Which Mastercard is best?

Discuss the Visa & MasterCard payment networks as well as cards that operate through them.
19 posts
DavidNY
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Postby DavidNY » Sat May 26, 2012 3:30 pm

The website owner has modified my post. The ad is fine on its own, but I didn't write it, so it shouldn't be in my post.


agp
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Postby agp » Thu May 31, 2012 8:23 pm

Any thoughts on the Citi Diamond Preferred? It has no annual fee and has a 24/7 concierge. Has anyone used it and know how it is?

Main Card: Amex Platinum
For gas: Penfed Platinum Cash Rewards
For travel & dining: Chase Sapphire Preferred

CC Deville
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Postby CC Deville » Thu May 31, 2012 8:39 pm

agp wrote:Any thoughts on the Citi Diamond Preferred? It has no annual fee and has a 24/7 concierge. Has anyone used it and know how it is?


I work with a lady that had a Diamond Preferred and Citibank forced an "upgrade" to a Thank You card. I would guess that its days are numbered.

It doesn't really offer anything spectacular (no rewards) except for the 0% intro interest and concierge. But if you have a Visa Signature with any bank you would already have concierge. It is a cool looking card and if you run your finger over the card, those little nubs are actually raised and you can feel them.

agp
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Postby agp » Thu May 31, 2012 8:45 pm

CC Deville wrote:I work with a lady that had a Diamond Preferred and Citibank forced an "upgrade" to a Thank You card. I would guess that its days are numbered.

It doesn't really offer anything spectacular (no rewards) except for the 0% intro interest and concierge. But if you have a Visa Signature with any bank you would already have concierge. It is a cool looking card and if you run your finger over the card, those little nubs are actually raised and you can feel them.


I guess that would be my cue to stay away. Thanks for the tip!

Main Card: Amex Platinum
For gas: Penfed Platinum Cash Rewards
For travel & dining: Chase Sapphire Preferred

2percentPlus
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Postby 2percentPlus » Sat Jun 02, 2012 3:50 pm

I would be pissed if Citi "upgraded" my Diamond Preferred MC to a Visa Signature and zapped my reported CL

CC Deville
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Postby CC Deville » Sat Jun 02, 2012 4:10 pm

2percentPlus wrote:I would be pissed if Citi "upgraded" my Diamond Preferred MC to a Visa Signature and zapped my reported CL


Well, in my co-workers case, her "upgraded" Thank You card kept the same "platinum" level and account number (MasterCard).

Beginning in March 2011 Citibank began reporting Visa Signature and World MasterCards as revolving (instead of open) and they do now report the credit lines. I believe Bank of America is the last hold out on this. Capital One, Barclays, Wells Fargo, Nordstrom, Citibank and even Chase report limits on World/World Elite and Visa Signature.

agp
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Postby agp » Sat Jun 02, 2012 4:24 pm

2percentPlus wrote:I would be pissed if Citi "upgraded" my Diamond Preferred MC to a Visa Signature and zapped my reported CL


How long have you had the Diamond Preferred?

Main Card: Amex Platinum
For gas: Penfed Platinum Cash Rewards
For travel & dining: Chase Sapphire Preferred

Ratfacedudeguy
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Postby Ratfacedudeguy » Sat Jun 02, 2012 11:27 pm

I've had the Diamond Preferred for a few weeks now after responding to a mail offer. Nothing particularly special outside of the 0% intro apr. I wasn't very impressed with the concierge service either. I decided to test them out by having them try to get ahold of this Louis Vuitton bag that my fiance was wanting, even though I knew well and good that I could do it myself. Basically all the rep did was call the LV customer service line and called me back with that rep on the line. It would have been less work if I just did that myself.

Also, it's not really advertised, but the Diamond Preferred does have a sort of bootleg rewards system on it called Extra Cash. Basically you get 10% of your monthly spending back in these Extra Cash credits that you can use to buy gift cards at a 10% discount. In other words, you use your Extra Cash balance for 10% of the gift card value, and then you charge the remaining 90% to your account.. But what's actually way better than this that I just stumbled on by chance is they have Extra Cash auctions where you bid for items using your Extra Cash balance. Some auctions are set up where you can pay for the entire item with Extra Cash, and others are set up where you pay the highest Extra Cash bid, plus a small sum of actual cash on top of it. It's always fun when you log on and see the highest bid for an ipod nano at like $23000 lol
Amex Green - NPSL - 05/12
Amex Zync - NPSL - 06/12
Discover it - $7750 - 11/12
Chase Sapphire Preferred Visa Signature - $5000 - 11/12
SECU Platinum Visa - $5000 - 08/08
Bank of America Cash Rewards Platinum Plus Visa - $3000 - 06/08
Citi Diamond Preferred Mastercard - $3000 - 05/12
GECRB Old Navy Visa - $2500 - 11/12
Chase Amazon Visa - $2000 - 11/12
Chase Freedom Visa - $2000 - 07/12
Citi Thank You Visa - $1000 - 06/12
Amex Blue Cash Everyday - $1000 - 01/13

2percentPlus
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Postby 2percentPlus » Mon Jun 04, 2012 2:28 am

agp wrote:How long have you had the Diamond Preferred?


Since 2008. I used a balance transfer at the time, and used the card as my primary for that year with 0% on purchases. I haven't used it since 2009 except for about every 6 months to keep it active. Very good interest rate if I needed it. They also were very good with automatic CLI. The one time that it was declined, my cell was ringing immediately, unlike BofA which happens every 2-4 weeks or more and I have to have their number on speed dial and wait 20 minutes to talk to them.



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