Credit Cards » Credit Card Reviews » Citi Simplicity Credit Card Review 2021
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Citi Simplicity Credit Card Review 2021

The Citi Simplicity credit card may seem a good option for the type of customer privy to slip up on payments from time to time. But with a high interest range, mismatched intro 0% APR periods, and a dearth of rewards, the Citi Simplicity Card leaves much to be desired by the average payment-conscious customer.

We may receive compensation from companies that appear on this page. This may impact how and where products appear on a page (including, for example, the order in which they appear). It doesn’t affect our unbiased editors’ opinions. our opinions are our own.

In This Review..

The Citi Simplicity Card markets itself as the premier choice for the occasionally forgetful customer who still maintains good credit (660 or above). The card never charges late fees for any late payment, ever.

Although you should always strive to pay your bills on time, this card can take you a long way if you’re prone to slip up every now and then. 

While most cards waive the fee on just the first late payment, the Citi Simplicity Card waives fees on all late payments. It also provides the freedom to choose payment due dates in order to accommodate any kind of financial situation. 

Citi Simplicity Card

On Citi’s Secure Website

Rewards Plan


Sign up Bonus


0% Intro

0% Intro APR for 18 months on purchases and balance transfers.




14.74% - 24.74%

Annual Fee


Balance Transfer Fee

$5 or 3%

Credit Requirements

Good - Excellent

Despite its exceptional forgiveness policy, the card has no kind of rewards program enticing customers to swipe. There’s also a sizable difference in duration for the card’s intro 0% APR periods on purchases and balance transfers, which, as you’ll see, can come into conflict with the card’s seemingly generous interest policy.

Let’s take a closer look at the benefits and drawbacks of the Citi Simplicity Card.

Card & Issuer Reputation

  • 3.7/5  on WalletHub customer reviews (+2,500 reviews): WalletHub customer reviews allow customers to post positive, negative, or neutral reviews about marketplace experiences.
  • 4.3/5  on influenster customer reviews (+1,000 reviews): WalletHub customer reviews allow customers to post positive, negative or neutral reviews about marketplace experiences.
  • 801/1000 on J.D Power: Citi got 801 out of 1000 available points on J.D. Power credit card satisfaction survey, lower than industry average. J.D Power offers the most comprehensive and independent study of customer satisfaction of card issuers . The study aims to help consumers and issuers to understand user opinions and ratings of the largest bands. It covers terms, benefits, services, communication, rewards and more.

J.D. Power U.S. Credit Card Satisfaction Study 2020

In order to avoid bias based on a small number of reviews, we present only ratings with at least 200 reviews.


Let’s take a closer look at the benefits and drawbacks of the Citi simplicity Card – and whether or not it’s right for your wallet.

As with most other Citi options, this card doesn’t charge an annual fee, which means you don’t have to worry about swiping enough to cover a fixed yearly payment. No annual fee is a highly competitive perk since the average annual credit card fee is around $147.

The Citi Simplicity Card is the only card on the market that doesn’t charge penalties on any late payments or raise interest as a result. 

This is the card’s most appealing benefit, as all lenders can charge fees as high as $27 on the first late payment and $38 on all subsequent late payments. 

The generous forgiveness policy also beats out dozens of competitors that only forgive the first late payment, such as the Citi Double Cash Card.

The Citi Simplicity Card’s other attractive perks are the exceptionally long interest-free periods for purchases. New customers enjoy 0% interest on all purchases and balance transfers for the first 18 months.

However, the two lengthy zero-interest periods can backfire on your credit if you’re not diligent with your payments…


Here are the most important cons you should consider before apply:

The card doesn’t offer any rewards on purchases, leaving customers with little incentive to actually use it. Most credit cards, on the other hand, typically offer rewards for either specific spending categories 

(e.g. the Capital One Savor Card, which offers 4% cash back on dining and entertainment) or general spending (e.g. the Chase Freedom Unlimited, which provides 1.5% rewards on all purchases).

The Citi Simplicity Card’s high APR range between 14.74% – 24.74% leaves little incentive for customers to swipe after the intro 0% APR periods.

The range is above the national average near 15.96%, not to mention it’s extremely high for the majority of American customers who carry a balance from month to month.

The card has a balance transfer fee of $5 or 3%, which rests at the high end of the average range of 3% to 5% for most credit cards.

Many other general-use credit cards boast much lower transfer fees. For example, the Citi Double Cash Card’s fee is 3%, the low end of the average range

Customers can actually be charged interest earlier than expected since the intro 0% period on balance transfers is 9 months longer than the period for purchases.

For instance, let’s say you transfer a $3,000 balance over to your new Citi Simplicity Card and pay it down over the 21-month interest-free period. Once the 12-month interest-free period on purchases expires, you’ll still be carrying some of that transferred $3,000 balance. That means your card’s grace period becomes worthless and you’ll start accruing interest on every purchase as soon as you make them.

If you plan to transfer a balance to this card, be sure to pay it off entirely within 12 months to avoid interest on all of your purchases. Or, alternatively, don’t swipe the card for any purchases after the first 12 months.

Application Process

Visit the Citi Simplicity Credit Card home page and then click “Apply Now”. 

A page comes up; just fill in your personal information correctly. 

Next, fill in your security number, date of birth and other information. Also fill in your financial information, and then take your time to read through the terms and conditions.After this, tick to agree and then click on “Agree and Submit.”


Though the Citi Simplicity Card stands alone when it comes to exceptional late-payment forgiveness, many other cards still boast either strong forgiveness policies or generous intro 0% APR periods.

CitiBank Double Cash card is a comparable cashback card.

The CitiBank Double Cash card offers 1% cash on all purchases and 1% cash back after paying for those purchases. You could make 2% back on all purchases as long as you pay your credit card bill.

The card boasts a lengthy 18-month period of 0% fees on all balance transfers. After this period each transfer requires paying a variable APR between 13.99% – 23.99% .

CitiBank Double Cash rewards does not have an annual fee.

This card’s cash back is on all purchases just like Wells Fargo Cash Wise Visa Card. But to earn the ½ of the cash back, you need to pay your bill. If you plan on carrying a balance you will not unlock the full $5 or 3% initially. 

Though it doesn’t offer any late-payment forgiveness, this option counters it with a long 20 months intro 0% APR period on both purchases and balance transfers.  Those matching periods ensure you’re not left with a gap that could result in accidental interest accruement on purchases.

In addition, the U.S. Bank Visa Platinum does not have an annual fee.

The U.S. Bank Visa Platinum Card has a variable APR range between 13.99% – 23.99%, based on your creditworthiness. 

Wells Fargo Cash Wise Visa Card is a straightforward cashback card. This card offers a simple 1.50% back on all purchases with no limit or special categories. If you are looking to save money on interest, the Wells Fargo Cash Wise Visa Card offers a 0% introductory rate for 15 months on balance transfers.

This card offers many benefits to those wanting a simple straightforward card. It does not come with an annual fee and has a decent sign-up bonus  of $150 cash rewards bonus when you spend $500 on your new card within the first 3 months.

The APR for the Wells Fargo Cash Wise Visa Card is a 14.49% – 24.99% variable rate, which is high for a card that requires borrowers with good to excellent credit histories. Also, There is  $5 or 5% balance transfer fee required if you want to take advantage of the introductory 0% APR rate. 

Is the Citi Simplicity Card Right for You?

The card may seem a good option for the type of customer privy to slip up on payments from time to time. 

But with a high interest range, mismatched intro 0% APR periods, and a dearth of rewards, the Citi Simplicity Card leaves much to be desired by the average payment-conscious customer.

Credit Card Reviews Methodology

In order to determine the best possible credit cards, we look at things like fees, interest rates and rewards. We do this with companies that are associated with us as partners as well as other offerings. From there, we make a decision about what the best card is related to different categories and needs. We focus on interest rate cost & fees, especially the cost of carrying a balance, rewards – cards accumulate rewards in different currencies—points, miles, cash back—and their values vary widely usability – cards that accept a wide range of credit profiles and offer simple solutions for things like checking your credit score or contacting. We also consider customer reviews.

We look at cards related to good or excellent credit ratings that will then provide a range of different benefits and improvements for someone who has these scores. We also look at low fees when it comes to those who have lower credit scores.