Citi ThankYou Premier Card - up to 100 K bonus

I did the Citi Thankyou card this year for the 50,000 points.

Does that make me ineligible for this?

was on brink to go for it or not ..

Finally applied and approved for 17K and Cust care confirmed the 50K points on 2.5k spent in 3 months

Amazon payment .. I am coming in.

Quote from bearsworth8 : Sweet. So i can pretty much pay myself the $1000 x 3 and then come out with free $500 gift cards then right?

I looked into amazon payments before and maybe I am dense. But when you transfer the $1000 around, how do you get it back. It looks like it stays in amazon payments which I think you can use to buy amazon gift cards.

But how to convert that amount in amazon payments back into cash.

Sorry if this is dense.

50000 points worth $500? Sorry never had any citi card.

Quote from rhornback : I looked into amazon payments before and maybe I am dense. But when you transfer the $1000 around, how do you get it back. It looks like it stays in amazon payments which I think you can use to buy amazon gift cards. But how to convert that amount in amazon payments back into cash. Sorry if this is dense.

You have to transfer to your wife or family member, which can be transferred to bank account.

Does anyone know if this is worth opening a new credit line and then cancelling after a year (or two)? Is it worth making off with $500 in gift cards but denting your credit score? TIA!

whoops nevermind.

Instant approval. My thankyou premier mastercard will look very nice next to my thankyou premier visa (from earlier this year).

Quote from napnap : Unrelated question (a little related though). Can I send $1000 to my wife using Amazon Payments. Can she also send me $1000 using Amazon Payments? Can we keep doing this for a few months? Will this trigger something from Amazon?

Quote from amex1007 : I do it.. and havent triggered anything yet I make sure to do it on different days with a gap of min 10 days

Quote from 420betahat : I believe something like 2.9% plus small fee on each transaction from Amazon.

Quote from drmd : Will there be hard pull(credit report) twice if applied for both cards?

Amazon now requires SSNs for payment. I'm thinking if that if the payment amount is sufficiently high enough (over $600??) perhaps tax forms would be sent out?

We're already half way through Sep and is it going to be included as the first of the 3 months? I know I can spend $2500 in oct-dec. Don't really want to risk getting denied on the AMZ payment thing.

A lot of these offers no longer have "landing pages". It's sort of a take it as you will and trust the OP thing. I have applied for these in the past off of FT posts and gotten what was mentioned.

That said, it is YMMV but the times I have done it I have always gotten the better sign up bonus.

Quote from rebelx : Amazon now requires SSNs for payment. I'm thinking if that if the payment amount is sufficiently high enough (over $600??) perhaps tax forms would be sent out?

Ugh no,

http://www.amazon.com/gp/help/cus...=200663310

Due to Internal Revenue Service (IRS) regulations, U.S. third-party settlement organizations and payment processors, including Amazon, are required to file Form 1099-K for U.S. taxpayer sellers who meet the following thresholds in a calendar year:

More than $20,000 in unadjusted gross sales, and
More than 200 transactions.

Hello guys, hopefully this short article will help clear up any confusions over the amazon payments!
http://www.2millionblog.com/2011/...l#comments

Quote from drmd : 50000 points worth $500? Sorry never had any citi card. You have to transfer to your wife or family member, which can be transferred to bank account.

So wife/family-member also needs to have any amzon payments a/c?
sounds like paypal ...

Some of you guys are so freaking stingy. Trust, figure it out and stop whining.

This site is made to save/make money by SPENDING it. If you're too broke living in your parents basenment or not smart enough to work the system then get off the damn site.

Thanks to THOSE that tried out the deal and confirmed what the OP said.

Anybody did not get instantly approved and got approved after calling in? I applied for both cards with 2 browsers so I really dont want to call in and alert them that I applied to 2 cards if they dont approve over the phone.