Citi Forward accounts being converted to Citi Preferred MasterCard on January 3, 2018
For those who still hold the (discontinued) Citi Forward card, Citi will be converting these accounts to Citi Preferred cards on January 3, 2018 which will include the following changes:
The question now is whether the product change to Citi Preferred will restart the 24-month clock on sign up bonuses for the Citi ThankYou family of cards. Based on what I've been able to find I think the answer may be yes:
I have not called Citi customer service as a suspect their answer will be inconsistent and/or may prove incorrect in practice so we will just have to wait until next year. |
I received the notice as well. I closed the card since they wouldn't let me convert to something else nor move the CL. I already have a no fee CTY Premier so I the Preferred would just be an inferior product that I'd never use. RIP Forward, I'll always remember our fond moments getting 5% back at Amazon and restaurants...
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Originally Posted by halamadrid
(Post 29069335)
I received the notice as well. I closed the card since they wouldn't let me convert to something else nor move the CL. I already have a no fee CTY Premier so I the Preferred would just be an inferior product that I'd never use. RIP Forward, I'll always remember our fond moments getting 5% back at Amazon and restaurants...
Early on 4/2016 I used my Premier card to use most of my points on trips and cancelled it on 4/30. Also 6/2016 I quit using my Forward because of the changes so I only have ~200 points left on my Forward card. |
According to the announcement (and b/c the replacement is from V to MC), the new Preferred card will have a new account number. So there's no way to prevent restarting the 24 month clock, correct?
In that case, I'd also prefer closing the Forward account. |
Originally Posted by dangw20
(Post 29068622)
which according to this article* will be considered a new account
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Originally Posted by jjmiller69
(Post 29069752)
Will do the same thing tomorrow. My wife and I have no need for a 2nd Preferred that we use 1-2 times a year.
Early on 4/2016 I used my Premier card to use most of my points on trips and cancelled it on 4/30. Also 6/2016 I quit using my Forward because of the changes so I only have ~200 points left on my Forward card. |
Originally Posted by halamadrid
(Post 29069335)
I received the notice as well. I closed the card since they wouldn't let me convert to something else nor move the CL. I already have a no fee CTY Premier so I the Preferred would just be an inferior product that I'd never use. RIP Forward, I'll always remember our fond moments getting 5% back at Amazon and restaurants...
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Originally Posted by halamadrid
(Post 29072824)
It's just bad news all around. The only reason I was holding on to my Forward was because I was charging a nominal amount every month to get the 100 TY points benefit (...and b/c I couldn't product change to anything else). With the TY Preferred there's just nothing to write home about. I'm not too invested in the TY points system, but since I pay no fee for the TY premier and I also have an old Citi Professional with a good CL I'm going to keep hanging on. They've also been steadily adding transfer partners, which could eventually make TY points a bit more valuable for me.
I've had this card for a while, and I get new cards. I'd rather keep it for the credit history, or maybe balance transfers or bonus spend offers. |
When the clock is going to restart? Also I've seen no mention of Citi Forward in Citi signup bonuses:
Bonus ThankYou Points are not available if you have had a ThankYou Preferred, ThankYou Premier or Citi Prestige card opened or closed in the past 24 months. This is also the end of my 202 ppd run. I was loading 50 cents to Amazon every month, after they gutted the card. |
Originally Posted by MaxVO
(Post 29072000)
According to the announcement (and b/c the replacement is from V to MC), the new Preferred card will have a new account number.
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Originally Posted by dangw20
(Post 29081038)
Is the Preferred now issued as a MC?
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I'll miss this card, though of course I haven't actively used it since the 5x categories went away. I definitely remember stacking that with the 1.6 cent valuation for AA flights for 8 percent back.
I don't need another TYP card, so I'll convert to the Double Cash just to keep the account around since mine is quite old and a CSR confirmed that I could do that. Thankfully Citi generally lets you product change between product families, though they don't have very many cards anymore. |
Originally Posted by ORD-DCA Flyer
(Post 29081340)
I'll miss this card, though of course I haven't actively used it since the 5x categories went away. I definitely remember stacking that with the 1.6 cent valuation for AA flights for 8 percent back.
I don't need another TYP card, so I'll convert to the Double Cash just to keep the account around since mine is quite old and a CSR confirmed that I could do that. Thankfully Citi generally lets you product change between product families, though they don't have very many cards anymore. |
The forward is my only CITI card (opened over 7 years ago), so with this announcement, does it mean that I wouldn't be able to able for either the Premiere or Prestige card to obtain the sign up bonus?
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Originally Posted by cristenen
(Post 29084007)
The forward is my only CITI card (opened over 7 years ago), so with this announcement, does it mean that I wouldn't be able to able for either the Premiere or Prestige card to obtain the sign up bonus?
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