Originally Posted by
R2134
Just to confirm, after I hit the 7.5k spending. Pay off all less $100 (statement credit) and cancel within 67 days to avoid the fee? (or 30 days after I see it on statement) Do I have to wait a certain amount of time before canceling?
First off, your AF may not even post on first statement
Second, regardless if it does or does not, you should receive your statement credit on your first statement. in the case that your AF does post on your first statement, you have about 37 days (more like 30) to pay your balance down (excluding AF) and cancel the card, if you don't wish to keep the card. The AF should be refunded within 24-48hrs
If you take this approach there are no rules about how fast to close card after payment, but I would not do it right away (especially if you are new to citi)
As always any info here is highly YMMV