To lower interest rates, Citi customers must spend

Google/AP ^ | 19 Novemer 2009 | Candice Choi

[EVO X]

Cut your Citi Bank card into about 50 pieces, mail those pieces back to Citi Bank

I would, but have a Frequent Flyer miles card. The virtual account number does come in handy for internet shopping. I have another card with much lower rates for emergencies..

[DH]

Isn’t it amazing how full circle things have come about?
Used to be that banks were thankful for your business. Now, you have to consider yourself lucky if a bank will even talk to you.

Banks now consider a rare privilege indeed for you, to have the good fortune to let the bank suck the money right out of your hands.

[raybbr]

Wow, this is weird. I have a Citi card and I get no interest for up to six months on purchases over $299 and no interest for up to three months on purchases of $99 or more.

The standard purchase rate is 7.24%. I really have to say that this card has saved me some interest over the year and a half I've had it.

The kicker is that I'm out of work and have no income yet I have a credit score very near 800.