Features

Who is the Citi Diamond Preferred Designed For?

Citi Diamond Preferred is designed for people with excellent credit who are looking for a 0% APR credit card with no annual fee. It has the longest 0% APR intro rate period on balance transfers and purchases available; so it is a particularly good fit for people who carry a balance on their current credit and want to pay it off interest free or who plan to make large purchases in the future.

What are the Interest Rates for the Citi Diamond Preferred?

Once the intro rate ends, Citi Diamond Preferred credit card has a standard APR of 11.99% to 21.99%, depending on creditworthiness for purchases and balance transfers. Cash advances have a 25.24% APR. However, what really makes this card stand out is its 21-month 0% APR on both purchases and balance transfers: the longest 0% APR intro rate in the business. Heads up though, cardholders who are late on their payments will trigger a 29.99% penalty rate, which may apply to the account indefinitely.

What Are the Fees for Citi Diamond Preferred?

The Citi Diamond Preferred credit card doesn't have an annual fee but it does have a 3% fee ($5 minimum) on foreign transactions and balance transfers, a 5% ($10 minimum) cash advance fee, and a $35 fee on returned and late payments. In other words, don't take this card on a vacation abroad and avoid using it for cash advances, if at all possible.

What Is Citi Diamond Preferred's Rewards Program Like?

Citi Diamond Preferred doesn't have a rewards program. Its focus is on helping cardholders save on interest payments. However, it does have a generous set of services and perks for its cardholders.

What about Citi Diamond Preferred's Signup Bonus?

Citi Diamond Preferred doesn't have a signup bonus. Unless you count a 21-month 0% APR intro rate as a signup bonus, which you probably should.

Does the Citi Diamond Preferred Have Any Other Benefits?

Citi Diamond Preferred includes all the services and benefits you would expect from a prime credit card. These include extended warranty on purchases, a personal concierge service, worldwide car rental service, trip cancellation protection, worldwide travel accident insurance, emergency assistance and identity theft protection. The card also gives members the Citi Private Pass, which gives them exclusive access and VIP packages to entertainment events.

How Is Citi Diamond Preferred Better Than Other Credit Cards?

Citi Diamond Preferred is one of the best 0% APR balance transfer credit cards available. It has a long intro rate, no annual fee and an excellent set of services and perks. The only real caveats to consider are its 3% foreign transaction fee and its 3% balance transfer fee. To illustrate, if your transfer $20,000 of credit card debt, you will have 21 months to pay for it interest free, but you first will have to pay $600 to process the transfer. In its defense, a balance transfer fee is a necessary evil with all major balance transfer cards with the exception of the Chase Slate credit card.

  • Card Type
    Balance Transfer Rewards
  • Customer Type
    Personal
  • Card Network
    Mastercard
  • Minimum Age
    18
  • Co-signing Allowed
  • Grace Period / Deferred Interest
    23
  • Late Payment Penalty
    $35
  • Minimum Interest Charge
    $1
  • Returned Payment Fee
    $35
  • Foreign Currency Transaction Fee
    3%
  • Car Rental Insurance
  • Emergency Support
  • Extended Warranty
  • Flight Insurance
  • Fraud Liability
  • Free FICO Score
  • Lost Luggage Insurance
  • Travel Insurance
  • Air Miles
  • Cashback
  • Points
  • Purchases APR
    11.99% - %
  • Transfer Fee
    3%
  • Balance Transfer APR
    11.99% to 21.99% APR% - %
js-table-filter bizname-citi-thank-you-preferred-card
0
js-table-filter ccard-type-137
js-table-filter ccard-type-136
js-table-filter every-purchase-138
js-table-filter points-137
13.24
js-table-filter restaurants-142
0
js-table-filter no-annual-fee-238
js-table-filter no-introductory-apr-350
js-table-filter card-type-12
js-table-filter credit-required-115
js-table-filter credit-required-116

Est. 1812

  • Every Purchase
  • Points
  • Restaurants
  • No Annual Fee
  • 0% Introductory APR
Card Type Balance Transfer
Card Type Rewards
Purchases APR 13.24%
Balance Transfer APR 13.24%
Intro APR period (months) 15
075
js-table-filter bizname-citi-simplicity
0
js-table-filter ccard-type-137
12.99
js-table-filter no-annual-fee-238
js-table-filter no-introductory-apr-350
js-table-filter card-type-11
js-table-filter credit-required-116

Est. 1812

  • No Annual Fee
  • 0% Introductory APR
Card Type Balance Transfer
Purchases APR 12.99%
Balance Transfer APR 12.99% to 22.99% APR%
006
js-table-filter bizname-citi-diamond-preferred
0
js-table-filter ccard-type-137
js-table-filter ccard-type-136
11.99
js-table-filter no-annual-fee-238
js-table-filter no-introductory-apr-350
js-table-filter card-type-11
js-table-filter credit-required-115
js-table-filter credit-required-116

Est. 1812

  • No Annual Fee
  • 0% Introductory APR
Card Type Balance Transfer
Card Type Rewards
Purchases APR 11.99%
Balance Transfer APR 11.99% to 21.99% APR%
006
js-table-filter bizname-citi-prestige-card
js-table-filter airlines-140
450
js-table-filter ccard-type-137
js-table-filter ccard-type-136
js-table-filter points-137
15.24
js-table-filter restaurants-142
js-table-filter travel-143
15.24%
js-table-filter no-foreign-currency-transaction-fee-237
js-table-filter credit-required-115
js-table-filter credit-required-116

Est. 2006

  • Airlines
  • Points
  • Restaurants
  • Travel
  • No Foreign Transaction Fee
Annual Fee $450
Card Type Balance Transfer
Card Type Rewards
Purchases APR 15.24%
Balance Transfer APR 15.24%%
Introductory Rate 15.24%%
006
js-table-filter bizname-citi-double-cash-card
0
js-table-filter ccard-type-136
js-table-filter cashback-135
js-table-filter every-purchase-138
12.99
0
js-table-filter no-annual-fee-238
js-table-filter no-introductory-apr-350
js-table-filter card-type-140
js-table-filter credit-required-116

Est. 1812

  • Cashback
  • Every Purchase
  • No Annual Fee
  • 0% Introductory APR
Card Type Rewards
Purchases APR 12.99%
Balance Transfer APR 12.99% to 22.99% APR%
006
js-table-filter bizname-citi-hilton-hhonors-reserve-visa
js-table-filter airlines-140
95
js-table-filter ccard-type-223
js-table-filter ccard-type-136
js-table-filter every-purchase-138
js-table-filter points-137
15.49
js-table-filter travel-143
js-table-filter card-type-12
js-table-filter no-foreign-currency-transaction-fee-237
js-table-filter credit-required-115
js-table-filter credit-required-116

  • Airlines
  • Every Purchase
  • Points
  • Travel
  • No Foreign Transaction Fee
Annual Fee $95
Card Type Travel
Card Type Rewards
Purchases APR 15.49%
Balance Transfer APR 15.49%
006
Load More Products

SuperMoney.com is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...

No reviews found.

Be the first to write a review for this company!

Write a Review

New Review for Citi Diamond Preferred

Rate your experience:

Cancel