Citi
CITI® DIAMOND PREFERRED® CARD
Key Features
| Annual Fee | $0.00 |
| Sign-up Bonus | None |
| Rewards Rate | None |
| Intro APR | 0% Intro APR for 21 months on balance transfers from date of account opening; after that, the variable APR will be 16.49% - 27.24%, based on your creditworthiness. 0% Intro APR for 12 months on purchases from date of account opening; after that, the variable APR will be 16.49% - 27.24%, based on your creditworthiness. |
| Regular APR | After each promotional period ends, a variable APR of 16.49% - 27.24%, based on your creditworthiness, applies to unpaid promotional balances, new purchases and new balance transfers. For Citi Flex Plans subject to an APR, the variable APR is 16.49% - 27.24%, based on creditworthiness. The variable cash advance APR – 29.74%. Variable Penalty APR up to 29.99% and applies if you pay late or your payment is returned. |
| Other Fees | Fee for foreign purchases – 3% of the U.S. dollar amount of each purchase. Cash advance fee – either $10 or 5% of the amount of each cash advance, whichever is greater. Balance transfer Fee — intro fee of 3% of each transfer ($5 minimum) completed within the first 4 months of account opening. After that, 5% of each transfer ($5 minimum). Minimum interest charge – $0.50. For Citi Flex Pay Plans subject to a Plan Fee, a monthly fee of up to 1.72% will apply, based on the Citi Flex Plan duration, the APR that would otherwise apply to the Transaction, and other factors. |
| Network | Mastercard |
About this card
The CITI® DIAMOND PREFERRED® CARD's overall rating is primarily determined by its balance transfer capabilities. The lengthy 0% introductory APR period is very valuable for those looking to consolidate and pay down debt. However, its high regular APR, lack of rewards, and various fees significantly detract from its value as an everyday spending card. The positive reputation of Citi provides some value, but the card's limited utility results in a 'Fair' overall rating. While excellent for a specific financial goal, it lacks broad appeal and long-term benefits.
Pros & Cons
What's great
- No annual fee
- Intro APR period
Things to consider
- High regular APR
- No sign-up bonus
- No rewards
- Foreign transaction fees apply
- High balance transfer fee
What this card offers
Sign-up bonuses
Rewards
Other features
- Low intro APR on balance transfers for 21 months
- No annual fee
- Free Access to Your Fico® Score
- Citi® Flex Pay
- 24/7 Customer Service
- Automatic Account Alerts
- Choose your Payment Due Date
- Digital Wallets
- Tap Your Card with Contactless Pay
- Help Keep Your Identity Safe
- $0 Liability on Unauthorized Charges
- Citi Entertainment®
Additional Notes
Balance transfers must be completed within 4 months of account opening. If you transfer a balance with this offer, interest will be charged on new purchases and unpaid introductory balances after your 0% introductory APR on purchases has expired, unless you pay the entire balance (including any transferred balance) in full each month by the due date. This offer may not be available if you leave this page. Offers may vary and this offer may not be available in other places where the card is offered. New cardmembers only. Subject to credit approval. Additional limitations, terms and conditions apply. You will be given further information when you apply.