Citi mtvU credit card discontinued, now what?!

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Rumast24
 
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Citi mtvU credit card discontinued, now what?!

Postby Rumast24 » Mon May 07, 2012 10:10 am

I had a Citi MtvU account that was changed into a Citi Forward account. However, as I am currently in school I have to carry some balances on my credit cards.

Because of this Citi has declined to reopen my account and let it expire. I requested the account be reopen but I was denied to do to the balances I carry.

My account expires 6/30/12, how does this impact my credit score? Anything I can do to minimize the impact? I am in good standing with all of my credit cards, so this was a surprise.

Finally, I am still receiving letter invitations from Citi to apply for the Citi Forward care even though they are letting my other account expire. What does that mean, does it make sense to apply to the letter invitations?

Thanks for any and all advice.

Rumast24


Crashem
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Postby Crashem » Mon May 07, 2012 2:10 pm

Need to give us more details. Pull your credit report and let us know what it says. Also, any idea what your scores are right now (FICO or FAKO but please indicate). Can't really give you any advice until you give us more complete credit picture including what other cards, utilization, etc.). Especially need to know how Citi is reporting that MtvU card now.
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InCreditWeTrust
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Postby InCreditWeTrust » Mon May 07, 2012 4:20 pm

First of all you should always stay away from cards that have "mtv" on them, not a good sign.

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bisbicos
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Postby bisbicos » Mon May 07, 2012 4:38 pm

InCreditWeTrust wrote:First of all you should always stay away from cards that have "mtv" on them, not a good sign.


Haha that's funny.

I had an mtvu card which was converted to a Citi forward card. It happened about 2 weeks ago. Everything stayed the same when the cards changed ie, Apr, payment due date, points. Its strange your balance won't carry over. Is it high? What reason did Citi give you? Did you try calling Citi?
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