Citi Dividend $100 Promo OR 5% for 6 Months

[dp321]

So Citi Dividend seems to have two kinds of promos as of right now, $100 after $500 spent for 5% cashback on Grocery, Gas and Department stores. Which one would you choose? To break even with the 5%, I have to spend $2000 in six months, which I think is very doable. What would you guys choose if you are in my shoes?

[UFGuy2006]

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@dp321 wrote:

So Citi Dividend seems to have two kinds of promos as of right now, $100 after $500 spent for 5% cashback on Grocery, Gas and Department stores. Which one would you choose? To break even with the 5%, I have to spend $2000 in six months, which I think is very doable. What would you guys choose if you are in my shoes?

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I would probably go for the $100 bonus as I think the 5% cash back will eat into your $300 cash back max for the year.

[dp321]

I am inclined to believe they both will. Can someone confirm on this?

[hedgeclipper2]

I was told by a Citi rep that the $100 bonus DOES count towards your $300 max for the year.

Which sucks because I have already redeemed $250 so far, and i only opened that card in April of this year, lol.  LOTS of home improvements to my condo.

[dp321]

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@jthedges wrote:

I was told by a Citi rep that the $100 bonus DOES count towards your $300 max for the year.

Which sucks because I have already redeemed $250 so far, and i only opened that card in April of this year, lol.  LOTS of home improvements to my condo.

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Wow, although I doubt I will be putting more then $500 a month on the card - gonna be a student after all. I might buy some gift cards to get some more cash back though. The beauty of the this is, Citi use calender year for the $300 limit. Since I am applying next month, that means I will have another $300 limit in five months.