The Citi Simplicity® Card stands out for those seeking relief from high-interest credit card debt, thanks to its remarkably long 0% introductory APR on balance transfers and purchases. New cardholders enjoy 0% APR for 21 months on balance transfers and 12 months on purchases. After the introductory period, a variable APR range of 17.99% to 28.74% applies. You must complete balance transfers within the first 4 months of account opening to qualify for the intro offer. The card imposes an intro fee of 3% (minimum $5) per transfer in the first four months, increasing to 5% thereafter. Notably, the Citi Simplicity® Card charges no annual fee, no late fees, and no penalty rates—ever.

How to Apply: Step by Step

• Prepare your financial and identification details.
• Visit the official card provider’s website.
• Fill out the application with required information—income, employment, and Social Security Number.
• Review the terms and conditions carefully before submitting.
• Submit your application and wait for a decision, which may be instant or take a few days.

Main Pros of the Citi Simplicity® Card

The standout benefit is the exceptionally long 0% introductory APR on balance transfers—21 months, among the best in the industry. Cardholders also appreciate the complete absence of annual, late, or penalty fees, fostering a forgiving and budget-friendly user experience.

Additionally, Citi protection features, such as Citi® Quick Lock, help you stay secure with your account management and offer peace of mind during emergencies.

Main Cons of the Citi Simplicity® Card

One notable drawback is the balance transfer fee, which increases from 3% to 5% after the first four months. This higher fee could offset some potential interest savings if transfers are not timed carefully.

Another downside is the lack of rewards or cash back programs, making the card less appealing for those looking to earn perks on everyday spending.

Verdict

The Citi Simplicity® Card is a smart choice for users looking to pay off existing credit card debt or finance a significant purchase without incurring interest and penalty fees. Its straightforward fee structure and generous 0% APR period distinguish it from competitors. However, if you value ongoing rewards or travel perks, you might want to explore alternative options. For those who prioritize simplicity and savings on interest, this card delivers excellent value.