Citi
CITI® DIAMOND PREFERRED® CARD
Key Features
| Annual Fee | $0.00 |
| Intro APR | Introductory rate of % for months from date of account opening on purchases and for months from date of account opening of balance transfers completed within months of account opening. |
| Regular APR | The standard variable APR for purchases is % to %, based on your creditworthiness. The standard variable APR for Citi Flex Plan is % to %, based on your creditworthiness. Standard variable cash advance APR – %. Variable Penalty APR up to % and applies if you pay late or your payment is returned. |
| Other Fees | Fee for foreign purchases – % of the U.S. dollar amount of each purchase. Cash advance fee – either $ or % of the amount of each cash advance, whichever is greater. Balance transfer fee – either $ or % of the amount of each transfer, whichever is greater. Minimum interest charge – $. |
About this card
The CITI® DIAMOND PREFERRED® CARD is primarily a balance transfer card, and its overall rating reflects this specialized function. Its main strength is the long 0% intro APR period for balance transfers and purchases, making it a potentially valuable tool for consolidating and paying down existing debt. However, it has several weaknesses that significantly limit its overall appeal. The regular APR is high, there are foreign transaction fees, and, most notably, it offers no rewards on purchases. This lack of rewards makes it a poor choice for everyday spending. Citi's good reputation adds some value. Considering the card's purpose and limitations, a rating of 2.7 is appropriate. This indicates a 'Fair' card that is very useful for a specific purpose (balance transfers) but lacks broader value.
Pros & Cons
What's great
- No annual fee
- Intro APR period
- Fraud protection
Things to consider
- High regular APR
- Foreign transaction fees apply
- Balance transfer fee
- No sign-up bonus
- No rewards
What this card offers
Sign-up bonuses
Rewards
Other features
- No annual fee1
- $0 liability on unauthorized charges
- Free Access to Your Fico® Score
- Mastercard® ID Theft Protection™ available for no additional charge
- 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
- Citi Entertainment®
Additional Notes
If you transfer a balance with this offer, interest will be charged on new purchases and unpaid introductory balances after your %1 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.