Paying CITI bank card bill with CASH
Nov 13, 2008, 5:15 pm
#1
Original Poster
Join Date: Nov 2002
Location: LAX
Posts: 3,433
Paying CITI bank card bill with CASH
sometimes i pay my citi card bill in a bank branch. would they have a problem with me paying my bill in cash?
I know Amex does not want you to pay your bill at a travel location in cash (unless it is under $1,000).
is there a downside if i pay with cash, I would hold on to the receipt in case there was a posting error since i would not have a canceled check as proof of payment.
Thanks
I know Amex does not want you to pay your bill at a travel location in cash (unless it is under $1,000).
is there a downside if i pay with cash, I would hold on to the receipt in case there was a posting error since i would not have a canceled check as proof of payment.
Thanks
Nov 13, 2008, 5:58 pm
#2
Join Date: Feb 2005
Programs: DL DM+5MM, AAGold MM, UA 1K+2MM, BA GGL,LH Senator, SPG Plat, HH Diamond, HY Plat
Posts: 840
You can pay your Citi credit card in cash at any branch, there is no $1000 cash limit like at American Express. If you pay more than $10000 cash, it gets reported as do all cash transactions over that amount.
Oct 18, 2014, 1:38 pm
#3
Used to be 'g_leyser'
Join Date: Jul 2002
Location: Brandon Johnson International Airport (expect delays)
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Posts: 10,036
I had the same question and found this old thread through search.
Is the information in this thread still accurate?
Is the information in this thread still accurate?
Oct 21, 2014, 10:27 pm
#4
Join Date: Jan 2014
Location: Chyona
Programs: Anywhere I can ski...
Posts: 401
What payments must be reported?
A business must file Form 8300 to report cash paid to it if the cash payment is:
Over $10,000,
Received as:
One lump sum of over $10,000,
Two or more related payments that total in excess of $10,000, or
Payments received as part of a single transaction (or two or more related transactions) that cause the total cash received within a 12-month period to total more than $10,000.
Received in the course of trade or business,
Received from the same payer (or agent), and
Received in a single transaction or in two or more related transactions.
A business must file Form 8300 to report cash paid to it if the cash payment is:
Over $10,000,
Received as:
One lump sum of over $10,000,
Two or more related payments that total in excess of $10,000, or
Payments received as part of a single transaction (or two or more related transactions) that cause the total cash received within a 12-month period to total more than $10,000.
Received in the course of trade or business,
Received from the same payer (or agent), and
Received in a single transaction or in two or more related transactions.
What is the definition of a transaction?
A transaction is the underlying event resulting in the transfer of cash. Examples include:
Sale of goods, services or real or intangible property
Rental of goods or real or personal property
Cash exchanged for other cash
Establishment, maintenance of or contribution to a trust or escrow account
A loan repayment
Conversion of cash to a negotiable instrument such as a check or a bond
A transaction is the underlying event resulting in the transfer of cash. Examples include:
Sale of goods, services or real or intangible property
Rental of goods or real or personal property
Cash exchanged for other cash
Establishment, maintenance of or contribution to a trust or escrow account
A loan repayment
Conversion of cash to a negotiable instrument such as a check or a bond
Oct 26, 2014, 7:19 pm
#5
FlyerTalk Evangelist
Join Date: Apr 2001
Location: NYC
Programs: Landry's President's Club, Marriott Silver, Awesomeness EXPLT
Posts: 20,408
In the past there were reports of AA for multiple cash payments on FW YMMV.
Nov 1, 2014, 10:53 pm
#7
Join Date: Jul 2014
Location: LAX
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Posts: 1,305
Jun 6, 2015, 4:19 pm
#9
Join Date: Jun 2009
Location: ONT/LAX
Programs: IHG Plat
Posts: 496
update: went to pay $1200 today, the cashier said they require name, social, occupation, and ID now for any cash payments for credit card payments at the teller. she had me fill out a little slip with this information, which she handed back to me after entering it into the computer. she said they started this 2 weeks ago and it is in effect at all branches.
however, she said cash payments at the ATM (which i didnt know you could do) as well as check payments at the teller are not subject to this type of verification.
however, she said cash payments at the ATM (which i didnt know you could do) as well as check payments at the teller are not subject to this type of verification.
Jun 6, 2015, 10:10 pm
#10
Join Date: Aug 2014
Location: MSP
Programs: AGR S+, Marriott Plat, HHonors Diamond, Hyatt Explorist
Posts: 100
Yes, you can pay citi card bills with cash using a citi ATM, just like depositing to the citi checking account, with two caveats:
1. You must have a cash advance PIN set for the card in order to use the ATM
2. Your payment amount must be equal or below the current owe balance (no overpayment). This does not include pending transactions
1. You must have a cash advance PIN set for the card in order to use the ATM
2. Your payment amount must be equal or below the current owe balance (no overpayment). This does not include pending transactions
Jun 6, 2015, 11:30 pm
#11
Join Date: Dec 2009
Posts: 116
update: went to pay $1200 today, the cashier said they require name, social, occupation, and ID now for any cash payments for credit card payments at the teller. she had me fill out a little slip with this information, which she handed back to me after entering it into the computer. she said they started this 2 weeks ago and it is in effect at all branches.
however, she said cash payments at the ATM (which i didnt know you could do) as well as check payments at the teller are not subject to this type of verification.
however, she said cash payments at the ATM (which i didnt know you could do) as well as check payments at the teller are not subject to this type of verification.
Jun 7, 2015, 7:20 am
#12
Join Date: Sep 2004
Location: The World!!!
Programs: Some of them not all ...
Posts: 1,532
Does this apply to MOs too? I usually pay it with MOs when in branch because I have no limit left in Red Bird.
Haven t paid in 3 weeks. But currently working on an Exec AA that will need MOs from VGCs
Haven t paid in 3 weeks. But currently working on an Exec AA that will need MOs from VGCs
Jun 8, 2015, 8:29 am
#14
Join Date: Nov 2010
Location: Traveling some where hopefully
Programs: AS, AA Gold, and Hilton
Posts: 1,954
Jun 8, 2015, 4:04 pm
#15
Join Date: Jun 2015
Posts: 1
So what does this mean exactly?
Same thing happened to me today. Paid $3000 towards my credit card from a few cash jobs I did. Was asked for ID, phone number, and what I do for work? I've been a Citi card holder since 1990 and have paid off my balance when oportunities like this arrise. So what is the logic and reason behind this from the banks perspective? The concern here and I'm sure I'm not alone, will this generate some kind of red flag with the IRS? Or is this simply some new level of security for the bank, as they put it. Any help would be appreciated! Thanks.