Citigroup Double Cash Card: A Comprehensive Review and Guide

The Citigroup Double Cash Card is a popular rewards card that offers a unique cashback benefit. It's a great option for those who want to earn cash back on all their purchases without any rotating categories or spending limits.

The card has a simple and straightforward rewards program, with 2% cash back on all purchases. This means you'll earn 1% cash back when you make a purchase and another 1% when you pay your bill.

To be eligible for the card, you'll need to have a good credit score, typically 700 or higher. This is because the card has a higher credit limit and requires a more extensive credit history.

The application process is relatively quick and easy, taking just a few minutes to complete online or over the phone.

The Citi Double Cash card offers a lengthy 0% APR introductory period for balance transfers, lasting 18 months. This can be a game-changer for those looking to consolidate debt.

The balance transfer fee is a 3% introductory fee, with a $5 minimum and 5% for transfers made after the first four months. This is lower than some balance transfer cards that typically charge a 5% fee.

You can potentially save hundreds by transferring your balance to the Citi Double Cash card. For example, transferring $2,000 in credit card debt could save you $331 in interest over 18 months.

To put this into perspective, consider the following:

The Citi Double Cash card's balance transfer offer can be a cost-effective way to pay off debt, especially when compared to other balance transfer cards.

The Citi Double Cash Card has a balance transfer fee that ranges from 3% to 5% of the transferred amount, which can reduce the immediate savings for individuals looking to consolidate debt.

You'll also be charged a foreign transaction fee of 3%, which can be costly if you travel frequently. Avoiding this fee is crucial if you want to minimize your expenses.

The card has a variable APR, which can fluctuate based on market conditions, and can increase the overall cost of using the card over time. This is something to keep in mind if you plan on carrying a balance.

The introductory 0% APR on balance transfers lasts for 18 months, which is a lengthy intro APR for a cash back card. However, the APR after that is 18.49% - 28.49% (Variable).

The balance transfer fee is 3% intro fee ($5 min) for each transfer in the first 4 months, after that 5% ($5 min) for each transfer. This fee is something to consider when deciding whether to transfer your balance.

To avoid many of the other fees, such as the late payment fee, it's essential to pay your balance in full each month. This will also help you avoid the high penalty APR, which can be much harsher than some rival cards.

The Citi Double Cash Card's rewards depend on you paying your balance on time, so missing a payment could void your intro APR offer and trigger the penalty APR.

The Citi Double Cash Card offers a rewards program that's hard to beat. You'll earn 2% on every purchase with unlimited 1% cash back when you buy, plus an additional 1% as you pay for those purchases.

To earn cash back, simply pay at least the minimum due on time. This earn-as-you-pay structure can incentivize you to pay on time to avoid interest charges and the slippery slope into debt. You'll receive 1 ThankYou point per $1 earned, and there are no limits to the rewards you can earn.

You can redeem your ThankYou points for a variety of options, including statement credits, direct deposits, or gift cards. The easiest way to redeem rewards is to use the direct deposit option, which will grant immediate access to your cash rewards rather than lowering the statement balance on your credit card account.

Here are some ways to redeem your ThankYou points:

Keep in mind that redeeming for statement credits will not contribute to your monthly required payment if you carry a balance from month to month.

The Citi Double Cash Card has several pros that make it a great option for many people. It offers 2% cash back on all purchases.

One of the biggest advantages of this card is that it has no annual fee, which means you can use it without worrying about extra costs. This makes it a great choice for those who want to earn rewards without paying a fee.

The card also offers a $200 initial rewards bonus, which can be a nice boost to your rewards earnings. Plus, it has a low intro APR on balance transfers, making it a good option for those who need to pay off debt.

However, there is a 3% foreign transaction fee, which may be a drawback for those who travel frequently. This fee can add up quickly, so it's something to consider before choosing this card.

Overall, the Citi Double Cash Card is a solid choice for those who want a flat-rate rewards card with no annual fee.

To apply for the Citi Double Cash card, you'll generally need a good to excellent credit score. This means your credit score should be in the 580-850 range for FICO scores.

A good credit score will increase your chances of approval, so make sure to check your credit report before applying.

Citi's customer service is a mixed bag, with some customers having positive experiences while others report challenges in resolving issues or accessing timely assistance.

If you're concerned about customer service, research existing cardholders' experiences to get a better idea of what to expect.

You can reach Citi's credit card customer service by calling 1-(800)-950-5114 in the US.

Citi offers 24/7 access to customer support, which is a nice perk for cardholders who need assistance at any time.

Investigating customer reviews can provide valuable insights if prompt and effective customer support is crucial to you.

The Citi Double Cash Card has a WalletHub Rating of 4.9, which is based on its ability to improve credit by paying in full each month. It also has a 5.0 Editor's Rating, indicating that it's a top-rated card.

One of the key features of the Citi Double Cash Card is its rewards rate, which is 2% cash back on all purchases. This is a flat rate that's higher than some other cash back cards, but it's worth noting that there may be other cards that offer higher flat rates with more effort required.

If you're looking for a card to pair with the Citi Double Cash Card, consider the Citi Premier Card. It offers higher rewards on travel, dining, and entertainment purchases, which complement the Citi Double Cash Card's everyday spending perks.

Here are some comparable flat-rate cash back cards worth considering:

If you're looking to consolidate debt, the introductory 0% APR on balance transfers can be beneficial. However, factor in the balance transfer fee and ensure it aligns with your debt repayment strategy.

You can potentially save hundreds by transferring your balance to a card with a low introductory fee, like the Citi Double Cash Card, which charges a 3% intro fee ($5 min) for each transfer in the first 4 months.

For example, if you had $2,000 in credit card debt, you could pay just over $114 a month for 18 months with a $60 balance transfer fee, all without accruing any new interest.

If you're considering the Citi Double Cash Card, you might want to take a look at its competitors. The Citi Rewards+ Card has a WalletHub rating of 4.1, which is lower than the Citi Double Cash's 4.9 rating.

The Wells Fargo Active Cash Card has a WalletHub rating of 4.4, making it a solid alternative to the Citi Double Cash. It also offers a 0% intro APR on qualifying balance transfers for 12 months from account opening.

The Citi Rewards+ Card has a rewards rate of 1-2 points/$1, while the Wells Fargo Active Cash Card offers 2% cash rewards on purchases. The Citi Double Cash Card has a regular APR of 18.49% - 28.49% (V), while the Wells Fargo Active Cash Card has a regular APR of 19.24% - 29.24% Variable.

Here's a quick comparison of the three cards:

Ultimately, the best card for you will depend on your individual needs and financial situation.

The Citi Double Cash Card is a versatile card that can be paired with other cards to create a robust rewards system. Pairing it with the Citi Premier Card is a great idea, as it offers higher rewards on travel, dining, and entertainment purchases.

The Citi Double Cash Card is particularly effective when paired with a bonus category cash back card, such as the Citi Custom Cash Card, which earns 5 percent cash back in your top eligible spending category each billing cycle.

If you have a big purchase coming up, a low introductory APR on purchases may be helpful, making the Citi Double Cash Card a great pairing option with a card that offers this feature.

Some of the best cards to pair with the Citi Double Cash Card include the Citi Custom Cash Card, which earns 5 percent cash back in your top eligible spending category, and the Citi Strata Premier Card, which earns 3X points in everyday spending and travel categories.

Here are some of the top pairing options for the Citi Double Cash Card:

These combinations can help you rake in a ton of rewards and create a low-cost card stack that's remarkably rewarding.

The Citi Double Cash Card is a solid choice for those looking for a no-annual-fee credit card that offers a flat rate of cash back rewards.

The card's rewards rate is 2% cash back, which is earned on both purchases and payments. This is a great option for those who want to maximize their rewards without having to keep track of rotating categories or spending limits.

A good credit score is required for approval, and the card is best suited for those with fair or excellent credit. If your credit score is lower, you might want to explore other options.

The card's benefits include a $200 sign-up bonus, a $0 annual fee, and the ability to earn 2% cash back on all purchases. However, it's worth noting that the card carries a balance transfer fee and a foreign transaction fee.

Here are some key takeaways to consider:

Overall, the Citi Double Cash Card is a great option for those who want a simple and lucrative rewards card without an annual fee.

Evaluating your credit score is a crucial step in determining whether you qualify for the Citi Double Cash card. The card generally requires a good to excellent credit score for approval.

If your credit score falls within this range, you're more likely to qualify. If your score is lower, you might explore other options.

The Citi Double Cash is recommended for consumers with fair to excellent credit, with a FICO score range of at least 580-850.

To give you a better idea, here are the credit score requirements in more detail:

This means that if you have a credit score above 580, you're in the running for approval. But if your score is below 580, you might want to consider other options.

The Citi Double Cash card is a top cash back credit card option. It earns cardholders 1 percent back as they buy and another 1 percent when they pay for their purchases.

The card is great for those looking to earn a flat rate of cash back rewards or pay off debt. It's also a good choice to pair with another card that earns rewards in multiple bonus categories.

The Citi Double Cash card has a lot going for it, especially its simplicity. It has come in handy for big but easy-to-forget expenses like insurance bills or car repairs.

Here are the key takeaways:

The card's 2% cash back rate is hard to beat at this price point. It's also worth noting that the card doesn't have an annual fee, which is a major plus.