Citi Double Cash Review – Earn 1% + 1% Cash Back

The Citi® Double Cash Card offers a unique cash back reward. You earn unlimited 1% cash back on every purchase + 1% cash back when you pay your credit card bill on time. It also offers an excellent 0% introductory rate on balance transfers and purchases. It’s the card I use everyday.

There are other cards that pay 2%, but only if you use the rewards for travel (e.g., Capital One Venture Rewards) or have an account at Fidelity (e.g., American Express Fidelity card). With the Citi® Double Cash Card, there are no such requirements, as you’ll see in this review.

Citi® Double Cash Card Snapshot

  • 0% Intro APR on Balance Transfers and Purchases for 15 months. After that, the variable APR will be 14.74 – 24.74%, based on your creditworthiness
  • There is a balance transfer fee of either $5 or 3% of the amount of each transfer, whichever is greater
  • The only card that earns you cash back TWICE on every purchase with:
  • 1% cash back when you buy
  • Plus 1% cash back as you pay for those purchases, whether you pay in full or over time*
  • No Category Restrictions, No Caps, No Enrollments in Rotating Categories
  • No Annual Fee

How Double Cash Works

Citi Double Cash ReviewOne draw to this card is its simplicity. There are no rotating categories and rewards do not need to be spent in a certain way to get the maximum benefit. Instead, simply use the card and make at least the minimum payment on time.

You’ll earn 1% on every purchase with the card. You’ll then earn another 1% when you make at least the minimum payment on time. There is no need to pay the card in full. If you do, however, you’ll speed up earning the second 1% cash back. The result is that you can earn a total of 2% of the value of your purchases, so long as you make the minimum monthly payment on time.



Redeeming rewards is easy. You can apply them as a statement credit to your bill or use them to buy gift cards. You can also ask Citi to send you a check.

Last year we earned nearly $2,000 in cash back with this card. Granted, I paid for our children’s college tuition with the card, but why not? Here’s the email Citi® Double Cash Card sent me on the one year anniversary of getting the card:

Citi Double Cash--Cash Back

0% Introductory Rate

The card offers a 0% APR introductory rate for 18 months on balance transfers. There is a balance transfer fee of either $5 or 3% fee of the amount of each balance transfer, whichever is greater. This 0% deal compares favorably to the other no interest offers we track.

Other Perks

The Citi® Double Cash Card as a long list of additional benefits:

  • A late fee pass: Citi gives you a pass on your first late fee.
  • Citi® Private Pass®: As a Citi cardmember you’ll get access to purchase tickets to thousands of entertainment events and special experiences; including VIP packages, preferred & presale tickets to live concerts, family and comedy shows, plus sports clinics with celebrity athletes and culinary events with top chefs.
  • Citi Price Rewind: After you make a purchase, Citi searches for a lower price. If they find a lower price within 60 days, you can get a refund of the difference up to $300 per item (up to $1,200 per year).
  • EMV Chip Technology: The card has an EMV chip for added security.
  • Damage & Theft Purchase Protection: You are covered up to $1,000 per item, up to $50,000 per year if purchases made with your Citi card are damaged or stolen within 120 days of purchase (90 days for New York residents).
  • Extended Warranty: You may be able to add up to a year on your warranty of five years or less. You’re covered for up to $10,000 per year.
  • Citi with Apple Pay: You can use ApplePay with your Citi® Double Cash Card.
  • Citi® Identity Theft Solutions: Citi offers assistance if your identity is stolen.
  • $0 liability for unauthorized charges
  • The Lost Wallet® Service: Citi will replace your card usually within 24 hours. They will also provide you with emergency cash subject to your available cash advance limit.
  • Worldwide Car Rental Insurance: You may be covered against theft or damage up to $50,000 for any rental car in any country when you pay with your Citi card and decline the rental company’s collision loss/damage insurance.
  • Trip Cancellation & Interruption Protection: If certain unforeseen events get in the way of your trip, you may be reimbursed for non–refundable trip expenses, like change fees, up to $1,500 per year provided you paid for the trip with your Citi card.
  • Worldwide Travel Accident Insurance: Worldwide Travel Accident Insurance may offer some financial help to you or your loved ones if a tragic accident does occur, up to $250,000 in compensation.
  • Our Concierge Service: Similar to a personal assistant, Citi’s concierge service is available 24/7 to help you with everything from making travel arrangements and dinner reservations, to ordinary conveniences like scheduling a cleaning service and finding a dog walker.

What we like about the Citi Double Cash Card

  • Excellent cash back rewards
  • Rewards can be redeemed in several ways, including a statement credit or check
  • No annual fee
  • Very good 0% APR offer on balance transfers and purchases
  • Excellent services from Citibank

What could be better

  • Requires Excellent Credit
    Excellent Credit
    Credit cards for excellent credit are
    intended for those with a credit score of 700 or Higher.
    Get Your Free Score
  • Foreign transaction fee makes card not ideal for overseas travel
  • No bonus offer on sign-up

Summary

  • 0% Intro APR on Balance Transfers and Purchases for 15 months. After that, the variable APR will be 14.74%- 24.74%, based on your creditworthiness
  • There is a balance transfer fee of either $5 or 3% of the amount of each transfer, whichever is greater
  • The only card that earns you cash back TWICE on every purchase with:
  • 1% cash back when you buy
  • Plus 1% cash back as you pay for those purchases, whether you pay in full or over time*
  • No Category Restrictions, No Caps, No Enrollments in Rotating Categories
  • No Annual Fee
  • Regular Purchase APR: 14.74%-24.74% (Variable)
  • Penalty APR: Up to 29.99%
  • Annual Fee: $0
  • Late Payment Fee: None for the first late payment; up to $35 after that.
  • Foreign Transaction Fee: 3% of the U.S. dollar amount of each purchase.
  • Ideal for those who want a solid cash back card
  • A good choice for those looking for a 0% APR introductory rate
  • Well suited for those wanting a rewards card with no annual fee
  • Requires Excellent Credit
    Excellent Credit
    Credit cards for excellent credit are
    intended for those with a credit score of 700 or Higher.
    Get Your Free Score




Citi® Simplicity Card Review – 0% for 18 Months

The Citi Simplicity® Card is, well, simple. As the name suggests, the card does one thing, and it does it really well. It offers a 0% introductory APR on purchases and balance transfers for 18 months.

With this card there is no annual fee and there are no late fees or over the limit fees. This is a basic credit card with no rewards program but an excellent 0% offer. Its 0% introductory rate on balance transfers and purchases lasts for 18 months is one of the longest available offer we’ve been able to find anywhere.

Compare Your Options

    • Citi Simplicity Card: 0% on balance transfers for 18 months with a balance transfer fee of 3% or $5, whichever is less;
    • Discover it® Cashback Match™ with No Annual Fee: 0% for 18 months + double cash back the first year
    • Barclaycard Ring™ MasterCard®: 0% intro APR for 15 months + NO balance transfer fee
    • Chase Slate: 0% for 15 months with no balance transfer fee for transfers initiated in the first 60 days of account openining + no annual fee + free access to your monthly FICO score

Citi Simplicity® Card Review

Here are the card details in a nutshell:

  • 0% Intro APR on Balance Transfers and Purchases for 18 months. After that, the variable APR will be 15.24% – 25.24% based on your creditworthiness.
  • There is a balance transfer fee of either $5 or 3% of the amount of each transfer, whichever is greater.
  • No late fees – Ever
  • No penalty rate – Ever
  • No annual fee – Ever
  • Save time when you call with fast, personal help, 24 hours a day.

0% Offer

The Citi Simplicity card comes with a dual 0% offer on balance transfers for 18 months and on purchases for 18 months. A balance transfer fee of 3% (minimum $5) will apply to all amounts transferred to the card. There are no fees associated with the 0% on purchases offer.

Your variable APR will be 15.24% – 25.24% based on your creditworthiness. This rate may change based on the prime rate.

Citi provides the following instructions on using the balance transfer offer:

1. After receiving your card, you may call the customer service number on the back of your card to transfer balances. However, if you are presented with the option to transfer a balance with your application, it will take at least 14 days after your account is opened to process balance transfer payments. During this time you may cancel or modify your balance transfer request by calling the number on the back of your card.

2. You may transfer any amount, but the total amount of your balance transfers and balance transfer fees must be less than your available credit limit. Be sure you do not transfer any disputed purchase or other charge amount, as you may lose your dispute rights. You cannot transfer balances from other accounts issued by Citibank, N.A. or its affiliates.

3. Continue to make payments on your other accounts until you have confirmed this balance transfer has been received. Once approved, we pay the amount of the balance transfer directly to that issuer. The available credit limit for your new card will be reduced by the total amount of the transfers, including fees, we approve.

Fees

One very nice feature with this card is its fee structure. If charges no annual fee. Further, it doesn’t charge late fees or penalty rates. That’s not to suggest that you should pay your credit card bill late. Late payments hurt your credit score, and you’ll of course pay interest on the outstanding balance.

Additional Benefits

This card offers a variety of additional benefits for being a card member. Here is a list of some of the these benefits:

  • Citi Price Rewind: Register an item you purchased with your card and Citi will track prices at hundreds of online merchants for 60 days from your purchase date. If Citi finds a lower price you can request a refund of the price difference, up to $300 per item and up to $1,200 per calendar year.
  • Extended Warranty: Add up to a year on your warranty of five years or less when you make purchases with your Citi card. You may be covered for up to $10,000 per calendar year.
  • Choose your Payment Due Date: You can choose to pay your bill on any available due date in the beginning, middle or end of the month.
  • Automatic Account Alerts: Once you’ve set up alerts, Citi will remind you about your balance levels, payments due, or when you go over your credit limit, by email or directly on your mobile phone.
  • 0% Intro APR on Balance Transfers and Purchases for 18 months. After that, the variable APR will be 13.49% – 23.49% based on your creditworthiness.
  • There is a balance transfer fee of either $5 or 3% of the amount of each transfer, whichever is greater.
  • No late fees – Ever
  • No penalty rate – Ever
  • No annual fee – Ever
  • Save time when you call with fast, personal help, 24 hours a day.
  • Regular Purchase APR:13.49 – 23.49% (Variable)
  • Penalty APR: N/A
  • Annual Fee: $0
  • Late Payment Fee: N/A
  • Foreign Transaction Fee: 3% of each purchase transaction in US dollars.
  • Ideal for those looking for a 0% balance transfer offer
  • Also perfect for those wanting 0% on purchases for an extended period
  • Well suited for those wanting a rewards card with no annual fee
  • Requires excellent credit

American Express Credit Cards

I’ve carried American Express credit cards for years. It started with the iconic Green American Express many years ago. Since then I’ve carried the Gold card, Platinum Card, TrueEarnings CostCo card (no longer available), and the Blue Cash Preferred card. Yes, I’m an Amex fan.

Today Amex offers a wide variety of cards with excellent rewards. It offers top notch travel rewards, cash back, and even 0% introductory rate offers on balance transfers and purchases. The list below starts with consumer cards, followed by Amex business credit cards.

American Express Personal Credit Cards

Editor’s Pick: My favorite consumer Amex card is the Blue Cash Preferred® Card from American Express. With cash back of up to 6%, the $75 annual fee is well worth the cost. The $150 statement credit after you spend $1,000 in purchases on your new Card in your first 3 months helps, too.

Blue Cash Everyday Card from American Express

  • Welcome Offer: $150 statement credit after you spend $1,000 in purchases within the first 3 months.
  • Cash Back Rewards–
    • 3% cash back at U.S. supermarkets (on up to $6,000 per year in purchases, then 1%);
    • 2% cash back at U.S. gas stations and at select U.S. department stores; and
    • 1% back on other purchases.
  • Note: Cash back is received in the form of Reward Dollars that can be easily redeemed for statement credits, gift cards, and merchandise.
  • Intro APR: 0% for 15 months on purchases and balance transfers.
  • No annual fee.
  • Terms Apply

Blue Cash Preferred® Card from American Express

  • Welcome Offer: Earn $200 back after you spend $1,000 in purchases on your new Card within the first 3 months.
  • Earn Cash Back: 6% U.S. supermarkets up to $6,000 per year in purchases (then 1%), 3% U.S. gas stations & select U.S. dept stores, 1% other purchases. Terms and limitations apply.
  • With the Blue Cash Preferred® Card, you can start earning cash back. No rotating reward categories. No enrollment required.
  • Cash back is received in the form of Reward Dollars that can be redeemed as a statement credit. Cash back is earned only on eligible purchases.
  • 0% intro APR on purchases and balance transfers for 12 months, then a variable rate based on your creditworthiness and other factors.
  • Annual Fee: $95
  • Terms Apply

American Express Gold Card

  • Welcome Offer: Earn 35,000 Membership Rewards Points after you use your new Card to make $2,000 in purchases within the first 3 months.
  • Receive 20% back as a statement credit at U.S. Restaurants within the first 3 months, up to $100 back. Offer available to new card members who apply by 1/9/2019.
  • Earn 4X Membership Rewards points at U.S. restaurants and U.S. supermarkets (on up to $25,000 per year in purchases, then 1X).
  • Earn 3X Membership Rewards points on flights booked directly with airlines or on amextravel.com.
  • 1X points on other purchases.
  • No Foreign Transaction Fees, making this an excellent card for international travel.
  • $100 airline fee credit and up to $100 per calendar year for baggage fees and more at one qualifying airline.
  • Annual Fee $250.
  • Terms Apply.

Hilton Honors Ascend Card from American Express

  • Welcome Offer: Earn 125,000 Hilton Honors Bonus Points after you use your new card to make $2,000 in eligible purchases within the first 3 months of Card Membership.
  • 12X Bonus: Earn 12X Hilton Honors Bonus Points for each dollar of eligible purchases charged on your card directly with a participating hotel or resort within the Hilton Portfolio.
  • 6X Bonus: Earn 6X Hilton Honors Bonus Points for each dollar of eligible purchases on your card at U.S. restaurants, U.S. supermarkets, and U.S. gas stations.
  • 3X Bonus: Earn 3X Hilton Honors Bonus Points for all other eligible purchases on your card.
  • Spend $40,000 on eligible purchases on your Card in a calendar year and you can earn Hilton Honors Diamond status through the end of the next calendar year.
  • Terms Apply

American Express Cash Magnet Card

  • Welcome Offer: Earn a $150 statement credit after you spend $1,000 or more in purchases with your new Card within the first 3 months of Card Membership.
  • Earn an additional $100 statement credit after you spend an additional $6,500 in purchases within your first 12 months.
  • Unlimited 1.5% Cash Back on your purchases.
  • Cash Back is received in the form of Reward Dollars that can be easily redeemed for statement credits, gift cards, and merchandise.
  • 0% for 15 months on purchases and balance transfers, then a variable rate, currently 14.74% to 25.74%.
  • No Annual Fee.
  • Terms Apply.

The Platinum Card® from American Express

  • Welcome Offer: Earn 60,000 Membership Rewards points after you use your new card to make $5,000 in purchases in your first 3 months.
  • Uber Bonus: Up to $200 for Uber rides annually.
  • 5X Membership Rewards points on flights booked directly with airlines or with American Express Travel.
  • 5X Membership Rewards points on eligible hotels booked on amextravel.com.
  • Receive complimentary benefits with an average total value of $550 with Fine Hotels & Resorts. Learn More.
  • $200 Airline Fee Credit, up to $200 per calendar year in baggage fees and more at one qualifying airline.
  • $550 annual fee.
  • Terms Apply

Gold Delta SkyMiles® Credit Card from American Express

  • Welcome Offer: Earn 30,000 Bonus Miles after you make $1,000 in purchases on your new card within your first 4 months. Offer expires on 9/19/2018.
  • Earn a $50 statement credit once you make your first Delta purchase within the first three months.
  • Earn 2 miles for every dollar spent on eligible purchases made directly with Delta.
  • Earn 1 mile for every eligible dollar spent on purchases.
  • Check your first bag free on Delta flights
  • Priority Boarding.
  • $0 introductory annual fee for the first year, then $95.
  • Terms Apply

Blue Delta SkyMiles® Credit Card from American Express

  • Welcome Offer: Earn 10,000 bonus miles after spending $500 in purchases on your new Card in your first 3 months.
  • 2 Miles Rewards: Earn 2 miles per dollar at US restaurants and on purchases made directly with Delta.
  • 1 Mile Rewards: Earn 1 mile on every eligible dollar spent on purchases.
  • Receive a 20% In-Flight Savings in the form of a statement credit after you use your Card on eligible Delta in-flight purchases of food, beverages, and audio headsets.
  • No Annual Fee.
  • Terms Apply

Hilton Honors Card from American Express

  • Welcome Offer: Earn 75,000 Hilton Honors Bonus Points after you use your new card to make $1,000 in eligible purchases within the first 3 months of Card Membership.
  • Earn 7X Hilton Honors Bonus Points for every dollar of eligible purchases charged directly with a hotel or resort within the Hilton Honors portfolio of brands.
  • Earn 5X Hilton Honors Bonus Points for every dollar of eligible purchases at U.S. restaurants, U.S. supermarkets, and U.S. gas stations.
  • Earn 3X Hilton Honors Bonus Points for all other eligible purchases on your card.
  • No Foreign Transaction Fees.
  • Enjoy complimentary Hilton Honors Silver status with your Card.
  • No Annual Fee.
  • Terms Apply.

American Express Business Credit Cards

Editor’s Pick:For Amex business cards, I give the top pick to the SimplyCash® Business Card from American Express. As a small business owner, I know the value of 5% cash back on office supplies and wireless. Add to that 3% cash back on a category of your choice and no annual fee, and this card is a clear winner.

Marriott Bonvoy Business American Express Card

  • Limited Time Offer: Earn 100,000 bonus Marriott Bonvoy points after spending $5,000 within the first 3 months
  • Earn 6x points at participating Marriott Bonvoy hotels
  • Earn 4x points at U.S. restaurants, U.S. gas stations, U.S. purchases on shipping, and wireless telephone services purchased from U.S. service providers
  • Earn 2x points on all other eligible purchases
  • Receive 1 Free Night Award each year after your Card account anniversary you can use at a participating hotel.
  • Enjoy complimentary Marriott Bonvoy Silver Elite status.
  • Earn Gold Elite status after spending $35,000 on eligible purchases on your card in a calendar year.
  • Annual fee is $125 (if applied for the card before 3/27/2019, the annual fee for the first year is waived, then $95)

Hilton Honors American Express Business Credit Card

  • Welcome Offer: Earn 125,000 Hilton Honors Bonus Points after you spend $3,000 in eligible purchases in the first 3 months of Card Membership.
  • Earn 2X at hotels and resorts in the Hilton portfolio
  • Earn 6X on Select Business & Travel Purchases
  • Earn 3X Everywhere Else. Terms & Limitations Apply.
  • Enjoy complimentary Gold status with your Hilton Honors Business Card.
  • Earn a Weekend Night Reward from Hilton Honors after you spend $15,000 in purchases on your card in a calendar year.
  • Earn another Weekend Night Reward from Hilton Honors after you spend an additional $45,000 in purchases on your card in the same calendar year.
  • Enjoy 10 free airport lounge visits each year once enrolled in complimentary Priority Pass(TM) Select membership, which offers access to over 1,000 lounges in over 120 countries.
  • Terms apply.

The Plum Card® from American Express

  • Early Payoff Discount: Get a 1.5% discount when you pay early, with no cap on what you can earn back.
  • Take up to 60 days to pay with no interest, if you pay your minimum due.
  • Additional Employee Cards at no annual fee – and an early pay discount on employee spending.
  • No Foreign Transaction Fees.
  • Introductory annual fee of $0 for the first year, then $250
  • Terms & Restrictions Apply.