How can I redeem Citi Double Cash rewards?

You can redeem your Citi Double Cash Card rewards by logging in to your online account either through the Citi ThankYou Rewards website or its mobile app. As of March 2022, Citi Double Cash Card switched to the ThankYou Rewards program, offering plenty of redemption options. You can now redeem your rewards for cash back as a check, statement credit, and gift cards, among other options.

Citi Double Cash Card redemption options:

• Statement credit: With this option, you can redeem points for cash back with as little as $0.01.
• Direct Deposit: You can redeem as little as $0.01 for cash that will be directly deposited to a Citibank checking or savings account.
• Check: You can redeem your points for a check payable to you. The minimum redemption amount for a check is $5. 
• Gift cards: Trade points for gift cards in many categories, from clothing and department stores to electronics and restaurants. You can usually redeem at a rate of 1 cent per point, but certain gift cards may be on sale. It takes 1 to 3 weeks to receive a gift card after redeeming.
• Travel: Use points to book flights, hotels, rental cars, cruises, and more. The value of points can vary based on the type of travel, length of the trip, and more.
• Shop with Points: Use points to pay for purchases directly on a retailer’s website or get a statement credit for purchases after you make them. Points are worth 0.8 cents each with this option.
• Other ways to redeem: The Citi Double Cash Card offers a few other redemption options. You can transfer points to partnered airline or retail loyalty programs at a 1:1 ratio, make charitable donations, and more.

Citi Double Cash Card offers 2% back - half when you make purchases and the other half as you pay for them. Citi Double Cash Card rewards don’t expire as long as your account is open.

There's no rule regarding how often you should redeem your cash back. You can do that once a year if you like. However, you should keep in mind that your cash back will expire if you haven't used the card for 12 months.