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Senior Contributor
Posts: 4,831
Registered: ‎04-20-2007
0

Citi Being Reasonable

27 day grace period this month and it seems as if they are going to cut the same day of every month for me. Lowest APR soft CLI. APR is half of what Chase would like to collect. Currently my fav big bank.
Super Contributor
Posts: 5,759
Registered: ‎01-28-2008
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Re: Citi Being Reasonable


smallfry wrote:
27 day grace period this month and it seems as if they are going to cut the same day of every month for me. Lowest APR soft CLI. APR is half of what Chase would like to collect. Currently my fav big bank.

I like CITI.   Waiting on my teaser rate to end so I can start getting CLI's. 

Regular Contributor
Posts: 107
Registered: ‎04-23-2008
0

Re: Citi Being Reasonable

Citi is for me the best bank also, the lowest APR (fixed) and the highest CLs. Soft CLI every 3 months.

 

Zar Smiley Happy

Senior Contributor
Posts: 3,696
Registered: ‎01-10-2008
0

Re: Citi Being Reasonable

citi has been v. generous on my platinum select mc acct opened 2 years ago.

 

they even snatchedback an RJ earlier this year and instead lowered my rate and gave a CLI shortly after.

 

wish all big banks responded like this to customers concerns regarding objectionable CIT.

FICOS:
06/13 EX 765 (PSECU) EQ 771 (DCU) TU 779 (Barclays)
Contributor
Posts: 93
Registered: ‎07-29-2007
0

Re: Citi Being Reasonable

I agree Citi has been great. I got my first Citi card last january. Got a CL with $1,200. After a few months requested a CLI got it up to $2,400. And I just did it now again and got it up to $3,800. So a total of $2,600 in Cli while having the card for less then a year
EQ- 727 5/12/10
TU- 746 5/12/10
Frequent Contributor
Posts: 401
Registered: ‎02-23-2009
0

Re: Citi Being Reasonable

Wow that's really nice. I think Citi is one of the best bank in the business industry..

 

Valued Member
Posts: 26
Registered: ‎03-07-2007
0

Re: Citi Being Reasonable

I guess I am one of the few that dislike Citi. I had a $10k balance on a $12k card, and paid it in full. Citi dropped my rate to 3.9%. So, I ended up (stupidly I might add) charging it back up to $10k And what happened? Yup - they changed my interest rate to 18.9%. Never a late, never over my limit. Waited until I had a bigh balance and then upped my interest...

 

I just paid it off again and am done using it. I will keep it around but haven't made a charge on it now for close to a year. If they want to close it they can have at it... They aren't getting anymore of my money.

EQ: 761
Senior Contributor
Posts: 3,696
Registered: ‎01-10-2008
0

Re: Citi Being Reasonable

a cc is not a long term loan, so the rate may not remain low over the long haul.  all major ccc like to maximize profits and reassess risk/ reprice accts periodically.  for a more stable long term loan agt. there are other options.
if you PIF it becomes a non issue.  imo most major issuer cards are not suitable for carrying balances in this climate.
FICOS:
06/13 EX 765 (PSECU) EQ 771 (DCU) TU 779 (Barclays)
Senior Contributor
Posts: 4,923
Registered: ‎04-19-2009
0

Re: Citi Being Reasonable


drinkdontdrive wrote:

I guess I am one of the few that dislike Citi. I had a $10k balance on a $12k card, and paid it in full. Citi dropped my rate to 3.9%. So, I ended up (stupidly I might add) charging it back up to $10k And what happened? Yup - they changed my interest rate to 18.9%. Never a late, never over my limit. Waited until I had a bigh balance and then upped my interest...

 

I just paid it off again and am done using it. I will keep it around but haven't made a charge on it now for close to a year. If they want to close it they can have at it... They aren't getting anymore of my money.


 

How long did you carry an 80% of CL balance before they raised your rate? And what was your total UTIL? High UTIL in this climate is inviting a rate increase.

 

Meanwhile, Citi is one of the most responsive issuers there is when it comes to APRD requests. That's how I got my rate down to 6.99%. Ask and ye just might receive!

Valued Member
Posts: 50
Registered: ‎08-08-2009
0

Re: Citi Being Reasonable

I've had no complaints about Citi. It was my first credit card, and they're my largest credit limit (almost 10k) of anyone else, which is amazing for a poor college kid with peanuts as income.
_________________________________________
EQ FICO: 742 - 01.01.2010
EX FICO: 742 - 10.18.2009
TU FICO: 750 - 01.01.2010
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