Citi® Double Cash Card - Cash Back Credit Card (2024)

FAQs

Is the Citi Double Cash a good credit card? ›

The Citi Double Cash is one of the best no-annual-fee cash back cards available. Whether you're looking for a standalone card or want to combine it with other cards, the flat rate earned for all purchases makes it a great option.

Citi Double Cash Card Disadvantages

Balance transfer fee: The balance transfer fee is 3% intro fee ($5 min) for each transfer in first 4 months, after that 5% ($5 min) for each transfer. Foreign transaction fee: You will be charged a fee of 3% when using your card abroad.

A credit score of 580 or higher is recommended when applying for the Citi Double Cash® Card. It used to be hard to get this card without a credit score of 700 or higher, but that's no longer the case. Citi has gotten more lenient with applications for this card.

The Citi Double Cash® Card credit limit is between $500 and $50,000, with $500 being the default minimum credit limit and $50,000 being the highest limit reported by cardholders. Citi doesn't disclose an official maximum, but a good credit score and enough income will likely get you a high limit.

There are a few Citi cards available for people with fair credit, including the Citi Double Cash® Card. In addition, some Citi store cards, such as the Best Buy® Store Card, are relatively easy to get with fair credit (a...

If you want a simple rewards structure, a 2% credit card may be for you. However, not all 2% cash back cards are the same, so do your research to find the best one to fit your spending needs. Combining a 2% cash back card with one that offers larger rewards may be a great way to maximize your earnings.

If your application for the Citi Double Cash® Card was declined, there are a number of possible reasons. A lack of a strong credit history is one. Another factor that could affect your approval is your credit utilization.

Most cards offered by Citi require a good to excellent credit score—670 to over 800. The cards with such requirements are some of the most rewarding cards offered, but there are options if your score is not quite at that level.

Citibank will automatically increase the credit limit for eligible credit card accounts based on periodic account reviews that typically begin six months after an account is opened. Automatic credit limit increases are done at Citibank's discretion, and there's no guarantee when one will occur.

What Citi card has the highest limit? ›

Chip Lupo, Credit Card Writer

The highest minimum credit limit on a Citibank credit card is $2,000 on the Citi Strata Premier℠ Card. Maximum credit limits from Citibank can reportedly be as high as $50,000.

It's generally recommended that you have two to three credit card accounts at a time, in addition to other types of credit. Remember that your total available credit and your debt to credit ratio can impact your credit scores. If you have more than three credit cards, it may be hard to keep track of monthly payments.

If you're not planning any big purchases but would like to transfer your credit card debt to avoid interest, the Citi Double Cash is worth considering since it offers a 0 percent intro APR on balance transfers for 18 months 19.24 percent to 29.24 percent variable APR thereafter).

Rewards can be converted into airline miles and hotel points

The rewards you earn with the Citi Double Cash aren't technically cash — they're a currency called Citi ThankYou Rewards points, which you can redeem for cash or travel booked through Citi at a rate of 1 cent each.