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Contributor
Posts: 91
Registered: ‎09-16-2012
0

Citi Simplicity and convert to Dividend?

I want the Citi Dividend card. However, I have a collection on my CR (only bad) with mid-700 scores. I'm concerned I will get denied, so planning on maybe getting Simplicity to convert to Dividend. thoughts?

Regular Contributor
Posts: 193
Registered: ‎06-22-2013
0

Re: Citi Simplicity and convert to Dividend?

Well I've heard that Citi doesn't like to PC TY point cards with cash back cards (and vice versa). 

 

Not entirely sure how they'd like to convert a non-rewards card into one. If you're not carrying a balance and you're talking about the PC with them over the phone, maybe offer that you're willing to accept a higher APR? (assuming your APR on that card is already really low [12.99]). I guess it will depend on your spending history with them too. 

FICOs 7/2015: TU 756 | EQ 754 | EX 747
Amex BCE $8,000 | Citi DoubleCash $4,500 | Chase Freedom $4,000 | Chase Amazon Rewards $3,500 | Citi Forward $2,500 | Discover IT $2,100 | Barclaycard Rewards $2,000 | Capital One Quicksilver $1,750
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Contributor
Posts: 91
Registered: ‎09-16-2012
0

Re: Citi Simplicity and convert to Dividend?

So this isn't possible?

Member
Posts: 57
Registered: ‎07-03-2013
0

Re: Citi Simplicity and convert to Dividend?

Citi is willing to convert my dividend into a forward, but I would loose the saved up cash back.

I just SDed the card in case a good 5% bonus comes around again.

Call the backdoor retention line and see what they can do.

Seedling Garden Club Member - Last App: 07/27/2013 - No apps until 2014

Aoccdrnig to a rscheeachr at Cmabrigde Uinervtisy, it deosn't mttaer in waht oredr the ltteers in a wrod are, the olny iprmoetnt tihng is taht the frist and lsat ltteer be at the rghit pclae. The rset can be a total mses and you can sitll raed it wouthit porbelm. Tihs is bcuseae the huamn mnid deos not raed ervey lteter by istlef, but the wrod as a wlohe.
Frequent Contributor
Posts: 392
Registered: ‎05-23-2012
0

Re: Citi Simplicity and convert to Dividend?

OP, I believe if you want to convert a card, you have to wait til its been open 13 months. I would just apply for the Dividend if that's what you want, or wait til your score goes up some more, though you probably have a decent chance right now.
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Contributor
Posts: 91
Registered: ‎09-16-2012
0

Re: Citi Simplicity and convert to Dividend?

It's odd, my scores are decent... mid-700s, but I have a collection on each report Smiley Sad

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