Description: The article is about citi double cash login. It is is review on the features and advantages on the Citi Double cash card. You can have 0% APR for balance transfers for 18 months and you can benefit a lot from all their options provided for customers.
It’s Vic here with hiya. I want to review the city double cashback credit card. There is a quick introduction. This card is great across the board for rewards and all categories. They offer 0% APR for balance transfers for 18 months. There is no annual fee as well as you can earn 2% cashback on all purchases. The recommended credit is good to excellent from 690 to 850.
Let’s talk about APR and balance transfer. You have 0% APR if you make a balance transfer over to the new credit card within 4 months of opening the credit card. Your balance transfer fee is $5 or 3% whichever is greater. However as soon as you open the card on your regular purchases,your APR can be from 14 point seven four to twenty four point seven four percent.
Your first late payment may be forgiven as a courtesy but any other one after that will cost you $35. And your APR can skyrocket to twenty nine point nine nine percent. So make those payments on time. The balance transfer does not get you the two percent cashback value.
Let’s talk about cashback and redemption. Citi double cashback credit card offers one percent cashback on every dollar that you spend and then in return one percent on every dollar that you pay off your balance with. So if you’re spending $100 to get one percent for spending the hundred dollars and then once you’ve paid $100 off,you get another 1 percent which equals to two percent so two dollars for every hundred dollars. There is no annual fee for having this credit card so that’s pretty awesome.
Try to steer clear of carrying over those balances for month to month because that negates your rewards cashback. You’ll be pay off your remaining balances or in occurred with the cashback instead of enjoying the cashback. You do not get one percent cashback by paying off any interest you have accrued on the card,you only get the one percent for paying off the amount that you spend on a purchase.
To put things in perspective,if you’re spending twenty five hundred dollars a month times 12 months that’s $30,000 a year. If you’re paying off your balances on time every month,you can earn up to $600 for the thirty thousand that you have spent. Remember there are no restrictions on categories,you can spend go crazy spend money on whatever you want and you’ll get that cashback.
There are no caps to the amount of cashback you can receive, but there is a minimum of twenty five dollars required in order to receive the cashback. Your points will expire if you have no activity on the card in a 12-month period. With the twenty five dollar minimum, you will have to spend one thousand two hundred and fifty dollars at the two percent rewards to receive $25 or two thousand five hundred dollars at the one percent if you’re not paying off the balance of every month to receive the $25 minimum.
Those points can be redeemed in the form of a check or it can be directly transferred into your savings account or checking account. If you are trying to apply your cashback rewards to pay off your balance on your credit card,you will lose 1% of the cashback value.
Let’s talk about the purse you have zero liability for any unauthorized activity on your card. They also offer city quick lock which means you can go ahead and lock your card if you lose it or misplace it. And the card cannot be used until you unlock the credit card. For the purchase protection,you’ll get reimbursed for stolen or damaged eligible items within 120 days and that can be up to $1,000 per item or $50,000 per year.
Next they offer an extended warranty. This adds on a one-year extent nearing the manufacturer’s warranty if the warranty is five years or less to begin with. Another cool feature they offer is the city price rewind or price match option. This means that if you find something online and you purchase it with your card, city will automatically check hundreds of online retailers to see if they can find a product at a cheaper price. If they find a lower price within 60 days of purchase,you will be reimbursed the difference.
Next they have the city concierge service the concierge service. You get access to a personal expert concierge, they can help you with travel dining or other entertainment type things. Finally they have the city private pass. You get access to tickets for things in sports the best in music or dining experiences.
Is this card good for you? Let’s recap. They offer the two percent across the board on all purchases in all categories in all things,so you can go crazy and spend whatever you want. This card is ideal for families that have expenses as far as dining,clothes shopping. It’s easy to keep track of all of those stuff to receive the two percent cashback. There is the twenty five dollar minimum to redeem your rewards. That’s not too bad. It might help you stay in check-in sorts.
There are a lot of other credit cards out there that offer higher percentage and cashback rewards,but those typically make you track certain categories that can alternate quarterly or yearly. It’s quite a headache to keep track of that. Some of those cards are Bank of America,Cash Rewards,Chase Freedom or Discover It credit card. You’ll have to keep track of which categories are making how much percent cashback.
Those other cards can offer a 0% APR on all your purchases for the first 18 months for the different cards. Ultimately you have to ask yourself what do you prefer,do you prefer something simple and easy to keep track of or would you rather have a higher cashback to keep track of what categories are included in that? If you’re looking for a credit card that offers easy rewards and you don’t have to keep track of too much,Citi double cashback credit card is right for you.