Recently my CITI Credit Card received a spam email that read, “CITI is going to change your financial status. You are going to lose your job if you do not get this card in the next twenty-four hours. Are you ready to start working for CITI for the rest of your life? If not, then continue reading this article.
What is surprising about the information is the fact that it came from CITI. The bank where I worked was not aware of any of these things until recently. A few months ago my card was declined when trying to apply for a new card. This was not the first time. Every year my CITI Credit Card has been denied for an unknown reason. It was not until recently that I discovered why my application was being rejected.
CITI has many rules and regulations that they have to abide by. Each of these rules and regulations were made by the federal government. When these rules conflict with each other, the company is required by law to abide by these laws or face the penalty.
The first rule that they must abide by is to only send out their informational marketing material to qualified prospects. CITI was not sending out any information regarding their decision making process to my mailbox. This could be considered negligence on their part. My argument is that the qualified prospects that they sent the informational material too were being targeted by CITI anyway.
The second rule is to only send out the application materials once a person has requested them. They could have received these applications numerous times but failed to open them. By sending them out once you have requested the application they are complying with the law.
The third rule is to not give out the consumers personal information. CITI did not divulge my personal information when I applied for my card. This may be a violation of the Fair Debt Collection Practices Act if they did. However, my understanding is that they are allowed to do this as long as it does not show up on your credit report.
The fourth rule is to not make up different names for your cards. When applying for a CITI card you must always submit your actual name, not some fake name that someone put together. Also, your social security number should not appear anywhere on your application. This could cause legal problems for you. They could open a case of identity theft and take your money.
The fifth rule is most important, never lie on your application. If CITI finds out that you did in fact apply for more than one CITI card they will shut down your account. This rule is pretty self explanatory. If you don't want to get banned from using a card then don't apply for anymore. I had to go through this phase too when I first applied for my card.
The sixth rule is to know your limit before you apply. Having a good idea of how much you can spend before you try to use your credit card is a great way to avoid having problems with overspending. You will also have an idea of how long you should plan on living under your credit card debt.
The seventh rule is to always read your application. I found that the CITI representatives are usually very smart when it comes to getting you to read their information. They usually say things like, “read the terms and conditions”, “know how much you can afford to spend” etc. Once I read them all, I could never re-apply for a credit card from CITI. It was definitely a helpful tool.
Another big thing I learned was to keep my information as private as possible. There was information on my credit card application such as my address, phone number and where I worked. I wish I had kept that information private. At the time, my husband did not have any suspicions so he did not ask any questions and I was able to keep my identity safe.
The final step in learning how to be credit card worthy is to pay your bills on time. This is possibly the most important rule. Even if you have bad credit, there are still ways to improve it. One of those ways is by paying off your bills on time. Learning how to be credit card worthy means paying off your credit card balances as soon as you can.
Apply for Credit Card Online – Credit Card Benefits, Payment – my citi credit card | my citi credit card
How to Remove / Unlink Citi Credit Card from Online Account – my citi credit card | my citi credit card
Citi Choice Credit Card – Citibank Malaysia – my citi credit card | my citi credit card
Rewards Credit Card – Citi Rewards+℠ Card – Citi | my citi credit card
Citi® Diamond Preferred® Credit Card — Low Intro APR Credit Card – my citi credit card | my citi credit card
Cash Back Credit Card – Citi® Double Cash – Citi | my citi credit card
What is Citi Business Cards? It is one of the more trusted names in the business credit card industry. It is also one of the more accepted. CITI Business cards offers the benefits of being affiliated with a major global financial institution with strong ties to the United States Department of Treasury. This makes ...
A CITI card is one of the most popular credit cards today. There are many benefits associated with this type of card. The application process is fast and easy. If you want to get approved for this type of a credit card, then here is what you should do. Make sure that the information ...