If you are currently paying through the roof in interest on your current credit card, then consider the Citi Clear card. It comes with a 55 day interest free period on all purchase, thereafter it reverts to an impressive standard on going rate of 15.99% p.a. on purchases! If you spend regularly on your current credit card then consider switching now.

The Card’s Best Features

The Citi Clear credit card is fantastic value for money! As mentioned earlier, the interest rate on purchases is 15.99% p.a. Couple this with the low annual management fee ($65 p.a.) and you have one the cheaper credit accounts on the market.

Citibank’s Clear card is more than just a cheap credit card, however. It also offers all cardholders exclusive access to Visa’s Entertainment Club for the best discounts and VIP access to events across the globe. And that’s not all, owning a Citi Clear credit card also gets you access to Citibank World Privileges where you can save money on shopping, travelling and dining experiences.

If you have been stung in the past from poor credit card security, then fear not! Citibank uses the latest technology to protect your identity and your money. It comes with FraudShield Protection, which takes a proactive stance on fraud and account security whereby Citibank will actively monitor your account to look for any out-of-the-ordinary transactions or behaviour and contact the cardholder if they have any suspicions.

Citibank also offer free emergency card replacement, and 24/7 customer service support should you need to contact them in a hurry.

Are There Any Drawbacks?

Despite a cheaper than average purchase rate, the interest Citibank Clear balance transfer offer, or lack of one, could put off those of you looking to save money by transferring balances from an existing credit card. Cash advances are fairly expensive, with an interest rate of 21.74% p.a., which is fairly standard compared with the rest of the market.

Who Would be Suited?

If you’re looking for your first credit card, then the Citi Clear account could be the one for you. The purchase interest rates are low, and the annual management fee isn’t that high (although there are plenty of no annual fee cards available). It would also suit those of you who spend regularly on credit cards and find yourself paying off the interest months after the purchase.

Who is Eligible?

If you are earning $25,000 or more and are over the age of 18, then you’re in luck. It should also be worth noting that additional cardholders only need to be 16 or older if you are looking to add extra people to the account.

Conclusion

The Citi Clear credit card gives you the best of both worlds. Not only does it offer competitive standard interest rates and low annual fees, but it also comes with a great range of additional benefits including access to Citi and Visa’s members-only discount club. If you’re looking for your first credit card or simply want to switch providers then check out what Citi have to offer – it could end up saving you a lot of money.