Citibank Secured Credit Card Review


Citibank is one of the largest banks in the world, and they offer a wide range of products and services. They’re also a reliable source of credit, which is why we recommend them to many of our readers. In this Citibank secured credit card review, we’ll take a look at what makes this card so great and how it can benefit you. We’ll also discuss the limitations and points to consider before applying. So if you’re looking for a reliable and reputable credit card, be sure to check out Citibank!

Citibank Secured Credit Card Overview

If you’re looking for a secured credit card that offers a good combination of rewards, rewards redemption ease and low interest rates, the Citibank Secured Credit Card is worth considering.

This card features a 2% cash back rate on all purchases, which is higher than many other secured cards. Plus, there are no annual fees and no foreign transaction fees. And if you ever lose your card or it’s stolen, Citibank will replace it free of charge.

One downside to this card is that it doesn’t offer much in the way of flexibility when it comes to rewards redemption. You can only redeem your points towards travel expenses or shopping at participating stores. However, the card does come with 24/7 customer service support so if you have any questions or problems, you can always reach out.

How Citibank Secured Credit Cards Work

How Citibank Secured Credit Cards Work
If you’re looking for a secured credit card, Citibank is a good option. In general, secured cards require a down payment and an initial deposit to secure your account. After that, you must make regular payments on your balance in order to keep your account open.

Citibank’s secured cards come with a few nice features, such as:
-No annual fees
-Access to exclusive benefits, like travel insurance and cash back rewards
-24/7 customer service
You’ll need to meet certain requirements in order to be approved for a Citibank secured card. These include having a good credit score and having no outstanding debts with other lenders.

Pros and Cons of the Citibank Secured Credit Cards

Pros and Cons of the Citibank Secured Credit Cards

If you’re looking for a secured credit card, Citibank has some great options. The Citibank Secured Credit Card offers a 0% introductory APR for the first 12 months, then a variable APR between 14.24%-23.99%. As long as you keep your monthly minimum payment up to date, you’ll avoid any late fees or penalty rates. There are also no annual fees associated with this card.

However, there are some downsides to consider before applying for one of these cards. First of all, the minimum required deposit is $500, so if you don’t have that much cash saved up already, this might not be the right option for you. Additionally, the card doesn’t offer any rewards or bonus points like some other secured cards do. Finally, while the interest rate is low initially, it can quickly increase if you don’t pay your bill on time. So if you’re worried about being able to afford your debt payments in the long run, consider another secured credit card option before applying for this one.


If you want a secured credit card that offers good rates and benefits, Citibank is a strong choice. The bank has a good history of providing excellent customer service, making it easy to get in touch if you have any problems or questions. And its rates are very reasonable – especially when compared to other secured credit cards on the market. Overall, Citibank is an excellent option for anyone looking for a secured credit card.