Citi® Double Cash Card full review

Cashback credit cards may be tricky and very complex, but this card is different. Check out our review on the Citi® Double Cash Card.

What do I need to know about the Citi® Double Cash Card?

Confusion surrounds credit cards. There are so many features, and so much to consider.

Even the terms used to describe credit cards sound confusing: secondary auto insurance, bonus categories, introductory rates, APR, annual fees, flexible points, transfer ratios, etc.

Does knowing these things require a doctorate in economics?

We adore the Citi Double Cash credit card because of this. Simply put, it’s easy. It is easy to comprehend, use, and redeem the cash back.

You won’t fall behind in rewards, though, as the Citi Double Cash consistently earns a market-leading 2% APR on everything you buy – 1% when you make a purchase and an additional 1% when you pay it off.

Additionally, it has absolutely no annual fees, ever, making it essentially a card you can carry around in your pocket or purse without ever having to worry.

Keep on reading and learn more about this amazing card that is the Citi® Double Cash Card!

How does the Citi® Double Cash Card work?

The Citi Double Cash Card has a straightforward rewards program. The card offers 2% cash back on all transactions, though it isn’t quite as simple as a card with a flat 2% cash-back rate.

Customers who pay at least the minimum amount due on time will receive 1% cash back when the purchase is made and a second 1% cash back when it is paid off.

ThankYou points are received as rewards.

Because there are no bonus categories, every purchase qualifies for the same earning potential, and because there is no reward cap, there is no upper limit to the number of rewards that can be earned.

Balance transfers, cash advances, account fees, interest, and later-returned purchases are not eligible for rewards.

As long as the payment is paid on time, the incentives offered by the Citi Double Cash Card are generally not too difficult to obtain.

There are several options to redeem ThankYou points, from receiving cash back to transferring your points to Citi’s travel partners.

The Citi Double Cash Card makes it easy to convert incentives into cash back; you may choose between a statement credit, check, or direct deposit (each point equals 1 cent).

Citi ThankYou Points can be transferred to a number of partners, such as Air France/KLM Flying Blue, Singapore Airlines, JetBlue, and more if you have an eligible Citi travel card.

Gift cards, using points to pay for online purchases at participating retailers, and exchanging points with other Citi ThankYou members are additional redemption options.

How much can you gain with this card?

We must take into account the annual credit card spending of an American household in order to assess the rewards potential of the Citi Double Cash Card.

The household income in the 70th percentile, which is $107,908 annually, serves as our benchmark for spending.

According to Forbes Advisor, the household’s allowable credit card charges for expenses total $32,072.

 After all, transactions have been paid off, the Citi Double Cash Card will earn 64,144 points annually at a rate of two points for every dollar spent. These points are redeemable for $641.44 in cash back.

Citi® Double Cash Card’s main benefits

High rewards rate

1% used to be the industry norm for cash back. The Citi® Double Cash Card, as its name suggests, virtually doubles that rate by giving 1% back on purchases and 1% back after paying the bill.


With the Citi® Double Cash Card, you may be a lazily efficient optimizer and use the same card repeatedly without considering where you’re using it or whether the bonus spending category cap has been met.


Protection against identity theft that monitors activities and notifies cardholders of any unusual activity to assist alleviate identity theft anxiety.
Citi Identity Theft Solutions offers free services if your personal information has been used in fraud or theft.

How to apply for the Citi® Double Cash Card?

Check out our post on how to apply for the Citi® Double Cash Card if you’re interested in the benefits the card has to offer.

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