If you have too many balances on too many credit cards and need a chance to fix that all up, the Citi Double Cash Credit Card could be a good option for you. If you apply and get accepted into the Citi program, you can transfer over your balances for free and you don’t have to pay interest on those balances for 18 months. This can be a game changer for folks who have not paid attention to their financial health in the past but have finally decided to make a change.
Beyond the ability to transfer those balances, you do not have to pay an annual fee for the Citi Double Cash Credit Card. Of course, after that 18-month period of no interest on your balance transfer is up, you will pay an interest rate based upon your credit score. Your new purchases on the Citi Double Cash Credit Card will be charged that interest if you don’t pay on time to the tune of somewhere between 15 and 29 percent.
The Citi Double Cash Credit Card does have a rewards program that gives you 1% cash back on the stuff you buy. There is a ton of other stuff you need to know about the card so our editors have done the research and you can learn more about Citi’s card below. Make sure to read everything before making a final decision on whether the card is right for you or not.
What are the Benefits of the Citi Double Cash Credit Card?
With this Citibank credit card, you have the opportunity to earn your cash back twice, hence the name. First, you earn 1% unlimited on every purchase you make and another 1% cash back on all credit card payments made as long as you pay the minimum due. Furthermore, unlike other credit cards, the Citi Double Cash Credit Card has no restricting categories.
As a Citibank customer, you can enjoy exclusive access to several events annually, such as sporting events, concerts, dining experiences, complimentary movie screenings, and more.
You don’t have to worry about the safety of your card as you have 24-hour fraud protection. You will always be alerted in case there is unusual activity going on in your account. If you lose your card, it will be replaced within 24 hours. Better still, you will be provided with emergency cash to your available cash advance limit.
If you plan to travel, you will be able to use your credit on all chip-enabled terminals to make purchases. Furthermore, you won’t be charged for any transaction that you have not authorized, whether online or in person.
This credit card is user-friendly and has a 24-hour standby representative to help in case you need assistance with dining, shopping, or even travel. All you have to do is to give them a call, and they will be at your service.
Citibank has mastered the art of quick and convenient payments. You can make payments with your Citi Double Cash Credit Card in over 200,000 stores using your iPhone 6, iPad miniTM 3, and in-app with the iPad Air® 2.
What’s more, in case you get overwhelmed and forget to pay your credit card statement on time, you get a pass on your first late fee.
What are the Fees of the Citi Double Cash Credit Card?
Anytime you borrow money, you are going to be hit with associated fees. It is best to know what those fees are before you decide a certain card is right for you. Below are the standard fees you must know before making your decision about the card.
- No annual fee
- Annual Percentage Rate (APR) for Purchases: 15.74% to 25.74%, based on your creditworthiness.
- APR for Balance Transfers: 0% introductory APR for 18 months from date of first transfer when transfers are completed within 4 months from date of account opening. After that, your APR will be 15.74% to 25.74%, based on your creditworthiness. These APRs will vary with the market based on the Prime Rate.
- Foreign Purchase Transaction: 3% of each purchase transaction in U.S. dollars.
- APR for Cash Advances: 26.99%
- Late payment: None for the first late payment; up to $39 after that.
If you’re looking for a low fee credit card from a reputable bank that offers cash back and other exclusive perks, the Citi Double Cash Credit Card is a great option. You can find out how to visit the Citibank website just below. If you think the fees and benefits balance out for you then details on application requirements are also provided in the next section.
How to Apply For the Citi Double Cash Credit Card
If you are interested in the Citibank Double Cash Credit Card then you need to know what the eligibility requirements are. And if you are eligible, you can applyonline. To be eligible, you must be a legal citizen of the U.S, 18 years and above, and you should have a social security number. Moreover, you will need to have a steady and sufficient income and be able to show proof of this through pay-slips or tax documents.
To apply, all you need to do is visit the Citibank website and fill out the online application form with the required details. You may also be asked to upload supporting documents. Once you have carefully submitted the information, you will get a notification as of when you should be able to receive your credit card, if approved.
How to Contact Citibank
388 Greenwich St,
New York, NY 10013, United States
Note: There are risks involved when applying for and using a credit card. Please see the bank’s Terms and Conditions page for more information.