Whenever you’re using your card to pay for stuff while away, you’ll want to get the best exchange rate you can. There are a couple of things that will make a difference to the rate you get when you buy things abroad. The first is that banks usually charge an upfront fee, and the second is which rate you’re getting. It’s tempting just to let this go, but that can lead to unpleasant surprises down the line, when your statement or bill comes in.
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- It’s an excellent card, but you won’t qualify if you have a bad credit score.
- With the Double Cash Card, however, you earn 1% when you make the purchase and the other 1% when you make the payment.
- His money-saving tips have appeared in the Washington Post, the Wall Street Journal, Consumer Reports, MarketWatch, Vice, People, the Zoe Report and elsewhere.
- I was charged over 8k on citi’s side after writing the check on a 2 k ballance and my max on the card was 4k.
- Most rewards cards require good or excellent credit — which is typically around 670 or higher.
- You might want to consider the Chase Sapphire Preferred® Card or the American Express® Gold (see rates and fees) if you’ve got plans abroad, as neither card charges foreign transaction fees.
After that, you have to wait 65 days to apply for your third card. The number 95 means you have to wait at least 95 days between Citi business credit card applications. With Credit Close-Upservice mark℠ you own the skills to help understand and track your FICO® Score, raise it, or maintain it.
On the downside, Citi doesn’t have a whole lot of small business cards to choose from, and no cards available for poor credit. You also only have two cobranded credit card options — an American Airlines card and a Costco card. But if you want a longer 0% APR on a balance transfer or you want a little more flexibility with your redemptions, particularly with transfer partners, consider the Double Cash Card. The Citi Double Cash can be particularly beneficial if you have another Citi card that earns ThankYou points and you want to pool them together. Our mission is to provide readers with accurate and unbiased information, and we have editorial standards in place to ensure that happens. Our editors and reporters thoroughly fact-check editorial content to ensure the information you’re reading is accurate. We maintain a firewall between our advertisers and our editorial team.
The competition for a 2% cash-back personal credit card is very fierce, but there are a few clear winners in terms of combining simplicity with rewards. Find the best credit card for you by reviewing offers in our credit card marketplace or get personalized offers via CardMatch™. We rank card types — travel, cash back, business — on a set of factors that are most relevant to that type of card. We create these rankings to help you narrow down a credit card that best suits your spending and budget. The same is true if you want travel-specific benefits, such as travel credits, insurance protections, airport lounge access, free hotel nights, free checked bags or other benefits offered by travel cards. While both cards offer great rewards on every purchase you make and solid 0% intro APR promotions, there are some situations where it might not make sense to apply for either card.
Who Should Get The Citi Double Cash Card?
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Although the rewards rate is weak for the $450 annual fee, taking advantage of the free Admirals Club lounge access more than makes up for the yearly cost. Even if you’re not a big Costco shopper, the membership fee is well worth the other incredible cash back rates for eligible gas, dining and travel. No matter what your month-to-month budget looks like, the Citi Double Cash can rake in up to 2% cash back (1% when you buy, 1% when you pay off those purchases) on punctual payers’ biggest expenses. Thanks to its supermarket and gas station categories, the Citi Premier is a wise choice for occasional travelers squeezing rewards from everyday spending.
… And Other Exciting Redemption Options!
You only get the grace period back if you also completely pay off the balance transfer amount. That’s why many other cards feature an intro APR offer, often for the same number of months, for both balance transfers and purchases. If you want reliable cashback rewards and a sign-up bonus, consider the Capital One Quicksilver Cash Rewards Credit Card.
Other options include currency exchanges at airports and hotel kiosks, and making withdrawals at an ATM. But while these locations offer speed and convenience, they may be more expensive than the bank. Pay attention to the advertised fees, and limit transactions at these locations – especially if credit cards are commonly used at your destination. The Costco Business card offers excellent cash back on additional travel-oriented expenses like restaurants and eligible gas, but the rewards for Costco spending are less impressive. Instead, you earn cash back in the form of ThankYou points on one of ten categories at the end of each billing cycle. That makes maximizing your 20,000-point sign-up bonus (spend $1,500 in the first six months) even easier.
The Citi Double Cash Card does occasionally offer a sign-up bonus though it is not part of its standard offer. Currently, the Double Cash card is not offering a sign-up bonus. ThankYou® Points give you access to hundreds of rewards from Citi. Advertisers in our database are highlighted, and advertisements include an option to apply using links on our site. CardRatings.com may be compensated by companies mentioned on the site when a user’s application is accepted or approved by such companies. Lastly, there’s zero liability protection and contactless features built into this card.