Recap: Citi Growth Plans, Southwest Eyes Hawaii Island Hopping & More

 

  • Citigroup’s Credit-Card Growth Plans Hit a Snag by WSJ. This move to interest free periods away from rewards was already known, but it’s crazy that they have sent out 1.9 billion mailers over the last three years through September. Citi are also trying to push their 22 month interest free period on the Citi Simplicity but one of the key factors is that balance transfer fees aren’t waived like other competitors.
  • Danny Deal Guru shared this worrying letter from Citi. As I posted on Twitter that response isn’t good enough and I think it’s worrying that Citi employees have access to unrestricted payment data in the first place.

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