financing on both new purchases and balance transfers, with a 3% balance transfer fee. Credit Cards Explained receives compensation from many of the credit cards listed on our site. This compensation may impact how and where products appear on this site .

Bank Of America Customized Cash Rewards Credit Card

Before you advertise this as a benefit you should warn readers about the balance transfer fees. There are many cards that offer Dogecoin Price Jumps both No balance transfer fee and limited time 0% APR. The flexibility this card offers in this environment is unrivaled.

Compared to other cash back credit cards, you’ll get more than the unlimited 1.5% offered by the popular Capital One Quicksilver Cash Rewards credit card and Chase Freedom Unlimited. However, the Stock Buy Sell To Maximize Profit Citi Double Cash doesn’t match up to them as far as the sign-on bonus goes. Spend $500 within the first three months of signing up for the Capital One Quicksilver, and you’ll get a $150 bonus.

Redeeming Citi® Double Cash Card Rewards

Points converted from cash back can also be transferred to JetBlue’s TrueBlue loyalty program. But note, won’t earn cash back on credit card fees, interest, cash advances, money orders, and balance transfers. And your cash back expires if there is no activity on your card for 12 months. You’d be remiss to pass on this card just because it doesn’t offer a welcome bonus, tough, especially if you’re looking for a card with simple earnings and redemption structures. This card will earn more on everyday, non-bonused spending than most other cash-back cards out there. And you won’t have to deal with or even think about any bonus categories — you’ll know that you’ll earn 2% back on all purchases.

We may also receive payment if you click on certain links posted on our site. This solid 1.5% cashback card gets even better with the addition of up to 5% back in categories like travel, drug stores and dining. Earn 2% cash back on all purchases Citi Double Cash Credit Card Review — 1% back when you make the purchase and 1% back when you pay your balance. Finder experts pick Citi® Double Cash Card as a 2021 best product for credit cards. The 2% cash back makes sense from your earn/burn, but the “perks” don’t exist.

Does having a piece of shiny plastic an arm’s length away often encourage you to spend money you don’t have? Credit cards offer great benefits, but they also present an opportunity for overspending. You may want to think twice before applying for more credit. Carrying a balance you can’t afford contributes to interest charges, and in the long run costs you more money—money that you could’ve used for that air fryer you’ve been eyeing.

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