Review
Citi® Diamond Preferred® Card Review: Best for 0% Intro APR
Looking to ditch high interest rates? Our review breaks down how the Citi® Diamond Preferred® Card's long 0% intro APR can help you save, and reveals who will benefit most from this card.
| Annual Fee | $0.00 |
| 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. |
| 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. |
| Rewards Rate | None |
| Sign-up Bonus | None |
| 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 – $. |
Overview
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
Benefits
Drawbacks
Decision Guidance
Summary
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...