Citi Ready Credit - 70k Velocity points with $500 balance transfer

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FYI - called to close the ReadyCredit loan account today. Already removed from online banking although the operator also said there was about $20 in accrued unbilled interest that needed to be paid so I sent via BPAY and await the final closure confirmation letter.

Interesting to note that they tried quite hard (albeit politely) to convince me to keep the loan open, e.g.:

1. Even though you repaid the loan, there's no fee to keeping the loan account open if you want to redraw on it in future.

2. If you keep it open we might have further special offers for you.

3. He also noted that I had the Citi Premier card and offered to transfer the ReadyCredit limit to the credit card as extra credit limit. This might be interesting for some but was unnecessary for me since I already have over $50k limit and I never use it anyway.
 

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