1.99% for life MBNA MC or MBNA 0% interest Mastercard for 15 months or CITI 0%

[n a m]

anyone try to get this deal on a current CITI card?

[jefguth]

YES. In fact, I had originally put the my PC Line of Credit account number, and the Citi rep called me and told me that it would be easier for them to do the BT into my bank account. So I gave him my chequing account info, got my full credit limit deposited (confirmed at 0% for 365 days) into my chequing account 5 days later, and then transferred it into my PC Plus savings account where it is earning 4% while I decide what to do with it. I should thank st7860 and THEDONALD for this deal

it turns out that bank account numbers are not valid (due to the number of digits) on the online app, I guess it went through initially for you because your LOC number is a credit card number. Guess I'll just have to do this the old fashioned way.

[mensrea]

YES. In fact, I had originally put the my PC Line of Credit account number, and the Citi rep called me and told me that it would be easier for them to do the BT into my bank account. So I gave him my chequing account info, got my full credit limit deposited (confirmed at 0% for 365 days) into my chequing account 5 days later, and then transferred it into my PC Plus savings account where it is earning 4% while I decide what to do with it. I should thank st7860 and THEDONALD for this deal

Thanks RFD, this is great! My wife and just bought a new home and had to get a secure line of credit to put down 25k. Although the line of credit is a pretty good interest rate (prime) nothing beats 0%. This is going to save me well over one thousand dollars over the year!!!

THANKS AGAIN!!!

[TorontoEh]

Thanks RFD, this is great! My wife and just bought a new home and had to get a secure line of credit to put down 25k. Although the line of credit is a pretty good interest rate (prime) nothing beats 0%. This is going to save me well over one thousand dollars over the year!!!

Question? You can take a cash advance and still pay 0% ? can anyone confirm pleasea>

[mensrea]

It's a balance transfer to my chequings account. As others in the thread, I confirmed that this was possible and that it's 0% until next october.

[uzer101]

went through for me you guys saved me 19% interest on 5Gs for one year thanks!

[krs]

Back to n a m's question.
Anyone know if I can somehow apply this to an existing citi mastercard?
Or will they let me get a new one?

I used to have two CIBC visa cards, then CIBC cancelled one which apparently happened automatically by their system because the name and address were the same..
When I explained to CIBC that I always had two in the past, one for business and one for personal use, they worked around the system for me by using my name with EXP behind it for the second card (EXP=Expenses).
Worked great for a number of years with CIBC Visa - wonder if something like that would work for citi. I could use another 0% BT for a year.

[AllWheelDrift]

I don't think you can get this applied to your existing card, but I believe people have successfully applied for a 2nd card from Citi.

[krs]

OK, I just applied for a second card. We'll see what happens.

[(Bean)]

Does the Zero interest for a year version of the card have a minimum income requirement? and if so is it a FIRM requirement? I have seen some cards require a pretty hefty income - and I always wonder how serious the are about that requirement. Thanks

[Rehan]

Does the Zero interest for a year version of the card have a minimum income requirement? and if so is it a FIRM requirement? I have seen some cards require a pretty hefty income - and I always wonder how serious the are about that requirement. Thanks

The application lists a minimum income of $20,000.

[pkthree]

What credit limit have they been giving for $20,000 income?

[Rehan]

What credit limit have they been giving for $20,000 income?

Probably $2500.
http://www.citibank.com/canada/cards...rd_compare.htm

[st7860]

Does the Zero interest for a year version of the card have a minimum income requirement? and if so is it a FIRM requirement? I have seen some cards require a pretty hefty income - and I always wonder how serious the are about that requirement. Thanks

the hardest part is getting the first 1 or 2 cards. after about 6 to 12 months of having 1 or 2 cards, you can get a lot more choices, and the income won't matter as much, just put down a reasonably high amount and it'll probably work.

[udh]

Somebody mentioned that he/she successfully entered the bank account # into the on-line application form, other said that it won't work, only credit card # is accepted.

Can someone please confirm either way? I wanted to apply for the card, but not sure how you can take advantage of the 0% balance transfer as I don't have any outstanding balance transfer, ever?

For example, if I have to enter a credit card number but i don't have any outstanding balance transfer, so the money from Citibank would become a credit on this credit card, right? Then I need to order some cash advance cheques from that credit card company to take the money out, correct? I am worried that the CC company will charge hefty cash advance fee if I do it this way. Please advise!!!



Thank you in advance.