Dec 11, 2015, 9:31 am
Last edit by: IAD_flyer
Citi No Longer Allows Funding New Checking Accounts by CC as of 08-Feb-2016. Below information is historic.
1-800-745-1534 TO FUND
Cards that have been reported to NOT WORK
CitiBusiness® / AAdvantage Platinum Select World MasterCard - Will not load and loads as cash
Capital One
Barclay Priceline
Chase
Cards that have been report to WORK
Barclay Aviator
Citi AAdvantage
Citi Thank You Premier
BofA Travel card
BofA Alaska
1-800-745-1534 TO FUND
Cards that have been reported to NOT WORK
CitiBusiness® / AAdvantage Platinum Select World MasterCard - Will not load and loads as cash
Capital One
Barclay Priceline
Chase
Cards that have been report to WORK
Barclay Aviator
Citi AAdvantage
Citi Thank You Premier
BofA Travel card
BofA Alaska
Funding CitiGold (or other) account with credit card?
Aug 17, 2015, 11:29 am
#76
Moderator
Join Date: Jun 2003
Location: Miami, Mpls & London
Programs: AA & Marriott Perpetual Platinum; DL & HH Gold
Posts: 48,959
Aug 17, 2015, 11:46 am
#77
Join Date: Sep 2012
Posts: 4,431
I haven't heard anything of this before! But I do know you can call in to get a temporary credit limit increase for a larger purchase.
A quick question: what did you set your CA limit to? Is it the business card? Mine ran as a CA for only $8000. And you did this on 8/13?
A quick question: what did you set your CA limit to? Is it the business card? Mine ran as a CA for only $8000. And you did this on 8/13?
CA is set at $200. BofA said they couldn't to 0. It's the personal card. All this was on Thursday, 8/13.
Aug 17, 2015, 11:49 am
#78
Join Date: Sep 2012
Posts: 4,431
The BofA is a Visa Signature. Do I have to call in or go online to set feature? What's the point of a CL if we can exceed it at will?
Aug 17, 2015, 11:54 am
#79
Join Date: Jul 2014
Posts: 483
Aug 17, 2015, 11:58 am
#80
Moderator
Join Date: Jun 2003
Location: Miami, Mpls & London
Programs: AA & Marriott Perpetual Platinum; DL & HH Gold
Posts: 48,959
The limit is the amount of the revolving line of credit. You can exceed it, but the overage must be paid in full by the due date. The revolving amount can be paid over time, with interest.
No Preset Spending Limit does not mean unlimited spending. There is still an (unspecified) maximum amount.
No Preset Spending Limit does not mean unlimited spending. There is still an (unspecified) maximum amount.
Aug 17, 2015, 12:22 pm
#81
Join Date: Sep 2012
Posts: 4,431
I just looked at my wife's BofA account again. The CA limit is set to $200 (again, CSR said that's the lowest it could go) and now CA available is 0. Does that mean that BofA charged the first $200 as CA and the remaining $14,800 at a purchase? I thought transactions had to be either/or? If the $200 is a cash advance, how much in fees are we looking at? $10 or so?
Aug 17, 2015, 12:35 pm
#82
Moderator
Join Date: Jun 2003
Location: Miami, Mpls & London
Programs: AA & Marriott Perpetual Platinum; DL & HH Gold
Posts: 48,959
Aug 17, 2015, 12:47 pm
#83
Join Date: Sep 2012
Posts: 4,431
So I'll be charged CA fees? So any time you exceed CL and have a CA limit higher than 0, you have some CA?
Aug 17, 2015, 12:55 pm
#84
Moderator
Join Date: Jun 2003
Location: Miami, Mpls & London
Programs: AA & Marriott Perpetual Platinum; DL & HH Gold
Posts: 48,959
Aug 17, 2015, 7:21 pm
#86
Moderator
Join Date: Jun 2003
Location: Miami, Mpls & London
Programs: AA & Marriott Perpetual Platinum; DL & HH Gold
Posts: 48,959
Aug 18, 2015, 1:03 am
#87
Join Date: Aug 2015
Posts: 6
Hi I was wondering if anyone knew the approximate time from the day of the fax that they charge the cc?
From what I've read, it seems like one day from the time you apply just to get your account into the system. Then the cc's are all charged in a batch early the next day. So does 2 days sound about right?
From the research I've done online, Barclays cards seem to work well because they are Mastercard(Arrival, Aviator and Lufthansa). For Citi, I've seen a lot of reports of Mastercard also working well. (Double Cash, AA Executive, AA Plat, Prestige).
For Citi, I haven't seen a lot of data points on Visa so I'm not exactly sure if it works.
I still believe for Citi and Barclays the key is to make sure it's a Mastercard.
Update: My cc just got charged two days after I faxed in the form.
From what I've read, it seems like one day from the time you apply just to get your account into the system. Then the cc's are all charged in a batch early the next day. So does 2 days sound about right?
From the research I've done online, Barclays cards seem to work well because they are Mastercard(Arrival, Aviator and Lufthansa). For Citi, I've seen a lot of reports of Mastercard also working well. (Double Cash, AA Executive, AA Plat, Prestige).
For Citi, I haven't seen a lot of data points on Visa so I'm not exactly sure if it works.
I still believe for Citi and Barclays the key is to make sure it's a Mastercard.
Update: My cc just got charged two days after I faxed in the form.
Hi, did you use a citi AA exec card to fund the citigold checking? I see that citi codes account funding on some cards as CA, is it the same for citi aa exec MasterCard too? What should I mention on the form to be faxed, for citi to not process it as CA but a charge? Thx in advance.
Last edited by vamsivikram; Aug 18, 2015 at 1:08 am Reason: Typo
Aug 18, 2015, 4:26 pm
#89
Join Date: Jan 2013
Programs: All of them, Katie
Posts: 224
I tried to fund a new account with a Citi AA Business MC for an amount above my CA limit, but below my credit limit. It was declined and the credit card rep insisted it was coded as a cash advance, which is why it was declined. He said I couldn't notate my account to allow the purchase since it exceeded my CA limit. Am I out of luck here or is there something magical I can say to them? Is it only personal Citi mastercards that post as a purchase?
Aug 18, 2015, 6:16 pm
#90
Join Date: Aug 2015
Posts: 6
I tried to fund a new account with a Citi AA Business MC for an amount above my CA limit, but below my credit limit. It was declined and the credit card rep insisted it was coded as a cash advance, which is why it was declined. He said I couldn't notate my account to allow the purchase since it exceeded my CA limit. Am I out of luck here or is there something magical I can say to them? Is it only personal Citi mastercards that post as a purchase?
With which bank is the new account, that you tried funding from your Citi AA business card? It should work if it's a citigold checking per other datapoints I have seen.