topic Re: Citizens Bank World Mastercard in Credit Cards

Citizens Bank World Mastercard

Anonymous — Wed, 18 Mar 2015 21:43:25 GMT

The new hot card?

Choose a card with great cash back rewards or our lowest interest rate. With either choice, you’ll get a convenient, secure card with no annual fee.

Citizens Bank Cash Back Plus™ World MasterCard® Your purchases can earn you a great cash back rate, up to 1.8%.

Unlimited 1.5% cash back rewards on all of your everyday purchases1
A 10% Purchase Bonus2 on your earned cash back rewards when you make at least one purchase every month for six consecutive months or more
A 10% Relationship Bonus3 on your earned cash back rewards and Purchase Bonus when you direct deposit them in a Citizens Bank personal checking, savings or money market account
Take advantage of both bonuses to earn 1.8% cash back
0% introductory APR on balance transfers for 12 billing cycles4; Variable APRs as low as 14.99%, 17.99% and 20.99%5 thereafter
No annual fee
Money-saving features
- No annual fee
- No foreign transaction fees
- No penalty APR for late payments
Shopping protection
- Extended Warranty Protection doubles the original manufacturer’s or store brand warranty for up to two years6
- Price Protection for 120 days from purchase6
World Card Travel Benefits
- Concierge Services6
- Trip Cancellation Insurance6
- Trip Interruption Insurance6
- MasterRental Insurance for collision, loss or damage6
Security features
- Zero Liability Protection against unauthorized purchases7
- Travel accident and baggage delay insurance6
Built-in benefits
- 24/7 online account management
- Up to 21-day grace period on all purchases8
- Balances count toward Circle Gold checking monthly combined balance
- Year-end summary statement

Re: Citizens Bank World Mastercard

Anonymous — Wed, 18 Mar 2015 21:41:24 GMT

@Spider15 wrote:
The new hot card?

Choose a card with great cash back rewards or our lowest interest rate. With either choice, you’ll get a convenient, secure card with no annual fee.
Citizens Bank Cash Back Plus™ World MasterCard® Your purchases can earn you a great cash back rate, up to 1.8%.
Unlimited 1.5% cash back rewards on all of your everyday purchases1
A 10% Purchase Bonus2 on your earned cash back rewards when you make at least one purchase every month for six consecutive months or more
A 10% Relationship Bonus3 on your earned cash back rewards and Purchase Bonus when you direct deposit them in a Citizens Bank personal checking, savings or money market account
Take advantage of both bonuses to earn 1.8% cash back
0% introductory APR on balance transfers for 12 billing cycles4; Variable APRs as low as 14.99%, 17.99% and 20.99%5 thereafter
No annual fee

Lotta hoops to jump through when DC is available. Do we even know what their underwriting looks like?

Re: Citizens Bank World Mastercard

FinStar — Wed, 18 Mar 2015 22:50:36 GMT

I supose it seems like an 'ok' offer. But, I'll pass.

Re: Citizens Bank World Mastercard

chalupaman — Wed, 18 Mar 2015 22:56:43 GMT

Would you have to live in the areas that Citizens Bank does business in order to qualify for the card like with Huntington cards?

What makes this any better than Quicksilver?

I see better APR terms than Double Cash though.

Re: Citizens Bank World Mastercard

yfan — Wed, 18 Mar 2015 22:56:11 GMT

Not exactly impressive. The same base rate as the QS, and I am not really feeling the requirement to direct deposit my paycheck in order to get part of the bonus. Might work well for people who already bank with them, however.

Re: Citizens Bank World Mastercard

taxi818 — Thu, 19 Mar 2015 01:04:33 GMT

Well that extra. -03 percent is interesting. but as nixon said. lots and lots of hoops to jump thru. i honestly thought citizens went belly up.

Re: Citizens Bank World Mastercard

Anonymous — Thu, 19 Mar 2015 01:09:53 GMT

@taxi818 wrote:
Well that extra. -03 percent is interesting. but as nixon said. lots and lots of hoops to jump thru. i honestly thought citizens went belly up.

Big here in the Northeast

Re: Citizens Bank World Mastercard

FinStar — Thu, 19 Mar 2015 01:10:16 GMT

@taxi818 wrote:
Well that extra. -03 percent is interesting. but as nixon said. lots and lots of hoops to jump thru. i honestly thought citizens went belly up.

They were backed not long ago by RBS, so I'm not sure where you heard they went belly up. They separated from RBS and became a publicly-traded company late last year if I recall correctly.

Re: Citizens Bank World Mastercard

wacdenney — Thu, 19 Mar 2015 01:17:07 GMT

1.5% plus no FTF... How many different versions of QS do we need??

Re: Citizens Bank World Mastercard

Anonymous — Thu, 19 Mar 2015 01:19:34 GMT

67.

Re: Citizens Bank World Mastercard

taxi818 — Thu, 19 Mar 2015 01:20:29 GMT

@FinStar wrote:
@taxi818 wrote:
Well that extra. -03 percent is interesting. but as nixon said. lots and lots of hoops to jump thru. i honestly thought citizens went belly up.
They were backed not long ago by RBS, so I'm not sure where you heard they went belly up. They separated from RBS and became a publicly-traded company late last year if I recall correctly.

Because every single branch we used to have here in florida. closed their Doors. became baok of america branches or just boarded the buildings. i really thought they were just a southern bank. because it was not that many of them to begin with. at least not here in florida. more of them were in Georgia however.

Re: Citizens Bank World Mastercard

Ghoshida — Thu, 19 Mar 2015 01:22:07 GMT

@yfan wrote:
Not exactly impressive. The same base rate as the QS, and I am not really feeling the requirement to direct deposit my paycheck in order to get part of the bonus. Might work well for people who already bank with them, however.

I don't think they're asking you to direct deposit your paycheck. More like, deposit your earned cashback from this card into an account with them. This is similar to DD-ing Sallie Mae Mastercard points to Sallie Mae HYSA via your UPromise account.

An additional 10% Relationship Bonus on your earned cash back rewards and Purchase Bonus that you select to redeem via direct deposit into a Citizens Bank personal checking, savings or money market account

As against Cap One Q/S, it earns 0.3% more points, but has a min $25 redemption and $25 multiples. As against Citi DC, it has no FTF and doesn't require a PIF, but is 0.2% lower in cashback. So yes, it's a moderately strong contender for someone who doesn't have either of these cards.

Re: Citizens Bank World Mastercard

FinStar — Thu, 19 Mar 2015 01:27:47 GMT

@taxi818 wrote:
@FinStar wrote:
@taxi818 wrote:
Well that extra. -03 percent is interesting. but as nixon said. lots and lots of hoops to jump thru. i honestly thought citizens went belly up.
They were backed not long ago by RBS, so I'm not sure where you heard they went belly up. They separated from RBS and became a publicly-traded company late last year if I recall correctly.
Because every single branch we used to have here in florida. closed their Doors. became baok of america branches or just boarded the buildings. i really thought they were just a southern bank. because it was not that many of them to begin with. at least not here in florida. more of them were in Georgia however.

Yes, but branch divestitures or exiting specific markets does not mean "belly up" unless the bank truly "failed" and the Feds took over! Far from it. Besides, they were primarily a Northeast bank to begin with.

Re: Citizens Bank World Mastercard

B335is — Thu, 19 Mar 2015 01:28:27 GMT

It's still backed by RBS. They got my hard pull once already. I'll pass.

Re: Citizens Bank World Mastercard

wacdenney — Thu, 19 Mar 2015 01:34:08 GMT

On the right side of the page it says: "Personalize this site" and asks for a zip code. When I put my zip code in, it said: "ZIP Code is out of our business area - Please try again". So...

Re: Citizens Bank World Mastercard

FinStar — Thu, 19 Mar 2015 01:36:18 GMT

@B335is wrote:
It's still backed by RBS. They got my hard pull once already. I'll pass.

Thanks for the confirmation B! I could only recall they had announced their separation last year from RBS but didn't remember if it had went into effect yet. So, just checked and it appears they're expected to be on their own by the end of 2016 based on the remaining RBS ownership stake.

Re: Citizens Bank World Mastercard

B335is — Thu, 19 Mar 2015 02:21:29 GMT

I might apply once RBS is out of the picture. I think they review applications similar to how Élan. They want people with a bank relationship and limited exposure.

Re: Citizens Bank World Mastercard

MyDataMyChoice — Thu, 19 Mar 2015 03:53:12 GMT

There pre-approvals are solid (ask a teller if you have any pre approvals) or open an account (1 penny a month deposit (even if you take it out and put it back in) to keep it open

they pull EQ

They look for 680+ score

I personally dont like the bank (even tho they are my primary)

Re: Citizens Bank World Mastercard

Anonymous — Thu, 19 Mar 2015 17:40:27 GMT

@taxi818 wrote:
Well that extra. -03 percent is interesting. but as nixon said. lots and lots of hoops to jump thru. i honestly thought citizens went belly up.

The Citizens Bank of Pennsylvania referenced in this thread receives a top rating by the FDIC. They are listed as headquarters in Philadelphia, Pennsylvania. As to their past with RBS there appears to be some remaining connection related to credit cards. One poster mentioned a relationship similar to Elan Card Services. Appears to be true.

Re: Citizens Bank World Mastercard

MyDataMyChoice — Thu, 19 Mar 2015 17:47:56 GMT

https://www.citizensbank.com/cards-and-rewards/credit-cards/cashback-plus.aspx