Chase Freedom Card vs the Citi Dividend card

[risknothing]

I currently have the Citi card and keep hearing that they will be cutting the rate but i would believe that they would tell me this first. wouldnt they? Next, i just found out about this Chase card, I def am not going to change because I will be a hit to my credit, however, i would trade drug stores for fast food joints anyday (even if i do become overweight). Anyone have an opinion?

[sweeps]

You should have received a notice in the mail from Citibank about their dropping to 2%. You may have tossed it as it looked like an advertisement.

The 3% cash back at fast food restaurants via Chase Freedom is good if you eat at those establishments regularly. Otherwise the card is pretty mediocre.

[risknothing]

The card is pretty much the same as the Citi card correct? Isn't the citi card going to be basicly 3% at gas, grocery and drug stores? I did not get anything from citi, I alway open everything and read it. Should i call up and find out?

I have read that they are also adding utility payments to 2% cash back.

I just received this msg through citi card msg:

"Beginning August 16, 2006 approximately 4 million Dividend customers will receive a notification that the cash back rewards program is changing from 5% EDS to 2% cash back. Approximately 1 million customers will remain at the 5% on EDS."

[WellManicuredMan]

Originally Posted by risknothing

"Beginning August 16, 2006 approximately 4 million Dividend customers will receive a notification that the cash back rewards program is changing from 5% EDS to 2% cash back. Approximately 1 million customers will remain at the 5% on EDS."

Maybe I'm one of the lucky ones since I haven't received a letter about the change yet and October is fast approaching. I wonder how long the 5% rate will last for those 1 million customers.

[geojen]

I haven't recieved a notice either. I wonder why some people will stay at 5 and others will go down?