MASTERCARDMastercard World
Citi® Diamond Preferred® Card
- Annual Fee
- $0
Terms checked against the issuer on October 10, 2026
At a Glance
- Annual Fee
- $0
- Foreign Transaction Fee
- 3%
- Network
- Mastercard World
- Credit Required
- Good to Excellent
Earning Rates
- 0X
All Other
This card does not earn rewards - designed for balance transfers and low intro APR
Benefits & Perks
Insurance & Protections
3 protectionsZero liability for unauthorized charges
You are not liable for fraudulent or unauthorized charges made on your card.
Credit file monitoring and fraud alerts
Monitor your credit file for suspicious activity with alerts for new inquiries, address changes, and accounts.
Zero Liability on unauthorized transactions
You won't be held responsible for unauthorized transactions made in store, online, or via mobile device.
Reviews & Analysis
Pros and Cons
Pros
- +0% intro APR for 21 months on balance transfers (completed within 4 months) and 12 months on purchases
- +No annual fee
- +Access to Citi Entertainment for event presales
Cons
- -Balance transfer fee applies: 3% ($5 minimum) in the first 4 months, then 5% ($5 minimum)
- -3% foreign transaction fee
- -No purchase protection or extended warranty benefits
- -Limited value after promotional period ends
- -Earns no rewards - no points or cash back on purchases
Who It's Best For
Best For
- Those needing to transfer and pay off high-interest debt
- People consolidating multiple credit card balances
- Borrowers who can pay off debt within the 0% intro APR period
Not Ideal For
- Anyone seeking rewards - this card earns none
- Those seeking travel perks or elite status
- International travelers (3% foreign transaction fee)
- People looking for purchase protection or extended warranty (Citi's page lists neither)
Details & Terms
Payment Terms
| Purchase APR | 16.74%–27.49% (Variable) |
| Cash Advance APR | 29.99% (Variable) |
| Foreign Transaction Fee | 3% |
Media & Resources
Card Design
Evidence Sources
| Source | Verified | Citation |
|---|---|---|
| CardRatings | — | CardRatings |
| RewardsCC API | RewardsCC API: Multiple card facts | |
| Issuer Page | Issuer Page: Multiple card facts | |
| Citi | Citi |