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Debt is an American reality for many families. The average family lives with more than $16,000 in credit card debt alone. That’s substantial when you take into account how many other debts the average family carries. A mortgage payment, car payments, and more are almost always a reality for American families, which leaves many families with little more than worry and stress waiting for their next paycheck to come in. Living paycheck to paycheck is a reality for so many families, which is why they want to find a way to pay off their debt and live more comfortably. With so many debt consolidation and credit repair options available, many consumers forget just how simple it is to pay off their debts when they minimize or eliminate interest payments all together.

The Citi Simplicity Card from CitiBank is a great option for families who have credit card debt. It’s the kind of card that provides consumers with the opportunity to get out of debt as quickly as possible for as little money as possible. It’s a great solution, and it’s something consumers should consider if you have the credit to qualify for a card like this. It’s free to apply for, your debt repayment is just your debt and no interest, and you don’t have to get another loan, increase your debt, or hire anyone who charges expensive rates to fix your credit for you. It’s a great way to help you get over what’s dragging you down.

Citi Simplicity Review

There are many amazing features to this card, and it’s just as simple as it states. That’s what great about this card. It’s not a frilly or fussy card, but it’s what you need to help you pay down your debts as quickly as possible. All new customers have 21-months to pay off their balance transfers without paying interest. That’s 21-months of a 0% APR rate. There is no credit card on the market with the same or a longer introductory period.

There are other perks, too. They include, but are not limited to, the following:

  • No annual fee – ever
  • Balance transfer fee is only 3% or $5, whichever is more
  • There are no late fees

The perk of this card is getting to pay off debts faster and for far less money. You also pay no annual fee, which makes this card entirely free if you never pay interest. No one cares to pay annual fees for a card just to carry it around when they’re already paying interest, so this is a perk for all. If you are worried about late fees, this card doesn’t charge them or raise your rates if you accidentally forget to make a payment on time one month.

The Downfalls

Some people are unhappy with this card because there is no reward program. With the $0 annual fee, no late payments, and the ability to pay off debts for 21-months free of charge, there’s little to complain about. This is not a card for someone who uses their card so much as they want to pay off debts they’re currently paying interest on. It’s a simple card, as the name implies.

How to Use This Card Correctly

There are thousands of articles on the internet telling you to get a card with no interest to pay off your debts, but few of them delve into how important it is to use a credit card correctly. This is a new chance for you to start over, get out of debt, and change your life. Here’s how to do it the right way from the start.

  • Transfer your entire balance and pay it off before the introductory period ends
  • Use your card but pay it off in full each month
  • Schedule your payments each month to avoid late payments
  • Keep your revolving balance below 30% of the available credit on this card
  • Monitor your card usage for fraud or questionable charges each month

This card is not for those who want to earn rewards and use their card for cash back or other perks. There are none, but it’s a great card for anyone who needs a little push getting out of debt and staying there. You can use this card to rebuild your credit score if it’s suffered a bit as your debt increased. Before you apply for this card, ask yourself if it’s the right card for you. Compare it to the other cards you are considering and see which one might benefit you the most, which one will help you out the most, and which one you feel is the best for you. This is a great card for consumers, but it’s not the right credit card for everyone.