The Citi Diamond Preferred Card is an excellent choice for those seeking a credit card with no annual fee, low introductory APRs on purchases and balance transfers, and a variety of features designed for convenience and security. In this comprehensive review, we’ll explore the advantages and disadvantages of the card, its extra features, and how to apply for it. We’ll also discuss the prerequisites and application methods to help you make an informed decision.

Advantages of the Citi Diamond Preferred Card

The Citi Diamond Preferred Card offers several advantages that make it appealing to potential cardholders. One of the most notable benefits is the 0% introductory APR on purchases for 12 months from the date of account opening, which transitions to a variable APR of 18.24% – 28.99% based on your creditworthiness. Additionally, there is a 0% introductory APR on balance transfers for 21 months from the date of the first transfer, providing an excellent opportunity to save on interest. With no annual fee, this card also ensures you can enjoy its benefits without the burden of extra costs. Other perks include $0 liability on unauthorized charges and free access to your FICO® Score, enhancing both security and financial health.

Disadvantages of the Citi Diamond Preferred Card

Despite its many advantages, the Citi Diamond Preferred Card does have some drawbacks. The card does not offer a rewards program, which may be a significant downside for those who prefer earning points or cash back on their purchases. Additionally, the balance transfer fee is either $5 or 5% of the amount of each transfer, whichever is greater, which could add up depending on the amount being transferred. Another consideration is the foreign transaction fee of 3% of each purchase made outside the U.S., making it less ideal for international travelers.

Extra features offered by Citi Diamond Preferred Card

The Citi Diamond Preferred Card comes with a range of extra features designed for convenience and security. Cardholders have access to 24/7 customer service, ensuring assistance is always available when needed. Automatic account alerts help keep you informed about balance levels, due payments, and when you exceed your credit limit. You can also choose your payment due date to better manage your finances. The card supports digital wallets, enabling secure and quick payments online, in apps, and in stores. Additionally, the contactless pay feature allows for fast and secure transactions by simply tapping your card on the payment reader.

Learn how to apply for your Citi Diamond Preferred Card

Applying for the Citi Diamond Preferred Card is straightforward and can be done through various methods. You can apply online via the Citi website, where you can get a response in under a minute. Alternatively, you can apply by phone by calling the designated number. Citi also offers the option to apply through their mobile app, providing a convenient way to submit your application on the go.

Discover the main ways to apply for the Citi Diamond Preferred Card

There are three main ways to apply for the Citi Diamond Preferred Card: online, via the mobile app, and by phone. Each method is designed to make the application process as seamless as possible.

Prerequisites for request

To apply for the Citi Diamond Preferred Card, it is recommended to have a good to excellent credit score. This increases your chances of approval and helps you qualify for the best APR rates. Additionally, you must be at least 18 years old and a U.S. resident.

From the site

Visit the Citi website, navigate to the Citi Diamond Preferred Card page, and click on the “Apply Now” button. Fill out the application form with your personal and financial information, then submit it for review.

From the mobile app

Download the Citi mobile app, log in or create an account, and find the Citi Diamond Preferred Card under the credit cards section. Follow the prompts to complete and submit your application.

By phone

Call the dedicated application line at 1-800-505-1675. A customer service representative will guide you through the application process and help you submit your information for approval.

The Citi Diamond Preferred Card is a solid choice for individuals looking to save on interest with its long 0% introductory APR periods on both purchases and balance transfers. While it lacks a rewards program and has some fees associated with balance transfers and foreign transactions, the card’s no annual fee and robust security features make it an attractive option for those focused on managing their finances efficiently. Overall, the Citi Diamond Preferred Card offers valuable benefits and flexible payment options that can cater to a wide range of financial needs.