Citi offer to apply for a card

[jmedee]

I opted out around the first of the year. I am wondering how CITI sent me this offer? I know I will be declined, but, can anyone shed some light on how/why they would send me an offer.

I am thinking it was pre-opt out.

[foeplay]

Perhaps it was from a soft made before your opt out to into effect. It usually takes banks a few weeks/months for them to mail you an offer from a soft pull.

 

Also, if you currently have open accounts with them, it could have come from an AR pull.

Edited May 20, 2013 by foeplay

[cv91915]

Does the offer have the pre-screen/opt out language?

 

If not, they got your name from a source other than your credit file.

[phillipjr]

I am opted out as well but get offers from Citi every week for their American Airlines cards. I am pretty sure I get them because of my AA Advantage miles account.

[cv91915]

I am opted out as well but get offers from Citi every week for their American Airlines cards. I am pretty sure I get them because of my AA Advantage miles account.

I have an AAdvantage card from Citi and I still get solicitations in the mail for that card.

[GR8WhiTE]

 

I am opted out as well but get offers from Citi every week for their American Airlines cards. I am pretty sure I get them because of my AA Advantage miles account.

I have an AAdvantage card from Citi and I still get solicitations in the mail for that card.

I think I forgot to ask you last time CV, what did Citi pull for that AA card? how was your file at that time?

[evapor8ted]

Did it have the prescreen optout info on it? Otherwise it is just plain ol junk mail.

[BamaInvestor]

what if you have an invitation to apply? Would that be considered junk mail too?

[cv91915]

 

 

 

I am opted out as well but get offers from Citi every week for their American Airlines cards. I am pretty sure I get them because of my AA Advantage miles account.

 

I have an AAdvantage card from Citi and I still get solicitations in the mail for that card.

I think I forgot to ask you last time CV, what did Citi pull for that AA card? how was your file at that time?

They pulled Equifax, presumably because Experian was frozen. I waited until my my reports were pristine before I applied. FICO was 750, give or take. I use this card for almost everything.

[GR8WhiTE]

 

 

 

 

I am opted out as well but get offers from Citi every week for their American Airlines cards. I am pretty sure I get them because of my AA Advantage miles account.

I have an AAdvantage card from Citi and I still get solicitations in the mail for that card.

I think I forgot to ask you last time CV, what did Citi pull for that AA card? how was your file at that time?

They pulled Equifax, presumably because Experian was frozen. I waited until my my reports were pristine before I applied. FICO was 750, give or take. I use this card for almost everything.

Ok gotcha. So it was a strong file. You should for the miles.

[cv91915]

 

 

 

 

 

 

 

 

 

 

I am opted out as well but get offers from Citi every week for their American Airlines cards. I am pretty sure I get them because of my AA Advantage miles account.

 

I have an AAdvantage card from Citi and I still get solicitations in the mail for that card.

I think I forgot to ask you last time CV, what did Citi pull for that AA card? how was your file at that time?

They pulled Equifax, presumably because Experian was frozen. I waited until my my reports were pristine before I applied. FICO was 750, give or take. I use this card for almost everything.

Ok gotcha. So it was a strong file. You should for the miles.

Yep, I value miles at at least $0.025 each (not everyone would... some less, some more), so to me it's a 2.5% return on every dollar spent... Except on American purchases, which are double that with this particular card.

[GR8WhiTE]

that's a nice return when you break it down like that

[cv91915]

that's a nice return when you break it down like that

For sure. My personal valuation for these rewards is based on the value to me of a domestic round trip reward ticket in Coach, which is how I generally use them.

 

I will actually next be using a big chunk of miles for two round trips to Europe in First Class, which is obscenely expensive if you pay cash... So the miles will actually end up being worth quite a bit more in the near term.

Edited May 23, 2013 by cv91915

[GR8WhiTE]

Should definetly use the miles for a trip like that. I have a family member going to Europe in about 6 weeks with his wife and kid. He has to spend close to $5,000 JUST to fly everyone there coach! If you do first class it's about $3-4k a ticket. Save those miles.

 

AND forgot to mention that on the other hand, I have another family member using his Chase United card and he now has 3 first class roundtrip tickets to Europe waiting for him.

 

People don't understand the importance of these types of cards or perks in general.

[cv91915]

Should definetly use the miles for a trip like that. I have a family member going to Europe in about 6 weeks with his wife and kid. He has to spend close to $5,000 JUST to fly everyone there coach! If you do first class it's about $3-4k a ticket. Save those miles.

 

AND forgot to mention that on the other hand, I have another family member using his Chase United card and he now has 3 first class roundtrip tickets to Europe waiting for him.

 

People don't understand the importance of these types of cards or perks in general.

Indeed. These are lousy cards for people who don't travel, but when I have a broad array of credit card choices, I'll take my personal valuation of 2.5%+ on airline cards over almost anything else.

 

I put everything that isn't in a rotating 5% category on one of my other cards on my AAdvantage card.

 

Between flying and spending I have about 250,000 AAdvantage miles stacked up. Once I hit 300,000 I will probably switch over to a hotel rewards card so I can put my pampered @$$ in proper hotels in Europe too, while minimizing out-of-pocket there as well. The cash I save goes right into my brokerage account...

Edited May 23, 2013 by cv91915

[GR8WhiTE]

Do it for the hotel too because you will get R* on that Dollar : Euro conversion.

 

Why the brokerage account? stocks?

[cv91915]

Do it for the hotel too because you will get R* on that Dollar : Euro conversion.

 

Why the brokerage account? stocks?

That's the plan, for hotels as well...

 

Yes, the brokerage account is for stocks. I get much better returns on my cash with those than I do on airline tickets.

[GR8WhiTE]

 

Do it for the hotel too because you will get R* on that Dollar : Euro conversion.

 

Why the brokerage account? stocks?

That's the plan, for hotels as well...

 

Yes, the brokerage account is for stocks. I get much better returns on my cash with those than I do on airline tickets.

Nice! The market is the place to be right now. I'm currently in C.