The Citi Double Cash Card balance transfer 0% intro APR is for 18 months. After that, the variable APR will be 17.74% - 27.74% (V), based on your credit standing.
It is also worth noting that there is a balance transfer fee of 3% intro fee ($5 min) for each transfer in first 4 months, after that 5% ($5 min) for each transfer.
Here’s how to do a Citi Double Cash Card balance transfer:
If you are a new applicant, you can do a balance transfer by completing the balance transfer portion on your Citi Double Cash Card application. If you are an existing cardholder, can request a balance transfer online or by calling customer service at (800) 950-5114. Keep in mind that Citi Double Cash Card balance transfers usually take 14 days to process.
Ultimately, if you're transferring a balance with the card’s introductory APR, try to pay off the balance before the introductory rate expires. Any balance remaining after that will accumulate interest daily at the card's regular APR (17.74% - 27.74% (V)). You can use WalletHub’s balance transfer calculator to plan the specifics of how you’ll pay off your debt.
The Citi Double Cash Card APR is 17.74% - 27.74% (V), based on creditworthiness. Citi Double Cash Card also has an introductory rate of 0% for 18 months on balance transfers. It takes effect as soon as the account opens. Once the intro rate expires, the regular APR will apply to any remaining transferred balances.
Here is what you need to know about the Citi Double Cash Card APR:… read full answer
Regular APR: 17.74% - 27.74% (V), based on each approved applicant’s income, debt, and credit score, among other factors. The card’s interest rate is variable, meaning it can change based oncertain economic conditions.
Introductory APR: This card offers a balance transfer intro APR of 0% for 18 months. Each balance transfer is subject to a balance transfer fee of 3% intro fee ($5 min) for each transfer in first 4 months, after that 5% ($5 min) for each transfer. Once the introductory balance transfer period is over, your remaining balance will accrue interest at the regular APR.
There is no introductory rate for purchases. This means interest is paid at the regular APR, unless statement balances are paid in full by each due date.
Cash advance APR: The cash advance interest rate is 28.99% (V). Cash advances are also subject to a 5% (min $10) cash advance fee. There is no grace period for cash advances, so interest starts to accumulate as soon as you complete the transaction.
Penalty APR: The penalty APR is up to 29.99%. This APR may be applied to your account when making a late payment or for returned payments.
You can avoid Citi Double Cash Card APRs altogether by staying away from cash advances and by always paying the entire balance in full and on time.
To do a balance transfer with the Citi Double Cash Card, new applicants can just complete the balance transfer portion of the Citi Double Cash Card application. Existing cardholders can request a balance transfer online or by calling customer service at (800) 950-5114.
Citi Double Cash Card balance transfers usually take 14 days to process. In the meantime, continue to make payments on your original debt to avoid any late fees and possible damage to your credit score.… read full answer
How to Do a Balance Transfer with Citi Double Cash Card (New Applicants)
Open the Citi Double Cash Card application.
Enter the account number for your existing balance.
Enter the amount you want to transfer.
Include standard application info such as your name, Social Security number, and annual income.
Submit the application.
How to Do a Balance Transfer with Citi Double Cash Card (Existing Cardholders)
Log in to your Citi Double Cash Card account.
Select "View Offer" next to "You're eligible for a balance transfer".
Click "I want this offer," then "Start your transfer."
Enter the account number(s) and the amount(s) you'd like to transfer.
Verify your information is correct and submit the application.
Key Things to Know About a Citi Double Cash Card Balance Transfer
The Citi Double Cash Card accepts balance transfers from other credit cards, along with mortgage payments, home equity loans, store credit cards, and auto loans, among others. The Citi Double Cash Card does not allow balance transfers from other Citibank credit accounts.
If you're transferring a balance to a credit card with an introductory APR on balance transfers, try to pay off the balance before the introductory rate expires. Any balance remaining after that will accumulate interest daily at the card's regular APR. Using a balance transfer calculator can be a big help.
Finally, there is a fee on Citi Double Cash Card balance transfers: 3% intro fee ($5 min) for each transfer in first 4 months, after that 5% ($5 min) for each transfer. Make sure to take this into account, too.
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