Who else still holds the Citibank Free For Life Premier Card?

[JohnGlav]

If you think "… for life" is dangerous, then what would you call the word emphasised in capitals "EVER"?

Here's an even earlier iteration of what became the Signature/Platinum FFFL cards from circa 2006. Look at the wording on this bad boy!
View attachment 474336

"... no annual fee EVER" (stated three times).
Can't be an unintentional drafting mistake can it?

"... for the life that your account remains open".

Why hasn't NAB unilaterally closed these accounts?
NAB has had several years to do that since taking over "Citibank’s consumer business operations in June 2022".
NAB has surely formed the view that there has to some risk to it where it unilaterally closes these accounts.

 

[Legoman]

Fact? You don't even know how these email are generated and you call fact. More like fact twisting.

Yes, it's a fact. If you want to prove me wrong then all you have to do is show us all the personalised email you received. Nobody else received a personalised email to them specifically. Therefore what I said is a fact. A presumed fact perhaps, but I'm willing to be proved wrong on that if you show me the personalised version you got in contrast to what I'm betting everyone else received. Over to you to prove me wrong.

I don't need to know how the emails are produced or generated. As stated before that is entirely irrelevant. I stated as fact that the end result of that email production was not personalised. Fact.

 

[Legoman]

Why hasn't NAB unilaterally closed these accounts?

Because that would be cutting off their nose to spite their face. Why pay however many billion $$$ for something and then throw it away? If they closed the accounts, that would force those account holders to reapply and I'd bet 85% (percentile at least) of them would not reapply to NAB for a new card going through all the credit check nonsense again. They would just walk away and be lost customers forever. It is much easier and cheaper to keep an existing customer than it is to attract a new one. That is marketing 101. Even a corporate as moronic as NAB is would recognise this.

 

[oz_mark]

Because that would be cutting off their nose to spite their face. Why pay however many billion $$$ for something and then throw it away? If they closed the accounts, that would force those account holders to reapply and I'd bet 85% (percentile at least) of them would not reapply to NAB for a new card going through all the credit check nonsense again. They would just walk away and be lost customers forever. It is much easier and cheaper to keep an existing customer than it is to attract a new one. That is marketing 101. Even a corporate as moronic as NAB is would recognise this.

Really? They shut Diners down.....

 

[Legoman]

Really? They shut Diners down.....

The Diners was not an account. It was only a card, that operated as a Diners but also Discover (US), RuPay (India), JCB (Japan), BC Card (Korea) & UnionPay (China)

 

[Legoman]

Here's a much better version of the 2006 Gold Card offer from Citibank courtesy of the Wayback Machine in a format you can copy the text from
Gold Card 2006 + Signature/Platinum FFFL Citibank offers

 

[oz_mark]

The Diners was not an account. It was only a card.

Are you sure about that?

 

[kpc]

Really? They shut Diners down.....

Im still sore about that! I had a grandfathered DC fee free for life including as many supp cards I wanted. Every card holder had access to Diners lounges which mostly alligned to PP lounges. It was for unlimited visits!

 

[Legoman]

Are you sure about that?

Yes. Extremely sure. It was a secondary/accompany card to the core account that was your Platinum/Signature/Prestige card. It was never a standalone independent credit account.