Originally Posted by
jaymar01
I did this promotion last Summer for 40,000 Thank You points, and never got 1099 from Citi. As 40,000 Thank You points equates to $400 in Best Buy gift cards, it may fall below the minimum threshold.
As an aside, I was able to meet the terms of the promo and cash out before any monthly fees kicked in. Of course, YMMV.
Do you know how long it took for points to post?
Thinking about doing it but it takes 2 months to meet required conditions. If it takes 4 months that's $120 in fees. Still ahead but...
I think my wife & I will pull the trigger. Worst case $240 in fees for $800 in gift cards.