Citi Prestige conversion with less than 5K CL

[Anonymous]

OK. So as a data point for all since i asked this question and the consensus seemed to be you needed at least a 5K limit to product change into this. You can convert to a citi prestige with only 2500 limit. It does not have to be at least 5K. Now, I didnt get a SUB of course but it was a point of whether i could get value now with the card vs waiting to be prequaled for the card later with a SUB. I have 3 trips planned this year where hotel avg night will be at least $300. that would be $900 expected value i would not have otherwise........well.....$450, yes $450 annual fee was quoted not the $495 annual fee....$450 minus $250 travel credit minus $900 equals $700 net gain. Ill count that as a SUB since I wouldnt have gotten it otherwise....... I know APR is crazy, but I always PIF.

                                                                ..

[CreditCuriosity]

good DP for people

[simplynoir]

That'll be a nice datapoint going forward. Congrats on a successful PC!

[wasCB14]

I'm curious as to the timing of the PC. My Citi PCs have both been from AF to no-AF cards and taken ~45 days

Will they let upgraded customers book 4NF right away? Or can you not book for ~45 days?

We may see a trend of customers...myself possibly included...doing guerilla PCs when a 4NF opportunity approaches.

[Anonymous]

Ok. So I called the CSR twice because the wait time question was a good one. Per both of them the new card benefits go live 11 days after my conversion. Too bad my new card will arrive 10-14 days. The card number was changed but all history retained. Just FYI while they were reading the new terms for the card rep said I would lose all cash back earned, without him proactively asking to cash out before closing. So luckily I caught it and had them direct deposit my $241 before closing..... sheesh.

[DemonHusker]

Congrats! May I ask how you went about the product change. Can you ask for it online, have to call and ask, or was it just an offer on the account.

Thanks

[Anonymous]

I had to proactively call in. Citi has been pretty stingy with offering anything to me after granting me the DC 14 months ago. Only got $500 CLI so far. But it was one of my very first major credit cards during my rebuild so thankful. Unfortunately Now it’s one of my lower limit cards........ do they bucket as well?

[Priory_Man]

Appreciate the DP's, I was one of the "you need 5k" guys, I must have misinterpreted the info I was reading and am happy for you that I was wrong.
A big congrats, and enjoy the card.

[CreditCuriosity]

should chat it up and ask for an APR decrease as well IMO that is an insane APR for a AF that high..  I betcha they would grant it.  Even if you don't carry a balance citi is pretty good with lowering apr's.  Just a principle thing for me personally.

[Anonymous]

Thanks for the suggestion I’ll call tomorrow and see if they can lower my apr. never thought about doing that actually. I still catch myself thinking that I’m lucky they even approved me, instead of now thinking they should treat me better for my business now that I think my scores and payment history should deserve better now......... even though I’m still in rebuild mode.