Citi Double Money Card evaluate: 2% money again on all the pieces

The Citi Double Money® Card (see charges and charges) is among the easiest and most rewarding cash-back rewards playing cards. It earns 2% money again on all purchases — 1% whenever you make a purchase order and one other 1% whenever you pay it off — making it a hard-to-beat card, particularly whenever you think about no annual price. Plus, you’ll be able to convert your rewards to totally transferable ThankYou factors should you additionally produce other choose Citi playing cards. Card score*: ⭐⭐⭐⭐

*Card score is predicated on the opinion of TPG’s editors and isn’t influenced by the cardboard issuer.

The Citi Double Money Card is the cash-back card I like to recommend most to family and friends. In case you’re incomes lower than 2% again in your credit score or debit card purchases, you’ll be able to profit from how the Citi Double Money Card earns as much as 2% money again on all purchases (given as 1% whenever you make a purchase order, plus 1% as you pay that buy off).

We advocate candidates have a good credit score rating of 580 or increased to extend their possibilities of getting accredited for the Citi Double Money Card.

You may mechanically earn cash-back rewards within the type of ThankYou factors that you would be able to redeem for assertion credit and extra. However you may unlock higher-value redemption choices should you additionally maintain a Citi Strata Premier℠ Card (see charges and charges) or Citi Status® Card (now not obtainable to new candidates), as you’ll be able to then convert your rewards to totally transferable ThankYou factors.

Better of all, the Citi Double Money does not cost an annual price, so preserving it in your pockets yr after yr is a no brainer. Let’s take a better have a look at this easy but worthwhile card.

The data for the Citi Status has been collected independently by The Factors Man. The cardboard particulars on this web page haven’t been reviewed or supplied by the cardboard issuer.

Proper now, the Citi Double Money is providing $200 money again after you spend $1,500 on purchases within the first six months of account opening.

This card normally does not supply a welcome bonus, so something you will get is a cherry on high.

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Associated: Why the Citi Double Money will at all times have a spot in my pockets

The Citi Double Money Card does not supply many different standout advantages or perks as a no-annual-fee card. Nevertheless, it does supply:

• A chip-enabled card to make use of at retailers that help contactless pay
• $0 legal responsibility on unauthorized fees
• Entry to Citi Leisure, which gives particular entry to buy tickets to hundreds of occasions
• Enrollment in complimentary ID theft safety that screens your data and alerts you if suspicious exercise is discovered

Word that the Citi Double Money additionally has a 3% overseas transaction price. As such, you may need to have an alternate card with out overseas transaction charges to make use of when touring exterior the U.S.

Associated: What credit score rating do it’s worthwhile to get the Citi Double Money Card?

Incomes rewards on the Citi Double Money

You may earn money again within the type of ThankYou factors with restricted transferability whenever you make purchases with the Citi Double Money. Cardmembers earn 1% money again once they purchase and 1% once they pay for his or her purchases.

Citi Double Money cardmembers can earn 5% whole cash-back rewards — 3% money again on high of that customary 1% whenever you purchase and 1% whenever you pay — on resorts, automotive leases and sights booked by means of the Citi Journey web site by means of Dec. 31, 2025.

Your card account should be present to earn rewards. This implies you should pay at the very least the minimal fee due by the primary day of every billing interval — though it is best apply to pay your assertion in full every time attainable.

Associated: Finest 2%-cash-back bank cards

The Citi Double Money Card earns ThankYou factors with restricted transferability. The worth you may get when redeeming these ThankYou factors will differ relying in your chosen redemption. Here is a have a look at redeeming the ThankYou factors you earn with the Citi Double Money Card.

Redeem for money again

If you need the best redemption choice that also supplies good worth, you’ll be able to redeem for cash-back rewards at a price of 1 cent per level. You’ll be able to request this money again as an announcement credit score or direct deposit of any quantity. Alternatively, you’ll be able to request a verify within the mail should you redeem for at the very least $5 in cash-back rewards.

Redeem for present playing cards

You too can redeem your ThankYou factors for present playing cards, though the redemption price will differ relying on the service provider. You may normally discover the very best redemption charges within the sale part, the place I discovered a $25 Crimson Lobster present card on sale for two,250 factors (a redemption price of 1.11 cents per level).

E-book journey

You’ll be able to redeem Citi ThankYou factors earned with the Citi Double Money Card towards resorts, flights, rental automobiles and sights you guide by means of the Citi Journey portal. Within the instance searches I did for every sort of journey reserving, I may get 1 cent per level every when redeeming factors from my Citi Double Money account.

Store with factors

You too can redeem Citi ThankYou factors on the following retailers by means of the Store with Factors program:

• 1-800-Flowers
• Amazon
• Finest Purchase
• BP/Amoco
• CVS
• Greenback Common
• Big Eagle
• HomeGoods
• Marshalls
• Murphy USA
• Paypal
• Schnucks
• Shell
• TJ Maxx
• Walgreens
• Walmart

Nevertheless, whenever you Store with Factors, you may normally get a redemption price of lower than 1 cent per level. We advocate redeeming for an announcement credit score or direct deposit as a substitute of utilizing Store for Factors.

Donate your factors

You too can donate your ThankYou factors to numerous charities, beginning at 1,000 factors per donation. Nevertheless, it is going to normally be higher to get an announcement credit score or direct deposit after which donate to a charity of your selection should you really feel beneficiant.

Switch your factors

As mentioned within the subsequent part, you’ll be able to redeem your factors by transferring them to different Citi ThankYou Rewards members or journey loyalty applications.

Associated: Redeeming Citi ThankYou factors for max worth

You’ll be able to switch factors you earn together with your Citi Double Money Card in two main methods. Firstly, you’ll be able to switch as much as 100,000 ThankYou factors per calendar yr to different ThankYou members. Nevertheless, know that factors transferred to different members expire 90 days after receiving them.

You too can switch Citi ThankYou factors to pick loyalty companions. If you do not have the Citi Strata Premier or Citi Status card, you may solely have the choice to switch to 4 loyalty companions:

• Alternative Privileges: 1,000 ThankYou factors could be transformed to 1,500 Alternative factors
• JetBlue TrueBlue: 1,000 ThankYou factors could be transformed to 800 JetBlue factors
• Store Your Means: 1 ThankYou level could be transformed to 10 Store Your Means factors
• Wyndham Rewards: 1,000 ThankYou factors could be transformed to 800 Wyndham factors

In case you even have the Citi Strata Premier or Citi Status, you’ll be able to mix the ThankYou factors out of your Citi Double Money Card with the ThankYou factors from one in all these playing cards. Whenever you do that, you can use your ThankYou factors as should you earned them together with your Citi Strata Premier or Citi Status, together with transferring them to all the customary Citi ThankYou Rewards companions.

Associated: 5 of the very best Citi ThankYou Rewards redemption candy spots

• If you need extra advantages: The Wells Fargo Energetic Money® Card has no annual price(see charges and charges) and gives 2% money rewards on all purchases, and consists of worthwhile mobile phone safety. For extra data, learn our Wells Fargo Energetic Money evaluate.
• If you have already got (or plan to get) a Chase Final Rewards card: The Chase Freedom Limitless® has no annual price and is price contemplating if you have already got (or plan to finally get) a card that earns Chase Final Rewards factors. The cardboard earns at the very least 1.5% cash-back rewards on all purchases and gives the chance to transform your cash-back rewards to transferable factors when you have a Chase Final Rewards card. For extra data, learn our full evaluate of the Chase Freedom Limitless.
• If you need a card with bonus classes, The Chase Freedom Flex® has no annual price and earns 5% on the primary $1,500 spent every quarter in choose rotating classes. Just like the Freedom Limitless, you’ll be able to convert your money again to Final Rewards should you maintain an Final Rewards incomes card. For extra data, learn our full evaluate of the Chase Freedom Flex.

For added choices, try our full record of the greatest cash-back rewards playing cards.

Associated: How to decide on a cash-back bank card

The Citi Double Money is a superb selection should you’re in search of easy cash-back rewards with out worrying about spending classes. You too can use it as half of a bigger Citi bank card technique. In any case, you will get extra worth from Double Money rewards when you might have a premium Citi ThankYou card and may make the most of the total set of Citi ThankYou switch companions.

One TPG reader had a number of positives to share on their expertise with the Citi Double Money, reflecting on the professionals of the cardboard:

“Citi double money. It’s easy, [annual] price free and good customer support.” — Burt Eichler by way of a TPG e-newsletter survey

Word: Reader-submitted responses haven’t been edited, reviewed or accredited by the issuers nor mirror TPG’s opinions of those playing cards.

In case you’re trying to earn money again in an easy manner with out paying an annual price, the Citi Double Money may very well be price including to your pockets.

Associated: Why the Citi Double Money Card is an integral a part of my technique to beat inflation

However even should you do like to maximise bonus classes with different playing cards, it may well additionally function an on a regular basis spending card on your non-bonus class purchases. You probably have a premium Citi bank card just like the Citi Strata Premier, you’ll be able to unlock extra switch companions for the rewards you earn together with your Citi Double Money Card.

Apply right here: Citi Double Money Card