Intro APR Card

Do you need to make a large purchase, but are worried about being able to pay it off in a timely manner? Or are you already paying interest on credit card balances that you can’t pay off right away? Consider the Citi Simplicity card (a NextAdvisor advertiser). While there are many other cards with 0% intro APRs, Simplicity’s 21-month 0% intro APR is the longest of any card we’ve reviewed, and it offers a terrific no-fee policy to boot.  Although we don’t recommend spending more than you can afford, Citi Simplicity can help with the purchases you need to make now but may not be able to pay for right away, allowing you to avoid any interest fees for 21 months. You can also transfer balances from other high interest rate cards onto Simplicity to eliminate interest you’re already paying for 21 months.

Below we take a closer look at Citi Simplicity to help you decide if it’s the right card for you. In short, this is a great 0% intro APR card that could save you some serious money in interest and fees as well as give you the time to pay down your purchases and balance transfers. Our full analysis is below.

The Highlights

Right out of the gate, Citi Simplicity‘s biggest attraction is its incredibly long 21-month 0% intro APR for both purchases and balances transfers. Twenty-one months is the longest 0% intro APR period we’ve seen on a major credit card. In fact, with Citi Simplicity you can literally pay no interest until 2018, which is pretty incredible. This is a great perk if you want to make any big or small purchases, as you’ll have until 2018 to pay them off without paying a dime in interest fees. It’s almost like a free (or 0%) loan on purchases you make now, as you won’t have to pay anything for 21 months and if you pay them down completely you won’t pay anything except the actual cost of the purchase.

More strong features include the no late fees and no penalty rates. That means if you happen to be late on a monthly payment or two Citi Simplicity won’t charge you a late fee, and they won’t penalize you with a higher interest rate (of course, you’ll be paying 0% interest for the first 21 months, but after that time period you won’t be penalized with an increased interest rate). Plus there is no annual fee to worry about. Both these perks together, along with the 21-month 0% APR make this a standout card.

Citi Simplicity also provides a 0% intro APR for 21 months on balance transfers. You can transfer you balance(s) from other high-interest credit cards and save a ton of money on interest fees as you won’t be paying any until 2018. And because the 0% intro APR is 21 months long, you’ll have a generous amount of time to gradually pay down your balance.

As an added bonus, Citi Simplicity only requires good credit, which is generally considered to be a credit score above 670. So if have some dings in your credit history, you may still qualify for all the great 0% intro APR perks this card offers.

World travelers can relax, as Citi Simplicity’s chip-enabled card means it will be accepted outside the U.S. Embedded EMT technology is typically mandatory in international countries, and the fact that Citi Simplicity provides it means you can make purchases knowing your card will be accepted.