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Regular Contributor
Posts: 132
Registered: ‎02-28-2017

2% General Spend Card

[ Edited ]

Why is the Citi DC so much more prevalent than the Blispay, with the Blispay being less conservative? Considering Blispay is offering the same cash-back, technically more if you are somebody that views the DC as a technical ~1.98% or whatever that technical percentage was that doctorofcredit mathed out?

 

Is it just because of the Citi DC having more "brand-recognition"?

 

I understand the Blispay isn't offering CLIs yet (to my knowledge), but with my recent approvals (within 3 days of eachother, Citi being first), I don't see Citi getting me to the same limit as my Blispay any time soon, after reading some other peoples' data points on Citi. Both cards are in my signature along with their SLs.

In wallet: Citi DC, Marvel MC, AmEx BCP, Discover IT, Chase Freedom, Blispay

Local CU (7,500) 11/15 | Discover (6,000) 03/16 | Capital One QS VS (12,000) 06/16 | AmEx BCP (24,300) 02/17 | Marvel MC (12,000) 03/17 | Citi DC (5,000) 03/17 | USBank Cash+ (5,400) 03/17 | Blispay (7,500) 03/17 | Chase Freedom (6,400) 03/17
Contributor
Posts: 90
Registered: ‎10-03-2016
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Re: 2% General Spend Card

I don't know anything about Blispay, are the starting limits really that good? Because I was planning on getting a Citi DC in early 2018 for general spend after my Discover cash back match period comes to an end.
Super Contributor
Posts: 8,863
Registered: ‎10-03-2008

Re: 2% General Spend Card

AustinOK you're all right Smiley Happy Until your post. I had no idea Citi did not pay out a full 2% under certain circumstance such as a statement credit ... had NO idea. Just read the Doctor of Credit evaluation. thanks a mill!!!
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Valued Contributor
Posts: 2,254
Registered: ‎02-14-2016

Re: 2% General Spend Card


AustinOK wrote:

Why is the Citi DC so much more prevalent than the Blispay, with the Blispay being less conservative? Considering Blispay is offering the same cash-back, technically more if you are somebody that views the DC as a technical ~1.89% or whatever that technical percentage was that doctorofcredit mathed out?

 

Is it just because of the Citi DC having more "brand-recognition"?

 

I understand the Blispay isn't offering CLIs yet (to my knowledge), but with my recent approvals (within 3 days of eachother, Citi being first), I don't see Citi getting me to the same limit as my Blispay any time soon, after reading some other peoples' data points on Citi. Both cards are in my signature along with their SLs.


More brand recognition, been around longer, they advertise.

 

Nobody outside of credit-enthusiast world has heard of Blispay. 

 

Also, IMO the new PenFed 2% card is a much better option than the Citi Double Cash in every way. The only edge Blispay could have is if you need the 6 month 0% APR function (definitely a legitimate reason to choose it, if it is needed).

Regular Contributor
Posts: 132
Registered: ‎02-28-2017
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Re: 2% General Spend Card

I haven't read many approvals on here, but I've seen it discussed here and there. But not extremely heavily. I may be the odd-one-out. I didn't get an "extraordinary" SL, but all my cards prior to applying for the DC, Cash+ and Blispay were 7,500-12,000-6,000-10,000-12,000 (not including AU on my father's Discover with a CL of 14,500, if that was a factor)

 

I had done those 3 applications within a 3 day span of eachother, in the following order with the following SLs (respectively)

 

March 17th, Citi DC - 1,500

 

March 17th, US Bank Cash+ - 5,000

 

March 19th, Blispay - 7,500

 

So, idk if I'd go as far as saying that it was an exemplary SL, but it was far better than the Citi DC SL (for my case at least). And I've been reading that Citi DC could be somewhat stingy with SLs and CLIs, but thought it was a slight exaggeration. I figured the lowest they might give me would be at least 3,000ish. I haven't experienced the CLI side yet, as I was just approved and still haven't received the card yet so I'm pretty far off from my 6month CLI, haha.

In wallet: Citi DC, Marvel MC, AmEx BCP, Discover IT, Chase Freedom, Blispay

Local CU (7,500) 11/15 | Discover (6,000) 03/16 | Capital One QS VS (12,000) 06/16 | AmEx BCP (24,300) 02/17 | Marvel MC (12,000) 03/17 | Citi DC (5,000) 03/17 | USBank Cash+ (5,400) 03/17 | Blispay (7,500) 03/17 | Chase Freedom (6,400) 03/17
Valued Contributor
Posts: 1,392
Registered: ‎04-28-2016

Re: 2% General Spend Card

[ Edited ]

DC offers price rewind and extended warranties.

 

Not everyone uses those benefits, but I do (on other Citi cards, I don't have DC).

Perks, purchase protection, and sketchy merchants: Schwab Platinum.....Price rewind and extended warranties: Costco.....Travel insurance: Prestige.....Renewal nights: IHG, Hyatt.....Rewards/Offers: Discover, Freedom, ED, BCE.....Taxes/Misc: SPG...Questioning the value of: CSP, Arrival

760ish FICOs...Rebucketing hurts!
Total CL: Enough
Regular Contributor
Posts: 132
Registered: ‎02-28-2017
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Re: 2% General Spend Card


Dinosaur wrote:
AustinOK you're all right Smiley Happy Until your post. I had no idea Citi did not pay out a full 2% under certain circumstance such as a statement credit ... had NO idea. Just read the Doctor of Credit evaluation. thanks a mill!!!

I understand that small of a difference is basically a moot point unless you spend a significantly large amount of money to your gen-spend card, but still. The difference is so small that it wouldn't make any real difference, but some people may care about that ".02%" lol.

In wallet: Citi DC, Marvel MC, AmEx BCP, Discover IT, Chase Freedom, Blispay

Local CU (7,500) 11/15 | Discover (6,000) 03/16 | Capital One QS VS (12,000) 06/16 | AmEx BCP (24,300) 02/17 | Marvel MC (12,000) 03/17 | Citi DC (5,000) 03/17 | USBank Cash+ (5,400) 03/17 | Blispay (7,500) 03/17 | Chase Freedom (6,400) 03/17
Super Contributor
Posts: 15,198
Registered: ‎04-22-2013

Re: 2% General Spend Card

The 0.02% is not only small, it's also optional. No reason not to do ACH rather than statement credit and then it goes away
Valued Contributor
Posts: 1,469
Registered: ‎01-09-2015

Re: 2% General Spend Card

Citi DC was around for several years before Blispay, if memory serves.  Also, Citi has huge national advertising for DC and other cards.  Citi not only has name recognition, but a huge existing customer base to market to as well as (the perception at least) that they are in it for the long haul.

 

Citi cards also have some of the best ancillary features such as price rewind (only one that I know of that's automated where they will search for lower prices for you), warranty extension, travel protection, lost baggage, etc.  For those who care, establishing and/or extending a relationship with Citi could be a factor.  Not a consideration with Blisplay.

 

Personally, I'd prefer the Fidelity or PenFed 2% cards over the DC.  Not really interested in Blisplay.  Most attractive to me is the new 2.5% card from Alliant which has a $59 AF.  I'll be trying for that one later this year.

Established Contributor
Posts: 594
Registered: ‎01-16-2016
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Re: 2% General Spend Card

I love blispay. Not for everyday but for large purchases at 0%. 2% is just a bonus. DC is next the chopping block. 

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