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Regret getting double cash card.

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Regular Contributor

Regret getting double cash card.

Waste of a pull imo. Failed to understand the rewards prior to app.

 

Ok so 1% after billing statement closes.

1% after paid.

Cool.

 

However im reading it can take another billing statement for the 1% from payment to appear. Smiley Indifferent

 

 

Then you need $25 to redeem. Seems like its going to take a while to cash in my rewards. Am i right?

 

I feel like im better off using the quick silver now.

Total cards: 4
Discover It CL $48,300, Cap1 QS Visa CL $5000, Sallie Mae WMC $3100, Chase Freedom $1000
MYFICO Scores
EQ 770, TU 776, EX 753
GARDEN!
Message 1 of 47
46 REPLIES 46
Super Contributor

Re: Regret getting double cash card.

This has been a gripe of DC cardholders for a while now.  For those that PIF right away every time and don't mind getting their rewards in increments (like Amex) it isn't a big deal... but some simply like the immediate CB opportunity like the QS you mentioned, Blispay, etc.

Message 2 of 47
Frequent Contributor

Re: Regret getting double cash card.

Message 3 of 47
Contributor

Re: Regret getting double cash card.

With the reward structure, the bonus malls, and purchase/price protection benefits, the Discover and Freedom Unlimited both offer more value than Citi DC.  The DC only sounds better because it's a 2% flat rate.  I also wish I hadn't burned an inq on Citi DC, it's turned out to be my least valuable card, but oh well live and learn.

Message 4 of 47
Moderator Emeritus

Re: Regret getting double cash card.

With low SLs, high APRs, and a less-than-ideal rewards program, there's definitely a few people who have issues with Citi DC.   I use it right now as my non-category spend, but only because I use my Blispay for promo purchases.   Once my promos are cleared, I may return to using Blispay for gen spend.



Start: 619 (TU08, 9/2013) | Current: 812 (TU08, 10/08/19)
AMEX Cash Magnet $44000 | BofA BBR #1 $43900 | Discover IT $39000 | Uber VS $37000 | BoA BBR #2 $31100 | cashRewards VS $25000 | Sam's Club MC $25000 | Macy's AMEX $25000 Store $25000 | Care Credit MC $25000 | Cash+ VS #1 $18500 | Cap 1 QS WMC $17250 | Cash+ VS #2 $15500 | JCP $15000 | Citi DC $12600 | Freedom VS $12000 | Target MC $11000 | Amazon VS $10000 | Marvel MC $10000 | Disney VS $8800 | Blispay $7500 | Sony Card $4250 | PPC $4000 ~~Gardening Since 4/1/18
Message 5 of 47
Valued Contributor

Re: Regret getting double cash card.

Does it really matter when you get rewards as long as you're getting them? But yeah that card has never really been that appealing to me either..

Message 6 of 47
Community Leader
Super Contributor

Re: Regret getting double cash card.

It is one of my least favorite cards. Discover is soooo much better and so is Bank of America Rewards if you have a Benk of America account. I get from $30-$50 a month on Discover and about $30 monthly on my BofA Rewards. All my rewards go into savings. This has been a very good year. I am re-evaluating my cards as to value and DC is close to the bottom. Just my two cents. Everyone has a different point of view.


Daily Drivers: Penfed Platinum Rewards; NFCU GoRewards; Discover..
Message 7 of 47
Regular Contributor

Re: Regret getting double cash card.

 


@SunriseEarth wrote:

With low SLs, high APRs, and a less-than-ideal rewards program, there's definitely a few people who have issues with Citi DC.   I use it right now as my non-category spend, but only because I use my Blispay for promo purchases.   Once my promos are cleared, I may return to using Blispay for gen spend.


I got a low 5700 SL and the 13 APR, but damnit i shouldnt have pulled the trigger. 

Total cards: 4
Discover It CL $48,300, Cap1 QS Visa CL $5000, Sallie Mae WMC $3100, Chase Freedom $1000
MYFICO Scores
EQ 770, TU 776, EX 753
GARDEN!
Message 8 of 47
Super Contributor

Re: Regret getting double cash card.

I'm not the most patient, so for me the DC structure is annoying because unless you pay before your statement closes, it will be two months before you get your 2%. Others have that view of "who cares,  as long as you eventually get the 2%?". Neither view is wrong but I could see why the structure annoys someone.

Message 9 of 47
Regular Contributor

Re: Regret getting double cash card.

I prefer to redeem in amounts of $100 or more, as it feels like Im actually getting something back.. so the increments don't bother me.. I also dont really care if I've got to wait an extra billing cycle..as long as I get them.. That said, I love my DC.. it's my non-cat spend card.. my recurring bills go on my PCMCU Plat Rewards @5% up to $1k/mo, I use the rest of my cards for categories that either stay the same or rotate based on the card, and the DC for everything else.

CL: $10,000 _____ $10,000 ______ $7,100 _______ $7,000 _______ $23,300 ______ $5,000 _______ $9.500
Total Credit Limit: $71,900_____________________________________________________________Gardening Since: 09/01/2016
Message 10 of 47
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