Citi ThankYou Preferred MasterCard Review: Worth It or Not?

Discuss the Visa & MasterCard payment networks as well as cards that operate through them.
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pac4toon
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Location: Honolulu

Citi ThankYou Preferred MasterCard Review: Worth It or Not?

Postby pac4toon » Wed Aug 28, 2013 2:33 am

I received a "pre-selected" mail offer today for the Citi Thank You Preferred MasterCard. I'm just deciding whether to sign up or not. How would you rate this card? My main card has been AmEx BCE & CSP- I'm happy with them so far but I'm open to adding another CC to my family. Been looking around but haven't really decided.

What are your thoughts on the Citi card?

Thanks.
In my wallet:
Chase Sapphire Preferred / AmEx BCE / BoH Hawaiian Airlines WEMC / Chase Freedom /

In my sock drawer:
FHB Priority Rewards
/ AmEx HHonors / Chase Marriott


cashback
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Postby cashback » Wed Aug 28, 2013 6:00 am

The TYP isnt a very good card... It wouldn't add anything to what you already use (BCE/CSP).
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

Midori
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Postby Midori » Wed Aug 28, 2013 9:15 am

2 points restaurants, like your CSP, and 2 points entertainment (live performances, sports, movie theaters, amusement parks, music stores, video rentals). No annual fee. The no pre-set spending limit might or might not be attractive. I might pick it up if I wanted to get a good sign-up bonus and then keep it as a niche card, if I was in an urban area that had better access to sporting events/theatre/etc. (I've currently got the plain-Jane Citi ThankYou.)


takeshi
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Postby takeshi » Wed Aug 28, 2013 9:19 am

Seems like you're going about it backwards. Instead of considering a card because you received an offer, sort out what you're looking for from a new card and find a card that fits. Let your needs/wants select the new card instead of a random card company's marketing department.

pac4toon
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Postby pac4toon » Wed Aug 28, 2013 2:47 pm

Thank you for your input cashback, midori and takeshi. I should stick to what I currently have until I find a card that "fits". Right now, BCE and CSP are perfect for my needs/wants. I was just wondering about the Citi cards. Have a great Wednesday!
In my wallet:
Chase Sapphire Preferred / AmEx BCE / BoH Hawaiian Airlines WEMC / Chase Freedom /

In my sock drawer:
FHB Priority Rewards
/ AmEx HHonors / Chase Marriott

skippy
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Postby skippy » Sat Aug 31, 2013 12:13 am

I got a targeted mail offer for this card but with a promo APR instead of a point bonus. 0% for 21 months on purchases and balance transfers. I went ahead and applied and they beat my next highest limit card for a pretty generous credit limit.

I honestly don't know long I'll keep this card around. The 2X points on restaurants is nice, but I don't really eat out too often. The World Mastercard benefits are nice as well but I only really applied as I wanted to take advantage of the promo APR on a balance transfer.

My other cards are a Chase Disney and a 1%CB card from a CU, as soon as I get a better CB card with gas/grocery categories (probably Costco Amex or Blue Cash) I don't see myself using this card too often. I'll take advantage of the nice BT offer, and no annual fee for now though.

Sevenfeet
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Postby Sevenfeet » Sun Sep 01, 2013 12:04 pm

skippy wrote:I got a targeted mail offer for this card but with a promo APR instead of a point bonus. 0% for 21 months on purchases and balance transfers. I went ahead and applied and they beat my next highest limit card for a pretty generous credit limit.

I honestly don't know long I'll keep this card around. The 2X points on restaurants is nice, but I don't really eat out too often. The World Mastercard benefits are nice as well but I only really applied as I wanted to take advantage of the promo APR on a balance transfer.

My other cards are a Chase Disney and a 1%CB card from a CU, as soon as I get a better CB card with gas/grocery categories (probably Costco Amex or Blue Cash) I don't see myself using this card too often. I'll take advantage of the nice BT offer, and no annual fee for now though.


I got this card mainly for the same thing...to park some longer term debt at 0%/21 months. I'll probably not use this card much if any after the period elapses, but I'm all for using other people's money interest free.
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)



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