Citi® Diamond Preferred® Card vs. U.S. Bank Visa® Platinum Card: Which Is Best for You?
If you’re looking for a credit card to help you pay off your existing debt with a low balance transfer offer, the Citi® Diamond Preferred® Card or the U.S. Bank Visa® Platinum Card may be the best option. MoneyGeek compared the two to help you decide which card is better for your needs.


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The Citi® Diamond Preferred® Card and the U.S. Bank Visa® Platinum Card are two of the best balance transfer cards available on the market. In this guide, MoneyGeek compares them to determine the better option for those looking to consolidate debts.
We considered several factors, including the length of the introductory APR period, balance transfer fees, annual fees and other benefits. For example, the Citi® Diamond Preferred® Card has 0% Intro APR for 21 months on balance transfers and 12 months on purchases. Meanwhile, the U.S. Bank Visa® Platinum Card has 0% Intro APR for 18 months on both.
Comparison Overview: Citi® Diamond Preferred® Card vs. U.S. Bank Visa® Platinum Card
- Citi® Diamond Preferred® CardU.S. Bank Visa® Platinum Card
- Has Annual Fee
- Has Balance Transfer Offer
- Has APR Offer
- Has Rewarding Welcome Offer
- Recommended CreditExcellentGood–Excellent
Citi® Diamond Preferred® Card At a Glance
The Citi® Diamond Preferred® Card is a great option for people who want to finance new purchases or pay off debt over an extended period. It has a 0% Intro APR for 21 months on balance transfers from the date of first transfer and 0% Intro APR for 12 months on purchases from the date of account opening. Cardholders can also enjoy the absence of an annual fee.
- Citi® Diamond Preferred® Card
Best balance transfer card for immediate transfers
- ExcellentRecommended Credit
- 0% Intro APR on new purchasesAPR Offer
- 12 monthsAPR Offer Duration
- 0% Intro APR, then 17.74% – 28.49% variable APR thereafterBalance Transfer Offer
- 17.24% – 27.99% VariableAPR
U.S. Bank Visa® Platinum Card At a Glance
The U.S. Bank Visa® Platinum Card is best for those who want a long interest-free period to pay off debts or make big purchases. It has a special 0% Intro APR for 18 billing cycles on both purchases and balance transfers. It also comes with cell phone insurance, which other balance transfer cards rarely offer. Additionally, the card won’t incur an annual fee.
- U.S. Bank Visa® Platinum Card
An excellent balance transfer card with no annual fees and an extended intro APR offer
- Good–ExcellentRecommended Credit
- 0% Intro APR on new purchasesAPR Offer
- 18 billing cyclesAPR Offer Duration
- 0% Intro APR, then 18.74% – 28.74% variable APR thereafterBalance Transfer Offer
- 18.74% – 28.74% VariableAPR
Comparison Summary
MoneyGeek analyzed the differences between the Citi® Diamond Preferred® Card and the U.S. Bank Visa® Platinum Card to help you decide which is the best balance transfer card for your needs.
- Card DetailComparison Summary
Intro APR
The annual percentage rate (or APR) dictates a borrower’s interest on carried balances. Both cards offer a 0% APR introductory period.
The Citi® Diamond Preferred® Card gives its cardholders 21 months on balance transfers, among the longest for any balance transfer card. However, it only offers 12 months on purchases.
On the other hand, U.S. Bank Visa® Platinum Card offers 20 months for both purchases and balance transfers.
Winner: U.S. Bank Visa® Platinum Card
Regular APR
After the introductory period ends, there will be a variable APR based on your creditworthiness when you open your account.
For the Citi® Diamond Preferred® Card, the variable APR will be 13.74% to 23.74%. Meanwhile, the regular APR for U.S. Bank Visa® Platinum Card is 14.49% to 24.49%.
Winner: U.S. Bank Visa® Platinum Card
Balance Transfer Fee
To determine if transferring your balance is worth doing, it’s necessary to compare the balance transfer fee you’ll pay with what you’ll save on interest.
For the Citi® Diamond Preferred® Card, there is a 5% balance transfer fee with a $5 minimum. The U.S. Bank Visa® Platinum Card, on the other hand, has a 3% balance transfer fee with a $5 minimum.
Winner: U.S. Bank Visa® Platinum Card
Benefits
The Citi® Diamond Preferred® Card offers zero liability for any unauthorized charges made on your account. This means you won’t be responsible for a payment you did not authorize, online or otherwise. Cardholders also get special access to purchase tickets for exclusive events, including concerts, sporting events and dining experiences.
The U.S. Bank Visa® Platinum Card offers cell phone protection coverage. If you pay your phone bill with this card, you will be covered up to $600 for damage or theft. However, there’s a $25 deductible and the insurance is secondary to any phone insurance you already have.
Winner: Citi® Diamond Preferred® Card
Which Card Should You Get?
Finding the right balance transfer card for you isn’t always simple. What will help is first considering your needs and situation before choosing the Citi® Diamond Preferred® Card or the U.S. Bank Visa® Platinum Card.
Who Should Consider the Citi® Diamond Preferred® Card?
The Citi® Diamond Preferred® Card offers a 0% Intro APR for 21 months on balance transfers, making it ideal for those looking to consolidate debts.
Individuals who want to pay off their credit card debt using balance transfer strategies can take advantage of this card’s lengthy introductory APR period.
People who want special access to tickets for exclusive events, including concerts, sporting events and dining experiences, can enjoy these perks through the card’s Citi Entertainment benefits.
≫ More: Read Our Full Review
Who Should Consider the U.S. Bank Visa® Platinum Card?
The U.S. Bank Visa® Platinum Card is a great card for people who want an extended interest-free period to pay off debts and big purchases.
Individuals who want to avoid costly interest fees while paying off their debt can take advantage of U.S. Bank Visa® Platinum Card’s 0% Intro APR for 20 months on bank transfers.
Those who want to make a major purchase can use their U.S. Bank Visa® Platinum Card to pay it off over 20 months without any interest.
≫ More: Read Our Full Review
If you’re looking for a credit card to help you pay off your existing debt with a low balance transfer offer, the Citi® Diamond Preferred® Card or the U.S. Bank Visa® Platinum Card may be the best option.
Other Helpful Decision-Making FAQs
MoneyGeek answered some frequently asked questions to help you understand the differences between the Citi® Diamond Preferred® Card and the U.S. Bank Visa® Platinum Card before making an informed choice.
Still Not Sure About These Cards? Consider These Options
The Citi® Diamond Preferred® Card and the U.S. Bank Visa® Platinum Card are excellent balance transfer cards for people who want to consolidate debt. However, if you want more rewards from using your card, consider getting a rewards credit card instead.
The Blue Business® Plus Credit Card from American Express
American Express Cash Magnet® Card
American Express® Gold Card
Marriott Bonvoy Business® American Express® Card
Journey Student Rewards from Capital One
Capital One Platinum Credit Card
Capital One Quicksilver Cash Rewards Credit Card
Capital One Spark Cash Plus
Chase Freedom® Student Credit Card
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Delta SkyMiles® Blue American Express Card
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Chase Freedom Flex℠
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IHG® Rewards Premier Credit Card
IHG® Rewards Traveler Credit Card
Ink Business Preferred® Credit Card
Marriott Bonvoy Bold® Credit Card
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Chase Sapphire Reserve® Card
Southwest® Rapid Rewards® Performance Business Credit Card
Southwest Rapid Rewards® Plus Credit Card
Southwest Rapid Rewards® Premier Credit Card
Southwest® Rapid Rewards® Premier Business Credit Card
CitiBusiness® / AAdvantage® Platinum Select® Mastercard®
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United Club℠ Infinite Card
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Citi Premier® Card
Citi Rewards+® Card
Citi® Secured Mastercard®
Credit One Bank® Platinum X5 Visa®
The Business Platinum Card® from American Express
Delta SkyMiles® Reserve Business American Express Card
Delta SkyMiles® Reserve American Express Card
The Hilton Honors American Express Business Card
Hilton Honors American Express Card
Hilton Honors American Express Surpass® Card
Capital One QuicksilverOne Cash Rewards Credit Card
Marriott Bonvoy Brilliant™ American Express® Card
The Plum Card® from American Express
The Platinum Card® from American Express
Credit One Bank® NASCAR® American Express® Credit Card
Southwest Rapid Rewards® Priority Credit Card
United Quest℠ Card
Capital One Quicksilver Student Cash Rewards Credit Card
Capital One SavorOne Student Cash Rewards Credit Card
Bank of America® Customized Cash Rewards Card for Students
Bank of America® Travel Rewards Credit Card for Students
Navy Federal Credit Union Visa Signature cashRewards Card
Navy Federal More Rewards American Express card
Navy Federal Credit Union Visa Signature Flagship Rewards card
Platinum Rewards Visa Signature® Card
PenFed Pathfinder® Rewards Visa Signature® Card
Power Cash Rewards Visa Signature® Card
Citi Custom Cash℠ Card
Citi Simplicity® Card
U.S. Bank Altitude® Connect Visa Signature® Card
Discontinued
Capital One Venture X Rewards Credit Card
Spark 1.5% Cash Select
Chase Slate Edge℠
Learn more about credit cards in general
sources
- Citi Bank. "Citi® Diamond Preferred® Card." Accessed January 5, 2022.
- U.S. Bank. "U.S. Bank Visa® Platinum Card." Accessed January 5, 2022.
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