i have a citicard with a really high credit limit i also have a 3% upfront fee and 0apr balance transfer on the card. I have until july to use it. and i would like to wait longer, in the hopes that interest rates might go up in the next 18 months and that i can use that balance transfer to string out a whole bunch of debts until 2010.
however i am wondering does anybody know what would happon if the fdic grabs citi bank, will all my credit cards automatically close? or will the balance transfer offer dry up over night?