01-12-2013 03:18 PM - edited 01-12-2013 03:26 PM
I apped for this card on a whim, got the 7 to 10 day message. I assumed I was declined, today the card shows up in the mail. I don't want it anymore. Will it affect my credit if I close it right away or can citi convert it to another type of card?
Edit: By the way they approved me for a credit limit of $651, what is with the $1
01-12-2013 09:47 PM
GOOD QUESTION BUT DO YOU MEAN LIKE IF YOU CAN DO A PRODUCT CHANGE TO ANOTHER CITI CARD?????
01-12-2013 10:37 PM
I think you'll need to ask Citi directly on this; however, I would suspect they won't though I could easily be wrong.
Store cards are typically different than co-branded cards and PCing between them generally isn't possible is my understanding of it from the majority of lenders.
01-13-2013 08:14 AM
Have no idea at all about the $1...but if you've already received the card, don't close it. Keep it. Maybe use it a few times, and pay it off in full each and every month, on time.
Citi backs a large number of store cards, and in my experience, a good record on an existing store card gives you an automatic pass to acquire others.
They will not convert your Staples card to another card.
Good luck with everything!
01-13-2013 06:49 PM
FYI, you get free shipping on ALL phone/online orders when paying with a Staples credit card.
I'm an associate so I get the free shipping anyways lol.
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