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Bizarre!

November 27th, 2012 at 03:50 am

A few months ago I opened up a new Citi card in order to take advantage of the Netflix free for a year promo. This made it so I had two Citi cards (I'd opened the first one a few years ago while in graduate school for some offer I can't remember now.)

So in an effort to reduce the number of open credit cards, I decided that I should go ahead and close that one. (Especially since I signed up for a PenFed credit card last night .... 5% gas.)

When I called about transferring my Thank You points to my new card and closing the old one, I was told that the points could not be transferred. So I had enough points for a $5 Starbucks card which did not excite me at all ... so the customer service agent added enough points for me to get a $10 gift card - Amazon unfortunately wasn't one of the choices, so I got a Macy's card which I'll probably give to my mom.

After that was taken care of, I was sent to the account specialist. I explained that I wanted to close my card and just stay with my new one. Short story -- I was offered 3,000 TYpoints if I spend $300 in the next 3 months. $300 in 3 months is something I could do - even if I take gas and groceries out of the equation. Maybe pay my car insurance and some other things that don't qualify for any of the 2 pts or 5% deals.

Now I guess I'll have to actually put the card back in my wallet! Big Grin

2 Responses to “Bizarre!”

  1. creditcardfree Says:
    1354021888

    Awesome! How much does 3000 TY points equal? $30?

  2. FrugalTexan75 Says:
    1354072760

    I'm not really sure. 1500 points equals a $10 gift card, so ... maybe $20?? I do actually need to figure that out - because then any of my other cards would be better to spend the $300 on. (Chase and Discover both are 1 pt = 1 cent credit statements and Amazon spending.)

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