
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
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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.