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Thread: Chase card referral questions and issues [consolidated]
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Old Dec 24, 2020 | 12:32 pm
  #155  
mia
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Originally Posted by Happy
.... TYP's complicated rules (they are 2 kinds - from banking and from credit card, with one is taxable at issued and one is taxable at redeemed...
This is not accurate, but does Citi have a different policy for AAdvantage miles than for ThankYou points:

When Citi issues AAdvantage miles for opening a bank account they are taxable in the year issued.

When Citi issues ThankYou Points for opening a bank account or as a courtesy adjustment, they are not taxable until redeemed because that's when Citi can see the monetary value.
Last edited by mia; Dec 24, 2020 at 12:45 pm
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