Citi® Diamond Preferred® Card

Overall Rating

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Intro APR: 0% for 12 Months*
Regular APR: 11.99%-21.99%* (Variable)
Intro Balance Transfer: 0% for 18 Months*
Ongoing Balance Transfer: 11.99%-21.99%* (Variable)
Annual Fee: $0*
Credit Needed: Excellent

Highlights

  • Click "APPLY NOW" to apply online or call 888-359-3565
  • Get 0% Intro APR on Balance Transfers for 18 months and 0% Intro APR on Purchases for 12 months. After each introductory period ends, the variable APR will be 11.99% - 21.99%, based on your creditworthiness.*
  • There is a balance transfer fee of either $5 or 3% of the amount of each transfer, whichever is greater.*
  • With Citi® Easy Deals(SM), get what you want for less. Earn Citi Easy Deals Points for the purchases you make with your card. Redeem your points for great online deals on name-brand merchandise, gift cards and even local deals.
  • Let our 24/7 concierge service help book your hotel rooms, flights and more.
  • $0 liability on unauthorized purchases and Citi® Identity Theft Solutions
  • No annual fee*

Details from the CompareCards.com Editorial Team

From the CompareCards.com Editorial Team:

For those looking for a credit card with a low interest rate and lengthy promotional purchase and balance transfer period, the Citi Diamond Preferred card could be the one. Citi is offering 12 months 0% APR on purchases and 18 months of 0% APR on balance transfers along with no annual fee. Not only is the regular APR highly competitive amongst other offers, but the Citi Diamond Preferred card also offers a multitude of card holder perks.

While there isn’t a set rewards program offered with the Citi Diamond Preferred card, card holders can earn extra cash shopping online, receive price protection on purchases for up to 60 days and be enrolled in automatic travel accident insurance. Citi Dimaond credit card holders also receive purchase protection against theft, fire or accidental breakage of up to $1,000, 90 days from purchase. The Citi Diamond Preferred credit card is a solid credit card choice for those with Excellent credit looking for 0% intro rate.

Expert Reviews of the Citi® Diamond Preferred® Card

by

Overall Rating
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Introductory APR
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Benefits
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Fees
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Regular APR
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The Bottom Line

This card is a great choice for those looking to save by avoiding considerable interest rate expenses on high card balances.

The Good

This card offers an industry leading promotional period on both purchases and balance transfers.

The Not so Good

If you are interested in cash back or rewards, this card isn't for you.

It goes with the Citibank customer service

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By

(Des Plaines, il)

Date Posted

I was in need of a balance transfer. It does show in the review you need an excellent credit to get this card. Excellent credit should indicate, that balances lesser then $3000 one can pay off with cash. And why do you ever offer a person with credit lines above 10k- a card of 3k for their balance transfers? I could not take advantage of the offer simply because my card did not meet up the amount I was in need to cover! Assured by a rep that I can call and raise up the limit after I get the card, I commited to it. And transferred a part of the balance in question. They automatically added the transfer fee. I called right after I had the card in my hand: and NO! You need to have it for at least 6 months in order to raise up your credit!Well, I got stuck with a useless product. After taking my time (about 11 months) to pay the balance created by the transfer, I called to finally raise up the line. And NO! AGAIN!TWO , not one, reps forgot to let me know they would be checking my credit again in such case. But guess what, I was eligible for money transfer balance(heh). And I did know about it from my mail (I still have the letter with the offer of 0% till May 2014). Well, I did make the same mistake second time: I have trusted the uneducated, lacking knowledge Citibank employee. I just received my first bill with APR-it's October! Logically speaking: why would anyone having an offer fo 12 months free of APR commit to an offer of months free? Excellent credit might just indicate the person with it is not a complete idiot, would you say? I have spent 2 days on the phone with people hanging up on their customers and making empty promises. I am expecting more phone calls regardinng this matter, as I have requested investigation. I very much wish there were negative ratings possible, thank you citi

I definitely would not recommend this card to a friend.

25 out of 25 people found this review helpful.

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Standard APR      
Customer Service      

There is a fee to pay No Fee.

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By

(Bay Area, California)

Date Posted

There is a fee of 3% of the amount transferred - So if you transfer, say , $17k, that's $500 just to transfer. This is a one time fee, BUT!!! you'll stand to save $2500 or more depending on what you are currently paying on your original credit card over a period of 18 months. It's just something you don't want to hear about as it's happening - good to know up front/ahead of time, since $500 is not chump change for any of us. So I had to say something here so people are prepared for that. There IS A FEE. Other than that, the math shows that yes - you can save a considerable amount in the long run depending on your situation.

I definitely would recommend this card to a friend.

106 out of 108 people found this review helpful.

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Benefits      
Fees      
Standard APR      
Customer Service      

Not All Balance Transfers

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By

(Brookfield WI.)

Date Posted

You cant do a balance transfer from another CITI card.

I definitely would recommend this card to a friend.

48 out of 61 people found this review helpful.

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No Problems Here

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By

(Jax, FL)

Date Posted

I have had this card at 0% on purchases for about a year now and have never had any issues. There is a cash rewards componenet to the card that I have to learn more about. I have always paid on time and have kept a few thousand dollars available on the limit (I don't spend to the limit). I like the website and its features. It makes it very easy to make a payment online from my checking account at my credit union. I have had no problems with this card or their customer service.

I definitely would recommend this card to a friend.

16 out of 17 people found this review helpful.

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Benefits      
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Standard APR      
Customer Service      

BEWARE OF CITI'S BALANCE TRANSFER OFFERS

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By

(NC)

Date Posted

I paid off my Citi Preferred account two years ago when they raised my interest rate by 10+% though I had paid at least $150 over the minimum monthly payment for several years, and had never gone over my balance. After several years of receiving and ignoring balance transfer offers, in August I received a balance transfer offer with 0% interest on transfers and purchases until 01/2013, providings check that were valid until 10/20/2011 that could be used to transfer balances or to deposit in my checking account. I immediately transferred balances for two accounts and kept the checks for future use. On October 4, 2011 I called to determine if I needed any additional authorization to use the check as I had written a check to deposit into a checking account, and was advised that the offer was no longer available. There had been no communication, via mail, email, or even an alert on my online account as to this rescinding of their offer, and had I used the checks (that needed not additional authorization) the check would have bounced. Now I find out that a balance transfer check (for another account) that was validated by Citibank on 10/04/2011 and subsequently deposited into my checking account not one hour after validation, was not honored by Citibank on 10/05/2011. While the card itself is OK, and the customer service reps in this matter were patient, understanding and as helpful as they could be, please BEWARE OF CITI'S BALANCE TRANSFER OFFERS

I definitely would recommend this card to a friend.

25 out of 26 people found this review helpful.

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Fees      
Standard APR      
Customer Service      

Excellent

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By

(ALABAMA)

Date Posted

I definitely would recommend this card to a friend.

27 out of 40 people found this review helpful.

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Intro APR      
Benefits      
Fees      
Standard APR      
Customer Service      

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Educational / User Friendly

I appreciate all the simple, easy-to-read facts that CompareCards offer. Each week CompareCards presents articles to teach the average consumer, lik… Read more

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Charleston

 

Super helpful

I came here looking for a card to do my balance transfer to and their livechat support was able to suggest the best option, and I was approved! Read more

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