Citi Double Money Card overview
The Citi Double Money® Card (see charges and costs) is likely one of the easiest and most rewarding cash-back rewards playing cards. It earns 2% money again on all purchases — 1% if you make a purchase order and one other 1% if you pay it off — making it a hard-to-beat card, particularly if you consider no annual price. Plus, you may convert your rewards to totally transferable ThankYou factors if you happen to additionally produce other choose Citi playing cards. Card ranking*: ⭐⭐⭐⭐
*Card ranking 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. When you’re incomes lower than 2% again in your credit score or debit card purchases, you may profit from how the Citi Double Money Card earns as much as 2% money again on all purchases (given as 1% if you make a purchase order, plus 1% as you pay that buy off).
We suggest candidates have a good credit score rating of 580 or greater to extend their possibilities of getting accepted for the Citi Double Money Card.
You will routinely earn cash-back rewards within the type of ThankYou factors which you could redeem for assertion credit and extra. However you will unlock higher-value redemption choices if you happen to additionally maintain a Citi Strata Premier℠ Card (see charges and costs) or Citi Status® Card (not obtainable to new candidates), as you may 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 more in-depth have a look at this straightforward but precious card.
The info 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.
Citi Double Money welcome supply
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 often does not supply a welcome bonus, so something you may get is a cherry on prime.
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Associated: Why the Citi Double Money will at all times have a spot in my pockets
Citi Double Money advantages
The Citi Double Money Card does not supply many different standout advantages or perks as a no-annual-fee card. Nonetheless, it does supply:
- A chip-enabled card to make use of at retailers that help contactless pay
- $0 legal responsibility on unauthorized expenses
- Entry to Citi Leisure, which presents particular entry to buy tickets to 1000’s of occasions
- Enrollment in complimentary ID theft safety that screens your info and alerts you if suspicious exercise is discovered
Word that the Citi Double Money additionally has a 3% international transaction price. As such, you will need to have an alternate card with out international transaction charges to make use of when touring exterior the U.S.
Associated: What credit score rating do that you must get the Citi Double Money Card?
Incomes rewards on the Citi Double Money
You will earn money again within the type of ThankYou factors with restricted transferability if 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 prime of that normal 1% if you purchase and 1% if you pay — on resorts, automobile leases and points of interest booked via the Citi Journey web site via Dec. 31, 2025.
Your card account have to be present to earn rewards. This implies you could pay no less than the minimal cost due by the primary day of every billing interval — though it is best follow to pay your assertion in full every time attainable.
Associated: Greatest 2%-cash-back bank cards
Redeeming rewards on the Citi Double Money
The Citi Double Money Card earns ThankYou factors with restricted transferability. The worth you will get when redeeming these ThankYou factors will range 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 would like the only redemption choice that also supplies good worth, you may redeem for cash-back rewards at a charge of 1 cent per level. You may request this money again as an announcement credit score or direct deposit of any quantity. Alternatively, you may request a test within the mail if you happen to redeem for no less than $5 in cash-back rewards.
Redeem for present playing cards
You can even redeem your ThankYou factors for present playing cards, though the redemption charge will range relying on the service provider. You will often discover the best redemption charges within the sale part, the place I discovered a $25 Purple Lobster present card on sale for two,250 factors (a redemption charge of 1.11 cents per level).
E book journey
You may redeem Citi ThankYou factors earned with the Citi Double Money Card towards resorts, flights, rental automobiles and points of interest you ebook via the Citi Journey portal. Within the instance searches I did for every sort of journey reserving, I might get 1 cent per level every when redeeming factors from my Citi Double Money account.
Store with factors
You can even redeem Citi ThankYou factors on the following retailers via the Store with Factors program:
- 1-800-Flowers
- Amazon
- Greatest Purchase
- BP/Amoco
- CVS
- Greenback Normal
- Big Eagle
- HomeGoods
- Marshalls
- Murphy USA
- Paypal
- Schnucks
- Shell
- TJ Maxx
- Walgreens
- Walmart
Nonetheless, if you Store with Factors, you will often get a redemption charge of lower than 1 cent per level. We suggest redeeming for an announcement credit score or direct deposit as an alternative of utilizing Store for Factors.
Donate your factors
You can even donate your ThankYou factors to varied charities, beginning at 1,000 factors per donation. Nonetheless, it is going to often be higher to get an announcement credit score or direct deposit after which donate to a charity of your alternative if you happen to really feel beneficiant.
Switch your factors
As mentioned within the subsequent part, you may redeem your factors by transferring them to different Citi ThankYou Rewards members or journey loyalty applications.
Associated: Redeeming Citi ThankYou factors for max worth
Transferring factors on the Citi Double Money
You can even switch Citi ThankYou factors to pick loyalty companions. If you do not have the Citi Strata Premier or Citi Status card, you will solely have the choice to switch to 4 loyalty companions:
- Alternative Privileges: 1,000 ThankYou factors may be transformed to 1,500 Alternative factors
- JetBlue TrueBlue: 1,000 ThankYou factors may be transformed to 800 JetBlue factors
- Store Your Approach: 1 ThankYou level may be transformed to 10 Store Your Approach factors
- Wyndham Rewards: 1,000 ThankYou factors may be transformed to 800 Wyndham factors
When you even have the Citi Strata Premier or Citi Status, you may mix the ThankYou factors out of your Citi Double Money Card with the ThankYou factors from one in every of these playing cards. Once you do that, you’ll use your ThankYou factors as if you happen to earned them along with your Citi Strata Premier or Citi Status, together with transferring them to all the normal Citi ThankYou Rewards companions.
Associated: 5 of the very best Citi ThankYou Rewards redemption candy spots
Which playing cards compete with the Citi Double Money?
The Citi Double Money Card is a superb option to earn 2% money again (1% if you make a purchase order and one other 1% if you pay it off). However, there are three main conditions the place a special cash-back rewards card may be higher for you:
- If you would like extra advantages: The Wells Fargo Energetic Money® Card has no annual price(see charges and costs) and presents 2% money rewards on all purchases, and consists of precious mobile phone safety. For extra info, learn our Wells Fargo Energetic Money assessment.
- If you have already got (or plan to get) a Chase Final Rewards card: The Chase Freedom Limitless® has no annual price and is value contemplating if you have already got (or plan to finally get) a card that earns Chase Final Rewards factors. The cardboard earns no less than 1.5% cash-back rewards on all purchases and presents the chance to transform your cash-back rewards to transferable factors when you have a Chase Final Rewards card. For extra info, learn our full assessment of the Chase Freedom Limitless.
- If you would like 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 may convert your money again to Final Rewards if you happen to maintain an Final Rewards incomes card. For extra info, learn our full assessment of the Chase Freedom Flex.
For extra choices, take a look at our full listing of the very best cash-back rewards playing cards.
Associated: How to decide on a cash-back bank card
Is the Citi Double Money value it?
The Citi Double Money is a superb alternative if you happen to’re on the lookout for easy cash-back rewards with out worrying about spending classes. You can even use it as half of a bigger Citi bank card technique. In any case, you may get extra worth from Double Money rewards when you’ve gotten a premium Citi ThankYou card and might make the most of the complete 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 accepted by the issuers nor mirror TPG’s opinions of those playing cards.
When you’re seeking to earn money again in an easy means with out paying an annual price, the Citi Double Money might be value including to your pockets.
Associated: Why the Citi Double Money Card is an integral a part of my technique to beat inflation
Backside line
When you’re on the lookout for a cash-back bank card the place you do not have to fret about bonus classes, the Citi Double Money Card might very nicely be the precise card for you.
However even if you happen to do like to maximise bonus classes with different playing cards, it may possibly additionally function an on a regular basis spending card in your non-bonus class purchases. When you have a premium Citi bank card just like the Citi Strata Premier, you may unlock extra switch companions for the rewards you earn along with your Citi Double Money Card.
Apply right here: Citi Double Money Card
