Citi
CITI SIMPLICITY® 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 for balance transfers completed within months of account opening. |
| Regular APR | After each promotional period ends, a variable APR of % - %, 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 % - %, based on creditworthiness. The variable APR for cash advances is %. |
| Other Fees | Minimum interest charge – $. 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 — intro fee of % of each transfer ($ minimum) completed within the first months of account opening. After that, % of each transfer ($ minimum). |
| Network | Mastercard |
About this card
The Citi Simplicity Card is a very niche product designed primarily for balance transfers, and its overall rating reflects this singular focus. Its strengths lie in its lack of annual and late fees, coupled with an introductory APR period for balance transfers. This makes it an excellent tool for consumers looking to consolidate debt and avoid interest charges for a limited time. However, the card's weaknesses are equally significant. The high regular APR, lack of rewards program, and the presence of foreign transaction fees detract from its overall value. The absence of rewards makes it unsuitable for everyday spending, and the high ongoing APR can be detrimental if balances are not paid off during the introductory period. Considering these factors, the card achieves a rating of 2.8 out of 5. It is 'fair,' offering specific benefits but lacking broader appeal due to its limitations.
Pros & Cons
What's great
- No annual fee
- Intro APR period
- No late fees
- No penalty APR
Things to consider
- High regular APR
- No sign-up bonus
- Foreign transaction fees apply
- Balance transfer fee
What this card offers
Sign-up bonuses
Rewards
Other features
- No annual fee1
- No late fees1
- No penalty rate1
- $0 liability on unauthorized charges
- Automatic Account Alerts
- Tap Your Card with Contactless Pay
- Choose your Payment Due Date
- Digital Wallets
- Help Keep Your Identity Safe
- 24/7 Customer Service
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.