Citi Simplicity® Card
Citi Simplicity® Card Summary
0% Intro APR on Balance Transfers and Purchases for 18 months. After that, the variable APR will be 12.99% - 21.99% based on your creditworthiness.
There is a balance transfer fee of either $5 or 3% of the amount of each transfer, whichever is greater.
No late fees - EVER
Creditnet's Full Review
The Citi Simplicity® Card prides itself in making life a little simpler for its cardholders. Here's why consumers find it a simple choice to choose the Citi Simplicity® Card:
- 0% Intro APR on Balance Transfers and Purchases for 18 months. After that, the variable APR will be 12.99% - 21.99% based on your creditworthiness.
- There is a balance transfer fee of either $5 or 3% of the amount of each transfer, whichever is greater.
- No late fees - EVER
- No penalty rate - EVER
- No annual fee - EVER
- Save time when you call with fast, personal help, 24 hours a day.
Simple fee structure. No annual fees, no late payment fees, no over-the-limit fees - EVER. Actually, the only fees you'll pay are pretty standard ones for balance transfers, cash advances, foreign transactions, and returned payments (see table below for details).
Pay 0% interest for 18 months on balance transfers and purchases. The Citi Simplicity® Card is one of only a few cards offering such a long no interest promotional period to its new cardholders. Take advantage and save.
Pay the same interest rate for purchases, balance transfers, and cash advances. After the promotional no interest period is over, your interest rate could be as low as 12.99% based on a review of your creditworthiness for all transactions, including cash advances.
No penalty rates! For anyone who has paid late on a credit card, whether knowingly or accidentally, you've felt the dent put in your wallet by the spike in your interest rate. Just another way the Citi Simplicity® Card keeps credit simple—your rate stays the same even if you pay late. Keep in mind, however, that you may no longer be eligible for the 0% promotion if you make a late payment. If that's the case, then interest could start accruing immediately on your balances. Bottom line: always pay on time (and in full if possible)!
Direct access to a representative 24/7. No more long waits on the phone listening to staticky elevator music. Simply call, enter your account number, say "representative", and you'll be connected directly to live help.
Creditnet's Expert Rating & Review
The name says it all. This card truly has simplified credit for consumers. It's not difficult to remember just four fees (balance transfers, cash advances, foreign transaction fee, and returned payment fee) and one interest rate. This also is one of the only cards that won't charge a late payment fee and won't hike up your rate if you pay late.
Least Favorite Features:No rewards program, but the value of this card is in the 18 months of no interest and the simple, minimal fee structure.
Our Final Take:Consumers who like to keep their finances simple are going to love this card, especially if they have balances on other credit cards to transfer and can take advantage of the 0% interest promotion. Consolidate balances at 0% for 18 months, pay 0% on purchases for 18 months, and one APR for everything. We like the simplicity of the Citi Simplicity® Card.
Offer details may have changed since the last update of the information on this page. Please see Fees, Terms & Conditions for updated and complete information.
| Intro APR: | 0.00% | Credit Required: | excellent |
| Intro Period: | 18 months* | Set Up Fee | $0.00 |
| Ongoing APR: | 12.99 - 21.99% (variable) | Annual Fee | $0* |
| Penalty APR: | N/A |
| Intro APR✝: | 0.00% |
| Intro Period: | 18 months* |
| Ongoing APR: | 12.99 - 21.99% (variable) |
| Penalty APR: | |
| Transfer Fee: | Balance transfer fee applies with this offer; 3% of each balance transfer; $5 minimum. |
| ✝ Must initiate transfer: | Within 4 mo. of opening acct |
| Ongoing APR: | 12.99 - 21.99% (variable) |
| Penalty APR: | N/A |
| Advance Fee: | 5% of each cash advance; $10 minimum |
| Other Rates | |
|---|---|
| Foreign Transaction Fee: |
3% |
| Min. Interest Charge: | $0.50 |
| Credit Line | |
| Min: | N/A |
| Max: | N/A |
| Penalty Fees | |
| Late Payment: $0 |
|
| Over the Credit Limit: | $0 |
| Returned Payment: | $35 |
