City Bank Low Rate Platinum Card

City Bank Low Rate Platinum Card Review

This is a credit card issued by City Bank. If you're wondering whether City Bank Low Rate Platinum Card is the right card for you, read on.

Key Takeaways

• 0% APR balance transfer intro rate. Offers an introductory 0% APR rate on balance transfers for up to 6 months , which is shorter than the average 0% APR period of 12 months.
• Competitive APRs. City Bank Low Rate Platinum Card has a variable purchase APR of 9.24%
• 1% Balance transfer fee. City Bank Low Rate Platinum Card charges a fee of 1% on balance transfers, if you transfer the balance within 180 days of opening the account. For example, a balance of $1,000 could cost $10 in transfer fees. The minimum fee is $10.
• Charges foreign transaction fees. Avoid using this card when traveling abroad because it charges a commission of 1.5% every time you make a transaction outside the U.S.
• Multiple credit card benefits. Includes generous credit card perks, such as rental insurance, extended warranty protection on purchases, identity theft protection, price protection, and fraud protection.
• Fair or better credit required. You will have good approval odds if your credit score is above 600.

Pros & Cons of City Bank Low Rate Platinum Card

City Bank Low Rate Platinum Card FAQ

Does City Bank Low Rate Platinum Card have a cash back or rewards program?

No, it does not offer a rewards program.

What are the City Bank Low Rate Platinum Card benefits?

It provides the following benefits:

• Auto Rental Collision Damage Waiver
• Extended Warranty Protection
• Zero fraud liability
• Price Protection
• Reports to major credit bureaus

What are the relevant APRs for City Bank Low Rate Platinum Card?

City Bank Low Rate Platinum Card has a variable purchase APR of 9.24%. The card has a variable balance transfer APR of 9.24% . It also has a variable cash advance APR of 23.99% .

What are the fees for City Bank Low Rate Platinum Card?

The following fees apply:

• There is no overlimit fee

Does City Bank Low Rate Platinum Card report your account activity to credit bureaus?

Yes, City Bank Low Rate Platinum 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 City Bank Low Rate Platinum Card

• Visit the City Bank Low Rate Platinum 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.