Best for Intro APR for Balance Transfers

  • Annual Fee: $0
  • Intro Offer/Welcome Offer: N/A
  • Intro APR: 0% Intro APR for 18 months on purchases and balance transfers
  • Regular APR: 13.74% - 23.74%
  • Credit Score Requirements: Good to Excellent (670 - 850)
Terms and Conditions Apply


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Why We Love the Citi Diamond Preferred® Card

It’s hard not to love a credit card with 0% APR for the first 18 months on purchases and balance transfers – especially one with zero annual fee. That’s the Citi Diamond Preferred® card in a nutshell. There’s a customary transfer fee, but it might be worth it, depending on how much debt you’re planning to transfer.

The card doesn’t pretend to be a travel rewards card – and isn’t meant to be one. The Citi Diamond Preferred® serves a purpose and does it better than most credit cards on the market.

Benefits of the Citi Diamond Preferred® Card

  • 18-month 0% APR offer on purchases and balance transfers
  • No annual fee
  • Access to Citi Entertainment program
  • Citi identity theft protection

Is The Citi Diamond Preferred® Card a Good Credit Card?

Citi Diamond Preferred® is a great credit card for individuals who want to pay off old credit card debt or fund large purchases and pay them off without interest. It offers one of the longest intro APR offers you’ll find anywhere, plus it comes with no annual fee to boot. If you want to earn rewards towards travel (and other popular redemptions), however, this card might not be for you.

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The Full Breakdown of the Citi Diamond Preferred® Card

Citi Diamond Preferred® is among the best credit cards available today. It earns cash rewards on purchases twice, but that’s not the only thing you need to know. We’ve compiled all of the card details below to help you decide whether it’s right for you.

Annual Fees

Annual fees can often cut into the value of rewards credit cards. The Citi Diamond Preferred® Card doesn’t charge an annual fee. That means you’ll receive 100% of the value of the rewards and card benefits offered without the annoying fees.

Intro APR Offer

Citi Diamond Preferred® comes with one of the best intro APR offers on the market: a 0% introductory APR on purchases and balance transfers during the first 18 months. Intro APR offers are a helpful way to fund large purchases – or transfer over existing credit card debt and pay it off over time – without hefty interest fees.

It’s important to consider the balance transfer fee of $5 or 3% of the transfer amount (whichever is greater).

Ongoing APR

Once the introductory period ends, Citi Diamond Preferred® carries an ongoing variable APR of 13.74% to 23.74%, based on creditworthiness.

Welcome Bonus

Welcome bonuses provide an easy way for cardholders to earn a quick burst of rewards by meeting spending requirements within a specific timeframe. Unfortunately, Citi Diamond Preferred® doesn’t come with a welcome bonus offer at this time.

Credit Score Requirements

To qualify for Citi Diamond Preferred®, you’ll need a good-to-excellent FICO credit score (between 670-850). If you don’t currently meet these requirements, consider building up your credit by paying off your card balance on time and in full each month. This also allows you to avoid late fees charged by card issuers.

Point Conversion/ Redemption

At the time of publication, Citi Diamond Preferred® doesn’t earn rewards for card purchases.

Member Perks

There aren’t tons of extra perks with Citi Diamond Preferred®. As a cardholder, you have access to Citi Entertainment, a program that provides special access to ticket presales for events like concerts, sporting events, and more.

You also get protections through Citi Identity Theft Solutions. If your identity is stolen, they provide assistance to solve the issue.

Citi Diamond Preferred® is a contactless, chip-enabled credit card. Contactless cards provide extra safety, allowing you to simply tap your card on a reader to make payments. It’s a small but valuable perk these days.

Citi also lets you choose your card payment date. You can select any dates at the beginning, middle, or end of the month, based on your needs.

Foreign Transaction Fees

Citi Diamond Preferred® isn’t the ideal card to use when traveling outside the US, as it carries a 3% foreign transaction fee on international purchases.

Reward Expiration

Since Citi Diamond Preferred® doesn’t earn any rewards, there is no rewards expiration date.

Customer Service

Citi offers several ways to get help with your credit card account. Phone support is available through the number provided on the back of your card. You can also message customer support through your online account or the mobile app.

The highly-rated Citi mobile app is available for iOS and Android. Through the app, cardholders can access their account, make payments, change their payment due date, dispute charges, and more. The app also gives you access to your FICO credit score for free.

Citi Diamond Preferred FAQs

Here are answers to some of the common questions asked about the Citi Diamond Preferred® card.

Does Citi Diamond Preferred® Have Foreign Transaction Fees?

Yes, Citi Diamond Preferred carries a 3% foreign transaction fee on all purchases made outside of the U.S.

Does Citi Diamond Preferred® Have an Annual Fee?

No, Citi Diamond Preferred doesn’t have an annual fee.

Does Citi Diamond Preferred® Have Travel Insurance?

No, Citi Diamond Preferred doesn’t offer any type of travel insurance.

Does Citi Diamond Preferred® Cover Rental Car Insurance?

No, Citi Diamond Preferred doesn’t offer car rental insurance.

What are Citi Diamond Preferred® Card Credit Requirements?

Qualifying for Citi Diamond Preferred requires a good-to-excellent credit score, which is a FICO credit score between 670 - 850.

How The Citi Diamond Preferred® Card Compares to Others

Citi Diamond Preferred is a top choice for many reasons, but there are other rewards credit cards that are worth considering. Here’s a look at how Citi Diamond Preferred stacks up.

Citi Diamond Preferred vs Simplicity

Citi Simplicity® and Citi Diamond Preferred® are often compared to each other and for a good reason. Both cards carry no annual fee and come with intro APR offers on purchases and balance transfers for 18 months. They even charge the same balance transfer fee and provide the same perks.

The primary difference between the two Citi credit cards lies in how they treat late fees. Citi Diamond Preferred® charges late fees up to $40, while Citi Simplicity® comes with late fee forgiveness. That’s right: There are no late fees with the Citi Simplicity® card.

Citi Diamond Preferred® vs Capital One Platinum®

The Capital One Platinum card doesn’t come with an intro APR offer or earn rewards. One thing it does have in its favor is lower credit requirements. If you don’t meet the requirements for Citi Diamond Preferred®, you can sign up for a card like Capital One Platinum® to build up your credit through responsible use. Plus, you receive automatic credit line reviews and free access to your credit score through Capital One’s CreditWise.

Citi Diamond Preferred® vs Double Cash

Citi Double Cash® has a 0% intro APR offer on balance transfers for 18 months, but it’s also one of the best cash back cards on the market. With Citi Double Cash®, you can earn up to 2% cash back on all purchases: That means unlimited 1% back when you make purchases, then another 1% back when you pay for them. There’s no intro APR offer on new purchases with Citi Double Cash®.

Citi Diamond Preferred® vs Rewards+

Like the Double Cash card, Citi Rewards+® comes with an intro APR offer and earns rewards for spending, but only in specific categories. At 15 months, the Rewards+ card’s intro APR offer on purchases and balance transfers is slightly shorter than Diamond Preferred. The card earns 2X points at supermarkets and gas stations for the first $6,000 annually, then 1X points after. All other purchases earn 1X points per dollar spent. Unlike Citi Diamond Preferred®, the Rewards+ card offers a welcome bonus: New cardholders earn 20,000 points after spending $1,500 within the first three months.

Rewards+ has two unique features that provide even more value to cardholders: First, purchases are rounded up to the nearest ten points. Second, Citi gives back 10% of your first 100,000 points redeemed each year.

Is Citi Diamond Preferred Card Worth It?

Like any credit card, the Citi Diamond Preferred® card has benefits and drawbacks to consider.


  • Ultra-long 0% Intro APR offer on purchases and balance transfers
  • No annual fee


  • No rewards

Our Final Take on the Citi Diamond Preferred® Card

A balance transfer card like Citi Diamond Preferred® can help you pay off credit card debt quicker by avoiding interest fees. While it doesn’t earn rewards, with a lengthy balance transfer offer, the Diamond Preferred card is still a top choice.

If Citi Diamond Preferred® isn’t a good fit, check out other credit card offers to find a card that fits your needs.

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