- No annual card fee and no late fees
- 0% p.a. for 6 months on balance transfers (no balance transfer fee). Please note, no interest free days apply to retail purchases while you have a balance transfer
- Possible to balance transfer loans as well as credit cards and store cards
- Range of complimentary platinum insurance covers and benefits
- Free bottle of wine at Citibank's dining partner restaurants (located on the Citi smart-phone app. T&Cs apply
- No additional cardholder fee
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ME Frank No Annual Fee Credit Card
11.99% p.a. on Purchases and Cash Advances
No annual fee. Up to 8 extra cardholders free of charge
Citi Credit Cards
Citi Simplicity Credit Card
Updated 22 October 2020
The Citi Simplicity Card comes with no annual card fee, no late fees and no additional card holder fee. This offer includes 0% p.a. on balance transfers for 6 months (no balance transfer fee applies). Reverts to the cash advance rate. Great for a secondary form of back up funds, great for a primary card.
T&Cs apply. Offer ends 16 November 2020
Purchase Rate (p.a)
21.49%
Balance Transfer (p.a)
0% for 6 months
No balance transfer fee.
Reverts to 22.24% p.a.
Annual Fee (p.a)
$0
Pros and cons
- High purchase rate of 21.49% p.a.
Creditcard.com.au review
Editor Review
Citi Simplicity Credit Card
Roland Bleyer
Credit Card Expert with over 15 years card experience and the founder of Creditcard.com.au. Ask Roland a Question about this card.
The Citi Simplicity Credit Card
Far from ‘simple’, the Citi Simplicity Credit Card is a no annual fee card that is chock full of extras. Not only can you benefit from a dazzling array of complimentary features, as a cardholder, you can also take advantage of this great introductory offer with 0% p.a. on balance transfers for 6 months.
What we love…
Before we start in on all those lovely extras, let’s talk about the Citi Simplicity Credit Card’s introductory offer. If you have existing credit card debt, you can benefit from this card’s 0% p.a. on balance transfers for 6 months to help you save on interest and pay down that debt. You can transfer up to 80% of your approved credit limit.
Of course, there are plenty of credit cards out there offering fancy features and enticing introductory offers. But, all those extras generally come at a price, with cardholders paying a high annual fee for the privilege of accessing them. Not so, the Citi Simplicity Credit Card. This card has no annual fee for the primary cardholder and up to four additional cardholders, plus no late fees.
Yes, there are lots of no annual fee cards out there too, but when you start comparing features, you’ll notice most no annual fee cards don’t actually offer many features. Happily, the Citi Simplicity Credit Card has no annual fee and a multitude of features, many of which you would only find on – much more expensive – platinum cards. But, more on that later.
What’s not so great…
There’s not too much to complain about with the Citi Simplicity Credit Card. If you take up the balance transfer offer, be aware that if you don’t clear your transferred balance within 6 months, it will revert to the card’s cash advance rate. Also, it’s best to avoid interest accruing on this card, as the purchase rate is relatively high.
Why should you choose this card?
If you want a credit card that charges no annual fees, but still has heaps of extras, the Citi Simplicity Credit Card could be the card for you. Aside from its introductory offer, the card provides the following fantastic features:
- With the Citibank Dining Program, you can enjoy a free bottle of wine every time you dine at hundreds of participating restaurants and pay with your Citi Simplicity Credit Card.
- You can benefit from the peace of mind knowing you are backed by several complimentary insurance covers, including Transit Accident Insurance, Purchase Cover Insurance, Extended Warranty Insurance and Guaranteed Pricing Scheme.
- With Citi World Privileges, you will have access to incredible offers around the world, taking in everything from dining and shopping, to sports and spas.
Overall Rating
A feature-packed card, the Citi Simplicity Credit Card offers some serious value, with no annual fee ever, plus 0% p.a. on balance transfers for 6 months.
User reviews
Rates and fees
Interest rates
Purchase rate 21.49% p.a.
Cash advance rate 22.24% p.a.
Interest free period on purchases up to 55 days
Balance transfer
Balance transfer rate 0% p.a. for 6 months
Balance transfer revert rate 22.24% p.a.
Balance transfer from personal loan Yes
Balance transfer fee No fee
Balance transfer limit 80% of approved credit limit
Banks you can't balance transfer from Citi
Credit limits
Minimum credit limt $6,000
Maximum credit limit $100,000
Fees & repayments
Annual fee $0 p.a.
Additional card holder fee $0 p.a. (up to 4)
Foreign transaction fee 3.4%
Minimum repayment Whichever is greater: $30; or 2% of Card Balance; or The sum of 1.00% of the Card Balance, Late Payment Fee (if any) and interest charged for that month, plus any Monthly Instalment for that month
Cash advance fee 3.5%
Late payment fee $0
Additional features
Complimentary insurance
International Travel Insurance Yes
Flight Inconvenience Insurance No
Transit Accident Insurance Yes
Smartphone Screen Insurance No
Purchase Protection Insurance Yes
Extended Warranty Insurance Yes
Rental Vehicle Excess In Australia Insurance No
Extras
Free wine when you dine with the Citibank Dining Program. T&Cs apply
Eligible with Apple Pay and Samsung Pay
Overview
Citi Simplicity Credit Card
Add to this premium card features like complimentary insurances; transit accident, extended warranty, purchase cover, guaranteed and pricing scheme. Enjoy free wine every time you dine with the Citibank Dining Program plus no annual fee for any additional card holders. Perfect for a 2nd card for access to emergency funds when needed or primary no fee offering. Minimum credit limits of $6,000 with maximum of $100,000. Right up with the most premium of cards. Minimum 35k income required and good credit.
Key features
- No annual card fee
- No late fees ever
- 0% p.a. for 6 months on balance transfers (no balance transfer fee). Reverts to the cash advance rate. Please note, no interest free days apply to retail purchases while you have a balance transfer
- Up to 55 days interest free on purchases
- No additional card holder fee - You may have up to four (4) additional cardholders, who must be 16 years or older.
- Complimentary Transit Accident Insurance
- Complimentary Purchase Cover Insurance
- Complimentary Extended Warranty Insurance
- Guaranteed pricing scheme
- Free wine every time you dine with the Citibank Dining Program. T&Cs apply
Minimum criteria to apply for this card
-
Be over 18 years old
-
Good Credit and have not applied for multiple credit cards recently
-
Australian resident
-
Minimum income of $35,000 p.a.
You have your personal details ready to complete the online application
Roland B Bleyer founded Creditcard.com.au in 2005 and has extensive knowledge about credit cards. He personally answers all questions and write the editor reviews for each card here. Always keen to share his passion to educate consumers and help you select better suited credit cards.
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