topic Re: Citi TY Premier Product Change? in Credit Cards

Citi TY Premier Product Change?

Anonymous — Tue, 29 Aug 2017 17:18:03 GMT

Hey Guys,

I have a Citi TY Premier since July 2016 after Product changing from ATT Access More which was opened in July 2015.. I do not use my TYP much (have CSR for Travel) so was thinking what's the best card I should product change TYP to. I do have the annual fee waived on this card, but was thinking I can product change so I am eligible for Prestige offer somewhere in July-Aug next year because of Citi 24 month rules.

Should I product change my TYP to Dividend or Double Cash? Or just keep as is and I will still be eligible for Prestige offer next year?

Please correct me if my understanding in Product change or 24 month rule is not correct.

As always thanks in advance guys for your help and inputs

Re: Citi TY Premier Product Change?

UpperNwGuy — Tue, 29 Aug 2017 20:55:19 GMT

I can't tell which cards you already have because there is something wrong with the way you are hosting the images of those cards in your signature line, and all that appears is a row of question marks. However, if you don't already have a 2% flat rate card, I recommend you reqest that Citi product change the Premier to a Double Cash.

Re: Citi TY Premier Product Change?

AverageJoesCredit — Tue, 29 Aug 2017 21:05:39 GMT

Double Cash = double fun

Re: Citi TY Premier Product Change?

Anonymous — Tue, 29 Aug 2017 21:54:15 GMT

@UpperNwGuy wrote:
I can't tell which cards you already have because there is something wrong with the way you are hosting the images of those cards in your signature line, and all that appears is a row of question marks. However, if you don't already have a 2% flat rate card, I recommend you reqest that Citi product change the Premier to a Double Cash.

Aaah.. I uploaded the images under my profile and for some reason they are not loading.. well, here are my cards

CSR, Chase FU, BOA Merril+, BOA Cash Rewards, Barclay Arrival+, Citi TYP, AMEX BCE, Discover, Macys

I already product changed my Arrival+ to no-annual fee Arrival last night.. So another thing stuck in my mind is, if I do product change TYP to Double Cash then I would not have a no-foreign transaction fee Mastercard in my wallet.. I generally have couple of international trips accross the year and prefer a Mastercard over Visa for better currency convertion rates

I researched further and Citi Dividend does not look attractive compared to Double Cash but I was thinking may be I can product change to AAdvantage, there also I can get the annual fee waived simillar to TYP, have 0% foreign transaction but it might reset my 24 month clock with Citi. I don't know I am not getting clarity what can I do to be eligible for Prestige bonus next year, may be I can get the bonus even with Premier in my wallet as I never received a bonus on my Premier.

Re: Citi TY Premier Product Change?

Anonymous — Tue, 29 Aug 2017 22:14:56 GMT

@AverageJoesCredit wrote:
Double Cash = double fun

Yeah was thinking about it.. but then I would not have a no-foreign transaction fee Mastercard in my wallet and I think card number will change so that might affect me getting the Prestige bonus next year.. this 24 month Citi rule is so confusing me

Re: Citi TY Premier Product Change?

Anonymous — Tue, 29 Aug 2017 22:35:50 GMT

Just hang onto it, who knows what will happen in the near future.

Re: Citi TY Premier Product Change?

UpperNwGuy — Wed, 30 Aug 2017 00:54:01 GMT

You don't need a no foreign transaction fee MasterCard in your wallet. I travel to Europe twice a year, and I don't have any MasterCards in my wallet. Visa is all you need in Europe. Unless you are spending huge sums of money, the difference in the conversion rates is not significant.

Re: Citi TY Premier Product Change?

csryang — Wed, 30 Aug 2017 01:27:06 GMT

Your situation is unique I think. Your premier was product changed from ATT Access which opened in July 2015. Do they have the same card number? If so, then it might be likely that you are safe to open a Citi Prestige in Aug 2017. This is because Citi might think your Premier's open date is actually July 2015, not July 2016. You probably should have product changed ATT Access to a no annual fee card and should have applied for Premier with its bonus...

However, to be safe, I suggest you keep Premier at this time. So far, there's no good data points to show that product changing will or will not reset the 24 month clock with Citi. Since you had Citi Premier in July 2016, the safest way is to not close or product change your card until after you are approved and have received the bonus for Citi Prestige in Aug 2018.

Re: Citi TY Premier Product Change?

Anonymous — Fri, 01 Sep 2017 00:53:47 GMT

@UpperNwGuy wrote:
You don't need a no foreign transaction fee MasterCard in your wallet. I travel to Europe twice a year, and I don't have any MasterCards in my wallet. Visa is all you need in Europe. Unless you are spending huge sums of money, the difference in the conversion rates is not significant.

Well, I generally have couple of short Europe trips and a month+ long Asia trip every year.. I do not spend much while in Europe but it sums up heavily when in Asia.. I may change my Premier to something else but not sure if I do so, it will prevent me for getting a Prestige bonus next year?

Re: Citi TY Premier Product Change?

Anonymous — Fri, 01 Sep 2017 00:57:37 GMT

@csryang wrote:
Your situation is unique I think. Your premier was product changed from ATT Access which opened in July 2015. Do they have the same card number? If so, then it might be likely that you are safe to open a Citi Prestige in Aug 2017. This is because Citi might think your Premier's open date is actually July 2015, not July 2016. You probably should have product changed ATT Access to a no annual fee card and should have applied for Premier with its bonus...

However, to be safe, I suggest you keep Premier at this time. So far, there's no good data points to show that product changing will or will not reset the 24 month clock with Citi. Since you had Citi Premier in July 2016, the safest way is to not close or product change your card until after you are approved and have received the bonus for Citi Prestige in Aug 2018.

Thank you.. Well when I product changed from ATT access more to Premier, card number did change and that is what bothering me.. I see your point of keeping Premier as is because if I do change card number might change again and it will reset my 24 month window because I closed a TY card.. but does it really matter because I never received a bonus on my Premier? Moreover can I keep my Premier as is and apply Premier again next year means having 2 Premiers at once in my wallet?

Re: Citi TY Premier Product Change?

csryang — Fri, 01 Sep 2017 02:06:41 GMT

@Anonymous wrote:
@csryang wrote:
Your situation is unique I think. Your premier was product changed from ATT Access which opened in July 2015. Do they have the same card number? If so, then it might be likely that you are safe to open a Citi Prestige in Aug 2017. This is because Citi might think your Premier's open date is actually July 2015, not July 2016. You probably should have product changed ATT Access to a no annual fee card and should have applied for Premier with its bonus...

However, to be safe, I suggest you keep Premier at this time. So far, there's no good data points to show that product changing will or will not reset the 24 month clock with Citi. Since you had Citi Premier in July 2016, the safest way is to not close or product change your card until after you are approved and have received the bonus for Citi Prestige in Aug 2018.
Thank you.. Well when I product changed from ATT access more to Premier, card number did change and that is what bothering me.. I see your point of keeping Premier as is because if I do change card number might change again and it will reset my 24 month window because I closed a TY card.. but does it really matter because I never received a bonus on my Premier? Moreover can I keep my Premier as is and apply Premier again next year means having 2 Premiers at once in my wallet?

It's hard to answer your first question since we need more datapoints on how Citi views "new account."

As for your second question, yes, you can have another Premier while keeping the old Premier open.

Conservatively, I believe that this is what Citi views your cards right now:

ATT Access more - open date July 2015

Citi Premier - open date July 2016

So, you can apply and get another bonus in Aug 2018 from either another Citi premier or Prestige (you can only choose one...)

My personal experiece:

Got Prestige in Dec 2014

Got old Premier in June 2015

I just got approved for another Premier in July 2017. Bonus from new Premier awarded in Aug 2017 and then I product changed old Premier into Double Cash.

So, I know my next round of TY family application is Sept 2019.

Re: Citi TY Premier Product Change?

UpperNwGuy — Fri, 01 Sep 2017 02:10:05 GMT

@Anonymous wrote:
@UpperNwGuy wrote:
You don't need a no foreign transaction fee MasterCard in your wallet. I travel to Europe twice a year, and I don't have any MasterCards in my wallet. Visa is all you need in Europe. Unless you are spending huge sums of money, the difference in the conversion rates is not significant.
Well, I generally have couple of short Europe trips and a month+ long Asia trip every year.. I do not spend much while in Europe but it sums up heavily when in Asia.. I may change my Premier to something else but not sure if I do so, it will prevent me for getting a Prestige bonus next year?

The difference in the conversion rates varies from currency to currency and from day to day, but overall it is about 0.1%. My Europe trips usually cost about $5,000 each, so if I had used a MasterCard instead of a Visa, I would have saved a total of $5.00. Not worth the trouble.