![]() Plus, it charges a 3% foreign transaction fee, so it’s not a good card to use when traveling outside the United States. It does not offer a welcome bonus, which many competing cash-back cards do, and its intro APR is limited to balance transfers only and not purchases. However, despite being a solid choice for consumers who want a flat-rate card, the Double Cash falls short in a few respects. There’s an intro balance transfer fee of 3% ($5 minimum) for transfers completed within four months of account opening. In addition, anyone looking to pay off high-interest debt from a non-Citi credit card will appreciate the intro APR offer: 0% for 18 months on balance transfers. And, the Double Cash doesn’t require you to keep track of rotating categories or spending caps. ![]() The card’s simple reward structure makes it perfect for people who don’t like earning elevated rewards in some categories but subpar rates in others, as many cash-back cards do. There are no spending caps and no limit to the amount of cash back you can earn and there’s no annual fee to carry the Double Cash. Cardholders earn a net 2% back per dollar spent - 1% after making the purchase, 1% after making at least the minimum payment due. Though there are now many credit cards on the market offering 2% back on every purchase, the Citi Double Cash did it before it was popular. ![]() Plus, there’s a long 0% introductory APR on balance transfers. Earning a total of 2% cash back – 1% when you buy and 1% when you pay, the Citi Double Cash is a great credit card for people who don’t want to track various spending categories.
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