Learn How to Apply for a Citi Double Cash Card
Key Information for Citi Double Cash Card Applicants
The Citi Double Cash Card isn’t complicated when it comes to rewards; it offers 2% cash back on all purchases. There are no bonus categories to consider, ensuring that every purchase has an equal opportunity to earn, with no ceiling on the rewards.
However, there’s a two-stage process to earn the cash back: you get 1% when you buy and an additional 1% when you pay off the purchase. This applies specifically for those making the minimum payment in a timely manner. These rewards come to you as thank-you points.
Unfortunately, not all transactions are eligible for rewards. Balance transfers, cash advances, account fees, interest, and subsequently returned items are excluded.
Your accrued ThankYou points can be used in a variety of ways, including cash back, travel partner transfers, and more.
This card’s simplicity lies in its hefty rewards rate, doubling the industry standard at 2%, coupled with security measures that safeguard against identity theft with monitoring and alerts.
It also affords flexibility in redemption options, providing a choice between statement credits, gift cards, and transfers to partners.
The Citi Double Cash Card is an effective tool for accumulating rewards for those who consistently pay their bills on time.
Eligibility Criteria
To qualify for the Citi Double Cash Card, you must meet the age requirement of 18 years, or 21 in Puerto Rico, and maintain sound financial health, typically demonstrated by a FICO score of around 670.
Applicants are also required to be residing within the United States or its territories.
For individuals who live within U.S. territory, this residency requirement makes them eligible for the Citi® Double Cash Card.
Meeting these requirements serves to streamline the application process and increase the chances of being approved for the Citi® Double Cash Card.
Applicants should take note that Citi may ask for proof of income, so a verifiable income source to showcase the applicant’s income-expenditure ratio is essential.
Citi adds that, even if these requirements are met, applications are still subject to the bank’s discretion.
Application Process for the Citi Double Cash Card
Citi extends its credit card services to both its existing clients and non-customers. Existing clients gain advantage from a simplified application process since the bank is already familiar with their details.
Applicants who are not existing clients need to fill out a form provided on the bank’s official website. The necessary data include the applicant’s full name, address, social security number, phone number, and financial details such as income and expenses.
The bank may request certain documents during the application process, such as proof of residence, income verification, recent bank statements, and payment receipts.
Post submission, Citi quickly analyses the applicant’s credit score and financial details to respond promptly.
In case of a rejection, the bank may provide feedback on how the customer can ameliorate their credit history.
For any queries or concerns, customers can reach out to the bank through its phone service, online support, or by visiting an accredited Citi branch.
Additional Information
Customers qualifying for a $200 cashback bonus must spend at least $1,500 within the initial six months.
The bank also organizes seasonal offers, such as a 5% cashback bonus on designated travel purchases. Customers should regularly check the bank’s updates to stay informed about the validity periods of these promotions.
The card supports contactless payment or digital wallets, alongside conventional PIN use.
Beyond financial benefits, customers enjoy round-the-clock support for cases of fraud and lost cards, and identity verification. They also receive access to Citi Entertainment, offering a range of events and promotions.
Considering Other Options?
Despite the Citi card being effective for diverse user requirements, it may not fulfill everyone’s needs, which is perfectly acceptable.
An alternative to consider is the U.S. Bank Visa Platinum, another popular option in the U.S. market, facilitated by the renowned brand’s association with one of the country’s premier banks.
