Super Contributor
concorduser
Posts: 6,025
Registered: ‎09-18-2007
Preapproved offers from Citi
Any of you getting pre-approved offers from Citi? This week alone, I got pre-approved offer letters for Exxon-Mobil / Citgo / Citi American Airlies / Shell. I wonder what is going on at Citi. I think they are trying to push more cards again.
Valued Contributor
usmc58555
Posts: 1,673
Registered: ‎02-18-2009
Re: Preapproved offers from Citi

Unless they have left the lending business or closed up shop completely like Advanta, a credit lendor makes money by lending money and annual fees/fees.

 

They still have to keep lending for immediate cash flow/interest accumulation.

 

Just because they have gotten picky/stricter they strill need to function.

 

So I am sure good customers with low risk models are getting offers.

 

 

Signature line begins:
Credit is not a right, but a business transaction, one that takes into account risk, and charges accordingly based on that risk.
Your credit score is an aspect of your credit profile. Important? yes but just an aspect. Contributing/supplemental information determines the finer point of the deal. Ask any question, respect me not to get mad if the answer is not the affirmation you are looking for,
Established Contributor
cartercorp
Posts: 851
Registered: ‎07-01-2008
Re: Preapproved offers from Citi

concorduser wrote:
Any of you getting pre-approved offers from Citi? This week alone, I got pre-approved offer letters for Exxon-Mobil / Citgo / Citi American Airlies / Shell. I wonder what is going on at Citi. I think they are trying to push more cards again.

 

Nothing for me yet.I even have a checking/saving and home loan with them.Im still getting a ton of HSBC crap tho...

But i am recieving e-mail asking me to apply for citi cards nothing pre approved...

Established Contributor
Ulan
Posts: 790
Registered: ‎09-09-2008
Re: Preapproved offers from Citi
I got an offer for an Exxon-Mobil card last week. I don't know what was better with this card, the best feature it got praised for (no annual fee) or the sticker it came with. Into the shredder it went.
Senior Contributor
FretlessMayhem
Posts: 3,279
Registered: ‎08-03-2007
Re: Preapproved offers from Citi

Ulan wrote:
I got an offer for an Exxon-Mobil card last week. I don't know what was better with this card, the best feature it got praised for (no annual fee) or the sticker it came with. Into the shredder it went.

Same for me!

Here we go again...