Citi® Double Cash Card review: One of the best cash-back cards has no annual fee, and more redemption options than you might realize

While there are many cash-back credit cards that give you 1.5% back on your spending without an annual fee, few surpass that earning threshold. That's why the Citi® Double Cash Card is so exceptional.

This card also comes with no annual fee, making it a long-term "keeper card" for most people. Throw in the intro APR offer for balance transfers, and it's easy to see why people sign up.

Bottom line: If getting 2% back without an annual fee sounds enticing, that's because it is. While you can squeeze out more value out of travel rewards cards, those usually come with an annual fee and require you to optimize how you use the points or miles. If you're after high value and simplicity, the Citi® Double Cash Card is hard to beat.

Citi Double Cash earning rate

As we mentioned already, the Citi® Double Cash Card offers an enticing earning rate for a cash-back card without an annual fee. This card gives you 2% back on everything you buy — 1% when you make a purchase and another 1% when you pay it off. This rate will help you earn considerably more rewards over time when compared to other cash-back credit cards that give you just 1% or 1.5% back for each dollar you spend.See the rest of the story at Business Insider

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See Also:

• I earned 2 Southwest Companion Passes for my family this year without even traveling — and I'll be able to use them through June 2021
• Several Marriott credit cards are earning 10x points at restaurants and gas stations for a limited time, which could score more rewards than a sign-up bonus
• Now that we're all spending more on groceries, it's a great time to get a credit card that earns you bonus points. Here are 6 top options.