Citi Simplicity® Card
on Citibank's application
Citi Simplicity® Card
Card details
No Late Fees, No Penalty Rate, and No Annual Fee... Ever
0% Intro APR for 21 months on balance transfers from date of first transfer and 0% Intro APR for 12 months on purchases from date of account opening. After that the variable APR will be 18.24% - 28.99%, based on your creditworthiness. Balance transfers must be completed within 4 months of account opening.
There is an introductory balance transfer fee of $5 or 3% of the amount of the transfer, whichever is greater for balance transfers completed within 4 months of account opening.
Stay protected with Citi® Quick Lock and $0 liability on unauthorized charges.
Rates, fees & offers
Annual fee
$0
Rewards rate
N/A
Bonus offer
None
Intro APR
0% Intro APR for 21 months on Balance Transfers and 12 months on Purchases
Ongoing APR
APR: 18.24%-28.99% Variable APR
Cash Advance APR: 29.49%, Variable
Balance transfer fee
3% of each transfer (minimum $5) completed within the first 4 months of account opening, then 5% of each balance transfer; $5 minimum.
Foreign transaction fee
3%
Recommended credit score
Compare to other cards
Annual fee$0 | Annual fee$0 | Annual fee$0 |
Regular APR18.24%-28.99% Variable APR | Regular APR16.24%-26.24% Variable APR | |
Intro APR0% Intro APR for 21 months on Balance Transfers and 12 months on Purchases | Intro APR0% intro APR on purchases for 12 months from the date of account opening | Intro APR0% intro APR on Purchases for 21 billing cycles and 0% intro APR on Balance Transfers for 21 billing cycles for any balance transfers made in the first 60 days |
Recommended Credit Score |
Recommended Credit Score |
Recommended Credit Score |
NerdWallet review
By Kevin Cash
Many or all of the products featured here are from our partners who compensate us. This may influence which products we write about and where and how the product appears on a page. However, this does not influence our evaluations. Our opinions are our own. Here is a list of our partners and here's how we make money.
Rating details
4.5
Editor's overall rating
Pros and cons
Pros
No annual fee
Intro APR period
Cons
No rewards
No new cardholder bonus offer
Requires good/excellent credit
If you're looking to make the high-interest balance you're carrying more manageable, the Citi Simplicity® Card is one of the best balance transfer options to consider. It offers cardholders one of the longest introductory interest-free periods on the market and comes with a $0 annual fee, no late fees and no penalty APR. That alleviates some of the high costs that can add up with an outstanding credit card balance.
The Citi Simplicity® Card does come with some downsides. If you move a balance onto the card, you’ll pay a fee of 3% of each balance transfer ($5 minimum) on any balance transfers you make in the first four months. After that, you'll pay a 5% balance transfer fee ($5 minimum). So that is a cost to consider. The Citi Simplicity® Card also doesn't come with rewards. But if you're revolving a relatively low balance, and interest charges continue to grow, this card might help you tackle your debt.
Interested in learning more? Check out our full editorial review.
