Sep 6, 2013, 3:45 pm
Citibank Checking 40,000 TY Points
Feb 6, 2014, 2:34 pm
#91
Join Date: Feb 2011
Posts: 87
This offer just appeared on the Citi banking homepage as well: https://banking.citibank.com/cbol/14...m?PromoID=CZJE
Feb 17, 2014, 8:57 am
#92
Join Date: Aug 2010
Posts: 633
Does anyone recall what the offer code was on this promotion last summer? My son never received his points. We SM them but I bet they are going to come back asking for the code and I can't find it now.
My daughter did get her points, they were both the same code.
My daughter did get her points, they were both the same code.
Feb 17, 2014, 9:31 am
#93
Moderator
Join Date: Jun 2003
Location: Miami, Mpls & London
Programs: AA & Marriott Perpetual Platinum; DL & HH Gold
Posts: 48,954
May 11, 2015, 5:06 pm
#99
Moderator
Join Date: Jun 2003
Location: Miami, Mpls & London
Programs: AA & Marriott Perpetual Platinum; DL & HH Gold
Posts: 48,954
Jul 24, 2015, 1:34 am
#101
Join Date: Sep 2012
Posts: 4,431
I remember reading somewhere that TYP earned from this promo aren't taxable. I can't remember why, but it might be because the total value of the points is estimated at $400 (1c each). Doesn't a bonus have to be valued >$600 to get a 1099? I know the 30K AA miles are valued at 2c each, so that's estimated at $600.
Jul 24, 2015, 7:11 am
#102
Moderator
Join Date: Jun 2003
Location: Miami, Mpls & London
Programs: AA & Marriott Perpetual Platinum; DL & HH Gold
Posts: 48,954
2. Citi determines the value of ThankYou Points when they are redeemed, not when they are awarded. Citi does not permit the points to be Gifted or Transferred because they would then not be able to assign a value. If the points are redeemed for the maximum value ($0.016/point) the redemption can exceed the $600 threshold and a 1099 could be issued.
3. Further discussion here:
http://www.flyertalk.com/forum/25132427-post240.html