The Citi® Double Cash Card is a cash back credit card offered by Citibank that is well-known for its straightforward rewards structure. It allows cardholders to earn cash back on their purchases in two parts: first when they make the purchase and second when they pay for their purchases, provided they pay at least the minimum due on time.
Key features of the Citi® Double Cash Card typically include:
- Cash Back Rewards: The card offers 1% cash back on all purchases when they are made and an additional 1% cash back as those purchases are paid off, combining for a total of 2% cash back.
- No Annual Fee: There is usually no annual fee for the Citi® Double Cash Card, which is a significant benefit for a rewards card.
- Redemption Options: The cash back earned with this card can often be redeemed in various forms, such as statement credits, direct deposit to a bank account, or checks.
- Intro APR: Occasionally, the card may offer an introductory 0% APR on balance transfers for a specified period. However, this can be subject to change, so it’s important to verify the current offer.
- Balance Transfer Fee: There is typically a fee for balance transfers, which could be a percentage of the amount transferred or a fixed minimum fee.
- Regular APR: After the introductory period, the card usually has a variable APR for purchases and balance transfers, based on your creditworthiness and the prevailing rates.
- Foreign Transaction Fees: Transactions made in foreign currencies might incur additional fees.
- Credit Requirements: This card generally requires applicants to have good to excellent credit.
The Citi® Double Cash Card is often lauded for its simple cash back structure with no category restrictions and no caps on the amount of cash back that can be earned. It’s a good fit for people who are looking for easy-to-understand rewards without the need to track rotating bonus categories.
Phone Number – 1-800-950-5114
Mailing Address – P.O. Box 9001037, Louisville, KY 40290