Citibank is back with a 30,000 miles offer if you open up a new Citibank Citigold account.
The good news is that you can do it all online and there is usually NO HARD CREDIT inquiry.
Here is the link to the account opening page.
If the link does not work, you can call 800-349-9709 and mention code DWBXLFT7VF.
This offer is targeted to AAdvantage cardholders who don't yet have a Citibank account, but you may get it to work for you despite that.
As previously iterated, you need to complete a couple of steps:
1) Open a Citigold account by 3/31/2015
2) Complete 1 qualifying bill payment for two consecutive months
3) Spend $750 with your new Citibank debit card
A Citigold account comes with a $30 monthly fee that is waived if you have other Citibank accounts with large deposits or if you put $50,000 in the account.
Since it may take up to 4 months for the whole undertaking (from account opening until the miles post) you should calculate a cost of $120 or park $50,000 (which is also likely to be an opportunity cost).
Even after $120 in fees, this is just 0.3 cents per mile – it's a good offer if you are targeted (or if you can make yourself targeted).
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About the author: Torsten is a serial entrepreneur who started almost a dozen ventures on four continents.
Torsten's love for travel has brought him to 130+ countries and travel with most of the world's airlines.
You can reach Torsten at [email protected]
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