Citibank CCs - Suggestion Needed

Closing the card even in the 11th month of billing cycle year should not result in any charge(at least in case of debit cards this is usual) but it depends on card issuing bank too I think.

guest_999 wrote:

Closing the card even in the 11th month of billing cycle year should not result in any charge(at least in case of debit cards this is usual) but it depends on card issuing bank too I think.

I already have two sbi cc (simply click and simply save) Now sbi is offering me prime...Got sms few days ago ""Dear Cardholder, now increase your overall credit limit. Click https://www.sbicard.com/b/sji/FDf...hs to increase limit and get a new pre approved additional SBI Card PRIME instantly, in addition to your existing SBI Credit Card. Offer valid till: 30 Sep 2022. T&C" . Anyway to check how much the revised limit will be if i opt for this upgrade? 

xxxyyyzzz wrote:
I already have two sbi cc (simply click and simply save) Now sbi is offering me prime...Got sms few days ago ""Dear Cardholder, now increase your overall credit limit. Click https://www.sbicard.com/b/sji/FDf...hs to increase limit and get a new pre approved additional SBI Card PRIME instantly, in addition to your existing SBI Credit Card. Offer valid till: 30 Sep 2022. T&C" . Anyway to check how much the revised limit will be if i opt for this upgrade? 

Prime has 3k+gst annual fee with no rewards whatsoever to justify it. I also used to get the Prime pre-approved upgrade offer but never took it. I am actually surprised you are still holding two sbi cc that too save & click(I also have them but my click card is FD based with very low limit & its annual fee waiver issue is ongoing else I would have closed this card months ago).

guest_999 wrote:
Prime has 3k+gst annual fee with no rewards whatsoever to justify it. I also used to get the Prime pre-approved upgrade offer but never took it. I am actually surprised you are still holding two sbi cc that too save & click(I also have them but my click card is FD based with very low limit & its annual fee waiver issue is ongoing else I would have closed this card months ago).

I recently got the simple save in April (almost FYF as I got 500 amazon gv ) but I plan to close it very soon.
I wasn't interested in Prime at all (despite they were giving around ~3k of joining benefits to onboard) but after two weeks they started spamming that it'll increase the overall limit {which is relatively low, 55k &15k shared in between those two}

xxxyyyzzz wrote:
I recently got the simple save in April (almost FYF as I got 500 amazon gv ) but I plan to close it very soon.
I wasn't interested in Prime at all (despite they were giving around ~3k of joining benefits to onboard) but after two weeks they started spamming that it'll increase the overall limit {which is relatively low, 55k &15k shared in between those two}

I can tell you this, once you get Prime it will be another task to get it converted to another variant after 1st year & if you close this card then again you will have to fight to get its limit redistributed to your simplyclick card at that time.

P.S. My simplysave limit was increased from 25k to 60k after 7 months & eventually to 1 lakh by end of 12 months.

xxxyyyzzz wrote:
I already have two sbi cc (simply click and simply save) Now sbi is offering me prime...Got sms few days ago ""Dear Cardholder, now increase your overall credit limit. Click https://www.sbicard.com/b/sji/FDf...hs to increase limit and get a new pre approved additional SBI Card PRIME instantly, in addition to your existing SBI Credit Card. Offer valid till: 30 Sep 2022. T&C" . Anyway to check how much the revised limit will be if i opt for this upgrade? 

Don't fall for this gimmick of SBI Card's "increase limit and get a new pre-approved additional card". This way, you'll get to generate the new additional card instantly by splitting the limit from your existing card, but no credit limit increase is given along with it. For Credit Limit Increase offer, they send you separate mail/SMS every 6-8 months, only if you're eligible for it.

UniqueDimer wrote:
Don't fall for this gimmick of SBI Card's "increase limit and get a new pre-approved additional card". This way, you'll get to generate the new additional card instantly by splitting the limit from your existing card, but no credit limit increase is given along with it. For Credit Limit Increase offer, they send you separate mail/SMS every 6-8 months, only if you're eligible for it.

Last month only they increased limit of simplyclick by 15k ...and then started offering Prime and then *increased overall limit
Will pass this one and rather Focus on cashback after closing simplysave.
Thanks to both of you, kg+

xxxyyyzzz wrote:
Last month only they increased limit of simplyclick by 15k ...and then started offering Prime and then *increased overall limit
Will pass this one and rather Focus on cashback after closing simplysave.
Thanks to both of you, kg+

Also, don't fall for any LTF Conversion gimmick from SBI Card Sales Executive, when they call you for additional card (Prime). Just say not interested, and nothing else. They'll keep calling you every now and then.

are you sure you are getting 1.5% for adding money to paytm via uber / zomato ?

I tried last time.. but got 0.. please check in CC statement once..

xxxyyyzzz wrote:
I already have two sbi cc (simply click and simply save) Now sbi is offering me prime...Got sms few days ago ""Dear Cardholder, now increase your overall credit limit. Click https://www.sbicard.com/b/sji/FDf...hs to increase limit and get a new pre approved additional SBI Card PRIME instantly, in addition to your existing SBI Credit Card. Offer valid till: 30 Sep 2022. T&C" . Anyway to check how much the revised limit will be if i opt for this upgrade? 

On the one hand banks have stopped CC upgrade 'as suggested by RBI'. On the other hand SBI is giving you prime upgrade.
@guest_999

UniqueDimer wrote:
Also, don't fall for any LTF Conversion gimmick from SBI Card Sales Executive, when they call you for additional card (Prime). Just say not interested, and nothing else. They'll keep calling you every now and then.

LTF conversation gimmick? What is that?

xxxyyyzzz wrote:
I recently got the simple save in April (almost FYF as I got 500 amazon gv ) but I plan to close it very soon.
I wasn't interested in Prime at all (despite they were giving around ~3k of joining benefits to onboard) but after two weeks they started spamming that it'll increase the overall limit {which is relatively low, 55k &15k shared in between those two}

bro don't upgrade to prime cc at all. It has no prime features at all. You should go for cashback instead.

SIMPLY dont CLICK on upgrade option & SAVE your time & money. #WordPlay

arre, ye discussion doosre hi direction mei le gaye sab
(Translation: This discussion took a different direction)

Help me out people, discussion for SBI CCs can take place in another thread 😭

@guest_999 @prem4998 @xxxyyyzzz @UniqueDimer

sahil1033 wrote:

arre, ye discussion doosre hi direction mei le gaye sab
(Translation: This discussion took a different direction)

Help me out people, discussion for SBI CCs can take place in another thread 😭

@guest_999 @prem4998 @xxxyyyzzz @UniqueDimer

Sorry for hijacking your thread . I also have a Citi IOCL, haven't aggreed to those spammy consent of converting to axis. I guess as lending partner changes, there may be two hard enquiries in your cibil as we see in bnpl's. Paytm you can get rid now if it's excluded from sales

xxxyyyzzz wrote:
Sorry for hijacking your thread . I also have a Citi IOCL, haven't aggreed to those spammy consent of converting to axis. I guess as lending partner changes, there may be two hard enquiries in your cibil as we see in bnpl's. Paytm you can get rid now if it's excluded from sales

One thing I've observed that earlier when annual fee waiver criteria for Paytm CC was lesser and when they didn't use to provide 5% cashback on Paytm Mall / 3% on Paytm ... basically when the card was of lower value, it was excluded from bank offers on Amazon/Flipkart.

But now, I see that this card isn't being excluded from Citibank offers. Infact, the mere reason to get Rewards CC was to not be excluded from Citibank offers. 

@pingpong

What is cooldown period of citi

sahil1033 wrote:

arre, ye discussion doosre hi direction mei le gaye sab
(Translation: This discussion took a different direction)

Help me out people, discussion for SBI CCs can take place in another thread 😭

@guest_999 @prem4998 @xxxyyyzzz @UniqueDimer

Sorry for your Worry... Solution for you: If you think you can't meet the spend-based waiver target, then it's not worth anymore for you (both the Citi CCs). Better call your bank and ask them for upgrade to any better card, or atleast LTF. Now that you got approved for SBI Cashback Card, so you may let both the cards go easily. Ask for Card Closure atleast 10 working days before your Card completes its Anniversary billing (the bill in which you're going to be charged Annual/Renewal Fee). Why 10? Because, after you ask for closure, the retention team will try to retain (convince) you. If still you insist, then again they may take a few more working days to complete the closure of your request.

aswaniexpress wrote:

are you sure you are getting 1.5% for adding money to paytm via uber / zomato ?

I tried last time.. but got 0.. please check in CC statement once..

nope, haven't tried ever yet, I load via Amazon Pay ICICI CC and get 1% cashback for loading money to Paytm wallet via Uber/Zomato

I mentioned 1.5% cashback as compared to 1% cashback adjusted into statement. I guess you mistook it as cashback I get for loading money to Paytm wallet ... if I had put more clarity, the post would've been longer

UniqueDimer wrote:
Sorry for your Worry... Solution for you: If you think you can't meet the spend-based waiver target, then it's not worth anymore for you (both the Citi CCs). Better call your bank and ask them for upgrade to any better card, or atleast LTF. Now that you got approved for SBI Cashback Card, so you may let both the cards go easily. Ask for Card Closure atleast 10 working days before your Card completes its Anniversary billing (the bill in which you're going to be charged Annual/Renewal Fee). Why 10? Because, after you ask for closure, the retention team will try to retain (convince) you. If still you insist, then again they may take a few more working days to complete the closure of your request.

okay, I'm pretty much convinced on closing Paytm CC but Rewards CC has target of 30k in a year and that's the only Mastercard CC I hold and I guess for Citibank specific offers till Citibank is operational in India, it will be okay to continue holding it, what do you suggest?

prem4998 wrote:
LTF conversation gimmick? What is that?

Whenever you're eligible for any pre-approved additional card, you'll start getting calls from the card issuer's Executives. No matter you say no to several of them, still you'll continue to get the calls for the same. Now, when you say 'No', they'll ask the reason. First, you may say 'not interested/beneficial for you or so'. But later when they keep going on and on with calls and counting its benefits, finally we may say that "Okay, if given as LTF, I'll accept". Most of them will refuse, but one among them, desperate enough to meet his/her target, will agree to make it LTF/Limit Increase and what not. And here you fell prey to their "LTF CONVERSION GIMMICK". Nothing else. You're cheated.

sahil1033 wrote:
nope, haven't tried ever yet, I load via Amazon Pay ICICI CC and get 1% cashback for loading money to Paytm wallet via Uber/Zomato

I mentioned 1.5% cashback as compared to 1% cashback adjusted into statement. I guess you mistook it as cashback I get for loading money to Paytm wallet ... if I had put more clarity, the post would've been longer

Thanks for info.. 
FK Axis does not give cb on wallet transactions.. just for clarity.

sahil1033 wrote:
okay, I'm pretty much convinced on closing Paytm CC but Rewards CC has target of 30k in a year and that's the only Mastercard CC I hold and I guess for Citibank specific offers till Citibank is operational in India, it will be okay to continue holding it, what do you suggest?

Yes, if you feel that those Citi Offers are worth for you, then keep the Rewards Card.

But yes, atleast try and ask for LTF conversion. If they accept, it's better. Otherwise, you still know its worth. So, nothing to worry.

Also, while asking to close the Paytm Card, ask the bank to merge the Paytm Card's Limit with your Rewards Card.

UniqueDimer wrote:
Whenever you're eligible for any pre-approved additional card, you'll start getting calls from the card issuer's Executives. No matter you say no to several of them, still you'll continue to get the calls for the same. Now, when you say 'No', they'll ask the reason. First, you may say 'not interested/beneficial for you or so'. But later when they keep going on and on with calls and counting its benefits, finally we may say that "Okay, if given as LTF, I'll accept". Most of them will refuse, but one among them, desperate enough to meet his/her target, will agree to make it LTF/Limit Increase and what not. And here you fell prey to their "LTF CONVERSION GIMMICK". Nothing else. You're cheated.

Haha now i get what u meant. Thanks for the detailed explanation kg+

sahil1033 wrote:
okay, I'm pretty much convinced on closing Paytm CC but Rewards CC has target of 30k in a year and that's the only Mastercard CC I hold and I guess for Citibank specific offers till Citibank is operational in India, it will be okay to continue holding it, what do you suggest?

Citibank retail business has been bought by axis so citibank cards will remain operational for now but under axis bank management. Keep Rewards card for now & see how things play out with axis & citibank cc in next 1 year.

<now on adding money to Paytm wallet via Uber/Zomato, I don't even get 3% cashback. 1% cashback as statement is good but>

Never knew this, so tried 2 days back 100 rs transaction via swiggy. Now see 3 more points. So it is indeed giving 3% and working even now.

UniqueDimer wrote:
Yes, if you feel that those Citi Offers are worth for you, then keep the Rewards Card.

But yes, atleast try and ask for LTF conversion. If they accept, it's better. Otherwise, you still know its worth. So, nothing to worry.

Also, while asking to close the Paytm Card, ask the bank to merge the Paytm Card's Limit with your Rewards Card.

I called the CITI customer care to discontinue my rewards cc as it's of no use and unnecessarily i need to use it for 30k to reverse the annual fees.

They kept on requesting not to close the card, rather gave a 1000rs token amount but refused to make the card LTF. 

Ami_07 wrote:
I called the CITI customer care to discontinue my rewards cc as it's of no use and unnecessarily i need to use it for 30k to reverse the annual fees.

They kept on requesting not to close the card, rather gave a 1000rs token amount but refused to make the card LTF. 

Great. Now that your Annual Renewal Fee is covered, except the GST part, you may try the same thing after 10-11 months. Till then, just complete your Fee Waiver Spend target. So, it's more beneficial for you.

Knight11 wrote:

<now on adding money to Paytm wallet via Uber/Zomato, I don't even get 3% cashback. 1% cashback as statement is good but>

Never knew this, so tried 2 days back 100 rs transaction via swiggy. Now see 3 more points. So it is indeed giving 3% and working even now.

You added money to Paytm wallet via Swiggy and got 3% cashback on Citi Paytm CC ??