Citi Double Cash card for those who pay on time

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at issuer’s secured site
good credit
intro purchase APR 0% for 15 monthsregular APR12.99 - 22.99% (V)
intro BT APR 0% for 15 months 3% BT fee $5 min
rewards 1% +1% for paying off balance
  • earn 1% cash back on all purchases
  • get 1% more when you pay of your purchases in full on time

no annual fee

1% cash back with no limitations

plus 1% more when you pay off balance in full

Editors Review

A new approach to cash back card – you earn 1% cash back when you make purchases and another 1% when you pay the balance off.

Pros

  • 1% cash back on all purchases plus 1% more when you pay it off
  • No caps and no restrictions on cash back – no categories limitations
  • No annual fee
  • Low ongoing APR 12.99%-22.99% based on your creditworthiness
  • 0% intro APR on purchases and balance transfer for 15 month. Do not forget about 3% ($5 min) balance transfer fee
  • First late payment fee waived
  • EMV chip technology and Apple Pay technology enabled – in line with latest innovations in credit card payments in America

Cons

  • 3% Foreign transaction fee

Verdict

A card worth considering if you like cash rewards. No other card with no annual fee on the market can offer you 2% cash back on all purchases without category restrictions or caps. There is only one important notice: you should pay your purchases off to receive this additional 1% back. It is a very good incentive for paying your balance on time.

One of the most paying cash back cards on the market, Chase Freedom offers 5% back on rotation quarterly categories (with $1500 quarterly cap on spending in category) and 1% regular cash back rate.

Although 5% looks more impressive than 2%, you will probably get more with no limited 2% on Double Cash card than 5% with a cap and category limitations on Chase Freedom.

Last updated: 07/25/2016









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