Question
Since I use my *Wood AMEX virtually all the time, I called up to cancel my Citi AA MC. They offered me double miles on all purchases for 6 months, and encouraged me to try this for 45 days at least while I can still cancel and get me annual fee refunded.
My question is as follows: How long after statement closing does it take those double miles to post? i don't want to make the effort to spend alot on this card, only to have it negated if I cancel after 45 days.
dave
Answer
The miles should post when the regular purchase miles post but that is a weak retention bonus. Usually they will offer you either 3k or 5k straight up which post on your next statement. The 3k or 5k depends on how long you have had the card and a myriad of other factors we'll never know. If I were you I would call them back and ask for the better retention bonus.
Answer
I have had my card since 2000.
I called 3 times, and each time they offered me a choice of either:
1. Double miles on everything...max 5000 miles.
1. 5x miles on supermarkets, drugstores, gasoline..max 5000 miles.
3. $25 credit on my bill
I choose #1 and have already spent $5K this month. I'm still pretty upset at Citibank and may try to cancel after my bonus has posted, but within the 45days after renewal.