|Highlights||Credit Card Feature|
|Things We Like||0% introductory APR for 12 months on purchases and 21 months for balance transfers made in the first 4 months|
|Our Least Favorite||No rewards program|
|Our Verdict||Great card for card benefits and a long 0% intro APR|
- 0% Intro APR on Balance Transfers for 21 months from date of first transfer. All transfers must be completed in first 4 months. After that the variable APR will be 14.49% - 24.49%, based on your creditworthiness*
- 0% Intro APR on Purchases for 12 months from date of account opening. After that the variable APR will be 14.49% - 24.49%, based on your creditworthiness*
- If you transfer a balance with this offer, after your 0% Intro purchase APR expires, both new purchases and unpaid purchase balances will automatically accrue interest until all balances, including your transferred balance, are paid in full
- There is a balance transfer fee of either $5 or 5% of the amount of each transfer, whichever is greater
- $0 liability on unauthorized purchases and Citi® Identity Theft Solutions
- No annual fee*
- Free access to FICO® Scores*
- Intro APR
0%* for 21 months on Balance Transfers* and 12 months on Purchases*
- Annual Fee
- Regular APR
14.49% - 24.49%* (Variable)
- Credit Required
Citi® Diamond Preferred® Card- 21 Month Balance Transfer Offer, a partner card issued by Citibank, is one of our top rated 0% balance transfer cards in the U.S., and is designed for those who plan to take advantage of its 21 months of introductory 0% APR on balance transfers (made in the first 4 months from account opening) and 12 months for purchases (then 14.49% - 24.49%* variable APR), and also for those who want to enjoy the benefits this card has to offer. In my opinion, this card is a good choice if you want to pay 0% interest on an existing credit card balance. If you are currently paying interest on your credit card balance, you might want to consider transferring that balance to this card. By doing so, you get to cut your interest rates to 0% and can get out of debt sooner.
Here I'll do a detailed review of Citi® Diamond Preferred® Card- 21 Month Balance Transfer Offer, one of our best rated credit cards for 0% balance transfers in the US, and tell you why we like this card.
Things We Like About Citi® Diamond Preferred® Card- 21 Month Balance Transfer Offer
No annual fee. You will enjoy all the benefits and privileges of being a Citi® Diamond Preferred® Card- 21 Month Balance Transfer Offer cardholder without having to pay any annual fee.
0% introductory APR on balance transfers for 21 months. Enjoy a 0% introductory APR for 21 months on all balance transfers made within the first 4 months, any balance transfers made after that will be charged 14.49% - 24.49%* variable APR, depending on your creditworthiness. This is a good deal if you take advantage of the 0% intro balance transfer APR by transferring your balance from another credit card account to this one in the first 4 months from account opening. After that there is a 14.49% - 24.49%* variable APR, so make sure to pay off your balance during the 21 months so that you won't incur the higher non-promotional interest rates.
0% introductory APR on all your purchases for 12 months. You will enjoy the benefit of having a 0% introductory APR on all your purchases for 12 months, after that you will have to pay the 14.49% - 24.49%* variable APR depending on your creditworthiness. Remember that even though you're in an introductory period and your APR is 0%, you should still make your payments on time to avoid getting into debt.
Low balance transfer fee of 5%. For each balance transfer, you pay 5% of each balance transfer; $5 minimum.
Citi® Price Rewind is a great benefit that searches for lower prices online (at no additional cost) for 60 days for your registered purchases. You can get back up to $500 per item and $2,500 a year.
You get worldwide travel accident insurance when you use this card to pay for your travel bookings in full. In case of the death or dismemberment of you or a family member on a covered booking is cause by an accident on a common carrier, you can get up to $250,000 in compensation.
Trip cancellation and interruption protection does just what it says. You can be refunded with up to $1,500 towards non-refundable trip expenses every rolling year, in the case that certain unforeseen events get in the way of your trip.
Auto rental insurance. You get auto rental insurance, discounts on car rentals, lost luggage assistance, legal referral services, emergency and travel emergency assistance services, medical services and more, which will give you peace of mind when you are traveling.
Your purchases are protected by damage and theft purchase protection. If purchases you charge to Citi® Diamond Preferred® Card- 21 Month Balance Transfer Offer are stolen or damaged within 120 days of making the purchase (90 days for New York residents), you may be covered up to $1,000 per item, up to a total of $50,000 per calendar year.
You get access to events. Citi® Private Pass® helps you get into events like concerts, sporting events and more, and even lets you get special early access to tickets for certain events.
Security. This card helps protect you with $0 liability on unauthorized purchases and Citi® Identity Theft Solutions. If any unauthorized purchases are made from your card, you will have $0 liability. The free Citi® Identity Theft Solutions service provides access to a team of identity theft solution specialists that can help you if your identity is ever stolen.
Security services. To make you feel more secure and protected this card also counts with many fraud and security protection services. This includes emergency card replacement, emergency cash replacement, and more.
Extra Cash Bonus Center. Although this isn't a cash back card per se, you can earn an average of 5% additional Extra Cash from Citi when you enroll in the Extra Cash Bonus Center. You can also earn Extra Cash at over 400 popular retailers when you shop by phone, online or even in-store at participating merchants.
Our Least Favorite Things About Citi® Diamond Preferred® Card- 21 Month Balance Transfer Offer
No rewards. Citi® Diamond Preferred® Card- 21 Month Balance Transfer Offer doesn't reward you with points or cashback for your purchases. However, if you are looking for a rewards card then you may prefer Citi ThankYou® Preferred Card, a highly rated Citi rewards card on GET.com.
How Other Cards Compare With Citi® Diamond Preferred® Card- 21 Month Balance Transfer Offer
|Intro APR:||0%* for 21 months on Balance Transfers* and 12 months on Purchases*|
|Regular APR:||14.49% - 24.49%* (Variable)|
|Credit Required:||Excellent, Good|
|Intro APR:||0%* intro APR on purchases* and balance transfers* for 18 months|
|Regular APR:||15.49% - 25.49%* (Variable)|
|Credit Required:||Excellent, Good|
Citi® Diamond Preferred® Card- 21 Month Balance Transfer Offer gives you solid card benefits and one of the longest introductory low APR periods available from a nationwide bank.
Citi® Diamond Preferred® Card- 21 Month Balance Transfer Offer blows us away with its introductory APR offer of 0% intro APR for 21 months on balance transfers made in the first 4 months and 0% intro APR for 12 months on purchases, which gives you plenty of time to pay off old credit card balances or big puchases (if you make them near the beginning of that intro APR period). The regular 14.49% - 24.49%* variable APR after that is fairly typical of current credit card rates.
What sets this card apart from other low interest credit cards is that it comes with benefits which we would normally only expect to find on a more exclusive credit card with a high annual fee (this card has no annual fee).
It would have been nice to see this card come with cash back or a more solid rewards program (like Citi ThankYou®), but if you aren't interested in rewards or already have a rewards credit card, then Citi® Diamond Preferred® Card- 21 Month Balance Transfer Offer will work well for transferring balances, paying off big-ticket purchases over time and (long after the intro APR has expired) paying for your travel bookings and purchases to enjoy the useful protection it offers.
See more Citi credit cards.