The Citi Double Cash® Card offers an easy-to earn bonus for new cardmembers. And you get six months to earn the bonus. Here’s everything you need to know about the Double Cash welcome offer.
Citi Double Cash® bonus: Easy $200 cash back
Citi Double Cash® Card welcome offer
Welcome offer: Earn $200 cash back after you spend $1,500 on purchases in the first 6 months of your Citi Double Cash® card account opening.
This bonus is marketed as cash back, but earned as Citi ThankYou® Points. This card enables cash back redemptions at 1 cent per point.
Annual fee: $0
My take: Decent bonus on a no-annual fee card, but high spending requirement
While the Double Cash hasn’t always offered a welcome bonus, it has consistently offered the current bonus for the past few years, so I’m comfortable saying that it’s not going away any time soon.
The spending requirement on this bonus is moderate—it’s certainly not one one of the easiest cash back sign-up bonuses to earn. But you do get a six month window to earn the bonus, which makes the $1,500 spending requirement a bit easier to swallow..
Personally, I wouldn’t get this card just for its sign-up bonus. When the best easy cash back bonuses are offering $200 after spending much less, the Double Cash isn’t a card that you’re getting for the sign-up bonus.
I recommend everyone have at least one card that earns 2% cash back or greater rewards. And the Double Cash can be a good choice for occupying the “everywhere else” slot in your wallet, especially if you’re invested in the ThankYou Rewards ecosystem.
Bonus eligibility: Are you eligible to earn the sign-up bonus?
Like the other cards offering ThankYou® Points for welcome bonuses, you can only receive a welcome bonus for opening a new Citi Double Cash® Card once every 48 months. Recently, Citi updated the terms to include accounts converted to a Citi Double Cash account. (See the recent addition, in boldface, below.)
Bonus ThankYou® Points are not available if you have received a new account bonus for a Citi Double Cash account in the past 48 months or if you converted another Citi credit card account on which you earned a new account bonus in the last 48 months into a Citi Double Cash account.
Citi Double Cash® Card bonus terms
At a glance: About the Citi Double Cash® Card
The Citi Double Cash® Card is the card you want to use “everywhere else” if you’re collecting ThankYou® Points and it’s also great as a 2% cash back everywhere card. The recent addition of an extended warranty benefit substantially ups the card’s value for many.
Citi Double Cash® Card welcome offer
Welcome offer: Earn $200 cash back after you spend $1,500 on purchases in the first 6 months of your Citi Double Cash® card account opening.
This bonus is marketed as cash back, but earned as Citi ThankYou® Points. This card enables cash back redemptions at 1 cent per point.
Annual fee: $0
Rewards
- 5% total cash back on hotel, car rental, and attractions booked through the Citi Travel portal.
- 2% cash back on every purchase
Earn 1% cash back when you buy, plus an additional 1% as you pay.
Rewards are earned as Citi ThankYou® Points.
Benefits
- Extended warranty
Rates and Fees
- Annual fee: $0
- Foreign transaction fee: 3% of the U.S. dollar amount of each purchase.
Bottom line: Okay bonus, but a great “everywhere” card.
You’ll get the Citi Double Cash because it is a great “default” card option to use everywhere that is available nationwide with no real strings (like large balances in an an investment account) attached. This is a card that should probably be in your wallet, and getting a bonus as a new cardmember is a nice perk.
