There are many benefits to having a Citi secured credit card. You get no annual fee, flexible payment dates, and 0% interest. Some cards do not carry any liability for fraudulent purchases. Learn more about these cards to learn how they can help you build your financial future. No one wants a credit card that doesn't build credit.
No annual fee
The Citi Secured Mastercard is a no-frills card that can be used at millions of locations worldwide. It is suitable for people with bad credit, limited credit, or none at all. Its no-annual-fee option allows cardholders to focus on making on-time payments and building their credit score.
Citi Secured Mastercard doesn't have an annual charge and can be used to help you build credit. It reports to all three major credit bureaus each month, and allows you to access your FICO score online for free. The card is accepted worldwide and does not have an annual charge.
Flexible payment due dates
Citi credit cards have flexible payment due dates and are great for those who have trouble paying their monthly bills. These cards can give you more flexibility when it comes to how you pay. They also help you build your credit record. In addition, you can set up Auto Pay to pay your bill automatically, so you don't have to worry about missing a payment date.
The card reports your spending to the major credit bureaus. This allows you to build credit and improve your credit score. Pay attention: You can damage your credit history if you miss a payment or use it for large purchases. Also, don't max out your card because this will seriously hurt your credit score.
For fraudulent purchases, there is no liability
If you're concerned about the possibility of getting charged with fraud, it's a good idea to have a credit card with zero liability for fraudulent purchases. There are many different zero liability policies, and each one is explained on the issuer’s site. If your account is suspected of being misused, you can contact the company directly. In addition, many cards provide 24-hour monitoring and have parameters for determining if a charge is fraudulent. You might be able to get secure messages or text messages asking you for confirmation purchases. However, if you're not able to verify a charge within sixty days, you may be responsible for the full amount.
A credit card that has zero liability for fraudulent purchases also offers other benefits, such as the flexibility of payment due dates or 24/7 customer service. Another advantage of a Citi credit card is its zero liability for unauthorized purchases. Citi Identity Theft Solutions is available to assist you with identity theft. Citi cards also monitor your account for suspicious activity and contact you if any are detected.
0% APR
A Citi secured credit cards at 0% APR are great for people with bad credit histories. You will need to make a deposit between $200 and $2,500 to get the credit card. This amount can be refunded if you decide not to use it. There are many other benefits, such as a mobile app that is easy to use and flexible payment terms. Although a secured card doesn't earn rewards, it is a great option for those with a poor credit history or limited credit history.
Citi will examine your credit history, and report on account activity to the credit bureaus. This can help with getting better interest rates. Online applications are required to apply for the card. This can take around four weeks. Your decision will be received within seven to ten working days.
No foreign transaction fee
Citi Secured Mastercard offers excellent credit building and comes with no annual fees. To get the card, you need to make a $200 security deposit. The card has a credit limit of $2,500. The only fees on this card are balance transfer fees of 3% of the amount you transfer, and a 3% foreign transaction fee.
Citi Secured Mastercard is free of annual fees and has standard APR rates. For faster transactions, it comes with a contactless chip payment. It offers exclusive offers on travel, dining, and entertainment. Even though it's not the best credit card with no annual fee, it offers many benefits. Its cash back program is modest but it can add up to a substantial amount each year. Foreign transactions are the only downside to the card.