Credit Cards

Citi® Diamond Preferred® review: long 0% intro APR

With the Citi Diamond Preferred credic card you get one of the longest 0% APR periods available in the market.


by Danilo Pereira

Published on 09/11/2022

Want to reduce your debt? This card offers a great opportunity to do just that

Citi® Diamond Preferred®
Source: The Post New.

The Citi® Diamond Preferred® is the perfect card if you are looking to transfer your balance to another card to eliminate your ongoing interest (even if just for a period of time), and this review will tell you how it works.

  • Credit Score: Good – Excellent
  • APR: 15.99%-25.99% Variable APR
  • Annual Fee: $0
  • Fees: Balance transfer fee of either 5$ or 5% of the amount (whichever is greater)
  • Welcome bonus: 0% Intro APR for 21 months starting on the first transfer, and 0% intro APR for 12 months on purchases starting at account opening.
  • Rewards: N/A
Citi® Diamond Preferred®

How to apply for Citi® Diamond Preferred® card?

If you're looking for a credit card with a long 0% Intro APR, read this post to learn how to apply for the Citi® Diamond Preferred®.

It is the best card for balance transfers because it has an ultra-long 0% intro APR period. That works for both balance transfers and purchases. Not to mention, the card has no annual fee.

If you’re interested in getting an excellent credit card, keep reading this Citi® Diamond Preferred® review.

Citi® Diamond Preferred®: how does it work?

How about well over a year of 0% APR? With the Citi® Diamond Preferred® you get that rate for 21 months.

This Intro APR is valid for all balance transfers you make within the first 4 months of opening your account.

For regular purchases, the 0% APR period is 12 months from account opening. Their 0% APR period makes this a very good choice for people working towards getting out of debt.

However, this card does not earn rewards, which makes it a short-term option. Once you have paid off your balance, you might want to move to a more profitable card.

And, of course, as you probably know, there is no such thing as a free lunch. Even though the APR is 0%, the transfer itself has a cost.

The card charges either $5 or 5% of the amount you transfer (whichever is greater). There are other credit cards in the market that do not charge this transfer fee.

However, they also offer shorter 0% APR periods. If you know it will take a long time for you to pay off your balance, the Citi® Diamond Preferred® might still be a good option.

Significant benefits and disadvantages of the Citi® Diamond Preferred®

Save money with a balance transfer! Source: Freepik.

Now that you know the ins and outs of the Citi® Diamond Preferred®, how about comparing the pros and cons in this review? We have compiled a list of both right down below. Have a look!



  • $0 annual fee
  • Ultra-long 0% intro APR period
  • Flexible payment due date
  • Potentially low APR for people with good credit


  • Does not offer rewards
  • Requires good/excellent credit
  • High balance transfer fee
  • 3% foreign transaction fee

Is a good credit score required for applicants?

Even though the Citi® Diamond Preferred® is a card meant for those in debt, not everyone qualifies. To qualify for this card you must have good to excellent credit. This typically means a credit score of between 670 to 850. 

Learn how to apply and get a Citi® Diamond Preferred®

Does the Citi® Diamond Preferred® sound like the right card for you? Do you qualify for it and are ready to apply? So let’s do that.

On the link below, you will find a complete walkthrough of the process. Click it, and we will take you there.

Citi® Diamond Preferred®

How to apply for Citi® Diamond Preferred® card?

If you're looking for a credit card with a long 0% Intro APR, read this post to learn how to apply for the Citi® Diamond Preferred®.

About the author  /  Danilo Pereira

Danilo is a copywriter with a passion for learning. Deeply interested in philosophy, politics and arts.

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