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Discussion in 'Credit Talk' started by miles, Sep 6, 2000.
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They're snatching up a ton of portfolios!! BofA, Associates, AT&T Universal (which they already owned, but are now transferring) and a few other smaller ones as well as some that I didn't catch when the rep rattled off the list...
I was just approved for the Associates MasterCard less than a week ago; I haven't even received my card yet.
What does this sell out mean for me?
Actually, this will probably bring down Citibank card holders. It's time for a new visa...
I wonder if they sold off their private label cards. Associates carries quite a few gasoline cards, and they bought out Hurley State Bank last year. Hurley has private label store cards out the wazoo.
They sold off everything to us. Including all of the private label cards. This probably won't do affect anything on your current Citibank or Associates bank cards for another couple of years ( thats how long it took us to even be able to access AT&T accounts). According to our AT&T customers they are receiving much better customer service than they used to. That is probably the same thing that will happen with the Associates bank cards. We currently own some of the bank of america accounts, all of the AT&T universal card accounts, and All of the Mellon bank accounts.
It probaly means you will have an additional card from Citi. This is how I have 4 accounts from Chase.
Profit from the experience.