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Easy 2% Citi Cashback Card

Easy 2% Citi Cashback Card


In the event you’re all the time on the go and worth each minute of your packed schedule, the Citi Double Money Card may positively be your type of factor. 

Its simple 2% cashback on each single merchandise could make your life an entire lot simpler.

Undergo its options with us, and see for your self—

This text will present you: 

  • What the Citi Double Money card is all about.
  • Its execs, cons, advantages, and rewards.
  • A bunch of alternate options.

Learn extra:

Citi Double Money Credit score Card at a Look

Full identify: Citi Double Money® Card

Greatest for: Simple rewards system

Issuer: Citi

Credit score rating wanted: Wonderful, good, honest

How Does Citi Double Money Card Work?

The Citi Double Money Card has a reasonably distinctive cashback idea

It’s all about rewarding you not only for shopping for stuff, but additionally for paying off these purchases. 

Right here’s the way it works— 

For each buy you make, you get 1% cashback proper off the bat. So should you purchase a espresso for $5, that’s 5 cents in your pocket. 

However the rewards don’t cease there.

Once you repay that espresso (or every other buy in your card invoice), you earn one other 1% cashback on the quantity you repay. So should you repay that $5 espresso, you get one other 5 cents. 

This implies you’re incomes double the cashback (1% if you purchase and one other 1% if you pay it off). That’s why it’s referred to as the “Double Money” card. 

And the most effective half? 

There’s no restrict to how a lot cashback you may earn—and your cashback doesn’t expire so long as you retain the cardboard open. 

So whether or not you’re shopping for groceries, filling up gasoline, or procuring on-line, the Citi Double Money Card will help you earn some cashback. (Simply bear in mind to maintain paying off these purchases to get the total 2%.)

Citi Double Money Credit score Card: General Card Evaluate

Citi® Double Money Card: Execs & Cons


  • No annual price.
  • Simple cashback on every little thing.
  • Versatile redemption choices.
  • Steadiness switch supply at 0% for 18 months.
  • Entry to Citi Leisure.
  • Pockets safety and emergency card substitute.


  • 3% overseas transaction price.
  • No particular bonus classes.
  • No sign-up bonus.
  • Requires good to wonderful credit score.
  • Credit score restrict begins at as little as $500.
  • No noteworthy extra perks.
  • Cashback rewards may take longer to accrue.

Key Citi Double Money Credit score Card Charges & Charges



Annual price



18.99%–28.99% (Variable)

Intro APR for stability transfers

0% 18 months

APR for money advances

29.99% (Variable)

Steadiness switch price

Intro price of three% of every switch ($5 minimal) made inside the first 4 months of account opening; then 5% of every switch ($5 minimal)

Money advance price

5% of every money advance ($10 minimal)

International transaction price


Late price

As much as $41

Returned cost price

As much as $41

Issues to Know In regards to the Citi Double Money Card

With fundamentals out of the best way, let’s deal with rewards and advantages.

Citi money again rewards

Like we stated, Citi Double Money card rewards are easy. The desk under solutions questions like: 

  • Do Citi Double Money rewards expire?
  • How can I redeem Citi ThankYou factors?
  • Is there a restrict to my spending?

Citi Double Money Card

Rewards charge



  • Direct deposit
  • Assertion credit score
  • Verify by mail ($5 minimal)


Factors don’t expire except you shut the account



The redemption course of is fairly versatile, too. You will get your money again as a direct deposit, assertion credit score, or request a verify by mail (so long as it’s a minimum of $5).

The best bit? Your rewards by no means expire so long as your account stays open. 

And with no cap on the rewards you may earn, the potential to earn money again is limitless. 

That makes this card an amazing guess should you’re after a no-fuss, high-earning cashback bank card.

Citi Double Money factors defined

As you already know, Citi Double Money retains its factors system so simple as could be. 

You get a pleasant ThankYou Level in return for each greenback you spend. And every greenback you repay in your card additionally earns you one other ThankYou Level. 

On high of that, changing your rewards into factors is a bit of cake: one cent in rewards equals one ThankYou Level.

Let’s use some examples to see precisely how a lot you’d earn:

What you spend

Factors you earn when shopping for

Factors you earn when paying off


Money worth
















Citi Double Money advantages

Okay, so this half goes to be a bit underwhelming—


Citi Double Money Card






  • 24-hour fraud safety
  • $0 legal responsibility on unauthorized expenses
  • ID Theft Safety program


The Citi Double Money Card received’t offer you particular money again rewards for journey or eating, nevertheless it does supply some first rate protecting options

They embrace round the clock fraud safety and a $0 legal responsibility on unauthorized expenses. That approach, your account is safeguarded in opposition to any unauthorized exercise. 

Via its ID Theft Safety program, the cardboard helps with extra safety if it will get stolen.

On the non-protection facet of issues, the cardholders get unique entry to presale tickets and VIP packages by Citi Leisure® (good for dwell occasion lovers).

What’s the Citi Double Money card credit score restrict?

The credit score restrict for the Citi Double Money Card varies based mostly on the person cardholder’s creditworthiness

In different phrases, your credit score rating, revenue, and present money owed will all play a job in figuring out your credit score restrict. 

That’s why we went to cardholders to see the Citi Double Money credit score restrict in observe—

“Citibank gave me a restrict of $9k on this card.”

“Was simply authorised for the cardboard however solely a 3,000 restrict.”

“My restrict simply acquired elevated to 35k.”

However then—

“My Citi double restrict is $40k. Revenue is $80k.”

“From my expertise, their restrict will increase could be submitted usually with no laborious pull to your credit score.”


“The excellent news is after 3–6 months, you may often qualify for a delicate pull enhance. They are typically modest bumps, although. If you need the restrict to go up considerably, you’ll should be both very affected person and do a number of delicate pull will increase (that are solely often each six months) or do a tough pull enhance the place you may request a bigger quantity.”

How Does Citi Double Money Card Evaluate to Different Credit score Playing cards for Good or Wonderful Credit score?

Let’s see:

Learn extra:

Double Money Card Alternate options: Citi Cashback Playing cards

Citi Rewards+ Card

Citi Rewards+ Card provides 2x factors at supermarkets and gasoline stations (as much as $6,000 per 12 months), 1x factors on different purchases, and rounds as much as the closest ten factors on each buy. It’s nice for each day bills.

Citi Premier Card

With 3x factors on eating places, supermarkets, gasoline stations, air journey, and inns (and 1x on all different purchases), Citi Premier Card is good for journey and eating fans.

Costco Wherever Visa Card by Citi

Costco Wherever Visa® Card by Citi is a sensible choice for Costco members, providing 4% cashback on eligible gasoline worldwide, 3% on eating places and journey, 2% on all different Costco purchases, and 1% on every little thing else.

Keep in mind

Though all of the alternate options could also be tempting, a number of credit score inquiries in a brief time period may find yourself inflicting extra unhealthy than good.

Citi AAdvantage Platinum Choose World Elite Mastercard

Citi additionally provides the AAdvantage Platinum Choose Mastercard.

Frequent flyers will respect 2x AAdvantage miles on eligible American Airways purchases, gasoline stations, and eating places (in addition to 1x AAdvantage miles on different spending).

Citi Status Card

With 5x ThankYou Factors on air journey and eating places, 3x on inns and cruise traces, and 1x on all different purchases, it’s supreme for high-spenders. Plus, this card provides a number of journey advantages.

Each time you apply for a brand new bank card, banks verify your credit score rating. For that reason, simultaneous bank card purposes will have an effect on your credit score standing, lowering your probabilities of getting authorised. It’s finest to attend a minimum of six months earlier than you apply for an additional bank card should you want extra.

Simon BacherCEO and Co-founder, Ling App

Citi Financial institution Cashback Card: Helpful Hyperlinks

To make issues simple for you:

Citi Double Money Card Evaluations Discovered On-line

Some people say the “1% if you purchase, 1% if you repay” system isn’t all the time a superb factor—

“The small quirk is the truth that you get 1% first and the opposite 1% if you pay. In the event you select to redeem your money again as a press release credit score, then Citi doesn’t take into account {that a} legitimate type of cost, so that you received’t get the total secondary 1% should you do this.”

Others point out the not-so-fun adjustments Citi launched over time—

“The DC has additionally misplaced options over the previous couple of years. Value rewind, return safety, harm safety, prolonged guarantee, and many others. Citi actually gutted the cardboard. The DC is a product change of my very first bank card I used to be authorised for 18 years in the past, so I’ll all the time preserve it, nevertheless it’s a shadow of what it was once.”

And the customer support appears to be lower than nice, too—

“I just like the Citi Double Cashback, and it was once my each day driver. However Citi’s customer support is horrendous when there’s an issue. So, it’s simply not price it to me.”

However then, some cardholders do reward Citi—

“One factor I didn’t see talked about is Citibank is likely one of the best banks to request credit score will increase from, as there may be only a button on the web site you may hit every time that provides you an instantaneous reply and doesn’t do a tough pull.”

Though this doesn’t appear to use to everybody—

“They don’t give me credit score restrict will increase, although my credit score rating is over 750.”

Others advocate it as a superb card for vacationers when mixed with the Citi Premier card—

“The benefit of Citi Double Money over these different playing cards is expounded to journey. With Double Money alone, you may switch factors to a couple of Citi’s journey companions, however at a diminished charge in comparison with the Premier card. The easiest way to make use of Double Money is to pair it with Citi Premier, so that you get entry to all of Citi’s journey switch companions at their finest redemption charges.”

And at last—

“The best good thing about the Double Money is that you would be able to pair it with a Rewards+ to successfully flip this right into a 2.2% money again card. That beats a lot of the different opponents, besides to the extent you get hit with a overseas transaction price or the chance value of not getting a sign-up bonus (however as others on this thread have steered, you may get the bonus from one other Citi card after which product change to Double Money).

Then, so long as you’re getting Double Money and Rewards+, you may add the Citi Customized Money for (successfully) 5.5% in a single class. That’s a reasonably stable setup for comparatively minimal effort.”

Is Citi Double Money Card Good for Me?

Reply these questions that will help you make up your thoughts:

  • Do you wish to preserve rewards easy?

The Citi Double Money Card provides flat-rate cashback on all purchases. No want to watch spending classes.

  • Do you repay your stability every month?

This card rewards each buying and well timed pay-offs. Useful should you preserve your card stability beneath management.

  • Do you want a 0% introductory APR on stability transfers? 

This card gives 0% APR for a set interval post-account opening. Perfect if transferring high-interest debt.

  • Do you care about fraud safety and particular provides? 

If that’s the case, the cardboard’s safety features and entry to the Citi Leisure program could be interesting.

Keep in mind

In the event you’re after the sign-up bonus and wish to use your card internationally, you may discover higher alternate options.


Is the Citi Double Money Card good?

The Citi Double Money Card is a straightforward and simple card. 

It provides you 2% money again on all purchases, nevertheless it doesn’t include a sign-up bonus—which could be disappointing should you’re in search of that preliminary rewards increase. 

You will discover cashback playing cards with sign-up bonuses right here.

Additionally, its rewards won’t be as excessive for particular classes (like journey or eating) as another playing cards. 

Plus, should you carry a stability, the curiosity may take a chew out of your cashback, with the speed falling between 18.99% and 28.99%. 

In the event you’re after simplicity and no annual price and need a sign-up bonus, take into account Capital One Quicksilver Rewards.

Does Citi Double Money have overseas transaction charges?

Sure, the Citi Double Money Card does have overseas transaction charges. 

Cardholders are usually charged a 3% price for transactions made in a overseas forex or with a overseas financial institution. 

This is a crucial element to contemplate should you journey internationally ceaselessly or make loads of purchases from foreign-based corporations—these overseas transaction charges can add up, doubtlessly offsetting a few of your cashback rewards.

Take a look at higher journey bank cards.

Is Citi Double Money Visa or Mastercard?

The Citi Double Money Card is a Mastercard. This implies you should use it at thousands and thousands of places worldwide that settle for Mastercard. 

Plus, being a Mastercard, it comes with sure advantages similar to id theft safety, zero legal responsibility for unauthorized expenses, and emergency help just about wherever on the planet. 

Nonetheless, it all the time pays to verify the high-quality print so you already know what’s included along with your particular card.

What sort of card is Citi Double Money?

The Citi Double Money Card is a cashback bank card. 

It’s identified for its easy and beneficiant cashback construction, the place cardholders earn 2% on each buy—with limitless 1% cashback after they purchase plus an extra 1% as they pay for these purchases. 

This is applicable to all purchases, not simply these in particular classes. 

Due to this construction, it’s fashionable amongst customers in search of an easy strategy to earn cashback with out monitoring rotating classes or sign-ups. 

The catch is that it doesn’t supply a sign-up bonus, which is commonly discovered with different reward bank cards

It additionally has overseas transaction charges, which may very well be a possible draw back for frequent vacationers.

You will discover cashback playing cards with sign-up bonuses and journey bank cards with out worldwide charges.

What credit score rating do you want for Citi Double Money?

You’ll usually want a superb to wonderful credit score rating to be thought-about for the Citi Double Money Card. That usually means a credit score rating inside the vary of 670 to 850. 

Nonetheless, having a credit score rating inside this vary doesn’t assure approval. 

Different components similar to your revenue, present debt, current credit score inquiries, and cost historical past additionally affect a bank card issuer’s determination.

Do Citi Double Money rewards expire?

The cashback rewards from the Citi Double Money Card don’t expire so long as your account stays open and in good standing. 

Nonetheless, it is going to expire should you haven’t earned any cashback from purchases or funds for 12 months. 

To keep away from expiration, be sure that some transaction exercise earns cashback a minimum of yearly. 

It’s all the time a good suggestion to pay attention to such particulars in your card settlement to make sure you’re taking advantage of your rewards.

Whereas at it, try different cashback bank cards (as much as 6% on groceries).

Is the Citi Double Money Card laborious to get?

Like many cashback bank cards, the Citi Double Money Card usually requires a superb to wonderful credit score rating for the most effective approval odds. A credit score rating within the 670 to 850 vary is mostly thought-about good to wonderful. 

Nonetheless, credit score rating is just not the one issue thought-about within the utility course of. 

Bank card issuers additionally care about your revenue, employment standing, cost historical past, and general creditworthiness. 

In case your credit score historical past is relatively quick, otherwise you’ve had hassle managing credit score previously, there could also be some challenges to getting authorised for this card. 

However bear in mind, every lender has their standards, and the ultimate approval comes all the way down to particular person circumstances.

In the event you’re unsure, it’s in all probability higher to increase your credit score rating first earlier than making use of. And be taught how lengthy does it take to get an 800 credit score rating.

The place can you utilize the Citi Double Money card?

Being a Mastercard, the Citi Double Money Card is extensively accepted across the globe.

This implies you should use it at thousands and thousands of retailers worldwide (wherever Mastercard is accepted), which incorporates grocery shops, eating places, gasoline stations, on-line retailers, and so forth—within the US and abroad.

A phrase of warning, although—should you plan to make use of this card overseas or for purchases from foreign-based corporations, do not forget that it has a 3% overseas transaction price. 

One other card with no such charges may be extra economical for worldwide journey or non-US purchases. 

See some various cashback playing cards and journey playing cards.



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