Joshua Heckathorn

Citibank finally "got the memo"—credit card users hate fees! In response, they've given us the Citi Simplicity Card, which is definitely the best credit card on the market right now for those that have a severe aversion to fees, want a 0% interest credit card, and like to keep their finances simple. Here are my top 4 things to love about the new Citi Simplicity Card:

The American Express Prepaid Card hit the market in 2011 and garnered a great deal of attention since it had a very low fee structure compared to competing prepaid debit cards. Unfortunately, the card offer was quickly criticized by a lot of consumers as well because it lacked a key component— the ability to direct deposit paychecks onto the card. For consumers without bank accounts who might have been interested in the American Express Prepaid Card because of its low fee structure, the inability to set up direct deposit from their employers was often a total deal killer. Amex's $200 limit on ATM cash withdrawals wan't that appealing to potential cardholders either.

There's a lot of confusion among consumers about whether writing ‘See ID” on the back of a credit card is a smart move. I can certainly understand why, since there's a great deal of conflicting information available on the web. While it’s tough to prove this practice will actually prevent identity theft, I personally find it hard to believe it hurts. However, as far as Visa and Mastercard are concerned, a credit card is technically not valid unless it's signed. Merchants are even instructed to not accept credit cards without signatures.