If you’re in the market for a top-notch cash-back credit card, then there’s no better choice than Citi® Double Cash Card. This card is designed to give you the best return on every purchase and is perfect for anyone who wants more money in their pocket! Read on to learn about this card’s benefits and how it can help you get ahead financially.
It is a credit card where the user will receive cashback, specifically for purchases that they make on their Citi® Double Cash Card. Users will receive one percent cash back on every dollar that they spend. It is also two times more when the cardholder pays their balance in full each month since users will get an additional one percent cash-back.
The Citi® Double Cash Card charges no annual fee to use it, and there are no rewards programs necessary since this credit card has its benefits already built into the system of using it. However, other fees may apply if cardholders use services such as cash advances.
Users can choose to redeem their points or miles once they have accumulated them through purchases with different merchants, companies, department stores, or any place where the user has used their Citi® Double Cash Card at least once before being able to earn money back from having done so.
Why do people love it so much?
What makes the Citi® Double Cash Card so popular is that it does not have an annual fee attached to using it. The card will also provide users with money back on purchases they make since this credit card has its benefits built into how it works. This means that no rewards program is necessary for people looking to get cash back on their everyday spending habits.
The Citi® Double Cash Card also helps users build up their credit scores by having a record of accountability when they use it to make purchases and do transactions with it on an ongoing basis. This means that people can benefit from using it because there are no transaction fees associated with making payments towards balances, which help them pay off all debt at least two times faster than other options might allow them to do so.
The way the Citi® Double Cash Card works is because users will receive one percent of all transactions back into their accounts, and then another percentage of these duplicate purchases made with it on an ongoing basis comes right back in double cash form as well. This means that borrowers can benefit from using a credit card like this because there is no annual fee attached to having and using it for whatever expenses and costs might come up over time instead.
People who are spending money in general through doing everyday things such as groceries shopping down at the local grocery store, gas station fill-ups every week, going out to eat once per month, online ordering items via Amazon Prime Now, Netflix gave back instead of two percent of these duplicate transactions that they make regularly.
It takes no time at all for people to start getting double cash rewards back into their accounts, and it lets spenders earn this money regardless if they are making small or large purchases with the Citi® Double Cash Card as well.
How does it work?
With the Citi® Double Cash Card, you earn cash back twice. Once when you make a purchase and then again when that purchase is paid off. This card gives users up to 25 months for interest-free balance transfers with no transfer fee! In addition, there are zero percent intro APR on purchases & balance transfers for 18 months!
You can redeem your cash back for a paper check, statement credit, or a deposit into a linked Citi checking or savings account or to a checking account you’ve used at least twice to pay a Citi credit card bill. At least the minimum payment amount is $25 to ear. Introductory balance transfer offer If you have a high-interest balance on another credit card, you can transfer it to this card and pay no interest on it for 18 months.
This is a great deal if you can avoid the balance transfer fee, usually around five percent or $25 per every $1000 transferred. You get 0% APR on purchases & balance transfers for 15 months with Citi® Double Cash Card! After the intro period ends, 15.24% to 25.24% APR applies.
What are its benefits?
- It has an excellent offer period on account opening. It doesn’t charge any annual fee. No late payment fees and no penalty rate will ever apply to this cardholder. There is an introductory 0% APR for 15 months on both purchases and balance transfers which can be used if needed during the first year of owning the credit card account.
- Rewards are very lucrative as well, including cashback bonus offers worth $100 after spending $500 in your initial three months with Citi® Double Cash Card – 18 month BT offer!
- The regular APR range from 14.74%-24.74% variable based upon creditworthiness at the time of approval or change (the same applies to cash advance APRs).
- Annual percentage rates applicable to Balance Transfers may vary based upon the balance transfer amount and due date. There is no foreign transaction fee made in USD or any other currency, making it great to use while traveling abroad.
The drawbacks of using this card?
Rewards points are limited to a maximum of $25,000 per calendar year. Unfortunately, there is no introductory 0% APR for balance transfer which means you won’t be able to use it during your first year with the card if that’s what you need at the moment.
The regular APR after the first year is very high compared to other credit cards. However, the rewards program can be pretty disappointing, depending on your spending habits. It makes more sense for someone who spends a lot of money every month using this card during their travel abroad experiences.
Who should use this card and who shouldn’t use it?
This card is suitable for people who are low on cash or have a bad credit score. It’s also great for individuals who want to make money by lending it out to other borrowers. If you’re looking into getting an unsecured loan, then this might be something that will help your situation. There aren’t many benefits to using this card over another debit card, but there are some decent rewards if you use it correctly and pay off all your purchases in full every month.
In conclusion
The Citi® Double Cash Card is an excellent choice if you’re looking for an unsecured loan and need some extra help with your credit score. It’s great for travel and has a very lucrative rewards system. If you use it right and pay off all of your purchases in full every month, there are some decent rewards.
