What's the Citi Double Cash APR? This question is about the Citi® Double Cash Card – 18 month BT offer

The Citi Double Cash Card APR is 18.24% - 28.24% (V), based on creditworthiness. Citi Double Cash Card also has an introductory rate of 0% for 18 months on balance transfers. It takes effect as soon as the account opens. Once the intro rate expires, the regular APR will apply to any remaining transferred balances. Here is what you need to know about the Citi Double Cash Card APR: Regular APR: 18.24% - 28.24% (V), based on each approved applicant’s income, debt, and credit score, among other factors. The card’s interest rate is variable, meaning it can change based oncertain economic conditions. Introductory APR: This card offers a balance transfer intro APR of 0% for 18 months. Each balance transfer is subject to a balance transfer fee of 3% intro fee ($5 min) for each transfer in first 4 months, after that 5% ($5 min) for each transfer. Once the introductory balance transfer period is over, your remaining balance will accrue interest at the regular APR. There is no introductory rate for purchases. This means interest is paid at the regular APR, unless statement balances are paid in full by each due date. Cash advance APR: The cash advance interest rate is 29.49% (V). Cash advances are also subject to a 5% (min $10) cash advance fee. There is no grace period for cash advances, so interest starts to accumulate as soon as you complete the transaction. Penalty APR: The penalty APR is up to 29.99%. This APR may be applied to your account when making a late payment or for returned payments. You can avoid Citi Double Cash Card APRs altogether by staying away from cash advances and by always paying the entire balance in full and on time.

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What's the Citi Double Cash APR?

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This question is about the Citi® Double Cash Card – 18 month BT offer

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Bogdan Roberts, Credit Cards Moderator

@bogdan_roberts • 10/21/22 This answer was first published on 06/04/21 and it was last updated on 10/21/22.For the most current information about a financial product, you should always check and confirm accuracy with the offering financial institution. Editorial and user-generated content is not provided, reviewed or endorsed by any company.

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The Citi Double Cash Card APR is 18.24% - 28.24% (V), based on creditworthiness. Citi Double Cash Card also has an introductory rate of 0% for 18 months on balance transfers. It takes effect as soon as the account opens. Once the intro rate expires, the regular APR will apply to any remaining transferred balances.

Here is what you need to know about the Citi Double Cash Card APR:

Regular APR: 18.24% - 28.24% (V), based on each approved applicant’s income, debt, and credit score, among other factors. The card’s interest rate is variable, meaning it can change based oncertain economic conditions.
Introductory APR: This card offers a balance transfer intro APR of 0% for 18 months. Each balance transfer is subject to a balance transfer fee of 3% intro fee ($5 min) for each transfer in first 4 months, after that 5% ($5 min) for each transfer. Once the introductory balance transfer period is over, your remaining balance will accrue interest at the regular APR.

There is no introductory rate for purchases. This means interest is paid at the regular APR, unless statement balances are paid in full by each due date.
Cash advance APR: The cash advance interest rate is 29.49% (V). Cash advances are also subject to a 5% (min $10) cash advance fee. There is no grace period for cash advances, so interest starts to accumulate as soon as you complete the transaction.
Penalty APR: The penalty APR is up to 29.99%. This APR may be applied to your account when making a late payment or for returned payments.

You can avoid Citi Double Cash Card APRs altogether by staying away from cash advances and by always paying the entire balance in full and on time.

Answer Question

What is the Citibank credit card interest rate?

The Citibank credit card interest rate could be anywhere from 17.24% (V) to 28.99% (V). The interest rate that you will get depends on both your creditworthiness and which credit card you apply for. All Citibank credit card APRs are variable, meaning they can change over time.

Some Citibank cards may also offer new cardholders introductory 0% interest rates on purchases or balance transfers for a set number of months. After a card’s intro rate expires, the regular interest rate applies to any remaining balance.… read full answer

Citibank Credit Card Interest Rates By Card

Citi® Diamond Preferred® Card: 17.24% - 27.99% (V).

Citi Rewards+® Card: 17.74% - 27.74% (V).

Citi® Double Cash Card – 18 month BT offer: 18.24% - 28.24% (V).

Citi Premier® Card: 20.24% - 28.24% (V).

Citi® Secured Mastercard®: 26.74% (V).

Citi Custom Cash℠ Card: 18.24% - 28.24% (V).

Citi Simplicity® Card: 18.24% - 28.99% (V).

Keep in mind that there is also an APR for cash advances of 29.49% (V) for all Citibank credit cards.

If you want to increase the chances of getting a low Citibank credit card interest rate, you should make sure your credit is as good as possible before applying. Doing anything you can to bump up your income can also make a difference. But if you pay your credit card bill in full every month, you won’t ever have to worry about the interest rate.

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What credit score do you need for Citi Double Cash?

The credit score you need for the Citi Double Cash Card is 700+. This means you need at least good credit to get approved for this card. Simply having a 700 credit score does not guarantee approval, however. There are other factors in play, including how your income compares to your debt obligations, and your overall ability to make credit card payments.… read full answer

You can check your latest credit score for free on WalletHub, the only site with free daily updates, to get a sense of your Citi Double Cash Card approval odds. You will also get personalized credit improvement tips to help maximize your chances.

Finally, if you don’t think you have the kind of credit score needed for Citi Double Cash Card approval, that doesn’t mean you’re out of options. You can check out the rest of WalletHub’s picks for the best rewards credit cards to find an offer that suits your standing. Keeping your account in good standing by paying your bills on time and in full will help you improve your credit score and gain access to better credit card deals.

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How do I get a Citibank credit card limit increase?

You can request a Citibank credit card limit increase online, through the Citi Mobile App, or by phone, at (800) 950-5114. Citi may also offer an automatic credit limit increase if its regular reviews of the account show a history of on-time payments and low debt. Periodic reviews typically start after the account has been open for about six months. To make a decision about a credit limit increase, Citi will also review your current income as well as your credit history.… read full answer

When requesting a credit limit increase, Citibank will consider several factors that determine whether a soft pull or a hard pull will be used. But you can rest assured that Citibank will always notify you before doing a hard pull on your credit report. In case the request will result in a hard pull, it may cause a short-term dip in your credit score. When Citi offers an automatic credit limit increase; they will always use a soft pull.

How to get a Citibank credit card limit increase online:

Select “Request a Credit Limit Increase” under the Card Management menu.

Choose the Citibank account for which you’re requesting the increase (if you have more than one).

Enter your total annual income and monthly mortgage/rent payment. Click “Continue.”

Confirm the information entered and click “Continue” to submit the request.

You should receive the decision within a few seconds of submitting the request. If you’re approved for an increase, the new credit limit is effective immediately.

A Citibank credit card limit increase can boost your credit standing if you use the extra purchasing power responsibly. The added credit can lower your utilization, assuming your spending does not increase, and that in turn can raise your credit score. If you’re planning on making a major purchase soon, an increase will also reduce the risk of maxing out the card’s credit limit.

To raise your chances of being approved for an increase, always pay your bill on time and pay more than the minimum due. And if your income increases, make sure to update that information on your online account, as Citi will see that you can afford higher limits.

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WalletHub members have a wealth of knowledge to share, and we encourage everyone to do so while respecting our content guidelines. This question was posted by WalletHub. Please keep in mind that editorial and user-generated content on this page is not reviewed or otherwise endorsed by any financial institution. In addition, it is not a financial institution’s responsibility to ensure all posts and questions are answered.

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