Citi Simplicity Card Review

We want to help you make more informed decisions. Some links to products on this page will take you to a partner website and may result in us earning a referral commission. For more information, see How We Make Money.

Citi Simplicity® Card
Good for avoiding fees

Citi Simplicity® Card

Learn more externa link icon at our partner’s secure site

  • Introductory balance transfer rate: 0% for 18 months on Balance Transfers
  • Annual fee: $0
  • Regular APR: 14.74% – 24.74% (Variable)
  • Recommended credit score: 740-850 (Excellent)

The Citi Simplicity Card* has one of the longest 0% introductory periods available at 18 months (14.74% – 24.74% variable APR thereafter). It applies to balance transfers and purchases, making this a great card option for consolidating debt or financing planned larger purchases. This card also has no late payment fees or penalty APR, small but key details that align with the card’s “simplicity” namesake.

At a Glance

  • 0% introductory APR for 18 months on balance transfers posted to your account within four months of account opening
  • 0% introductory APR for 18 months on new purchases
  • Ongoing variable APR of 14.74%- 24.74%, based on creditworthiness
  • Balance transfer fee of $5 or 3% of balance, whichever is greater
  • No penalty APR
  • No annual fee
  • No late payment fee

Pros

  • 0% Intro APR for 18 months for balance transfers and purchases

  • No annual fee

  • No late payment fees or penalty APR

Cons

  • No rewards

  • No welcome offer

  • 3% balance transfer fee ($5 minimum)

Additional Card Details

The Citi Simplicity Card comes with Citi Identity Theft Solutions. This free cardholder service pairs you with a Citi ID theft specialist to help you contact the credit bureaus, monitor your credit report, and even advise on how to file a police report. You’ll also be completely protected against unauthorized charges to your account.

This card also lets you choose your payment due date and is digital wallet compatible.

Should You Get this Card?

This card’s excellent 0% APR introductory period makes it a good option for people looking to consolidate debt or financing a large purchase.

If you have any larger-than-normal expenses coming up (think appliances, furniture, home improvement expenses), this card could be a good tool to finance those purchases and pay down over a longer period of time thanks to the intro 18-month 0% APR on purchases. 

You should also consider this card as a debt consolidation tool, as the introductory 18-month 0% APR also applies to balance transfers. After the introductory period, the variable APR will be 14.74% to 24.74%.

How to Use the Citi Simplicity Card

Whether you’re taking advantage of the Citi Simplicity Card for a balance transfer or financing a large purchase, make sure you have a plan in place to pay off the balance before the end of the introductory period. Otherwise your remaining balance will be subject to a variable APR of 14.74% to 24.74%, which is a higher APR range than some other similar cards. You’ll also be subject to a 3% or $5 balance transfer fee, whichever is greater — a pretty standard fee for balance transfer cards.

Citi Simplicity Card Balance Transfer

You’ll have 4 months from opening your account to make a balance transfer, but your 18-month no-interest countdown won’t start until the first one is posted to your account. Some cards’ 0% balance transfer periods start as soon as you open the card, so Citi Simplicity gives a bit more flexibility as to when you make your first balance transfer. However, the 18-month window for purchases begins as soon as you open your account.

If you have a credit card with a current balance of $5,700 earning 16% APR (national averages), here’s the difference in value of making minimum monthly payments on a current card (calculated at 3% of your total balance) versus transferring your balance to the Citi Simplicity Card and continuing to make minimum payments or paying your balance in full each month.

Current card payoff (with monthly minimum amount)Citi Simplicity Card (same monthly payment) Citi Simplicity Card (paid in full within intro period)
Starting balance$5,700$5,700$5,700
Monthly payment$171 (adjusted as principal decreases)$171$326.17
Time to pay off189 months37 months18 months 
Interest + fees$4,325.56$549$171
Amount paid in full$10,025.56$6,249$5,871

This card is great for balance transfers or financing large purchases, but not so much for everyday spending since there is no rewards structure. While it may give you a bit of leeway for late payments (there is no late payment fee or penalty APR), you’ll still be subject to a higher regular APR than what you could find with other cards. 

You can maximize the benefits of your Citi Simplicity Card by using it to pay off an existing balance, but use another rewards card for continued everyday spending. Just make sure you’re paying off that card’s balance as well since you only have 4 months from opening your Citi Simplicity Card to make balance transfers. 

Citi Simplicity Card Compared to Other Cards

Citi Simplicity® Card

Citi Simplicity® Card

  • Introductory balance transfer rate:
    0% for 18 months on Balance Transfers
  • Annual fee:
    $0
  • Regular APR:
    14.74% – 24.74% (Variable)
  • Recommended credit:
    740-850 (Excellent)
  • Learn more externa link icon at our partner’s secure site
Citi® Double Cash Card

Citi® Double Cash Card

  • Introductory balance transfer rate:
    0% intro for 18 months on Balance Transfers
  • Annual fee:
    $0
  • Regular APR:
    13.99% – 23.99% (Variable)
  • Recommended credit:
    740-850 (Excellent)
  • Learn more externa link icon at our partner’s secure site
Wells Fargo Platinum card

Wells Fargo Platinum card

  • Introductory balance transfer rate:
    0% for 18 months on qualifying balance transfers
  • Annual fee:
    $0
  • Regular APR:
    16.49%-24.49% (Variable)
  • Recommended credit:
    670-850 (Good to Excellent)
  • Learn more externa link icon at our partner’s secure site

*All information about the Citi Simplicity Card, Citi Double Cash Card, and Wells Fargo Platinum card has been collected independently by NextAdvisor and has not been reviewed by the issuer.

Bottom Line

Editorial Independence

As with all of our credit card reviews, our analysis is not influenced by any partnerships or advertising relationships.

The Citi Simplicity Card is designed to help you pay off lingering credit card balances or finance a large purchase over a longer period of time thanks to its 18-month introductory 0% APR (14.74% – 24.74% variable APR thereafter). For continued spending after the introductory period, you may want to think about a card that can earn you cash back or other rewards.

Frequently Asked Questions

Yes. You’ll be charged 3% of each purchase transaction after it’s converted to U.S. dollars.

The Citi Simplicity Card doesn’t have any rewards for spending, so a cash back credit card is a better bet for everyday spending. It’s best for paying off an existing balance with a balance transfer or financing a one-time larger purchase.