Why was the Citi Forward discontinued?

Discuss the Visa & MasterCard payment networks as well as cards that operate through them.
Bksuper
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Location: California

Postby Bksuper » Thu Feb 21, 2013 8:38 am

Test and see; they just say entertainment. I've that buying concert/show tickets count, as do video subscription/rental sites, movie theaters, ITunes, etc.
Sole Ownership Cards:
1st Financial Bank Platinum Student Visa, $500 CL, Open Since 3/2012
Citi Forward Student Visa, $6k CL, Open Since 10/2012
Costco TrueEarnings Amex, $6k CL, Backdates to 1/2012
SallieMae Rewards Barclay Mastercard, $2.5k CL, Open Since 4/2013
Jointly Owned Cards (co-owner with mom, not AU, used and paid only by me):
Chase Amazon Rewards Visa Signature, $2k CL, Open Since 8/2012
US Bank Cash+ Visa Signature, $13.5k CL, Open Since 10/2012
Authorized User (Parents Pay/Use)
Costco TrueEarnings Amex $29.4k CL, AU since 11/2012


Sevenfeet
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Location: United States

Postby Sevenfeet » Thu Feb 21, 2013 8:50 am

I'm going to speculate in that Citi had always probably marketed the Forward card to young people just starting out. They likely projected what they would spend on the card and what benefits would be paid out. To add that it was a life transition product, a companion student card was also marketed.

Then I suspect that a lot of older folks like us caught on to the benefits and we're more expensive for Citi to manage. So Citi quietly did away with the regular Citi and just now has the student card.

Again, just my two cents.
Cards:
American Express Platinum (NPSL)
Penfed Platinum Reward Visa ($28K)
Chase Freedom Visa ($25K)
Fidelity American Express ($20K)
American Express Blue Cash Preferred ($20K)
Bank of America Cash Rewards MasterCard ($20K)
Citi Thank You Preferred Visa ($9.5K)
Chase Sapphire Preferred ($7.5K)
US Bank Cash + Visa Signature ($7K)
Discover IT ($4K)

DavidNY
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Location: New York

Postby DavidNY » Thu Feb 21, 2013 9:25 am

FutureBillionaire wrote:It says that you earn points for every dollar. I dont' see where it says 1%.


You're right, it could be less than that.

If there were 5% categories this product would be marketed as such.

It looks like the cards with the 5% categories will keep them for now.

FutureBillionaire
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Location: Down South

Postby FutureBillionaire » Thu Feb 21, 2013 10:02 am

DavidNY wrote:You're right, it could be less than that.

If there were 5% categories this product would be marketed as such.

It looks like the cards with the 5% categories will keep them for now.


I wish I would have set my Cash + for bookstores in case I can't use this card for Amazon anymore.
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

cashback
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Location: NY

Postby cashback » Thu Feb 21, 2013 11:07 am

FutureBillionaire wrote:I wish I would have set my Cash + for bookstores in case I can't use this card for Amazon anymore.


You can change your categories until 5 days prior to the new quarter. Give em a call.

Amazon purchases are not included (so they say) in the bookstore category for Cash+ though.
Credit Cards
Amex BCE 25K ---- PenFed Platinum Rewards 15.5K --- US Bank Cash+ 12K --- Discover IT 6K --- Citi Dividend 5K --- Chase Freedom 12.5K --- Amex SPG 6K --- Citi Thank You Preferred 15K

Not Used
Citi Simplicity - 5K, Sam's Club Discover - 10K

Future Cards
Sallie Mae World Mastercard

FICOs
Exp 772 - TU 781 - Equ 781

FutureBillionaire
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Postby FutureBillionaire » Thu Feb 21, 2013 1:23 pm

cashback wrote:You can change your categories until 5 days prior to the new quarter. Give em a call.

Amazon purchases are not included (so they say) in the bookstore category for Cash+ though.


Yeah, I tried to change them online and it didn't work. It seems like I am locked out.
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

FutureBillionaire
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Location: Down South

Postby FutureBillionaire » Thu Feb 21, 2013 1:23 pm

Now that I think about it, I would probably just buy Amazon gift cards from the grocery store with my penfed card. I think I'm going to change it to restaurants.
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

Bksuper
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Location: California

Postby Bksuper » Thu Feb 21, 2013 5:07 pm

Im pretty sure the 5x points is still there for those of us who already have the card and have had it before they canned the non-student version. Even if I'm wrong, it would be better to get the Chase Amazon card for 3%@ amazon then have to load money as non-liquid 0 interest increments as gift cards and get 3% with penfed. Or use the SallieMae Barclay MC to get 5% back at amazon on the first $750/mo since it counts amazon as a book store.
Sole Ownership Cards:
1st Financial Bank Platinum Student Visa, $500 CL, Open Since 3/2012
Citi Forward Student Visa, $6k CL, Open Since 10/2012
Costco TrueEarnings Amex, $6k CL, Backdates to 1/2012
SallieMae Rewards Barclay Mastercard, $2.5k CL, Open Since 4/2013
Jointly Owned Cards (co-owner with mom, not AU, used and paid only by me):
Chase Amazon Rewards Visa Signature, $2k CL, Open Since 8/2012
US Bank Cash+ Visa Signature, $13.5k CL, Open Since 10/2012
Authorized User (Parents Pay/Use)
Costco TrueEarnings Amex $29.4k CL, AU since 11/2012

jdauria
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Location: Arlington

Postby jdauria » Fri Feb 22, 2013 11:18 am

Oh man I just got this card around Nov/Dec (Non-student). They are already discontinuing it?? Bad timing I guess. :(

I was racking up points in bunches with the 5x on restaurants. I guess I need to request for credit increase on my Chase Freedom
[font=Times New Roman][size=80]American Express Green[color=green] [NPSL][/color]
American Express Blue Cash Preferred
Chase Freedom

Future:
American Express Premier Rewards Gold[/size][/font]

Bksuper
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Posts: 257
Joined: Sun Oct 14, 2012 10:22 pm
Location: California

Postby Bksuper » Fri Feb 22, 2013 9:01 pm

Just an update: My statement was posted today and I still got 5x points. So I think those of us who already have the card and were getting that rewards structure are safe for now.
Sole Ownership Cards:
1st Financial Bank Platinum Student Visa, $500 CL, Open Since 3/2012
Citi Forward Student Visa, $6k CL, Open Since 10/2012
Costco TrueEarnings Amex, $6k CL, Backdates to 1/2012
SallieMae Rewards Barclay Mastercard, $2.5k CL, Open Since 4/2013
Jointly Owned Cards (co-owner with mom, not AU, used and paid only by me):
Chase Amazon Rewards Visa Signature, $2k CL, Open Since 8/2012
US Bank Cash+ Visa Signature, $13.5k CL, Open Since 10/2012
Authorized User (Parents Pay/Use)
Costco TrueEarnings Amex $29.4k CL, AU since 11/2012



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