citi bank credit card?

spurs501_2

I've been offered one of these cards, anyone know anything about citibank?

jonesMUFCforever

One of the biggest banks in the US and well known for their UK credit card operation.

spurs501_2

thanks for the info!
I've had a letter saying I've been "Pre-Approved", is this the case do you think, or just a way to get me to fill out the app form?

jonesMUFCforever

Pre approved can mean absolutely anything but I guarantee they won't issue you with a card until they have done a credit search on you.

ontheup_3

Pre Approved**



**you are pre approved if you meet our credit criteria


This will be be the same as most people get through the door from one company or another , its a good whay for these companies to get you (the customer) to apply for there cards !!

If you are in the market for a card and they are offering you a good deal etc then apply if not look about at other companies

HTH's

Warriorsith

I use to have a Citi CC years back, it came with a 39.9% APR. Soon got rid of it!

crazyfj

they now own Egg:-

"egg Banking plc, which is wholly owned by Citigroup Inc., "

i thought at some point they might merge the two areas together.

spurs501_2

ejones999 wrote: »

Pre approved can mean absolutely anything but I guarantee they won't issue you with a card until they have done a credit search on you.

I agree!
But the small print says "if you apply before July 31 we have the right to issue with -This, or another of our products-!!

It also says if you apply after July 31 "we have the right to refuse your application" ?????

Never seen it worded this way before....

ashesb

Citi gave me a credit card in 2004 with a 29.9% interest rate with £250 limit- in the end I beleive I paid about £900 just to clear the card and get rid of it- it completely takes advantage of someone who is financially vunerable- please don't go with them- if you are being refused by other cards then maybe take as a sign you should not have one until you are more financially stable :-)

spurs501_2

ashesb wrote: »

Citi gave me a credit card in 2004 with a 29.9% interest rate with £250 limit- in the end I beleive I paid about £900 just to clear the card and get rid of it- it completely takes advantage of someone who is financially vunerable- please don't go with them- if you are being refused by other cards then maybe take as a sign you should not have one until you are more financially stable :-)

Sound advice!
Unless they offer me the 0% card mentioned in their literature I will steer well clear.:D