This is Vick here and Hiya. I want to check the citi double cash card. There is a quick introduction. This card is very suitable for rewards and all categories. They provide a 0% annual interest rate for the 18 month balance transfer. Without annual fee, you can get 2% cash return in all purchases. Recommended credits range from 690 to 850.
Let’s talk about APR and balance transfer. If you transfer the balance to a new credit card within four months after opening the credit card, you have an annual interest rate of 0%. Your balance transfer fee is $5 or 3%, whichever is higher. However, as long as you open the card during regular purchases, your APR can range from 14.74 to 24.77 percent.
Your first late payment may be considered polite, but any subsequent payment will cost you $35. Your APR can soar to twenty-nine point nine nine. So pay on time. The balance transfer can not get a 2% return value.
Let’s talk about cash return and exchange. Citigroup Cash Credit Card provides a 1% cash rebate for each dollar you pay, and then a 1% rebate for each dollar you pay. So if you spend $100 to get $1, you spend $100, and once you pay $100, you get another 1%, equivalent to 2%, so it’s two dollars per $100. This credit card has no annual fee, so it’s excellent.
Try to avoid deducting these balances every month, as this will offset your bonus cash return. You will pay the remaining balance or use cash instead of cash return. You don’t get a 1% discount by paying any interest you accumulate on the card. You just pay 1% of the amount you pay for the purchase.
From the right perspective, if you spend $250 a month, you’ll only spend $30,000 a year. If you pay the balance on time each month, you can earn up to $600 for the $thirty thousand you spend.
Keep in mind that there are no restrictions on categories, you can spend money crazily to buy anything you want, and you can get cash back.
There is no cap on the amount of cash you can get back, but you need at least $25 to get it back. If you do not have an activity card within 12 months, your score will expire. At a minimum of $25, if you don’t repay your monthly balance, you’ll have to pay $2500 for a 2% reward, or $25,000 or $25,000 at a 1% price. The minimum is 25 dollars.
These points can be exchanged in the form of cheque or can be transferred directly to your savings account or checking account. If you try to use a cash-back reward to pay off the balance on your credit card, you will lose 1% of your return value.
Let’s talk about your responsibility for unauthorized activities on the card. They also provide quick citi locking, which means that if you lose it or misplace it, you can continue locking your card.
The card cannot be used until the credit card is unlocked. For purchase protection, you will receive reimbursement for stolen or damaged eligible items within 120 days, up to $1,000 per item or $50,000 per year.
Next, they provide extended warranty. If the warranty period is five years or shorter, the increase will be one year closer to the manufacturer’s warranty period. Another cool feature they offer is urban price retrogression or price matching options. This means that if you find something online and use your card to buy it, the citi will automatically check hundreds of online retailers to see if they can find a product at a cheaper price. If they find a lower price within 60 days after the purchase, you will get the reimbursement balance.
Next they have concierge service for citi concierge service. You can use private expert concierge services, which can help you travel to dinner or other entertainment types of things. Finally, they have citi private passes. You can get tickets for sporting goods with the best music or dining experience.
Is this card useful for you? Let’s take a look back. They offer a full 2% of all purchases in all categories, so you can go crazy and spend whatever you want. This card is very suitable for families with food and clothing expenses. It’s easy to track all these things in order to get a 2% return. The minimum award is $25. That’s not too bad. It may help you keep checking in.
There are many other credit cards that offer higher percentages and cash-back incentives, but these usually allow you to keep track of alternative categories for certain quarters or years. Tracking this is a headache. Some of these cards are Bank of America, cash reward, chase free or Discover It credit card. What kinds of return rates do you have to track?
For different cards, these other cards can provide a 0% annual interest rate for all purchases in the first 18 months. Ultimately, you have to ask yourself what you like, do you like something easy to understand, or would you rather have a higher return to track which categories are included? If you’re looking for a credit card that can easily get a reward, and you don’t need to track it too much, Citi’s double-discount credit card fits you.