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Citi Thank You Preferred - Closed After Receipt of Card

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Super Contributor

Re: Citi Thank You Preferred - Closed After Receipt of Card

You are free to close any card, and obviously it's done, but some items to consider.

 

With Citi, this would be building your internal score with them. SP CLI do become available after a time, and the account can grow over time. 

Citi would have BT offers available to you soon, so with a 3% fee to get 0% APR for 12 a 15 months, that makes it easier to carry a balance that has been run up on your other rewards cards.  AMEX never has BT offers after some initial promos, Chase does for some, but with a main spend card, easiest to keep the BT on a separate card. 

The TY points would accumulate, and if a TY Premier or Prestige sign up offer comes later, they can be transferred then. Flying Blue is a transfer partner from TY, MR, and UR, and domestically Flying Blue uses Delta for those tickets. 

 

Mostly pointing these out for others reading the thread. 

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Message 21 of 23
Mega Contributor

Re: Citi Thank You Preferred - Closed After Receipt of Card


@NRB525 wrote:

You are free to close any card, and obviously it's done, but some items to consider.

 

With Citi, this would be building your internal score with them. SP CLI do become available after a time, and the account can grow over time. 

Citi would have BT offers available to you soon, so with a 3% fee to get 0% APR for 12 a 15 months, that makes it easier to carry a balance that has been run up on your other rewards cards.  AMEX never has BT offers after some initial promos, Chase does for some, but with a main spend card, easiest to keep the BT on a separate card. 

The TY points would accumulate, and if a TY Premier or Prestige sign up offer comes later, they can be transferred then. Flying Blue is a transfer partner from TY, MR, and UR, and domestically Flying Blue uses Delta for those tickets. 

 

Mostly pointing these out for others reading the thread. 


And just to be clear: Flying Blue is the AirFrance/KLM program.  In addition, Thank You Preferred, without another card, can transfer to TrueBlue, the frequent flier program of JetBlue

Message 22 of 23
Valued Contributor

Re: Citi Thank You Preferred - Closed After Receipt of Card


@longtimelurker wrote:


And just to be clear: Flying Blue is the AirFrance/KLM program.  In addition, Thank You Preferred, without another card, can transfer to TrueBlue, the frequent flier program of JetBlue


The JetBlue program was mentioned on the first page I believe, but as also mentioned the redemption value is very poor. Overall this card is not optimal really for any situation.

Message 23 of 23
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