topic Re: Citi Balance Transfer Offer Spam in Credit Cards

Citi Balance Transfer Offer Spam

kerplunk — Wed, 19 Feb 2020 13:53:10 GMT

Citi has sent me a letter about their balance transfer promotion every day for the past month. No exaggeration. Every day I check my mail, there is a Citi envelope waiting for me. Are these guys insane? I'm already annoyed with them for cutting ALL of the normal benefits/protections (like extended warranty, for example). In what universe do they think it's acceptable to spam me like that? Crazy thing -- I have no balances to transfer.

Has anyone else experienced this type of ridiculousness from Citi or am I just a system malfunction?

Re: Citi Balance Transfer Offers

Anonymous — Wed, 19 Feb 2020 13:20:12 GMT

Me but it’s slowed down a little bit. I’ve received letters for their BT card, simplicity, diamond. Pre selected to apply on 2 of their cards via website.. solid APR so I have zero doubt I’d get approved but I’m gardening until the fall.

So yeah they’re excessive

Re: Citi Balance Transfer Offers

Ficoproblems247 — Wed, 19 Feb 2020 13:30:34 GMT

Same. I have no balances to transfer either, and my limit is 1k anyway so not quite sure what they expect me to be able to transfer lol.

Re: Citi Balance Transfer Offers

Remedios — Wed, 19 Feb 2020 13:32:09 GMT

Balance transfers are huge part of their business.

While you may have no interest in it, many others do, so it makes sense for them to mail these offers in bulk to those who did not opt out after the approval.

This is Citi's Privacy notice. It tells you towards the end which steps to take in order to opt out from certain advertising offers

https://online.citi.com/JRS/portal/template.do?ID=Privacy

Re: Citi Balance Transfer Offers

kerplunk — Wed, 19 Feb 2020 13:42:42 GMT

@Remedios wrote:
Balance transfers are huge part of their business.
While you may have no interest in it, many others do, so it makes sense for them to mail these offers in bulk to those who did not opt out after the approval.
This is Citi's Privacy notice. It tells you towards the end which steps to take in order to opt out from certain advertising offers
https://online.citi.com/JRS/portal/template.do?ID=Privacy

My concern, as I clearly stated, is with them sending me a letter every single day for the past month. Thanks for the link. It's too bad it has to be all or nothing with them.

Re: Citi Balance Transfer Offers

AverageJoesCredit — Wed, 19 Feb 2020 14:22:14 GMT

I ve taken 2 bt offers recently from Sears MC and now the onslaught of offers is on like donkey kong

Good thing about Citi bts is you can deposit them in your checking

Go ahead @kerplunk deposit 1 bt check from every envelope Have fun

Re: Citi Balance Transfer Offers

Revelate — Wed, 19 Feb 2020 18:35:06 GMT

If they weren't 3% fee I'd take advantage of one of them but sadly, no.

Re: Citi Balance Transfer Offers

Anonymous — Wed, 19 Feb 2020 18:43:46 GMT

It seems the no fee BT is a rare bird these days.

I agree that Citi is relentless with offers, both email and regular mail. But it's better to be on the list than not, as it may be wanted/needed one day. I'm hoping that since I PC'd my AAdvantage to the DC I'll get a few offers on that one now, and might slip in a no fee option to start things off!

Re: Citi Balance Transfer Offer Spam

SFLSpotter9210 — Thu, 20 Feb 2020 00:30:54 GMT

Me and the wife have the same situation as you. Every day there's something in the mail from Citi for me or the wife. At least they're sending you something as opposed to nothing lol.

Re: Citi Balance Transfer Offers

UpInSmoke — Sun, 08 Mar 2020 04:44:38 GMT

@Revelate wrote:
If they weren't 3% fee I'd take advantage of one of them but sadly, no.

I've been getting bombarded recently on all my Citi cards too but the only attractive one is Diamond Preferred. It has a $0 BT fee and 1.99% until 5/1/2021 (expires 4/7/20). I was waiting until today to do the SP CLI as today is 6 months since my last CLI. I did the SP and got $2K increase up to $21.9K. I was even willing to take a HP and asked for $40K. I'm awaiting still awaiting decision. I don't have any balances to transfer but for 2%, give me all you will. I can invest at a much higher rate as it gives me extra liquidity to finish a couple of projects at a more favorable cost of capital. I'm going to make out on this deal...!! The fact that I can write checks is what makes this workable. Thumbs up Citi!!!

Re: Citi Balance Transfer Offers

AverageJoesCredit — Sun, 08 Mar 2020 13:45:23 GMT

@UpInSmoke wrote:
@Revelate wrote:
If they weren't 3% fee I'd take advantage of one of them but sadly, no.
I've been getting bombarded recently on all my Citi cards too but the only attractive one is Diamond Preferred. It has a $0 BT fee and 1.99% until 5/1/2021 (expires 4/7/20). I was waiting until today to do the SP CLI as today is 6 months since my last CLI. I did the SP and got $2K increase up to $21.9K. I was even willing to take a HP and asked for $40K. I'm awaiting still awaiting decision. I don't have any balances to transfer but for 2%, give me all you will. I can invest at a much higher rate as it gives me extra liquidity to finish a couple of projects at a more favorable cost of capital. I'm going to make out on this deal...!! The fact that I can write checks is what makes this workable. Thumbs up Citi!!!

Citi giving a $0 BT offer? Thats rare and huge Congrats

Re: Citi Balance Transfer Offer Spam

wingennis — Sun, 08 Mar 2020 15:12:41 GMT

@kerplunk wrote:
Citi has sent me a letter about their balance transfer promotion every day for the past month. No exaggeration. Every day I check my mail, there is a Citi envelope waiting for me. Are these guys insane? I'm already annoyed with them for cutting ALL of the normal benefits/protections (like extended warranty, for example). In what universe do they think it's acceptable to spam me like that? Crazy thing -- I have no balances to transfer.

Has anyone else experienced this type of ridiculousness from Citi or am I just a system malfunction?

Me, too. I'm getting it for my simplicity which already has a BT on it and is my only balance. DAILY when I log in, too.

Re: Citi Balance Transfer Offer Spam

Remedios — Sun, 08 Mar 2020 15:14:34 GMT

Dont worry, those offers will stop when you need them

That's sadly a true story

Re: Citi Balance Transfer Offer Spam

UpInSmoke — Sun, 08 Mar 2020 16:07:54 GMT

@Remedios wrote:
Dont worry, those offers will stop when you need them
That's sadly a true story

That's exactly the reason I play the game the way I do. The best (and only) time to get access to credit is when you don't need it. Because if/when you need it...crickets!! You have to think like the bank.

Re: Citi Balance Transfer Offer Spam

Pit-Smoker — Sun, 08 Mar 2020 16:56:20 GMT

@Remedios wrote:
Dont worry, those offers will stop when you need them
That's sadly a true story

^^^^ This. Also sadly, I'm not on their list. Maybe in a couple of years.

Re: Citi Balance Transfer Offer Spam

Anonymous — Thu, 02 Apr 2020 23:17:01 GMT

I was having this issue with Citi as well. I havent heard anything from them since beginning of March when covid 19 start shutting businesses down. I still have the offer on the website but they have not reminded me in a long time its there. Now its almost like they hope I dont see it. LOL. Capital one and Discover were also spamming me in emails and snail mail for balance transfers, but they stopped too. I have their offers still on the websites though.

Re: Citi Balance Transfer Offer Spam

UpInSmoke — Fri, 03 Apr 2020 04:15:21 GMT

@Anonymous wrote:
I was having this issue with Citi as well. I havent heard anything from them since beginning of March when covid 19 start shutting businesses down. I still have the offer on the website but they have not reminded me in a long time its there. Now its almost like they hope I dont see it. LOL. Capital one and Discover were also spamming me in emails and snail mail for balance transfers, but they stopped too. I have their offers still on the websites though.

@Carmy03, yeah. We are in a much different world today than just a few short weeks ago. Crazy! Based on all that's happened, I'm sure the banks are being very cautious. The best time to get money from a bank is when you don't need it. When you need it, umm, good luck!

Re: Citi Balance Transfer Offer Spam

Taurus22 — Fri, 03 Apr 2020 13:39:42 GMT

Yep. Every week I get at least 2 -3 mailers....like clockwork.

Simplicity, Rewards+, and Diamond Pref