Annual fee: Neither card has an annual fee.
Rewards: The Citi Double Cash Card – 18 month BT offer offers 1% cash back on purchases and 1% cash back when you pay for purchases. The Chase Freedom Unlimited card earns 5% cash back on travel purchased through Chase Ultimate Rewards, 3% cash back on dining and drugstore purchases, and 1.5% cash back on all other purchases.
Sign-up bonus: The Citi Double Cash Card – 18 month BT offer does not offer a sign-up bonus. Chase Freedom Unlimited cardholders earn a 1.5% bonus on everything you buy (on up to $20,000 spent in the first year) – worth up to $300 cash back. That’s 6.5% on travel purchased through Chase Ultimate Rewards®, 4.5% on dining and drugstores, and 3% on all other purchases.
Benefits: The Citi Double Cash Card – 18 month BT offer offers benefits including exclusive access to entertainment ticket purchases, identity theft support and fraud protection, 24/7 customer service, lost wallet service, digital wallet and contactless pay, and zero dollar liability on unauthorized charges. Chase Freedom Unlimited cardholders have a variety of consumer benefits, including zero liability protection, purchase protection and extended warranty protection.
Annual fee: Neither card has an annual fee.
Rewards: The Citi Double Cash Card – 18 month BT offer gives you 1% cash back on every purchase and another 1% when you pay it off. Chase Freedom Flex rewards cardholders with 5% cash back on purchases in select bonus categories you activate quarterly, grocery store purchases and travel purchased through Chase Ultimate Rewards; 3% back on dining and drugstore purchases; and 1% back on all other eligible purchases.
Sign-up bonus: The Citi Double Cash Card – 18 month BT offer does not offer a sign-up bonus. The Chase Freedom Flex offers a $200 cash bonus after you spend $500 on purchases in your first 3 months from account opening.
Benefits: With the Citi Double Cash Card – 18 month BT offer, you receive exclusive access to entertainment ticket purchases, identity theft support and fraud protection, 24/7 customer service, lost wallet service, digital wallet and contactless pay, and concierge service. With the Chase Freedom Flex, you receive purchase protection, cellphone protection if you pay your phone bill with the card, three free months of DashPass to use with the DoorDash and Caviar food delivery apps, travel and emergency assistance, and trip cancellation or interruption insurance.
How to Earn Rewards With the Citi Double Cash Card – 18 month BT offer
You’ll earn 1% cash back on purchases and 1% cash back when you pay for purchases provided your account is current. This makes the Citi Double Cash Card – 18 month BT offer rewards structure great for consumers who don’t like having to track earnings categories. And with no annual fee, the card lets you keep all the cash back you earn, provided you don’t carry a balance and incur interest charges.
Rewards are earned in two parts: You earn 1% back when you make a purchase and 1% back on the payments you make toward that purchase. If you don’t make at least the minimum payment on time, you won’t earn any rewards on purchases during that billing cycle.
You also stop earning cash back after your account is closed. So if you are a bit lax in paying off your credit cards, this may not be a good rewards structure for you.
How to Redeem Rewards With the Citi Double Cash Card – 18 month BT offer
Cardholders can redeem rewards as a check, as a statement credit to your Citi Double Cash Card – 18 month BT offer, as a credit to a linked Citi savings or checking account, or to an account from which you’ve paid a Citi credit card bill at least two times. To do any of the above, you need a cash rewards balance of at least $25.
Citi also offers ThankYou Points, which can be purchased for as little as $1 in cash rewards. You can use ThankYou Points to shop online and in-person at participating partners, like Amazon.com, to buy gift cards to major brands, make charitable contributions, pay off your student loan or mortgage, or as a statement credit. To learn more about ThankYou Point redemption options, go to thankyou.com.
What Is the Citi Double Cash Card – 18 month BT offer’s APR?
The Citi Double Cash Card – 18 month BT offer offers a 0% introductory APR on balance transfers. You’ll pay no interest on transferred balances for 18 months. After that, you’ll have an APR of 18.24% – 28.24% (Variable), depending on your creditworthiness.
If you’re looking to pay off other credit card balances, the Citi Double Cash Card – 18 month BT offer can be a good option, provided you finish making payments within the 18-month 0% APR period and don’t make any new purchases you can’t pay off each month during that time. If you fail to pay your balance in full, you will start accruing interest on those new purchases.
What Are the Fees Associated With the Citi Double Cash Card – 18 month BT offer?
- Balance transfer fee: The Citi Double Cash Card – 18 month BT offer has a balance transfer fee of intro fee 3% of each transfer ($5 min) completed within the first 4 months of account opening. After that, 5% of each transfer ($5 min).
- Foreign transaction fee: 3% of each transaction.
- Cash advance fee: 5% of each cash advance; $10 minimum.
- Late or returned payment penalty fee: up to $41.
Should You Get a Citi Double Cash Card – 18 month BT offer?
- Want to avoid paying an annual fee.
- Need an introductory 0% APR promotion on balance transfers.
- Don’t want to worry about tracking rewards categories.
- Want to earn cash back on all purchases.
- Pay your balance on time each month.
FAQs About the Citi Double Cash Card – 18 month BT offer
Q: How does Citi Double Cash Card – 18 month BT offer work?
A: Citi Double Cash Card – 18 month BT offer earns 1% cash back on purchases and 1% cash back when you pay for purchases, with no reward cap. This means if you don’t pay your balance in full each month, you won’t get your full 2% back. If you don’t make at least the minimum payment by the due date, you also won’t earn cash back on any purchases made during that billing cycle.
Q: What is the credit limit on Citi Double Cash Card – 18 month BT offer?
A: The credit limit on the Citi Double Cash Card – 18 month BT offer varies. Citi doesn’t disclose a minimum credit limit, but you can generally expect a credit limit of at least $500 and sometimes several thousand dollars.
Q: Is the Citi Double Cash Card – 18 month BT offer a good credit card?
A: The Citi Double Cash Card – 18 month BT offer is a good card for cash back rewards. This no-annual-fee card provides 1% cash back on purchases and 1% cash back when you pay for them.
Where the Citi Double Cash Card – 18 month BT offer falls behind: To earn your full 2% cash back, you must pay off your balance in full. You only earn 1% back when you make a purchase. And if you ever don’t pay at least the minimum due on your card, you won’t earn any rewards on purchases for that period.
While it offers an introductory 18-month 0% APR on balance transfers, the Citi Double Cash Card – 18 month BT offer charges a variable APR that can be as high as 28.24% (depending on your creditworthiness) on new purchases and balance transfers not paid off before that period ends.
Q: Is the Citi Double Cash Card – 18 month BT offer hard to get?
A: Citi Double Cash Card – 18 month BT offer applicants are evaluated based on various factors, including their credit score and payment history. Citi doesn’t disclose the criteria it uses to evaluate applicants, but in general, applicants need good or excellent credit to get the Citi Double Cash Card – 18 month BT offer. Excellent credit is usually a credit score at or nearing 800, while good credit is a credit score falling between approximately 670 and 739.