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Citi’s lousy referral offer

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JaeJae12
Frequent Contributor

Citi’s lousy referral offer

Got an email from Citi about getting $100 for each approved referral to the Double Cash card . But they list the stipulation as:

1. Sending out the referral to people (20max)

2. Spending $500 on my card ( $500 spend must be met before the referral bonuses start.

3. Each approved referral you get $100 ( max is $500)

At the end it’s $0 lol


BCE- 50 k-BOA 123 100k -Freedom unlimited-95k- Citi DC- 200k-CSR 175k
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Message 1 of 11
10 REPLIES 10
Brian_Earl_Spilner
Credit Mentor

Re: Citi’s lousy referral offer

You weren't planning to use your card ever? You'll be reimbursed for $500 in charges. Pay some bills and not have to pay it back. Or buy something you want and let Citi pay for it.

    
Message 2 of 11
Anonymous
Not applicable

Re: Citi’s lousy referral offer

Citi sent me the double cash offer and the Premier (10k TYP) same hoops as DC.

Message 3 of 11
JaeJae12
Frequent Contributor

Re: Citi’s lousy referral offer

You only get it if the people who apply gets approved . And it states that it doesn’t start until you spend $500 first, lol what if the referral apply and got approve but you didn’t spend $500 yet so you lose out on the $100 lol


BCE- 50 k-BOA 123 100k -Freedom unlimited-95k- Citi DC- 200k-CSR 175k
Garden mode



Message 4 of 11
Felony_Phil
Established Contributor

Re: Citi’s lousy referral offer

It's no different than applying for a card that gives you $150 cashback on $500 spend. If you don't spend $500 then you don't get the bonus. It's not rocket science.

Message 5 of 11
AverageJoesCredit
Legendary Contributor

Re: Citi’s lousy referral offer

Got this email too. Thanks op for posting . Now i dont have to be ripped a new one for posting it hahaSmiley Wink
Message 6 of 11
Anonymous
Not applicable

Re: Citi’s lousy referral offer

Would anyone be willing to share their referral link with me? I'm looking to apply for the Citi Double Cash soon and figured it would make sense to use a referral.

Thank you.
Message 7 of 11
NRB525
Super Contributor

Re: Citi’s lousy referral offer


@JaeJae12 wrote:

You only get it if the people who apply gets approved . And it states that it doesn’t start until you spend $500 first, lol what if the referral apply and got approve but you didn’t spend $500 yet so you lose out on the $100 lol


Perhaps a bit of clarity?

You spend $500 on your DoubleCash, on items you were planning to spend that money on anyhow, such as groceries, gas, restaurant, whatever you buy for yourself.

 

After that, you are free to send out referal emails to friends so they have a link to apply.

If the friend applies and is approved for a DoubleCash card, you get $100.

 

There is no follow-on spend requirement for you, you don't have to spend another $500 once your friend is approved.

 

The first $500 of spend is all you are required to make, before sending out the referral links. There is no other spend requirement. So any referrals who are approved, you get $100 back. For a no Annual Fee card, this is a pretty good return to you.

High Bal Jan 2009 $116k on $146k limits 80% Util.
Oct 2014 $46k on $127k 36% util EQ 722 TU 727 EX 727
April 2018 $18k on $344k 5% util EQ 806 TU 810 EX 812
Jan 2019 $7.6k on $360k EQ 832 TU 839 EX 831
March 2021 $33k on $312k EQ 796 TU 798 EX 801
May 2021 Paid all Installments and Mortgages, one new Mortgage EQ 761 TY 774 EX 777
April 2022 EQ=811 TU=807 EX=805 - TU VS 3.0 765
Message 8 of 11
K-in-Boston
Credit Mentor

Re: Citi’s lousy referral offer


@Anonymous wrote:
Would anyone be willing to share their referral link with me? I'm looking to apply for the Citi Double Cash soon and figured it would make sense to use a referral.

Thank you.

Referral links are not allowed on myFICO.

 

Just to clear some confusion, my personal Citi Premier referral requires enrollment for the next 12 months (I believe they all do), and states that I must spend $500 or more on the card within the next 12 months in order to receive the referral bonus.

Message 9 of 11
NRB525
Super Contributor

Re: Citi’s lousy referral offer

Obviously each referral needs to stay active for 12 months. Is the $500 spend by you per referral or just for all referrals together?
High Bal Jan 2009 $116k on $146k limits 80% Util.
Oct 2014 $46k on $127k 36% util EQ 722 TU 727 EX 727
April 2018 $18k on $344k 5% util EQ 806 TU 810 EX 812
Jan 2019 $7.6k on $360k EQ 832 TU 839 EX 831
March 2021 $33k on $312k EQ 796 TU 798 EX 801
May 2021 Paid all Installments and Mortgages, one new Mortgage EQ 761 TY 774 EX 777
April 2022 EQ=811 TU=807 EX=805 - TU VS 3.0 765
Message 10 of 11
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