Does Citi Simplicity have points?

No, the Citi Simplicity Card does not offer cash back, or any other type of rewards. That’s because it is designed as a financing option, and these type of cards don’t usually focus on rewards.

Citi Simplicity Card offers introductory interest rates of 0% for 12 months on purchases and 0% for 21 months on balance transfers - subject to a 3% intro fee ($5 min) for each transfer in first 4 months, after that 5% ($5 min) for each transfer. The card’s regular APR is 18.24% - 28.99% (V). Plus, it also has a $0 annual fee.… read full answer

Alternative Credit Card Option

If a cash back rewards credit card is what you are looking for, you should consider getting the Chase Freedom Unlimited, instead. This card offers 5% cash back on travel through Chase, 3% back at restaurants and drugstores, and 1.5% back on all other purchases (plus an additional 1.5% cash back on everything, up to $20,000 spent the first year). Plus, it has a $0 annual fee.

Ultimately, feel free to check out our editors’ latest picks for the best cash back credit cards on the market to weigh your options.

The Citi Simplicity® Card credit limit is at least $$500, if you get approved. That’s the minimum limit listed in the card’s terms and conditions. However, your maximum credit line could be as high as $5,000, according to anecdotes from credit card holders. It all depends on your credit history, your income, and any potential debt or liabilities you might have. … read full answer

Tips for Getting a Higher Citi Simplicity® Card Credit Limit

1. Watch your utilization. If you already have a credit card, try to use just a fraction of your available credit. You should keep your credit utilization ratio at 30% or less. This will show Citi you’re not desperate.
2. Make more & spend less. Income and assets are a high credit limit’s friends. Lots of existing debt is not.
3. Wait if you need to. This credit card requires excellent credit for approval, for one thing. So, if you need some time to get your financial house in order before applying, take it.

If you get the card but not the credit limit you want, don’t worry too much. You can always ask for an increase later on. I’d wait at least 6 months, assuming you pay your bills on time.

The Citi Simplicity Card minimum payment is any past-due amount plus $20, 1% of the statement balance plus any interest and fees, or 1.5% of the statement balance – whichever is higher. If the statement balance is less than $20, the Citi Simplicity Card minimum payment will be equal to the balance. In addition, if you recently missed a payment or exceeded your credit limit, Citibank may add a late fee or the overlimit amount to your minimum payment.… read full answer

The minimum payment is the smallest amount you’re obligated to pay by the due date for your Citi Simplicity Card account to be in good standing. Your credit score will take a hit if you miss multiple minimum payments.