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Citi is an promoting accomplice
(The Citi Premier® Card and Citi Status® Card are now not accessible)
Key takeaways
- The Citi Customized Money® Card and Citi Double Money® Card are each no-annual-fee money again playing cards with stable intro APR affords.
- The perfect card for you’ll rely in your intro APR wants in addition to your ongoing urge for food for strategizing along with your playing cards to maximise your rewards. If simplicity is your aim, Double Money is probably going the higher match.
- With each playing cards, the perfect rewards worth comes from combining factors earned with these playing cards below a premium Citi bank card and transferring these factors to a high-value journey accomplice.
Citi affords distinctive money again that mimics some common 5 % money again playing cards whereas providing extra flexibility. As an alternative of providing money again solely in rotating bonus classes, the Citi Customized Money® Card adapts to your spending habits by incomes 5 % again in whichever eligible class you spend essentially the most in every billing cycle (on the primary $500 you spend per billing cycle, then 1 % again). The cardboard additionally carries a beneficiant welcome bonus and no annual payment.
However how does the Customized Money Card stack up in opposition to what could also be the preferred Citi rewards card of all of them — the Citi Double Money® Card? Providing an much more streamlined money again program, the Citi Double Money Card earns a flat 2 % again per greenback — 1 % once you purchase and one other 1 % once you repay your purchases.
Whereas both card could be a profitable addition to your pockets, one could also be a greater match primarily based in your spending habits and money again technique. Learn on to learn the way the Customized Money Card compares to the Double Money Card in relation to incomes charges, welcome bonuses, advantages and extra.
Most important particulars
| Card | Citi Customized Money Card | Citi Double Money Card |
|---|---|---|
| Welcome bonus | $200 money again (fulfilled as 20,000 ThankYou factors) after spending $1,500 within the first 6 months from account opening | $200 money again (fulfilled as 20,000 ThankYou factors) after spending $1,500 within the first 6 months from account opening |
| Rewards fee | Earn 5% again in your high eligible spending class every billing cycle (as much as $500 spent, then 1% again) and 1% again on different purchases | Earn 2% again for every greenback spent (1% when a purchase order is made and one other 1% when it’s paid off) |
| Intro APR | 0% APR on purchases and stability transfers for 15 months, adopted by a variable APR of 19.24% to 29.24% | 0% APR on stability transfers for 18 months, adopted by a variable APR of 19.24% to 29.24% |
| Annual payment | $0 | $0 |
Citi Customized Money vs. Citi Double Money Card highlights
Rewards fee winner
Welcome bonus winner
Overseas transaction payment winner
Which card earns extra?
Citi Double Money carries acquainted flat-rate rewards, however the Citi Customized Money Card affords a novel tackle rotating 5 % money again classes, as a result of it mechanically earns money again in whichever bonus rewards class you’ve spent essentially the most in every month. Eligible bonus classes are eating places, gasoline stations, grocery shops, choose streaming companies, choose journey purchases, house enchancment shops, health golf equipment, stay leisure and drugstores.
Each of those playing cards are interesting because of their sensible money again packages, however which card earns extra will depend upon each what you purchase and the way a lot you spend on a bank card every month. Finally, should you max out the Customized Money $500 spending cap in an eligible class every billing cycle however spend lower than $2,000 per 30 days total, you’ll come out forward with that card.
Citi Customized Money Card vs. Citi Double Money Card spending instance
Contemplating how money again works with these two playing cards, the Citi Double Money Card is the higher possibility for individuals who put greater than $2,000 per 30 days on a bank card.
Let’s say you have got the Citi Customized Money Card and max out your top-earning money again class every month with $500 in spending, and that you simply use your bank card for an additional $1,500 in spending every month. In that case, you’ll earn $40 in rewards every billing cycle—the precise quantity you’ll earn spending $2,000 on the Citi Double Money Card.
Nevertheless, should you spent $2,500 on the Citi Customized Money Card (together with $500 in an eligible bonus class) every billing cycle, you’ll internet $45 in rewards every month in comparison with the $50 in rewards you’ll earn with the Citi Double Money Card.
Why must you get the Citi Customized Money Card?
Together with its spectacular rewards fee alternative in sensible classes like grocery retailer and gasoline purchases, there are a variety of causes to think about the Citi Customized Money Card over the competitors. The next elements ought to play a job in your resolution:
Why must you get the Citi Double Money Card?
The simplicity of incomes money again with the Citi Double Money Card makes it a well-liked selection for rewards fanatics and heavy spenders who need to stick with a single money again card. We evaluate another Citi Double Money Card advantages right here:
The underside line
Each the Citi Customized Money Card and the Citi Double Money Card are stable money again bank cards, however the precise one for you is dependent upon your spending and objectives. Be certain to check money again bank cards primarily based on how they may work for what you hope to perform, whether or not you need to maximize your rewards otherwise you need to entry an introductory APR for purchases or stability transfers.
Additionally, contemplate the prospect of selecting up each of those rewards bank cards to maximise your rewards. With each the Citi Customized Money Card and the Citi Double Money Card in your pockets, you might max out 5 % classes every billing cycle after which use your Citi Double Money Card to earn 2 % again on all different purchases.
*Details about the Chase Freedom Flex® has been collected independently by Bankrate. The cardboard particulars haven’t been authorised or reviewed by the issuer.
