The Citi Simplicity® card is specifically aimed at the customers who seek simplicity and clarity of their credit card expenses. It has a list of advantages that targets the clients who seek an uncomplicated credit card with simple features.

So one of the key features of this card is that it has no annual fee, no late fee, and no penalty rate – a set of conditions that will be especially attractive to those who are sensitive about hidden fees with credit cards.

Others of which include electronic bill payment with payment due date options and service as wallet including such offerings as; flexible payment dates. Together with good customer care, this flexibility makes Citi Simplicity® card suitable for the greater population of consumers.

Key information about the Citi Simplicity® card

The Citi Simplicity® card has several useful bonuses that are meant to provide the card’s users with comfort and protection. It also has one of the lowest introductory purchase and balance transfer APRs among all the available credit cards. This facility will help new cardholders to transfer existing balances or make a large purchase without having to panic over the initial steep interest rates.

How does the annual fee work?

It is important to not that the Citi Simplicity® card does not come with an annual fee one of the most selling card features. This is to the advantage of those who would want to exercise a lot of caution when it comes to expenses for a credit card.

If there is one thing that is impressive about the card, it lies in the fact that it does not attract an annual fee, which implies that a holder of the said card can be a beneficiary of the card’s offers any time of the year.

How is the credit limit determined?

Citi Simplicity® card credit limit depends or the applicant’s credit files, income and over all capacity to afford it. When one finally applies for the card, Citi is able to glance at one’s credit report and offer an appropriate credit limit.

That way you get to know that the limit set is reasonable to support and the extent of your expenditure is put under control. Different to prepaid cards where card limit is the amount of money you load on the card, the limit of the Citi Simplicity® card is fixed solely by Citi and develops from the credit check.

Credit card benefits 

• No annual fee: Enjoy the benefits of the card without an additional yearly cost.
• No late fees: You won’t be penalized with late fees, providing peace of mind if you happen to miss a payment.
• No penalty APR: Missing a payment won’t result in a higher interest rate, unlike many other credit cards.
• Low introductory APR: Take advantage of a low introductory APR on both balance transfers and purchases.
• $0 liability on unauthorized charges: You’re protected against unauthorized charges, ensuring that your finances are secure.
• Flexible payment options: Choose your payment due date, allowing you to align your payments with your financial schedule.

Low introductory APR

Citi Simplicity® card’s most selling prospect is its low introductory APR that will attract customers with immediate large purchases to make. This feature is of most value for clients planning to transfer the balance of high interest credit cards or finance large purchases without facing high interest charges immediately after.

Because the introductory APR period offers an extended period during which the card holder can pay the outstanding balances, the period enables the card holder to plan and control his expenses.

Disadvantages

• No rewards program: Unlike many other credit cards, the Citi Simplicity® card does not offer a rewards program. This means that cardholders do not earn points, miles, or cash back on their purchases.
• Balance transfer fee: Although the card offers a low introductory APR for balance transfers, there is a balance transfer fee that can add up, especially for large transfers.
• Foreign transaction fee: The card charges a fee for foreign transactions, making it less ideal for international travel.

Lack of a rewards program

The only drawback of the Citi Simplicity® card is that the card is not associated with a rewards program. Probably one of the biggest draws for those that feel the need to have a credit card nearby at all times is the opportunity to earn rewards through their purchases that they make daily.

Sometimes you get cash back, other times you get free flights and some other times, you get points towards merchandise – rewards can be a lot of worth added onto the plastic.

Who can apply for this card?

The Citi Simplicity® card is extended to anyone with a qualifying income. For one, the service is only available to applicants who are 18 years old and above, with a valid social security number.

Currently, there is no specific minimum income level that you have to meet to apply for a credit card but your income will always be reviewed during the credit check. Needless to say, Citi will also check on your credit history as well as your credit score for the purpose of qualification.

How to apply for the Citi Simplicity® card

Applying online

To fill the application for the Citi Simplicity® card you are first required to go to the official website of citibank. Upon getting to the site, go to the credit card’s category whereby you are provided with the available options. Find your Citi Simplicity® card offer and then click on it to explore further its info, benefits/advantages, rates and fees.

Upon doing the card features, there is an option of applying and this can be done by clicking on the ‘apply now’ button, this will take you to the page with the form. The form is very comprehensive and it will require you to fill in your full names, your residential address, your social security number and particulars regarding your income.

This form must also be completed where one will need to attest to the correctness of the information he or she has provided after completing the application form. Once more having ensured all the information is correct the applicaiton can be submitted.

Citi, as a rule, does not take much time to consider applications, and very often you will receive a response within a few minutes. The response will state either approval of your application or denial or request for further information.

Upon receiving an approval for your application, the Citi Simplicity® card will be mailed to you in a few days depending on business days. The rewards of the card will immediately come handy as soon as you get the card and begin to engage in the purchase of goods and services or transfer of balances.