09-05-2012 12:13 PM
I applied for this card today, but have not yet received a response. Citi Customer Service said they report to all three agencies, so it seems like a pretty good card for rebuilding credit. I'm hoping I qualify!
Card Details I found on other websites:
18 month 0% introductory APR on balance transfers and purchases.
12.99% to 21.99% variable APR after intro, based on credit scores.
Secure number different from card number available for shopping online.
No annual fee.
No late fees.
23 day grace period.
3% balance transfer fee.
No penalty interest rate.
Credit Score Approval Data: Average approved--731, Lowest approved--611.
09-05-2012 12:17 PM
If you are rebuilding credit, I do not think this is the card for you. Citi Simplicity is for those who needs to do BT. Because it is a no fee CC (and generous term), its approval criteria is substantially higher than any other CC.
09-05-2012 12:17 PM
All CCs report to all 3 CRAs that I know unless there's some strange one that doesn't. Citi Simplicity isn't for rebuilding. I'm not sure what your credit report or FICO look like. But citi has pretty high standards for approval. Cap One has some rebuilder cards, if thst's what you're needing to do. Or local CUs will sometimes help people get a decent CL cc to rebuild.
09-05-2012 01:21 PM
The Slate card has no BT fee, Simplicity has 3% BT fee it's kinda like Discover IT.
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