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How and how soon is this given once you reach the required spending? Is it given immediately after the statment is closed? Will they send you a check or can it be a credit for the next month's bill?
Also, how good is Citi about credit limit increases?
Any cashback earned during the spend period is credited once the statement cuts. Once you reach 50 dollars in Cashback you can redeem your cashback. Once you redeem it they send you a check which you should get in about a week to a week and a half. Citi hasn't been terrible with the CLIs but they're still my lowest limit card.