12-21-2012 06:47 PM - edited 12-21-2012 06:53 PM
Okay I got a pre-approval in the mail for the Citi TY preferred card. I know very little about Citi only that they do the points. Now the rate they want to give me is 11.99 for this card and -0- financing for 18 Months but that does not impress me much because I don't carry a balance. Anyone tell me if the TY preferred is worth a hard pull to get?
12-21-2012 07:54 PM
It depends on your needs, but there is no real rewards structure to speak of, and EVERYONE has been getting preapprovals for them IIRC.
Is there a gap in your credit profile you are looking to fill?
12-21-2012 08:30 PM
I reciently apped for the CY Preferred. My scores were within a few points of yours, and I was approved instantly for 6.5k. At the time my next highest limit was a 1k CapOne card. It was a welcome credit line w/ flexible limit showing on my CR's. As stated above, there isn't a great reward structure but it helps with utilization. If you want cash or rewards there's better out there.
12-21-2012 10:02 PM
Thanks for the input sounds a lot like the Wellsfargo points credit card.
12-22-2012 06:26 AM
RonDawg....You are in the garden according to you're siggy so you can't come out without at least 10 forum member approvals.....LOL....
12-22-2012 07:00 AM
I envy you guys, even with a 680 plus score citi hates me, oh well I guess chase and discover will get my money!
IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions based on Experian or Equifax data (additional FICO® Score versions based on TransUnion data are not currently available on myFICO.com). Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more
FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.