The Citi Double Cash card is a great way to earn 2% cashback with no annual fee. Plus, the card is even more valuable if you have a Citi Premier or Prestige card that earns ThankYou points, because $1 in cashback can be converted to 100 ThankYou points, which can be subsequently transferred to airlines points programs.
Double Cash Card Details
Application Link: Citi Double Cash
Current Bonus: $0 (The card rarely has a sign-up bonus, but offers 0% APR for 18 months on balance transfers with a 3% balance transfer fee.)
Annual Fee: $0
Rewards: The Citi Double Cash card earns 2% cashback in the form of 1% when you make a purchase and 1% when you pay off your balance.
ThankYou Points: If you have a Citi Premier or Prestige, you can convert $1 in cash back to 100 ThankYou Points, which can be transferred to several different airlines. We value ThankYou points around 1.5 cents, so the Double Cash card effectively earns about 3% in value for all of your spending.
Double Cash Card Benefits
The Citi Double Cash card offers no card benefits such as no foreign transaction fees, purchase protection, extended warranty, etc.