The cash back you earn for any month remains in your account as a future reward, as long as you make at least the minimum payment every month. When those purchases are paid off, you automatically receive the remaining 1% in cash back, for a total of 2%. The only exceptions might be for purchases on which you own another card that pays a better rate on any particular purchase.Ĭharging purchases to the card earns you 1% in cash back. You’ll earn the most with the Citi Double cash card if you simply use it for every expense you can, from groceries to major household costs. Getting the most out of this card is pretty straightforward since there’s no need to worry about spending caps or rotating categories. That could take some cardholders a while-since you need to charge and pay off $1,250 to reach that rewards balance.Īlso, whereas rewards with many cards never expire, those with this card do, so if you don't earn cash back on purchases or payments for 12 months. However, with the Citi Double Cash, your rewards balance must reach at least $25 to request redemption. Competitors like the Capital One Quicksilver-which pays a lower 1.5% cash back rewards-allow you to redeem rewards for any amount at any time.
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