NEW YORK—In a move to attract new business, Citi is now offering a welcome bonus on its Citi Double Cash Card.
New cardholders can earn $200 after meeting the minimum spending requirement, CNBC reported.
The Citi Double Dash Card, which Select ranked as one of the best cash-back credit cards with no-annual-fee, offers 2% cash back for purchases — 1% cash back for all eligible purchases, plus an additional 1% cash back after the monthly credit card bill is paid.
CNBC said that what makes the card especially appealing for consumers is they don’t need to track any specific spending categories to get the rewards, as is the case with many other cards.
“And during times of record-high inflation, cash-back rewards can really help you save on the everyday purchases you’re already making,” CNBC said.