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Citi Simplicity: 3 Reasons We Love It

Credit Cards, Low Interest and No Fee Credit Cards
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Citi Simplicity: 3 Reasons We Love It

Admit it: Finding a great credit card deal feels really good. That’s why we just can’t keep a lid on it about the Citi Simplicity® Card - No Late Fees Ever. If you have good credit and are looking for a stellar 0% offer, this card delivers in a big way.

Not sure what makes it special? Here’s why the Nerds think the Citi Simplicity® Card - No Late Fees Ever is a real standout:

1. The Citi Simplicity® Card - No Late Fees Ever has an ultra-long 0% period

Probably the most exciting feature of the Citi Simplicity® Card - No Late Fees Ever is its super-long introductory interest-free period. With it, you’ll get 0% on Purchases and Balance Transfers for 21 months, and then the ongoing APR of 14.24% - 24.24% Variable APR.

We think this makes the Citi Simplicity® Card - No Late Fees Ever the ideal card for financing a large purchase that you don’t have the cash to pay for; you’ll have well over a year to eliminate the balance before it starts collecting interest. It’s also a decent choice for balance transfers, but remember that you will have to pay a 3% or $5 balance transfer fee, whichever is greater.

Nerd note: If you’re willing to trade a few months at 0% to get your balance transfer fee waived, you might want to check out the Chase Slate®. It’s our top pick for refinancing high-interest debt.

2. You’ll never have to worry about late fees

One of the truly unique features of the Citi Simplicity® Card - No Late Fees Ever is its late-fee policy. Simply put, you’ll never have to worry about paying a late fee with this card. For forgetful folks, this could amount to serious savings.

For example, let’s say you pay your credit card bill late six months out of every year. If your issuer charges the usual $35 fee per tardy payment, that amounts to $210 in fees annually. Over five years? You’d pay a whopping $1,050. That’s a lot of money to shell out, and it could be easily avoided by choosing the Citi Simplicity® Card - No Late Fees Ever.

3. The card charges an annual fee of $0

The whole point of using a 0% promotion for a balance transfer or to finance a large purchase is to save money on interest. But that savings is compromised if the card you sign up for carries an annual fee. Luckily, this isn’t a concern with the Citi Simplicity® Card - No Late Fees Ever. Its annual fee is $0, so you won’t have to worry about spending money to save money.

Image via iStock.