Ask Terry Questions Citi Diamond Preferred

Citi Diamond Preferred

By Terry Savage on March 05, 2024 | Credit/Debt

Is this credit card a good tool to get out of credit card debt?

Terry Says

This is a balance transfer card — with zero interest for 21 months.
It will only work if you can discipline yourself to pay off that balance by at least doubling the minimum monthly payment that would have been required on your most recent bill — and paying double that minimum every single month.

AND, put the old card away. Don’t charge another penny on it!!

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