How do I get rewards from Citi Double Cash?

How do I get rewards from Citi Double Cash?

As a Citi Double Cash cardholder, you’re eligible to earn 2% cash back on every purchase. Transactions such as balance transfers and cash advances are not eligible to receive this excellent cashback rate. You receive the first 1% cash back when you make your purchase and get the remaining 1% cashback when you pay your balance each month. To earn the additional 1% cash back , you can pay the minimum amount due as well. To say otherwise, you don’t have to pay the full balance but have to at least pay the minimum amount due to qualify for the additional 1% cashback.

There is no limit on how much you can earn in cashback, and your cash back rewards never expire as long as you have an active account. An inactive account would be an account where you have not earned any cashback rewards for over a year, signaling that you’ve stopped using the credit card.   

How do I use my cashback rewards?

There are flexible options to allow you to redeem your cashback:

1. You can redeem via check for at least $25 
2. You can choose to redeem for a statement credit to your card account for at least $25 
3. Redeem your rewards as a direct deposit into your savings or checking account
4. Transfer your cash back to ThankYou Points (ThankYou Points are Citi’s rewards points, which can be spent on gift cards and travel benefits).

Is Citi Double Cash worth it?

Citi double cash offers a 2% cash back rate, an impressive rate that is very rare. Furthermore, this great offer comes at no annual fee. Other cards that provide as high a cash back rate as this card, charge a great amount in annual fees. This card also provides 2% cash back on all types of purchases whereas the cards that do offer a similar rate have certain categories that you must spend on to qualify for it. This card is a great addition to your savings arsenal as it can help you get the most out of owning a credit card wherever you go and on whatever you spend. However, this card may be more difficult to obtain if you have a low credit score and a tarnished credit report. This card generally accepts individuals who have excellent credit scores.