topic Re: How to in Credit Cards

How to

juniornj23 — Sun, 08 May 2016 20:54:01 GMT

How do i kno when is a marketing letter or a real pre selected on citi i have a letter from citi thankyou preferred 0% 12 moths 21.24% APR

Re: How to

Anonymous — Sun, 08 May 2016 21:42:58 GMT

A set APR as opposed to a range. Plus sometimes the terms differ, like 9 months 0% APR when the standard offer is 21 months. At least that's my best guess.

Re: How to

myjourney — Sun, 08 May 2016 21:42:28 GMT

Does it have the OPT out notice?

Re: How to

Anonymous — Sun, 08 May 2016 21:44:04 GMT

Prequalified offers have one specific APR listed and have a notice that says you can opt out of pre-selected offers. Generic marketing has an APR range (13-25%, for example) and no opt-out notice.

Re: How to

juniornj23 — Sun, 08 May 2016 22:01:55 GMT

My has 0% intro on balacen transfers and purchases for 12 moths and 21.24 % so i guess you are saying this is a real pre selected. Even though i will wait unti june because will pay 20% of my balance

Re: How to

myjourney — Sun, 08 May 2016 22:34:59 GMT

@juniornj23 wrote:
My has 0% intro on balacen transfers and purchases for 12 moths and 21.24 % so i guess you are saying this is a real pre selected. Even though i will wait unti june because will pay 20% of my balance

It must have all the info listed by the 3 posters above

An offer

Set APR

OPT out notice

Does yours cover all 3 areas?

If so its good

If not its marketing YMMV

Re: How to

juniornj23 — Sun, 08 May 2016 23:46:56 GMT

Thank you everyone .but since i have a plan i will keep it . I will wait until September since my last app spree was in September plus i will pay down my balace to 5% now is 20 % with 17k debt. Once i pay down and get the UTl to 9 to 5% will go for amex and citi

Re: How to

Anonymous — Mon, 09 May 2016 03:58:04 GMT

@juniornj23 wrote:
My has 0% intro on balacen transfers and purchases for 12 moths and 21.24 % so i guess you are saying this is a real pre selected. Even though i will wait unti june because will pay 20% of my balance

On their website, the TY Preferred has 15 months rather than 12 and the range is 13.24-23.24%. So while yours is a real pre-selected, you'll likely get better with a better profile. (Honestly other than really low interest cards, I could care less about the APR but I'd hold out for the 15 months if possible, if it were me.

Re: How to

B335is — Mon, 09 May 2016 07:51:38 GMT

In my experience with Citi and invitation with a posted APR has been a sure thing. I'd only bite if it's something you're really interested in and find it useful.

Re: How to

juniornj23 — Mon, 09 May 2016 17:27:05 GMT

I will wait 2 to 5 more months since 8 HP will drop and i will pay 10 to 12 k from my 17k debt .so less HP and better UTL i think that will help alot plus better AAAoA