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Established Contributor
Posts: 1,048
Registered: ‎02-27-2012
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Why is Citi Diamond Preferred so sought after?

So I see many people want this card. Other than the aesthetics of the card, the slightly lower interest rate, the concierge service and the intro promo, I don't see much going for this card. If it had rewards, I would understand but it doesn't.

 

So what gives? What am I missing here??

AMEX: $0/$25,000, CSP: $0/$6500, Chase Priority Club: $0/$3500, Freedom: $0/$6000, Barclays NFL: $0/$7000 Discover: $0/$14,000, Citi Dividend: $0/$3500

EQ FICO - 728
TU FICO - 743
EX FICO(AMEX) - 712
Frequent Contributor
Posts: 271
Registered: ‎08-09-2009
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Re: Why is Citi Diamond Preferred so sought after?

My mom has it because she was pre approved. She doesn't know much about card benefits. She just liked her us airways card for miles alot. I'm going to see if I can PC her to the Forwsrd because of the points

She doesn't really like credit though. I'm trying to teach her that she can be rewarded for good credit

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Frequent Contributor
Posts: 271
Registered: ‎08-09-2009
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Re: Why is Citi Diamond Preferred so sought after?

And by the by....it isn't that great IMO

I want the forward so bad. I have the American Airlines

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Established Contributor
Posts: 772
Registered: ‎01-03-2012
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Re: Why is Citi Diamond Preferred so sought after?


SwiftTone wrote:

So I see many people want this card. Other than the aesthetics of the card, the slightly lower interest rate, the concierge service and the intro promo, I don't see much going for this card. If it had rewards, I would understand but it doesn't.

 

So what gives? What am I missing here??


For me, the primary appeal is the ongoing 0% BT offers that I receive.  As I continue to work on paying down my revolving debt, this card has been invaluable to me.  I now have other rewards cards that are "better," but for me this card has a definite purpose.  Also, Citi was one of the first prime lenders to give me credit when I started rebuilding my card portfolio, and I appreciate that.

 

And the fact that it is a cool-looking card is also a plus! Smiley Tongue


Starting Score: Jan 2012: EQ - 659, TU08 - 670, EX - ???
Current Score:April 2014: EQ - 772, TU08 - 782, EX - 754
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Frequent Contributor
Posts: 271
Registered: ‎08-09-2009
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Re: Why is Citi Diamond Preferred so sought after?

I will say....the card does look cool 

 

i still have my Citi Secured lol....I think that helped me get the AAdvantage


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Take the FICO Fitness Challenge

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Established Contributor
Posts: 637
Registered: ‎01-16-2012
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Re: Why is Citi Diamond Preferred so sought after?

I don't get why people say it's a cool looking card.   When you see the card online -- sure, it looks nice, but when you get the card in the mail -- it's all faded -- both the Citi and mastercard emblem  aren't as bright.

 

Other than that, it's a good card for balance transfers and purchases for 18 months at 0%.



(7/23/16) AMEX FICO EX 728, (6/20/16) Discover FICO TU 747, (7/24/16) Barclays FICO 750 (TC Lines $370K) AAoA= 4 yrs
Frequent Contributor
Posts: 409
Registered: ‎04-02-2012
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Re: Why is Citi Diamond Preferred so sought after?

It's on my hit list for fall 2013.

My Wallet:
Discover It $20.3k | Chase United $12k | AMEX BCE $8.2k | Costco Citi Visa $8k | Chase Amazon Visa $8k | Chase Sapphire Preferred $7k | Chase Freedom $5k | Citi Simplicity $5k | Paypal Extras Platinum $5k | Citi Visa Signature $3k | AMEX Schwab $3k | Care Credit $3k | Wells Fargo $1k
Established Contributor
Posts: 1,048
Registered: ‎02-27-2012
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Re: Why is Citi Diamond Preferred so sought after?


Razeus wrote:

It's on my hit list for fall 2013.


So the point of this thread is why?

AMEX: $0/$25,000, CSP: $0/$6500, Chase Priority Club: $0/$3500, Freedom: $0/$6000, Barclays NFL: $0/$7000 Discover: $0/$14,000, Citi Dividend: $0/$3500

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TU FICO - 743
EX FICO(AMEX) - 712
Valued Contributor
Posts: 2,528
Registered: ‎11-11-2010
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Re: Why is Citi Diamond Preferred so sought after?

Citi constantly offers 0% BT offer on all of its cards, not just Diamond Preferred.

In My Wallet:
Citi Forward (12/2010) | Citi Dividend (05/2011) | Chase Freedom (11/2011) | GECRB/PayPal (05/2012)
Discover it (07/2012) | AMEX BCP (09/2012) | TD/Target REDCard (10/2012) | Chase Ink Classic (11/2012)
BofA BBR (04/2013) | FNBO/Overstock.com (02/2014) | Barclaycard Arrival (04/2014) | FIA/Fidelity AMEX (04/2014)
Established Contributor
Posts: 560
Registered: ‎09-29-2012
0

Re: Why is Citi Diamond Preferred so sought after?

I don't get it either.  Diamond.  Meh.  I'll pass.

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