Citibank Sends You Letters To Let You Know Your Paperless Statement Is Ready
Corey writes:
I have a lovely Citi Mastercard with lots of rewards. I hate having to deal with paper statements, so I signed up for paperless statements (like I've done with all my accounts), available for viewing online at their website.Pretty much defeats the purpose of going paperless, doesn't it?Now, Citi sends me a piece of mail every month to let me know that I have an electronic statement available to view.
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Comments:
Ditto on what SNAZZ said -- beyond that imagine if someone took over Corey's account online, selected paperless statements, and then started charging on his account.
Then Corey would be writing The Consumerist to let us know how Citibank didn't let him know that his account had gone paperless and he had no idea all these charges were being made to his account. ;)
I got the same thing for about 4 months after I did this. It has stopped though. I guess its probably something to cover their own butts in case someone somehow hacked an account and signed up for it (probably for ID theft or something). Still, they do not tell you that they are going to do this.
I also got the same thing for my Federal Student loan once I signed up for auto debit and paperless statements
WAMU sends me a letter every month to let me know that I didn't read their email that informs me of my electronic statement. I expect they use a tracking image in their emails and are checking to see whether the email was ever opened. Assuming I actually ever open one of the messages and don't just mark it read (the subject line is "Your Statement Is Ready"), Gmail automatically blocks their tracking images anyway.
Not only do I get a paper letter from Citi to let me know that my paperless statement is available online, but that letter includes my complete account number each time. (Not XXXX-XXXX-XXXX-1234)
I've called a couple of times to politely complain and ask to stop receiving this letter--my main reason for paperless statements is security and clutter reduction--so this letter defeats the purpose. I got the letter to stop for a while, but it recently started again and I haven't bothered to call back.
@krcasey:
Pretty much the same story here. I got them to stop for awhile after expressing my concerns about the entire card number being printed on the reminder. They had to transfer me to the "security department" to get even this much done.
@forgottenpassword: I've been getting both. To be clear, I don't receive a paper statement. I receive a paper letter--that includes a complete, visible account number--to let me know that my paperless statement is available online. I also get an email notification.
@randotheking: @randotheking: No, it is not a courtesy.
I still continue to get those mailed statements saying this is part of your paperless billing program, and yes it has my information on it, which is why I chose paperless billing in the first place.
Also, for the guys saying that this is nice because people forget to login online after they've chosen paperless billing. You can't hold everybody's hand all the time - if they choose to enroll in the paperless program it gives you warnings so they should be responsible enough to remember to pay your bills.
@Vicky: I'd write 'em a letter asking them why exactly they are breaching YOUR security by sniffing whether or not you read their self-important email.
@Eric1985: I used to get those balance transfer offers several times a week from Citibank and it was such a waste of paper. I called and asked them to stop and they did, though it took a couple months.









they did this with me too, but only for a few months after i signed up for the paperless statements. after a few reminders, they stop. i think its just a safeguard to remind you that you have selected online statements and dont miss a payment.