Great Card If
- You want a card with no annual fee
- You prefer a card with a basic earning structure, so you don’t have to memorize bonus categories
Don’t Get If
- You want a card that offers premium travel perks
- You want a card that does not charge foreign transaction fees
- You want a card that offers bonus categories for the things you spend the most on
Double Cash Card — Is It Worth It?
The Double Cash card is an excellent option for those who are looking for a no-annual-fee card that offers a simple but strong earning structure and flexible redemption options.
Since you earn an uncapped 2% back on all purchases, without an annual fee, the Citi Double Cash is easily one of the best credit cards for monthly bills and other non-bonused purchases.
Double Cash Card Top Benefits
Introductory APR
Since the typical user of this card is not spending heavily in any given category, they may want to use this card as a way to float some cash.
- 0% intro APR on balance transfers for 18 months. After that, the variable APR will be 19.24% - 29.24%
There is absolutely no hassle as long as you pay the minimum fee each month (go to the Citibank login right away and set up autopay), allowing you to accrue some quick cash if you need it.
If you’re using the intro APR, just be sure you’ve got a plan to have the cash available by the end of the introductory offer; the APR will be retroactive for anything not paid off by that time.
Other Benefits of the Double Cash Card
While this card is a fairly simple, no-frills card, there are a few more benefits worth mentioning.
First, there is no maximum to the double rewards that you can earn. Whether you spend $1,000 or $100,000 a year, you’ll still earn a total of 2% on all purchases.
Plus, your Citi ThankYou Points can be redeemed for cash-back, travel, gift cards, and more.
Double Cash cardholders can transfer their ThankYou Points to Choice Privileges at a 1:1.5 ratio and Wyndham Rewards and JetBlue TrueBlue at a 1:0.8 ratio. But, if you have a premium Citi ThankYou Rewards card like the Citi Premier® Card or Citi Prestige® Card, you can pool your points together between the cards and then transfer them to any of the full suite of Citi ThankYou transfer partners.
Best Ways To Earn and Redeem Your Citi Points
While you’ll rack up Citi ThankYou Points fast thanks to earning 2% on all purchases (which is earned as points), there are lots of other great options that help you earn more Citi ThankYou Points, as well.
When it comes time to redeem, the best option goes to those who also hold a premium ThankYou Rewards card like the Citi Premier card or the Citi Prestige card, as they can transfer the points earned from your Double Cash card and have access to the full list of Citi transfer partners.
This will unlock all of the best ways to redeem Citi ThankYou Points, which include using your points to book luxurious first and business class award tickets!
Alternative Card to the Double Cash Card
Chase Freedom Unlimited®
The Freedom Unlimited card is another compelling no annual fee card but earns 5% back on travel through the Chase travel portal, 3% back on dining and drugstore purchases, plus 1.5% cash-back on all other purchases instead of 2% offered with the Double Cash card. The Freedom Unlimited card can also earn Chase Ultimate Reward points when paired with a premium chase card like the Chase Sapphire Preferred® Card or the Chase Sapphire Reserve®.
Read more about how these 2 cards compare: Double Cash card vs. Freedom Unlimited card
We’ve compared the Double Cash card to other popular cards:
The information regarding the Capital One Venture Rewards Credit Card was independently collected by Upgraded Points and not provided nor reviewed by the issuer.
The information for the Citi Prestige® Card has been collected independently by Upgraded Points and not provided nor reviewed by the issuer.
The information regarding the Chase Freedom Unlimited® was independently collected by Upgraded Points and not provided nor reviewed by the issuer.
The information regarding the Chase Freedom Flex℠ was independently collected by Upgraded Points and not provided nor reviewed by the issuer.
Disclaimer: Any comments listed below are not from the bank advertiser, nor have they been reviewed or approved by them. No responsibility will be taken by the bank advertiser for these comments.
2 comments
Avinash Mahajan
March 14, 2018
I thought the Warranty is added by 2 Years. In fact, if you purchase an extended warranty from the shop then Citi’s warranty kicks off after extended warranty.
Connor
June 03, 2019
Absolutely Terrible. Good luck with the dispute process – this company has horrible customer service that talks to you like you’re a piece of trash. They do not defend the customer. The process for a dispute is easily a full-time job. I had a receipt from the merchant handwritten and an email showing exactly how much money they owed and they still failed the dispute and gave it to the merchant which is more than enough evidence than any average person would have.
Horrible company that forwards calls overseas to rude people in other countries. I will never use them again. American Express and Visa, here I come all over again. I will never deal with Citi again and if that’s MasterCard’s process I will never deal with them either. Not worth the hassle for the 2%… better off sticking with a 1.5% card and not having to deal with them.
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