Citi to start trolling for more CC customers

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jeffysdad
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Citi to start trolling for more CC customers

Postby jeffysdad » Tue Sep 20, 2011 12:15 pm

WSJ article today (9/20/11) says Citi is done licking its wounds from CC losses suffered during the last meltdown and is in the hunt for more customers to catch up with Chase, et al. Company is mounting a major mailbox blitz, WSJ said.

If you get a come-on and happen to want a Citi card, I suggest calling them up and making them work for your business. The article did make the point that the bank is trying to target affluent revolvers. So if you have a really low credit score or don't revolve, which in both cases makes you a "deadbeat," you might not be hearing from Citi.

Same article made point that Citi, Chase and others are trying to steer customers to credit from debit because of recent fee caps on debit transactions.
American Express: Blue Cash Preferred (groceries, 6%; gas, department store, 3%); Gold Delta SkyMiles (Delta Air Lines, 2 miles/dollar, free checked bag).
US Bank: Cash+ (utilities, phone, internet, restaurant, 5%; drugstores, 2%).
FIA Card Services: Fidelity Amex (everything, 2%); Fidelity Visa (everything, 1.5%).
Chase: Freedom (rotating, 5%); Amazon (Amazon.com, 3%); PriorityClub (IHG hotels, 5 points/dollar); Sapphire (not in use).

*All cards are registered with PriorityClub IDine program for 8 points/dollar at participating restaurants.


FutureBillionaire
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Postby FutureBillionaire » Tue Sep 20, 2011 1:45 pm

I have received applications for about 5 different cards 5 times each. I'm not familiar with how they do business. I thought about applying for the Dividend Platinum Select card. Do you have any info on them?
Gas: Discover It, Penfed Platinum Rewards x2, Chase freedom, Citi TYP
Plane tickets: CSP
Groceries: AMEX BCP, Penfed Platinum Rewards,Citi TYP
Clothes: Express, Amex BCP, Discover IT
Amazon: Citi Forward, Cash +
Restaurants: Citi Forward, Chase Freedom, Discover IT, CSP
Hotels and other travel: Discover Escape, CSP
Movies: BofA travel rewards visa signature(fandango), Discover IT, Citi Forward, Freedom
Bars, clubs, tomfoolery: CSP, Citi Forward, Discover IT, Freedom
Balance transfers: Kroger 123 rewards
Bill Pay: Chase Ink Plus, Citi Forward
Everyday spending: Bofa Accelerated cash rewards amex, Discover Escape

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jumbo
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Postby jumbo » Wed Sep 21, 2011 1:47 am

I applied for citi platinum select card as well, and my application process online told me that it needs more time to process my information, which according to some users of this forum said that I now have just 3% chance of getting approved.
more info in this thread
http://creditcardforum.com/general-credit-card-talk/3150-applied-citi-platinum-select-mastercard-suggestions-needed.html

then again, it was not a mail offer, I just applied for the card. and I heard that citi cards are difficult to get approved for. hope for the best...!
BofA Cash Rewards | CapitalOne QuickSilver | Discover More
Gold Delta AMEX | Citi DoubleCash | Citi Simplicity
Chase Freedom | Kohls Charge Card

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Mogul of Pineapples
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Postby Mogul of Pineapples » Thu Oct 06, 2011 1:49 am

Funny, I just received an offer in the mail today for the Simplicity with a cash bonus. It's a card namely for balance transfers and those who pay late. I fall under neither category.

When my renewal comes up in a couple months on my ThankYou Premier I will see if I can wrangle something like extra points or better yet, the fee waived for another year.

Given that Citi is following in Bank of America's footsteps with the debit card fees, they probably won't have to work too hard to pick up new credit card users.
Disclosure: I am a moderator/paid staff of this site, which does have advertising relationships with some credit cards that are discussed and linked to. Regardless, anything I say is my honest opinion.

Current Cards:
American Express: Blue Cash, Simply Cash Bank of America: WorldPoints Platinum Plus Chase: Amazon, British Airways, Cash Plus Rewards, Freedom, Ink Cash Citi: Thank You Premier, Dividend Platinum Select Discover: More
Primary Everyday Card: American Express Blue Cash
Primary Travel Card: Chase Sapphire Preferred

naomibatac
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Postby naomibatac » Mon Oct 10, 2011 11:06 am

I have been using Citi for many years and so far I have complain so with their new effort to get more CC customers, I think they will get it, not unless the other will follow with better offers.
[size=60]I don't have any relationship to the credit cards or companies discussed here. I am solely a regular member of this forum with no direct financial rewards from this site. My opinions are solely mine.[/size]

A mom of 3 and currently living life, and working for credit card helpline, a company dedicated to helping people get out of credit card debt.



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