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VivYip
- Senior Member - 2K
posted: Jun. 28, 2005 @ 10:48a
thank you!!
noon: I just spoke to a Simon who opened the account for me over the phone. This time, they went through a whole bunch of questions to open the account...They even said it might take 3-5 days (even though it usually only takes 1-2 for existing customers) and the booklet packages will be sent out 7-10 days...
From the FAQ section (here)
...please keep the following in mind: When you view your account online and at ATMs, your e-Savings Account will be listed as a Preferred Money Market Account.
On your monthly bank statement, however, it will be cited as a "Citibank® e-Savings Account."
1pm -- the account showed up! |
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aa1bb2
- Member
posted: Jun. 28, 2005 @ 11:03a
It would be better if we could convert an existing savings account (like Day-to-Day Savings) to this e-Savings? |
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dmitri
- Member
posted: Jun. 28, 2005 @ 1:22p
aa1bb2 said:It would be better if we could convert an existing savings account (like Day-to-Day Savings) to this e-Savings?
That would be nice. Can it be done? And if yes, then how hassle-free?
Yeah, I know, I know - I should call customer service with such questions. At the moment I just can't call several times hoping to talk to a CSR who knows about this new product... |
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aegean94305
- Addicted Member
posted: Jun. 28, 2005 @ 1:45p
I just called and converted my super yield money market (SYMM) account to an e-savings account, with no problem. They did say that it was a brand new product and they put me on hold several times to ask somebody else. But, it was through at last.
One more thing people might want to know, the CSR explicitly told my that whenever you open an account with citibank, they will put a SOFT inquiry on your credit card report. Hard inquiries for credits, including checking plus, which is a credit line. |
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propcgamer
- Senior Member - 1K
posted: Jun. 28, 2005 @ 3:54p
aegean94305 said:I just called and converted my super yield money market (SYMM) account to an e-savings account, with no problem. They did say that it was a brand new product and they put me on hold several times to ask somebody else. But, it was through at last.
One more thing people might want to know, the CSR explicitly told my that whenever you open an account with citibank, they will put a SOFT inquiry on your credit card report. Hard inquiries for credits, including checking plus, which is a credit line.
how much does a soft inquiry effect your "credit"? |
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pz
- Member
posted: Jun. 28, 2005 @ 5:16p
propcgamer said: how much does a soft inquiry effect your "credit"?
Not at all. However, just my personal experience, I opened a checking account with citibank a year ago, and two weeks later a savings account, and I got a hard inquiry for each. They may have changed their policy to what the CSR claimed, but I wouldn't bet on it... |
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winter
- Cranky Member
posted: Jun. 28, 2005 @ 5:19p
It didn't look like the online web application was setup to deal with existing Citibank checking account customers so I called in to apply. Got transferred 3 times and then the doucheb*g who I ended up with swore up and down that this was a promotional account only available to new Citibank customers. I suggested that maybe I should close all my Citibank accounts and then apply and he said I still wouldnt be eligible (because I was a previous Citibank customers).
After I hung up with him I double-checked the web page ("To open a Citibank e-Savings Account you must have or open a checking account ") and armed with that info I called back (1-800-374-9500), ready to do battle. Got a much friendlier rep this time, she hooked me right up, linked it to my checking account and didnt say anything about me not being eligible. Apparently this is so new not all reps even understand the requirements. |
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dmitri
- Member
posted: Jun. 28, 2005 @ 5:27p
aegean94305 said:I just called and converted my super yield money market (SYMM) account to an e-savings account, with no problem. They did say that it was a brand new product and they put me on hold several times to ask somebody else. But, it was through at last.
One more thing people might want to know, the CSR explicitly told my that whenever you open an account with citibank, they will put a SOFT inquiry on your credit card report. Hard inquiries for credits, including checking plus, which is a credit line.
Were you actually able to convert it, or did you open a new separate account? A CSR told me (after talking to a supervisor) that they cannot convert the accounts  |
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aegean94305
- Addicted Member
posted: Jun. 28, 2005 @ 6:58p
well, maybe you are right. The CSR promised they could convert after obviously asking somebody else. But now I see both accounts online, so maybe they found out later that they actually couldn't do it. I'm not too worried about this part as long as there is no hard inquiry. |
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coolsummer
- New Member
posted: Jun. 28, 2005 @ 7:28p
Hard inquiry! Applied this morning and Hard inquiry appears this afternoon! citi really sucks |
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amdmaxx
- Addicted Member
posted: Jun. 28, 2005 @ 8:31p
Can this be battled?
coolsummer said:Hard inquiry! Applied this morning and Hard inquiry appears this afternoon! citi really sucks |
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somdave2005
- Senior Member
posted: Jun. 28, 2005 @ 10:47p
You guys remember that MMA that was opened instead when we applied for the e-savings account? I just called Citibank today and CSR said that MMA account that was opened back then is actually the e-savings account. I never knew this and therefore didn't fund it. I was also too lazy to have them delete the acccount too, thinking it was just another MMA account; I'm now glad I didn't.
Dave |
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winter
- Cranky Member
posted: Jun. 29, 2005 @ 6:14a
somdave2005 said:You guys remember that MMA that was opened instead when we applied for the e-savings account? I just called Citibank today and CSR said that MMA account that was opened back then is actually the e-savings account. I never knew this and therefore didn't fund it. I was also too lazy to have them delete the acccount too, thinking it was just another MMA account; I'm now glad I didn't. Indeed, it shows up as "Preferred Money Market XXXXXXX" in my online account summary. |
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amdmaxx
- Addicted Member
posted: Jun. 29, 2005 @ 8:25a
I got some a#$ dude on the line.. He said: we doing inquiry with credit report.. u ok? me: Hard or soft pull he: no such thing.. we do INQUIRY.. me: Hard or soft? he: no such thing me: go read up on it and get back to me he (really angry, I could feel it): its an inquiry me: just answer: soft or hard he: would u like to proceed with openning account? me: ok
he did sound angry the rest of the way... Gave me number to check on the status: 800-745-1534, option 1 to check..
As much as I love ING, that is how much I hate Citi (even though I cashed $150 on their checking account, now opnening 3.0 savings - opening it for convenience only, will be easy to manipulate, citi checking, savings and credit card).. Citi suxxx though.. |
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sas26
- Senior Member
posted: Jun. 29, 2005 @ 8:51a
Opened the account today (already had a checking and high yield money markey account - 0.91%). Was told it would take 3-5 business days to open and be funded. |
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leakwallet
- Senior Member
posted: Jun. 29, 2005 @ 9:21a
What's the difference between hard and soft inquiry? |
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mapen
- Senior Member - 1K
posted: Jun. 29, 2005 @ 9:23a
amdmaxx said:I got some a#$ dude on the line.. He said: we doing inquiry with credit report.. u ok? me: Hard or soft pull he: no such thing.. we do INQUIRY.. me: Hard or soft? he: no such thing me: go read up on it and get back to me he (really angry, I could feel it): its an inquiry me: just answer: soft or hard he: would u like to proceed with openning account? me: ok
he did sound angry the rest of the way... Gave me number to check on the status: 800-745-1534, option 1 to check..
As much as I love ING, that is how much I hate Citi (even though I cashed $150 on their checking account, now opnening 3.0 savings - opening it for convenience only, will be easy to manipulate, citi checking, savings and credit card).. Citi suxxx though..
maybe the minimum-wage-couldn't-get-a-better-job CSR didn't know what a soft/hard inquiry is and you were the one giving him a hard time instead of the other way around ......but then maybe it's citi's fault for not training him right |
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digitalkai
- Member
posted: Jun. 29, 2005 @ 10:26a
Applied for the account yesterday over the phone. I have already a EZ-checking. The rep did mention inquiry on credit history and asked if I want to continue. I said OK. And the account showed online in the next couple of hours and I was able to transfer from checking to e-savings right away. |
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digitalkai
- Member
posted: Jun. 29, 2005 @ 12:02p
Got a call from citijust now saying the welcome packet is sending out today, though it is already active online. Faster than I thought. |
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Luser
- Member
posted: Jun. 29, 2005 @ 1:28p
I have an existing citibank account (Checking, saving and credit cards). Call citibank today and they told me that I need to deposit $25,000 to start an e-savings account. What the heck is that! |
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