Citi® Double Money Card – 18 month BT supply vs. Chase Freedom Limitless®: which is best for you?

When you’re contemplating opening a bank card, there isn’t a scarcity of choices. However in case you are searching for dependable money again rewards, then each the Citi® Double Money Card – 18 month BT supply and the Chase Freedom Limitless® are each nice choices. 

Past ample money again alternatives, you’ll must determine what different options matter to you. Whether or not you need an attractive stability switch possibility to offer you a break on curiosity funds or a profitable money bonus, one in all these bank cards may very well be the right match on your pockets. 

Fortunately, every of those playing cards provides large advantages. However which is best for you?

I’ll take a better have a look at these two reward-heavy choices that can assist you weigh the professionals and cons of every bank card earlier than you apply.

What’s Forward:

Citi® Double Money Card – 18 month BT supply vs. Chase Freedom Limitless® abstract

Citi® Double Money Card – 18 month BT and Chase Freedom Limitless® are each money again rewards bank cards with robust rewards alternatives. However every provides some distinctive options that make them stand out. 

As you discover these choices, think about what you’re searching for in a bank card. Do you need to maximize your money again by protecting monitor of various spending classes? Or do you need to preserve issues easy with a flat money again charge?

About Citi® Double Money Card – 18 month BT supply

Citi® Double Money Card – 18 month BT supply provides a 0% intro for 18 months on Steadiness Transfers, with an everyday APR of 14.74% – 24.74% (Variable) that follows. There may be an intro stability switch charge of three% per switch (minimal $5) accomplished inside the first 4 months of account opening. After that, your charge can be 5% of every switch (minimal $5).
Past the useful stability switch possibility, you’ll earn limitless 2% money again on each buy made with this card. You’ll get the primary 1% money again as you make purchases and the second 1% money again as you pay for these purchases. 

With the Citi® Double Money Card – 18 month BT supply, you gained’t have to fret about spending in several classes to maximise your rewards. As a substitute, you possibly can spend freely and benefit from the rewards. Plus, there isn’t a annual charge to fret about. 

About Chase Freedom Limitless®

The Chase Freedom Limitless® provides an attractive introductory bonus of an extra 1.5% money again on all the pieces you purchase (on as much as $20,000 within the first 12 months)- price as much as $300 money again! Along with the sign-up bonus, the rewards have the potential so as to add up shortly. 

You’ll earn 5% on journey bought via the Chase Final Rewards® portal, 3% on eating and drugstores, and 1.5% on all different purchases. You have got extra choices when it comes to redemption, together with a verify, assertion credit score, present playing cards, and journey booked via the Chase Final Rewards® portal. 

Much like the Citi® Double Money Card – 18 month BT, there’s a stability switch alternative. You’ll take pleasure in an introductory 0% Intro APR on Purchases for 15 months and 0% Intro APR on Steadiness Transfers for 15 months, with an everyday APR of 15.74% – 24.49% Variable thereafter. 

Rewards

Maximizing your rewards is a key a part of this determination. Right here’s how the rewards stack up:

Citi® Double Money Card – 18 month BT rewards

Citi® Double Money Card – 18 month BT provides a easy method to rewards. You’ll earn 2% money again on each single buy. You’ll get the primary 1% money again as you make purchases and the second 1% money again as you pay for these purchases.

The reward will present up as an announcement credit score. Sure, it’s actually that easy. 

Chase Freedom Limitless® rewards

Chase Freedom Limitless® provides money again rewards in several quantities for varied classes. Right here’s the breakdown:

<li5% again on journey booked via Chase Final Rewards®.

<li3% money again on eating and drugstore purchases.

<liUnlimited 1.5% money again on all different purchases.

Along with completely different tiers of incomes, there are alternative ways to redeem your rewards. You’ll be able to select from a number of redemption choices, together with a verify, assertion credit score, present playing cards, and journey booked via the Chase Final Rewards® portal.

APR

Right here’s how the prices of those two bank cards examine. 

Citi® Double Money Card – 18 month BT supply APR

Citi® Double Money Card – 18 month BT provides a 0% intro for 18 months on Steadiness Transfers. After that, the APR ranges from 14.74% – 24.74% (Variable). 

Chase Freedom Limitless® APR

The Chase Freedom Limitless® provides an introductory 0% Intro APR on Purchases for 15 months and 0% Intro APR on Steadiness Transfers for 15 months. After the introductory interval ends, the APR ranges from 15.74% – 24.49% Variable.

Charges

Though neither card has an annual charge, there are nonetheless some charges to concentrate on. 

Citi® Double Money Card – 18 month BT supply charges

Listed here are the charges related to the Citi® Double Money Card – 18 month BT supply:

• Late fee charge – As much as $40. 
• Returned fee charge – As much as $40. 
• Overseas transaction charge – 3% of the acquisition value. 
• Steadiness switch charge – There may be an intro stability switch charge of three% of every switch (minimal $5) accomplished inside the first 4 months of account opening. A stability switch charge of 5% of every switch ($5 minimal) applies if accomplished after 4 months of account opening.. An intro stability switch charge of three% applies per switch (minimal $5) when accomplished inside first 4 months of account opening.

These are comparatively normal charges, however one thing to bear in mind. 

Chase Freedom Limitless® charges

Listed here are the charges related to the Chase Freedom Limitless® 

• Late fee charge – As much as $40. 
• Returned fee charge – As much as $40.
• Overseas transaction charge – 3% of the acquisition value. 
• Steadiness switch charge – Both $5 or 3% of the quantity of every switch, whichever is bigger within the first 60 days. All different transfers can be $5 or 5% of the quantity of every switch.

If you’re searching for a stability switch alternative with decrease prices, the Citi® Double Money Card – 18 month BT is a greater match. 

Introductory bonus

Are you searching for an enormous bonus? The Chase Freedom Limitless® could be the higher possibility. 

Citi® Double Money Card – 18 month BT supply introductory bonus

Citi® Double Money Card – 18 month BT doesn’t supply an introductory bonus supply. 

Chase Freedom Limitless® introductory bonus

The Chase Freedom Limitless® provides an introductory bonus alternative of an extra 1.5% money again on all the pieces you purchase (on as much as $20,000 within the first 12 months)- price as much as $300 money again!

Bonus perks

Each bank card comes with particular perks, what do these playing cards supply past the rewards?

Citi® Double Money Card – 18 month BT supply bonus perks

Along with money again, the Citi® Double Money Card – 18 month BT supply provides:

• Entry to Citi Leisure® – With this Citi card, you’ll unlock Citi Leisure®, which supplies you particular entry to buy 1000’s of occasion tickets and unique experiences all year long. 
• 24-hour fraud safety – You’ll obtain an alert for any uncommon exercise. 
• The Misplaced Pockets Service – If you happen to lose your card, Citi will substitute it shortly. The corporate website suggests you’ll obtain your substitute in 24 hours. 
• Buy safety – If unauthorized prices hit your account, you’ll not be liable. 

Chase Freedom Limitless® bonus perks

Right here’s what the Chase Freedom Limitless®, past the excellent rewards:

• Journey insurance coverage – With this Chase card, you’ll have journey cancellation/interruption insurance coverage for eligible purchases. You may be reimbursed as much as $1,500 per individual and $6,000 per journey. 
• Lyft low cost – You’ll obtain a 5% Lyft low cost. 
• 24-hour fraud safety – You’ll obtain an alert for any uncommon exercise. 
• Zero legal responsibility safety – If there are unauthorized prices in your card, you gained’t be held accountable. 

Citi® Double Money Card – 18 month BT supply vs. Chase Freedom Limitless® professionals

Let’s check out the professionals that stand out. 

Citi® Double Money Card – 18 month BT professionals:

• No annual charge – An annual charge gained’t have an effect on your funds.
• Earn money again with ease – No want to fret about spending classes since you’ll earn 2% money again (1% once you purchase and 1% once you pay) on limitless purchases. 
• Useful stability switch possibility – Reap the benefits of a 0% intro for 18 months on Steadiness Transfers (with an everyday APR of 14.74% – 24.74% (Variable) after the intro). 

Chase Freedom Limitless® professionals:

• Signal-up bonus – Earn an extra 1.5% money again on all the pieces you purchase (on as much as $20,000 within the first 12 months)- price as much as $300 money again!
• Money again alternatives in a number of classes – These can work in your favor relying in your spending habits. 
• No annual charge – Annual charges won’t creep into your assertion. 
• Excellent introductory APR – A 0% Intro APR on Purchases for 15 months and 0% Intro APR on Steadiness Transfers for 15 months is a good alternative. 

Citi® Double Money Card – 18 month BT supply vs Chase Freedom Limitless® cons

All the things has cons. Right here’s what stands out to me. 

Citi® Double Money Card – 18 month BT supply cons:

• No sign-up bonus – In contrast to the Chase Freedom Limitless®, you’ll must forgo an enormous welcome bonus. 
• Overseas transaction charge – Each of those playing cards have this charge which may very well be an element for those who journey usually. 
• Potential expiration on rewards – If you happen to don’t earn money again for 12 months from funds or purchases, then your rewards might expire. 

Chase Freedom Limitless® cons:

• Overseas transaction charge – Each of those playing cards have this charge which may very well be an element for those who journey usually. 
• Complicated tiers – If you’d like a easy flat money again charge, then this card may very well be tedious to maintain monitor of. 

Why select Citi® Double Money Card – 18 month BT?

Simplicity

A flat 2% money again charge retains issues easy. You’ll all the time know what you’re incomes out of your purchases with out checking an inventory of classes. 

If you wish to preserve your funds so simple as potential whereas having fun with massive rewards, then the Citi® Double Money Card may very well be the right increase on your spending. In spite of everything, who wouldn’t need 2% money again on each single buy? 

Engaging stability switch

If you’re working to repay bank card debt, then you recognize that top rates of interest could make issues tougher. Even with a modest quantity of bank card debt, a excessive rate of interest can multiply your debt sooner than you possibly can sustain. That’s when a stability switch can actually turn out to be useful. 

For the reason that Citi® Double Money Card – 18 month BT provides an introductory 0% intro for 18 months on Steadiness Transfers, this generally is a nice alternative for those who want a stability switch. Plus, you’ll get an everyday APR of 14.74% – 24.74% (Variable) after the intro interval. 

Why select Chase Freedom Limitless®?

Large sign-up bonus

Are you searching for a fast win on your funds? It may be laborious to withstand the excellent introductory supply of an extra 1.5% money again on all the pieces you purchase (on as much as $20,000 within the first 12 months).

The Chase Freedom Limitless® supplies a profitable alternative to place an enormous payday in your pocket shortly. If you happen to want an inflow of money and already plan to fulfill the spending requirement, then this card supplies a superb alternative. 

Versatile redemption

While you accumulate rewards shortly, redeeming your factors will be constraining with different bank cards. Though nobody will flip down an announcement credit score, having the choice to redeem your factors in different methods can open up thrilling choices. 

In fact, the rewards earned via this card can be utilized as money again in your assertion, however you might department out and use the rewards for present playing cards or journey via the Chase Final Rewards® portal. If you’re trying to journey extra or love having present playing cards to spend at your favourite shops, then you definitely could be happiest with this card.

Abstract

Each playing cards supply a chance to money in on rewards. If you’re searching for a stability switch alternative with a easy rewards system, then the Citi® Double Money Card – 18 month BT supply is a greater match. If you’d like an enormous welcome bonus and tiered rewards, then the Chase Freedom Limitless® may very well be the precise possibility for you. 

Take a while to think about how the 2 playing cards might impression your funds. 

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