Citi Double Cash Card Review: Simple Rewards and 2% Cashback on Everything

The Citi® Double Cash Card is one of the simplest and most rewarding cashback rewards cards. With up to 2% earnings on all purchases — 1% when you make your purchase and another 1% when you pay it off — it’s hard to beat this free annual card. Alternatively, you can convert your rewards into fully transferable Thank You points with another card. Card Rating*:

* Card ratings are based on the opinions of the editors of TPG and are not influenced by the card issuer.

The Citi Double Card is one of the best cashback card because it earns up to 2% cash back on all purchases — 1% when you make a purchase, plus 1% when you pay for that purchase — with no annual fees.

Cashbacks are automatically earned as Thank You points, allowing for more flexible use of your hard-earned rewards. Furthermore, if you also keep a Citi Premier® Card or Citi Prestige® Card (no longer available to new subscribers) you can convert your cashback into fully transferable Thank You points for even greater value.

Let’s take a closer look at Citi Double Cash.

tinformation about Citi Prestige has been independently collected by The Points Guy. The card details on this page have not been reviewed or provided by the card issuer.

However, the card is offering 0% referral annual percentage (APR) for the first 18 months from account opening for balance transfer. Note that you must transfer your balance within the first four months to be eligible for an initial APR of 0%, and you will be charged a balance transfer fee of 3% for each transfer (minimum $5). After that, your fee will be 5% for each transfer (minimum $5).

After the introductory APR period, the APR can vary by 18.49%-28.49% based on your creditworthiness.

Note that you will not earn a refund on balance transfers. If you transfer a balance, interest will be charged on your purchases unless you pay your balance in full (including balance transfers) by the due date of each month.

Related: The best 0% interest credit card

Your card account must be present to earn rewards. This means you must pay at least the minimum amount due on the first day of each billing period — although it’s always best to pay your statement in full, if possible. Additionally, your cash rewards balance will expire if you don’t earn a refund on purchases or refunds on checkout in 12 months. Note the bonus will not expire as long as the account is open.

Related: Best cashback credit card

Historically, the Citi Double Card earn cashback rewards only, with three options to get cash back once your cash rewards balance reaches at least $25; now, cardholders don’t need to reach that minimum amount to redeem.

Furthermore, the value of this card increased in March 2022 when Citi announced that they will automatically accumulate ThankYou points. That opens up several options, detailed below.

Exchange for cash

If you want the simplest redemption option, then this is the right one. Each ThankYou point is equivalent to one cash coin. You can claim this amount as a statement credit or direct deposit (no minimum). Alternatively, you can receive a check in the mail ($5 minimum).

Transfer to loyal partners

If you don’t have a Citi Premier or Citi Prestige card, you’ll only have the option to switch to three loyalty partners — Choice Privileges, JetBlue TrueBlue and Wyndham Rewards — none of which offer very high value.

However, if you also have Citi Premier or Citi Prestige, you can combine the Thank You points from your Citi Double Cash Card with the Thank You points from one of these cards. When you do this, you will be able to use your Thank You points as if you had earned ThankYou points from Citi Premier or Citi Prestige, including transferring your points to List of Citi . hotel and airline transfer partners.

Based TPG values ​​Citi ThankYou at 1.8 cents per point, this means you can earn 3.4% actual interest on buying and paying with your Citi Double Cash Card. This is the best way to get value from the points earned on this card.

Related: Redeem Citi ThankYou points for maximum value

Other redemption options

You can also redeem your ThankYou points for gift cards or use them to shop through Citi’s online shopping and travel portals.

Finally, if you would like to share your ThankYou points, you can do so by sharing them with another user of ThankYou points, or redeeming them for a charitable donation.

• Contactless payment with your contactless chip-enabled Citi card.
• Access to Citi Entertainmentprovides special access to purchase tickets to thousands of events.
• ID theft protection eliminates the fear of identity theft by monitoring and alerting cardholders if suspicious activity is detected.
• Visit Citi Identity Theft Solutions if your personal information has been stolen to commit fraud or theft.

Note that Citi Double Cash incurs foreign transaction fees when used abroad, so you’ll want to make sure you have an alternative card to swipe when traveling outside of the US.

Have some free every year credit card with cashback rewards cumulative with Citi Double Cash.

For additional options, check out ours Full list of the best cashback cards.

Read more: Credit Card Battle: Citi Double Cash vs Chase Freedom Unlimited

Is Citi Double Cash Worth It?

Citi Double Cash is a great choice if you’re looking for simple cashback rewards without worrying about spending categories. However, if you can pair it with another Citi cardyou will maximize its reward value.

If you are looking for a cashback credit card where you don’t have to worry about catalog bonuses and find the best credit card to use for every purchase, the Citi Double Cash Card could very well be the right card for you. Getting this card is also a great way to perfect your monetization strategy if you already have a Citi Premier Card, Citi Custom Cash Card℠ or Citi Rewards+® Thẻ Card ARRIVE maximize your Citi ThankYou points.

Apply here for Citi Double Card

Additional reporting by Emily Thompson, Ryan Wilcox, Chris Dong, Stella Shon and Benét J. Wilson.