Is the Citi Diamond Preferred Card hard to get? Yes, it is hard to get the Citi® Diamond Preferred® Card because it requires at least good credit for approval. Unless your credit score is 700 or higher and you have a lot of income, it will be difficult for you to get approved for the Citi Diamond Preferred.
The credit limit on a Citi Diamond Preferred card is $500 or more, with some cardholders reporting $10,000+ starting credit limits. Citibank will determine your specific credit limit based on factors such as your credit history, annual income, and any debt you owe.
The Citi Diamond Preferred card is an excellent choice if you need to pay down a balance from another credit card. This no-annual-fee card offers a lengthy intro APR on qualifying balance transfers, a competitive intro APR for new purchases and a relatively low ongoing APR for cardholders with good to excellent credit.
The most difficult Citi card to get is the Costco Anywhere Visa® Card by Citi, since it's their only consumer card that requires excellent credit to qualify. You also need to join Costco if you're not already a member and earn enough income to afford monthly payments on the card.
Citi Strata Premier℠ Card
If you'd like to learn more about how we rank our cards, explore our ranking methodology here.
Citi's Relationship Tiers are Citi Priority, Citigold, Citigold Private Client. Only customers who own an eligible deposit account (see EDI) are eligible for Relationship Tiers.
A credit score of 670 or greater is recommended when applying for the Citi® Diamond Preferred® Card, but scores in the excellent credit tier of 740 or higher have the best shot. Credit score requirements aren't hard and fast.
Citi® Secured Mastercard® is an option for customers with little or no credit history and can help you build your credit when used responsibly.
In essence, the Diamond Preferred is likely ideal for balance transfers, while the U.S. Bank Visa Platinum is a good option for funding large, upcoming purchases.
The Citi Diamond Preferred Card is not a suitable choice for cash back or rewards hunters. It won't help you get into a fancy airport lounge or provide you with cellphone coverage.
High-limit credit cards generally come with credit limits of $10,000 or more. Of course, what's considered a high credit limit will vary depending on a person's credit history, income and the card they're interested in, among other factors.
The Citi Diamond Preferred card requires applicants to have good credit or better to be approved, and guarantees a credit limit of at least $500. You could receive a credit line much higher than the minimum, as long as you have a good enough credit score and sufficient disposable income.
The bottom line. The Citi Diamond Preferred is a solid balance transfer credit card option for those who want to avoid paying an annual fee.
Citi does not limit the number of cards you can have, but it does limit the number of cards you can apply for (and be approved) within a specific period of time. You can only apply for one card every 8 days, and no more than two over a 65-day period.
Yes, it is hard to get the Citi® Diamond Preferred® Card because it requires at least good credit for approval. Unless your credit score is 700 or higher and you have a lot of income, it will be difficult for you to get approved for the Citi Diamond Preferred.
The best credit card overall is the Wells Fargo Active Cash® Card because it gives 2% cash rewards on purchases and has a $0 annual fee. For comparison purposes, the average cash rewards card gives about 1% back. Cardholders can also earn an initial bonus of $200 cash rewards after spending $500 on purchases...
Based on FICO® Score 8 model.
The Citi® Diamond Preferred® Card* is a no-annual-fee credit card that includes an exceptionally long intro APR offer on balance transfers, making it one of the top balance transfer credit cards on the market.
It's generally recommended that you have two to three credit card accounts at a time, in addition to other types of credit. Remember that your total available credit and your debt to credit ratio can impact your credit scores. If you have more than three credit cards, it may be hard to keep track of monthly payments.
The Citi Secured Mastercard is the easiest Citi credit card to get because it's the only Citi card that will accept applicants with limited credit (less than 3 years of credit history). The Citi Secured card requires a $200 refundable security deposit, but it has a $0 annual fee.
Key takeaways. Closing a bank account won't hurt your credit, as long as your account is in good standing. If you have a negative balance with the bank, you'll want to resolve that balance before closing the account.