Citi Double Cash Card Review 2022 (Is the 2% Cash Back Worth it?)
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- เผยแพร่เมื่อ 25 ก.ย. 2022
- Is the Citi Double Cash credit card worth it in 2022? In this video I will review Citi Bank's Double Cash cash back credit card to determine if it will be worth it for you.
We will go over the Double Cash card's annual fee, reward multipliers, other features and more. I will also go over some alternative cash back credit cards that you can use instead.
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Thanks for the review Chase.
Thanks for watching
I want to add a Citi card to my arsenal for 2023 and considering the Custom Cash. The Double cash already seems repetitive of two other cards I already have. Definitely a great "no fee" card though to increase your overall CL as mentioned. Great vid as always Chase 💥
Go for it! 🔥 the custom cash is so nice with its flexible spend category.
With the sign up bonus, its definitely a card I recommend for everyone as a catch all card for cash back setups!
It’s a good option if u don’t want chase or Amex cards 💳
A great card!
I'm currently running this + Custom Cash 🎉🎉
2 great cash back cards Fog 👏🏽
I actually product changed from the Double Cash to the Custom Cash a few months ago. The double cash card is a great card and served me well but I have both the Wells Fargo active cash card and the Apple Card so I needed a little product separation in my no annual fee credit card/2%/non category spend cards. However, the citi double cash was my favorite amongst those 3.
Great video as usual Chase.
That makes sense. The custom cash will do you wonders with that 5% flexible category! 👍🏽
It was either CDC or Wells Fargo Active Cash but WF's rewards points redemption conditions weren't as flexible.
Ya TBH im not a big fan of Wells Fargo
I personally prefer the Chase Freedom Unlimited for my "catch-all" card. 2% cards like the Double Cash definitely have their place, but I feel like there's a lot more competition out there today than when this card was first released, and the CFU is one that tops it in my opinion. Either way you go, I think it's super necessary to build out a trifecta or at least get a higher tier card (Chase Sapphire Preferred or Citi Premier) to transfer your points out to travel partners as you mentioned. Great breakdown Chase!
Oh ya! the CFU is my go to as well 👏🏼 the Chase ecosystem is just too nice.
@@ChaseYokoyama phenomenal content
@@ChaseYokoyama Agreed!
Great video Chase.
If citi did not remove all their benefits and protection. (No cell phone protection for being a world elite Mastercard). I wouldn’t mind the double cash card. However I replaced that card with the sofi card and have no regrets.
Yes sir, Citi has a history of stripping benefits and leaving you hanging ~~
I agree. There are better options out there TBH 🤷🏼♂️ but sometimes you can't get those cards so the double cash is the last resort lol. Maybe I should make a review on the sofi card.
Hey Chase, So I contacted Citi to see if there is a way to reallocate credit limit. This was the response I got. I am really sorry about the miscommunication but the credit line cannot be transferred within the Citi credit cards.
8:19 PM
Is that something new that was just recently added.
Read 8:19 PM
As per the current update there is no such option to swap credit line within Citi cards
@@dominicsay3165 good to know: I stick to chase & Amex
I got the bank of america 1.5% cashback. Im ngl I wish i got this before the bofa card. But since im new i only get secured credit cards. Ill get my credit up slowly by using it to pay my phone bill. It'll be slow but good :D
The advance move is to get Citi AA card and then downgrade to Custom or Double Cash. The miles from the sign up bonus are worth more than $200. Usually 65k to 75k offers. You may also get a higher credit line applying to one of their AA cards since that program is revenue based.
That's an experience move for sure 😂
I was finally pre-selected and approved for this card today, 4/8/24. The credit limit is nice but I'm probably not going to use it that much.
Congratulations! Enjoy the new card 😎
Can you get a statement credit for the cash back instead of buying flights and all that.
yes, you can use your Ciit ThankYou Points for cash back like in the form of statement credit 👌🏽
Gracias
thank you!
How many points do you get per dollar? Cause isn't 2 points worth way less than 2 dollars?
U get 2 points per dollar. and yes, they are worth way less than $2. They are around 1 cent per point. So 2 points is worth about 2 cents.
SO THAT'S $200 EVERY $10,000 SPENT??
What’s the average credit limit for this card
I don't know what the average would be. But the minimum is $500, and my gut feeling is that a limit from $500 - $1,200 would be pretty common.
Shiiiiiiit.. I just applied on Credit Sesame app and it said $1,700.🤔 I applied and got $5,200!!!😳 nooooo bullshyt! Pulled from TransUnion, credit score was 698, 8 inquiries and got over $5k!
In the mail and in my pocket by next week! CITI double cash 🐜😎
I have a limit of 3k on it
I wish citi would issue more Visa cards
Ya that would be nice 👍🏽
So if I spend a million on this card can I redem the 2%
Since its unlimited, yes you could. But you have to take into consideration the credit line on this card will make it hard to spend $1m on it.
I just applied and got approved for $1,700 with no sign up bonus.
congratulations on the approval! 👏🏼 Go get your 2% cash back
What was your score when you applied?
Putting "worth it" in the title seems a little silly for a no annual fee card. You're not paying anything for the benefit of 2% back.
Very true 🤔 I was thinking like worth the time and effort. But that makes sense and will remember it for next time.
Yea but that’s not really cash back. It’s point back 🤣 with my discover Debit cash back. I receive actual cash & get to watch the accumulation as I spend
true its points back that COULD be used for cash back. You're right that its not strictly cash back .
How much is 16000 thank you points worth?
Citi Thank You points are around 1 - 1.5 cents per point. So 16,000 points = $160 - $240