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

Citi Product Change

I am stuck with a Citi Diamond Preferred card that I've had for the past 3 1/2 years. Limit is 16K interest rate 6.74%. The only rewards are this thing called Citi Cash which I have no use for at all. 

Has anyone had any luck lately doing a product change with Citi where they don't lose history and incur a new account hit or am I just stuck with this no rewards card at this point?

Frequent Contributor
scientifics
Posts: 411
Registered: ‎05-01-2010

Re: Citi Product Change

You can do a PC, however, you will most likely loose that low interest rate!

Frequent Contributor
raenys
Posts: 387
Registered: ‎08-25-2011

Re: Citi Product Change


scientifics wrote:

You can do a PC, however, you will most likely loose that low interest rate!


+1

 

If you carry balances, I wouldn't recommend a PC. You have a great interest rate there. Wish I had it.

 

Is there any card in particular you want (only citi or perhaps you have your eye on some other reward card)?

 

If you have a good history with them, decent scores, low utility, you may qualify perhaps for an additional card. You would take a hit for the app. 

 

If it were me, i would keep the low interest card, and add a different reward card to my portfolio.

Established Contributor
UFGuy2006
Posts: 707
Registered: ‎08-02-2008

Re: Citi Product Change


smallfry wrote:

I am stuck with a Citi Diamond Preferred card that I've had for the past 3 1/2 years. Limit is 16K interest rate 6.74%. The only rewards are this thing called Citi Cash which I have no use for at all. 

Has anyone had any luck lately doing a product change with Citi where they don't lose history and incur a new account hit or am I just stuck with this no rewards card at this point?


I have the same exact card with the same interest rate. You can PC it, but the times I've called Citi to request a PC, they've indicated that they wouldnt recommend it as I'd lose the super low rate. Kinda bummed as I don't use this card for much of anything right now.

FICO: EX: 752 (3/14); TU: 768 (3/14); EQ 711 (3/14)

In My Wallet: Amex X 5 | Barclays X 3 | BOA X 1 | CapOne X 3 | Chase X 3 | Citi X 6 | DCU X 1 | Discover X 1| Fidelity X 1 | Fifth Third X 1 | PenFed X 1 | PSECU X 1 | USAA X 2 | US Bank X 1 | Walmart X 1

Holding off apps for the next 6 months! Last inq 4/2/2014.
Regular Contributor
sgs10
Posts: 204
Registered: ‎08-03-2010

Re: Citi Product Change

[ Edited ]

I pc'd from platinum to dividend with same interest rate and intro offers. IMHO citi CSR's are more knowledgable about PC's, just give a try!!!

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

Re: Citi Product Change

Very helpful Bit on the Citi Dividend but lost the low rate. Not a big deal since I will not revolve a balance. Now if Penfed would cooperate I would be all set but I know there is no chance of dumping the vanilla Gold for a Rewards card with them. High limit place holder I guess.

Frequent Contributor
raenys
Posts: 387
Registered: ‎08-25-2011

Re: Citi Product Change

May I ask what scores you have? Just curious what it takes to get a nice low interest rate. I have all reward cards, but I wouldn't mind having a card with a low rate. It would be my "just in case" card. I don't keep balances either, but you never know.

 

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

Re: Citi Product Change

I originally got the card with an 8 year old BK7. Experian I believe at the time was 717. No rhyme or reason with Citi at times it seems. EX is now 796 they offered me 14% and change I took it. 


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