Citi secured credit cards provide many benefits. There are no annual fees, flexible payment due dates and 0% APR. Other cards have no responsibility for fraudulent purchases. Continue reading to find out more about these cards, and how they could benefit your financial future. A credit card that doesn’t help build credit is not something anyone wants.
There is no annual charge
Citi Secured Mastercard can be used worldwide at millions of locations. It is suitable for people with bad credit, limited credit, or none at all. Cardholders have the option to pay no annual fee and can concentrate on building their credit score and making on-time payment.
Citi Secured Mastercard comes with no annual fee. This card is an excellent way to get started building your credit history. It automatically reports to the three major credit bureaus monthly and provides free online access to your FICO score. The card can be used anywhere and there is no annual fee.
Flexible payment due dates
Citi credit cards come with flexible payment dates, so if your monthly payments are difficult to make, they may be a solution for you. These cards allow you to be flexible in your payment schedule and help you build credit history. 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.
A card that reports your spending and payments to credit bureaus is another perk. You can improve your credit score and build good credit. Be careful: If you aren't careful, your credit history can be destroyed by not paying your bills on time or using the card to make large purchases. You should also avoid maxing out your credit card, as it can severely impact your credit score.
Fraudulent purchases are not subject to 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. Zero liability policies vary among issuers and are explained on the issuer's website. You can also call the company directly if you suspect your account has been abused. Many cards offer 24-hour monitoring and allow you to determine if a fraudulent charge has been made. You may also be able send secure messages and texts to confirm purchases. However, if you don't verify a payment within sixty days, the full amount may be due to you.
Another benefit of a Citi credit card is the flexibility in payment due dates and 24/7 customer support. Citi credit cards are free from liability for unauthorised purchases. Citi Identity Theft Solutions is available to assist you with identity theft. Citicards also regularly monitor your account for fraud and notify you if there is any suspicious activity.
0% APR
A Citi secured credit credit card with 0% APR Citi can help you rebuild your credit rating if you've ever had credit problems. You'll need to deposit $200-$2,500. It is refundable if it isn't used. You also get a user-friendly app 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 check your credit history and report your account activity to the credit bureaus, which can help you get better interest rates. However, you must apply for the card online, so it takes about four weeks to get a decision. You will need to wait seven to 10 business days until you receive your decision.
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 does not have an annual fee. It also has standard APR rates. It also comes with a contactless card payment chip that speeds up transactions. It also offers special deals for travel, dining and entertainment. It offers many benefits, even though it isn't the best card. There is no annual fee. The cash back program can be quite generous but can easily add up to a considerable amount each year. The only real downside of the card is the fee for foreign transactions.