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Citi® Secured Mastercard® Credit Card
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Community Rating |
Rating not yet determined |
Purchase APR (Variable APR) |
24.74% (Verified 08/12/2022) |
Balance Transfer APR (Variable APR) |
24.74% (Verified 08/12/2022) |
Credit Score Range | 600 - 850 |
Annual Fee | $0 |
Citi® Secured Mastercard® Credit Card Review
This is a secured credit card credit card issued by Citi®. If you're wondering whether Citi Secured credit card is the right card for you, read on.
Key Takeaways
- High APRs. This is not a great card for people who carry a balance. It has a variable purchase APR of 24.74%
- No annual fee*. This is a great option for people looking for a low-maintenance card. It gives you the benefits of a credit card, but you don't have to pay an annual fee for the privilege.
- 5% Balance transfer fee. Citi® Secured Mastercard® Credit Card charges a fee of 5% on balance transfers. For example, a balance of $1,000 could cost $50 in transfer fees. The minimum fee is $5.
- Charges foreign transaction fees. Avoid using this card when traveling abroad because it charges a commission of 3% every time you make a transaction outside the U.S.
- Secured card. This card requires a refundable deposit before you qualify for a line of credit. These cards are often used to improve the credit of people with poor credit or little credit history.
- Fair or better credit required. You will have good approval odds if your credit score is above 600.
Pros & Cons of Citi Secured credit card
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Citi Secured credit card FAQ
Does Citi Secured credit card have a cash back or rewards program?
No, it does not offer a rewards program.
What are the Citi Secured credit card benefits?
It provides the following benefits:
- Zero fraud liability
- Reports to major credit bureaus
What are the relevant APRs for Citi Secured credit card?
According to the Federal Reserve Board, the average regular APR is 15% for all credit cards and 17% for accounts that carry a balance. This card has higher than average regular APRs.Citi® Secured Mastercard® Credit Card has a variable purchase APR of 24.74%. The card has a variable balance transfer APR of 24.74% . It also has a variable cash advance APR of 27.49% . Note that late payments are subject to an APR of 29.99% if you are late or miss your payments. Typically, the penalty APR applies for a minimum of six months but can go on indefinitely.
Does Citi Secured credit card have an intro APR offer on balance transfers?
No, it does not come with an intro APR offer for balance transfers.Does Citi Secured credit card have an intro APR offer on new purchases?
This card does not offer an intro APR rate on new purchases.What are the fees for Citi Secured credit card?
The following fees apply:
Fees | Amount |
---|---|
Annual Fee | $0 |
Foreign Transaction Fee | 3% |
Returned Payment Fee | up to $41 |
Late Payment Fee | up to $41 |
This card does not charge an annual fee, which makes it a smart choice for consumers looking for a low-cost card.
Does Citi Secured credit card have a foreign transaction fee?
Citi Secured credit card charges a foreign transaction fee of 3%. For example, if you spend $2,000 on a week vacation abroad you would pay a foreign transaction fee of $60. If you travel abroad you may want to leave this card at home and apply for one that doesn't charge foreign transaction fees.What is the customer service phone number for Citi Secured credit card?
The Citi Secured credit card customer service number is (800) 950-5114.
What is the support contact email for Citi Secured credit card?
The support contact email for Citi Secured credit card is customer.help@citi.com.
What is the Citi Secured credit card login page?
You can access the Citi Secured credit card login page here.
How do people rate the customer service and user experience of Citi Secured credit card?
We currently don't have sufficient reviews to provide a reliable SuperMoney community rating for this product.
Does Citi® Secured Mastercard® Credit Card report your account activity to credit bureaus?
Yes, Citi® Secured Mastercard® Credit Card reports your account activity to the following credit reporting agencies:
- Equifax
- Experian
- Transunion
Making regular on-time payments to a creditor that reports to one or more credit bureaus will demonstrate your financial responsibility and may help improve your credit.
How to apply for Citi Secured credit card
- Visit the Citi Secured credit card website.
- Fill in the application form. You will typically need to provide general financial information, such as your Social Security Number, address, and annual income.
- Check the information is accurate and submit your application.
If your credit score is preventing you from qualifying for this credit card, check out our guide for the best credit cards for bad credit.
Contact
- Headquarters
-
388 Greenwich Street
New York, NY 10013 USA - (800) 950-5114
- Visit Site
- Email Support
Other Services by Citi®
Availability
- Alaska
- Alabama
- Arkansas
- Arizona
- California
- Colorado
- Connecticut
- Washington, DC
- Delaware
- Florida
- Georgia
- Hawaii
- Iowa
- Idaho
- Illinois
- Indiana
- Kansas
- Kentucky
- Louisiana
- Massachusetts
- Maryland
- Maine
- Michigan
- Minnesota
- Missouri
- Mississippi
- Montana
- North Carolina
- North Dakota
- Nebraska
- New Hampshire
- New Jersey
- New Mexico
- Nevada
- New York
- Ohio
- Oklahoma
- Oregon
- Pennsylvania
- Rhode Island
- South Carolina
- South Dakota
- Tennessee
- Texas
- Utah
- Virginia
- Vermont
- Washington
- Wisconsin
- West Virginia
- Wyoming
Feature Breakdown
Cash Advance Fee Minimum | $10 |
Cash Advance Fee (%) | Up to 5% |
Minimum Cash Advance Fee ($) | Starting at $10 |
Foreign Currency Transaction Fee | 3% |
No Annual Fee | |
Annual Fee | $0 |
Minimum Interest Charge | $0.50 |
No Interest Grace Period for Late Payment | 23 days |
Returned Payment Fee | Up to $41 |
Late Fee Amount | Up to $41 |
Citi® Secured Mastercard® Credit Card Community Reviews
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