Originally Posted by
blankeeta
This question has been asked in this thread before with no answer...what if you forget about the 20k bonus all together? If I dont want to tie up 6k in a citibank account (I dont bank with them and there are no branches in my state), why not just fund the account with my citicard, take the miles accrued from my purchase, close the account, and repeat? I confirmed with the CSR that the fee for going below $6k is $9.50 for me (not sure if it is more or less for others)...I'd happily pay $9.50 for 20k miles and not have to bother with all of the account stipulations while having money tied up for months. Am I missing something?
Well, I don't think that question has been 'asked' before, but, it has certainly been 'answered' here in this thread nonetheless.
To help you out: Given the fact that funding has a turn around time to pay out your award in one billing cycle, where as the 20K miles for opening this particular account will take a year to receive all miles, and if you have a high credit limit on your Citi Card, what do you think the answer is?
I'm certain the answer is fairly obvious even if no one asked such a question and had it answered directly.