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CITIBank $100 credit spend $500 with Double Cashback CC app

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Been waiting on this. Needed to get a better CC that is still offering some price protection. Was approved instantly.
Earn $100 cash back bonus after $500 in purchases within the first 3 months of account opening

Cash back bonus is not available if you have had Citi® Double Cash card opened or closed in the past 24 months.


https://www.citi.com/credit-cards...redit-card
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Joined Feb 2011
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#2
where is price protection?
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Joined Dec 2004
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#3
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Joined Nov 2017
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#4
I got this a couple weeks ago. Kept getting the offer in the postal mail. I used AMEX wth 1% cashback but figured 2% cash back was better and the $100 credit for $500 spent is a no brainer.

I don't think you need an app to get the $100 credit. At least my agreement didn't say anything about an app. Most apps are just butchered versions of the website missing 95% of the content and ruined by unnecessary updates to justify the developers job.
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Joined Aug 2009
L7: Teacher
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#5
Not bad, it's nice to see them offering a bonus (although I already have this card). I think I'll stick to my Chase Freedom Unlimited though. The 1.5% points pair up nicely with the CSR's (minimum) 1.5 cent a point value.

If you're just churning for bonuses, might as well get the Wells Fargo 1.5% card w/ the $200 bonus.
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Joined Dec 2006
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#6
Quote from Deals4Lyfe
:
Not bad, it's nice to see them offering a bonus (although I already have this card). I think I'll stick to my Chase Freedom Unlimited though. The 1.5% points pair up nicely with the CSR's (minimum) 1.5 cent a point value.

If you're just churning for bonuses, might as well get the Wells Fargo 1.5% card w/ the $200 bonus.
For Chase Freedom Unlimited, are the 1.5cents per point value actually a cash conversion where they can deposit it directly into your Chase account? I ask because I believe the Amex reward points are valued differently where 50k points come out to $300 in cash value (use it for charges) but they sometimes have decent gift cards like 50k points for a $500 home depot gift card. Would be $350 in an Amazon GC.

https://rewards.americanexpress.c...pricinghub

Was able to find the page where you can see what the points values are for Amex cards. Was thinking about churning an Amex gold premier rewards card since they sent me an offer for 50k points if I spend 2k in the first 3 months but that's a pretty high amount for such a short period of time. Not to mention I'd need to either convert or close the card after the free first year since it'd be $195 per year after.
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#7
Quote from NE0tekk
:
For Chase Freedom Unlimited, are the 1.5cents per point value actually a cash conversion where they can deposit it directly into your Chase account? I ask because I believe the Amex reward points are valued differently where 50k points come out to $300 in cash value (use it for charges) but they sometimes have decent gift cards like 50k points for a $500 home depot gift card. Would be $350 in an Amazon GC.

https://rewards.americanexpress.c...pricinghub

Was able to find the page where you can see what the points values are for Amex cards. Was thinking about churning an Amex gold premier rewards card since they sent me an offer for 50k points if I spend 2k in the first 3 months but that's a pretty high amount for such a short period of time. Not to mention I'd need to either convert or close the card after the free first year since it'd be $195 per year after.

Chase UR points are 1 cent per point taken as cash or statement credits (statement credits are better, since you also earn points on the spend they offset).

That said- they're worth even more when used for travel with the right chase cards... (hence why the freedom unlimiteds 1.5x UR rate is really a minimum of 2.25% when used for travel with a CSR, and often higher than that.
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#8
Quote from NE0tekk
:
For Chase Freedom Unlimited, are the 1.5cents per point value actually a cash conversion where they can deposit it directly into your Chase account? I ask because I believe the Amex reward points are valued differently where 50k points come out to $300 in cash value (use it for charges) but they sometimes have decent gift cards like 50k points for a $500 home depot gift card. Would be $350 in an Amazon GC.

https://rewards.americanexpress.c...pricinghub [americanexpress.com]

Was able to find the page where you can see what the points values are for Amex cards. Was thinking about churning an Amex gold premier rewards card since they sent me an offer for 50k points if I spend 2k in the first 3 months but that's a pretty high amount for such a short period of time. Not to mention I'd need to either convert or close the card after the free first year since it'd be $195 per year after.
Like the person above stated, Chase UR points are worth 1 cent per point, if you take them as cash.

If you have a Chase Sapphire Preferred (CSP), then they're worth 1.25 cents if you use them to book travel through their travel portal.

If you have a Chase Sapphire Reserved (CSR), then they're worth 1.5 cents if you use them to book travel through their travel portal.

Finally, if you have either Chase Sapphires, you can transfer the points 1:1 to any of their travel partners (there's a list here: https://thetravelsisters.com/chas...artners/).

If you transfer to a travel partner (ie. British Airways Exec Club/Avios), you may even get better redemption value than the 1.5 cents of the CSR (and you would only need a CSP which only has a $95 annual fee vs the $450 of the CSR <- but it's worth it).

If I were to get an Amex card, I'd be transferring the points to a travel partner. Usually, it boils down to the fact that most decent rewards credit cards give you the best benefits if you travel a lot.

If you want simple cash (or close to cash), I'd recommend the Capital One Venture card (1 point = 1 cent to erase travel cost, or 1 point = 1 cent for Amazon Gift card).
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Joined Dec 2004
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#9
Received my new CitiBank Doublecash Mastercard and in the terms there was an insert that adjusted the $500 max price protection that they call Rewind down to a max of $200 per transaction as of July 29.
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#10
Quote from lebulldog
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Received my new CitiBank Doublecash Mastercard and in the terms there was an insert that adjusted the $500 max price protection that they call Rewind down to a max of $200 per transaction as of July 29.

Yeah- Citi announced they were doing that to all their cards with price rewind months ago- been several threads about it.

Chase on the other hand is dropping that benefit entirely across all their cards that offered it.

so now you get the choice of 200 max back with citi and 2 years free warranty, or only 1 year free warranty and 500 max with discover... (and chase there's basically no reason to ever use on things you'd want to either price protect OR get a longer warranty with)
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