Last updated on August 3rd, 2022
The Citi® Double Cash Card is an unlimited cash back credit card from Citi that offers 2% cash back on all eligible purchases. But how does the Double Cash stack up against the competition? Here is everything you need about the Citi Double Cash Card vs. its biggest rivals:
At a Glance
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Citi® Double Cash Card – 18 month BT offer
Earn 2% back on everything
Earn 1% back when you make a purchase and 1% back when you make you pay off that balance
The Citi Double Cash Card is a leading unlimited cash back credit card from Citibank. The card is one of the most versatile cash back credit cards on the market today, thanks to impressive, flat-rate cash back, lucrative 0% introductory APR offer, and no annual fee.
Double Cash cardmembers earn 2% back on every eligible purchase: 1% back at the time of sale and an additional 1% back when they pay their statement balance. The card also features a lengthy 18-month introductory APR on balance transfers – one of the longest intro APR periods available today for a cash back credit card.
It’s worth noting that not all transactions apply for 2% cash back with cards like the Double Cash. Here is a list of transactions that do not qualify for rewards:
|Balance transfers||Card account checks||Unauthorized or fraudulent transactions|
|Cash advances||Returns for credit||Traveler’s cheques or foreign currency purchases|
|Lottery tickets||Money orders or wire transfers||Reloading of a prepaid debit or gift cards|
|Card fees, late fees, or finance charges|
And here is a quick breakdown of all the other current offers with the Double Card:
- No annual fee
- 0% Intro APR for 18 months on purchases and balance transfers. After that, the variable APR will be 14.24% – 24.24%, based on your creditworthiness.
How Does the Citi Double Cash Compare to Other Unlimited Cash Back Cards?
Are you thinking about applying for the Citi Double Cash Card? While the card is an exceptional value, here is how it compares to many of the leading competitors on the unlimited cash back card market:
Chase Freedom Unlimited
5% on up to $1,500 on combined purchases in bonus categories each quarter
0% intro APR for 15 months
The Chase Freedom Unlimited isn’t an exact match for the Citi Double Cash Card, but that doesn’t mean there are no comparisons between the two credit cards. The Freedom Unlimited Card earns an unlimited 1.5% back with every purchase – with some exceptions. That 1.5% back isn’t as impressive as the up to 5% back that comes with the Citi Custom Cash℠ Card or even the unlimited 2% back with the Double cash. That said, earning 1.5% back is an exceptional value.
Freedom Unlimited also earns 3% back on bonus categories dining and restaurant purchases, including take-out orders and deliveries through eligible delivery services, like Grub Hub and UberEATS. That 3% back also applies to drugstore purchases. Finally, the card earns 5% back on travel booked through Chase’s Ultimate Rewards portal.
The Citi Double Cash provides more of an introductory APR period than Chase. The Double Cash offers 0% introductory APR for 18 months on balance transfers vs. the 15 months of 0% intro APR with Freedom Unlimited. Fortunately, Chase extends that intro App to purchases and balance transfers versus only BTs with Citibank.
TD Bank Double Up
2% back on all purchases
0% intro APR for 15 months
The TD Double Up Card is one of the closest competitors to the Double Cash Mastercard regarding features. Like the Double Cash Card from Citibank, the TD Double Up Visa Card earns an unlimited 2% cash back on all purchases. And, like Citi’s card, that 2% back takes the form of 1% back now – and 1% back later.
Cardholders automatically earn 1% cash back on all purchases, regardless of category, and an additional 1% cash back when rewards are redeemed into an eligible TD deposit account. Because of this unique structure, the card offers exceptional value to current TD Bank banking customers looking to maximize their savings.
Where the two cards diverge are the sign-up bonus and introductory APR. The Double Up enjoys 0% intro APR on BTs for 15 months vs. the 18 months of 0% intro APR on balance transfers with the Double Cash Card from Citibank.
Wells Fargo Active Cash
0% intro APR for 15 months from account opening on purchases and qualifying balance transfers
The Wells Fargo Active Cash is a versatile cash back credit card that provides unlimited 2% cash back rewards without the annual fee. The card provides many of the same features as Citi’s Double Cash Mastercard but with a key difference.
The major difference between the Citi Double Cash vs. the Wells Fargo Active cash is the introductory APR offers. The Double Cash provides 18 months of 0% introductory APR on balance transfers. The WF Active Cash, on the other hand, provides 0% intro APR for 15 months on both purchases and balance transfers.
Have an existing balance? In that case, the Double Cash might be right for you. Prefer to earn rewards as ThankYou Rewards points instead of cash back? The Double Cash is again the winner. But if you want an intro APR on purchases, the Active Cash has the edge.
3% back on purchases with select brands
2% back on Apple Pay purchases
You don’t need to be a die-hard fan to fall in love with the intelligently designed Apple Card. The card earns accelerated rewards with Apple Pay making the card essentially an unlimited 2% back credit card – with a twist. Apple Pay is one of the most popular digital/mobile wallets on the market,
The card earns 2% cash back on all purchases made through Apple Pay, placing the card firmly in the same space as the Citi Double Cash. The Apple Card also earns 3% cash back on purchases with select brands, including Apple products and subscriptions, Panera, T Mobile, Nike, ExxonMobil, and Walgreens, plus 1% back on all other purchases.
While the 2% back with Apple Pay make the Apple Card a competitor to the Double Cash Card from Citi, the comparison is incomplete. Only select transactions (outlined above) do not earn cash back with the Citi Double Cash vs. the Apple Card’s 2% back only through one mobile wallet. Where Apple Pay enjoys popularity, the double cash back with the Double Cash is early universal.
The Citi Double Cash Card also features a lengthy 0% intro APR period on balance transfers. New Citi Double Cash cardmembers enjoy 18 months of 0% intro APR on BTs – one of the longest balance transfer offers for a cash back card on the market today.
PayPal Cashback Mastercard
3% back on PayPal purchases
% back on all purchases
The PayPal Cashback Mastercard offers the same hassle-free approach as the Citi Custom Vas, but with a heavy emphasis on the PayPal network. Cardholders earn their 3% back when using their card anywhere in the world where PayPal is accepted. All other purchases with the card earn 2% cash back.
The great feature of the PayPal Mastercard is the seamless way it integrates into an existing PayPal account. Cardmembers can use their card to set up recurring payments of subscriptions, send money to friends or family, or male purchases at millions of retailers worldwide.
Like the Apple Card, the strength of the PayPal Cashback Mastercard is offset by some limitations. The primary limitation is the PayPal network. While PayPal is one of the largest third-party payment platforms in North America, it is limited abroad, making it less useful for those planning on traveling with their credit card. Additionally, the Double Cash features that 0% intro APR offer – something the PayPal Mastercard lacks.