Citi Double Cash vs. Citi Custom Cash Credit Card ... Why Citi Custom Cash (Almost) Always Wins
ฝัง
- เผยแพร่เมื่อ 25 มี.ค. 2022
- Support our channel by choosing your next credit card using one of the card links at:
- BEST: www.proudmoney.com/best-credi...
- CASH BACK: www.proudmoney.com/best-cash-...
- TRAVEL: www.proudmoney.com/best-trave...
- BONUS: www.proudmoney.com/best-credi...
- BALANCE TRANSFER: www.proudmoney.com/best-balan...
- GAS: www.proudmoney.com/best-gas-c...
- BUSINESS: www.proudmoney.com/best-busin...
- FAIR CREDIT: www.proudmoney.com/credit-car...
- BAD CREDIT: www.proudmoney.com/best-credi...
(We'll get compensated if you're approved, and we thank you kindly.)
Other ways to support this channel:
- Get a $25 - $325 bonus when you open a SoFi Checking/Savings Account at: www.sofi.com/invite/money?gcp...
- Use our Amazon.com link: amzn.to/2PpQWoB (As an Amazon Associate, we earn from qualifying purchases.)
.
NOTE: Credit card information in this video is not guaranteed; we have attempted to confirm all information to the best of our ability but we could simply be wrong or the information could be outdated by the time you watch this video. We are doing our best here, but check our work!
.
Our site: www.ProudMoney.com
Contact: Adam Jusko adam@proudmoney.com
(for business/media inquiries only; unfortunately I do not have the time to offer thoughtful answers to the many individual credit & money questions I get by e-mail --- but I do read them and try to incorporate answers to common questions into future videos!)
#creditcards #citi #rewards - แนวปฏิบัติและการใช้ชีวิต
Support our channel by choosing your next credit card using one of the card links at:
- BEST: www.proudmoney.com/best-credit-cards-on-the-market/
- CASH BACK: www.proudmoney.com/best-cash-back-credit-cards/
- TRAVEL: www.proudmoney.com/best-travel-credit-cards/
- BONUS: www.proudmoney.com/best-credit-card-bonus-offers/
- BALANCE TRANSFER: www.proudmoney.com/best-balance-transfer-credit-cards/
- GAS: www.proudmoney.com/best-gas-credit-cards/
- BUSINESS: www.proudmoney.com/best-business-credit-cards/
- FAIR CREDIT: www.proudmoney.com/credit-cards-for-fair-credit/
- BAD CREDIT: www.proudmoney.com/best-credit-cards-for-bad-credit-unsecured-secured/
(We'll get compensated if you're approved, and we thank you kindly.)
Other ways to support this channel:
- Get a $25 - $325 bonus when you open a SoFi Checking/Savings Account at: www.sofi.com/invite/money?gcp=68388c1c-9593-48a6-8872-7052db78d937
- Use our Amazon.com link: amzn.to/2PpQWoB (As an Amazon Associate, we earn from qualifying purchases.)
.
NOTE: Credit card information in this video is not guaranteed; we have attempted to confirm all information to the best of our ability but we could simply be wrong or the information could be outdated by the time you watch this video. We are doing our best here, but check our work!
I applied on Friday for the Custom cash card and it stayed a pending status but waited until today Tuesday and no new update from Citi and then I google the application line to call and when I got finally so I called in told the representative that my application it’s says a pending and she double verify my personal information and put me in wait status two times and the in the last moment when she came back she told that congratulations you were approved for the Citibank credit card with a limit of $8,600 and with a APR 26.99% and they pull my Equifax report and in the time of the inquiry I had a score of 702 so I got very excited 😂 and emotionally also because more than 10 to 15 years that I don’t have a Citi credit card. Very lovely!!!
I have both; I rarely use the Double Cash but I use the Custom Cash exclusively for gas.
I have both. I use custom cash for fuel, and double cash for everything else.
Great video...i just got my custom card in January and hit my bonus quickly. I LOVE IT
Both cards are great to have! Great content as always, thanks Adam!!!
Thank you for creating this video and sharing with us
Well done. Very helpful. Thank you!
Thank You. For nearly three years you have entertained and educated me, and for this, I am truly grateful.
Thank you for the kind comment, I appreciate you watching.
On June 18, I gotta approved for the custom cash. I have both now. I'm waiting for it to arrive and was approved for $1,700. By temporary limit is $500.
I went with the DCcard not too long ago, only because the amex BCP gives me 6% on groceries (my biggest spend) and 3% on gas and Im under the 6k grocery cap (at about 3500/yr) and now 2% on everything else with Citi DC. I'm happy 👍
Great cards to use as an alternative system to join with Amex and/or Chase.
I just made the switch over the weekend from DC to custom cash. Reason being I already had a 2% cash back card with WF
Custom cash makes sense if you spend something very close to $500 either in groceries or gas (if you spend 500 in gas specifically, you can mix it up with another one that gives 3% or more in groceries like the Savour One or Chase Freedom Unlimited), if you spend much more than 500 in groceries or gas, probably the cash back makes more sense. The ideal case scenario IMO is having both, spending 500 in gas with the custom cash, plus having another one that gives you 3% or more in groceries & restaurants and using the double cash for any other purchase.
Don't know which is better, but I just product changed from Rewards+ to the Custom Cash. The card will be here in a few days. Looking forward to using it as my grocery-only card for the 5% category. The road test begins, while the jury remains out...!!!
I would use it for groceries being soo expensive these days
Awesome analysis 🧐 you’re phenomenal!! Citi Custom maybe worth a chase 5/24 slot? 🤔
I remember an older version or similar type of this video doing the math on it.
US Bank Cash+ lets you choose 2, 5% categories (They are a bit niche, but they include utilities)
Hi Adam, I have both of them
Can you do a video on the citi trifecta (premier, double, custom) and how it would work for travel? Best way to get 2 cents per point on travel and all? I'm new to the travel points game and don't know where to start
Thinking of cancelling my AMEX gold and staying with my citi custom cash that I got approved 3 days ago. Credit limit is 4,700. I already have the Amex delta gold
I use my custom cash card for gas⛽️ only😎
Use mine for groceries and my girl uses hers for gas also I buy gift cards to eat out so I get that 5% for eating out also
@@skiddysmgreat job😮
You should calculate in the 0% interest period of the custom Cash Card.
During the 15-month 0% interest period you can make major purchases anything from a car repair to dental work and not pay interest on it and take your time paying it back.
I feel like double cash is better when you’re combining it with multiple other cards like freedom flex or Blue cash preferred but as a standalone card the custom cash is better.
Why just choose one when you can choose both? Both are two completely different cards
they both good cards to have in your wallet
Citi Custom Cash would make a great large purchase card. Obviously $500 is ideal, but there are ways to get around this limitation too. If you have a $1500 purchase a lot of places will let you pay 90 days same as cash and you can split it into 3 payments. I might want to get it just to do that.
Hey what’s up man. I’m a little confused. What do you mean a lot of places will let you pay in 90 days same as cash? So make a 1,500$ purchase and make 3 payments to the credit card or 3 payment to the merchant? Thank you
Question- I currently have Custom Cash, and I'm looking for a 2% everything card. If I get the Double Cash, do my Thank You Points sit in the same pool so I can always use them for the Custom Cash statement? That way I can avoid losing out on the 'payoff 1%' of the Double Cash? Or is there a manual self serve process to move TYP between my cards?
Dang, I wish I had seen this before applying for the double cash card two days ago. I mainly got that one because of the 18 months 0% on balance transfers, because I need to move some balances around. But I should have thought more past the balance transfer. Didn’t see that $200 initial offer on the custom cash either.
Are you in position to apply for the Custom cash?
I’m waiting till next year to get the custom cash
That's a lot of spending DAMN 😲
Both are great, but if only getting 1, go for the CC for the SUB & 0% interest on purchases for 1st yr, then later PC it to the DC if you want. 👍🏼
Why not keep Custom Cash; for a 2% flat cashback, get Wells Fargo Active Cash or FNBO Evergreen? Both have a $200 SUB on $1K Spend and you will have your 2% cashback credited in full when your statement drops every month. I hate the Double Cash split 1% now/1% later (which means you must spend again to use up the 2nd 1%, like a dog chasing its own tail).
@@jeromehenry4484 - well as long you pay the balance in full you'll get the 2% on the citi DC. I also already have the FNBO EG Business & the Paypal MC, so im good, but i will go after the citi CC, but the video was between the citi DC vs CFU.
I dig this card, but even in short months, February being the shortest, I would max out the $500 cap on groceries. I’d go way over during longer months. Then there’s dining out. I would need two of these cards plus a catch all for miscellaneous spend.
Ya a lot of people do that. Apply for custom cash and double cash. And then later on downgrade custom cash
I have both but since I commute the custom cash is important to me to get the 5% for gas, my biggest expense.
Can always product change the double cash into a 2nd custom cash too for more 5% shenanigans
@@raiden3013 My understanding is you can only have one custom cash at a time. Am I wrong here?
@@supremeobliterator you can have two. can only apply for one. apply for the custom cash and double cash or other citi card. and then down grade the 2nd card into another citi custom cash after a year of having the double cash or other citi card.
So I've had this card (custom Cash) for a few weeks now. I've been using it alot so it could hit the bonus and then I plan on using it just for gas. The biggest thing on this card that is irritating with this card is anything over like a hundred bucks triggers some kind of fraud alert and my card gets cancelled. I called and they told me it's fine now but then my card was again cancelled after trying to redo the purchase it was embarrassing. The second thing with this card that I hate is the purchases takes forever to process. I'm at 4 days and the purchases haven't processed. And Citi Bank doesn't let you pay off pending transactions. It's a small thing I know but cards that let me pay off pending transactions are my go to cards often times.
You are SO right about this. I’ve had to stop using the card about 3-4 days before the due date so the pending charges can post and then the full balance be paid off. I had a $10 balance post to my credit report because it took so long for the charge to post to the account.
For my family a more realistic scenario is $1,000 on groceries and $1,000 on everything else. Coincidentally, I think that's the break even point! Both cards will give you $40 and any more spending after that is in favor of Double Cash. I imagine it would still take a long time to make up for the $200 bonus.
I really really want the citi CC, but i will finally be 4/24 in may, so gotta go for at least 1 more chase card either CFU or CFF, then im getting the citi CC. 🙏🏼
Don’t do it Doc lol avoid temptation you’re almost there
@@callmeNeno - thanks Neno! im trying 😁
Chase has you under their thumb 😀
@@ProudMoney oh yeah baby ~~~
Adam,
I think the US bank cash plus card gives you 5 percent in 2 categories I believe.
Yes you are right, surprised that was not pointed out sooner. Custom Cash has better 5% catevories than the Cash+ i think, but then the Cash+ has some interesting categories that you don't see very often from other cards on the market.
Cash plus is the card you get so you have 5 percent back on streaming, cable, and internet service.
I 💯% Agree. I just got the custom cash. Double Cash is not worth it anymore. Even with the cap of $500 that's still $25 back. And then if you spend another $500 at 1% that's $30. So $1000 with the citi custom cash equals 3%. So at $1500 spend it would be at 2%. But even then you'd get $35 at that point where double Cash you'd only get $30. So custom cash wins here for $1500 worth of spend. Then the double Cash would compliment it. Not to mention you get a $200 SUB. It's a no brainer that Custom Cash is the winner here
Ya definitely. Most credit card issuers cards compliment each other. Custom cash/ double cash or like chase cfu/flex/ amex gold/blue business plus.
Okay Adam? I have the Citi Double Cash card and the Wells Fargo Active Cash card. Both of those cards are 2% cash back cards, right? If that's the case, I'm wondering if I should ask Citi if I could upgrade from the Double Cash card to the Custom Cash card? I would prefer not to have both of those Citi cards, since I have the Wells Fargo Active Cash card. Thoughts?
I think it is a fine idea except you will lose out on the opportunity to get the bonus on the Custom Cash card.
Citi gave me the opportunity to convert my Rewards+ card to a Premier Card. I decided instead to apply for a new Premier card and then close my Rewards+ card which I would never use if I had the Premier card. The good part was I got the 60,000 point bonus. The bad part was my credit score went down because I had my Rewards+ card for over 20 years so the average age of my accounts went down. So my recommendation is you apply for a new Custom Cash card and keep your Double Cash card at least until it expires.
I have to say…. At least for me CITI Double Cash is strictly my catch all card for my miscellaneous categories which is my top spend category. I spend a minimum of 3-4k a month on the double cash which translates to $60-$80 cash back a month.
Shouldn't these two cards work together? I don't get the versus idea...
What's the recommended ideal credit score to apply to either card?
I was approved for custom cash with 692/713credit score
Hey Adam! Need some advice. Should I go for the citi custom cash or the WF active cash?
I have the discover it, quicksilver, and freedom flex, now I’m ready to apply for the citi custom cash. I want the $200 for 750 or even 1k. I just joined NFCU and plan to apply for the More Rewards after 6 months from now.
- i would definitely go for the citi CC. And later if still want a solid 2% card you can pc the CC to the DC. Only advantage i see on the WF is the cell phone insurance.
Get Citi CC first, then WF Active Cash or FNBO Evergreen (both have $200 SUB on $1K spend - I don't know of any other 2% flat cashback cards that have SUB). Don't product change to Double Cash, other 2 CC are better.
I'd go for the custom cash based on the other cards you have.
@@jeromehenry4484 Thanks Jerome, do you think that the wf active cash is better than the Nfcu more rewards? I hear NFCU gives generous limits and I’m sure I’d keep the card open forever. What are your thoughts??
@@ProudMoney thanks adam
Working on getting my rewards + for that sweet sweet 10% bonus and the Double Cash to replace my paypal 2% card. Applied for the rewards + yesterday and got denied. No surprise there my last inquiry was 1 months ago for a US Bank card but I'm going to try to convince Citi to transfer some of my limit from my custom cash into the rewards + and eventually request the double cash. I'm just scared of them removing the rewards + and missing out on that 10% bonus. I'll let you guys know how it goes🤞.
hey what is this 10% you're speaking off?
it pick my interest
@@guaparra2 The citi rewards+ adds 10% value to thank you points making the Custom Cash 5.5% and the Double Cash 2.2%. I spoke to Citi and they said they dont transfers credit limits. Was ultimately denied because of recent inquiries and length of credit lol. I went from 3 year average history down to 1 in a couple of months. These intro bonus offers are just so good you know cant say no to free money. I'm gonna have to wait 2 years for my next chase card and seems like a year for any new cards.
@@jeisiergonzalez1409 thanks
@@guaparra2 Np, have to share them precious data points right?👍
@@jeromehenry4484 Good luck
US Bank has their cash back card same idea basicly .
I think it's dumb that if somebody likes non bonus spend like Bed bath and beyond or the container store or the gap
and they spend the most of their money on one of these stores that they can't get 5% this is really dumb it should be any store where they spend the most of their money not select category's? if somebody wants to spend most of their money on places that always took credit cards why can't they get 5% there. I'm skipping this card but If I was going to get 1 of the 2 cards I would get the Double cash card.
I just applied and got approved for $1,700 with no sign up bonus with the Double Cash.
Double cash rarely give sign on bonus. Only the custom cash card is the one giving out the bonuses
Hey Adam
I'm not sure what to do
i want to get 3 chase cards that i want and then after, get like 5 more cards BofA citi etc.
But if i go this route i will be locked out of chase for like 3 years.
what would you recommend?
originally i want to get
ink on April
freedom unlimited on July
Hyatt October
I'm on 2/5 with chase on April
Then 2023 get a card about every 3 months citi,BofA, Wells Fargo etc
i got 5 Chase cards already
I think you should get the cards you want 🙂 is being locked out of Chase really that bad if you already have a lot of Chase cards? I think my next video is going to be titled "Don't let Chase run your life!" 😜
@@ProudMoney you know it actually sounds like a great video
@@ProudMoney Sounds like a good video since the reliance on any one issuer video. Like someones comment there on the wife question for you and your reply.
I have the double cash card. Am I able to product change to the custom cash card?
Keep in mind that you do NOT get sign-up bonuses when product changing.
@@mikebarnes2294 that’s ok. I would still like to product change to the citi custom cash.
@@tedabdulfattah2601 yeah you can but me personally i would use both cards, one as an every day spender, and then get the custom cash for only 1 category of spend and you will get sign up bonus also
@@ryanmiklos1775 👍
Just apply for Custom Cash so you get the bonus. You can cancel Double Cash later if you still want to do it, but it's probably better to keep it.
Notification squad
Appreciate your diligence 🏆
neither of these cards are useful in terms of avoiding foreign transaction fees correct? retiring outside the USA. it would be great to do a video with a card setup for people like me, 1 VISA, 1 mastercard, 1 AMEX
Yes you do have foreign transaction fees with these two.
Don't people hate citi banks customer service etc?
I've been a Citi customer for over 30 years. They gave me my first credit card in college and I bought my first car with help from their rewards points. I never lost money on a dispute with Citi. They always had my back, including a time I received a text out of nowhere alerting me to purchase I did not make. I had a worse experience with Amex. They told me to I had to contact the provider who was avoiding my calls.
@@ramonsuarez1051 interesting, bc I hear amex is the best from everyone online. My favorite is discover so far, I can't stand wells Fargo.
I’ve had my double cash for 3 years and haven’t run into a single issue with customer service
I just got 20,000 double cash bonus for signing up
Citi gave me $200
Going to sign up for the double cash so they can give me another $200. Great video!
I want both of them lol
1
🔥🔥🔥
Got denied for double cash 740 score
Im 690 i got invited to join
Same, I have exactly 740 too and got declined.
Really I got the double cash with a 680 credit score?
Maybe it wasn’t the score why you guys are being rejected or there’s some weird glitch around 740 scores with them
@@gillianfrasher7503 👍
Citi bank is deceitful! Cancel credit cards!
Credit cards are amazing to have assuming you use them responsibly.
Funny…I’ve had the card for over 3 years and haven’t run into a thing
All the more reason to take money from them