I receive compensation for content and many links on this blog. Citibank is an advertising partner of this site, as is American Express, Chase, Barclays and Capital One. Any opinions expressed in this post are my own, and have not been reviewed, approved, or endorsed by my advertising partners. I do not write about all credit cards that are available -- instead focusing on miles, points, and cash back (and currencies that can be converted into the same). Terms apply to the offers and benefits listed on this page.
The Citi® Double Cash Card has no annual fee and earns 2% cash back (1% when you make a purchase and 1% when you pay for the purchase). That makes it one of the best value cards (strong rewards with no or low annual fee) and one of the very best cash back cards.
So far so good, it’s been a strong value card for awhile. However they made a change that turns the card from a top cash back card into a top card, period. The Citi® Double Cash Card‘s earnings transfer to Citi ThankYou Points at 1:1 (so $1 in cash rewards becomes 100 ThankYou Points).
On their own these points can’t transfer to most of Citi’s airline partners however if you combine points from a Citi® Double Cash Card into a Premier or Prestige card account you’ll be able to effectively use the card to earn 2 transferable points to airline miles per dollar spent. That means the minimum you’d ever earn is 2 miles per dollar with your choice of:
- Star Alliance: EVA Air, Avianca LifeMiles, Singapore Airlines, Thai Airways, Turkish Airlines
- oneworld: Cathay Pacific, Finnair, Qantas, Qatar
- SkyTeam: Air France KLM, Aeromexico
- Non-alliance: Etihad, Emirates, JetBlue, JetPrivilege, Virgin Atlantic
This becomes the single best personal card for unbonused spend since (paired with a Citi card whose points transfer to miles) it earns 2 airline miles per dollar spent without any category bonuses.