Citi currently has 2 offers on their web page (no special link required) for their Citi Premier Pass Elite cards. 1 for personal 1 for business.

15,000 pts after 1st purchase on each card.

No annual fee 1st year, for business card. $75 annual fee for personal card.
0% BT for 12 months, from day you do it. You have until 1/1/2007 to do the BT. This is especially useful as you can do the BT now, or much much later and get your 12 months.

Since the fee is waived on the business card, you don't have to worry about it.

You can avoid having to pay the fee on the personal card by getting your 15k bonus pts within 45 days, and converting the card to any non-annual fee Citi card has, and they will refund it to you. You will keep the 0% BT offer even when you convert.

Also, since the premier pass cards have annual fees, they are generally a lot easier to qualify for, and also get higher then usual starting CL.

Enjoy!

This is a good deal, but will they give you the points within the 45 days.

Also, you can only get GC from the 3 Gap owned stores, JCPenny, Kmart, L.L.Bean, Lands'End, Macy's, Sears and Target.

My bad, I was just looking under the Department Store category.

The full list is here.

Storme said:You will keep the 0% BT offer even when you convert. This part seems like a ymmv, at best.

But the offer sounds really attractive, if there are no additional fees attached to the BT. It might make me consolidate my citi cards, and jump back into the BT game again

Particularly now that citi offers automatic payment scheduling, the entire deal can be set up in a few minutes and left on auto-pilot until completion.

Thanks Storme. Nice find !

Addendum: No BT fees if performed as part of the offer (within 12 months of account opening; not sure about multiple BT's)

As mentioned in another thread concerning the premier cards, in case you actually intend to use it (and not only applying for the $150 gift card), in order to redeem flight points you have to use at least an equal amount of purchase points. So do not make plans on earning tens of thousands of points through flights if you do not intend to buy other goods of equal value with it...

EDIT: Previous discussion about this credit card here: Citi premier discussion

PS: I am not sure about the higher CL you can get applying for the elite, I got only $2000 a few weeks ago... Also some people may be lucky to receive an mail offer for the premier (not elite) and with 15,000 points after the first purchase, which beats the hassles of applying for the elite, redeeming the points and changing back.

Its on the front page at Citi Cards.

ashdoshi said:Hello,

Are you sure about the part :

<You will keep the 0% BT offer even when you convert. >. Also if you convert within 45 days, they refund the annual fee ?.

Can someone confirm it ?.

Thanks.

You can take my word for it. I've done it.

If it's all right, I'd like to run my understanding of this deal past you guys and make sure that I've got it right:
1. apply for above mentioned card through above listed link (thanks tons!)
2. Use card immediately
3. Cash in 15000 points for 150 dollar GC
4. Cancel card to get 75.00 membership fee returned (is htere any doubt as to whether this step will work?)

I do have a question, what is required to qualify for the Business version of this card?

On the application a Tax ID for the business is required. So, has to be a legal business. If business has no credit history, Citi will go by your credit history for a decision. They will check both credit reports regardless.

So, how sure are we about being able to get the fee waived when we transfer it to another citi card?