Citi secured credit card has many benefits. There are no annual fees, flexible payment due dates and 0% APR. Others offer no liability for fraudulent purchase. Find out more about these credit cards and how they may benefit your financial life. No one wants a credit card that doesn't build credit.
No annual fee
Citi Secured Mastercard, a card with no fees that can be used in millions of places around the world, is the Citi Secured Mastercard. It's suitable for people with low credit scores, bad credit, and no credit. The cardholders are free to make on-time payments and build their credit score.
Citi Secured Mastercard doesn't have an annual charge and can be used to help you build credit. It also reports to all three major credit bureaus every month and gives you free access to your FICO score online. It is accepted all over the world and doesn't require an annual fee.
Flexible payment due dates
If you're having trouble making your monthly payments, you may want to consider a Citi credit card with flexible payment due dates. These cards offer you flexibility in how you pay and can help you build your credit score. Auto Pay can be set up to automatically pay your bill so you don’t have to miss a payment.
Another perk of the card is that it reports your payment and spending activity to the major credit bureaus. That means you can build a good credit score and raise your credit score. But beware: if you're not careful, you can ruin your credit history by missing a payment or using it to make large purchases. Your credit score will be seriously affected if you max out your card.
False purchases not covered by $0
A credit card that has zero liability for fraudulent purchases is a great idea if you are concerned about fraud charges. Different issuers have different zero liability policies. These are described on the website of each issuer. You can also call the company directly if you suspect your account has been abused. In addition, many cards provide 24-hour monitoring and have parameters for determining if a charge is fraudulent. You may also be able send secure messages and texts to confirm purchases. However, if you're not able to verify a charge within sixty days, you may be responsible for the full amount.
Other benefits of having a credit card with zero liability for fraudulent purchases are the flexibility of payment due dates and 24/7 customer service. Citi credit cards also offer zero liability for illegal purchases. The company also offers free identity theft assistance with the Citi Identity Theft Solutions, which can help you if your identity is stolen. Citi cards can also be used to monitor your account and notify you of suspicious activity.
0% APR
If you've had credit problems in the past, a 0% APR Citi secured credit card can help you rebuild your credit score. You'll need to deposit $200-$2,500. It is refundable if it isn't used. There are many other benefits, such as a mobile app that is easy to use and flexible payment terms. A secured card does not earn rewards but it's a great choice for people with poor credit or limited credit histories.
Citi will inspect your credit report and report account activity, which could lead to lower interest rates. Online applications are required to apply for the card. This can take around four weeks. After you have received your decision, it will take seven to ten days for your card to be sent to you.
No foreign transaction fee
Citi Secured Mastercard offers excellent credit building and comes with no annual fees. You only need to deposit $200 in security deposits to obtain the card. The card comes with a credit limit of up to $2,500. There are no fees for this card. The balance transfer fee is 3% of the amount transferred and a 3% foreign transaction fees.
Citi Secured Mastercard does not have an annual fee. It also has standard APR rates. You can make faster transactions with the contactless payment chip included in the Citi Secured Mastercard. It also has exclusive offers for dining, travel, and entertainment events. Even though it's not the best credit card with no annual fee, it offers many benefits. Its cash-back program is small, but it can cost you a lot each year. The card's only problem is the foreign transaction fee.