If you want a no-frills credit card, you can choose between the Citi® Diamond Preferred® Card and Citi Simplicity®. These two cards are aimed at people who have excellent credit scores. Both do not have rewards, but they do have a number of benefits to offer to cardholders.
What the Citi® Diamond Preferred® Card Offers
Many credit card holders carry balances, which accumulate high interests overtime. The longer the duration of unpaid debt, the higher the owed amount gets. With the help of a good balance transfer card, you can shift your balances onto it without incurring interest. This is exactly what the Citi® Diamond Preferred® Card is created for. It has one of the longest promotional periods on both balance transfers and purchases. With this, you need not worry about interest rates for more than a year as you pay down your debt.
Aside from the lengthy APR offer, this card also waives the annual fee for life. Though you cannot gain rewards or points with this card, you can actually get discounts through the Extra Cash program from Citi. Rebates can be claimed if you make your purchase at the the Citi website. In addition to the free money, there is also an auto rental insurance for those who frequently hits the road. Furthermore, you can obtain rental discounts and lost luggage assistance. You can even personalize it by requesting to have your photo on the face of the card. Since it is a Diamond card, it comes with exclusive perks, such as the Private Pass® that lets you experience exciting events and unrivaled entertainment.
Citi Simplicity® Card Features
As the name suggests, this card is as simple as it gets. It does not have rewards and does not have special offers. However, this is what you should get if you are often late on your repayments. With this, you no longer have to worry about late fees and penalty fees. Like the Citi® Diamond Preferred® Card, this does not have an annual fee. It also has a long introductory offer on both purchases and balance transfer APR.
You cannot expect a lot from a plain card, though. Unlike the Diamond Preferred from Citi, this does not offer other perks. However, it does promise assistance when necessary. Simply call Citi’s hotline to get the help you require anytime – no waiting time guaranteed.
Both cards are not ideal for those who frequently purchase goods with their card and expect to be rewarded. Nevertheless, they do offer a long period of 0% interest on purchases. These two are also perfect for those who need to transfer their balances. With the 18-month no-interest period, you have plenty of time to eliminate your debt.
Which Card is Best?
It can be a bit tricky to select from these two since they somehow have similar features. However, if you want a card that has additional benefits, the Citi® Diamond Preferred® Card may be the stronger option. If you are shopping for a card that does not charge late fees and penalty interest rates, Citi Simplicity® may be the better choice.