How To Apply For Citi Simplicity® Card
If you are one of those people who carry balances in their account month to month, then you should opt for the low-interest credit cards. This type of credit card can help you save money on the monthly payments. These cards usually come with the 0% intro rate and also have the low ongoing rate. If you are looking for a low-interest credit card, then Citi Simplicity® Card could be a perfect choice for you. But, before you make the final decision, you must read this article till the end to know whether or not it is the right option for you. In the end, you will also learn how you can apply for this credit card online.
Citi Simplicity® Card: In A Nutshell
The Citi Simplicity Card comes with a great long intro period for the balance transfers. However, the high balance transfer charge is one factor that you must keep in mind while applying for this card as it makes balance transfers expensive. What makes this card an exceptional option among the many perplexing cards on the market is that it has the consumer-friendly terms when compared with the others. Let’s take a quick look at some of the important aspects of this card and its fees and rates.
Longest Intro Period
This card has the longest 0% balance transfer offer. This card has an interest rate of 0% for twenty-one months, which is exceptionally longer than the others. Usually, such cards come with an introductory period of 12 months.
Shortest Purchase Offer
This card offers you 0% for the twelve months on your new purchases. When you compare it to the average zero percent cards with an intro period of fewer than eleven months, it looks like a great deal. However, you can’t consider it an extraordinary option.
High Balance Transfer Fee
There is a 5% or $5 (whichever is higher) balance transfer fee. This can prove really expensive and it is one area that you must look at before making the final decision. If you think that this is what you should avoid in a low-interest credit card, then you can look for another option.
No Annual Fee
You can easily pay off the debt with the $0 annual charge. If you spend not too much in interest and fees, then you will have enough to pay the monthly debt. This will help you become debt-free soon. So, this is definitely an edge for those who are looking for a no-annual-fee low-interest credit card.
Credit Needed
To get approved for this card, you need to have a good or better credit history. If you have no idea about your credit score, then you can also check it on the official website of the bank. Or, you can also talk to your banking agent.
High Regular APR
An average card with better credit charges an annual interest of under 20%.An average card with exceptional credit charges above 14%. Therefore, you are bound for overpaying on the interest if you usually carry that balance from one month to another once the 0% introduction periods end.
Other Notable Features
This card has some additional perks for the cardholders. For example, there is no late fee and no penalty. The card has the EMV chip technology and it also offers low interest on the cash advances. This card also provides some great travel perks, like car rental insurance. You also get exceptional purchase features that include Citi Price Rewind and extended warranty, and more.
Why Get This Card?
This card is appropriate for you if you are in search of a simple, no-annual-fee credit card that does not penalize you for the missing payment deadlines. You should also opt for this card if you usually perform large balance transfers that need long periods for paying off. This card is a great option for those who want to make use of the 0% offer for financing large purchase/s and can pay them in time.
How To Apply For Citi Simplicity® Card
If you want to apply for this card, then there are a couple of ways available. You can apply for the card over a phone line by dialing 1-800-492-2127. If you want to apply online, then you should follow the simple instructions that are as below:
- Access the official webpage of the Citi Simplicity Card using any internet browser.
- When the web page opens, you should see the Simplicity Card image on the right-hand side of the page. Just below the credit card image, you will see an “Apply now” button. Click this button to start the online application process.
Now you can see an online application form on the computer screen. Here, you can also read the card information that should help you make an informed decision before starting the application. After reading the card details, you should fill up the entire application form, such as your personal information, address & contact information, financial information, and other required details. Go through their terms & conditions and finally click the blue “Submit” button to submit the card application.
On the same website, you can also go through the other available credit cards. Just click the “Credit Cards” section in the menu of the website, and then move through the different credit card categories to find another card that might fulfill your requirements in a better way. For more details, you can also talk to one of their customer service agents over a phone call.
