Advertiser Disclosure

Benefits of the Citi Double Cash Card

Its primary feature is a high flat rewards rate on everything, but it also offers flexible redemption and a lengthy intro APR offer on balance transfers.
Aug. 28, 2019
Cash Back Credit Cards, Credit Cards
At NerdWallet, we strive to help you make financial decisions with confidence. To do this, many or all of the products featured here are from our partners. However, this doesn’t influence our evaluations. Our opinions are our own.

The Citi® Double Cash Card – 18 month BT offer is a standout in the crowded field of cash-back credit cards, thanks to its high rewards rate on every purchase and its annual fee of $0.

For consumers who want to maximize rewards while keeping things simple, there’s a lot to love about the card.

Here are the benefits of the Citi® Double Cash Card – 18 month BT offer:

High cash-back rate

The key feature of this card is its high flat rate of 2% back on everything you buy: You’ll earn 1% back when you make purchases and 1% back when you pay them off, as long as you make at least the minimum payment on time each month. Among its competitors in the rewards space, 1.5% cash back is more typical, so the card differentiates itself with this higher rate.

Simplicity of rewards

If you’re the kind of person who doesn’t want to think about rotating categories or opting in to different reward options each quarter, the Citi® Double Cash Card – 18 month BT offer could be the card for you, since you earn a high flat rate back on every purchase without having to take any extra steps.

Attractive intro balance transfer offer

The Citi® Double Cash Card – 18 month BT offer provides an intro 0% on Balance Transfers for 18 months, and then the ongoing APR of 15.99% - 25.99% Variable APR. While you don’t earn cash back on transferred balances, moving an existing balance onto the card can help you avoid accumulating more debt at a high interest rate while you pay it off.

Redemption flexibility

To redeem your cash back, you need to have earned a minimum of $25. Then, you can opt for a statement credit, check or direct deposit into a linked Citi savings or checking account (or another checking account that you’ve used at least twice to pay a Citi credit card bill).

Also, as of fall 2019, Citi says the Citi® Double Cash Card – 18 month BT offer will allow you to convert your cash-back rewards into Citi ThankYou points, which can be redeemed for things like travel, gift cards, purchases at eligible retailers and other options. It’s unclear what the transfer rate will be, however.

» MORE: Citi ThankYou points: How to earn and use them

Citi Entertainment feature

The Citi® Double Cash Card – 18 month BT offer grants you special access to presale tickets and exclusive experiences for eligible concerts, sporting events, dining and more.

More about the card

About the author