Citi Bank Credit Protector

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Category: Business & Finances

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United States

Citi Bank Credit Protector Reviews

Shalime January 5, 2010
Stay away
I just cancelled the service today. After 3 years of being charged $69 a month on my citi card for, I decided to change my charge cards based on the new interest rate of 28.9% after never missing a payment. I missed one date and went from 10% to 28.9% therefore I called and cancelled the card and then was transferred to Credit Protector to cancel my enrollment with them and got the total run around. I was told that they could not find my record and they needed to fill out some paperwork and then submit to their supervisor and then the supervisor to the supervisor would review and process but unless I called back in 7 to 10 days it would not cancel. I flat out told them this was bull%^&$ and I would not call back to them in 7-10 days. What a scam!!! I called back to CITI and spoke with another cs rep who listened to what I said and what I was told by Credit Protector and then miracles happened as the next person I spoke with found my account immediately and cancelled the service. These guys should be reported to the BBB and every other state and federal agency for deceptive business practices. I know I will do my part in reporting them I hope you do too!!!

DO NOT BUY THIS SERVICE!!!
Malena January 4, 2010
What a great business practice!
After insistent phone calls frorm CitiBank to get their Credit Protector insurance, I decided to get it. After all, you never know if you may loose your job. It happened I was laid off and guess what? I did not qualify for the protection. Of course it was all my fault for not reading the booklet with all the terms and conditions. In the meantime, I continued unemployed for three more months. The bank fixed all the inconvenience by charging me with higher interest rates and awful fees for me not being able to make the minimum payments. What a great business practice!! Squish you client, who has been giving you money for years when they most need help!

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