How to Earn the Citi Double Cash Card $200 Welcome Bonus

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Citi has announced a new welcome offer for its Citi® Dual Charge Card this would allow new cardholders to earn $200 after meeting the minimum spend requirement.

The Citi Double Dash Card, which Select rated as one of the best cash back credit cards with no annual fee, is a great product because it offers 2% cash back on all purchases, or 1% cash back % for all qualifying purchases. , plus an additional 1% cash back after paying your credit card bill.

What makes the card particularly appealing to consumers? You won’t need to track specific spending categories like you would with other cards – and during times of record inflation, its cash back rewards can really help you save on the everyday purchases you already do.

Below, Select details the new welcome bonus, card features and how to maximize the rewards you’ll earn by using it.

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The new Citi Double Cash Card welcome bonus

Citi® Dual Charge Card

  • Awards

    2% Cash Back: 1% on all qualifying purchases and an additional 1% after you pay your credit card bill

  • welcome bonus

    For a limited time, get $200 cash back after spending $1,500 on purchases within the first 6 months of account opening.

  • Annual subscription

  • APR presentation

    0% for the first 18 months on balance transfers; N/A for purchases

  • Regular APR

  • Balance Transfer Fee

    For balance transfers made within 4 months of account opening, an introductory balance transfer fee of 3% of each transfer ($5 minimum) applies; after that, a balance transfer fee of 5% of each transfer ($5 minimum) applies

  • Foreign transaction fees

  • Credit needed

For years the Citi Dual Charge Card offered no welcome bonuses of any kind. Now, for a limited time, new cardholders can earn $200 cash back after spending at least $1,500 in the first six months of card membership. By the time you’ve met the minimum spend requirement, you’ll have earned $230 in tax-free cash back, reflecting a solid 15% return on your initial spend.

Note that the cash back you will earn is awarded in the form of Citi ThankYou® points, which can then be redeemed for statement credits, a mailed check or direct deposit, or for gift cards, travel or other merchandise using Amazon’s nifty. Shop with points feature. Also, if you have another Citi ThankYou points card like the Citi Premier® Cardyou can transfer your Citi Double Cash points to travel partners like Air Canada and Turkish Airlines, where you can really maximize the value of your points.

This cashback card is a great option for those who tend to make a lot of purchases across a variety of spending categories – like restaurants, travel, gas and groceries, for example – or for anyone who just don’t want to bother to follow them at all.

On top of that, the card also has a generous balance transfer bonus offer – an introductory APR of 0% for 18 months (after, 16.24% – 26.24% variable APR) – providing a great way transfer any existing credit card debt and pay off your balance without accumulating additional interest charges.

Choose a cashback credit card that’s right for you

Overall, the Citi Dual Charge Card offers a simple and effective solution for consumers who simply want to save money on their daily expenses. That said, if this particular card doesn’t fit your current financial needs, here are some general tips for choosing a new cash back credit card.

Match your spending habits with card rewards

Not all credit cards are created equal and many tend to offer very different features. The one you choose should offer rewards directly tied to your spending habits. For example, the Citi Double Cash Card makes sense for consumers who tend to spend regularly across multiple spending categories.

If your spending largely falls into one or two spending categories, it makes more sense to choose a card that offers higher cash back for the things you already buy. For example, if you spend a lot of time shopping on Amazon and/or Whole Foods, the Amazon Prime Rewards Visa Signature Card would be a good choice as it offers cardholders 5% cash back for Amazon and Whole Foods purchases with an eligible Prime membership.

Before choosing a new card, assess what you spend the most on and try to find a credit card that offers the most rewards possible for that particular category. If you don’t want to do that, a card like the Citi Dual Charge Card could work for you since you earn a great cash back rate on all purchases.

Calculate if the annual card fee is worth paying

This is a tricky subject, as many consumers feel that paying an annual fee for a credit card isn’t worth it. That said, if you are going to spend enough and take full advantage of the card’s benefits, having an annual fee card can sometimes be more advantageous and rewarding than having a card with no annual fee.

For example, the Blue Cash Preferred® Card from American Express allows cardholders to earn 6% cash back when shopping at US supermarkets (up to $6,000 in purchases each year, then 1% cash back), plus 6% cash back for use of certain streaming services, 3% cashback for public transit including taxis, rideshares, trains, buses, parking and tolls, plus 1% cashback in cash for all other purchases made with the card — for a modest annual fee of $95. (See rates and fees.)

In comparison, the no-annual-fee version of this card, the American Express Blue Cash Everyday® Card, offers 3% cash back when you shop at US supermarkets, as well as 3% cash back at US gas stations and for your purchases from US online retailers – up to $6,000 purchases each year, then 1% cash back, for all categories listed — plus 1% cash back for all other purchases. (See rates and fees.)

Based on these spending categories, it shouldn’t be hard to decide which card best suits your needs – and whether it’s worth paying extra for an annual fee if you want to maximize all the benefits and make worth it.

At the end of the line

For Blue Cash Preferred® card rates and fees, click here.

To find out about the rates and fees of the Blue Cash Everyday® Card, click on here.

Editorial note: Any opinions, analyses, criticisms or recommendations expressed in this article are those of Select’s editorial staff only and have not been reviewed, endorsed or otherwise endorsed by any third party.

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