Advertising Disclosure: Citi is a paid advertiser of this site. This credit card review was not reviewed by, endorsed, or approved by Citi. All opinions, reviews, and recommendations reflect the author’s honest opinions, beliefs, and experiences with Citi and its products.
Raise your hand if you’ve ever been late with a credit card payment. I have. Now think back to what happened when you were late with your payment. If you were lucky, you were able to talk your credit card company into waiving the late fees or interest rate hike they may have assessed. If you weren’t lucky you had insult added to injury and you were hit with both a late fee and an increased interest rate.
Wouldn’t it be great if there were a credit card company that gave you a little leeway? Citi thought so, which is why they brought back one of their most popular credit cards after a several year hiatus – the Citi Simplicity® Card.
The Citi Simplicity® Card is just what the name says – a simple credit card for credit card users with simple needs. You won’t find cash rewards or travel points with this card. But depending on your credit needs, you may find something even better – No Late Fees or Penalty Rate Hikes.
You read that correctly. There are no late fees or rate hikes if you miss a payment due date or go over your credit limit. The Citi Simplicity® Card won’t charge you late fees if you send in your payment late and they won’t jack your interest rate up to 30% just because your payment arrived 3 days late in the mail.
Citi Simplicity® Card Features
0% Intro APR on Balance Transfers for 18 months. This card is among the longest 0% balance transfer offers on the market, which by itself makes it a great offer. The offer becomes even better when you consider the lack of late fees and rate hikes. That makes this card a great offer for consolidating other credit card balances. After the 0% intro APR, the variable APR will be 12.99% – 21.99% based on your creditworthiness.
0% Intro APR on Purchases for 18 months. The Citi Simplicity® Card is also a great card for people who are looking to make a large purchase and want an interest free loan for 18 months. No late fees gives you the time to make all your payments without stressing your budget too much. Again, the interest rate after the 0% intro APR will be 12.99% – 21.99% based on your creditworthiness.
No late fees* or rate hikes if you miss a payment due date or go over your credit limit. This is perhaps the biggest selling feature of this card. Most credit card issuers are more than happy to jack your rate up if you are so much as one day late on your credit card payment.
Manage your account any time, anywhere. Citi offers online account access, e-mail reminders, paperless statements, and online bill pay.
No wait time for live help, 24/7. Really, who wants to wait on the phone for 10-20 minutes to speak with someone, especially when you are calling in the middle of the night? No one! Citi gives customers fast, personal help, 24 hours a day.
No annual fee. There are very few credit cards where it makes sense to pay an annual fee, and they are usually reserved for the high tier travel rewards cards or business cards. This card offers regular credit card users a solid credit card with no hassles and no fees.
Who can benefit from the Citi Simplicity® Card
The Citi Simplicity® Card is a solid credit card that is great for people who have good credit, but may have irregular cash flow or might be a little less than organized. This isn’t the best card for someone who carries around half a dozen credit cards in order to maximize their rewards based on the purchase they are making at the time.
Excellent Balance Transfer credit card. This card also excels for people who are looking to consolidate their credit card debt and transfer their credit card balances. The 18 month 0% balance transfer period is among the longest you can find at the moment, and the lack of fess and interest rate hikes make this a unique offer. Visit the Citi website for more information or to apply for the Citi Simplicity® Card.