Advertiser Disclosure

Citi Simplicity Review: A Long 0% APR Period and a Spirit of Forgiveness

Credit Cards, Low Interest and No Fee Credit Cards
With so many websites offering free financial tools, it can be hard to know whom to trust. At NerdWallet, we spend literally 1,000s of hours researching partner offers and following strict editorial integrity to match you with the perfect choice. We even share how we make money so you can enjoy our expert advice and researched recommendations with total clarity and confidence.
Citi Simplicity Card Offers 0% Interest, No Late Fees and No Penalty APR

Citi Simplicity® Card - No Late Fees Ever: Quick review

The Citi Simplicity® Card - No Late Fees Ever gives you a lot by taking next to nothing. It offers an industry-leading introductory 0% APR period on both purchases and balance transfers, and it has an annual fee of $0. For those who occasionally fall behind on their paperwork, it charges no late fees and no penalty APR. (Even so, make a habit of paying on time.)


Citi Simplicity® Card - No Late Fees Ever Editor's Rating: 4.1 / 5

As the reigning king of 0% credit cards, the Citi Simplicity® Card - No Late Fees Ever boasts an industry-leading 0% introductory APR period, as well as no late fees or penalty APRs if you miss a payment. Whether you’re looking to get rid of existing debt or make a big purchase that you can take your time paying off, this card is a solid option.

Citi Simplicity® Card - No Late Fees Ever

Citi Simplicity® Card - No Late Fees Ever

Apply Now on Citibank's secure site
  • Recommended Credit Score
  • 690
    850
    Good - Excellent
  • Card Details
  • Pros

    • No late fee
    • No annual fee
    • 0% on Purchases and Balance Transfers for 21 months

    Cons

    • No rewards

    Annual Fees

    $0

    APR

    • APR: 14.99% - 24.99% Variable APR

    Bonus Offers

    None

    Intro APR

    • 0% on Purchases and Balance Transfers for 21 months
  • Additional Information
    • The ONLY card with No Late Fees, No Penalty Rate, and No Annual Fee…EVER
    • 0% Intro APR on Balance Transfers and Purchases for 21 months. After that, the variable APR will be 14.99% - 24.99% based on your creditworthiness*
    • There is a balance transfer fee of either $5 or 3% of the amount of each transfer, whichever is greater
    • The same great rate for all balances, after the introductory period
    • Save time when you call with fast, personal help, 24 hours a day – just say “representative”
    • Enjoy the convenience of setting up your own bill payment schedule on any available due date throughout the month
    • View Rates and Fees

Citi Simplicity® Card - No Late Fees Ever: The basics

The Citi Simplicity® Card - No Late Fees Ever lives up to its name with a simple value proposition. You’ll enjoy:

  • An introductory APR period of 0% on Purchases and Balance Transfers for 21 months, and then the ongoing APR of 14.99% - 24.99% Variable APR. That’s six to nine months longer than most cards with 0% into APRs.
  • No late fees or penalty rates for late payments. Most cards charge fees of up to $35 or more for late payments, and many will jack up your rate. Some waive the first late fee. This is the rare card that promises to never charge them at all.

 

Nerd note: Even though the Citi Simplicity® Card - No Late Fees Ever won’t penalize you for late payments with fees or rate hikes, it’s still in your best interest to pay on time, every time. First, it’s a good habit to have. Your other creditors probably aren’t so forgiving. Second, payments that are 30 or more days late will be reported to the credit bureaus, and that’s .

 

» MORE: Citi credit cards mobile app review

Citi Simplicity® Card - No Late Fees Ever: Pitfalls and other possibilities

The Citi Simplicity® Card - No Late Fees Ever isn’t perfect for everyone. Among considerations that could affect your decision:

You’ll pay a balance transfer fee

The Citi Simplicity® Card - No Late Fees Ever charges a balance transfer fee of 3% of the amount transferred or $5, whichever is larger. That’s pretty standard among cards with 0% offers, but some other cards charge no fee on transfers within an introductory period. The BankAmericard® credit card charges a $0 balance transfer fee during the first 60 days, has an annual fee of $0, and offers an introductory APR of 0% on Purchases for 15 billing cycles and 0% on Balance Transfers for 15 billing cycles for balance transfers made in the first 60 days, and then the ongoing APR of 12.99% - 22.99% Variable APR. Skipping the transfer fee saves you $30 for every $1,000 in debt transferred.

You’ll get no rewards

When you’re using a credit card for a balance transfer or a long 0% APR, rewards shouldn’t be your main focus. Still, if you’re looking for a card with a respectable introductory APR period and high rewards, look to the Citi® Double Cash Card – 18 month BT offer. It offers 1% cash back on all purchases and another 1% back when you pay them off. The Citi® Double Cash Card – 18 month BT offer has an annual fee of $0 and an introductory APR of 0% on Balance Transfers for 18 months, and then the ongoing APR of 14.49% - 24.49% Variable APR. So this amounts to a trade-off between the length of your introductory APR period and rewards.

Looking for other options? NerdWallet can help you compare and determine the best credit card to get based on your needs.

Should I get the Citi Simplicity® Card - No Late Fees Ever?

If you’re planning to make a big purchase and need time to pay it off or need breathing room while you pay off high-interest debt, the Citi Simplicity® Card - No Late Fees Ever is an excellent option. It’s also great if you think you might be late on a few payments.

Last updated Nov. 2, 2017. 


About the author