If the new card is a conversion from an old account, then the bank information carries over.

Since the poster said he qualified for some special intro rate, I assumed it was a new account. With new accounts, you need to go through this verification process before they'll accept large payments.

billrubin said:Gpz1100 said:If the new card is a conversion from an old account, then the bank information carries over.If you convert it, do you still get the 5% on everything for 3 months? Typically you don't get those offers on conversions.
When I saw this offer I tried to convert my Diamond card, Figured since that card had the security issue and I was waiting for a new card it was good time to try it. Was a no go. My Diamond card is less than a year old so no big deal losing the age and I plan on calling today to close it and move the the $62.5K to my Cashreturn card. I was told that can be done. Laid in bed last making a list of all the things I need to buy while I have the 5%. figure I will also tell my wife to do Holiday shopping early plus buy some gift cards for stores I know I use a lot thru out the year. I plan on taking CITI for many thousands on this deal.

scott1961 said:jennatx said:I
My husband will be thrilled to not carry 3 different cards for the next 3 months... of course then he'll have to relearn it all after the promo.
Same for my wife, She has used the wrong card a couple times and her excuse is they both have the same color back. I politely suggested she start looking at the front. I do think I am starting to drive her crazy by switching cards and which card to use where and when because I like to stop charging on a card a few days before statement date so I can PIF and show a 0 balance

that's taking it too far. it's such a hassle to worry about which card to use, etc. some people prefer to relax and just enjoy life and not worry about money every single moment.

s0ssos said:

that's taking it too far. it's such a hassle to worry about which card to use, etc. some people prefer to relax and just enjoy life and not worry about money every single moment.
I am the most relaxed person, Do you find it a hassle putting the right shoe on each foot? Using the right card is no more difficult. Why should you ever leave the easy money on the table?

Just noticed the following and am confused. Is that an extra $5, Or is that instead of the 5%? Hope someone can answer before I screw up and transfer $65k to this card for the 5% rewards. One other thing, If I BT to this card does that mean I should not use for purchases anymore? If that's the case I would wait till just before the end of 3 month Promo

Reward Program Information
Citi CashReturnsSM MasterCard®
Unless you are participating in a limited-time promotional offer, you will earn 1% on all purchases. You will earn 1% on cash advances and cash convenience check amounts billed at the standard cash advance rate. You will receive five CitiDollars for each individual balance transfer transaction of $1,500 or more.

scott1961 said:s0ssos said:scott1961 said:jennatx said:I
My husband will be thrilled to not carry 3 different cards for the next 3 months... of course then he'll have to relearn it all after the promo.
Same for my wife, She has used the wrong card a couple times and her excuse is they both have the same color back. I politely suggested she start looking at the front. I do think I am starting to drive her crazy by switching cards and which card to use where and when because I like to stop charging on a card a few days before statement date so I can PIF and show a 0 balance

that's taking it too far. it's such a hassle to worry about which card to use, etc. some people prefer to relax and just enjoy life and not worry about money every single moment.


I am the most relaxed person, Do you find it a hassle putting the right shoe on each foot? Using the right card is no more difficult. Why should you ever leave the easy money on the table?
well, apparently your wife finds it a hassle. and jennatx's husband.
and actually, i don't find it that much of a hassle to put right on right, but putting on shoes and having to tie shoe laces is a hassle. i prefer slip-ons. and the slip-on sandals don't have a right or a left.

tuphat said:xpguy said:Where was this card when I wanted to pay my income taxes? You know they're going to cancel this promotion around tax time next year

If you think it's worth it after considering service charge and time value of money, you can always make estimated tax payments within the 3-month promo period.

Edit to remove reference to property taxes.
Thanks to SiS who told me about officialpayments.com, Because I don't want to get hit with a huge tax bill plus penalties due to my 1099-INT, I am having a little over $500 extra a week taken out of my paycheck, I do this instead of quarterly estimate payments. I will now talk with my account and try and get a picture of my tax liabilities for this year. Will then make a large estimated payment, officialpayments.com has a 2.5% fee but that still leaves a net gain of 2.5% . Plus I will then stop having that extra $500 a week taken out. So for anybody who makes estimated payments this could be a good deal

brentpresley said:

Do us all a favor, and if you don't have something INTELLIGENT to say, keep your piehole shut.
But that would deprive her of her ability to earn money.

I'm sorry, brent. Perhaps you should reread my post:

"Is the 5% really worth it for 3 months??? Not for me......The extra 3.5% on non-EDP which I'd get for 3 months on this Citi card wouldn't even pay my phone bill"

I wasn't speaking for you or anyone else. If you anticipate significant non-EDP expenses for a 3 month period, then this card certainly makes a lot of sense...........

LustfortheMoment said:I'm sorry, brent. Perhaps you should reread my post:

"Is the 5% really worth it for 3 months??? Not for me......The extra 3.5% on non-EDP which I'd get for 3 months on this Citi card wouldn't even pay my phone bill"

I wasn't speaking for you or anyone else. If you anticipate significant non-EDP expenses for a 3 month period, then this card certainly makes a lot of sense...........
You are absolutely correct, Everybody needs to look at their own need and decide if this card is right for them. So why did you bother to chime in with:

LustfortheMoment said: The extra 3.5% on non-EDP which I'd get for 3 months on this Citi card wouldn't even pay my phone bill.....

For me the card has been a goldmine, So far $10k on College bill ($500) $2900 on winter tire package ($145), $2,200 on new exhaust for my car ($110) $1900 on new Laptop ($95) and plan on making an estimate tax payment today to officialpayments.com for at least $10k, After 2.5% fee will clear $250, So that's about $1,100 so far and have only had card for 3 days, these were purchases that would have been made anyways