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If it’s easy cash back you’re after, you may have already come across the Citi Double Cash card, a straightforward offering that earns up to 2% cash back with no annual fee. There’s little to dislike about the popular card, but this review will consider both the benefits and drawbacks of the Citi Double Cash card so that you can choose the best card for your spending habits.
- 1% cash back on all purchases and an additional 1% when you pay off those purchases, as long as you pay the minimum due on each statement
- No annual fee
- No limits on how much cash back you can earn and no rotating categories to keep track of or enroll in
- 0% Intro APR on balance transfers for 18 months; after that the variable APR will be 14.74% – 24.74%* (variable) based on your creditworthiness*
- First late payment fee waived
At a glance
Citi® Double Cash Card – 18 month BT offer
on Citibank's website
- Earn cash back twice on every purchase with unlimited 1% cash back when you buy, plus an additional 1% as you pay for those purchases.
- Balance Transfers do not earn cash back
- 0% Intro APR on Balance Transfers for 18 months. After that, the variable APR will be 14.74% - 24.74% based on your creditworthiness*
- Click 'Apply Now' to see the applicable balance transfer fee and how making a balance transfer impacts interest on purchases.
- No categories to track, no caps on cash back, no annual fee*
2% Cash Back
Citi Double Cash Card deep dive
The Citi Double Cash allows cardholders to do just what the name suggests—to earn double the cash back on purchases. Earning and redeeming cash back is simple and straightforward, so you can spend and earn without having to think about whether you’re taking advantage of the right rewards categories.
Reward optimizers, however, won’t have the chance to earn bonus cash back, so may want to consider other options. Read on for our take on the benefits and drawbacks of the Citi Double Cash card.
Get it if you’re looking for a no annual fee, high rewards rate, easy-to-use cash back credit card
It’s hard to go wrong with a credit card that earns a good cash back rate on every purchase, without you having to think about it—particularly if you’re not a fan of the extra legwork it takes to coordinate your spending based on rotating rewards or specific higher-rate categories.
In addition, 0% APR for 18 months on balance transfers can be a great way to get a break from high-interest debt on another card, allowing you more than a year to get your financial feet back under you.
Some of the benefits of the Citi Double Cash Card include:
- 2% cash back: Earn 1% cash back on every purchase (not including balance transfers, cash advances, account fees, interest, or returned items), and an additional 1% cash back when you pay your credit card bill, as long as you pay the minimum due. A flat rate of 2% cash back across the board is a great deal; Most no annual fee cash back cards offer 1% on the majority of purchases, and bonus cash back only in specific categories
- No limits or categories: With the Citi Double Cash, you can earn unlimited cash back, without having to worry about rotating categories or limits for certain cash back offers
- No annual fee: Earn cash back rewards with the Citi Double Cash Card without having to pay an annual fee
- Transfer a balance interest-free: Enjoy 0% APR for 18 months for balance transfers, after which your APR will increase to between 14.74% and 24.74%* (variable) based on creditworthiness*
- No late fee (your first time): Citi waives your first late payment fee. After that, it’ll cost you up to $35
- Easy redemption options: Redeem your cash back for checks, statement credits, or gift cards, once you accrue at least $25 in rewards. It’s worth noting that any redemptions for statement credits will mean you won’t actually earn cash back on those purchases, since you won’t technically pay them off—they’ll effectively be removed from your statement
Skip it if you’re still working on building your credit score or prefer to land higher rewards rates
While 2% cash back is a great deal for a no annual fee card, some spenders may be able to maximize their rewards with a card that offers rotating bonus categories or higher rewards rates with an annual fee.
Consider these drawbacks of the Citi Double Cash Card:
- Not for traveling abroad: Any international purchases on the Citi Double Cash card will incur a 3% transaction fee, which can add up quickly. If you’ll be traveling abroad, it’s a good idea to have a different card that does not charge international transaction fees
- You have to use it: While rewards on other cards tend to expire when they haven’t been redeemed, your rewards balance on the Citi Double Cash will expire if you haven’t earned any cash back for purchases or payments for 12 months. That means you can accrue cash back for as long as you like, and your balance won’t expire—as long as you’re still using the card to make purchases
- No opportunity to elevate your rewards earning: If you enjoy having multiple credit cards to maximize your rewards earning in each spending category, or perhaps the thrill of larger cash back rewards for purchases in a rotating rewards category, the Citi Double Cash may leave you wanting, as it offers a single cash back rate on every purchase, all the time
- No sign-up bonus: While you can take advantage of 0% APR for balance transfers for 18 months, there is no cash signing bonus for the Citi Double Cash. Given it has no annual fee, this isn’t necessarily cause for concern, but don’t expect a welcome bonus if you’re approved
Those looking to earn easy, unlimited cash back on every purchase may find the Citi Double Cash card to be the perfect fit. But it doesn’t come without limitations, so if you’re looking for a card to take on trips or to earn bonus rewards with, consider other options.
Get the most cash back for your spending
There’s no doubt that the Citi Double Cash is a great cash back card, but it’s always worth comparing your front-runners to the many similar cards out there. The Credible credit card comparison tool makes this easy, aggregating data on hundreds of cards to surface the best recommendations for your spending habits.