New The Citibank Club

ella_ella_ella

Not really a question as such but i love citibank and this thread!

I used the online switching form last week, no word from them as yet but not worried.

Last night i applied for the Flexible Saver Account through Online Customer Services, this morning it is OPEN!! I have transferred some money in but was just wondering would i get somesort of a cash card or is it a online only kind of thing?

I dont need a cashcash as i wont be spending any of it anyway and its easy transferred back if needed

Citibank just keep on impressing me!!

Tori_Bellatrix

less2303 wrote: »

I think that they have had a promotional push, relaxing the criteria, prior to the change to the monthly charge account.

They may have reached their quota now, and reverted back to normal credit scoring techniques.

Imagine if, say they managed to get 5000 new accounts, of which 60% stayed on the fee charging account, either through choice, or by simply not bothering to change it, that would make them £30,000 a month, from just new customers!

Call me synical if you wish, but they are a business at the end of the day!

Yup, I think you are right. It seems a likely explaination ..

marcellep

less2303 wrote: »

I think that they have had a promotional push, relaxing the criteria, prior to the change to the monthly charge account.

They may have reached their quota now, and reverted back to normal credit scoring techniques.

Imagine if, say they managed to get 5000 new accounts, of which 60% stayed on the fee charging account, either through choice, or by simply not bothering to change it, that would make them £30,000 a month, from just new customers!

Call me synical if you wish, but they are a business at the end of the day!

I have said this several times on this thread and I am sure that Citi will do another promotion ie in 3/6 mths as they keep telling people to re-apply then

computerwoman

ella_ella_ella wrote: »

Not really a question as such but i love citibank and this thread!

I used the online switching form last week, no word from them as yet but not worried.

Last night i applied for the Flexible Saver Account through Online Customer Services, this morning it is OPEN!! I have transferred some money in but was just wondering would i get somesort of a cash card or is it a online only kind of thing?

I dont need a cashcash as i wont be spending any of it anyway and its easy transferred back if needed

Citibank just keep on impressing me!!

I too have the flexible saver account,
I dont have a different card,
but when I rang them,
they said I could use my debit card at the ATM and switch accounts then to withdraw funds,
so when you go to the ATM,
it should ask you which account you want to use,
this will only work if you have funds in the saver account,
but my SIL got this account back in january,
she only has this account and they sent her a citi card (which I haven't seen) so that she could use it to withdraw money,
she use's online BACS to put funds in from her barclays account.
cw

computerwoman

marcellep wrote: »

I have said this several times on this thread and I am sure that Citi will do another promotion ie in 3/6 mths as they keep telling people to re-apply then

I think this too as they told my son to re-apply in 6 months,
that was in jan-feb,
so yep
around june-july time then
cw

computerwoman

well I just dont get it,
last month all my DD's SO's went out on the 25-28th
so I only had a small amount of funds left,
and got 1p interest,
this month I have got over £600. in the bank until bills go out tomorrow,
I have 1p interest,
what!
I dont get it at all,
cw

ella_ella_ella

computerwoman wrote: »

I too have the flexible saver account,
I dont have a different card,
but when I rang them,
they said I could use my debit card at the ATM and switch accounts then to withdraw funds,
so when you go to the ATM,
it should ask you which account you want to use,
this will only work if you have funds in the saver account,
but my SIL got this account back in january,
she only has this account and they sent her a citi card (which I haven't seen) so that she could use it to withdraw money,
she use's online BACS to put funds in from her barclays account.
cw

This sounds fantastic, thanks cw

Im off to the ATM to see if it works for me.....

dexters_mum_2

DropDebtFred wrote: »

i've just returned from the maldives on holiday, tried to use my citibank debit card a couple of times, refused with the message 'do not honour' from the machine ... very very frustrating as there is more than enough money in the account! I told citi I would be travelling, they told me not to worry, everything would be fine!

Strange and slightly worrying because I am going away in 3 weeks, I know the T&C's iot says you must let them know you are going to be using your card abroad, which you did, and it still didn't let you?

I have already let them know and I am now slightly worried, I get paid the day before we go, which will be about £1900, I can withdraw £1000 (£500 day before, £500 day of travel) but I had planned to withdraw money whilst abroad.

Hmmmm, will send them a secure message now.

ella_ella_ella

ella_ella_ella wrote: »

This sounds fantastic, thanks cw

Im off to the ATM to see if it works for me.....

It didn't work

Daisy_Duck

computerwoman wrote: »

well I just dont get it,
last month all my DD's SO's went out on the 25-28th
so I only had a small amount of funds left,
and got 1p interest,
this month I have got over £600. in the bank until bills go out tomorrow,
I have 1p interest,
what!
I dont get it at all,
cw

Interest is calculated daily so the amount that you get will be due to the overall monies in and out of your account over the whole month. It will make no difference if you have lots of money in the account on the particular day that interest is added or not. At least that's always been my understanding of how it works. :beer: