Bogdan Roberts, Credit Cards Moderator
@bogdan_roberts
You can get a Citi Diamond Preferred cash advance by using the card to withdraw funds from any ATM that accepts Mastercard. Alternatively, you can visit a Citibank branch to request a cash advance in person.
Keep in mind that you'll need a PIN to get a Citi Diamond Preferred cash advance from an ATM. If you haven't received a PIN with your card, call Citibank at (800) 823-4086 to request one.
Citi Diamond Preferred Cash Advance Details
- How to get a cash advance: Use your card to get a cash advance from any ATM that accepts Mastercard. You will need a PIN, so if you haven't been given one, call Citibank at (800) 823-4086 to request it. You can also visit a local bank branch and request a cash advance in person.
- Cash advance fee: 5% (min $10) of each cash advance transaction. In addition to the 5% (min $10) fee, there may be additional ATM fees, depending on where you withdraw the money from.
- Cash advance APR: The Citi Diamond Preferred cash advance APR is 29.49% (V). Also, there is no grace period, so the interest applies immediately and accrues daily.
- Cash advance limits: Your cash advances may be limited to a portion of your credit limit, which is based on your credit standing and income, among other factors.
The full price of a Citi Diamond Preferred will be the fee, plus the total amount of interest you end up paying. The sooner you pay your cash advance balance, the less it will cost. Cash advances are expensive transactions, so it's best to reserve them for emergencies.
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People also ask
What are the best Citi Diamond Preferred Card benefits?
The best Citi Diamond Preferred Credit Card benefits are ID theft protection and $0 fraud liability. These perks are certainly good to have, though it’s important to note that they are also relatively common credit cards benefits.
Citi Diamond Preferred Credit Card Benefits
- ID theft protection
- $0 fraud liability
- EMV chip technology
- Citi Entertainment
While these benefits aren’t bad, the Citi Diamond Preferred credit card simply doesn’t have as many benefits as a...
read full answer by Chip Lupo, Credit Card WriterDoes Citi Diamond Preferred Card have a 0% APR intro period for new purchases?
Yes, the Citi Diamond Preferred has an introductory purchase APR of 0% for 12 months after account opening. Once this intro period expires, any remaining balance on the Citi Diamond Preferred will be subject to the regular APR of 17.24% - 27.99% (V).
Since the average 0% intro APR for new purchases lasts 11 months, the Citi Diamond Preferred offer is right around average. The Citi Diamond Preferred also has a 0% intro APR for balance transfers, lasting 21 months. It is accompanied by a balance transfer fee of 5% (min $5).
... read full answer by Chip Lupo, Credit Card WriterHow much is the Citibank cash advance fee?
The Citibank cash advance fee is 5% (min $10) per transaction, whichever is higher. A cash advance fee is a fee charged when using a Citibank credit card for cash withdrawals at an ATM, or in person at participating locations.
Bear in mind that when you do a cash advance, you will incur other costs in addition to the Citibank cash advance fee. There’s also an expensive cash advance APR that applies immediately after you complete...
read full answer by Chip Lupo, Credit Card WriterDid we answer your question?
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