Key takeaways
- Citi has a number of bank cards that include a steadiness switch provide, though phrases and particulars range extensively.
- For instance, some Citi bank cards on this area of interest provide rewards for spending, whereas others embody longer intro APR provides.
- The very best Citi steadiness switch provide for you is dependent upon components like whether or not you need an intro APR for steadiness transfers and purchases, and whether or not you wish to earn rewards for spending.
Citi is an promoting associate.
A steadiness switch means that you can switch a high-interest steadiness to a brand new card with a decrease APR or perhaps a 0 % APR for a restricted time. That permits cardholders dealing with bank card debt to make repayments with out accruing extra curiosity costs.
Like different main bank card issuers, Citi provides a number of 0 % intro APR playing cards on purchases, steadiness transfers or each for a restricted time. A few of these steadiness switch playing cards provide rewards or extra-long intro durations.
Simply know that Citi doesn’t permit steadiness transfers from one Citi card to a different Citi card. When you’ve got debt on a Citi card, you’ll wish to search for a steadiness switch provide from one other issuer.
High steadiness switch Citi playing cards
Finest for an extended intro interval for no charges
Finest for an extended intro interval and decrease APR
Finest for flat-rate money again
Finest for customizable rewards
Finest for journey, groceries and gasoline
Evaluating the perfect steadiness switch Citi card
| Card identify | Finest for | Annual price | Really useful credit score rating | Steadiness switch provide |
|---|---|---|---|---|
| Citi Simplicity® Card | Lengthy intro interval for no charges | $0 | Glorious, Good |
|
| Citi® Diamond Most well-liked® Card | Lengthy intro interval and decrease APR | Glorious, Good |
| |
| Citi Double Money® Card | Flat-rate money again | $0 | Good to Glorious |
|
| Citi Customized Money® Card* | Customizable rewards | $0 | Glorious, Good |
|
| Citi Rewards+® Card* | Journey, groceries and gasoline | $0 | Glorious, Good |
|
Bankrate perception
Steadiness switch Citi playing cards sometimes require a good-to-excellent credit score rating. When you’ve got dangerous or honest credit score, contemplate our high picks for playing cards for adverse credit.
Steadiness switch Citi playing cards sometimes require a good-to-excellent credit score rating. When you’ve got dangerous or honest credit score, contemplate our high picks for playing cards for adverse credit.
How to decide on a steadiness switch Citi card
If you happen to’re set on a steadiness switch card from Citi, listed here are a number of deciding components:
- Calculate the size of steadiness switch intro interval you want. Some Citi steadiness switch playing cards provide the longest intro durations available on the market, at 21 months. Others provide 18 or 15 months however higher ongoing card perks. Relying on how a lot bank card debt you wish to switch, you would possibly want roughly time to pay it off interest-free.
- Examine charges and APRs. Some Citi playing cards are very related, with the one variations being no charges on one card (Simplicity card) versus a barely decrease minimal APR (Diamond Most well-liked and Rewards+ playing cards). If you happen to’re apprehensive you would possibly make a late fee or carry a steadiness after the intro interval ends, these perks are value contemplating.
- Select the kind of rewards you wish to earn. Possibly you don’t must earn rewards — you solely need loads of time to repay your steadiness. Otherwise you would possibly wish to earn money again over factors, or vice versa. There’s a Citi steadiness switch card for every possibility, so select accordingly.
The best way to use your Citi card for a steadiness switch
You will get pre-qualified for a Citi card, making it simpler to know your approval odds for the cardboard you need. When you’re permitted for a card, it’s time to start out the steadiness switch.
Typically, the credit score restrict you’re permitted for can be the steadiness switch restrict. You’ll present the issuer identify, account quantity and quantity you wish to switch out of your different bank card. Then, Citi will contact the issuer to repay the steadiness and switch it to your new card.
Upon opening the brand new account, you may have a set variety of months to hold a steadiness with out accruing curiosity costs. The objective is to repay your debt earlier than the common APR kicks in. Or, some debtors would possibly deal with paying off different high-interest debt whereas this steadiness stays interest-free.
Simply take into account that as soon as the intro interval ends, the cardboard will operate like every other card. You’ll accrue curiosity costs on any unpaid steadiness.
What’s subsequent?
The underside line
The very best Citi bank cards for steadiness transfers can give you a break from curiosity costs whereas paying off bank card debt. However the card you apply for would possibly rely upon how lengthy it’s essential to repay the steadiness or whether or not you wish to earn rewards. Citi provides strong choices within the steadiness switch world, however you can additionally evaluate these choices to the perfect steadiness switch bank cards from different issuers.
Often requested questions
*Details about the Citi Customized Money® Card and Citi Rewards+® Card has been collected independently by Bankrate.com. The cardboard particulars haven’t been reviewed or permitted by the cardboard issuer.
