Posted by Chuck on April 8, 2016
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Published on April 8th, 2016 | by Chuck


Citi Clamps Down on Signup Bonuses – 24-Month Wait Instead of 18-Months

Citi now changed the terms of their signup bonuses to require a wait of 24-months from when the bonus was last received to get it again. Previously, the rule had been that only an 18-month wait was required.

You are now only eligible for the bonus if the card was not opened or closed in the past 24 months.

Screen Shot 2016-04-08 at 12.29.50 PM

Most cards are showing the new wording, including the AA cards, ThankYou cards (i.e. Prestige), Expedia, etc.

Exceptions: Certain links for the Hilton HHonors is still showing the 18-month wording for now, and some affiliate links are still showing 18-months for one of the AA cards. I also don’t see any wording on business cards (maybe business cards don’t have the rule?). The ATT card is also still showing the 18-month language at the moment.

Update 5/3/16: Now, all cards are showing the 24-month language, including ATT and business cards.

We’ll update the List of Churnable Credit Cards to reflect the change.

HT: jdbcc on Reddit

17 Responses to Citi Clamps Down on Signup Bonuses – 24-Month Wait Instead of 18-Months

  1. Chris says:

    Wow! That is more extreme than Chase with the “or closed” language. Closing (maybe downgrading) all 5 of my Citi AAdv cards to reset the clock. Wonder if Chase will follow suit with the “or closed?” See you in 24 months?

  2. jnrfalcon says:

    AA biz card… I really thought Thankyou Biz comes back…

  3. Nina says:

    Wording seems to imply that getting the bonus is based on the date the card is opened or closed, *not* the date at which the bonus was last received? Big difference I think since many folks keep the card open to retain credit age.


  4. joe says:

    Honestly, this is fine. I far prefer 24 months over Amex’s one time only and Chase’s 5/24 rule.

    • Simon says:

      exactly. there are many sweet things that are “once in a lifetime”, but I don’t think any Amex offer is comparable to those.

  5. Gaurav says:

    Does converting a couple of card to another product count as closing a card? So if you product changed a prestige to a premier could you apply for another prestige 24 months after opening the first one?

  6. Jordan says:

    Is opening a second Prestige or Premier card to get another bonus likely to lead to an account shutdown?

  7. Mike says:

    Neighbor called and was denied bonus today on premier card because he had prestige card wi 24 months. They enforced rule on any ty card. This may be worse than thoght

    • Chuck says:

      Ouch! I’m going to guess that this was a mistaken rep, unless we hear more data points.

      • Spencer says:

        I can confirm, after speaking with several managers in the SD office, that they are denying a bonus on a second TY product if you have had ANY TY product opened or closed in the past 18 (now 24) months. This was not in the terms when I signed up for a TY Premier card in February (having signed for for a Prestige card last August), and they are STILL denying the bonus points. Next stop class action/CFPB?

  8. HG says:

    If -4 doesn’t come back, I’ll be shuttering Premier halfway thru the first year.

  9. Shonuffharlem says:

    I don’t get it why is clock reset if you close?

  10. Rich says:

    This may be a stupid question, but looking to get clarification on the open/close in last 24 months. I have a AA card still open from when I opened it 3 years ago. Can I apply again and get the bonus while have the original still open?

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