Are Citi Simplicity Credit Cards Beng Phased Out?
Author: credit advisor
Posted: Sat Mar 25, 2006 12:00 am
Post subject: Citi Simplicity Cards - Being phased out
Rumor has it that after an initial burst of marketing, Citibank is pulling back on the Citi Simplicity Cards, and will be phasing out marketing in the near future. This card may be pulled from most if not all online credit card marketing sites by the end of the month.
One can only speculate that the marketing pitch of - "No More Late Fees" - encouraged delinquencies which caused a problem for Citi (pure speculation of course).
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Author: rapjunkie
Posted: Sat Mar 25, 2006 2:10 am
Post subject:
That's strange... the marketing of the Simplicity card has been very extensive.
Author: credithelp
Posted: Sat Mar 25, 2006 9:38 am
Post subject:
Citi is really pushing the simplicity card. They recently talked me into getting it. An overall decent card in my opinnion.
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
Author: maddybeagle
Posted: Sat Mar 25, 2006 9:54 am
Post subject: Are Citi Simplicity Credit Cards Beng Phased Out?
I think we have talked about this before, but their other cards like dividend select have better cash back (simp. doesnt have 5% back at grocery stores) and the informed consumer knows that they have goodwill to remove a late fee. My impression is the consumers just didnt by the hype.
Author: Board Monitor
Posted: Sat Mar 25, 2006 10:02 am
Post subject: Are Citi Simplicity Credit Cards Beng Phased Out?
Quote:
One can only speculate that the marketing pitch of - "No More Late Fees" - encouraged delinquencies which caused a problem for Citi (pure speculation of course).
I don't think this is it at all. On the contrary, they want you to be delinquent so they can jack your rate up to 31+%! And, just because they slow online marketing doesn't mean that they won't ramp up offline marketing.
_________________
Regards,
Curtis Arnold
Board Monitor
http://www.CardRatings.com
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
Posted: Sat Mar 25, 2006 12:00 am
Post subject: Citi Simplicity Cards - Being phased out
Rumor has it that after an initial burst of marketing, Citibank is pulling back on the Citi Simplicity Cards, and will be phasing out marketing in the near future. This card may be pulled from most if not all online credit card marketing sites by the end of the month.
One can only speculate that the marketing pitch of - "No More Late Fees" - encouraged delinquencies which caused a problem for Citi (pure speculation of course).
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
Author: rapjunkie
Posted: Sat Mar 25, 2006 2:10 am
Post subject:
That's strange... the marketing of the Simplicity card has been very extensive.
Author: credithelp
Posted: Sat Mar 25, 2006 9:38 am
Post subject:
Citi is really pushing the simplicity card. They recently talked me into getting it. An overall decent card in my opinnion.
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
Author: maddybeagle
Posted: Sat Mar 25, 2006 9:54 am
Post subject: Are Citi Simplicity Credit Cards Beng Phased Out?
I think we have talked about this before, but their other cards like dividend select have better cash back (simp. doesnt have 5% back at grocery stores) and the informed consumer knows that they have goodwill to remove a late fee. My impression is the consumers just didnt by the hype.
Author: Board Monitor
Posted: Sat Mar 25, 2006 10:02 am
Post subject: Are Citi Simplicity Credit Cards Beng Phased Out?
Quote:
One can only speculate that the marketing pitch of - "No More Late Fees" - encouraged delinquencies which caused a problem for Citi (pure speculation of course).
I don't think this is it at all. On the contrary, they want you to be delinquent so they can jack your rate up to 31+%! And, just because they slow online marketing doesn't mean that they won't ramp up offline marketing.
_________________
Regards,
Curtis Arnold
Board Monitor
http://www.CardRatings.com
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
posted by CardRatings.com at 6:07 PM
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