Citi Prestige - Churning the $250 Airline Credit
Dec 10, 2015, 6:55 pm
#1
Original Poster
Join Date: May 2015
Posts: 183
Citi Prestige - Churning the $250 Airline Credit
I applied for and received a prestige card in the July of 2015. I paid the annual fee, got the 50,000 point bonus and used the $250 airline credit. Once January arrives and the airline credit resets I will use up the new $250 dollar credit. I will also have redeemed all my thank you points. Instead of paying the annual fee in the July of 2016 (and not getting another $250 airline credit until Jan 2017), can I cancel the card and then reapply for a new card with another $250 airline credit for 2016? I realize I won't get another 50,000 bonus points but if I can get another two years worth of airline credits for one annual fee it will still be worth it.
I did a search on this but was not able to find anything.
I did a search on this but was not able to find anything.
Dec 11, 2015, 12:46 am
#3
Join Date: Jun 2010
Programs: Whatever's Cheapest, Accruing Miles, Redeeming for Premium Cabins, Not Chasing Status Unnecessarily
Posts: 2,264
I understand the 18 month language for churning for bonus.
However, can one be successfully approved repeatedly in the same year if one was not worried about getting the spend bonus?
However, can one be successfully approved repeatedly in the same year if one was not worried about getting the spend bonus?
Dec 11, 2015, 1:11 am
#4
Suspended
Join Date: Sep 2014
Posts: 3,072
Are you talking about getting a Prestige, using the $250, canceling the card, and then repeating the process? I'd be shocked if that worked, especially if subsequent app(s) went to manual review, which seems to happen more often than not with the Prestige in the first place.
Dec 11, 2015, 1:14 am
#5
Suspended
Join Date: Dec 2014
Posts: 8,460
Are you talking about getting a Prestige, using the $250, canceling the card, and then repeating the process? I'd be shocked if that worked, especially if subsequent app(s) went to manual review, which seems to happen more often than not with the Prestige in the first place.
Dec 11, 2015, 1:33 am
#6
Suspended
Join Date: Sep 2014
Posts: 3,072
Dec 11, 2015, 7:50 pm
#10
FlyerTalk Evangelist
Join Date: Aug 2002
Location: Intermountain West
Programs: Too many to list
Posts: 12,080
Dec 13, 2015, 3:41 am
#13
Join Date: Apr 2014
Posts: 274
I applied for and received a prestige card in the July of 2015. I paid the annual fee, got the 50,000 point bonus and used the $250 airline credit. Once January arrives and the airline credit resets I will use up the new $250 dollar credit. I will also have redeemed all my thank you points. Instead of paying the annual fee in the July of 2016 (and not getting another $250 airline credit until Jan 2017), can I cancel the card and then reapply for a new card with another $250 airline credit for 2016? I realize I won't get another 50,000 bonus points but if I can get another two years worth of airline credits for one annual fee it will still be worth it.
I did a search on this but was not able to find anything.
I did a search on this but was not able to find anything.
Dec 13, 2015, 11:03 pm
#14
Join Date: Jun 2010
Programs: Whatever's Cheapest, Accruing Miles, Redeeming for Premium Cabins, Not Chasing Status Unnecessarily
Posts: 2,264
I guess it comes down to is it worth an inquiry for $250 value.
Probably not until you've exhausted everything else.
A strategically timed inquiry at the end of year to get $500 value might be closer to worth it.
Probably not until you've exhausted everything else.
A strategically timed inquiry at the end of year to get $500 value might be closer to worth it.
Dec 14, 2015, 8:36 am
#15
Original Poster
Join Date: May 2015
Posts: 183
I suppose I could go that route but I do see some value in having the card beyond the $250 airline credit and the 50k points.