Got the dreaded "we're renewing your secured account" letter today for the SECOND time.
Been secured 2.5 years and they want to keep it secured for another 12 months.
I'll pass. May apply for a card when I'm done gardening in a couple years. :-)
You were far more patient than I was. I opened my Citi Secured card in March 2019. I think I closed it in August 2019. I opened two unsecured Citi cards in March and April 2020 and still have them.
@KJinNC wrote:You were far more patient than I was. I opened my Citi Secured card in March 2019. I think I closed it in August 2019. I opened two unsecured Citi cards in March and April 2020 and still have them.
haha guess I kinda was. As you can see in my sig I was distracted with the other cards I obtained after the CITI as my credit started improving.
I'll do the same as you and apply for unsecured after my 2 year stint in the garden. Another good thing to that is I'll qualify for whatever SUBs are offered at the time versus had I PC'd to another product.
@Satoshi_inu wrote:Just received my 3rd letter for renewal. This will be my 4th year. Secured since November 2019 with 1k deposit. Never missed a payment. Last 2 years always PIF. Other secured discover from 2018 with 500 deposit took 2 year to grad. Now $3k. I do have 3 major baddies tho from 2018. A repo, eviction, and burned navy fed cc 16k.
You win oh patient one!
And 4 years is some good age. May as well keep it.
@Satoshi_inu wrote:Think this is my 4th review letter I just received today. Been a member since 2019 so it's been 4 yrs. Called and canceled via automated system and received email with confirmation of cancelation. I was hoping to continue my credit journey with citi but the card isnt doing anything for me anymore and i could use the 1k deposit here in few months when apt. rental lease is over. Capital one and discover have filled the void enough so that's that. Currently still at between 625 - 650 fico 8 with 3 bureaus. 3 baddies holding me back which still have a year to consider to drop off. Just got into a new car loan with cap1 so I'm just gardening till my apt rental lease is over in July of 2024... ty to everyone here in myfico community
Yes definitely get your money back!
They ended up approving me for the Custim Cash April 2023 $2000 SL.
