The Citi Double Cash card is arguably one of the most profitable and simple cash back rewards programs available. With up to 1.2% cash back earnings for every dollar paid, it is hard to surpass this no-interest, no-fraction-off-card. It pays you to shop, instead of just use it.
While this card was first designed for people who shop at a store frequently, it is very effective in using as a cash back rewards program. When you use your card, you will earn points that can be redeemed for discounts or cash back. Every dollar spent earns you three points. The more money you save with the card, the greater your cash back ratio will become.
The best part about this card is that it is not a credit card. You can use your points to shop at stores, restaurants, gas stations and much more. And since the card doesn't require you to spend any down payment or carry over a balance, you won't have to worry about these fees. If you are using this card to earn rewards, you can also use it for cash advances. The cash advance rate on this card is one percent higher than the usual interest rate.
When you redeem your cash backs, they can be used in several ways. You can use them on regular purchases at a store, restaurants or gas stations, or for any type of cash advance. This can help to pay for your unexpected bills or expenses. Since the card is non-refundable, it is ideal to use it responsibly.
If you need to use your points quickly, don't overlook cash advances. They work in the same way. You can use your cash backs to pay for an emergency bill or a car repair. As long as you have made timely payments on time for six months, you'll receive a cash advance reward of up to $500.
So, don't overlook cash back rewards when shopping. The only drawback is that they aren't really rewards; they are more like coupons.
You can use your points to purchase items on the web or at participating merchants. If you don't have enough points in your account, you can still earn cash rewards.
Because the card offers so many different benefits, you can combine the cash rewards with other types of savings, such as rebates, and get the most out of your spending. Plus, the lower interest rate makes this card very attractive to consumers.
Cash back cards are easy to find. Just keep in mind that most of them come with a free trial, and will allow you to earn rewards with this card after you have proven yourself.