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juniornj23
Established Contributor

How to

How do i kno when is a marketing letter or a real pre selected on citi i have a letter from citi thankyou preferred 0% 12 moths 21.24% APR
Amex ED (2000) Amex BCE (2000) Amex macys (5000) Amex Gold , VENTURE (5000) MC PLATINUM (600) CAP QUICKSILVERONE (1250) CAP QUICKSILVER (4500) CAP QUICKSILVER (3500) PENFED AMEX (5000) PENFED CASH REWARDS (25,000) PENDFED REWARDS VISA SIGNATURE (20,000) UPROMISE (1000) NFL (4000) OVERSTOCK (2800) HSN (3200) DISCOVER IT(8500) AMAZON PRIME (10000) MARVEL(7000) BOF VISA(2000) BEST BUY VISA CITI (9000) BLISPAY (9000)Amex Magnet (10,000) Uber (3100)

WELCOME TO 100K CLUB . LAST APP 08/29/18 Credit Score 8 TU 720 EQ 705 EX 724

Starting Score: 640
Current Score: 720
Goal Score: 850


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Message 1 of 10
9 REPLIES 9
Anonymous
Not applicable

Re: How to

A set APR as opposed to a range. Plus sometimes the terms differ, like 9 months 0% APR when the standard offer is 21 months. At least that's my best guess.

Message 2 of 10
myjourney
Super Contributor

Re: How to

Does it have the OPT out notice?

Before you app think...
Have you done your research of the CC?
Does it fit your spending?
Do you have a plan for the bonus w/o going into debt?
Can you afford the AF?
Do you know the cards benefits? Is it worth the HP?
Message 3 of 10
Anonymous
Not applicable

Re: How to

Prequalified offers have one specific APR listed and have a notice that says you can opt out of pre-selected offers. Generic marketing has an APR range (13-25%, for example) and no opt-out notice.

Message 4 of 10
juniornj23
Established Contributor

Re: How to

My has 0% intro on balacen transfers and purchases for 12 moths and 21.24 % so i guess you are saying this is a real pre selected. Even though i will wait unti june because will pay 20% of my balance
Amex ED (2000) Amex BCE (2000) Amex macys (5000) Amex Gold , VENTURE (5000) MC PLATINUM (600) CAP QUICKSILVERONE (1250) CAP QUICKSILVER (4500) CAP QUICKSILVER (3500) PENFED AMEX (5000) PENFED CASH REWARDS (25,000) PENDFED REWARDS VISA SIGNATURE (20,000) UPROMISE (1000) NFL (4000) OVERSTOCK (2800) HSN (3200) DISCOVER IT(8500) AMAZON PRIME (10000) MARVEL(7000) BOF VISA(2000) BEST BUY VISA CITI (9000) BLISPAY (9000)Amex Magnet (10,000) Uber (3100)

WELCOME TO 100K CLUB . LAST APP 08/29/18 Credit Score 8 TU 720 EQ 705 EX 724

Starting Score: 640
Current Score: 720
Goal Score: 850


Take the myFICO Fitness Challenge

CARD I want .
Chase Freedom and US cash +

Now back to the garden until 2020
Message 5 of 10
myjourney
Super Contributor

Re: How to


@juniornj23 wrote:
My has 0% intro on balacen transfers and purchases for 12 moths and 21.24 % so i guess you are saying this is a real pre selected. Even though i will wait unti june because will pay 20% of my balance

It must have all the info listed by the 3 posters above 

An offer

Set APR 

OPT out notice 

Does yours cover all 3 areas?

If so its good

If not its marketing YMMV

Before you app think...
Have you done your research of the CC?
Does it fit your spending?
Do you have a plan for the bonus w/o going into debt?
Can you afford the AF?
Do you know the cards benefits? Is it worth the HP?
Message 6 of 10
juniornj23
Established Contributor

Re: How to

Thank you everyone .but since i have a plan i will keep it . I will wait until September since my last app spree was in September plus i will pay down my balace to 5% now is 20 % with 17k debt. Once i pay down and get the UTl to 9 to 5% will go for amex and citi
Amex ED (2000) Amex BCE (2000) Amex macys (5000) Amex Gold , VENTURE (5000) MC PLATINUM (600) CAP QUICKSILVERONE (1250) CAP QUICKSILVER (4500) CAP QUICKSILVER (3500) PENFED AMEX (5000) PENFED CASH REWARDS (25,000) PENDFED REWARDS VISA SIGNATURE (20,000) UPROMISE (1000) NFL (4000) OVERSTOCK (2800) HSN (3200) DISCOVER IT(8500) AMAZON PRIME (10000) MARVEL(7000) BOF VISA(2000) BEST BUY VISA CITI (9000) BLISPAY (9000)Amex Magnet (10,000) Uber (3100)

WELCOME TO 100K CLUB . LAST APP 08/29/18 Credit Score 8 TU 720 EQ 705 EX 724

Starting Score: 640
Current Score: 720
Goal Score: 850


Take the myFICO Fitness Challenge

CARD I want .
Chase Freedom and US cash +

Now back to the garden until 2020
Message 7 of 10
Anonymous
Not applicable

Re: How to


@juniornj23 wrote:
My has 0% intro on balacen transfers and purchases for 12 moths and 21.24 % so i guess you are saying this is a real pre selected. Even though i will wait unti june because will pay 20% of my balance

On their website, the TY Preferred has 15 months rather than 12 and the range is 13.24-23.24%. So while yours is a real pre-selected, you'll likely get better with a better profile. (Honestly other than really low interest cards, I could care less about the APR but I'd hold out for the 15 months if possible, if it were me. 

Message 8 of 10
B335is
Moderator Emeritus

Re: How to

In my experience with Citi and invitation with a posted APR has been a sure thing. I'd only bite if it's something you're really interested in and find it useful.
Message 9 of 10
juniornj23
Established Contributor

Re: How to

I will wait 2 to 5 more months since 8 HP will drop and i will pay 10 to 12 k from my 17k debt .so less HP and better UTL i think that will help alot plus better AAAoA
Amex ED (2000) Amex BCE (2000) Amex macys (5000) Amex Gold , VENTURE (5000) MC PLATINUM (600) CAP QUICKSILVERONE (1250) CAP QUICKSILVER (4500) CAP QUICKSILVER (3500) PENFED AMEX (5000) PENFED CASH REWARDS (25,000) PENDFED REWARDS VISA SIGNATURE (20,000) UPROMISE (1000) NFL (4000) OVERSTOCK (2800) HSN (3200) DISCOVER IT(8500) AMAZON PRIME (10000) MARVEL(7000) BOF VISA(2000) BEST BUY VISA CITI (9000) BLISPAY (9000)Amex Magnet (10,000) Uber (3100)

WELCOME TO 100K CLUB . LAST APP 08/29/18 Credit Score 8 TU 720 EQ 705 EX 724

Starting Score: 640
Current Score: 720
Goal Score: 850


Take the myFICO Fitness Challenge

CARD I want .
Chase Freedom and US cash +

Now back to the garden until 2020
Message 10 of 10
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