topic Re: Citi New Rules - One bonus per 24 months in Credit Cards

Citi New Rules - One bonus per 24 months

Anonymous — Sat, 13 Aug 2016 00:49:28 GMT

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

Re: Citi New Rules - One bonus per 24 months

Anonymous — Sat, 13 Aug 2016 00:25:59 GMT

It was just a matter of time Citi changed the rule and it seems the time has come. They have been milked to death.

Re: Citi New Rules - One bonus per 24 months

wachme — Sat, 13 Aug 2016 00:27:27 GMT

Get your apps in now before August 28th when the rule goes into effect. I've got all the Citi cards I need for now.

Re: Citi New Rules - One bonus per 24 months

Anonymous — Sat, 13 Aug 2016 00:36:50 GMT

@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.

Yes, I am wonder if they will change the rules later like Amex ,,, one bonus in your life time. Citi is giving now hard time to bonus churning.

Re: Citi New Rules - One bonus per 24 months

Anonymous — Sat, 13 Aug 2016 00:43:39 GMT

@Anonymous wrote:
@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.
Yes, I am wonder if they will change the rules later like Amex ,,, one bonus in your life time. Citi is giving now hard time to bonus churning.

I think they are going to as they have caught on.

Re: Citi New Rules - One bonus per 24 months

ddemari — Sat, 13 Aug 2016 00:44:58 GMT

i am not a citi person, but they finally did let me in on their retail side. Both the old and new terms say the same thing in regards to the 24 month rule? i could be reading it wrong, long day lol. looks like they lowered their sign up bonus and increased the spend, but i feel like something isnt clicking for me?

edit; i get it, they are expanding their cards under that rule. took me a minute lol

Re: Citi New Rules - One bonus per 24 months

Anonymous — Sat, 13 Aug 2016 00:50:35 GMT

@ddemari wrote:
i am not a citi person, but they finally did let me in on their retail side. Both the old and new terms say the same thing in regards to the 24 month rule? i could be reading it wrong, long day lol. looks like they lowered their sign up bonus and increased the spend, but i feel like something isnt clicking for me?

edit; i get it, they are expanding their cards under that rule. took me a minute lol

The file is too big to download, but if you google it , you will read more info about this.

Re: Citi New Rules - One bonus per 24 months

ddemari — Sat, 13 Aug 2016 00:54:40 GMT

@Anonymous wrote:
@ddemari wrote:
i am not a citi person, but they finally did let me in on their retail side. Both the old and new terms say the same thing in regards to the 24 month rule? i could be reading it wrong, long day lol. looks like they lowered their sign up bonus and increased the spend, but i feel like something isnt clicking for me?

edit; i get it, they are expanding their cards under that rule. took me a minute lol
The file is too big to download, but if you google it , you will read more info about this.

check check thanks Mia!

Re: Citi New Rules - One bonus per 24 months

-Cal- — Sat, 13 Aug 2016 00:55:07 GMT

I wish the Premiere had a bonus right now, I regret not getting in when it was available.

Re: Citi New Rules - One bonus per 24 months

Anonymous — Sat, 13 Aug 2016 01:51:33 GMT

@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.

Re: Citi New Rules - One bonus per 24 months

Anonymous — Sat, 13 Aug 2016 01:55:42 GMT

@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.

Re: Citi New Rules - One bonus per 24 months

Closingracer99 — Sat, 13 Aug 2016 02:44:30 GMT

@-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.

Re: Citi New Rules - One bonus per 24 months

red259 — Sat, 13 Aug 2016 03:17:12 GMT

@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.

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. .

Re: Citi New Rules - One bonus per 24 months

red259 — Sat, 13 Aug 2016 03:18:31 GMT

@-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.

Re: Citi New Rules - One bonus per 24 months

red259 — Sat, 13 Aug 2016 03:19:23 GMT

@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.

Re: Citi New Rules - One bonus per 24 months

red259 — Sat, 13 Aug 2016 03:42:53 GMT

@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.

Re: Citi New Rules - One bonus per 24 months

morgacj2004 — Sat, 13 Aug 2016 05:07:39 GMT

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.

Re: Citi New Rules - One bonus per 24 months

red259 — Sat, 13 Aug 2016 08:10:27 GMT

@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

Re: Citi New Rules - One bonus per 24 months

Anonymous — Sat, 13 Aug 2016 12:19:54 GMT

Thanks Mia for the information!

Re: Citi New Rules - One bonus per 24 months

red259 — Sat, 13 Aug 2016 20:15:15 GMT

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.