Bank of America® Travel Rewards
vs. Citi® Diamond Preferred® Card

If you're seeking a credit card with no annual fee and introductory APR offers, you may be considering the Bank of America Travel Rewards and the Citi Diamond Preferred Card. The Bank of America Travel Rewards card is the better choice for earning travel rewards, with unlimited 1.5 points per $1 spent on all purchases and a 25,000-point bonus offer. In contrast, the Citi Diamond Preferred Card is superior for balance transfers, offering a longer 0% APR period of 21 months. Choose the former for rewards on spending, or the latter for debt management and balance transfers.

You might prefer the Bank of America Travel Rewards if: you are an avid traveler looking for a credit card that earns points on every purchase. With this card, you'll earn an unlimited 1.5 points for every $1 you spend, which can be redeemed for travel-related expenses. The card also offers a generous introductory bonus of 25,000 points and a 0% introductory APR for 15 billing cycles on both purchases and balance transfers, making it a solid choice if you have upcoming expenses or existing debt you want to pay off interest-free. The recommended credit range for this card is 670 to 850, indicating it's suitable for those with good to excellent credit.

You might prefer the Citi Diamond Preferred Card if: you're primarily interested in a lengthy introductory APR period to manage debt. This card stands out with its 21-month 0% intro APR offer on balance transfers, one of the longest available, and a 12-month 0% intro APR on purchases. While it doesn't offer a rewards program, it could be the right tool for consolidating and paying down debt without accruing additional interest. The Citi Diamond Preferred Card is also designed for individuals with good to excellent credit scores in the range of 670 to 850. Keep in mind, though, that after the intro APR periods end, the ongoing APR will apply to any remaining balance.

The Bank of America Travel Rewards card earns a MoneyGeek rating of 3.1 for balance transfers, indicating a solid choice for those looking to manage existing debt. Ideal for travelers and everyday spenders alike, this card allows you to accumulate points seamlessly. With every purchase, you earn unlimited 1.5 points per dollar spent, making it simple to rack up travel rewards without worrying about categories or caps. The $0 annual fee and absence of foreign transaction fees further enhance its appeal for international use. If your spending patterns are consistent and you enjoy travel perks, the Bank of America Travel Rewards card could be a valuable addition to your wallet.

The Citi Diamond Preferred Card is a standout choice for those looking to manage existing credit card debt with a balance transfer. MoneyGeek's rating of 4.2 out of 5 for balance transfer cards reflects its exceptional offering in this category. The card boasts an outstanding 21-month, 0% introductory balance transfer APR, which is among the longest available, and a 12-month, 0% introductory APR on purchases.

With no annual fee, it's cost-effective for those seeking to pay down balances without accruing additional interest. However, this card does not offer a rewards program, making it less suitable for those who prioritize earning cash back or travel points on their spending. The Citi Diamond Preferred Card is well-suited for individuals with good to excellent credit who are focused on debt consolidation and wish to take advantage of the lengthy introductory APR period.

Our breakdown will help compare APRs, fees, required credit, rewards, introductory offers and other features. This section is designed to guide you through each card's specifics, such as the Bank of America Travel Rewards' ability to earn points on every purchase versus the Citi Diamond Preferred's lack of a rewards program. Use this information to align your choice with your spending patterns and financial objectives.