topic Re: Convince me not to do it (please) in Credit Cards

Convince me not to do it (please)

Anonymous — Tue, 23 Oct 2018 23:36:18 GMT

So I would like to get the Citi Diamond Preferred card (No balance transfer or anything needed) all my utilizations are 0% right now. But I prefer the style of the Diamond Secured card.

Tell me how bad it is and convince me not to apply for either one ever because I don't need it. Literally, I want the shiny blue card for my desk and I am not even kidding which is sad.

Re: Convince me not to do it (please)

jdbkiang — Tue, 23 Oct 2018 23:42:37 GMT

Don’t waste a 5/24 slot! Get a card with a great bonus and reward yourself for showing discipline!

Re: Convince me not to do it (please)

FireMedic1 — Tue, 23 Oct 2018 23:52:17 GMT

You got 3 cards that most would die for but cant have them now or for a long time. But you want a secured card for the looks? Download it, print it, frame it, place the pic right over your TV. You can stare at it when commercials come on.

Re: Convince me not to do it (please)

Anonymous — Tue, 23 Oct 2018 23:53:43 GMT

If you enjoy taking unnecessary and foolish hits to your score for absolutely no returns, you should go for it.

Re: Convince me not to do it (please)

UpperNwGuy — Wed, 24 Oct 2018 00:17:35 GMT

Don't do it. You would be wasting a slot in your wallet. You might think the card is pretty, but sure won't impress the folk you hand it to when it comes time to pay.

Re: Convince me not to do it (please)

jdbkiang — Wed, 24 Oct 2018 00:23:49 GMT

Haha, adding to what FireMedic said, you can even print it over metal and make it a metal card! 😂

Re: Convince me not to do it (please)

UncleB — Wed, 24 Oct 2018 01:54:07 GMT

@Anonymous wrote:
So I would like to get the Citi Diamond Preferred card (No balance transfer or anything needed) all my utilizations are 0% right now. But I prefer the style of the Diamond Secured card.

Tell me how bad it is and convince me not to apply for either one ever because I don't need it. Literally, I want the shiny blue card for my desk and I am not even kidding which is sad.

I can help you out... the Diamond Preferred is no longer available for new applications and has been removed from the Citi website.

https://www.doctorofcredit.com/citi-changes-citi-thankyou-premier-rebranded-as-citi-premier-diamond-preferred-no-longer-available/

Re: Convince me not to do it (please)

Anonymous — Wed, 24 Oct 2018 02:25:19 GMT

@UncleB wrote:
@Anonymous wrote:
So I would like to get the Citi Diamond Preferred card (No balance transfer or anything needed) all my utilizations are 0% right now. But I prefer the style of the Diamond Secured card.

Tell me how bad it is and convince me not to apply for either one ever because I don't need it. Literally, I want the shiny blue card for my desk and I am not even kidding which is sad.
I can help you out... the Diamond Preferred is no longer available for new applications and has been removed from the Citi website.

https://www.doctorofcredit.com/citi-changes-citi-thankyou-premier-rebranded-as-citi-premier-diamond-preferred-no-longer-available/

Re: Convince me not to do it (please)

Thomas_Thumb — Wed, 24 Oct 2018 02:34:34 GMT

@Anonymous wrote:
So I would like to get the Citi Diamond Preferred card (No balance transfer or anything needed) all my utilizations are 0% right now. But I prefer the style of the Diamond Secured card.

Tell me how bad it is and convince me not to apply for either one ever because I don't need it. Literally, I want the shiny blue card for my desk and I am not even kidding which is sad.

Jump

Re: Convince me not to do it (please)

pipeguy — Wed, 24 Oct 2018 02:46:07 GMT

@UncleB wrote:
@Anonymous wrote:
So I would like to get the Citi Diamond Preferred card (No balance transfer or anything needed) all my utilizations are 0% right now. But I prefer the style of the Diamond Secured card.

Tell me how bad it is and convince me not to apply for either one ever because I don't need it. Literally, I want the shiny blue card for my desk and I am not even kidding which is sad.
I can help you out... the Diamond Preferred is no longer available for new applications and has been removed from the Citi website.

https://www.doctorofcredit.com/citi-changes-citi-thankyou-premier-rebranded-as-citi-premier-diamond-preferred-no-longer-available/

Best advice of the day

Re: Convince me not to do it (please)

KingPredator — Wed, 24 Oct 2018 03:07:45 GMT

Hahahaha this made me laugh so hard😂😂😂

Re: Convince me not to do it (please)

Anonymous — Wed, 24 Oct 2018 04:03:03 GMT

At least the unsecured one is unavailable (shocking cause it seems like last week I was looking at it). The secured card isn't really worth me forking over money that doesn't graduate to unsecured (also there is no point in getting this card since I got 3 great cards at my disposal). I really just want it for my desk. Maybe being stupid me I will email citi and ask them if they have demo cards leftover from the diamond. But I doubt it. Maybe worth a shot though in my dumb mind.

Re: Convince me not to do it (please)

CreditInspired — Wed, 24 Oct 2018 08:06:01 GMT

Oh @firemedic, this is a good one 😂

A nice laugh for the start of my day. Thanks

Re: Convince me not to do it (please)

CreditInspired — Wed, 24 Oct 2018 08:08:28 GMT

Oh @UncleB, my morning keeps getting better with the responses to OP’s plight.

I’m loving it. 😂🤣

Re: Convince me not to do it (please)

AverageJoesCredit — Wed, 24 Oct 2018 11:57:12 GMT

@jdbkiang wrote:
Don’t waste a 5/24 slot! Get a card with a great bonus and reward yourself for showing discipline!

Lol, a 5/24 slot is only if one cares about Chase

Re: Convince me not to do it (please)

AverageJoesCredit — Wed, 24 Oct 2018 11:58:35 GMT

@UpperNwGuy wrote:
Don't do it. You would be wasting a slot in your wallet. You might think the card is pretty, but sure won't impress the folk you hand it to when it comes time to pay.

Most cards dont impress people. Only us Fico heads

Re: Convince me not to do it (please)

AverageJoesCredit — Wed, 24 Oct 2018 12:02:26 GMT

Its a nice looking card for a Citi card. Ive seen their CostCo card and man a 2 year old could be more creative.

Maybe get a Simplicity snd paint it black, sprinkle some glitter on it?

Re: Convince me not to do it (please)

Anonymous — Wed, 24 Oct 2018 14:39:53 GMT

Regardless of availablity I’m still trying to really understand the appeal of this card to you. Part of the appeal of having a flashy looking card is what the flashiness implies, which is typically status.

Putting this on your desk to admire is strange since the only thing this card implies is inability to pay off debt...

Re: Convince me not to do it (please)

Queen_Etherea — Wed, 24 Oct 2018 16:12:47 GMT

@jdbkiang wrote:
Don’t waste a 5/24 slot! Get a card with a great bonus and reward yourself for showing discipline!

I keep seeing people posting about Chase cc's and honestly don't know why everyone cares so much about these cards. Are they really THAT great? Do they have better rewards than most or something?

Re: Convince me not to do it (please)

Anonymous — Wed, 24 Oct 2018 16:52:57 GMT

@Queen_Etherea wrote:
@jdbkiang wrote:
Don’t waste a 5/24 slot! Get a card with a great bonus and reward yourself for showing discipline!
I keep seeing people posting about Chase cc's and honestly don't know why everyone cares so much about these cards. Are they really THAT great? Do they have better rewards than most or something?

They are arguably, and in my opinion the most well rounded rewards credit cards out there. Ultimate Rewards cards are a great combination of perks/point earning/rewards/affordability that can be utilized by the majority of people. Untill just recently, Chase pretty much had no competition.

Besides all that its just future proofing your credit card portfolio by ensuring you have Chase Credit cards because of their infamous 5/24 rule. Even if you dont use Chase Cards, having them now allows you to always go back to them later if needed when you are inevitably outside of 5/24. This strict 2 year rule doesnt really apply to anything else, so thats why Chase always has priority.