Does the Citi Diamond Preferred Card offer cash back? This question is about the Citi® Diamond Preferred® Card

No, the Citi Diamond Preferred card does not offer cash back or any other type of ongoing rewards. While the Citi Diamond Preferred card does not offer cash back, it is a good option for financing big purchases or balance transfers because of its promotional interest rates and $0 annual fee. What You Should Know About the Citi Diamond Preferred Intro APRs: Citi Diamond Preferred charges 0% interest for the first 12 months on purchases and offers 0% for 21 months on balance transfers. Because of that, you won’t accrue any interest on balance transfers or new purchases for a significant amount of time. Annual fee: This card comes with a $0, which makes it an inexpensive financing option. Cash advances: If by cash back you mean cash advance, then you can use the Citi Diamond Preferred to withdraw money at any ATM or Citibank branch. However, keep in mind the card has a separate APR of 29.99% (V) for cash advances, and interest starts accruing immediately. Although the Citi Diamond Preferred does not offer rewards, Citibank does have a few notable cash back credit card offers that excel in different categories. Notable Citibank Cash Back Credit Cards Rates & FeesBest for Everyday Shopping: Citi® Double Cash Card – 18 month BT offerCiti® Double Cash Card – 18 month BT offerLearn MoreLearn Moreon issuer's websiteRates & FeesInitial Bonus: Citi Custom Cash℠ CardCiti Custom Cash℠ CardLearn MoreLearn Moreon issuer's websiteRates & FeesBest for Costco: Costco Anywhere Visa® Card by CitiCostco Anywhere Visa® Card by CitiLearn MoreLearn Moreon issuer's websiteRates & FeesBest for Business Owners: Costco Anywhere Visa® Business Card by CitiCostco Anywhere Visa® Business Card by CitiLearn MoreLearn Moreon issuer's website For more options, feel free to check out our editors’ picks for the best Citi credit cards available right now on the market.

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Does the Citi Diamond Preferred Card offer cash back?

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This question is about the Citi® Diamond Preferred® Card

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Bianca Smith, WalletHub Credit Cards Analyst

@bianca_stoian • 01/06/23 This answer was first published on 01/07/22 and it was last updated on 01/06/23.For the most current information about a financial product, you should always check and confirm accuracy with the offering financial institution. Editorial and user-generated content is not provided, reviewed or endorsed by any company.

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No, the Citi Diamond Preferred card does not offer cash back or any other type of ongoing rewards. While the Citi Diamond Preferred card does not offer cash back, it is a good option for financing big purchases or balance transfers because of its promotional interest rates and $0 annual fee.

What You Should Know About the Citi Diamond Preferred

Intro APRs: Citi Diamond Preferred charges 0% interest for the first 12 months on purchases and offers 0% for 21 months on balance transfers. Because of that, you won’t accrue any interest on balance transfers or new purchases for a significant amount of time.
Annual fee: This card comes with a $0, which makes it an inexpensive financing option.
Cash advances: If by cash back you mean cash advance, then you can use the Citi Diamond Preferred to withdraw money at any ATM or Citibank branch. However, keep in mind the card has a separate APR of 29.99% (V) for cash advances, and interest starts accruing immediately.

Although the Citi Diamond Preferred does not offer rewards, Citibank does have a few notable cash back credit card offers that excel in different categories.

Notable Citibank Cash Back Credit Cards

Rates & FeesBest for Everyday Shopping: Citi® Double Cash Card – 18 month BT offerCiti® Double Cash Card – 18 month BT offerLearn MoreLearn Moreon issuer's website
Rates & FeesInitial Bonus: Citi Custom Cash℠ CardCiti Custom Cash℠ CardLearn MoreLearn Moreon issuer's website
Rates & FeesBest for Costco: Costco Anywhere Visa® Card by CitiCostco Anywhere Visa® Card by CitiLearn MoreLearn Moreon issuer's website
Rates & FeesBest for Business Owners: Costco Anywhere Visa® Business Card by CitiCostco Anywhere Visa® Business Card by CitiLearn MoreLearn Moreon issuer's website

For more options, feel free to check out our editors’ picks for the best Citi credit cards available right now on the market.

Answer Question

What is the credit limit on a Citi Diamond Preferred card?

The credit limit on a Citi Diamond Preferred card is $500 or more, and some cardholders report starting credit limits of $10,000+. When you’re approved for this card, Citibank will determine your specific credit limit based on factors such as your credit history, annual income, and any debt you owe.

You need at least good credit to get approved for the Citi Diamond Preferred card. For your best chances at a high limit, you’ll want good-to-excellent credit and plenty...

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Is the Citi Diamond Preferred Card hard to get?

Yes, the Citi® Diamond Preferred® Card is hard to get, as it requires at least good credit (a credit score of 700+) for approval. Citi will also consider your payment history, credit utilization, and annual income to help determine if you qualify.

What to know before applying for the Citi Diamond Preferred:

It’s worth noting that the Citi Diamond Preferred will be harder to get for some people, seeing as the average credit score in the U.S. is close to the minimum required...

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Is Citi Diamond Preferred a Visa or a Mastercard?

Citi Diamond Preferred is a Mastercard.

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