Review of the Citi Diamond Preferred® credit card
Advantageous credit cards are always welcome. If you want to know more, read on and find out more about the Citi Diamond Preferred review.
Read more about the Citi Diamond Preferred credit card, the card with no annual fee
In this article, our goal is to provide an honest and unbiased opinion about the Citi Diamond credit card. For this reason, by the end of reading, you will be able to understand how to apply for your card and you will also know more about the fees involved. Advantages, disadvantages and requirements for ordering yours.
In this way, it is worth remembering that we are not affiliated or contracted with this credit card. Therefore, the purpose is that it will help you understand a little more about this card and decide if it is a good long-term option.
We all know that credit card is one of the most used payment methods nowadays, and this is due to many factors. They are, firstly, that a credit card is able to offer many benefits to those who use it frequently. But as we know that the decision to choose an ideal credit card can be very difficult, we will help you with this and tell you a little more about this card. Without further ado, let’s find out right now, what are the advantages and benefits that you will have access to using this credit card option.
Credit card benefits
As we said earlier, we are here to tell you what the advantages of this card are. Starting with the fact that it doesn’t charge any annual fee, and that can be very attractive for some people. Because in case you didn’t know, the annual fee when charged must be paid, even if you don’t use the card. And that can be daunting, but in this case, you can breathe a sigh of relief as the annual fee is $0.
On the other hand, as soon as you start using your credit card you will have access to an introductory offer regarding the APR. In this case, the offer is considered too long due to its duration, and you will receive the benefit of paying nothing more for balance transfers performed.
And if you’re one of those people who always puts safety first, especially when it comes to financial services. Know that this card offers insurance and liability for unauthorized purchases. This is in cases of credit card fraud or theft.
Finally, with this card you will have access to the Citi Entertainment program which entitles you to discounts and rewards on purchases of tickets to concerts, movies and other entertainment Events.
Does not provide.
17.99% – 28.74%, variable rate
Credit card disadvantages
As stated above, our unbiased review will also consider what are the disadvantages and drawbacks of this credit card. Therefore, the first major disadvantage is if you are used to traveling a lot and carrying out foreign transactions. Because this card charges a fee of 3% on each foreign transaction carried out.
In addition, there are some cards that offer a rewards program where part of the amount you spend is converted into points that you can exchange for discounts and products later. However, this card does not offer any rewards program, and this can be a little detrimental for people looking for this program itself.
Finally, as we talk about the advantages you will have access to a long introductory offer on balance transfers, it is important to note that when you finish the introductory period, you will have access to an APR that is considered very high compared to other similar credit cards. So, after the sign-up bonus period, it might not pay off that much.
Requirements to apply for the card
Among the requirements to apply for this card, you must present proof of residence. In addition to proof of income, a personal document to prove that you are over 18 years of age and, finally, you will need to undergo an analysis that confirms that your credit score is excellent or good.
Learn how to apply for your Citi Diamond Card
Did you like the proposal for this card and want to know right now how you can request yours? Just click on the button below, and you will have access to a page where you can easily order your card.
About the author / Beatriz Martinez
Review of the Costco Anywhere Visa® credit card
Get access to an honest review on the advantages and disadvantages of the Costco Anywhere Visa credit card.Keep Reading
Apply for QuickLoanLink
It's finally here! The step-by-step tutorial on how to apply for loan with QuickLoanLink is here! Don't hesitate to learn and know more!Keep Reading
You may also like
Happy Money Personal Loan: Learn More
If you wish to know more about Happy Money Personal Loan, they you will know everything there is to know about this company here!Keep Reading
See how to apply for the LightStream Personal Loan
Have you already chosen the Lightstream Personal Loan, but do not know how to apply for the loan? Click this article to find out how!Keep Reading