When it comes to finding a credit card that combines long-term value with practical features, the Diamond Preferred Citi Card stands out. Designed primarily for consumers who want to save on interest rather than chase rewards, this card has remained a top choice in 2025 for debt management, balance transfers, and large purchases.
This comprehensive review explores the Citi Diamond Preferred Card’s features, benefits, potential drawbacks, and ideal users. Whether you’re looking to consolidate debt or finance a big expense, this card deserves your consideration.
Overview of the Citi Diamond Preferred Card
The Citi Diamond Preferred® Card is a no-annual-fee credit card that offers exceptionally long 0% introductory APR periods, making it perfect for people aiming to pay off existing debt or finance large purchases without accruing interest right away.
It’s best suited for individuals with good to excellent credit (typically a FICO score of 700 or above) who can make timely payments and avoid carrying a balance once the promotional period ends.
Key Features
| Feature | Details |
|---|---|
| Intro APR on Balance Transfers | 0% for 21 months |
| Intro APR on Purchases | 0% for 12 months |
| Regular APR | 17.99% – 28.74% variable (after intro periods) |
| Balance Transfer Fee | 5% (or $5 minimum) |
| Annual Fee | $0 |
| Foreign Transaction Fee | 3% |
| Rewards | None |
| Recommended Credit Score | 700+ |
Main Benefits
Exceptional Balance Transfer Offer
The Citi Diamond Preferred Card features one of the longest 0% intro APR offers for balance transfers — 21 months from the date of the first transfer. If you’re dealing with high-interest debt, this extended period allows you to make substantial payments without incurring additional interest.
Intro APR on Purchases
New cardholders also benefit from a 12-month 0% intro APR on purchases. This is ideal for financing big-ticket items without the burden of immediate interest charges.
No Annual Fee
The card’s lack of an annual fee ensures that it remains cost-effective for users year after year, even if used only occasionally for its special financing perks.
Free FICO® Score
Cardholders get monthly access to their FICO® Score, helping them stay informed about their credit health.
Digital and Security Features
Enjoy tools like:
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Citi® Quick Lock
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Fraud Early Warning
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Contactless payments
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24/7 customer support
These features provide convenience and peace of mind when using your card online or on the go.
Drawbacks to Consider
No Rewards Program
Unlike many credit cards, the Citi Diamond Preferred doesn’t offer cashback, points, or miles. If earning rewards is a priority, this card may not suit your goals.
Balance Transfer Fee Applies
Although the intro APR is generous, the 5% balance transfer fee can add up if you’re transferring a large balance.
Foreign Transaction Fee
The 3% fee on international purchases makes it a poor choice for frequent travelers.
High Standard APR After Intro Period
If you don’t pay off your balance within the promotional period, the APR can jump significantly — up to 28.74%.
Comparison with Similar Cards
| Card | Intro APR (BT) | Intro APR (Purchases) | Annual Fee | Rewards |
|---|---|---|---|---|
| Citi Diamond Preferred | 0% for 21 months | 0% for 12 months | $0 | No |
| Citi Simplicity® | 0% for 21 months | 0% for 12 months | $0 | No |
| Chase Slate Edge® | 0% for 18 months | 0% for 6 months | $0 | No |
| Wells Fargo Reflect® | Up to 21 months | Up to 21 months | $0 | No |
Verdict: The Citi Diamond Preferred is ideal for those focused on interest savings, while other options might be better for those looking for longer purchase APRs or minor reward perks.
Who Should Apply for the Citi Diamond Preferred Card?
Best For:
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People with high-interest credit card debt
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Consumers planning large purchases
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Those who can pay off balances within 12–21 months
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Individuals with good or excellent credit
Not Ideal For:
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People looking to earn rewards or cash back
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Frequent international travelers
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Those who often carry balances beyond intro periods
What Customers Are Saying
Customer sentiment in 2025 continues to be mostly positive:
“I used this card to pay off a $4,500 debt from a store credit card. With the 0% intro APR, I saved hundreds in interest.” – Emily T., Seattle
“No annual fee and a super long APR period? This card helped me buy a new AC unit without stress.” – Carlos M., Austin
“Wish it had rewards, but for what it’s meant to do—save on interest—it works.” – Brittany L., Tampa
Tips to Maximize the Diamond Preferred Citi Card
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Transfer early to maximize the 21-month APR period.
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Set payment reminders to avoid missed payments and late fees.
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Track your FICO® score to maintain or improve your credit health.
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Avoid using the card abroad due to foreign transaction fees.
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Pair with a rewards card for everyday spending and keep this card for strategic financing.
How to Apply
You can apply online through Citi’s official website. The application process is quick, and you may be pre-qualified without a hard credit pull.
What You’ll Need:
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Full legal name
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Address and Social Security Number
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Employment and income details
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Credit history (ideally 700+)
Approval times range from a few minutes to a few days, depending on your credit profile.
Final Verdict
The Diamond Preferred Citi Card is one of the most strategic tools available in 2025 for those who want to save on interest, consolidate debt, or finance a large purchase responsibly. With one of the longest balance transfer offers on the market and no annual fee, it’s a card that prioritizes financial flexibility over flashy rewards.
While it may not be for everyone—especially those who value travel perks or cashback—it’s nearly unbeatable for its core purpose: saving you money on interest.
Frequently Asked Questions (FAQs)
Q: Does the Citi Diamond Preferred Card offer rewards?
A: No. It’s a low-interest-focused card and does not provide cashback or points.
Q: Can I transfer balances from any card?
A: You can transfer most non-Citi balances, but some store cards and personal loans may not qualify.
Q: Is the 0% APR automatic?
A: Yes, if the balance transfer is completed within 4 months of account opening.
Q: Will applying hurt my credit score?
A: Citi may offer prequalification without a hard inquiry, but submitting a full application will involve a credit check.