topic Re: Citi Custom Cash Card in Credit Cards

Citi Custom Cash Card

urluckypenny1 — Tue, 06 Jun 2023 10:15:19 GMT

I've been considering the Citi Custom Card due to 5% cash back at a certain category. I've seen some people use it at gas stations, which I frequent a lot due to my work.

Anyone have any experience with this card and starting credit limit and the ins and outs?

Re: Citi Custom Cash Card

FireMedic1 — Tue, 06 Jun 2023 13:31:14 GMT

Has your BK fallen off yet from 2013? Was Citi burned? I have no experience with Citi cores cards. Just co-branded cards.

Re: Citi Custom Cash Card

M_Smart007 — Wed, 07 Jun 2023 20:56:32 GMT

@urluckypenny1 wrote:
I've been considering the Citi Custom Card due to 5% cash back at a certain category. I've seen some people use it at gas stations, which I frequent a lot due to my work.
Anyone have any experience with this card and starting credit limit and the ins and outs?

@urluckypenny1,

I have (2) Citi custom cash cards ..however I did not apply for them directly,

they are a result of product changes from other Citi legacy/core cards.

Citi does not really like recent inquiries and recent new accounts... IMO

You can read some Custom Cash approval's here for further DP's;

https://ficoforums.myfico.com/t5/forums/searchpage/tab/message?advanced=false&allow_punctuation=false&filter=location&location=forum-board%3AApp_Approvals&q=citi+custom+cash+approval

Re: Citi Custom Cash Card

urluckypenny1 — Wed, 07 Jun 2023 22:55:51 GMT

Thank you for the advice and information.

Re: Citi Custom Cash Card

NoMoreE46 — Thu, 08 Jun 2023 03:04:23 GMT

@urluckypenny1 .

Would you be willing to offer any of your profile? As stated, Citi does not like a lot of inquiries/apps but "a lot" can be profile dependent.

Do note that the maximum on any 5% category is $500 per statement.

Re: Citi Custom Cash Card

JtAlmond — Sat, 12 Aug 2023 21:22:32 GMT

I have the CCC card which is my dedicated grocery card. I have no problems with the card and collecting my rewards. The app was a bit tricky which caused me to pay my first statement twice over. Citi promptly refunded the overpay. What's confusing is after my application during the wait time I got a letter from Citi stating my application for the card was denied because of too many recent credit inquiries on my record yet they still sent the card which I activated and am presently using.

Re: Citi Custom Cash Card

mgood — Sat, 12 Aug 2023 22:40:15 GMT

Custom Cash is probably the most frequently used card in my wallet.

It's a wild card that covers whatever Chase and Discover are not giving me 5% on that quarter. Usually it's my gas stations card, and I'm spending money in gas stations every day. This quarter, both the Chase Freedom Flex and Discover it Cash back have 5% back at gas stations. Last month and this month I've been working out of town a lot, staying in motels. (Employer books and pays for motels, so I get no travel rewards ) I'm eating out a lot more than usual, nearly every evening. The Custom Cash is my restaurant card right now.

Re: Citi Custom Cash Card

ptatohed — Sun, 13 Aug 2023 08:11:45 GMT

This is exactly right. Whatever your other 5% rotators don't cover in any given month/quarter? The citi CC is there to fill in. It's a very powerful card.

For me, this quarter, none of my 5% rotators - Freedom, Disco, or nusenda - covered dining so.... citi CC to the rescue.

Re: Citi Custom Cash Card

MarkintheHV — Sun, 13 Aug 2023 10:39:16 GMT

@FireMedic1 wrote:
Has your BK fallen off yet from 2013? Was Citi burned? I have no experience with Citi cores cards. Just co-branded cards.

Same here, applied for Custom Cash several times, always declined, but, applied for the AAdvantage Executive card, and they gave me 30.5K. Go figure.

Re: Citi Custom Cash Card

Lou-natic — Sun, 13 Aug 2023 12:55:32 GMT

@MarkintheHV wrote:
@FireMedic1 wrote:
Has your BK fallen off yet from 2013? Was Citi burned? I have no experience with Citi cores cards. Just co-branded cards.
Same here, applied for Custom Cash several times, always declined, but, applied for the AAdvantage Executive card, and they gave me 30.5K. Go figure.

That's because even though both are "Citi" they are two different divisions of the bank and are managed separately.

The Citi Custom Cash is a card so nice I got it twice. Look at that I'm a poet and didn't even know it.

Re: Citi Custom Cash Card

abcdefghijklmnopqrstuvwxy — Mon, 14 Aug 2023 02:22:19 GMT

thanks for the info in this discussion. i have a premier i need to product swap and this might be it. sounds pretty good and i'll be able to cash out TYPs for 1 cent. thanks!

Re: Citi Custom Cash Card

ptatohed — Mon, 14 Aug 2023 06:26:16 GMT

@abcdefghijklmnopqrstuvwxy wrote:
thanks for the info in this discussion. i have a premier i need to product swap and this might be it. sounds pretty good and i'll be able to cash out TYPs for 1 cent. thanks!

You could make it 1.11cpp if you add in a Rewards+, for the first $100 back/yr.

Re: Citi Custom Cash Card

Anonymous — Mon, 14 Aug 2023 11:06:51 GMT

So all this praise for the Custom Cash makes me wonder, should I try to PC my Dividend....

Re: Citi Custom Cash Card

Lou-natic — Mon, 14 Aug 2023 15:43:10 GMT

@Anonymous wrote:
So all this praise for the Custom Cash makes me wonder, should I try to PC my Dividend....

The 5% cash back earning rate is going to be the same for both cards if you can max them out. The real bonus with the Custom Cash is no rotating nonsense so it's flexibility is unparalleled. Use it for gas one month, restauraunts the next, home improvement the month after that if you want and still get $300 back per year instead of hoping the rotating categories line up with your spending.

Re: Citi Custom Cash Card

Anonymous — Mon, 14 Aug 2023 20:40:52 GMT

@Lou-natic wrote:
@Anonymous wrote:
So all this praise for the Custom Cash makes me wonder, should I try to PC my Dividend....
The 5% cash back earning rate is going to be the same for both cards if you can max them out. The real bonus with the Custom Cash is no rotating nonsense so it's flexibility is unparalleled. Use it for gas one month, restauraunts the next, home improvement the month after that if you want and still get $300 back per year instead of hoping the rotating categories line up with your spending.

Right, the only advantage of the Dividend (and I haven't done this since my MS days) is you can spend the $6000 all at once if needed, no need to spread throughout the year. Custom Cash spend wise is even more limiting than Freedom/Discover but freedom from issuer-chosen category is great value

Re: Citi Custom Cash Card

FalconSteve — Tue, 15 Aug 2023 01:10:35 GMT

@M_Smart007 wrote:]
@urluckypenny1,
I have (2) Citi custom cash cards ..however I did not apply for them directly,
they are a result of product changes from other Citi legacy/core cards.

Citi does not really like recent inquiries and recent new accounts... IMO

You can read some Custom Cash approval's here for further DP's;
https://ficoforums.myfico.com/t5/forums/searchpage/tab/message?advanced=false&allow_punctuation=false&filter=location&location=forum-board%3AApp_Approvals&q=citi+custom+cash+approval

I thought Citi limited you to 1 Custom Cash card? Maybe PC got around that rule?

Re: Citi Custom Cash Card

ptatohed — Tue, 15 Aug 2023 02:40:35 GMT

@Anonymous wrote:
So all this praise for the Custom Cash makes me wonder, should I try to PC my Dividend....

No! Don't do it! lol

Re: Citi Custom Cash Card

Lou-natic — Tue, 15 Aug 2023 12:07:26 GMT

@FalconSteve wrote:
I thought Citi limited you to 1 Custom Cash card? Maybe PC got around that rule?

I PCd my Double Cash into a 2nd Custom Cash so yeah.

Re: Citi Custom Cash Card

Anonymous — Thu, 17 Aug 2023 16:07:58 GMT

@ptatohed wrote:
@Anonymous wrote:
So all this praise for the Custom Cash makes me wonder, should I try to PC my Dividend....
No! Don't do it! lol

Well, naturally when someone tells me not to, I contacted Citi to see if I could. I have about $41 cashback on Dividend and need $50. The high threshold and the fact I find it hard to reach tell me the card is no longer very valuable. I asked about what would happen to the rewards and got the response that new conditions will apply within 11 days of the conversion, so I should use the dividend, reach $50 and redeem.

"Within" isn't very reassuring if that was the plan, suppose it was 2 and the charges didn't post! So I will wait till I have $50 then redeem, then convert. Sorry @ptatohed

Re: Citi Custom Cash Card

ptatohed — Thu, 17 Aug 2023 17:37:23 GMT

@Anonymous wrote:
@ptatohed wrote:
@Anonymous wrote:
So all this praise for the Custom Cash makes me wonder, should I try to PC my Dividend....
No! Don't do it! lol
Well, naturally when someone tells me not to, I contacted Citi to see if I could. I have about $41 cashback on Dividend and need $50. The high threshold and the fact I find it hard to reach tell me the card is no longer very valuable. I asked about what would happen to the rewards and got the response that new conditions will apply within 11 days of the conversion, so I should use the dividend, reach $50 and redeem.

"Within" isn't very reassuring if that was the plan, suppose it was 2 and the charges didn't post! So I will wait till I have $50 then redeem, then convert. Sorry @ptatohed

Ha ha.

I didn't know redemption was $50 minimum. That's rough. Can you not combine the TYPs with other citi cards?

I have always kicked myself for not grabbing this card. I think it is cool that they are still honoring this card's rewards program for existing holders. The cap of $300 earned per year sucks but at least you can earn that $300 all in one quarter if you wanted. I like to have multiple 5% rotators so that one can fill in if the others don't cover a 5% cat in any given quarter. Granted, the Dividend seems to have a lot of overlap with the other 5% rotators though. Good luck.