@Anonymous wrote:
@Anonymous wrote:I do not know if we have discussed the Citi new rules. They have limited their bonuses per 24 months opened or closed to co-branded accounts. If you want to apply under the old rules, August 28, 2016 is the last chance
I wish Chase did this instead of their 5/24 rule.
They do. Chase limits their bonuses to once every 2 years as well. The 5/24 is in addition.
@-Cal- wrote:I wish the Premiere had a bonus right now, I regret not getting in when it was available.
Meh i am still going to make around 30,000 points per year with it lol.
@Anonymous wrote:It was just a matter of time Citi changed the rule and it seems the time has come. They have been milked to death
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Citi changed their rules awhile back and made the bonuses only availble once every 24 months per card and that was 24 months from the last time you opened or closed the card, so its not like it was open season on citi after that. It hasn't been so for awhile in terms of their personal cards. Honestly this latest change impacts few people. Only the really hardcore churners were apping for multiple versions of the Citi AA personal cards. .
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@-Cal- wrote:I wish the Premiere had a bonus right now, I regret not getting in when it was available.
The thing about the credit card game is if you see a great deal you gotta move on it if you want it and it won't harm you in doing so, because nothing in this game lasts forever.
@Anonymous wrote:
@Anonymous wrote:
@Anonymous wrote:I do not know if we have discussed the Citi new rules. They have limited their bonuses per 24 months opened or closed to co-branded accounts. If you want to apply under the old rules, August 28, 2016 is the last chance
I wish Chase did this instead of their 5/24 rule.
They do. Chase limits their bonuses to once every 2 years as well. The 5/24 is in addition.
The difference is that Chase doesn't reset the clock if you close a card or product change it. Citi does.
@Closingracer99 wrote:
@-Cal- wrote:I wish the Premiere had a bonus right now, I regret not getting in when it was available.
Meh i am still going to make around 30,000 points per year with it lol.
With these changes now I'm not so sure I should pay the AF on my prestige card. I was willing to do so to take advantage of the benefits, but now what citi is telling me if I spend the money to keep their card for another year it will be at least three years before I can get the TY point signup bonus again. Maybe I should close all my citi TY points cards and just let the clock reset? The prestige card still has value to me, but after the next year its no longer worth keeping in my wallet because I like the AA lounge access, so I will be closing it a year from now which would reset the clock for all TY cards. It seems the new citi policy is having the exact opposite effect with me. I am someone who was going to pay to keep their card, but with this move it is encouraging me to cancel now and not pay.
My wife recently was approved for the Citi Costco Visa and also has the Citi Sears MC. If she was going to go for one of these bonus cards prior to the 28th what would be a recc. Spend 10-20 nights per year in hotels and fly 3-4 X per year usually one trip overseas. Citi does not like me so I won't even bother.
@morgacj2004 wrote:My wife recently was approved for the Citi Costco Visa and also has the Citi Sears MC. If she was going to go for one of these bonus cards prior to the 28th what would be a recc. Spend 10-20 nights per year in hotels and fly 3-4 X per year usually one trip overseas. Citi does not like me so I won't even bother.
Depends. Look at the bonus categories and look at her spend and see if one card jumps out. If she is staying four nights in a row when she does hotel stays then the prestige benefit may be useful. Prestige can also be good for lounge access. If she stays at Hilton then maybe the reserve card for the two free nights and gold status for her other stays if she isn't making status otherwise. If she flies AA and checks baggage than maybe one of the AA cards will be worthwhile. Otherwise look at the current signup offers and see what is good right now.Given the new rules I'd wait until there are higher than average signup offers in a specific family of cards
I was thinking about this today these changes actually could have really jammed me up recently. I had a Citi AA card which is a year old. Since I have the biz version as well I was going to close the personal card if there was no retention offer and then I was going to apply for the citi exec next year. I called in and there was no offer on the account, so I hung up and thought about it. Then I called back to cancel and they offered me a statement credit after $95 spend. I decided to keep the card. A few days later these changes were announced. If I had closed that AA card then I would be shut out of all AA cards for at least the next two years, so I am really lucky I decided to stay with the card even though I don't have a real need for it.