The content on this page is accurate as of the posting date; however, some of the offers mentioned may have expired.


  • Citi® Diamond Preferred® Card

    Best balance transfer card for immediate transfers


    • 0% Intro APR (then variable APR)Balance Transfer Offer
    • 21 monthsBalance Transfer Duration
    • 18.24% – 28.99% VariableAPR
    • $5 or 5%, whichever is greaterBalance Transfer Fee
    • ExcellentRecommended Credit

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In this Citi® Diamond Preferred® Card review, we evaluate the features and benefits of the card. The biggest perk of this card is the introductory 0% APR offer. This basically means that you pay nothing in interest during the first 12 months of having the card. The 0% APR is valid for both new spending and balance transfers, making it a great card if you want to consolidate debt. There is no annual fee. However, there is no rewards program with this card.

>>MORE: BALANCE TRANSFERS WITH CITI: AN IN-DEPTH GUIDE

Citi® Diamond Preferred® Card Overview

Quick Take

  • Balance transfer fee of 5% of each amount transferred or $5 minimum, whichever is greater
  • 0% APR on balance transfers for 21 months and 0% APR on purchases for 12 months, then a variable APR of 17.99% – 28.74% based on your credit
  • Enjoy Citi Entertainment rewards and tickets upon making your account
  • Free FICO score access can be found through your online account’s portal

Important Card Details

Before applying for any credit card, it’s important you understand the fine print so that you are not caught off guard by fees or terms.

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    Regular APR

    The card comes with a generous 12 months of 0% APR. Once this period lapses, there is a variable APR of 17.99% – 28.74% based on your credit standing. The same applies to balance transfers.

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    Annual Fee

    There is no annual fee for the Citi® Diamond Preferred® Card.

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    Foreign Transaction Fees

    There is a foreign transaction fee of 3% of each transaction on this card.

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    Balance Transfer and Cash Advance Fees

    For balance transfers, there is a fee of 5% of each transfer with a $5 minimum fee. For cash advances, there is a 5% fee for every transaction with a minimum of $10.

Additional Benefits

In addition to the low introductory APR and lack of an annual fee, here are some of the other key features of the Citi® Diamond Preferred® Card:

  • FICO score access: Card users can access their FICO score through their online card account to stay up to date on their credit score.
  • Citi Easy Deals: With this program, you earn points according to 10% of your monthly spends and you can have access to special entertainment and dining experience through Citi Entertainment.
  • Citi Identity Theft Solutions: Citi will help keep your identity safe by resolving identity theft issues quickly to help you get your life back on track.
  • $0 liability on unauthorized charges: The Citi® Diamond Preferred® Card will protect you from unauthorized charges on your card, ensuring that you won’t be held responsible for charges you did not authorize.
  • 24/7 customer service: You can reach a customer service representative 24 hours a day, seven days a week, to help with any issues that arise with your account.
  • Automatic account alerts: Card users can easily set up alerts to stay up to date on their balances, when payments are due and more.
  • Choose your payment due date: Customers can decide when they want to pay their bill for added account flexibility.
  • Contactless pay: The Citi® Diamond Preferred® Card is a contactless, chip-enabled card, so you can simply tap your card on the payment reader to pay when you shop.

How the Citi® Diamond Preferred® Card Compares To Other Cards

The Citi® Diamond Preferred® Card is a great choice if you are looking for a balance transfer card with a long 0% APR introductory offer. However, there are other cards that might make more sense for you in terms of other fees and costs.

In-Depth Credit Card Comparisons:
How the Citi® Diamond Preferred® Card Compares

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Citi® Diamond Preferred® Card

  • Introductory 0% APR: 21 months, then a variable APR of 17.99% – 28.74%
  • Regular APR: 17.99% – 28.74% variable
  • Annual Fee: $0
  • Balance Transfer Fee: 5% of the transfer, $5 minimum
  • Best For: Those looking for Citi offers
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Wells Fargo Platinum

  • Introductory 0% APR: 18 months
  • Regular APR: 16.49%–24.49% variable
  • Annual Fee: $0
  • Balance Transfer Fee: 3% for first 120 days, 5% thereafter with $5 minimum
  • Best For: Those looking for free cell-phone insurance and budgeting tools

Frequently Asked Questions

*Rates, fees or bonuses may vary or include specific stipulations. The content on this page is accurate as of the posting/last updated date; however, some of the offers mentioned may have expired. We recommend visiting the card issuer’s website for the most up-to-date information available.
Editorial Disclosure: Opinions, reviews, analyses and recommendations are the author’s alone and have not been reviewed, endorsed or approved by any bank, credit card issuer, hotel, airline, or other entity. Learn more about our editorial policies and expert editorial team.
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