Citi Double Cash Offers $200 Bonus
Citi Double Cash is a popular no-fee credit card that earns 2% cash back on all purchases. But since late March, Citi Double Cash cardmembers started earning ThankYou Points instead. Citi Double Cash cardmembers can still redeem points for cash back, statement credit or check at a value of 1 cent per point. But the points are more valuable when used at travel partners. And for the first time the card comes with a welcome offer, worth $200. We’ll go through why that should be intriguing to some.
Update 11/14/22: This offer is supposed to end sometime today.
- Earn $200 cash back (or 20,000 ThankYou Points) after spending $1,500 on purchases in the first 6 months of account opening.
- 0% Intro APR for 18 months on balance transfers.
- No Annual Fee
- Learn More
Why This Could Be Interesting To Some
The long time plan to gain a Double Cash was to sign up for a more valuable card like the Citi Premier, which currently has an 80,000 point increased offer, and then product change into a Citi Double Cash. That was because the Double Cash didn’t have a welcome offer and this was a way to kill two birds with one stone so to speak. That plus the 48 month Citi application rule made this the best option.
But, this offer does NOT have the 24 month language. The fine print only notes that the offer is for “New cardmembers only.” That means you could get the Citi Double Cash and the Citi Premier and get the welcome offer for both etc. This was one of the reasons I had my wife grab a Citi Custom cash when it first came out.
This only makes sense for people already outside of Chase 5/24 though.
Citi Double Cash $200 Welcome Offer: Final Thoughts
This is the best offer we have seen for the Citi Double Cash card. Usually there’s no signup bonus at all, and occasionally we see a $100 bonus, but getting a $200 is very rare. Now the bonus is even more valuable in the form of 20,000 ThankYou points. Throw in the fact that the card is outside of the normal 48 month ThankYou point application rules and you have a nice, easy win on your hands.
Capital One Venture X Business earns 2X miles on everyday purchases plus up to 10X in bonus categories. You also get access to Capital One lounges plus an annual travel credit & anniversary bonus. Right now you earn bonus_miles_full.
Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities.