Update: This credit card offer is available again.
Citi® is offering the Citi® Double Cash Card, which has an Intro APR Period of 18 months on Balance Transfers. Earn 2% cash back on purchases: 1% when you buy plus 1% as you pay. The annual fee is $0.
Thanks to Slickdeals Staff Member Jess96 for posting this deal.
Card Details:
Slickdeals may be compensated by Citi.
Original Post
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Edited August 11, 2022
at 08:03 AM
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Citi® is offering the Citi® Double Cash Card, which has an Intro APR Period of 18 months on Balance Transfers. Earn 2% cash back on purchases: 1% when you buy plus 1% as you pay.
Card Features:
Slickdeals may be compensated by Citi.
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"There is a balance transfer fee of either $5 or 3% of the amount of each transfer, whichever is greater."
PLEASE STOP REPLYING TO A TWO YEAR OLD POST WONDERING WHY YOU CAN NOT FIND THIS SPECIFIC CARD/DEAL ANYMORE.
(above added after like the 6th person in a year necroed this discussion to reply to this post- original post from 2019 below)
Chase Slate is only 15 months but 0% balance transfer fee.
The slate itself sucks as a card to actually use for anything other than the BT, but if you're mainly concerned about the BT, and the 3 extra months won't kill you, it saves you 3% of however much you're transferring over this... plus once you're done with the BT you can product change it into a genuinely useful card like a Freedom or something.
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I might get it just for this feature, used to have BofA.
If the VAN is on the chopping block, I might not apply.
However, they recently replaced their Flash-based tool with an HTML5 one, so it is no longer dependent on Flash. It seems highly unlikely that they would get rid of VAN if they spent the money to develop a new tool.
So, considering that they never announced that it was going away, and that they recently created a new tool to generate VANs, I would say there is no reason to believe that it is going away any time soon.
However, they recently replaced their Flash-based tool with an HTML5 one, so it is no longer dependent on Flash. It seems highly unlikely that they would get rid of VAN if they spent the money to develop a new tool.
So, considering that they never announced that it was going away, and that they recently created a new tool to generate VANs, I would say there is no reason to believe that it is going away any time soon.
In the whole CC world, right now what are the cards that have VAN feature?
Interestingly, I have Costco Citi and AA Citi and neither have VAN.
There are also services that offer this type of thing, only it's not a credit card, you link your bank account to it, so more of a debt card.
I have two backup cards that keep my FICO high since my monthly balance is a small part of my limit.
Bank of America insisted that I spend on one of them to keep open [no problem].
USAA just closed one without warning [asses].
Things that make you wonder.. why the crackdown on credit balances?
$1000 x 1% = $10
$500 x 1% = $5
So you would earn $15 cash back for those two events. If you then pay off the remaining $500 the next cycle, you get another $5. I doubt you would get any cash back for any interest you pay on your card, so if you had interest on that $500, say $10, and you payed off the entire balance of $510, you would still only get cash back on the $500, not $510.
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I have two backup cards that keep my FICO high since my monthly balance is a small part of my limit.
Bank of America insisted that I spend on one of them to keep open [no problem].
USAA just closed one without warning [asses].
Things that make you wonder.. why the crackdown on credit balances?
I think the banking entities know better than us.. last time around, this happened with the 2008 crash. They started closing my cards and lowering my limits. At least in general, there is more speculation about 2021 and where we are heading. At some point, the protections from evictions, etc will end at some point. Right now, the stock market is doing great, housing prices are high, etc. We all know that will end "at some point". The trick is putting yourself in the correct position before these things hit.. and they usually hit all of a sudden.. then it becomes hindsight.
I have two backup cards that keep my FICO high since my monthly balance is a small part of my limit.
Bank of America insisted that I spend on one of them to keep open [no problem].
USAA just closed one without warning [asses].
Things that make you wonder.. why the crackdown on credit balances?
What exactly do I have to do to avoid paying interest? I'm assuming that parenthetical "including balance transfers" doesn't include the original balance transfer that is supposed to be at 0% for 18 months?
I used the card for a $5.000 transfer, all payments were made on time and 3x the minimum limit amount.
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3% of the amount of each transaction in U.S. dollars.