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New Wayfair Citi Card Is Live

longtimelurker
Mega Contributor

Re: New Wayfair Citi Card Is Live

Also 3% uncapped on groceries, beats the Amex BCE!

Message 11 of 30
Brian_Earl_Spilner
Community Leader
Mega Contributor

Re: New Wayfair Citi Card Is Live


@UpperNwGuy wrote:

So all those folk who were unhappy about Comenity closing their Wayfair cards ought to be happy now.  The new Wayfair card has a better issuer.


Why would they be happy about it? They now have to apply for a new card to get the 0% financing. Take the score hits. Harder approval. The new issuer will probably throw out a bunch of $500 limits that won't grow unless you take a HP.  While with comenity, you had easy approval and a $500 limit could be in the thousands in 4 months giving you a limit that you can actually do something with without wrecking your score from utilization.




Message 12 of 30
rostrow416
Frequent Contributor

Re: New Wayfair Citi Card Is Live

Anyone prequalify for one of the new cards yet?  I have a fraud alert on my CRs (waiting to be removed) that usually messes up prequalications so I can't check.

Amex Gold | Purdue FCU $20,000 | TFCU Plat Visa $12,500 | PenFed Platinum Rewards $10,000 | Synchrony Premier MC $10,000 | SG Visa $10,000 | NFCU MoreRewards $7,000 | NFCU cashRewards $14,000 | Discover IT $3,000 | Capital One BuyPower $850

B&H Payboo Card $15,000 | Amazon Prime Card $10,000 | PC Richard Card $10,000 | Target RedCard $2,000 | Walmart Store Card $1,400 | Shell Gas Card $1,200 | Overstock Store Card $3,850 | Kohl's Store Card $2,500


Spring Cleaning:
C̶a̶p̶i̶t̶a̶l̶ ̶O̶n̶e̶ ̶Q̶u̶i̶c̶k̶S̶i̶l̶v̶e̶r̶ ̶$̶1̶,̶0̶0̶0̶ | C̶r̶e̶d̶i̶t̶ ̶O̶n̶e̶ ̶V̶i̶s̶a̶ ̶$̶1̶,̶2̶0̶0̶ | M̶e̶r̶r̶i̶c̶k̶ ̶B̶a̶n̶k̶ ̶$̶2̶,̶7̶0̶0̶ | M̶a̶r̶v̶e̶l̶ ̶M̶a̶s̶t̶e̶r̶c̶a̶r̶d̶ ̶$̶1̶,̶̶2̶0̶0̶ | C̶o̶m̶e̶n̶i̶t̶y̶ ̶M̶a̶s̶t̶e̶r̶C̶a̶r̶d̶ ̶$̶1̶,̶1̶8̶0̶
Message 13 of 30
Anonymous
Not applicable

Re: New Wayfair Citi Card Is Live


@Brian_Earl_Spilner wrote:

@UpperNwGuy wrote:

So all those folk who were unhappy about Comenity closing their Wayfair cards ought to be happy now.  The new Wayfair card has a better issuer.


Why would they be happy about it? They now have to apply for a new card to get the 0% financing. Take the score hits. Harder approval. The new issuer will probably throw out a bunch of $500 limits that won't grow unless you take a HP.  While with comenity, you had easy approval and a $500 limit could be in the thousands in 4 months giving you a limit that you can actually do something with without wrecking your score from utilization.


Maybe bigger issue for this forum than the general population but some people may be at Citi's maximum exposure too.

Message 14 of 30
Anonymous
Not applicable

Re: New Wayfair Citi Card Is Live


@longtimelurker wrote:

Also 3% uncapped on groceries, beats the Amex BCE!


As long as you're okay with having to spend the rewards on Wayfair. They're giving you Wayfair reward dollars, not actual cash back. 

 

Message 15 of 30
longtimelurker
Mega Contributor

Re: New Wayfair Citi Card Is Live


@Anonymous wrote:

@longtimelurker wrote:

Also 3% uncapped on groceries, beats the Amex BCE!


As long as you're okay with having to spend the rewards on Wayfair. They're giving you Wayfair reward dollars, not actual cash back. 

 


Oh, I misread.   Thought that they could be used for statement credit on the card.   Then, not so useful!

Message 16 of 30
Creditaddict
Legendary Contributor

Re: New Wayfair Citi Card Is Live

I got nothing.

Husband:

 

We couldn't pre-qualify you at this time. You can still apply for the Wayfair Credit Card to instantly enjoy the benefits.

However, we have found an alternative plan for you that is not offered by Citibank, N.A., and has it's own terms and conditions.

 

Pre-approved offer
 
Lender logo

Lease-To-Own

Pre-approved Amount
$450.00
Pay off your lease in the first 90 days for the cash price + your $45 initial payment.
Message 17 of 30
wasCB14
Super Contributor

Re: New Wayfair Citi Card Is Live


@longtimelurker wrote:

@Anonymous wrote:

@longtimelurker wrote:

Also 3% uncapped on groceries, beats the Amex BCE!


As long as you're okay with having to spend the rewards on Wayfair. They're giving you Wayfair reward dollars, not actual cash back. 

 


Oh, I misread.   Thought that they could be used for statement credit on the card.   Then, not so useful!


And if you're willing to accept a SUB of only $40 off an order, you might as well try to go for a 3% on everything card.

 

I'm back to BCE from BCP after upgrading a year ago for $250 and some no-fee Plans.

Spend: BofA PR + WWFCR, BBP, Schwab Platinum, CFF+CF, Costco, Discover
Perks: IHG49, Hyatt75, Delta Platinum, "Old" SPG95
SD/AAoA Ballast: Arrival, CFU, DC
Upgrade/downgrade games: BCE, EDP
SUB: JetBlue, Amex Platinum
Mostly earning MRs and cash back as I use up hotel and airline points spread across several programs.
Message 18 of 30
Chandler455
Established Contributor

Re: New Wayfair Citi Card Is Live

I prequalified, I also prequalify for HD, just a dp it gives you the terms of whatever card you can get, it does not give you terms for both cards, I got T&C for mastercard version.

 

However I m not a fan of Citi retail hard pull clis and I have the best buy card already so theres no reason for me to take HP and new account for a redundant store card

Personal
NFCU platinum 18k | Best Buy visa 10k | NFCU Flagship 8k | discover it 4.7k | kohls 3k | target 800

Business
Hilton Amex 15k | Costco visa 10k | Amex Amazon prime 9k

Ficos TU 831 EQ 805 EX 814
Message 19 of 30
hurtembad
New Member

Re: New Wayfair Citi Card Is Live

Yeah just found out about this. I just got home and checked the mailbox and there was a letter from Cominity. Thinking it was just a letter about closing account, turns out it was the new Mastercard with the same $8500 limit as the previous store card. Wasn't expecting that but I'll take it. 

Message 20 of 30
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