Most products on this page are from partners who may compensate us. This may influence which products we write about and where and how they appear on the page. However, opinions expressed here are the author's alone, not those of any bank, credit card issuer, airline or hotel chain. This page may include information about American Express products currently unavailable on Slickdeals. American Express is not a partner of Slickdeals.

When it comes to cash-back credit cards, it’s hard to find anything that surpasses the value of the Citi® Double Cash, from our partner Citi. It’s not only a rewarding card for everyday purchases but also incredibly easy to rack up points. You’ll earn 1% when you buy and 1% when you pay your statement credit — for a total of 2% cash back on all purchases. 

With no bonus categories to memorize and no annual fee to worry about, the Citi Double Cash Card is an excellent go-to card, whether you’re filling up your tank, shopping online or paying your monthly bills. Below, we’ll do a deeper dive into who should — and shouldn’t — apply for the Citi Double Cash Card. 

Citi® Double Cash Card

Citi Double Cash

This product is currently not available via Slickdeals.

  • Our Rating 4.5/5 Read the review
  • APR18.24% – 28.24% (Variable)
  • Annual Fee$0

The Citi® Double Cash Card, from our partner Citi, offers attractive and uncomplicated cash back for people who value a flexible credit card reward program.

Overview

The Citi Double Cash Card, from our partner Citi, offers attractive and uncomplicated cash back for people who value a flexible credit card reward program. The Citi Double Cash Card gives you the chance to earn 2% cash back on your purchases. You can receive 1% cash back when you make a purchase and an additional 1% cash back once you pay your bill.

Pros

  • No category bonuses to remember, unlimited 2% cash back on everything
  • Earns ThankYou Points, which gives the potential to unlock valuable travel rewards

Cons

  • Foreign transaction fees are applied
  • Limited perks

Benefits of the Citi Double Cash Card

With the card’s 2% cash back rewards rate, this translates into 2 ThankYou points per dollar spent on all eligible purchases. Fortunately, it’s just as easy to redeem your rewards with the Citi Double Cash Card. 

You can exchange your points for cash back, with the choice between a statement credit, direct deposit or a check. Additionally, you can redeem your points for gift cards, on Amazon.com, travel and more. 

Plus, the Citi Double Cash Card comes with a balance transfer offer for new applicants. You’ll enjoy a 0% introductory APR for 18 months, although balance transfers must be completed within the first four months of account opening. Afterward, a 18.24% - 28.24% (Variable) APR will apply.

Finally, your Citi Double Cash Card acts as a golden ticket to unlock presales and seats to thousands of concerts, sporting games and other events worldwide through the Citi Entertainment program. 

Who should get the Citi Double Cash Card?

buying Bubble Tea with credit card
Unsplash

Someone who needs a trusty credit card for all purchases

Let’s face it — there are tons of rewards credit cards on the market. Some cards advertise its unique travel perks, while others offer bonus points on select purchases. 

But if you don’t want to keep up with more than two to three credit cards, the Citi Double Cash Card is a reliable pick for a standalone card. While some cards may offer a better return in certain bonus categories, the Citi Double Cash will always earn 2% cash back — no matter the purchase. 

Someone who already carries a Citi travel credit card

If you happen to be a cardholder of the Citi Premier® Card or the Citi PrestigeⓇ Card (which is no longer available for new applicants), adding the Citi Double Cash Card makes for the perfect pair

Citi Premier® Card

This product is currently not available via Slickdeals.

  • Our Rating 4.5/5 Read the review
  • APR20.24% – 28.24% (Variable)
  • Annual Fee$95
  • 60,000 60,000Citi ThankYou Points More Info

    Earn 60,000 bonus ThankYou Points after making $4,000 worth of purchases during the first three months of account opening. Dollar Equivalent: $1,080 (60,000 Citi ThankYou Points * 0.018 base)

If you’re looking for a versatile rewards credit card with a generous sign-up bonus and accelerated points earning in diverse spending categories, then you should know about the Citi Premier® Card, from our partner Citi.

Overview

This credit card offers its members a range of incentives, such as bonus points, gift cards and 1:1 point transfers with airline partners. One of the more unique features of the Citi Premier® Card from our partner Citi is that it offers 3x ThankPoints for every dollar spent at supermarkets, gas stations, restaurants and travel purchases. Plus, new cardholders can earn 60,000 ThankYou Points after spending $4,000 during the first three months of account opening.

Perks

  • Earn 3x ThankYou Points per dollar spent on travel, grocery stores, restaurants and gas stations
  • Annual $100 hotel savings benefit. Just book a hotel stay of $500 or more through thankyou.com or 1-800-THANKYOU to earn the discount.
  • No foreign transaction fees
  • Easily transfer your points to Citi’s airline partners

Pros

  • High reward rate on common categories of consumer spending
  • Points are easily transferable to airlines and hotel partners
  • No foreign transaction fees
  • Points never expire

Cons

  • $95 annual fee
  • No standout rewards category

For instance, the Citi Premier Card is a fantastic travel card that comes with 3x points per dollar on restaurants, supermarkets, gas stations, air travel and hotels, but just 1x point per dollar on all other eligible purchases. That’s where the Citi Double Cash Card comes in — you’ll leverage its 2x earning rate to earn extra points outside of the Citi Premier’s bonus categories. This strategy alone can make the difference in accruing thousands more points per year. 

Finally, Citi’s travel credit cards give you exclusive access to more than a dozen airline transfer partners, from Air France/KLM Flying Blue to Singapore Airlines KrisFlyer. You can combine your points balance to maximize your rewards even further, particularly with award redemptions in premium cabins worldwide. 

Who shouldn’t get the Citi Double Cash Card?

tourist in athens at acropolis
Unsplash

If your credit card spending is predictable 

The 2% rewards rate on all purchases is a good solution if you don’t want to keep up with the mental gymnastics of earning credit card points. But there’s a downside: you may not be necessarily maximizing every dollar spent on your credit card by solely using the Citi Double Cash Card.

If your monthly spending is predictable, it may work in your favor to open multiple credit cards that offer bonus points on select categories. For example, let’s say your family spends $1,000 per month on restaurants and $500 per month on groceries. With the Citi Double Cash Card, you’ll earn 3,000 points every month, or $30 in cashback rewards, from these purchases. 

On the other hand, the Capital One SavorOne Cash Rewards Credit Card is a no-annual fee card that offers 3% on groceries and dining, among other bonus categories. With a $1,500 monthly spend on these categories, you’ll earn $45 in cashback rewards. 

While $15 in rewards may not seem like much, that’s a difference of $180 in cashback every year. That’s why many credit card gurus will often get the Citi Double Cash Card to earn points on non-bonus purchases, and leverage other rewards cards for dining, groceries, gas and more. 

q suite on Qatar airways Related Article

10 Ways to Redeem 60,000 Citi ThankYou Points for Travel

Read More

Someone who travels internationally 

If you plan on traveling abroad, you’ll want to avoid paying with the Citi Double Cash Card, which charges a 3% transaction fee on the U.S. dollar amount of each purchase made in a foreign currency. 

In other words, a $100 purchase will actually cost you $103 — so you can start to imagine how quickly these fees will add up for frequent travels. Fortunately, there are plenty of other credit cards that waive these pesky foreign transaction fees you may want to consider using instead. 

Someone with a history of missing credit card payments

The Citi Double Cash Card’s rewards rate encourages cardholders to spend wisely on the card and only spend what they can afford to pay off, with 1% cash back when you buy and 1% cash back when you pay your statement. 

If you miss a payment, you’ll still earn the other half of your cashback rewards — but you’ll accrue interest and other penalty fees. The Citi Double Cash Card comes with a steep APR, which can really sting if you miss a credit card payment. The APR for purchases is 18.24% - 28.24% (Variable), depending on your creditworthiness.

However, this principle applies to any rewards credit card on the market, and not just to the Citi Double Cash Card. If you risk missing a monthly payment, you’ll effectively negate the value of any rewards earned from the card. 

Bottom line

The Citi Double Cash Card has always been a crowd-pleaser, whether you’re looking for a starter credit card or a one-stop shop for all of your everyday purchases.

beach volleyball Related Article

A Dynamic Duo: Why the Citi Double Cash and Citi Premier Cards Make Such a Powerful Combination

Read More
ML

Marielle Lee

Marielle Lee is a digital nomad, working as a freelance writer in personal finance and travel rewards. Her first job was as a tour guide in France for several years, specializing in the country's great wine regions. After that, Marielle continued on to travel to more than 40 countries, all made possible by leveraging the 10-plus credit cards in her wallet.