Cashback Calendar
Citi has released the 5% cash back calendar for their Citi Dividend for all quarters of 2017. It is as follows:
- Q1: Home depot & Home Furnishing Stores
- Q2: Drugstores & Fitness Clubs
- Q3: Hilton & Airlines
- Q4 Best Buy & Department Stores
Keep in mind that the Citi Dividend is different to the other 5% cash back cards in that you’re given a $6,000 yearly limit that you earn 5% cash back on. Discover it & Chase Freedom limit you to $1,500 per quarter. I obviously prefer the way Citi does it as it means I can max out the full $6,000 in a single quarter if there is a category I like (e.g Q2 & drugstores).
Product Change
Citi does still let you product change to this card even though you can’t apply for the card directly. Some rules:
- Card must be at least twelve months old before downgrading
- Conversions can take up to 51 days (this is usually done much sooner)
- Some representatives will say that product changes must be done within the same product family (e.g an American Airline card must be downgraded to another AA card). This is not the case, rather than arguing, hang up and call again.
Also keep in mind we still don’t really know how product changing affects your eligibility for card sign up bonuses with the new rule.
Hat tip to reader @telewatcr
