The Citi Simplicity® Card is the number one balance transfer credit card on the market today according to Creditnet.com, which made it it's Editor's Choice credit card for December.

San Diego, CA (PRWEB) - November 20, 2012

Creditnet.com announced that the Citi® Simplicity Card will be their editor's choice credit card for the month of December. Regarded for its 18 month 0% APR on purchases and balance transfers, Creditnet considers the Citi® Simplicity Card as the number one balance transfer credit card on the market today.

The 18 month promotional period in which consumers are charged 0% interest on all purchases and balance transfers is one of the best of any credit cards available today. However, there were several factors that Creditnet considered when determining the Simplicity card from Citibank as their Editor's Choice credit card for December, including:

-No late fees. The Citi Simplicity® Card sets itself apart from other top credit cards on the market because it does not charge late fees. Other credit cards charge as much as $35 or more per late fee.

-No APR penalties. The Citi Simplicity® Card is also the most forgivable credit card on the market when it comes to penalty APR's. Cardholders will not see any change in their APR after making a late payment. (However, cardholders should be aware that they may become ineligible for the intro period promotion after making a late payment.)

-No annual fee. So long as you pay your balance in full each month, the Citi Simplicity® Card is essentially free to carry in your wallet since there's no annual fee.

Overall, this balance transfer credit card is absolutely one of the best. The fees are minimal and you simply won't find another credit card with a longer 0% intro period. Creditnet recommends any consumers in the market for a balance transfer credit card consider the Citi Simplicity® Card. It's one of the most simple credit cards to use and you'll love 0% interest for up to 18 months.

For all these reasons, the Citi Simplicity® Card is Creditnet's Editor's Pick for December.