Bogdan Roberts, Credit Cards Moderator
@bogdan_roberts
The Citi Diamond Preferred annual fee is $0, which is standard for a low interest credit card. In addition to a $0 annual fee, Citi Diamond Preferred has an introductory APR offer of 0% for 12 months on purchases. And that is coupled with an introductory balance transfer APR of 0% for 21 months - each balance transfer is subject to a 5% (min $5) fee.
Once the introductory periods are over, interest will accrue at the regular APR of 14.49% - 24.49% (V), based on creditworthiness. Most cards charge balance transfer fees of around 3% and some have no balance transfer fees. A longer introductory rate will sometimes offset balance transfer fees, so it's a good idea to use a balance transfer calculator to see which card will save you the most money.
Some of Citi Diamond Preferred's other fees include a 3% foreign transaction fee and a late fee of up to $40. So the $0 annual fee helps offset these other costs.

Citi® Diamond Preferred® Card
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