The original Platinum Dividend card is also my oldest, most long-standing CC card and I didn't like the sound of the letter. I don't want this account and the good credit history to vanish.

Also, the biggest "perk" looked to be the auto rental insurance, but I checked up on the current card (http://www.citicards.com/cards/wv/cardDetail.do?screenID=923), and it says: "Automatic coverage when you reserve and rent a vehicle with your Citi MasterCard and decline the car rental company's collision, loss/damage waiver insurance."

Looks like it's a no brainer. I called and declined, thankfully they just did it and didn't argue about "why."

I called CS. They said the account history from the old card would carry over to the new account. Just FYI for those who are not wanting to switch for fear of decreasing their average account age for purposes of FICO scoring.

I have converted cards among different Citi products many times, particularly the Dividend card which is the end result of many conversion since 1992. It keeps the history from 1992, even Citi did an erroroneous conversion in March 2006, (the CSR did the opposite of what I wanted but immediately realized, and the mistake was reversed in a week's time), the external reporting is not affected, despite on Citi site now it said the history was from Mar 2006, on my credit report, it remains as from 1992.

The "additional Cash Back" is if you go through their portal, just like using FatWallet and that is unlimited with the old card too. The limit for the new and old card is still $300/calender year.

sandmanwake said:I called CS. They said the account history from the old card would carry over to the new account. Just FYI for those who are not wanting to switch for fear of decreasing their average account age for purposes of FICO scoring.


My concern is what the "no spending limit" will do to my fico score.

not sure why everybody is worried about the TY point rate... it says pretty clearly that you earn at the same rate? am i missing something?

My concern is what the "no spending limit" will do to my fico score.

Someone correct me if I'm wrong:

You still have a credit limit.

With a normal credit card, you pay a fee if you exceed your credit limit at any point of the billing cycle.

With the World Card, you aren't automatically charged a fee. You don't pay a fee as long as you pay enough of your balance that month to get back within your credit limit. For example, if your credit limit is $10,000 --- and you charge $11,000 on your card --- you won't be charged a fee as long as you pay $1,000 that month.

I tried to use the upgrade notice as leverage to switch my Dividend to a Home Rebate card with 6% on cable/utilities for 12 months, but they would only convert without the promo (a measly 1%). Guess my usage doesn't make me a good retention candidate. It was worth a shot.

Krillin said:vrovner said:Is anyone actually going through w/ the conversion?

Yes, so that when I fill out financial surveys I can check off ownership of both a signature and a world. I'm gambling that I'll keep my account age and that I'll be able to dispute my credit limit onto my credit reports like I'm doing with my signature card.

I'm probably going to let it convert as well. The trip cancellation/interruption coverage is a nice feature. If my credit score drops significantly after switching to a no limit card, couldn't I request CLIs on my other cards to make overall utilization appear lower?

Another website has info on this topic

http://www.thesunsfinancialdiary.com/personal-finance/citi-upgrades-my-dividend-platinum-card-to-dividend-world-mastercard/


Post #4 there has a good point on the yearly reward maximum -- is is still $300 for this now World card? I am surprised they don't raise it for World level. Don't we all max out on it pretty soon in the year or maybe not as soon as when we had 5%?