MoneyGeek's Take

Citi Simplicity® Card Review

The Citi Simplicity® Card is ideal for individuals looking for straightforward terms who want a balance transfer card. It has no annual fee, no late fees and a 0% intro APR period for purchases in the first 12 months.

Advertising & Editorial DisclosureLast Updated: 3/13/2023
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Citi Simplicity® Card

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

With the Citi Simplicity® Card, you have a 0% intro APR period on purchases made in the first 12 months while also having a 0% intro APR period for balance transfers in the first 21 months. These first few months are the ideal period to build your credit history. Then, your variable APR is based on your creditworthiness and ranges from 18.24% – 28.99%. Not having to pay an annual fee or late fees are also major perks.

Card Details to Know Up Front
  • Bonus, Fee or Feature
    Has or Not
  • Has Annual Fee
  • Has Balance Transfer Offer
  • Has APR Offer
  • Has Rewarding Welcome Offer
  • Recommended Credit
Click to see this card’s rates, fees and how they compare to other cards in our dataset.

Citi Simplicity® Card at a Glance

With the Citi Simplicity® Card, you can pay off debt easily since it has no annual fee and a long introductory 0% APR period. There are also no late fees.

  • Citi Simplicity® Card

    A good no annual fee card for balance transfers

    • Good–ExcellentRecommended Credit
    • $0Annual Fee
    • 18.49% – 28.49% VariableAPR
    • 12 monthsAPR Offer Duration
    • 21 monthsBalance Transfer Duration

Pros & Cons Explained

Before submitting a Citi Simplicity® Card application, it’s a good idea to understand its advantages and disadvantages. Knowing these factors will help you decide if it’s the right card for you.


  • Benefits
  • No annual fee
    There is no annual charge to be a Citi Simplicity® Card customer.
  • Long 0% APR introductory offer
    You get a 0% intro APR period for purchases for 12 months and 0% intro APR period for 21 months on balance transfers. This means the card is ideal for customers who are looking to pay for bigger purchases.
  • Citi perks
    With Citi, you get 24/7 direct-to-rep customer service and $0 liability on unauthorized charges.


  • Drawbacks
  • 3% foreign transaction fee
    When making purchases outside the United States, you’ll be charged 3% per purchase. This means that for every $100, you’ll pay $3.
  • No rewards
    Since the card is designed for building credit, it doesn’t offer any rewards or cash back.
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MoneyGeek reviews credit cards every month to find the best card in each category. Browse through our top picks for balance transfer cards in 2022 to find the perfect option for your needs.

Other Features Explained

Aside from no annual fee, the Citi Simplicity® Card offers additional features that cardholders may find beneficial.

  • Card Feature
  • Contactless pay
    Since the card is chip-enabled, you can tap your card on payment readers for convenience.
  • $0 liability on unauthorized charges
    You won’t be held liable if there’s a charge on your account that you didn’t authorize.
  • Citi Identity Theft Solutions
    With Citi, you can resolve identity theft issues easily.
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Use your card before the purchase and balance transfer APR kicks in. You’ll be able to pay your monthly bills without substantially affecting your credit score.


Understanding the Fine Print

Since credit cards come with different fees and terms, it’s wise to understand the fine print before applying.

  • Card Feature
    Amount or Rate
  • APR
    18.49% – 28.49% Variable
  • Annual Fee
  • Balance Transfer Fee
    $5 or 3% whichever is greater; $5 or 5% after first four months*
  • Balance Transfer APR
    18.49% – 28.49% Variable
  • Late Fees
  • highInterestAPR icon

    Regular APR

    Your creditworthiness determines your variable APR. You could pay between 18.49% – 28.49%.

  • balanceTransfer icon

    Balance transfer fee

    This costs either $5 or 5% of the amount of each credit card balance transfer, depending on which is greater.

  • noForeignTransactionFee icon

    Foreign transaction fee

    For every international transaction you make, you’ll pay 3% of the total.

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When comparing the Citi Simplicity® Card to other credit cards (such as the ones currently in your wallet), information can be found on your latest billing statement, online account or the card issuer’s website. You can also check the credit card agreement database maintained by the Consumer Financial Protection Bureau.

Who Should & Shouldn’t Consider Citi Simplicity® Card?


Other Considerations for Citi Simplicity® Card

Before you apply for the Citi Simplicity® Card, you should evaluate if it will be your only card or another card in your wallet. Consider your goals to ensure you maximize the benefits this card offers.

Things to Consider if This Will Be Your First or Only Credit Card

You’ll need to have good to excellent credit to qualify for this card. It’ll help to plan your purchases ahead of time so you can maximize the 0% intro APR on purchases for the first 12 months and balance transfers for the first 21 months.

Things to Consider if This Will Be an Additional Card in Your Wallet

Make sure to balance your other cards’ fees with the Citi Simplicity® Card. You can take advantage of the long $0 intro APR period and $0 annual fee. If you have cards with high interest, you can transfer your balance to this card and find potential savings.

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MoneyGeek has a thorough and detailed methodology for reviewing credit cards. We gather information from the Consumer Finance Protection Bureau database, standardize data points for easy comparison, frequently review our top-ranking cards, estimate average spend profiles and more.

How Citi Simplicity® Card Compares to Other Cards

The Citi Simplicity® Card offers no annual fee, no late fee and more. While these are great perks, it’s advisable to compare them with similar cards to ensure you get the card that best fits your needs.

Quick Comparison of Citi Simplicity® Card

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Citi Simplicity® Card

  • APR: 18.49% – 28.49% variable
  • Annual Fee: $0
  • Balance Transfer Fee: 5%
  • Mini Verdict: Best for individuals that are looking to make big purchases or transfer a balance
creditCard1 icon

Wells Fargo Platinum Card

  • APR: 12.99% to 24.99%
  • Annual Fee: $0
  • Balance Transfer Fee: 3%-5%
  • Mini Verdict: Ideal for people who want to rebuild credit

Other Helpful Decision-Making Q&As

Understanding the answers to the most frequently asked questions about the Citi Simplicity® Card may help you determine if it is the best option for you.

Still not sure about this card? Consider these options.

While the Citi Simplicity is a straightforward card, there may be more suitable options for you. If your financial needs don’t require a balance transfer card, you can consider a rewards card or travel card.

Learn more about credit cards in general

*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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