The Citi Diamond Preferred Rewards Card is one of the many credit cards offered by Citigroup Inc. This corporations long history in financial services dates back to 1812 with the founding of Citibank.

The Citi Diamond Preferred Rewards Card is based on a point system. In the first year, for every dollar you spend at the grocery store, drugstore or gas station, you will receive 5 points. You can also earn an extra 6,000 thank you points if you make a purchases that total to at least $100 in the first month. After the first year, you will receive 1point for every purchase. You can trade these points for numerous goods and services like travel, sporting events concerts and much more. For example, you can use your points to book any ticket or itinerary online with Expedia. You can only receive 75,000 points per calendar year.

To qualify for the Citi Diamond Preferred Rewards Card MC, the applicant must be at least 18 years of age. You must be a US citizen to apply.

• Is there an introductory rate? Yes.
• What is it and how long does it last? O% apr on balance transfers for up to 12months.
• After that, what will my rate be? It can be as low as 5.49%. However, this depends on your credit score.
• Is there an application fee? No

• Are there processing fees? No

• Is there an annual fee? No
• Is there a late fee? Yes. If the balance is $100 or less, it is $15. If the balance is between $100-$250, the fee is $29. And, if the balance is $250 and over the fee is $39.
• Is there an over-the-limit fee? Yes, the apr will increase to the default 23% or28%.
• Are there any other fees, like account termination fees or balance-transfer fees? Yes. The balance transfer fee is 3% with a minimum of $5. No termination fees.
• When and how can a variable rate be changed?
• What is the grace period before interest is applied? There is a 20 day grace period.

• How will you inform me of any changes in my contract? By mail.

• Will the company inform me if I am about to go over my limit? No info.

• If I go over my limit what happens? You will be charged the above fee.

• What is the company policy if I have trouble paying my bills? No info.

• May I pay my bill online? Yes

The Citi Diamond Rewards Card MC appears to be a solid rewards card with no glaring complaints. If you have any experience good or bad with this cards, please share them in the comments section below.

Keep in mind to always use credit cards wisely.