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Simple targeted promo - $50 statement credit on $500 unstrutured spend made between 11/20 and 12/31/24 with the usual exceptions for cash or cash-like intruments such as money orders, gift cards, gambling chips, and so on. If you've been targeted for the offer you got an email.
Unknown if Visa Signature cardholders have also been targeted with a similar or equivalent promotional offer.
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Somewhere another thread about this.
First set of emails was early October, and another early November.
Looks like they are either sending out more or sending reminders.