Bad credit card, BAD, a posting on associated CC

ProfessorKev said:Bad credit card, BAD, a posting on associated CC

Got 14K for myself and 20K for wife. Now I'm a little worried. Maybe I should resist the temptation.

Wow - that was easy! I just got approved for $25,000!!! Can't wait to transfer the balance from my other credit card, which has been lingering since the holidays. Now I will have some breathing room!!!

Thank you so much OP

Hypersion said:mongoose65 said:Newbie question: Does anyone know if you can take the cash balance on this card to use towards a CD or MMA without a fee? I have a great card for purchases already but have been itching to try the AOR (in theory) to invest if I can find a few good 12 month 0% BT offers. I am never sure if they allow you to take cash out. Isn't this considered a cash advance at a high interest rate? How do you know if they provide courtesy checks?

Thanks for any info!

With CITI you can request a check and depost it in your checking/MM account and use the money for whatever you want.

Or do a ACH to your checking/MM

Sorry to all offended But at the bottom of the application it has a box like this.

Get more from your card (optional)†
Learn how to make it work for you–Just check a box(es) and choose Continue below. You can select a due date option, register for FREE online services and more.
A Check for You: Request a Balance Transfer in the form of a check made payable to you, and use it any way you want-pay a few bills, even treat yourself to a weekend getaway. Terms & Conditions (below)
Your welcome kit and card(s) will arrive within 2 weeks at the address you provided. Upon arrival, please follow the instructions on the security sticker to confirm receipt and activate your card for immediate use.

Terms & Conditions:
• You must not default under any Card Agreement(s).
• There is no balance transaction fee with this offer.
• You may transfer any amount, including any balance transfer transaction fees that may be assessed, up to 95.0% of your credit line, as long as it does not exceed your available credit line.
• You cannot transfer balances from other accounts issued by Citibank (South Dakota), N.A. or its affiliates.
• Be sure you do not transfer the amount of any disputed purchase or other charge, because you may lose your dispute rights.
• Transferred balance amounts do not earn any miles, rebates, points or reward benefits associated with your card, unless otherwise indicated.
• Valid only for U.S. based cardmembers and creditors.
• Finance charges will be assessed on balance transfers from the date the transaction is posted to your account. Your payments and credits will be allocated to pay off low APR balances before paying off higher APR balances. That means your savings will be reduced by making transactions that are subject to higher APRs.

If I should use this check to me and deposit it into a decent interest account pay on time there is no fees for 12 months?

Thank you all for me and others who will read this post in the future.

Looks like I answered my own question. Thanks OP I love this site.

This was on the next page of the application.

Secure Application
Transfer Balances

Your Credit

Initial Credit Line $15,000.00

Amount Available for Transfers $14,250.00

Amount of Transfers Requested $0.00 NOTE: This amount includes transaction fees applicable to your balance transfer request, if any.

Remaining Balance Available $14,250.00

dpid said:have people done a BT right away? There was a checkbox after getting an initial line.I tried and it gave me a not responding error

onedollarinmywallet said:For those who applied and got approved, anybody find out if you can BT to a checking account?

i did it, but no option. it specifically said the address you provided on the application is where a check will be sent.

I wanted to know about reallocation of Citi credit lines, so called Citi, and they said I needed to call Associated Bank. So, called the main # for Assocated Bank Customer Service spoke with two different reps, both said that reallocation was NOT possible b/c this is a co-branded card. (Each rep placed me on hold to check with their "credit card" department.) Hope this helps.

I bit the bullet and was approved. Scores all over 750 and HHI of 150k. Received a line of 15k. I'm a little disappointed with the low amount of the credit line, but I'm sure I can send in docs later and get it raised, after 6 months or whatever. Thanks for the link.

NukeMedDude said:I bit the bullet and was approved. Scores all over 750 and HHI of 150k. Received a line of 15k. I'm a little disappointed with the low amount of the credit line, but I'm sure I can send in docs later and get it raised, after 6 months or whatever. Thanks for the link.

Just a data point, 150K HHI, 740-750 scores used the regular app - $25k

I have no Citi cards now (used to have an AT&T Universal card 6-7 years ago, think that was Citi)