Citi Diamond Preferred Card Reviews - What Is It?
WARNING: DO NOT USE Citi Diamond Preferred Card Until You Read This Review!
Is it a Scam? Does It Really Work?
If you are looking for a long introductory 0% APR card, you will probably appreciate the Citi Diamond Preferred Card that offers a 21-Month Intro Offer on Balance Transfers (further BT) and Purchases. It provides 0% on Purchases and BT for 21 months, and then you will have to pay Variable APR of 13.49% - 23.49%. Another advantage is No Late Fees Ever offers and additional perks. You can enjoy special access to tickets and desired seating to entertainment events through Citi Private Pass, 24/7 concierge service to allow you book travel plans, as well as good online savings through Citi Easy Deals. Pay attention to the fact that the annual fee is $0.
The Citi Diamond Preferred Card offers low interest rates which makes it a great all-around choice for customers with good credit. It also provides resets to an interest rate as low as 13.49% afterward. You will fall in love with this card immediately if you try its concierge services. This nice perk can leave unbelievable memories in your life. Even though many different perks are added to this card, there is no rewards or cash back program. Remember that this card has a high penalty APR if you don't pay in time. For this reason, you should avoid late payments. Let us take a look at what real users of the Citi Diamond Preferred Card think about this financial product.
Customer Reviews - Does Citi Diamond Preferred Card Really Work?
You can find a great number of users' reviews on the card. Fortunately, most of them are positive. People like the fact that there is no annual fee to be paid for using the Citi Diamond Preferred Card. They also appreciate all the privileges and benefits of 0% introductory APR on balance transfers for 21 months. It means that you will enjoy a 0% introductory APR on all BT for the first full 21 calendar months. This is a great offer if you take advantage of transferring your money from another credit card to this account. After 21 months, you will have to pay variable APR from 13.49% to 23.49% regularly. Its amount depends on your creditworthiness. You should ensure that you are paying off all your balance within 21 months to avoid higher non-promotional interest rates.
Another thing the users appreciate about the Citi Diamond Preferred Card is low fee for transferring your balance. It is only 3%. Every time you transfer your money, you will have to pay just 3% of the amount you transfer. It should be $5 minimum. The card offers a new benefit known as Citi Price Rewind. It will help you to look for purchases at lower prices online. It operates for 60 days from the time of your registration. You can save up to $500 per item or $2,500 a year. The Citi Diamond Preferred Card also offers worldwide travel accident insurance when using this card for paying for your travel bookings. In case of dismemberment or death of you or your family member caused by an accident, you (your family) will get compensation that can reach $250,000. You can also benefit from the service of trip cancellation and interruption protection. You can up to $1,500 towards non-refundable trip expenses each year, if certain unforeseen events occur during your trip.
The next advantage of the card is the auto rental insurance which presupposes that you get not only auto rental insurance, but also lost luggage assistance, discounts on car rentals, legal referral services, medical services, emergency and travel emergency help services, and more. Such a service will undoubtedly give you peace of mind. Be sure that all of your purchases will be protected by the service called damage and theft purchase protection. If your purchases are damaged or stolen within 120 days (90 days for New York residents), you will get compensation of up to $1,000 per thing, up to a total of $50,000 per calendar year. The Citi Diamond Preferred Card gives you access to such events as sporting events, concerts, and more. You can get tickets beforehand for the events you want to visit. Another thing you will enjoy with the card is the security, as it will protect you with $0 liability on unauthorized purchases as well as provide Citi Identity Theft Solutions. The latter service offers you access to a team of specialists who will help you if your identity is stolen.
"Citi Diamond Preferred Card is a great option for me as I can benefit from long term 0% offer that lasts for 21 months. I have a high (730s/low 740s) credit score and a 19% credit utilization rate. I was approved for $10,100 credit limit as soon as I applied for a card. I have also had the Citi double chase back card for several years which I pay off each month ($5,000 limit there). It helps me with my higher credit limit. The customer service works up to the highest standard. They always consult me if I need it and send reminders. I don't understand why some people are not satisfied with this card."
"The approval of my Citi Diamond Preferred Card made me happy as I had wanted this card for a while. I have a high-interest rate card with $1,800 on it and I managed to transfer it to my new card. I was approved for $4,700. It has 21-month 0% APR. This is a really good card that gives me my highest balance. I am not obliged to pay any annual fees. Besides, this card has no interest for 21 months. I can use this card for both small and large purchases."
"Citi Diamond Preferred Card is an awesome and outstanding card. Don't pay attention to all the negative reviews online. I noticed that all of those users have got low CL limits and high balances which they are trying to transfer. As soon as I applied or this card, I received it. The application process was fast and easy. If you are a clever person, you will like this card!"
My Final Summary
Before giving any recommendations it is important to reviews all advantages and disadvantages of the Citi Diamond Preferred Card. First of all, it gives you an opportunity to get 0% Intro APR on BT and Purchases for 21 months. Further, you will need to pay the variable APR from 13.49% to 23.49% depending on your creditworthiness. The function of the Citi Price Rewind will help you to search for lower prices online for two months for your purchases. It allows you to receive up to $500 per item and $2,500 a year. There is a balance transfer fee of 3% of the amount you transfer or $5. You will also benefit from the Citi Identity Theft Solutions and $0 liability on unauthorized purchases. Another advantage of the Citi Diamond Preferred Card is free access to FICO Scores.
Summing up, it is necessary to admit that the Citi Diamond Preferred Card has a lot of advantages over other cards of the kind. What sets this card apart from other cards is that it offers the benefits which can only be found on more exclusive credit cards which also come with a high annual fee. It would be even better if this card came with rewards programs and cash back, but still it is a great option for most cardholders. It works well for paying off purchases, transferring balances, paying for your travel bookings and special events. In addition, this card offers certain security services. The Customer Service is also worthy. So, I can certainly recommend the Citi Diamond Preferred Card to usage.
Citi Diamond Preferred Card Pricing and Rates
One can apply for the card online on its official website as well as a number of other reputable websites. You won't need to pay any annual fee when using this card. There is no initial APR for 21 months, but then you'll need to pay APR from 13.49% to 23.49%.