Many people hardly carry any cash on them but use credit cards for all their purchases instead. If that sounds like you, it is worth checking Citi Double Cash Credit Card.
However, it may not be the best card for you unless you pay your balance always in full at the end of billing cycle. There are many other credit cards out with a lower interest rate that might be more suitable for you. Personally, Double Cash is the credit card I use the most, for day to day purchases, paying bills and everything else. Now you are probably asking, how is it better than other credit cards?
Well, most of the credit cards reward their users with points that can be redeemed towards purchasing items from the credit card provider online store, variety of gift cards or credited towards the billing statement. How you redeem your points is up to you. The most important factor is which credit card rewards you the most based on your spending. For example, if you travel a lot, there are other cards that reward you more sky-miles.
Why Citi Double Cash Credit Card?
What I liked about Citi Double Cash Credit Card is first, you earn 1% unlimited cash back on every purchase you make. Then, as you pay for those purchases, whether it’s all at once or over time, you earn an additional 1% cash back on those payments, as long as you pay the minimum due. Basically, you earn unlimited 2% on everything.
Citi Double Cash is a credit card that rewards you twice!
At some point, Chase Freedom was the best card until they decided to retire the 3% unlimited cashback on purchases. Now Chase Freedom is no different than Discover Credit Card which was the first credit card with the revolving quarterly categories.
Personally, I do not like credit cards with revolving quarterly categories. It is hard to remember which category earning you 5% rewards. At the same, there is limit to how much you can earn in selective categories.
Do not get me wrong, I still have both Chase Freedom and Discover credit cards. As for Chase Freedom, it is no longer used by me especially that they no longer participate in online bill payment.
