What Are Some Features of the Citibank MasterCard?


Quick Answer

As of 2015, the Citi Simplicity MasterCard features no annual fee for its consumers and a 21-month introductory APR of a zero percent on balance transfers and purchases, explains Citigroup. Another feature this card offers is no late fee or penalty rate. Citibank MasterCard' features vary by card.

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Full Answer

Citi Simplicty MasterCard holders can also access the worldwide car insurance coverage on vehicle damage or theft for any rental car, reports Citigroup. At the end of the introductory APR period, the interest rate ranges from about 13 percent to just under 23 percent based on credit. Cardholders also have the option to change their due dates. Consumers can also take advantage of the travel assistance feature to receive legal referrals when traveling abroad.

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