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Citi balance transfer credit cards guide

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Get a 0% intro APR on balance transfers for up to 21 months.

If you’re struggling to make a dent in your debt, then it might be time to explore some of the debt consolidation options available. A balance transfer with Citi could be your answer to clearing your debt for good. In this guide, we explore some of the features, benefits and conditions you can expect if you conduct a balance transfer with Citi.

Compare Citi balance transfer credit cards

Updated June 20th, 2019
%
Name Product Balance Transfer APR Balance Transfer Fee Recommended Minimum Credit Score Amount Saved Filter values
0% intro for the first 21 months (then 16.24% to 26.24% variable)
$5 or 5% of the transaction, whichever is greater
670
Enjoy a 0% intro APR for 21 months on balance transfers and for 12 months on purchases.
0% intro for the first 18 months (then 15.74% to 25.74% variable)
$5 or 3% of the transaction, whichever is greater
670
Earn 1% cash back when you pay off your card, on top of the 1% cash back you earn when you make purchases for double cash back.
0% intro for the first 18 months (then 15.24% to 25.24% variable)
$5 or 5% of the transaction, whichever is greater
690
Strong intro APR for the first on purchases and balance transfers.
17.99% to 25.99% variable
$5 or 3% of the transaction, whichever is greater
670
Earn 50,000 points after spending $4,000 in the first 3 months.
17.24% variable
$5 or 3% of the transaction, whichever is greater
740
Earn 4% at gas stations on up to $7,000 annually (then 1%), 3% at restaurants and on travel, 2% at Costco and 1% on all other purchases.

Compare up to 4 providers

What are the benefits of a balance transfer with Citi?

You may want to take advantage of a Citi balance transfer to get:

One of the longest intro APRs.

Citi currently offers balance transfer intro APR periods of up to 21 months depending on your card.

Get rewarded for purchases.

Pick the Citi® Double Cash Card if you’re looking to earn rewards on new purchases after you pay off your debts. You could get cash back on every purchase.

No annual fee.

You won’t pay an annual fee to own one of Citi’s credit cards that offers an intro balance transfer period.

No late fees or penalty rates.

With the Citi Simplicity® Card, you won’t pay any fees for late payments or penalty rates on top of no annual fee.

What are the drawbacks of a balance transfer with Citi

Citi may not be the balance transfer provider for you:

Limited card options.

You’ll currently only find three Citi cards with balance transfer offers.

Potentially high revert rate.

Once your intro APR ends, you could be stuck with an interest rate of over 26%, depending on your creditworthiness.

What debts are eligible for a balance transfer with Citi?

You can transfer debt from…

  • Non-Citi credit cards.
  • Specialty store and gas cards.
  • Personal or auto loans.

You can’t transfer debt from…

  • Citi or Citi-affiliated products.

Can I transfer balances to another Citi card?

No. It’s rare you’ll find a provider that allows this.

Eligibility requirements

Citi credit cards are available to those who are:

  • At least 18 years old.
  • United States residents.
  • Those with a valid Social Security number or Individual Taxpayer Identification Number.

What do I need to apply?

To apply for a Citi card you’ll need to provide your:

  • Full name
  • Mailing address, email address and phone number
  • Date of birth and Social Security number
  • Employment status, total annual gross income, and monthly housing or rent payment

How to transfer a balance with Citi

  1. Choose a balance transfer card.
    Pick which of the two Citi cards fit your needs.
  2. Apply for the card.
    Fill out the application in full with all of the requested details, including your personal and financial information.
  3. Call the number on the back of your card once you receive it.
    You’ll be able to request transfers, plus any fees, up to the amount of your credit limit.
  4. Wait for the transfer to finish.
    Continue paying your old accounts until you see that the transfer is complete.

I got the card. Now what?

  • Check with Citi that your transfer is complete. Your old accounts can be closed or left alone once you receive confirmation that the transfer is complete.
  • Make payments on time. Despite one card not having any late fees, you can still lose your intro APR if you default on payments.
  • Contact customer support with questions. Call 800-950-5114 if you have any questions about your account.

Bottom line

Completing a balance transfer with Citi could be your key to debt consolidation. However, as many issuers and credit cards offer balance transfer options, it’s a good idea to do your research and ensure you find the right credit card with the right features for your financial situation.

Use our balance transfer credit cards comparison to find the best offer for you.

Frequently asked questions about Citi balance transfer cards

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