Do you want to apply for a new credit card? One of the most important things that you need to consider is the fees when you use it. Most credit cards from banks will charge you late fees when you pay after the due date. This is normal. But you can also avoid paying the late penalty if you will apply for a card from Citibank.
Credit Cards Without Late Charges
One of the best things about Citibank credit cards is you can choose from different types based on your needs. In this case, if you do not like to pay late fees, you may apply for one of their cards called Simplicity.
This card will not charge you any penalty for paying late beyond the deadline or due date. Sound good? Yes, because you can save that money for other uses.
One catch however is that you will still incur interest charges after the due date. This is the usual minimum of 3.5% interest charge as of this writing. You will be charged similar on a per day basis in the whole month that you did not pay in full on the due date.
How to Apply for Credit Card from Citibank
You can always apply from online channels of the bank. However, it is important that you meet the basic requirements in applying for credit cards in the Philippines.
Some of these requirements include but not limited to being 21 years old of age, has a stable income, say for example Php 250,000 annual salary or if you already have an existing credit card from other banks.
How To Check My Citibank Application for Credit Card
You can always ask for an update on credit card application by calling them. This ensures that your application is being processed. We suggest that you call the Citibank customer contact phone number at 995 99 99. You may need to add 8 in the beginning.
Credit Limit of Citi Simplicity Card
Your credit limit will depend on your account status. In our example, the credit limit if Php 210,000. This is because of the on time payments for the card and other good standing factors. You may request for an additional credit limit when you call the bank.
Other Benefits of Simplicity Credit Card from Citibank
You will also enjoy no over limit fees, meaning even if you spend more than you credit limit, you will not be paying any charges.
Moreover, you can use the credit card in any stores that accept Visa card.
How to Protect Citibank Credit Card Account
The bank offers you an app where you can protect your transactions. This app requires you a PIN for transactions so only you can use it. You may also lock the credit card using the app if it gets lost or stolen.
Citibank Simplicity Credit Card Promos for 2020
As of the moment, you can check out the bank’s offers for this year when you visit the website. However, you will still enjoy the great features of the card without having to pay more on fees and penalties
You can use the card to pay bills such as Maynilad, PLDT, Globe, Smart, Sun Cellular, Meralco, Manila Water, Sky Cable, Cignal and more.
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