Citi Double Cash Credit Card Review-Earn 2% cash back on all purchases.

By | September 1, 2021

The Citi Double Cash Credit Card is a well-renowned consumer credit card among the 2% Cashback Credit Cards. It offers you a total cashback of 2% (1% cashback after making the purchase and 1% cashback as you make the payment).

It is one of the best flat-rate cashback cards in the market, with a good Cashback Reward of 2%. The Citi Double Cash Card can be helpful in keeping your spending habits in check due to its earn as you pay reward structure.

The value that can be extracted by using the Citi Double Cash depends on how wisely use it. That implies if you are paying at least the minimum due on time every month, or ideally the entire amount at once. You can earn full potential cashback if you pay off what you owe, and incurring interest rate costs can be avoided through the rewards you are earning.

There isn’t a cap on the amount of cash back rewards you can earn using the Citi Double Cash, so feel free to spend, pay punctually, and earn all the potential cashback rewards.

What’s Ahead

  1. Key Highlights
  2. Pros & Cons of Citi Double Cash Credit Card
  3. Fees of Citi Double Cash Credit Card
  4. 6 Main- Benefits of Citi Double Cash Credit.
  5. Drawbacks of the Citi Double Cash Card
  6. Best competitor of Citi-Double Cash Credit Card
  7. Citi Double Cash Vs. Chase Freedom Unlimited
  8. Citi Double Cash Credit Card Vs. Discover it Cash back Credit Card
  9. How to Redeem Cashback Rewards?
  10. Is the Citi Double Cash Card hard to get?
  11. Verdict:- s Citi Double Cash Card worth it?
Citi Double Cash Credit Card
Image Credit : Citi Bank

Key Highlights

  • 2% unlimited cashback reward on all purchases.
  • 0% introductory APR applicable for the first 18 months of account opening.
  • No Annual Fees
  • Balance Transfer Fees.
  • No Spending Cap
  • Consistent Cashback Reward across all spending categories.

Pros & Cons of Citi Double Cash Credit Card: Brief Insights.


  • No Annual Fee
  • 2% unlimited Cashback Rewards
  • Introductory APR valid for the long period of 18 Months.


  • No Bonus Offers
  • Lack of incentives on specific purchases
  • Limited Odds of Approval due to high credit score requirement (ranging from 690 or above).

Fees of Citi Double Cash Credit Card

TypesAmount ($)
Joining Fees$0
Annual Fees$0
Balance Transfer FeesEither $5 or 3% of the amount of each credit card, whichever is higher
Foreign Transaction Fees3%
Introductory APR0% APR is applicable for 18 Months
Regular APRVariable APR is applicable after 18 months of account opening, ranging (13.99%-23.99%)

6 Main benefits of Citi Double Cash Credit.

Here are the detailed benefits of Citi Double Cash Credit .

(1).Cashback Rewards of 2%.

The 2% cashback reward offered by Citi Double is one of the best among the flat-rate credit cards. But what makes it stand out is that it encourages you to develop good spending habits. Since it offers you a 1% Cashback reward on making a purchase, and after that, it provides you the other 1% cashback on making the payments on the purchase made.

(2). 0% introductory APR

The Citi Double Cash Credit Card offers you a 0% introductory APR for 18 months, one of the most extended introductory APR periods.

(3). Simplistic Rewards

Many credit cards offering cashback cards mainly offer generous cashback rewards. Moreover, flat-rate cards like Citi Double Cash Credit Card offer consistent cashback rewards across all spending categories like Grocery, Gas Stations, Restaurants, Drugstores.

It enables you to be a lavish leisure spender and use the same card repeatedly, without worrying about spending cap.

(4). Gratitude Membership Points

Citibank offers you Thank-You points to express their gratitude for using their services, which can be rewarding for you. Cashback Rewards earned using the Citi Double get converted to Thank-You Points in the ratio of 1:1. You can redeem these points for e-gift cards, travel purchases at eligible retailers & sellers.

(5). Security and Purchase Protection Perks

An additional perk of this card except long introductory APR, Simplistic Cashback, is the combination of Security and Purchase Protection Perks. Since you get No Fraud Liability, 24-hour fraud protection, Citi Identity Theft Solution, and Lost Wallet Service- implying in case of loss or theft of the card, you can get a free replacement within 24 hours.

(6). Citi Entertainment

Citi Entertainment enables you exclusive access to presale tickets to events like music festivals, football games, high-end dine-out experiences.

 Drawbacks of the Citi® Double Cash Card

(1). Lack of Welcome Bonus

There isn’t any welcome bonus offered by this card. While other credit cards usually offer you a sign-up bonus of $200-$300. It might or might not be a deal-breaker when compared to an unlimited cashback reward of 2%.

(2). Restricted Cashback Reward Rate of 2%.

2% Cashback Reward is a good Cashback Offer. But there are many Credit Card issuers like Discover It, Chase Freedom Unlimited that offer you a higher cashback reward on various categories.

(3). Balance Transfer Fees is Applicable

The long intro APR period is competitive, and 3% balance transfer fees with a minimum of $5 or 3% (whichever is higher is applicable) are typical. This equates to a transfer fee of $300 on a transfer of $10,000.

(4). Foreign Transaction Fees is Applicable

This card charges you 3% Foreign Transfer Fees, implying that it isn’t the best card to be used abroad. While many competitors do not charge you for Foreign Transaction Fees.

(5). Redemption Restriction.

You are required to have a minimum of $25 in rewards before redeeming it, which is equivalent to $1,250. Various cards allow you to redeem rewards in any amount at any time.

» MORE: Chase Freedom Unlimited Credit Card Review

Best competitor of Citi Double Cash Credit Card.

We have analyzed the Citi Double Cash Credit Card against various credit cards. Here are the Best competitor of Citi Double Cash Credit Card

Citi Double Cash Credit Card Vs. Chase Freedom Unlimited.

In this comparison, Chase Freedom has the upper hand due to a higher variable cashback rate (5% on travel, 3% on restaurants & drugstores, along with a 1.5% unlimited cash back on all other purchases) compared to 2%. Another upper hand of Chase Freedom is due to the $200 Welcome Bonus compared to no welcome bonus offered by Citi Double.

On the other hand, Citi Double has the upper hand due to a more extended period of Introductory APR offered. Citi Double offers an introductory APR for 18 months compared to 15 months provided by Chase Freedom Unlimited.

Citi Double Cash Credit Card Vs. Discover it Cash back Credit Card

Discover has the upper hand due to 5% Cashback on all purchases compared to 2% Cashback offered by Citi Double. However, 5% Cashback comes with a cap of $1,500 each quarter. Another upper hand of Discover is the lower APR Rate (ranging from 11.99-22.99%) compared to the regular APR of Citi Double (ranging from 13.99-23.99%).

Another notable upper hand of Discover is No Foreign Transaction Fees Applicable compared to 3% Foreign Transaction Fees charged by Citi Double.

Citi Double has the upper hand in terms of the more extended introductory period of 18 months compared to 14 months time period of Discover it.

Quick Comparison between Three Cards.

Here are the quick comparison. Citi Double Cash Card Vs. Chase Freedom Unlimited Credit Card Vs. Discover It.

TypesCiti Double Cash CardChase Freedom Unlimited Credit CardDiscover It
Welcome Bonus/Sign-up BonusNone$200 Cash Rewards Bonus on purchases worth $500 made within first 3 months of Account OpeningNone
Cashback Rewards2% total Cashback (1% as you buy and 1% as you pay)Variable cashback of 5% for travel, 3% for Dine-in, Drugstores, 1.5% on other purchases5% Cashback on purchases up to $1,500 made within the first 3 months of Account Opening, then 1% unlimited Cashback is Applicable.
Intro APR0% APR for 18 Months0% APR for 15 Months0% APR for 14 Months
Regular APRVariable 13.99-23.99%Variable
14.99 -23.74%
Variable 11.99%-22.99%
Annual Fee0%0%0%
Foreign Transaction Fees3%3%0%

» MORE: Discover it Cash back Credit Card Review: All you need to know about it.

How to Redeem Cashback Rewards?

Cashback Rewards can be redeemed in various forms, including Statement Credits, Direct Deposits, Check, and Citi Thank-You Points.

Statement credits, Direct Deposits, and Checks redemption starts at $25, implying you must have at least $25 in cashback rewards in your account to redeem. Conversion of Thank You Points requires a lower cashback rewards balance of $1.

If you choose to redeem your reward points, a Thank You account is created automatically for you. It allows you to redeem your points in the form of gift cards, travel benefits, Shopping Benefits on Amazon or PayPal.

However, it should also be kept in mind that the basic ThankYou points can not be transferred to a Citi travel partner without a premium Citi travel card.

Rewards can be redeemed by logging into an online account or calling customer care services.
Cashback Rewards have an expiry date of 1 year of card inactivity, implying you haven’t earned cashback on purchases or payments for a whole year.

Is the Citi Double Cash Card hard to get?

To be approved for the Citi Double Cash Credit Card, you’ll need a good to excellent credit score (between 720 and 850). Excellent credit typically ranges from a score of 720 or better. But a credit score is only one of the conditions to be met for a Citi Double Cash Credit card. It would be best to qualify for other criteria like your annual income, existing Credit card and Debt, and additional information.

If you meet all conditions above, your approval odds will be higher.

Verdict: Is Citi Double Cash Card worth it?

Citi Double Cash Credit Card

The Citi Double Cash Card is a sound credit card for those with a good to excellent credit score (670 or above). It gives you an unlimited Cashback Reward of 2%, which is a good deal.

Editor's Rating:

The consistent cashback reward of 2% on all purchase categories is simple to keep in mind, which makes it highly convenient.

Suppose you have just come into the good credit score club range and are concerned about your spending habits. In that case, this card encourages you to do responsible expenses as it gives you 1% Cashback on making the purchase. After that, it gives you 1% Cashback on completing the purchase.

If you prefer a higher, consistent cashback reward, Discover it is the best card. Since it offers you a cashback reward of 5% with a cap on the spending of $1,500 each quarter, then 1.5% Cashback on purchases after reaching the cap amount.

But suppose you prefer a variable cashback reward across various categories of expenses. In that case, Chase Freedom Unlimited is the better card for you. Since it offers you a 5% cashback reward on travel, 3% cashback reward on drugstores & dine-in, 1.5% Cashback on purchases made across all other categories.

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