Credit cards can be quite confusing sometimes as they offer a lot of perks and features but rarely do you get to enjoy them all. If you’re looking for a simple credit card that lets you earn cash-back rewards with a favorable interest-free period, look no further than the Citibank Double Cash Credit Card.
The Citi Double Cash Credit Card offers a simple and easy-to-earn cash-back rewards program. All you need to do is use the card for your purchases and you earn cash back. No hassle on your end to calculate how much you have earned and redeeming the rewards is also very convenient.
If you want to learn more about the Citibank Double Cash Card and how to apply for the card, check out the guide below.
Discover the Citi Double Cash Credit Card
The reason why it is called Citi Double Cash Credit Card is that it allows you to earn cash back rewards twice at the rate of 2%. You get to earn 1% cash back when you purchase an item using the credit card and another 1% cash back when you pay the item off.
This kind of earning structure allows cardholders to enjoy earning rewards while also maintaining their responsibility to pay at least the minimum due on time. There is also no cap on how much you can earn on the cashback so you can spend more to get even more cash-back rewards.
Apart from that, the card also features a 0% intro rate on balance transfers for the first 18 months upon approval.
The Citi Double Cash Credit Card also offers contactless payment as well as digital wallet payment options when you download the mobile banking app and link the card to your account.
Low Maintenance Card with Awesome Rewards
Now that you’re able to collect as many cash-back rewards as possible, it is time to learn how to redeem them. There are several ways for you to redeem your rewards by using the Citibank Double Cash Card.
You can head over to any of Citibank’s travel partners and transfer your points into discounts. Citibank has a wide variety of travel partners such as Singapore Airlines, Air France, Jet Blue, and many more.
Another great way to redeem your rewards is to turn them into statement credit, check, or direct deposit to your account. You can use it to pay off your debt. Remember that each point equals 1 cent.
Who is the Citi Double Cash For?
The Citi Double Cash Credit Card is specifically for those who want a no-annual-fee cash-back rewards credit card that provides satisfaction when it comes to earning rewards.
It is a great standalone card but can also be paired with many other rewards credit cards to help maximize your rewards.
If you’re looking to pay off your debt, this credit card stands as a good option with its highly-exceptional intro APR on balance transfers.
For cardholders who want a simple credit card that lets you earn rewards without any hassles, the Citibank Double Cash Credit Card is the right card for you.
Interest Rates and Other Fees
The Citi Double Cash Credit Card offers a lot of perks but it also has some of the most competitive and affordable interest rates and charges in the market. Not only does it have zero annual fees, but you can also have 0% intro APR on balance transfers for 18 months and the interest rate will revert to 18.99% to 28.99% based on your creditworthiness.
You also have an intro balance transfer fee of $5 or 3% of the total balance amount upon transfer whichever is greater on the first 4 months. It will then revert to 5% for each transfer or a minimum of $5.
There is also a foreign transaction fee of 3% of the total amount. Lastly, your credit limit will depend on your credit rating during your application.
Eligibility Criteria to Apply for the Citi Double Cash Card
Before you can apply for the card, you will need to know the card’s eligibility requirements. This will help make your application much faster and smoother.
To apply for the card, you must be 18 years old and must be a resident of the United States. You must have an excellent credit score of around 760 before you apply.
Applicants need to provide certain documents such as proof of identity which can be any government-issued ID or Social Security Number.
You also need proof of income such as your bank statement or salary slip and proof of address that allows the bank to know where you’re currently living.
Check Out How to Apply for the Citibank Double Cash Credit Card
To apply for the card, you can head over to the official Citibank website and click on Double Cash to open the main page of the card. Read through the details including the terms and conditions before you apply.
Once you’re done, click on Apply to begin your application. It will open another window with an online application form. Fill up the online application form with your details and review them before you submit the form.
It will take a few days before they reach out to you to let you know if you’re approved for the card or not. You can also visit any Citibank branch near you to apply for this card.
How the Citi Double Cash Compares
The Citi Double Cash Card is already a very strong competitor in the market especially with its flat-rate rewards and amazing benefits.
This credit card is the best answer if you’re looking for easy-to-earn rewards but coming in at a close second place is the Alliant Cashback Visa Signature card where you can earn a 1.5% cash back reward which is still quite good but not as good as the Citi Double Cash Card.
When compared to the Wells Fargo Active Cash Card, the Citibank credit card is still levels above its competition as it offers a longer interest-free period.
Contact Details
If you have further inquiries regarding the Citibank Double Cash Credit Card, you can call their customer service hotline at 1-800-950-5114. A bank representative will be able to assist you with any inquiry or assistance that you need regarding your application.
You may also send them mail at Citibank Customer Service, P.O. Box 6500, Sioux Falls, SD 57117. Feel free to drop by their main corporate office at 388 Greenwich St, New York, NY 10013, United States.
Conclusion
The Citibank Double Cash Card is an excellent option for those who are looking for a simple cash-back rewards credit card. If you’re thinking about spending on important things while also earning rewards at the same time, think about the Citibank Double Cash Card from now on.
Note: There are risks involved when applying for and using a credit card. Please see the bank’s Terms and Conditions page for more information