S.P.A.M. - $100 Credit Protector Gas Rebate (easy way to cash out full amount)

A month or so ago I posted an offer I got from Citi to sign up for their Credit Protector in exchange for a $100 gas rebate (you can cancel with no fees). A few people replied saying that this wasn't new, and it wasn't as good as it sounded because you only got $25 every three months.

I received my rebate form, and instead of 4 quarterly $25 gas certificates I got a single $100 rebate coupon, but it wasn't loophole free. The gas had to be purchased within a 30 day window,and you had to save the receipts from each purchase.

This sounds like a major inconvenience, but I found an easy fix that may or may work for some people. I live in an overly expensive touristy area where gas is about 15% over the average. Most locals purchase gas from cheaper stations and avoid the local pumps. So, I went to the station, told the owner what I was doing, and told him I wanted to prepay $100 in gas. He printed me a receipt, I sent it to Citi, and got my $100 rebate just like that.

Maybe this would be hard at a large chain gas station, but if you know a small independent station it is a free $100 (well $85 if I consider the expensive gas in my area).

Pick up recepts that others don't tear off at the Pay at the Pump stations... That makes you an easy $100 and you don't have to spend it first.

there is a place near me that hand writes them. I am sure they would write one for 100 if you asked.

Pick up recepts that others don't tear off at the Pay at the Pump stations... That makes you an easy $100 and you don't have to spend it first.



I thought about that but I wonder if they would reimburse purchases that weren't made on the card...

Turned in receipts charged with a different card, within 30days, and got 100 bucks in the mail no questions asked. Took 15+ min to cancel Credit Protector though...they transfer you multiple times to try to keep you.

OP can you provide the link (If it is still good)

OP can you provide the link (If it is still good)

https://www.citibank.com/us/cards/svc/cbna/content/jump-page/101506/cp-gas1.htm?OFR=EC_P_CPRO_11062_4N*SMLL&ID=F817D1C0A0226DC4E0340003BA830155&SESN=123019212006&OFFER_ID=EC_P_CPRO_11062_4N*SMLL&LOCID=J4YR&ENROLLMENT_IND=&speedbump=NW&CAMPAIGN_CODE=&PROMOTION_ID=&OFFER_CODE=&target=_blank&GRPID=CBNA&SITEID=CB&PAGEID=10000&PID=255

A month or so ago I posted an offer I got from Citi to sign up for their Credit Protector in exchange for a $100 gas rebate (you can cancel with no fees). ....
I received my rebate form...a single $100 rebate coupon, but it wasn't loophole free. The gas had to be purchased within a 30 day window,and you had to save the receipts from each purchase.
I did see this offer a while ago but haven't taken advantage of. If you don't mind answering some questions, wtsuppr415:

1. How long did it take to receive your rebate form, assuming it's coming with the enrollment package?
2. How long did it take for you to receive your $100 rebate (meaning from the day you mailed in your receipts)?
3. Did you call in and cancel your trial before or after you got your $100 rebate? (or would it affect the gas rebate redemption if you cancel the trial before the rebate was fulfilled?)

TIA.

Good lord - take a look at the terms of this program - $.85/month/$100 card balance. That's an effective rate of 10% annually for what is little more than an incredibly limited life insurance policy. No wonder banks are getting so rich off of user fees.....this program only makes fiscal/acturarial sense for cardmembers over the age of 92 or so.

Of course, we're not here looking for the insurance; we're looking for the free gas with a program cancel before 30 days. I'm in just to stick it to Citi.

Good lord - take a look at the terms of this program - $.85/month/$100 card balance. That's an effective rate of 10% annually for what is little more than an incredibly limited life insurance policy. ...
Wouldn't it be 0.85%, instead of 10%?:confused:

I did see this offer a while ago but haven't taken advantage of. If you don't mind answering some questions, wtsuppr415:

1. How long did it take to receive your rebate form, assuming it's coming with the enrollment package?
2. How long did it take for you to receive your $100 rebate (meaning from the day you mailed in your receipts)?
3. Did you call in and cancel your trial before or after you got your $100 rebate? (or would it affect the gas rebate redemption if you cancel the trial before the rebate was fulfilled?)

TIA.


1. About 2 weeks.
2. Not exactly sure...it was waiting for me when I got back from a long trip. I would guess at least a month or two but can't say for sure.
3. To be honest, I haven't canceled yet. I don't carry a balance so I just figure I'll cancel it next time I have a reason to call in. I suppose if you don't carry a balance it may actually be a good deal. Since I pay the card in full every month it is like free insurance. If I have a balance it means something bad has happened, so there really isn't much of a downside.

Regardless, I'll cancel soon, but I'm in no rush. I may also wait until I get my next $100 from my other Citi card.

..To be honest, I haven't canceled yet. I don't carry a balance... Since I pay the card in full every month....
It sounds you are actively using the card.

You better double check your statement and see if you had been charged for the program. If you haven't cancelled it, you should have been. According to the terms, your account will be charged .85/per $100 balance appeared on your statement closing date. Even you pay your balance in full every month(meaning you pay it full by the due day), that only sets you free from any interest charge. As long as you actively use your Citi card, you DO have a balance on the statement closing date (no matter you pay it full or not), thus are bound to be charged by the program.

It sounds you are actively using the card.

You better double check your statement and see if you had been charged for the program. If you haven't cancelled it, you should have been. According to the terms, your account will be charged .85/per $100 balance appeared on your statement closing date. Even you pay your balance in full every month(meaning you pay it full by the due day), that only sets you free from any interest charge. As long as you actively use your Citi card, you DO have a balance on the statement closing date (no matter you pay it full or not), thus are bound to be charged by the program.

Thanks for the heads up. I will double check the fine print. Fortunately, I used my Diamond Preferred which I don't actively use anymore, so it hasn't made a difference either way. I am about to do this on my PremierPass which I do actively use, so I appreciate the warning.

I just pulled out my contract:

"...$.85 per $100 of the previous statement's New Balance"

Thanks again for that catch...if I did this on my PremierPass I may have ended up paying for it.

Is this still going on?

I'm not sure if this is still going on, but I tried it after it was verified that it wasn't the $25/quarter thing. My hubby and me easily amassed $100 in gas receipts within 1/2 a month and mailed them in back at the end of Dec. I waited almost 1 full month before cancelling to make sure they received the receipts/request. I didn't give it anymore thought, but I just received the $100 check today, middle of March.

I tried signing in at citicards and I did not find any promotion on going.

I didn't give it anymore thought, but I just received the $100 check today, middle of March.

I received my check a couple of days ago as well (applied about 1.5 months ago). Cancelling wasn't too hard either, glad I jumped on this deal!

As a follow up, I received 2 $100 rebates for each of my Citi cards. A few weeks after canceling, I noticed the promo was back on my homepage, and I signed up again. I just received a new set of rebate coupons and it looks like I can ride this for one more round.

As a follow up, I received 2 $100 rebates for each of my Citi cards. A few weeks after canceling, I noticed the promo was back on my homepage, and I signed up again. I just received a new set of rebate coupons and it looks like I can ride this for one more round.
Did you sign up using the same Citi accounts again? I thought the original terms was one offer per account.

Yes, same accounts. Although they sent me the rebate form, I haven't received the checks yet though, so maybe it still won't work.

On one of the accounts, my card was stolen and they changed my number, so perhaps that could work as a loophole if just signing up again ends up not working.

could you post the link to the page I can find that on - I did go and sign on and could not find the info

Thanks ahead of time

Babs

could you post the link to the page I can find that on - I did go and sign on and could not find the info...
Please see Post #7.