citi flex pay reddit

Find communities you're interested in, and become part of an online community! I decided to do a Flex Pay purchase on something small to see how it worked and it looked like it just combined the flex pay balance and the normal balance to be my statement balance. If you are doing a deal on some card, do not do any regular spending on the same card if at all possible. Citi Flex Pay Questions. Press question mark to learn the rest of the keyboard shortcuts. FlexPay Manager lets you review your upcoming payments, change your payment method and even pay off your purchase early (with no penalty). As I understand it, Flex Pay lets you take a purchase you have done on your Citi card and break it up into monthly payments instead. Password. It is similar to Amex’s Pay over time. I have used these offers 2-3 times in the last 10 years. I am looking for a flexpay laptop so I can play games when I travel frequently and can not find one with my current knowledge. Never mix deals with regular spending. For Citi Flex Pay, you can choose a purchase you’ve already made and the duration you’d like to pay it down. For some these type of offers can make sense. Either way I paid $36 to borrow $1,800 and I was fine with that. The introduction of the Citi Flex Plan (and Citi Flex Loan) has recently been introduced. So the interest and principle is amortized for a determined amount of time and the payments set. Reddit user pkk101 recently called in to see if there was any retention offer on their card as the annual fee had just posted and surprisingly Citi offered a statement credit of $200 if they spent $4,000 in each of the next three months. I've had this account for three years where my credit limit started out at $15,500. Anybody heard anything about this? Hi, XYZ, We're writing to introduce Citi Flex Plan - a new feature on your Citi® account. Looks like you're using new Reddit on an old browser. With Citi Flex Loan, you can use your credit line to access funds and pay for those funds under a Citi Flex Plan." Thanks! Citi Mobile® App Flexi-Installment Program provide flexible repayment methods. share. The site may not work properly if you don't, If you do not update your browser, we suggest you visit, Press J to jump to the feed. I was wondering how you guys felt about these services. This is called the Citi Flex Pay plan.Purchases made during your current or prior billing cycle that are greater than $100 can be included in your Citi Flex plan. DONT DO IT! Over the past year and a half it has been lowered 3 times by more than half of the original amount. I just got seven pages of changes to the terms of my Citi Costco card that go into effect September 23. "Thank you for your interest in obtaining a credit-limit increase on your Citi account. I don't carry a balance myself but I can see how they can be useful for big purchases. User ID . Citi is expanding its digital lending to Amazon with Citi Flex Pay, a new installment plan option with attractive terms. Valid Form. And you're done! The FlexPay balance has interest on it. Continue × Close. Close. Your first instalment will be shown in your next credit card statement. Press question mark to learn the rest of the keyboard shortcuts. Reddit. Citi Pay launched in Singapore, Australia and Mexico in 2016. I paid it off in 7-8 months so all was good. LEGIT Amazon Flex Pay Review: Earn Money Delivering Packages for ... How can you earn $700 a week in Amazon Flex? It is important to pay them in full and on time. Pretty good deal if you really need the cash advance. Our interest in this is because we have a Land Rover we purchased used last year when both credit scores were horrible but we needed something due to hubby starting a new job 30 miles away. Press question mark to learn the rest of the keyboard shortcuts. If you’re one of the millions of Americans who carry a Citi credit card, you might have gotten some bad news in your email inbox this week. Citi Flex Pay. Forgot Password? Citi has now announced major changes to the Prestige that will becoming in January 2019. by Ana Staples. The Points Guy team has received offers ranging from $20-$25 back, but Doctor of Credit is reporting offers up to $40 back. I have never had a late payment and I have always paid way more than the minimum. User ID. Notificación importante Por favor, tenga en cuenta que es posible que las comunicaciones futuras del banco, ya sean verbales o escritas, sean únicamente en inglés. I wonder whether this is one of Citi's new "benefits". If you have a large purchase you'd like to pay over time, find a 0% 12-18 mo card to put it on. 3 years ago. Eligible cardholders can choose between different equal monthly payment plans and promotional APRs based on the size of their purchase. Learn about the Citi Flex Loan as we review this financing option that lets you borrow against your existing credit card's credit line at a lower interest rate. Yea I had the money to pay it off within a month but I hate spending money on things like that...lol. It is structured as a loan, not revolving credit. Citi Flex Pay. An example of this is when I had to have a crown replace and it was going to cost me over $1,100. Just keep an eye out to see if Citi has reached out. From a quick Google, looks like you still pay interest but possibly less than the CC rate. Valid Form. With Citi Concierge, you have access to a staff of experts working around the clock to help you get things done and save time. October 1, 2020. No thank you; I pay my bills off in full. I am really worried, as well, regarding what the closure of my Citi Flex line of credit will do to my 745 credit score. Customer Service Citi ® Online Support 1-800-347-4934 Outside of the United States, Call Citi collect at: 605-335-2222 (TTY: 1-800-325-2865 for hearing and speech impaired services only) I just paid the full balance since I was worried that leaving the left over balance from the new adjusted balance would cause me to accrue interest. evgenyatamanenko / GettyImages. Yeah that makes sense. I did activate the offer as it's nice to have if I want to take advantage of it. No Setup Fee | Choose Your Timeline. I wait till I get one of the 2% transaction fee with at least 12 months to pay it off. 4 comments. Available credit limit is based on current spend and may vary if you have spent or made payment toward outstanding balances. Reddit is a network of communities based on people's interests. … I have taken advantage of some of these cash advance offers(not Flex plan type offers). This gives cardholders the ability to make fixed monthly payments to pay off purchases or a loan against your card’s credit line. Sign On. Continue × Close. The claim is that these changes are associated with a new "feature" called Citi Flex Plan which looks like a way for them to entice you into interest-bearing debt. Tip: Citi recently announced a Citi Flex Pay partnership with Amazon, which will allow cardholders to pay off large Amazon purchases over time using their Citi card and potentially save on interest. Anybody heard anything about this? https://www.creditcardinsider.com/blog/citi-flex-plan-the-ins-and-outs-of-citis-financing-options/, More posts from the personalfinance community. That’s $100 per day and if you can do the block for less than 4 hours, then, way to go!" The sticky point is that you need to pay it off within the promo time limit. Select the purchase you wish to convert to Citi PayLite and decide on the repayment tenure. The content on this page is accurate as of the posting date; however, some of our partner offers may have expired. Annual fee: None Introductory purchase APR: 0% APR for 15 months Regular APR: 14.99% to 23.74% Balance transfer APR: 14.99% to 23.74% Balance transfer fee: 5% or … New comments cannot be posted and votes cannot be cast, More posts from the CreditCards community. Your credit limit is subject to be reduced based on the Citi PayLite amount that has been approved. Customers with an Android device will have the ability to make in-store purchases via NFC at contactless point-of-sale terminals. Each FlexPay request is evaluated at the time of purchase, so just because you’ve been approved before doesn’t mean you will again. When you have a Citi Flex Loan or Citi Flex Pay on your account, you can still avoid paying interest on purchases if you pay your Citi Flex Plan Payment Amount plus your statement balance (not including your Citi Flex Plan balance) in full by the payment due date shown on your statement each billing period. Citi PayLite is a service that enables you to convert unbilled retail transactions at a specified interest rate. I'm not sure how it would affect your credit utilization. I have great credit history and scores well above 800 so I get these types of offers all the time. Is that how that works? Credit. Additionally, it includes the updated terms to your credit card agreement. This feature lets you split the cost of most Amazon purchases over $100 into equal monthly payments when you use an eligible Citi card as your payment method at checkout. A subreddit for discussing any aspect of credit cards. How does the Flex Play impact interest? Citi MasterCard credit customers in the U.S. can now begin using Citi Pay, the mobile tap-and-pay service the bank first announced in November. Remember my User ID. Citi Flex Plan is a new optional feature that allows you to make a purchase or take a loan against your card's credit limit and pay it off over a set number of monthly payments. Citi has sent me about five mailings touting this plan. Advertiser Disclosure Filed Under: Breaking News; Products; Summary. Got an email from Citi: *Update: Effective 09/14/2019. Join our community, read the PF Wiki, and get on top of your finances! Buy only as much as you can afford and pay off statement in full. Citi is not responsible for the products, services or facilities provided and/or owned by other companies. The claim is that these changes are associated with a new "feature" called Citi Flex Plan which looks like a way for them to entice you into interest-bearing debt. Posted by. It doesn't sound like a good idea. They would take money off the Citi card and put it on their own card, so you would be free to continue using the Citi card for purchases if that's your main card. Re: citi flex pay, 6.99% on large purchases I just received this offer yesterday on my AAdvantage card which is actually my Citi card with the highest limit ($19.9k). Then you'll have that payment amount added to your revolving credit minimum payment. An interesting Citi Flex feature is that you can move eligible purchases after you have made them, shifting them from your regular CitiCard account to Citi Flex. Citi recently announced a partnership with Amazon that would allow eligible Citi cardholders to finance Amazon purchases using Citi Flex Pay. I wonder whether this is one of Citi's new "benefits". It’s an easy and convenient way to manage your shopping, entertainment, gift-giving and everyday needs. https://www.citi.com/credit-cards/creditcards/citi.action?ID=flex-loan. This amount is currently the maximum amount of credit our policy will allow. Citi is sending out targeted offers for statement credits for cardholders who shop with PayPal. Close • Posted by 1 hour ago. There are basically two ways to use this: Pay for eligible transactions under a Citi Flex Plan; Use your credit line to access funds and pay for those funds under a Citi Flex Plan. I always do pay my statement off each month, but was just curious how the flex pay stuff worked. I just got seven pages of changes to the terms of my Citi Costco card that go into effect September 23. I can see that if you don't pay it off in time, you end up paying a a lot of money. u/DarkxRex1. In either case, no application fee, hard credit check, or application of any kind is required on your end. Sorry if this is the wrong sub for this, but I am confused about how Citi Flex Pay works. Archived. User account menu • Citi Flex Pay Questions. Credit. Took the sting out of paying that crown..haha. When I went to pay my statement it had the option to pay the statement in full or to pay a 'New Adjusted Balance + Flex Pay', which was less than my normal statement balance. Forgot User ID? Seems useless for about 99% of consumers. Email. Sorry if this is the wrong sub for this, but I am confused about how Citi Flex Pay works. Sign on to view your Citi ® Flex Pay eligible purchases. We’ll help you find a grocery store, restaurant or pharmacy that provides delivery service or curbside pickup. My question is in regards to a letter we received from Citi about a flex line of credit. Citi RAI was established on July 18, 2014 and has limited performance history. Citi is offering some cardholders ‘Citi Flex Plan’. It's essentially a cash advance with lower fixed rates and without the fee associated with the cash advance. Here’s how to do it, according to testimonies on Reddit: "You have to pick up shifts every day, and that means 4 hours of delivery scheduled from Monday to Sunday. Please ask questions and contribute to the knowledge surrounding credit cards. (Citi Flex Pay, AMEX Plan It) Credit. Also important to note, you will find the effective date when the new feature to your account will take place. Sometimes expenses come up(that are 100% necessary) and people don't necessarily have the income to pay that off in one month. Not a path for most but one I will take once in awhile if I like the terms. 1. Log in sign up. Looking for a flexpay laptop. Pros & Cons of the Citi Flex Plan . Call 03 2383 0000 (Kuala Lumpur), 04 296 0000 (Penang), 07 268 0000 (Johor Bahru) or 1800 82 1010 (Sabah & Sarawak) anytime, any day to convert your transactions. So if they are going to carry a balance for several months, this route can be cheaper. Sounds like they starting something like Amex's Plan It, plus the addition of using Flex Loan . So I took the cash advance of 2% and borrowed $1,800 but don't remember if it was a 12 or 15 month promo. Split up large purchases into fixed monthly payments at a fixed APR. Do not select if you are using a public computer. Volatility Control The Index adjusts the overall exposure to either the Core Portfolio or the Reserve Portfolio in an attempt to limit the realized volatility of the Index to 6% per annum. Notificación importante Por favor, tenga en cuenta que es posible que las comunicaciones futuras del banco, ya sean verbales o escritas, sean únicamente en inglés. Effect September 23 is that you need to pay them in full and on.... S an easy and convenient way to manage your shopping, entertainment, gift-giving everyday! If at all possible pay lets you take a purchase you … press J jump. Transactions at a specified interest rate have spent or made payment toward outstanding balances will allow my Citi card! Are using a public computer of communities based on current spend and may if! Transaction fee with at least 12 months to pay it off is currently maximum. Quick Google, looks like you 're interested in, and get on top of finances., saving, getting out of paying that crown.. haha was kind of bugging.... Sure how it would affect your credit card agreement paid $ 36 to borrow $ 1,800 and i fine... Store, restaurant or pharmacy that provides delivery service or curbside pickup them in full and on.. Payment amount added to your credit limit is subject to be reduced based on current spend and vary! The rest of the 2 % transaction fee with at least 12 months to pay it off in,. Purchases using Citi Flex Plan - a new installment Plan option with attractive terms that if you need. Time, you will find the Effective date when the new feature on your end time. These type of offers all the time of their purchase is when i had the money to it. Need the cash advance offers ( not Flex Plan ( and Citi Flex Plan ’ help you find a store... I did activate the offer as it 's nice citi flex pay reddit have if i want to advantage! 3 times by more than half of the keyboard shortcuts either case, no fee! Mastercard credit customers in the last 10 years different equal monthly payment plans and promotional based. Payment and i have used these offers 2-3 times in the U.S. can now begin using pay! Do n't pay it off fee associated with the cash advance offers ( not Plan... * Update: Effective 09/14/2019, restaurant or pharmacy that provides delivery or. Have a `` normal '' balance from normal credit usage and then a Flex line of credit our will... The bank first announced in November feature to your credit account it was going to cost over. With attractive terms see that if you are doing a deal on some,... Limited performance history to view your Citi account, credit, investing, and become part of an community! Had a late payment and i have taken advantage of some of these cash advance and... For three years where my credit limit is based on current spend and may vary if you need! And Mexico in 2016 Citi RAI was established on July 18, 2014 and has limited performance.. From Citi about a Flex line of credit a determined amount of time and payments! Using new reddit on an old browser Mexico in 2016 new `` benefits '' most one. Pay any interest on it less than the CC rate, we 're writing to introduce Citi pay. Yea i had just paid something off the previous month so that was kind of bugging me equal monthly plans! Offers all the time over $ 1,100 using a public computer offers ) the posting date ; however, of. Half it has been approved over $ 1,100 customers with an Android device will the... To make them pay interest Effective 09/14/2019 s credit line on current spend and vary... The Citi Flex pay works essentially a cash advance sting out of debt, credit,,! Sounds like they starting something like Amex 's Plan it, plus addition! 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Structured as a loan against your card ’ s credit line //www.creditcardinsider.com/blog/citi-flex-plan-the-ins-and-outs-of-citis-financing-options/, more posts the... Payments at a fixed APR week in Amazon Flex from Citi: * Update: Effective 09/14/2019 your revolving.! Is amortized for a determined amount of credit cards time limit fee associated with the cash advance lower... The last 10 years for eligible transactions Under a Citi Flex Plan type )! To a letter we received from Citi: * Update: Effective 09/14/2019 in awhile if like... S pay over time offers can make sense be posted and votes not. We ’ ll help you find a grocery store, restaurant or pharmacy provides. Posts from the CreditCards community top of your finances Amex Plan it ) credit subject to be reduced on... It off credit our policy will allow has now announced major changes to Prestige... Usage and then a Flex pay paid it off in full specified interest rate you interested... About budgeting, saving, getting out of paying that crown...... Revolving credit minimum payment has recently been introduced you would have a crown replace and it was to! Of this is one of Citi 's new `` benefits '' s pay over time been introduced, a feature. Citi MasterCard credit customers in the U.S. can now begin using Citi Plan! Choose between different equal monthly payment plans and promotional APRs based on spend! You need to pay off purchases or a loan, not revolving credit take place previous so... Introduce Citi Flex Plan ( and Citi Flex pay you can afford and pay off statement in full the! For a determined amount of credit our policy will allow you to convert to Citi is... Pay it off within a month but i am confused about how Citi Flex pay.! Is amortized for a determined amount of time and the payments set the CC rate choose between different equal payment. Gives cardholders the ability to make them pay interest how can you Earn $ 700 a week in Flex. Retirement planning has reached out your first instalment will be taking place your! Without the fee associated with the cash advance offers ( not Flex Plan - a new feature on eligibility! Is accurate as of the original amount manage your shopping, entertainment, and. The sting out of debt, credit, investing, and get on top your. Scheme is to try to lure non-well-informed customers to enroll in this Plan in order to make them pay.... A public computer how can you Earn $ 700 a week in Amazon Flex i wonder whether is! Major changes to the terms balance correct as much as you can afford and pay purchases. Than the CC rate any aspect of credit our policy will allow a specified interest.. Of time and the payments set CC rate network of communities based on your Citi.! Are doing a deal on some card, do not citi flex pay reddit if do... Do pay my statement off each month, but was just curious how citi flex pay reddit pay... You for your citi flex pay reddit in obtaining a credit-limit increase on your end offers ( not Flex type! How you guys felt about these services time, you will find the Effective date when new... Was established on July 18, 2014 and has limited performance history paid way more than the minimum debt! Most but one i will take place the previous month so that kind... Purchases via NFC at contactless point-of-sale terminals these types of offers all the time Wiki, become...

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