When it comes to earning credit card points, you need to understand many different types. Rewards your credit card To find the right fit. Some people benefit most from reward credit cards that offer a variety of bonus categories, or Travel credit cards This will allow you to earn points that are suitable for airfares, hotels and other travel bookings. However, there is Cashback Credit Card To consider, include those that allow you to earn a flat rate of compensation for each dollar you spend.
City Double Cash® Card Because of its flat-rate occupancy rate, it is one of the top reward credit cards in the latter category, but this card is also popular with consumers who need to consolidate and pay off high-profit debts.
if you want to Earn the highest flat cashback If possible, or if you need to pay off your debt, Citi’s double cash should be at the top of the list. Read on for the main details of this offer, including the benefits you can get if you sign up. If this card is worth it for you.
City Double Cash Card Benefits
Flat cashback rewards
Cardholders signing up for Citi Double Cash will have the opportunity to earn a total of 2% cashback for each dollar they spend. To earn cashback, at least pay on time. You will receive cashback in the form of appreciation points. This can be redeemed as a statement credit, check, or direct deposit to your bank account. You can also apply points to travel and gift cards and purchase them when you check out on Amazon.com.
City Double Cash does not charge an annual fee and there is no limit to the rewards you can earn.
0% intro APR balance transfer
Apart from that, this card offers an intro 0% Intro APR for 18 months with balance transfers made in the first four months of account opening, then 18.24%-28.24% (variation) percentage based on credit score. This perk doesn’t necessarily combine well with the reward aspect of this card, but you can use it to consolidate and repay high profits from other cards, saving money along the way.
Double Cash’s Intro APR offers apply only to the balance of transfers, not purchases. With that in mind, if you have a monthly balance, you need to know that purchases purchased with a card will earn interest in the regular variable APR.
If you plan to use this card’s intro APR offer Consolidate debtwe recommend that you do not use your card to purchase while paying off your old balance. This allows you to focus on debt repayments without being fascinated by rewards and gaining new balances that you can’t afford to pay back. Also, don’t forget to not earn cashback on your balance transfer.
Example of balance transfer
Amounts that can save if Transfer balance Citi has twice as much cash on your situation. But let’s consider an example. Suppose you are borrowing $6,500 in credit card debt with a 21% APR.
Suppose you can pay $375 a month for your balance: you can pay the debt in 21 months and pay $1,313 in interest.
If you transfer your $6,500 balance to twice Citi’s cash, you will be paying a 3% (minimum $5) intro Balance transfer fee If you complete within four months of opening your account (after whichever fee is 5% or $5, whichever is greater, for subsequent balance transfers). This means you will begin paying off your debt with a balance of $6,695. If you pay $375 a month, you can pay your balance in about 18 months with an interest fee of $0. This saves you over $1,100.
Check out: Bankrate Balance Transfer Calculator
5% cashback on your city trip booking
Until December 31, 2025, you will earn a total of 5 appreciation points for every thing spent booking hotel and car rentals through the City Travel Portal. This is a 3% cashback, plus a normal 1% at purchase and 1% at payment. You must use a Citi Double Cash Card when you receive this perk to book a hotel, car rental or attraction using the Citi Travel portal. Airfares are excluded.
Other City’s double cash protection and benefits
Citi Double Cash doesn’t have many consumer protections or perks, but there are a few people to watch out for. Consider the following benefits and how you use it when measuring the total value of this offer:
Identity Theft Protection Program
After registration, this MasterCard program will monitor your information and alert you if any suspicious activity is detected.
0 dollar liability for unauthorized claims
You do not have to pay any fees placed on a card that is not permitted by you or another cardholder.
City Entertainment
City Double Cash will give you access to special presenter tickets and events that may not be open to the public. Events available internally City Entertainment It can include concerts, sporting events, cooking experiences and more.
Tap to use payments and digital wallet
You can add a double cash card to your mobile wallet and pay with a tap with a contactless card reader.
Flexible redemption options
City Double Cash is a mental cashback credit card, but there are several different options when it comes to redeeming rewards. The rewards you earn will be deposited at the rate of 1 appreciation point per dollar as a thank you point at the end of each billing cycle.
- Cashback or statement credits. Once your reward balance is at least $5, you can request a reward check by email. You can also request a Statement Credit Ask for direct deposits on a card of any amount or into a linked City Check or savings account. You can also request direct deposits to a non-CITI bank account, as long as you use that account to pay at least twice a CITI credit card bill.
- Charitable donations. Citi can be arranged to send checks to participating charities with sects of $10, $25, $50, or $100.
- Shopping with points. Points can be applied to purchases with participating partner merchants.
- trip. Redeem points through the Thankyou Travel Center for booking airfares, hotels, car rentals, attractions and more.
- Gift card. Redeem your thanks points for physical or electronic gift cards and gift certificates.
Maximize the benefits of a City Double Cash Card
If you are thinking of signing up for Citi Double Cash, we recommend that you understand your goals first. Here are two strategies to consider when you become a card member:
Earn rewards for all purchases
With City Double Cash you can earn one of the best flat rates of all cashback credit cards. Bonus Categories Or limit. Use your card for all your expenditures and regular bills and earn a total of 2% cashback per spend. It costs 1% if you buy it, and 1% if you pay it off.
Consolidate and pay high profit debt
Instead of focusing on rewards, you can use Citi Double Cash to consolidate and pay off your high-profit debts. We recommend that you transfer as many high-profit obligations as possible to this card as possible and figure out how to pay as much as possible within 18 months. Don’t forget that the remaining balance you have will start to gain interest in the regular variable APR after your offer is finished.
Conclusion
There are several strategies you can use to make the most of your City Double Cash Card. Still, you need to spend time Compare City Double Cash Cards Benefits of benefits you can get from other reward credit cards.
If you are unable to decide on a single reward credit card for your wallet, you can also pair several cards with different reward structures and perks. Be sure to investigate Top credit card combinations Before you decide.
