Citi Simplicity Card Review: Nice for Balance Transfers, Not Rewards

This Citi credit card might have features to fit your needs.

If you’re looking to save money, Citi Simplicity is a no-frills credit card without late fees, penalty rates or annual membership fees. Customers interested in setting up a balance transfer might also be enticed by this Citi credit card’s long 0% intro APR period, which can help consolidate debt.

Find out what Citibank has to offer and whether the Citi Simplicity card is right for you.

Citi Simplicity Card at a Glance
  • 0% intro APR for purchases and balance transfers within 18 months
  • After first 18 months, 15.74%-25.74% variable APR, depending on creditworthiness
  • No annual fee
  • No late fees or penalty APR
  • Long introductory APR period
  • Foreign transaction fees are 3 percent of each purchase
  • Penalty fee of up to $35 for returned payments
  • No rewards
Rates are accurate as of Sept. 5, 2018.

In This Review:

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What You Need to Know About the Citi Simplicity Card

The 18 months of 0% intro APR on this Citi card can give customers a longer period of relief from paying interest compared to other credit cards with yearlong introductory offers. If you’re prone to missing credit card payments, you might find Citi Simplicity’s lack of late fees and penalty APR particularly appealing.

Best For:

  • People seeking debt consolidation
  • Individuals concerned about missing a payment or two

Best Features of Citi Simplicity Card

Beyond the nonexistent late fees and generous 18-month 0% intro APR for purchases, this Citibank credit card offers basic travel and purchase protection: chip technology for greater security, $0 liability on unauthorized charges and assistance in the event of identity theft.

Balance-transfer fees for the Citi Simplicity card are either $5 or 5 percent of the transaction amount, whichever is greater. But, as long as you complete all your balance transfers within four months of opening the account, you’ll fall into the 18-month 0% intro APR period.

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Citi Simplicity Additional Considerations

Citibank is a global institution. With more than 100 million customers, Citibank can offer widespread conveniences such as Apple Pay, 24/7 customer service, automatic account alerts and the flexibility to choose your own payment due date.

Check Out: Citibank Review — One-Stop Banking

Citi Simplicity Card: Designed for Low-Maintenance Users

Due to the lack of an annual fee, customers can let the Citi Simplicity card sit in their wallets without worrying about membership costs piling up. For occasionally forgetful individuals, this Citibank card is also very forgiving of late payments and offers flexibility with payment due dates. However, customers looking for a credit card with rewards for spending or other perks might want to consider alternatives to the basic Citi Simplicity card.

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This content is not provided by the companies mentioned. Any opinions, analyses, reviews or recommendations expressed in this article are those of the author alone and have not been reviewed, approved or otherwise endorsed by Citibank.

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GOBankingRates is a personal finance and consumer interest rate website owned by ConsumerTrack, Inc., an online marketing company serving top-tier banks, credit unions and other financial services organizations. Some companies mentioned in this article might be clients of ConsumerTrack, Inc., which serves more than 100 national, local and online financial institutions. Rankings and roundups are completely objective, and no institution, client or otherwise, paid for inclusion or specific placement. Any opinions, analyses, reviews or recommendations expressed in this article are those of the author alone and have not been reviewed, approved or otherwise endorsed by the companies included in the article. All fees and rates are subject to change at the issuers’ discretion. Some interest rates might be short-term or promotional offers only, and it is possible additional terms and conditions must be met in order to obtain the interest rates listed. Rates and availability might vary by region. Verify terms and conditions before opening an account. 

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About the Author

Grace Lin

Grace joined the GOBankingRates team in 2017 with an editorial background in print journalism and magazines. Prior to editing and writing for GOBankingRates, Grace pitched books and movies from Renaissance Literary & Talent, a literary agency and management firm representing clients such as the estate of Audrey Hepburn, Kirk Douglas, Goldie Hawn and Heidi Murkoff of the “What to Expect When You’re Expecting” series.

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