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The Best Cash Back Card

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There are lots of cash back cards out there. Some cards earn up to 6% cash back, but you’re limited on how much you can earn.

You want a simple straight-forward cash back card that earns unlimited cash back on everything.

The Best Cash Back Card Traveling Well For Less

Do you know the best cash back card?

That’s why the best cash back card is the Citi Double Cash card.

Citi Double Cash Traveling Well For Less

You earn unlimited cash back on everything with the Citi Double Cash card

The Best Cash Back Card

You earn 1% cash back on all purchases with the Citi Double Cash card.

So when you shop at the grocery store, fill up at gas stations, eat at restaurants, buy plane tickets, etc., everywhere you use the card, you’ll earn 1% without limits.

Sure you’re thinking 1%, so what.  Well, here’s what.

You earn 1% from your first purchase through your last purchase.

There’s no cap on how much cash back you can earn.  No bonus categories you have to remember to activate each month.

Simply use your card and earn 1% cash back. Simple. And shouldn’t everything in life be that simple?

get cash back on groceries Traveling Well For Less

Cash back on all purchases including groceries

Bonus 1%

You’ll earn an additional 1% cash back when you pay your bill each month.

Whether you pay only the minimum payment or pay your bill in full, you get the additional 1% cash back.  However, you should always pay your bill in full instead of carrying a balance.

So if your statement balance was $1,250, you’d earn $25 cash back (1% x $1,250 from your purchases + 1% x $1,250 for paying your bill).
There is a $25 minimum redemption, whether you’re redeeming for statement credit, gift cards, or cash back.

No Annual Fee

There’s no annual fee.

And because the Citi Double Cash card is a World MasterCard you get all the extra benefits the come with a World MasterCard like extended warranty, price protection and special hotel rates and travel deals.

$200 Sign-up Bonus

Check your snail mail because there have been reports of a targeted $200 sign-up bonus after spending $1,000 in the first 3 months.

But What About the Fidelity Investment Rewards American Express?

You can also earn 2% cash back and no annual fee with the Fidelity Investment Rewards American Express.

But some places don’t accept American Express.  Because MasterCard is more accepted it makes sense to get a card that’s easier to use.

The Secret

Not withstanding the 2% cash back, no annual fee, and World MasterCard benefits, here’s why the Citi Double Cash card is the best cash back card: conversion.

You can convert a current Citibank card to the Citi Double Cash card.

But the card you convert must be at least one year old.  So you can’t convert a card you’ve had for 11 months or less.

So if you got the Citi AAdvantage card, the Citi Double Cash card could be a good replacement.

You can offset your expenses and earn a profit if you happen to do a lot of spending whether it’s at a mall, grocery store, drug store, or office store.

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Chase Sapphire Preferred® Card

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My favorite perks about this card are earning 5X points on travel when booked through the Chase portal (2X if direct purchase), 3X points on dining, $50 yearly credit on hotels booked through the Chase portal, no foreign transaction fees, and transferring points to 13 airline and hotel partners like Hyatt, United, and Southwest.
 

Chase Freedom Unlimited®

The Chase Freedom Unlimited® is one of my favorite cards for earning cash back card and travel rewards. It offers a welcome offer of an additional 1.5% cash back on all your purchases up to $20,000 your first year.
 
My favorite perks about this card are earning 5% cash back on travel booked through the Chase Travel Portal, 3% cash back at drugstores and restaurants (including delivery and takeout), 1.5% cash back on all other purchases and no annual fee. When paired with cards like the Chase Sapphire Reserve® Card or Ink Business Cash® Credit Card, you can use your points to travel for free.
 

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ff_lover

Sunday 18th of January 2015

In your opinion, how does Citi Dbl CB card compares with Barcleys Arrival plus that lot of bloggers push for the long term (w/o counting on getting the annual fee waived for Arrival)?

Debbie @ Traveling Well For Less

Sunday 18th of January 2015

Hi ff_lover,

I like the Barclay Arrival card as well. However, with the Arrival card you only get 2.2% cash back when you redeem for travel expenses and 1% on everything else.

With the Citi Double Cash, you get 2% on everything. So it's a more versatile card.

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