The Citi Double Cash® Card comes with three major advantages compared to the Navy Federal Platinum Credit Card: it doesn’t require membership to apply, it offers a longer 0% intro APR on balance transfers and it has a stellar cash back program, making it worth keeping around after you pay off your balance.
Whereas the Navy Federal Platinum Credit Card requires NFCU membership, anyone can apply for the Citi Double Cash® Card (note that you should have excellent/good/fair credit to have a realistic chance of approval).
The Citi Double Cash® Card offers a longer intro APR of 0% for 18 months on balance transfers, after which a 19.24% - 29.24% (variable) APR applies.
In addition, the Citi Double Cash® Card lets cardholders earn 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.
Plus, for a limited time, earn 5% total cash back on hotel, car rentals and attractions booked on the Citi Travel℠ portal through 12/31/24. Once you pay off your transferred balance, the Citi Double Cash® Card is worth keeping in your wallet for everyday purchases. Meanwhile, the Navy Federal Platinum Credit Card is a fairly no-frills card that does not earn rewards.
The caveat, of course, is that with the Citi Double Cash® Card there is an intro balance transfer fee of 3% of each transfer (minimum $5) completed within the first 4 months of account opening. A balance transfer fee of 5% of each transfer ($5 minimum) applies if completed after 4 months of account opening.
You’ll pay a $0 annual fee for the Citi Double Cash® Card, but beware the 3% foreign transaction fee.