Compare the Features and Benefits of Citi® Double Cash Card and
Capital One Venture X Business

The Citi Double Cash® Card isn’t a card loaded with features and benefits.

But it has one killer feature that makes the card a must-have for nearly everyone and that’s the simple fact that it earns 2% on every purchase with unlimited 1% cash back when you buy, plus an additional 1% as you pay for those purchases. To earn cash back, pay at least the minimum due on time.

And before we forget, it also comes with a pretty amazing intro offer for balance transfers, as outlined in the Key Facts at the top of the page and in the 0% Intro APR on Balance Transfers section above.

You don’t have to think about bonus categories with this credit card. The answer to “what will I earn here” is always 2% as long as you pay your bill.

Just one caveat: the Double Cash does not come with some expected benefits, like trip protections or purchase protection. However, it does have extended warranty making it a solid choice for retail purchases.

That said, why is it a must have credit card for nearly everyone?

Three reasons:

1) There is no consumer credit card issued by a major bank that earns a higher % of cash back with no annual fee, no limit on cash back, and no “other requirements.” None.

2) You can use this as your one credit card if you are completely averse to using multiple credit cards (although you’ll need to be aware of the foreign transaction fees charged if you travel internationally). But even better is to use this as your “default” card. What I mean by that is you may have a card that earns 4X on dining and groceries and another that earns 3% on drugstores, but that’s it. What about an insurance payment? What about daycare?

On most other credit cards, if you aren’t spending in a bonus category, you only earn 1X or 1% back. For example, the Citi Strata℠ Premier Card pays 3X in certain categories (Air/Hotel, Gas, Restaurants and Supermarkets) and 1X in everything else. So you can “Double Up” by having both cards.

The Citi Double Cash card earns 2X Thank You® points on everything. If your purchase is in a Citi Premier card bonus category, go ahead and make the purchase with your Citi Strata℠ Premier Card. If it’s in any other category, make the purchase with your Double Cash card. That way, you’ll get one percent when you make the purchase and another percent when you pay it. With a Double Cash card in your pocket, you can always take it out when you have no bonus category available, ensuring that you never, ever earn less than 2% back on any purchases.

3) While you’ll earn cash back rewards with this card, it earns it as ThankYou® points. If you only have the Double Cash alone, that keeps things simple. It’s cash! You can cash out as a statement credit, via direct deposit to your bank account, or by check.

Pair with a Citi Strata℠ Premier Card – a great credit card strategy

In that case, once again, you simply pair this card with a Citi Strata℠ Premier Card. That would allow you to pool all of your ThankYou® points together and, because of the Premier, you’ll unlock access to all of the transfer options listed below, the best kind of credit card rewards:

What are some of the ways you can use Citi ThankYou® points for outsized value with a Citi Strata℠ Premier Card?

We outline all of that on the Citi Strata℠ Premier Card page, since that is the card that unlocks these features. Please take a look at the Citi Strata℠ Premier Card review for everything you need to know about using Citi ThankYou® points.

The Citi Trifecta: With the Citi Strata℠ Premier Card and then a Citi Rewards+ Card, earn a 10% Points Rebate on Redemptions

Unfortunately, the Rewards+ is no longer available to new applicants. However, if you already have one you’re reaping an additional benefit.

Each calendar year, Citi will rebate back 10% of the first 100,000 ThankYou® Points that you spend, so you can get back up to 10,000 points per year Best of all, it isn’t tied in any way to your spending on the card. Just having the Rewards+ in your profile and linked to the same ThankYou account will ensure that you get the rebate.

Citi Application Rules

Citi won’t approve more than 2 cards in a 60-day period, although we recommend 65 days, just to be safe. This means that if you decide to apply for the Double Cash and combo with a Citi Strata℠ Premier Card card, you are good to get both at any time. A 3rd Citi card would require waiting tunnel 60days passed.

Bottom Line

The Citi Double Cash is quite simply a card that should be in 99% of wallets. The 2% cash back on everything (1% when you purchase and 1% when you pay your bill), with no annual fee, is too good to pass up, even if you are using it in conjunction with other credit cards to maximize your bonus categories – as you should be!

💳 This card earns Capital One Miles. Capital One often runs transfer bonuses where you can get even more points when you transfer to airline or hotel partners at designated times. Transfer bonuses are awesome. Get 20%, 30%, 40% or more bonus miles when you transfer points at the right times. But they are easy to miss!

You can see all past Transfer Bonuses from Capital One Miles here.

Even better? Get notified when a new transfer bonus comes out and again before it ends (either or both, your choice). Sign up for free alerts right here. 🔔

The Capital One Venture X Business card is a very well rounded travel credit card that is easy to recommend to almost anyone, especially with No Preset Spending Limit – meaning that heavy business spenders will have an easier time.

The first objection is always the annual fee, but once you see that the $300 annual travel credit and 10,000 miles anniversary bonus (worth $100 or more) nets out the annual fee, it’s much easier to go and focus on the benefits.

If you consider the annual fee to effectively be -$5 as I do based on the above though process, then you are looking a a TON of benefits for a card where you aren’t out a ton on the annual fee with nothing in return.

You’re getting No Preset Spending Limit, Plaza Premium and Priority Pass lounge access, Capital One Lounges, Global Entry (or PreCheck) fee reimbursement, the ability to earn up to 10X miles on travel booked via Capital One Business Travel, and cell phone protection.

See, that’s a mouthful! You would expect to be paying a massive annual fee for all of that (without credits that net it out) and in this case, you’re just not. Of course, you’ll still have to pay the $395 fee upfront, but you’ll also be able to get that early spend bonus. That offsets it nicely!

In our opinion, this card is simply one of the best travel business cards around in terms of both benefits and value for money.

And as icing on the cake, aside from the initial hard pull on your personal credit to qualify you for approval, it won’t report to your personal credit file as long as your account remains in good standing.

This card is also featured in Which Capital One Business Cards Report to Personal Credit (Count Towards 5/24)? and in the article Business Credit Cards That Don’t Report to Personal Credit Bureaus.