What’s your opinion on the Citi Double Cash Credit Card?

Hello Terry,
I’m considering the Citibank Double Cash Credit Card. I always pay the monthly balance on my credit card. I presently have a Bank of America card that lowered my cash back from 1.5% to 1% so the double 1% of the Citibank is pretty appealing. What’s your thoughts on this Citi card?

Terry Says:  That’s a relatively new product (offered over this past summer) and frankly I hadn’t heard about it!  But I was sure Bankrate.com would have written about it — and here is a link to that article!  It makes a lot of sense to me, because it doesn’t encourage more spending since it pays the “double” (second 1% cashback) when you pay off your credit card!