Originally Posted by
jedck
I recall reading a thread where this was answered but now I can't find it. TOC says "Bonus ThankYou points are not available if you have had a Citi ThankYou Premier card opened or closed in the past 18 months."
I opened my TYP just over 18 months ago and have not closed it. If I were to apply could I get a second one while still holding the first or would I first need to cancel the one I have now? And does downgrading to eg DC count as closing?
Downgrade is treated as closing.
Get your second card BEFORE doing anything on the first card since it has passed 18 months. Your second card should come with a welcome letter informing you the bonus. Then you can downgrade your first card.