Thinking about my first CC with an annual fee - Citi Premier Card - but have a question...

[StevieK]

So I'm thinking about applying for my first CC that has an annual fee - the Citi Premier Card.  All other cards I have up until this point have no annual fees, so I can just let them sit and do nothing with them and they don't cost me anything.  This decision would change the nature of the game for me.

The reasons I am thinking about this card are:

• Spend $4,000 in the first three months and get 80,000 bonus ThankYou Points
• 3% cash back in gas stations, restaurants, supermarkets, and air travel/hotels

One question I have that I have not been able to find answers to is, can I redeem those 80,000 TYP for cash, or just gift cards?  Some places say just gift cards, others say I can get cash back.  I can't seem to find a reliable answer anywhere.  Perhaps someone with the card can check?

Anway, if you go to the ThankYou.com website's redemption options and scroll down to "Cash" it shows possible options as Statement Credit, Direct Deposit, and Check by Mail.  So it would seem that getting that first 80,000 as $800 (and all subsequent rewards) is possible, yes?

[simplynoir]

Correct, Citi recently offered customers the option of cash redemptions for your TYP points. Here is the thankyou.com page you are talking about. Screenshot'd this from my wife's account who recently got the SUB (again) and we are just sitting on the points for now

[Itgem679]

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@simplynoir wrote:

Correct, Citi recently offered customers the option of cash redemptions for your TYP points. Here is the thankyou.com page you are talking about. Screenshot'd this from my wife's account who recently got the SUB (again) and we are just sitting on the points for now

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Thats some great marketing - I want that card, with those points, so I can smile like the guy in the pic. 

[Remedios]

I want it too but I have no clue when I'll be eligible so I have to wait, and wait, and wait. And wait.

Then wait some more. 

[Itgem679]

@Remedios your Ghandi qquote is the absolute best. 

[Remedios]

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@Itgem679 wrote:

@Remediosyour Ghandi qquote is the absolute best. 

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I agree 

[simplynoir]

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@Remedios wrote:

I want it too but I have no clue when I'll be eligible so I have to wait, and wait, and wait. And wait.

Then wait some more. 

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@Remedios, that's what I did with @Anonymous's new app she was actually eligible months ago but I waited to be safe. Now when she logs in she has two Premier cards ackwardly staring and pointing at each other like a Spiderman meme. One of them will go the way of the Infinity gauntlet and disappear soon so we can do this whole waiting game again

I can't apply til next year when I got the original SUB and I want one already. Stupid product changes..... 😐

[Remedios]

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@simplynoir wrote:

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@Remedios wrote:

I want it too but I have no clue when I'll be eligible so I have to wait, and wait, and wait. And wait.

Then wait some more. 

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@Remedios, that's what I did with @Anonymous's new app she was actually eligible months ago but I waited to be safe. Now when she logs in she has two Premier cards ackwardly staring and pointing at each other like a Spiderman meme. One of them will go the way of the Infinity gauntlet and disappear soon so we can do this whole waiting game again

I can't apply til next year when I got the original SUB and I want one already. Stupid product changes..... 😐

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I was approved in November 2019.

Did a PC in November 2020 before AF posted. When I look in the app, there is two years worth of statements without requesting statements older than two years.

December 2020 statement has a new card number, so I'm using December 2020 as a starting point for 24 month wait. 

Just to be on a safe side, I've picked February if SUB remains the same. 

Am I looking at this wrong? 

[FinStar]

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@Remedios wrote:

I want it too but I have no clue when I'll be eligible so I have to wait, and wait, and wait. And wait.

Then wait some more. 

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I'm in the same 🕳

I'll have to recalculate the timeframe cuz one of the PC'd CCs from a year ago seemingly may have reset the SUB clock. And, recently Expedia+ CC was discontinued and converted to Rewards+ 😑

[FinStar]

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@Remedios wrote:

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@simplynoir wrote:

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@Remedios wrote:

I want it too but I have no clue when I'll be eligible so I have to wait, and wait, and wait. And wait.

Then wait some more. 

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@Remedios, that's what I did with @Anonymous's new app she was actually eligible months ago but I waited to be safe. Now when she logs in she has two Premier cards ackwardly staring and pointing at each other like a Spiderman meme. One of them will go the way of the Infinity gauntlet and disappear soon so we can do this whole waiting game again

I can't apply til next year when I got the original SUB and I want one already. Stupid product changes..... 😐

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I was approved in November 2019.

Did a PC in November 2020 before AF posted. When I look in the app, there is two years worth of statements without requesting statements older than two years.

December 2020 statement has a new card number, so I'm using December 2020 as a starting point for 24 month wait. 

Just to be on a safe side, I've picked February if SUB remains the same. 

Am I looking at this wrong? 

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And no other Citi PCs or any other recent TY-type of accounts opened, right? If so, December [month-end] should be good, but if you want to hold off to early 2023 you should be 👍