Review: Citi Simplicity Credit Card

0% introductory APR for 21 months on balance transfers: One of the longest introductory periods on balance transfers we’ve come across, you’ll get an introductory 0% APR on the balance transferred for 21 months, meaning you’ll have almost two years to pay off the balance.

0% introductory APR for 12 months on purchases: You’ll also get an introductory 0% APR on new purchases for the first 12 months. This is a useful advantage if you plan to buy something with the card.

Choose the payment due date: A little flexibility can go a long way when it comes to managing your finances. The card allows you to choose from any available payment date, whether it’s at the beginning, middle or end of the month. This way, you can set up automatic payments that are aligned with your salary.

No late fees: One of the most unique advantages is that there are never late fees. While you should always pay your bill on time, as late payments can still hurt your credit, it’s good to know that you won’t be charged if you skip and miss a payment.

No penalty APR: If you miss some payments, most credit cards will raise your interest rate up to the penalty APR. The Citi Simplicity┬« Card never charges a penalty rate, so your APR isn’t at risk for late payments.

No annual fee: This card doesn’t come with an annual fee, which is an important feature if your goal is to pay down debt.

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