Comments on: Citi Forward Card Review: Credit Card Rewards

By: Steven

Steven — Wed, 27 Jan 2010 20:30:45 +0000

Is there an anual fee?

By: May

May — Mon, 01 Jun 2009 00:34:00 +0000

Thomas,

I don’t think there is any difference between the two cards except the free $100 gift card offer with the Citi Forward Card. I’d suggest going with the Citi Forward Card instead – the MTVU card simply screams “I’m a kiddy”. I think it would be embarrassing to carry something like that around, although it really shouldn’t matter what you carried around in your wallet. It’s not like credit cards are really supposed to be status symbols or something. I think the Black Card folks would disagree obviously

By: thomas

thomas — Tue, 19 May 2009 20:53:58 +0000

Can’t tell what’s the difference between the Citi Forward Card For Students and the Citibank mtvu card. Both offer pretty much the same card rewards for spending and both are limited to college students. If they are the same, I’d rather go with the Citi Foward…. there is just something odd and sorta childish about carrying around a credit card that says mtv on it. Besides the Forward card at least offers the $100 sign up gift card promotion.

By: Citi Card Holder

Citi Card Holder — Mon, 18 May 2009 18:27:27 +0000

I’m a big Citi Card credit card fan. Pretty much all of the cards I have in my wallet are Citi branded cards. I like the fact that I can pool my Thank You reward points into one basket for future reward redemption purposes. I’ve been eying the 5% cash back benefits of the Citi mtvu card for some time now but because it was a student credit card (and I’m not a student), I have not been able to qualify despite my futile attempts at posing as a grad student. They actually do require verification of college or graduate student status, which is why I was prevented from qualifying for the citi mtvu. (Don’t judge me!)

Which is why I’m so excited about this Citi Forward card…it has the 5% reward rate for restaurant purchases (which is my biggest expense as well…just like you). Plus, the best part is that it’s available to all applicants and not just students.

My only concern is….is this card offer one that will legitimately stay around for years or is another one of those Citi card offers that will appear for a while and than get pulled after a few months. I have bad memories of my old Citi Dividend card. The Citi Dividend used to offer an astounding 5% cashback rate for groceries, drug stores, and gas purchases…but eventually had to cut back to 2% after it no longer became profitable for Citibank.

By: Raymond

Raymond — Mon, 11 May 2009 06:09:31 +0000

Hi Gary,

Thanks for reminding me about the balance transfer fee. You are correct – the Citi Forward does feature a 3% fee for balance transfers, so while the $100 bonus money for signing up would be nice, it may be negated by the transfer charge if you were to decide to participate in the 0% balance transfer offer for 6 months.

Of course, one way to get around it somehow would be to utilize the 0% purchase offer instead. There are no associated fees or penalties required to take advantage of 0% APR charges for the introductory period. But then, the problem with interest free offers has always been finding a way to use them on pre-existing credit card charges…

By: Gary Stuart

Gary Stuart — Mon, 11 May 2009 04:55:08 +0000

Well I thank you VERY much for the post about the Citi-Forward card, you might want to also indicate that while all these benefits are well and good, there is STILL a balance transfer fee to consider with this particular card — which was a dealbreaker for me, personally. While I would get $100 for signing up, I would also have paid $175 in balance transfer fees.

Thanks for a great site!