A novel cross tetrachiral honeycomb metamaterial is proposed, which not only possesses the negative Poisson's ratio property, but also has a wide-frequency bandgap. The effective elastic parameters of the cross tetrachiral honeycomb are first theoretically analyzed; then, its designable performances for negative Poisson's ratio and elastic modulus are studied by varying geometric parameters. The dynamic properties of the cross tetrachiral honeycomb metamaterial are investigated by analyzing the band structure. It is shown that without the addition of external mass to the structure, a designable wide bandgap can be generated to isolate the in-plane waves effectively by selecting the ligament angles and the radius of central cylinder. In addition, an effective approach is proposed for tuning the bandwidth without changing the geometric parameters of the structure. Compared to classical negative Poisson's ratio metamaterials, the proposed cross tetrachiral honeycomb metamaterial is designable and tunable for achieving a specific static or dynamic performance, and has potential applications in engineering practice.