The Citi Diamond Preferred® Card continues to stand out in 2025 as a valuable option for individuals looking to manage high-interest debt or make large purchases with minimal financial strain. While it doesn’t offer cashback or rewards, its strength lies in one of the longest 0% intro APR offers available in the credit card market today.
In this comprehensive review, we’ll explore the features, benefits, downsides, and ideal use cases for the Citi Diamond Preferred Card — so you can decide if it aligns with your financial strategy.
Overview: What Is the Citi Diamond Preferred Card?
The Citi Diamond Preferred Card, issued by Citibank, is a credit card best known for its extended 0% APR promotional period. It’s specifically designed for consumers who want to transfer existing high-interest balances or finance major purchases over time without interest.
Although it lacks rewards programs, this card is focused on helping users save money on interest — making it one of the best tools for debt management and financial recovery.
Key Card Details (2025)
| Feature | Details |
|---|---|
| Intro APR on Balance Transfers | 0% for 21 months |
| Intro APR on Purchases | 0% for 12 months |
| Ongoing Variable APR | 17.99% – 28.74%, based on creditworthiness |
| Balance Transfer Fee | 5% of the amount transferred (minimum $5) |
| Annual Fee | $0 |
| Foreign Transaction Fee | 3% |
| Late Payment Fee | Up to $41 |
| Credit Score Requirement | Typically 700+ (Good to Excellent) |
| Issuer | Citibank (Citi) |
Top Benefits of the Citi Diamond Preferred Card
Exceptional 0% Intro APR Period
The 21-month 0% APR on balance transfers is one of the longest available today. For consumers carrying debt, this can mean saving hundreds or even thousands in interest. Additionally, the 12-month 0% APR on purchases is ideal for financing large expenses without interest for a full year.
No Annual Fee
The card has no annual fee, so cardholders won’t need to worry about recouping any costs just for keeping the card.
Credit Score Monitoring
Cardholders receive free access to their FICO® credit score, which is updated monthly and accessible through their online account or the Citi Mobile® App.
Security and Digital Tools
With features like fraud protection, account alerts, and compatibility with digital wallets, the card offers modern convenience and security.
Downsides to Consider
No Rewards or Cash Back
One of the biggest trade-offs with this card is the lack of rewards. If you’re looking for a card that earns points, miles, or cashback, this isn’t it.
High Balance Transfer Fee
The 5% balance transfer fee is fairly standard but can be costly depending on how much debt you transfer.
No Travel Perks
With a 3% foreign transaction fee and no travel-related benefits, this card is not suited for international travelers.
Limited Long-Term Use
After the intro APR expires, the card becomes much less appealing due to the lack of rewards or long-term incentives.
Who Should Consider the Citi Diamond Preferred?
Ideal For:
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Individuals looking to pay down existing credit card debt
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Consumers who need to finance a major purchase over time
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Users with good to excellent credit seeking a low-cost card
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People looking to avoid interest without paying an annual fee
Not Ideal For:
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Frequent travelers
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Users who want cashback or rewards
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Individuals with fair or poor credit
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Those looking for ongoing benefits beyond the intro period
How It Compares to Similar Cards
| Feature | Citi Diamond Preferred | Citi Simplicity® | Wells Fargo Reflect® |
|---|---|---|---|
| 0% APR on Balance Transfers | 21 months | 21 months | Up to 21 months |
| 0% APR on Purchases | 12 months | 12 months | Up to 21 months |
| Late Fee Forgiveness | No | Yes | No |
| Rewards | No | No | No |
| Annual Fee | $0 | $0 | $0 |
Verdict: Citi Diamond Preferred offers one of the longest balance transfer APR periods available but is best for those who can manage due dates and don’t need rewards.
Application Process and Approval Odds
You can apply online via Citi’s website. It typically takes less than 10 minutes. You’ll need to provide:
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Full name and address
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Date of birth and Social Security Number
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Employment and income details
Pro Tip: Use Citi’s pre-qualification tool to check your approval odds without impacting your credit score.
Customer Feedback & Ratings (2025)
4.5/5 – Excellent for Debt Management
“I paid off two credit cards using the balance transfer offer and saved almost $2,000 in interest. The app is also easy to use.” — Lisa T., Atlanta
4/5 – Great Tool, but Not for Rewards
“Helped me manage a large emergency medical bill, but once the promo ends, I’ll probably stop using it.” — Derek M., Los Angeles
3.5/5 – No Frills but Gets the Job Done
“Would love to see some rewards added. Otherwise, no complaints.” — Marissa P., New York
How to Maximize the Citi Diamond Preferred Card
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Pay off balances before the intro period ends to avoid high interest rates.
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Transfer balances within the first 4 months to qualify for the 0% APR offer.
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Automate payments to avoid late fees and interest after the promo period.
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Use a separate card for travel or rewards to complement this one.
Final Thoughts: Is the Citi Diamond Preferred Worth It?
If you’re looking for a no-annual-fee card with one of the longest 0% APR periods available in 2025, the Citi Diamond Preferred Card is absolutely worth considering. While it doesn’t offer rewards or luxury perks, it delivers exceptional value for consumers who want to reduce or eliminate credit card debt.
For individuals with strong credit who prioritize financial control and interest savings over flashy benefits, the Citi Diamond Preferred remains a top choice for 2025.
Frequently Asked Questions
Q: What is the credit score requirement for Citi Diamond Preferred?
A: Generally, applicants need a credit score of 700 or higher to qualify.
Q: Can I do a balance transfer from another Citi card?
A: No. Citi does not allow balance transfers between its own credit cards.
Q: Does this card offer cashback or points?
A: No, the Citi Diamond Preferred Card does not have a rewards program.
Q: What happens after the intro APR period ends?
A: The APR will revert to a variable interest rate between 17.99% – 28.74%, depending on your credit profile.