Credit Tips: Citi Simplicity Credit Card Review

Posted On: December 1, 2005

Author: beyond platinum
Posted: Thu Oct 20, 2005 2:21 am
Post subject: Citi Simplicity Credit Card Review

I wanted to thank all of the members here for providing valuable insight into the world of credit. It was through Yahoo that I learned about this site. Is anyone thinking about getting this card and if so do you forsee any issues with their ‘late fee waivers’? Visit http://www.Citisimplicity.com. Thanks!

Author: maddybeagle
Posted: Thu Oct 20, 2005 6:29 am
Post subject: Citi Simplicity Credit Card Review

I looked up the cash back terms and it looks the same as the citi div. select except it doesnt include the 5% at grocery stores? This seems more like a scam to encourage folks to carry a balance….and pay interest charges.

Author: Board Monitor
Posted: Thu Oct 20, 2005 7:43 am
Post subject: Citi Simplicity Credit Card Review

More info. about Simplicity in an article on Smart Money Magazine’s website:

http://www.smartmoney.com/consumer/index.cfm?story=20051018

I am proud to say that http://www.CardRatings.com is referenced in the article.
_________________
Best Regards,
Curtis Arnold
Board Monitor
http://www.cardratings.com
(501) 663-0314

Author: maddybeagle
Posted: Thu Oct 20, 2005 9:24 am
Post subject: Citi Simplicity Credit Card Review

Thanks for the article and congrats on the reference! It sounds like a lot of folks here have had luck with reversing a late fee or 2 on occasion by just calling up the cc.

Author: Ira
Posted: Fri Oct 21, 2005 12:24 am
Post subject: Citi Simplicity Credit Card Review

A few comments.

First of all, virtually ANY card issuer will allow you to pick your own statement date. I’ve changed several over the years. All you have to do is call and ask them to change your date.

Also, almost any bank will reverse your first late charge and some will reverse two late charges during any twelve month period. You have to call and very politely ask them to do so. They will NOT volunteer the information.

Author: jlrdc909
Posted: Tue Oct 25, 2005 7:32 am
Post subject: Citi Simplicity Credit Card Review

I recently caught a television advertisement for this card.
While it is nice that they will reverse a late charge, I think it is sending the wrong message, try this with Discover or any other card and watch what happens.
I have numerous cards, and I know that statement drop date and the due date for each of them. I think the message is if your late dont worry, it will be ok. NOT GOOD!

Author: frank
Posted: Tue Oct 25, 2005 2:05 pm
Post subject: Citi Simplicity Credit Card Review

I think it depends on how they really apply thier rules. The agreement I think is a little more lax than some. It says that they will take into consideration just how late and the account in general. This could mean that if you are a few days late a few times, no late fee and no jack. Kind of like the old days when they had grace periods.

I normally PIF so if they jack me it won’t cost that much but I would could save around $80 in late fees a year.

“A good customer shouldn’t have to pay late fees” If they mean it why don’t they have all thier cards as no late fee?

It really depends on how it is enforced. If they are just going to be the same jacking people at will, then all thier marketing will be for not.