Citi Diamond Preferred Card

Key Benefits

All Benefits

• 0% intro APR for 21 months on balance transfers from date of first transfer (one of the longest BT intros in the U.S. market in 2026; balance transfers must be completed within 4 months of account opening to qualify for the intro rate)
• 0% intro APR for 12 months on purchases from date of account opening
• Variable purchase / balance transfer APR of 16.49% to 27.24% after the intro period ends, based on creditworthiness (rates adjust with Prime Rate; verify current Schumer box at application)
• Intro balance transfer fee of 3% of each transfer (minimum $5) on transfers completed within the first 4 months; 5% (minimum $5) on any balance transfers requested after that intro window
• $0 annual fee for the life of the card
• Citi Flex Pay: convert eligible purchases of $75+ into fixed monthly payment plans at a defined APR, or use Citi Flex Loan to borrow against available credit
• Choose your own payment due date from the available options to align the bill with your paycheck cycle
• $0 liability on unauthorized charges
• Free FICO Score access through the Citi online account and Citi Mobile app
• 24/7 Citi customer service
• Citi Quick Lock to disable the card instantly from the Citi Mobile app
• Citi Entertainment: presale and exclusive ticket access for concerts, sporting events, and dining experiences
• Mastercard ID Theft Protection (issued as a World or World Elite Mastercard depending on credit profile)
• Apple Pay, Google Pay, and Samsung Pay support
• Best-use case: park existing high-APR credit card debt for ~21 months at 0%, pay it down on a structured schedule, and avoid the ~$2,000-$5,000 in interest a typical 20%+ APR balance would have accrued (a 3% balance transfer fee on $5,000 = $150, which is the only out-of-pocket cost if the balance is fully paid before month 21)
• Not Offered: no welcome / signup bonus
• Not Offered: no rewards program — no cash back, no ThankYou Points, no miles
• Not Offered: no foreign transaction fees disclosed as $0 — the card carries a 3% foreign transaction fee per the current Schumer box (avoid using abroad)
• Not Offered: no travel insurance, no purchase protection, no extended warranty (these were removed from most Citi 'no annual fee' cards in prior benefit-cut cycles)
• Not Offered: no late fee forgiveness (the sister product Citi Simplicity is the no-late-fee card; Diamond Preferred does charge late fees and may charge a penalty APR)
• Not Offered: no cell phone protection, no airline lounge access, no Global Entry / TSA PreCheck credit
• Compared to Citi Simplicity: same 21-month BT intro and same $0 AF, but Simplicity adds 'no late fees, ever' and 'no penalty APR'; Diamond Preferred is otherwise nearly identical and is sometimes easier to get approved for one of the two if you've recently held the other (subject to Citi's 24-month 'one BT bonus per family' rules)