| Any time, any reason; universal default |
We will not voluntarily increase your rates and fees or change other terms of your card agreement until your card expires, typically in two years. |
We will not voluntarily increase your rates and fees or change other terms of your card agreement until your card expires, typically in two years. |
| Average daily balance or two-cycle? |
Average daily balance (including new purchases). |
Average daily balance (including new purchases). |
| Late fee range |
$15 on balances up to $100; $29 on balances of $100 up to $250; $39 on balances of $250 or more. |
$15 on balances up to $100; $29 on balances of $100 up to $250; $39 on balances of $250 or more. |
| Overlimit fee |
$39. |
$39. |
| Balance transfer fees: % of amount; minimum and maximum |
3% of each balance transfer; $5 minimum. |
3% of each balance transfer; $5 minimum. |
| Cash advance fees: % of advance; minimum and maximum |
3% of each advance; $5 minimum. |
3% of each advance; $5 minimum. |
| Payment related fees: phone, express |
Phone: $14.95 with a person. |
Phone: $14.95 with a person. |
| Other fees (annual, returned check, etc.) |
Annual: $0
Returned check: $39
Wire transfer: NA
Statement copy: 10 or more copies are $3 per request |
Annual: $0
Returned check: $39
Wire transfer: NA
Statement copy: 10 or more copies are $3 per request |
| Grace period |
At least 20 days. |
At least 20 days. |
| Introductory rate for purchases and balance transfers |
Purchase and balance transfer: APR 1: 0% for 12 months; APR 2: 0% for nine months; APR 3: 0% for six months. Citi's APRs are based on creditworthiness. |
Balance transfer: APR 1: 0% for 12 months. APR 2: 0% for six months; APR 3: 0% for six months. |
| Default APR range |
Default APR: 29.99% variable. All default APRs equal the greater of (1) the prime rate plus up to 23.99% or (2) up to 29.99%. |
Default APR: 29.99% variable. All default APRs equal the greater of (1) the prime rate plus up to 23.99% or (2) up to 29.99%. |
| How payments applied to balance? |
Payments will be applied to balances with lower APRs before balances with higher APRs. |
Payments will be applied to balances with lower APRs before balances with higher APRs. |
| How is interest rate set? |
For each billing period we use the prime rate published in The Wall Street Journal two business days before the statement/closing date. |
For each billing period we use the prime rate published in The Wall Street Journal two business days before the statement/closing date. |
| Minimum payment charge |
1.5% if there is a 0.00% APR. 1% when the APR is greater than 0% plus fees plus interest. |
1.5% if there is a 0.00% APR. 1% when the APR is greater than 0% plus fees plus interest. |
2009 Credit Card Study
