Citi AA Platinum, Gold and Business cards (2015)
Dec 10, 2015, 7:30 am
#3556
Join Date: Oct 2013
Programs: Hyatt Globalist No More..., Hyatt Explorist, Hilton Diamond, SPG Platinum, Marriott Platinum
Posts: 4,375
I would say that's pretty interesting given the fact that they only approved for me a $1.8k limit on this card. Saying I had reached some top level max with Citi. (Then 1 week later gave me an auto CLI for $2k on another card.)
I fear though that the $1.8k limit may keep me from converting over to Elite. Maybe there is some top level limit for a card to be Elite vs World, e.g. like Visa Signature cards (use to?) have a minimum of $5k CL.
I fear though that the $1.8k limit may keep me from converting over to Elite. Maybe there is some top level limit for a card to be Elite vs World, e.g. like Visa Signature cards (use to?) have a minimum of $5k CL.
Dec 10, 2015, 7:54 am
#3557
Join Date: May 2011
Programs: Spg Gold, Hilton Diamond, Hyatt Diamond
Posts: 1,578
So is it better to close my 2 oldest WE cards to free up the $5 K CL on each, or reduce both of them to 2 k and reduce my Biz card by 10K ? or cancel the 2 personal and reduce the CL on the Biz card .
Heard different opinions on which frees up CL faster . Cancelling card versus reducing CL and keeping cards . Does anyone know for certain?
might that jeopardize my newest (one months old W from converting ) and prevent me from getting another AA in the near future , via auto approval ?
Heard different opinions on which frees up CL faster . Cancelling card versus reducing CL and keeping cards . Does anyone know for certain?
might that jeopardize my newest (one months old W from converting ) and prevent me from getting another AA in the near future , via auto approval ?
Dec 10, 2015, 10:23 am
#3559
Join Date: Jul 2015
Posts: 1,028
I have a targeted offer for a Citi AA Platinum for 60k point bonus. Is it worth signing up for even with the devaluation?
Dec 10, 2015, 12:16 pm
#3561
Join Date: Aug 2007
Posts: 151
Follow up:
My speculation appears to be correct.
As summarized above, she had a citi plat select world card, that was I closed before it was converted to WE. She applied, received a plat select world card but no bonus. We have waited for it to convert to WE, and now in her preapproved offers you may be interested in, there is a 50k plat select. Further more, I was recently approved for my 3rd plat select world card last week and the welcome letter references the bonus 50k.
My speculation appears to be correct.
As summarized above, she had a citi plat select world card, that was I closed before it was converted to WE. She applied, received a plat select world card but no bonus. We have waited for it to convert to WE, and now in her preapproved offers you may be interested in, there is a 50k plat select. Further more, I was recently approved for my 3rd plat select world card last week and the welcome letter references the bonus 50k.
I am trying your suggestion by applying for a new card, knowing that we will not get a bonus for it, then wait until it converts to WE. After that we can apply again for another W card and hopefully the W>WE cycle continues and she is eligible for bonus again without waiting for 18 months.
Dec 10, 2015, 1:06 pm
#3562
Join Date: Jul 2013
Posts: 1,784
If you want to close the card, the way to go about that is to lower the card's CL to the minimum the bank will allow, and wait for that to show up on your cc webpage. Then close the card, now that you have removed as much CL as possible. I'd expect it to take at least several weeks for the reduced CL to become available for new apps, although either no one really knows, or maybe it's YMMV.
Dec 10, 2015, 6:14 pm
#3563
FlyerTalk Evangelist
Join Date: Jul 2003
Location: Florida
Posts: 29,763
Dec 10, 2015, 8:16 pm
#3564
Join Date: Feb 2013
Location: San Antonio
Programs: AS MVP
Posts: 2,276
I was offered $1500 yesterday when opening one of these (personal World MC Plat Select). I have had one as low as $1000 vi CL reduction, but it could have been a Visa. Lower than $2K is definitely a possibility.
Dec 10, 2015, 8:21 pm
#3565
Join Date: Feb 2013
Location: San Antonio
Programs: AS MVP
Posts: 2,276
I've always heard it said as gospel that decreasing CL while keeping a card open is at least several times faster than just closing a card with the total CL intact.
If you want to close the card, the way to go about that is to lower the card's CL to the minimum the bank will allow, and wait for that to show up on your cc webpage. Then close the card, now that you have removed as much CL as possible. I'd expect it to take at least several weeks for the reduced CL to become available for new apps, although either no one really knows, or maybe it's YMMV.
If you want to close the card, the way to go about that is to lower the card's CL to the minimum the bank will allow, and wait for that to show up on your cc webpage. Then close the card, now that you have removed as much CL as possible. I'd expect it to take at least several weeks for the reduced CL to become available for new apps, although either no one really knows, or maybe it's YMMV.
Old habits and mindsets die hard, hence we have AoR recommendations, people calling Chase recon for pending apps and various other outdated practices. At least this one doesn't actually hurt you.
Last edited by KennyBSAT; Dec 10, 2015 at 8:30 pm
Dec 11, 2015, 12:36 am
#3566
Join Date: Dec 2007
Posts: 146
I would say that's pretty interesting given the fact that they only approved for me a $1.8k limit on this card. Saying I had reached some top level max with Citi. (Then 1 week later gave me an auto CLI for $2k on another card.)
I fear though that the $1.8k limit may keep me from converting over to Elite. Maybe there is some top level limit for a card to be Elite vs World, e.g. like Visa Signature cards (use to?) have a minimum of $5k CL.
I fear though that the $1.8k limit may keep me from converting over to Elite. Maybe there is some top level limit for a card to be Elite vs World, e.g. like Visa Signature cards (use to?) have a minimum of $5k CL.
All other Platinum lines I have tried to reduce, Citi said $2k was the minimum.
Dec 11, 2015, 7:18 am
#3567
Join Date: Oct 2013
Programs: Hyatt Globalist No More..., Hyatt Explorist, Hilton Diamond, SPG Platinum, Marriott Platinum
Posts: 4,375
My wife had a card auto approved at $1.5k. She met the $3k spend within a month by making 2 or 3 payments before the statement date. W > WE conversion happened at statement close just like all the others. $1.5k limit remains.
All other Platinum lines I have tried to reduce, Citi said $2k was the minimum.
All other Platinum lines I have tried to reduce, Citi said $2k was the minimum.
Dec 11, 2015, 7:20 am
#3568
Join Date: Nov 2011
Posts: 229
A friend of mine has an AA card that was opened in 2010 and has been converted from VISA to WE. She is thinking to close this card because AF is due and Citi won't give her any retention bonus. I told her to downgrade the card but she doesn't want to do that.
From the recent data points, closing W->WE cards don't seem to trigger the 18-month clock. But, what about closing a VISA->WE card? Thanks!
Data point. My 5-year-old VISA was finally converted to MC World Elite in September. I knew there was a fear of triggering the 18 months clock when Citi converted an old card to WE. But I took the risk and did nothing to the VISA card. After receiving the new VISA->WE card, I was approved for a new MC World and the Welcome letter showed the 50,000 miles sign up bonus. Thus, by receiving a new WE thru the VISA->WE conversion process didn't prevent me from getting the sign up bonus.
From the recent data points, closing W->WE cards don't seem to trigger the 18-month clock. But, what about closing a VISA->WE card? Thanks!
Data point. My 5-year-old VISA was finally converted to MC World Elite in September. I knew there was a fear of triggering the 18 months clock when Citi converted an old card to WE. But I took the risk and did nothing to the VISA card. After receiving the new VISA->WE card, I was approved for a new MC World and the Welcome letter showed the 50,000 miles sign up bonus. Thus, by receiving a new WE thru the VISA->WE conversion process didn't prevent me from getting the sign up bonus.
Last edited by lw7878; Dec 11, 2015 at 8:24 am
Dec 11, 2015, 7:51 am
#3569
Join Date: May 2011
Programs: Spg Gold, Hilton Diamond, Hyatt Diamond
Posts: 1,578
A friend of mine has an AA card that was opened in 2010 and has been converted from VISA to WE. She is thinking to close this card because AF is due and Citi won't give her any retention bonus. I told her to downgrade the card but she doesn't want to do that.
From the recent data points, closing W->WE cards don't seem to trigger the 18-month clock. But, what about closing a VISA->WE card? Thanks!
Data point. My 5-year-old VISA was finally converted to MC World Elite in September. I knew there was a fear of triggering the 18 months clock by converting an old card to WE but I took the risk. In November, I was approved for a new MC World and the Welcome letter showed the 50,000 miles sign up bonus.
From the recent data points, closing W->WE cards don't seem to trigger the 18-month clock. But, what about closing a VISA->WE card? Thanks!
Data point. My 5-year-old VISA was finally converted to MC World Elite in September. I knew there was a fear of triggering the 18 months clock by converting an old card to WE but I took the risk. In November, I was approved for a new MC World and the Welcome letter showed the 50,000 miles sign up bonus.
" I knew there was a fear of triggering the 18 months clock by converting an old card to WE but I took the risk. "
Or you took the risk in applying ?
Dec 11, 2015, 8:18 am
#3570
Join Date: Nov 2011
Posts: 229
So, anyone knows the answer for this question: Would closing a VISA->WE card trigger the 18-month clock? TIA!