The Citi Simplicity credit card stands out with a 0% introdutory APR for 21 months on Balance Transfers plus 12 months on Purchases. It’s an excellent option for outstanding credit card balance transfer offers and more perks.
- READ THE FULL REVIEW: Meet credit card balance transfer offers of the Citi Simplicity Card
If you want to apply for a Citi Simplicity Credit Card, keep reading this article. Meeting the submission process is essential to being approved and enjoying a straightforward and hassle-free credit card experience while aiming to avoid fees and save money.
Great balance transfer offers and more perks
The Citi Simplicity Credit Card has one of the most extensive intro APR periods on the financial landscape. Cardholders have 21 months of 0% intro APR for balance transfer, for transferring debt from one credit card to another. This credit card also offers 12 months of 0% APR on purchases.
In addition, this credit imposes no annual fee or late fees, providing further financial relief to cardholders. Moreover, there’s no penalty APR for late payments, offering peace of mind to those who occasionally miss payment deadlines.
Citi Simplicity cardholders can take advantage of digital wallets to store payment information securely on their smartphones or electronic devices. This feature facilitates convenient and secure payments in various settings, including in-store, online, and through mobile apps.
How to apply for a Citi Simplicity Credit Card
You can apply for the Citi Simplicity Credit Card at a Citi branch or online from home.
Here is a step-by-step tutorial on application from home:
Step 1: Visit the Citi Credit Card’s official website.
Step 2: Select the Citi Simplicity Credit Card and click the “Apply Now” button.
Step 3: Carefully fill out all the information required.
Step 4: Read the terms and conditions and submit.
Once you have finished your application, it is important to note that you must wait for Citi to review and answer it. This process typically takes a few minutes; however, in some cases, it can take several business days. The time frame may vary depending on the volume of applications received and other factors.
Citi Simplicity approval criteria
There are some essential criteria for the Citi Simplicity credit card. Other questions increase your chances of approval. Let’s check out some of them.
The first mandatory criterion is to be at least 18 years old. Being a U.S. citizen or having proven residence in the country is also essential.
Having a good credit score is also required. Typically, the score needed is between 670 and 850, but your chances of approval increase if your credit score is above 700.
Applicants also need to prove that they have a stable income to qualify for the card. Furthermore, other factors increase the chances of approval, such as the history of on-time payments, employment status, housing situation, and any recent credit inquiries or applications.
Bonus round: Citi Simplicity x Discover It Balance
The Citi Simplicity Credit Card and the Discover It Balance Credit Card offer appealing intro APR periods for purchases and balance transfers. Here is a comparison between these two cards that are similar in the realm of credit cards.
Intro APR
- Citi Simplicity Card: 0% introdutory APR for 21 months on balance transfers from the date of first transfer (after, 19.24% – 29.99% variable APR).
- Discover It Balance Credit Card: 0% introtodutory APR for 18 months on balance transfers, followed by 17.24% – 28.24% Variable APR afterward.
Balance Transfers fees
- Citi Simplicity Card: 3% for the first four months of account opening. After that, a balance transfer fee of 5% of each transfer.
- Discover It Balance Credit Card: 3% intro balance transfer fee, up to 5% fee on future transfers.
Annual fee
- Citi Simplicity Card: None
- Discover It Balance Credit Card: $0
Rewards
- Citi Simplicity Card: None
- Discover It Balance Credit Card: 5% cashback on revolving quarterly sectors, up to $1,500 in acquisitions per quarter; after that, receive 1% cashback, plus 1% on all other purchases.
Who is the winner?
When it comes to rewards, Discover It Balance stands out with its cashback and rewards program. However, the City Simplicity Credit Card wins when discussing the intro APR period.
- READ THE FULL REVIEW: Meet credit card balance transfer offers of the Citi Simplicity Card
It’s essential to analyze all the similarities, differences, and requirements for approval in both credit card options to choose what best suits your needs.
If you want to apply for a Citi Simplicity Credit Card, click here.
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Disclaimer:
This content is not intended to be financial advice. Please consult a financial professional for guidance on your specific situation.
The rates and terms of the card are subject to change. Please refer to the credit card company’s website for the most up-to-date information.