Wonky Citibank Rules

I have been brainstorming on how to maximize Citibank now that they are waiving annual fees per the MLA. As far as I know Citi allows product changes for any of their card to anything else. In the past I took my American Airlines Platinum card and changed it to a Bronze American Airlines which became the AA MilesUp card. I also successfully changed another Platinum AA card into a Double Cash Back card which is of an entirely different family. I am reading now that people have been able to product change their American Airlines Executive to another Prestige after one year. This would be a game changer as each Citi Platinum I’m churning with Snail Mail codes would become another $250 Prestige in my pocket after one year!

The list of possible products (dated Feb 2018) is this:

  • Citi® Double Cash Card
  • Citi® Diamond Preferred® Card
  • Citi® CashReturns® (an old 1% cash back card)
  • Citi® Dividend
  • Citi® Dividend World Elite (same cashback program as regular Dividend)
  • Citi® / AAdvantage® Executive World EliteTM Mastercard®
  • Citi® / AAdvantage® Platinum Select® World Elite™ Mastercard®
  • Citi® / AAdvantage® Gold World Elite™ Mastercard®
  • Citi® / AAdvantage® Bronze Mastercard
  • Citi Prestige® Card
  • Citi ThankYou® Premier Card
  • Citi ThankYou® Preferred Card
  • EXPEDIA®+ CARD From Citi
  • AT&T Access More Card From Citi
  • AT&T Access Card From Citi
  • AT&T Universal Savings and Rewards (5x on AT&T purchases)
  • Costco Anywhere Visa® Card By Citi

Here are my sources for all of Citi’s wonky rules:

If this is the case then we should not attempt to get a Premier card until exactly 24 months from opening the Prestige card. Instead we should hit every single Citi card on their own and convert to a prestige after one year. Keep in mind each Citi card I have opened has been a hard pull and there are reports of a 6/6 limitation. This is where only 6 hard pulls from any bank in 6 months will keep you from getting any new Citibank card. Reader NC asks:

Derp, How many hard pulls have you had in the last 6 months? At least how many does Experian show? I recently got denied for the Prestige for too many inquiries on 24Feb or 25Feb. My Experian account says I have 8 inquiries in the last year. Trying to see the soonest I should apply next and have a chance at approval. I don’t know if I’m ready to garden just yet. Dan, if you see this, weigh in?

The other rule to contend with is the well know 8/65 rule where you must wait 8 days between applications and then 65 days between each pair. For example I got two Citi AA Platinum cards on 24 Jan and 12 Feb (spaced more than 8 days apart). So in a moving 65 day window I had 2 new cards making me ineligible for a third till the first one drops off. I will be eligible to get my next cards at these intervals:

  • 30 March & 18 April
  • 22 June & 7 August
  • 26 Aug & 11 Oct
  • 30 Oct & 15 Dec

What I need to look out for now is not going over 6 hard pulls in a 6 month period. With the application today I have 3 hard pulls at these intervals:

  • 24 Jan 2019 (Drops 24 July 2019)
  • 12 Feb 2019 (Drops 12 August 2019)
  • 30 March 2019 (Drops 30 September 2019)

If we assume I only work Citi this year we can have this to expect:

  • 18 April Application (4th pull of 6)
  • 22 June Application (5th pull of 6)
  • 7 August Application (5th pull of 6 since the 24 Jan dropped off)
  • 26 August Application (5th pull of 6 since the 12 Feb dropped off)
  • 11 October Application (5th pull since the 30 March drops off)
  • 15 December Application (5th pull since 18 April Drops off)

When 24 January 2020 comes around we can then start product changing the AA Platinums to multiple Citi Prestiges just for more $250 credits and free 4th nights. When 24 months rolls around we can finally hit the Citi Premier for more thank you points!

What this plan is contingent on is finding a steady supply of these:

Please don’t throw these out! Hit me up if you got some extra codes

Otherwise I will have to get every single Citi Product with intention to product change to multiple Prestiges in one year.

I will also not be able to get cards from any other bank to risk racking up any hard pulls. Maybe when I am in the upgrade phase I can switch to getting back under 5/24 and working on my wife’s accounts.


17 thoughts on “Wonky Citibank Rules

  1. […] me know how it goes! I have written posts here and here on strategies if this Citi MLA waiver stays for good. Otherwise please start collecting […]

  2. Mark says:

    So theoretically I could PC my Doublecash (which I’ve had for over a year) to any Citi card regardless of when it was opened?

    • uiucderp2011 says:

      Yes, assuming that the double cash is covered by MLA then you should be able to PC to a Prestige. Now do you have a prestige?

      • Mark says:

        Ah, I’ve had a prestige for a little over a month. The DC was opened back in 2015 so I guess MLA wouldn’t apply?

        • uiucderp2011 says:

          MLA took effect on Oct 2017 and Citibank began sporadically waiving after that. I opened my American Airlines Executive December 2017 and that was waived. You would be at risk of being charged $495 due to having the card before MLA took effect.

  3. Kyle says:

    How do you receive the mailers for the 60k point AA Plats? Looking to do the same, but I need to get ahold of the application codes in order to do so.

    • uiucderp2011 says:

      i just asked everyone I knew, and sure enough my Brother’s Girlfriend gets about 3 a week!

  4. el_georgie says:

    I’m definitely missing something on the AA plat snail mail. Can you open multiple AA plats? Trying to figure out what’s the citi AA plat snail mail churn strategy.

    • uiucderp2011 says:

      Despite the single bonus allowed in a 24 month period for American Airlines, we are are able to get multiple bonuses using the portal opened up by other people’s pre-approved snail mail mailers.

      We have been all throwing them out, but they are pure gold!! I want to know if I can get the premier, and multiple premiers this way.

  5. el_georgie says:

    @wedstunt..I’d do it for both, i think that’s the key of the snail mail, that you get back the 65K signup bonus…in addition the benefit of PC later.

    • wedstuntpuller says:

      Seems like a lot to M/S if you’re also pulling AMEX/Chase cards, but then again i cant do much manufactured spending in Europe other than paying my taxes.

      I believe this also works with the targeted e-mail offers. I got one from AA for 65k points with the card. Probably time to start hitting Citi with a prestige and one of these since I’m 5/24 chase for the next 22 months and stuck with AMEX till mid June since I got two CC’s in mid-March.

      • el_georgie says:

        I hit citi for the first time after derp jumped in with the prestige. Applied Friday, approved after calling to verify info…waiting for it to arrive. I’ve been hitting MS paying Cali rent, both mine and a friend’s. Averaging 1x $3-5K MS per 1.5 mos. I guess one of the plus sides of high rent here. Might start hitting the snail mail cards after I complete the prestige and finish off the bonvoy MS.

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