You and that word 'obvious,' Kdm... I don't think anything with Citibank is obvious; and I believe it's way too early to come to that conclusion regarding the Citi Forward card given the new structure Citi rolled out for the product. It's true that there was an APR reduction component on the card for a period of time, but I cannot recall the last time my Forward card has received it (probably years ago), so I'm inclined to believe that it's not a consideration with respect to their current stance on PC'ing this card.
I have a suspicion that PCs will become available in due time. After all, I'm sure Citi would rather keep those cardholders than see them go due to the calamity they caused to the product's reward structure. You can't tell me that Citi believes that Forward cardholders are going to just welcome the butchering to their cards. Perhaps it will take some cancellations to accelerate the authorization of PCs, but I do think it will come.
I have a suspicion that PCs will become available in due time. After all, I'm sure Citi would rather keep those cardholders than see them go due to the calamity they caused to the product's reward structure. You can't tell me that Citi believes that Forward cardholders are going to just welcome the butchering to their cards. Perhaps it will take some cancellations to accelerate the authorization of PCs, but I do think it will come.
@kdm31091 wrote:
@Sharingan wrote:
You and that word 'obvious,' Kdm... I don't think anything with Citibank is obvious; and I believe it's way too early to come to that conclusion regarding the Citi Forward card given the new structure Citi rolled out for the product. It's true that there was an APR reduction component on the card for a period of time, but I cannot recall the last time my Forward card has received it (probably years ago), so I'm inclined to believe that it's not a consideration with respect to their current stance on PC'ing this card.
I have a suspicion that PCs will become available in due time. After all, I'm sure Citi would rather keep those cardholders than see them go due to the calamity they caused to the product's reward structure. You can't tell me that Citi believes that Forward cardholders are going to just welcome the butchering to their cards. Perhaps it will take some cancellations to accelerate the authorization of PCs, but I do think it will come.It is obvious based on many, many people being denied for a PC and reporting it on here over the years. I'm only coming to the conclusion because to my knowledge, no one has ever been able to PC the card, even when it was still available. Anything can happen in the future, in theory, but I don't want to give anyone false hope. All indications have been that once a Forward, always a Forward.
Again, the APR structure is unique on the card, and I believe some have said that has been a roadblock with PC, similar to not being able to PC a Simplicity because of its fee structure. If a card has very specific terms and conditions sometimes you are stuck with it. I'm sure Citi doesn't want to see anyone go, but unfortunately sometimes it's not possible to let people switch products.
Well, you can certainly rely on other people's experiences from years ago to reach your opinion; but what is certain today is that the card is going through changes now and it shouldn't come as a surprise that policies can change as well, especially in anticipation of customer dissatisfaction.
I like both points being made actually. It's hard to argue raw data that is current. So until that data changes, it is all you have to go on. So for now it isn't promising.
However, down the road it can certainly change, and then the outcomes are different. So for now, it probably is the waiting game.
However, down the road it can certainly change, and then the outcomes are different. So for now, it probably is the waiting game.
