The Citi Double Cash® Card 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:
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 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 provides a 0% intro APR on balance transfers for 18 months, and then the ongoing APR of 18.49%-28.74% 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
The Citi Double Cash® Card earns Citi ThankYou points, which may be redeemed 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.
You can also transfer your points to multiple Citi travel partners, although transfer ratios will vary and may not be ideal.
Full list of Citi transfer partners
Transfer ratios will vary depending on which card you have.
Airlines
American Airlines (1:1 or 1:0.7 ratio).
Air France/KLM (1:1 or 1:0.7 ratio).
Asia Miles (1:1 or 1:0.7 ratio).
Avianca (1:1 or 1:0.7 ratio).
Emirates (1:0.8 or 1:0.56 ratio).
Etihad (1:1 or 1:0.7 ratio).
Eva Air (1:1 or 1:0.7 ratio).
Japan Airlines (1:1 or 1:0.7 ratio).
JetBlue (1:1 or 1:0.7 ratio).
Qantas (1:1 or 1:0.7 ratio).
Qatar Airways (1:1 or 1:0.7 ratio).
Singapore Airlines (1:1 or 1:0.7 ratio).
Thai Airways (1:1 or 1:0.7 ratio).
Turkish Airlines (1:1 or 1:0.7 ratio).
Virgin Atlantic (1:1 or 1:0.7 ratio).
Hotels
Accor Live Limitless (2:1 or 2:0.7 ratio).
Choice Hotels (1:1.5 or 1:1.05 ratio).
The Leading Hotels of the World (5:1 or 5:0.7 ratio).
Preferred Hotels & Resorts (1:2 or 1:1.4 ratio).
Wyndham (1:1 or 1:0.7 ratio).
Events
Virgin Red (1:1 or 1:0.7 ratio).
Citi Entertainment feature
The Citi Double Cash® Card grants you special access to presale tickets and exclusive experiences for eligible concerts, sporting events, dining and more.
» MORE: What is Citi Entertainment?
