[See UPDATE below] We reported yesterday that Citizen’s Bank changed their credit card lineup. They removed the interesting ones and replaced them with uninteresting ones, see Citizen’s Bank & Charter One Eliminate Their 5% Cash Back & 25¢ Transaction Cards And Replace With Two New Cards.
Reader Bob pointed out that the cards are still apparently available. Using Google search, I easily pulled up both the 5% card and the 25¢ card.
Direct Link Citizen’s
Direct Link Charter One
As far as I can tell the links still work. Most likely, they’re in the process of pulling the card but some links are still around. If that’s the case, then this would be the last chance to get these cards. Remember, the noose is tightening on 5% cards and there aren’t a lot of options available.
[UPDATE: Reader Ted pointed out that this information is incorrect, since when you click “apply now” it takes you to the new version of the card. In the terms it’s clear that this is the new version and won’t earn 5%. Interestingly, the GreenSense card does appear to still be available, since that link is working properly.
UPDATE #2: Readers pointed out that Charter One 5% card seems to still be available, while the Citizens seems to redirect you to a different card. So it appears that you still can get the Charter One 5% but not the Citizens one. Of course there’s a risk that something could go wrong with the Charter One card as well. Personally, I’m optimistic that it will work out.]
I’m holding off on this for now since I’m in middle of my TD 5%. I also haven’t had a chance to research how useful the card is in terms of credit limit and how easy they are to deal with in general. I’m actually optimistic that if they’re scratching the card they won’t make such trouble for those manufacturing high amounts of spend in those initial 90 days. Since the cards on its way out, they may not bother with restricting such accounts. But of course there’s always some risk involved.
If anyone’s an expert on the 5% Citizen’s card, let us know in the comments if it’s worthwhile from a manufacturing spend perspective.
