Chase Freedom Limitless Vs Citi Double Money: Card Comparability 2022

Chase Freedom Limitless Vs Citi Double Money: Card Comparability 2022

Insider’s consultants select the most effective services to assist make sensible selections together with your cash (right here’s how). In some instances, we obtain a fee from our our companions, nonetheless, our opinions are our personal. Phrases apply to provides listed on this web page.

When you’re on the lookout for a no-annual-fee cash-back bank card, the Chase Freedom Limitless® and Citi® Double Money Card are price contemplating. They arrive with good welcome bonus provides, excessive incomes charges on purchases, and advantages together with introductory 0% APR provides.

Each playing cards earn factors you may redeem for money again, journey, or present playing cards. Nevertheless, there are some key variations in the best way Chase Freedom Limitless® and Citi® Double Money Card earn and redeem factors it is best to take into account earlier than making use of. And solely certainly one of these playing cards comes with advantages like journey insurance coverage and buy safety.

Examine the Citi Double Money and Chase Freedom Limitless

  • Citi® Double Money Card

  • Chase Freedom Limitless®

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$200 money again after spending $1,500 on purchases within the first 6 months of account opening

Earn 2% on each buy with limitless 1% money again whenever you purchase, plus an extra 1% as you pay for these purchases.

1.5% money again along with common incomes on all the things you purchase as much as $20,000 spent within the first yr (price as much as $300 money again)

Earn 5% money again on Chase journey bought by means of Final Rewards®, 3% money again on drugstore purchases and eating at eating places, together with takeout and eligible supply service, and limitless 1.5% money again on all different purchases.

This is how the Chase Freedom Limitless® and the Citi® Double Money Card stack up. 

We’re targeted right here on the rewards and perks that include every card. These playing cards will not be price it in the event you’re paying curiosity or late charges. When utilizing a bank card, it is necessary to pay your stability in full every month, make funds on time, and solely spend what you may afford to pay.

Welcome bonus provides

Citi simply added a limited-time welcome bonus provide to the Citi® Double Money Card (which does not usually include a bonus). Though the Chase Freedom Limitless® has the potential to earn a barely larger bonus (with double the period of time), in the event you’re eager to earn your bonus , the Citi® Double Money Card is a greater match. 

One other factor to contemplate in the event you’re enthusiastic about making use of for Chase Freedom Limitless® is to remember that the intro bonus you will obtain will depend on the hyperlink you utilize to use. The welcome bonus listed above is offered by means of Insider, however there’s an alternate provide accessible in the event you apply immediately with Chase ($200 after spending $500 on purchases within the first three months from account opening).

Winner: Chase Freedom Limitless®

Rewards charges


Common APR


16.24% – 26.24% Variable


Beneficial Credit score Rating


Good to Wonderful


Common APR


16.24% – 26.24% Variable


Beneficial Credit score Rating


Good to Wonderful

Professionals

  • No annual charge
  • Easy incomes construction with out complicated bonus classes

Cons

  • Some playing cards earn larger charges of money again on rotating classes
  • Whereas it provides a 0% introductory APR for 18 months, that is solely on stability transfers, not purchases, so you may’t use it to fund a significant expense with out curiosity. After these 18 months, it is a 16.24% – 26.24% (Variable) APR.


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Extra Info

  • Earn 2% on each buy with limitless 1% money again whenever you purchase, plus an extra 1% as you pay for these purchases.
  • For a restricted time, earn $200 money again after spending $1,500 on purchases within the first 6 months of account opening.
  • Stability Switch Solely Provide: 0% intro APR on Stability Transfers for 18 months. After that, the variable APR shall be 16.24% – 26.24%, primarily based in your creditworthiness.
  • Stability Transfers don’t earn money again. Intro APR doesn’t apply to purchases.
  • When you switch a stability, curiosity shall be charged in your purchases except you pay your whole stability (together with stability transfers) by the due date every month.
  • There’s an intro stability switch charge of three% of every switch (minimal $5) accomplished throughout the first 4 months of account opening. After that, your charge shall be 5% of every switch (minimal $5).


Common APR


16.49% – 25.24% Variable


Beneficial Credit score Rating


Good to Wonderful


Common APR


16.49% – 25.24% Variable


Beneficial Credit score Rating


Good to Wonderful

Extra Info

  • Intro Provide: Earn an extra 1.5% money again on all the things you purchase (on as much as $20,000 spent within the first yr) – price as much as $300 money again!
  • Get pleasure from 6.5% money again on journey bought by means of Chase Final Rewards®, our premier rewards program that permits you to redeem rewards for money again, journey, present playing cards and extra; 4.5% money again on drugstore purchases and eating at eating places, together with takeout and eligible supply service, and three% on all different purchases (on as much as $20,000 spent within the first yr).
  • After your first yr or $20,000 spent, take pleasure in 5% money again on Chase journey bought by means of Final Rewards®, 3% money again on drugstore purchases and eating at eating places, together with takeout and eligible supply service, and limitless 1.5% money again on all different purchases.
  • No minimal to redeem for money again. You possibly can select to obtain a press release credit score or direct deposit into most U.S. checking and financial savings accounts. Money Again rewards don’t expire so long as your account is open!
  • Get pleasure from 0% Intro APR for 15 months from account opening on purchases and stability transfers, then a variable APR of 16.49% – 25.24%.
  • No annual charge – You will not should pay an annual charge for all the nice options that include your Freedom Limitless® card
  • Maintain tabs in your credit score well being, Chase Credit score Journey helps you monitor your credit score with free entry to your newest rating, real-time alerts, and extra.

The Citi® Double Money Card is an effective possibility in the event you’re on the lookout for strong rewards and do not wish to preserve monitor of bonus classes. It successfully earns 2 factors per greenback (2% money again) on all purchases —  1 level per greenback (1%) whenever you make a purchase order, and one other 1 level per greenback (1%) whenever you pay it off. Every level is price 1 cent whenever you redeem for money again, journey booked by means of the Citi portal, or present playing cards.

Needless to say in the event you make a purchase order and carry a stability in your card, the delayed rewards (1x level whenever you repay your buy) might be inconvenient.

The Chase Freedom Limitless® earns limitless money again in a number of spending classes, which is nice for folk who spend massive on sure purchases and wish to maximize their rewards incomes. 

The Chase Freedom Limitless® earns: 

  • 5% money again (5x factors) on journey bought by means of Chase Final Rewards
  • 3% money again (3x factors) on eating, restaurant, and drugstore purchases
  • 1.5% money again (1.5x factors)  on all different purchases

Winner: Chase Freedom Limitless®

Redeeming rewards

The Chase Freedom Limitless® points rewards as Chase Final Rewards factors. You possibly can redeem Chase Final Rewards factors (valued at 1 cent every) for assertion credit, present playing cards, or journey booked by means of Chase

However you probably have an annual-fee Chase bank card (such because the Chase Sapphire Most popular, Sapphire Reserve, or Ink Enterprise Most popular® Credit score Card) you may mix Final Rewards factors and get extra precious redemption alternatives, together with transfers to Chase’s airline and resort companions.

When you’re on the lookout for versatile rewards, the Citi® Double Money Card is a good possibility now that it earns Citi ThankYou factors as a substitute of money again immediately. You possibly can redeem your factors for money again (as a verify or assertion credit), present playing cards, charitable contributions, journey booked by means of the Citi journey portal, or credit score to a linked account at a price of 1 cent per level.

You too can switch Citi ThankYou factors to a handful of companions, like JetBlue (5:4 switch ratio, so 1,000 Citi ThankYou factors equals 800 JetBlue factors), Wyndham (5:4 ratio), Selection Privileges (2:3 ratio), and Sears Store Your Manner Rewards (1:10 ratio). 

Winner: Citi® Double Money Card

Advantages and options

Chase Freedom Limitless

The Chase Freedom Limitless® has plenty of first rate journey and buy advantages, corresponding to buy safety, prolonged guarantee safety, auto rental collision harm waiver, journey cancellation/interruption insurance coverage, and journey and emergency help providers. Though in the event you’re on the lookout for premium travel advantages, Chase Freedom Limitless® will not get you that. 

Citi Double Money

The Citi® Double Money Card does not have a number of perks, and essentially the most notable is Citi Leisure because it means that you can buy presale tickets and unique experiences to concert events, sporting occasions, eating experiences, and extra. The cardboard additionally will get you 24/7 customer support, $0 legal responsibility on unauthorized costs, fraud safety, an ID theft safety program, and misplaced pockets service (however most bank cards provide these advantages).

In any other case, in the event you’re on the lookout for a card with extra perks, a rewards bank card with an annual charge is price contemplating as a substitute. The Chase Sapphire Most popular, for instance, provides major automobile rental insurance coverage, journey cancellation/interruption insurance coverage, journey delay insurance coverage, and extra Doordash, Instacart, and GoPuff advantages. 

Winner: Chase Freedom Limitless®

Charges and prices

The Citi® Double Money Card has a 0% intro APR on stability transfers for 18 months (then a 16.24% – 26.24% Variable APR), which is nice for folk seeking to pay down bank card debt. Nevertheless, the intro APR provide isn’t relevant to new purchases so it is will not be a sensible choice for these seeking to repay giant bills over a number of billing cycles.

 The Citi® Double Money Card does have a stability switch charge, money advance charge, and a late fee charge. Additionally, it costs a international transaction charge, which implies it is not possibility for worldwide journey. 

The Chase Freedom Limitless® has a 0% intro APR on purchases and stability transfers for the primary 15 months (then a 16.49% – 25.24% Variable APR). When you want a robust 0% APR deal on each stability transfers and purchases, Chase Freedom Limitless® is certainly an ideal possibility. Nevertheless, the cardboard’s intro APR is barely shorter than Citi® Double Money Card’s. So if solely want 0% APR on stability transfers, you may wish to take into account the Citi® Double Money Card as a substitute. 

Chase Freedom Limitless® additionally has a stability switch charge, a money advance charge, an over-the-credit-limit charge, a late fee charge, and a return fee charge. You may even be charged a international transaction charge, which implies (regardless of the cardboard’s journey advantages) it is not possibility abroad. 

Winner: Tie

Comparability of the Citi Double Money and Chase Freedom Limitless

Backside line

Each the Citi® Double Money Card and the Chase Freedom Limitless® are high-earning no-annual-fee cash-back rewards playing cards. Nevertheless, Chase Freedom Limitless® has barely larger reward alternatives and higher advantages. That mentioned, there are causes you may nonetheless take into account the Citi® Double Money Card. 

People seeking to earn simple rewards, with out class restrictions, would most likely favor Citi® Double Money Card’s efficient 2% money again on all purchases. The Citi® Double Money Card additionally has an extended 0% intro APR on stability transfers. So in the event you’re seeking to pay down debt, and do not want 0% APR on purchases, the Citi® Double Money Card is preferable.  

That mentioned, there are variety of cash-back bank cards in the marketplace, so make certain to contemplate all of your choices. 

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