I wrote not too long ago how I tried to convert this card to Citi Thank You Preferred and unfortunately, failed. Well, I decided to think about it some more before deciding what to do with the points. Then, few days ago, I got my new shiny Citi Thank You Premier MasterCard. It came in a fancy package which got me all excited… until I saw the actual thing.
They put the stripe in the front just like on their Prestige card!!! What, what, what is Citi thinking? And they were bragging about it, idiots. Every person I come in contact with has no clue how to use Prestige, and my husband is about to veto The Hobby permanently because of it. If you have Citi Prestige, you know what I’m talking about. OK, rant is over, let’s get to the point.
So, emboldened by my latest success with Aviator card, I started thinking that maybe I should call Citi and ask for retention offer. And so I did. Well, I got an offer, drum roll, please: Spend $3,000 in 3 months, and get $95 to offset the annual fee. Hmm.. I asked the rep if there was anything less strenuous, and she said that was the best Citi could do for me. I went ahead and accepted because I really didn’t want to call back and listen to another Citi employee praising this card, stupid backwards stripe design and all.
After I hung up, I started thinking if I should go for this offer. We are woking on several cards at the moment, including $500 monthly spending on Aviator. That $3,000 can be used for another lucrative sign-up bonus. Not to mention, the sooner I cancel Premier card, the sooner I can restart the clock on being able to qualify for its sign-up bonus again. Citi goes by the date of closure, and under current rules, you have to wait 18 months.
On the other hand, having Premier card open gives me access to getting 1.25 cents on each Citi Thank You point redeemable on travel: things like cruises, hotels and car rentals. And incidentally, we will probably need to reserve a vehicle sometime next year. Also, my credit score can use a break from yet another card.
I honestly don’t know what to do. One thing I found out was that the annual fee will be charged on November 6th, so this gives me some time to decide. I may still try to convert it to Citi Thank You Preferred, though it doesn’t appear to be possible. At this point, I’m seriously thinking about redeeming the stash for Walmart gift card just so I don’t have to drive myself crazy anymore. As I’ve said before, we need groceries, but we don’t need a trip to Hawaii.