Citi Dividend 5% cash back enrollment

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3 posts
kkamakasi
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Joined: Sun Oct 16, 2011 2:52 pm
Location: Houston, TX

Citi Dividend 5% cash back enrollment

Postby kkamakasi » Tue Oct 25, 2011 12:49 am

I have had this card for several years and have just been making regular purchases of ~$1,500 a month. However, I recently found out that this card's benefit is that every quarter certain items qualify for more cash back percentage. For example, right now they are offering 5% cash back on certain holiday shopping as opposed to the regular 1%.

Does signing up for these extra percentages every quarter have any negative effect on my credit or credit report? Or can I just look at it as one of the perks of having this card and sign up for it with no negative repercussions?


DavidNY
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Joined: Tue Jul 05, 2011 12:28 pm
Location: New York

Postby DavidNY » Tue Oct 25, 2011 3:33 pm

kkamakasi wrote:Does signing up for these extra percentages every quarter have any negative effect on my credit or credit report?


No.

......

FutureBillionaire
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Joined: Sun Jun 19, 2011 2:37 pm
Location: Down South

Postby FutureBillionaire » Fri Nov 04, 2011 7:58 pm

How quickly can you redeem the 5% and at what tiers of accumulation?
Gas: Discover It, Penfed Platinum Rewards x2, Chase freedom, Citi TYP
Plane tickets: CSP
Groceries: AMEX BCP, Penfed Platinum Rewards,Citi TYP
Clothes: Express, Amex BCP, Discover IT
Amazon: Citi Forward, Cash +
Restaurants: Citi Forward, Chase Freedom, Discover IT, CSP
Hotels and other travel: Discover Escape, CSP
Movies: BofA travel rewards visa signature(fandango), Discover IT, Citi Forward, Freedom
Bars, clubs, tomfoolery: CSP, Citi Forward, Discover IT, Freedom
Balance transfers: Kroger 123 rewards
Bill Pay: Chase Ink Plus, Citi Forward
Everyday spending: Bofa Accelerated cash rewards amex, Discover Escape



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