For cash rebate lovers, you could definitely ask for better rewards than the Citi Double Cash Card would offer. It gives cardholders as much as two percent rebates on every purchase: 1 percent for everything they buy and another 1 percent as they pay for those purchases. This is on top of the usual rewards programs that the card comes with, such as airline miles, gift cards, department store discounts, etc. There are many benefits that this card could entice you to take. Here are some of them.
First, the cash back is given first on purchases and second on gas rebates. It is therefore a more valuable card than other ones like the Discover More Cash Back card, American Express Platinum Card, Discover More Cash Rebate Card, and the Discover More Rewards card. You get your cash rewards immediately. However, it takes about three months or longer before you get your rewards. But the rewards are much more effective than those of any other card out there.
Second, the annual fees and annual percentage rates of these cards are not as expensive as most. And as compared to the other cards that give double rewards, the annual fees and APR will not be as heavy on your wallet. That is why most people favor the CITI double cash cards, especially those who travel a lot since they may find it difficult to come up with the cash they need especially during holidays. And with the MasterCard and Visa brands, one needs to have a bank account that holds sizeable balance in order to be able to use their cards.
Third, the rewards rate offered by CITI Double Cash Card is much higher than other cards. This means that cardholders will enjoy a significant amount of savings. They can easily pay for their daily expenses, even their monthly mortgage and car payments without having to worry about the high interest rate that they are paying for their credit card balances. And this is why many cardholders now prefer to choose this brand. It works great with both short-term and long-term loan debts.
Lastly, you get additional benefits from the CITI Double Cash Card aside from the rewards rate. Many cards out there only let you make purchases every once in a while. But not this one. It gives you unlimited access to your cash balance. So, with every purchase you make, you also earn additional reward points.
All in all, the CITI Double Cash Card is the credit cards that you should consider if you are looking for something that can help you save and at the same time earn you rewards good rate. With this card, it will be very easy for you to manage your finances. Aside from having a lower interest rate, it will also give you added convenience by giving you unlimited access to your cash balance anytime. But with all of these benefits, you still need to keep in mind that you must always use this card wisely. Make sure that you do not spend more than your credit limit or you will just be trapped in credit card debt forever.