Citi and due dates (mini-rant)

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CarefulBuilder14
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Citi and due dates (mini-rant)

Postby CarefulBuilder14 » Mon Aug 29, 2016 2:38 pm

I'm trying to move all my cards to a single due date (that is, change the 2016 cards to match the older ones), but Citi is making it difficult.

The schedule Citi is giving me for Prestige is:
1st: Good
2nd through 12th: Bad
13th through 17th: Good
18th or 19th: Bad
20th through 24th: Good
25th or 26th: Bad
27th or 28th: Good

What the heck is going on? I can understand why they might need to change the due date to avoid weekends on some months, or wait a month or two for the new due date to kick in, but why not just let a customer pick the ideal date now, rather than making the customer wait another month until the calendar is in alignment with the customer's plans? Whoever designed that payment calendar is either an astrologist or an a**hole.

I picked a slightly-less-than-ideal due date, but it says it will still need 2 months to go into effect. If it takes two months, anyway, why not just give me the date I want?

And for AA Platinum, they won't let me change it at all.
Love: IHG, Platinum, Sallie Mae, AA Plat, CSP
Like: Discover, ED, BCE, Hyatt, Arrival, Freedom
Might drop: BrooksBros, Prestige (Costco PC?)
Might add: Proper business card, CSR, Ritz, Delta Gold
Letting new accounts cool off since May
Really not sure what I'll add next or when


Tubpbs
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Re: Citi and due dates (mini-rant)

Postby Tubpbs » Mon Aug 29, 2016 5:16 pm

CarefulBuilder14 wrote:I'm trying to move all my cards to a single due date (that is, change the 2016 cards to match the older ones), but Citi is making it difficult.

The schedule Citi is giving me for Prestige is:
1st: Good
2nd through 12th: Bad
13th through 17th: Good
18th or 19th: Bad
20th through 24th: Good
25th or 26th: Bad
27th or 28th: Good

What the heck is going on? I can understand why they might need to change the due date to avoid weekends on some months, or wait a month or two for the new due date to kick in, but why not just let a customer pick the ideal date now, rather than making the customer wait another month until the calendar is in alignment with the customer's plans? Whoever designed that payment calendar is either an astrologist or an a**hole.

I picked a slightly-less-than-ideal due date, but it says it will still need 2 months to go into effect. If it takes two months, anyway, why not just give me the date I want?

And for AA Platinum, they won't let me change it at all.


That's pretty weird. I would say I have no direct insight into this, but wouldn't them all being due within a week or so of each other be good?
Amex - BCP, Platinum, Business Gold
BoA - BankAmericard Cash Rewards
Chase - Freedom, CSP, RC, Ink Plus
Citi - DC, Prestige
Discover - It

Kevin86475391
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Re: Citi and due dates (mini-rant)

Postby Kevin86475391 » Tue Aug 30, 2016 12:21 am

Hmm, to be honest I don't really understand this problem due to the way I handle my bills, but I'm quite curious about it and wonder if I'm missing something.

I PIF my credit cards/pay all my bills weekly (just my personal preference) so I've always utterly disregarded all due dates because even if I happen to skip a week or two I'm still at least 2 weeks early on everything and generally have at least 3 or 4 payments for more than the minimum in on a credit card every month. So that said, maybe I legitimately just don't understand how this works, but I've always assumed that if your due date is say the 9th and you want to pay all your bills on the 12th then all you have to do is pay the minimum by the 9th then immediately pay the minimum or more again on the 12th and from then on after that first month you could always just pay the minimum or more on the 12th and you'd be golden, because in essence you'd be like 27 days early every month. Is that not how it works? Or is it just that you'd object to being super early every month? I know that's something some people don't like, but I've never really seen the big deal with being early personally. Since we're talking about a time interval of less than a month, and thus not enough time to invest in anything more lucrative, realistically at best all that money's likely to be doing is sitting in a savings accounts (or even a non-interest bearing checking) and unless someone's spending thousands upon thousands on their credit cards all we're talking is less than a dollar or two of lost interest at current rates by paying early.

Anyway, I can see how it's annoying that Citi won't work with you to adjust the due dates, but I don't understand (probably my own ignorance) why you can't just pick whatever day in the month you want to pay your bill and do it as long as you pay that first bill early enough to make your due date, double up on payments on that first month (so I guess leave at least enough on the balance to make a minimum payment or more the second time), then stick with that date every month from then on regardless of due date.

I'm really curious if I'm missing something though.



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