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Is this gonna work:
1. My account balance is (and will stay) zero
2. I enroll and receive my rebate coupon
3. make a $40 purchase and pay it off immediately (statement balance will show 0 so no Credit Protector fee?)
4. Submit the rebate
5. Cancel Credit Protector

Pretty easy $40, right?

Edit by Moderator: Thank you for your participation. Please note that there is also discussion about this topic Here.



yeap.

But wow, 40 bucks CCP. I should have held my trigger finger when it hit 25....


cancel and sign up again..thats what I did.


You dont have to make the purchase before cancelling the service or even use the citi card to make the purchase.


DynaConv said: You dont have to make the purchase before cancelling the service or even use the citi card to make the purchase.
thanks for the info, that's even better


crapp, just signed up for the 25 offer.


the first 30 day is free, too.


You rock OP. Thanks


R U sure its $40 in one shot ? In the past, its $10 one month, then $10 the next, and $15 etc.


yuri375 said: 2. I enroll and receive my rebate coupon
What is a rebate coupon exactly? Is it a physical, paper coupon they'll send you in mail? How do you use it? Or, it is like credit on your account? Can you use it to pay for cable and other similar services?


what if you have multiple citicards? Can you sign up for protection on all of them? and get $40 per card?


that's what I'm thinking.

kofman said: what if you have multiple citicards? Can you sign up for protection on all of them? and get $40 per card?


On my diamonds reward card, i already receive $10 WalMart gift cards every month. I'm thinking if I can do this $40 rebate for my other account.
Went ahead and did it, as I hardly ever have a balance on this card.


one question: why I can not find it myself on their website? I can only find $20 rebate if I don't go through OP's link. Is it OK to sing up through OP's link? Thanks


yuri375 said: Text
Is this gonna work:
1. My account balance is (and will stay) zero
2. I enroll and receive my rebate coupon
3. make a $40 purchase and pay it off immediately (statement balance will show 0 so no Credit Protector fee?)
4. Submit the rebate
5. Cancel Credit Protector

Pretty easy $40, right?


No quite. They will send you four $10 rebate coupons, which can be submitted once a month. The rebates will arrive approximately 6 months after submission. So altogether, it will take about 10-11 months to get $40.


VagrTiger said: yuri375 said: Text
Is this gonna work:
1. My account balance is (and will stay) zero
2. I enroll and receive my rebate coupon
3. make a $40 purchase and pay it off immediately (statement balance will show 0 so no Credit Protector fee?)
4. Submit the rebate
5. Cancel Credit Protector

Pretty easy $40, right?


No quite. They will send you four $10 rebate coupons, which can be submitted once a month. The rebates will arrive approximately 6 months after submission. So altogether, it will take about 10-11 months to get $40.

You mean send in each coupon to Citi and they'll credit $10 to your account for each rebate coupon?


When I enrolled in this offer I got a $ 40 check after 3 months. I don't know if the delay was a processing delay or that I made a purchase on that card and also paid the protector fee of $.2 the previous month. Never used it again.


They send you four $10 coupons which can be used only within a timeframe.

So to get $40, you need to wait atleast a year; ofcourse by paying the fee during this period.

Not a good deal!


KR4056 said: They send you four $10 coupons which can be used only within a timeframe.

So to get $40, you need to wait atleast a year; ofcourse by paying the fee during this period.

Not a good deal!


I spoke with CSR and she confirmed that it is a single $40 rebate, not 4 $10 rebates. This is consistant with the wording of the offer: Get a $40 rebate coupon (valid for any purchase).

Edit: She also said the rebate takes about 6-8 weeks for processing from when mailed in.


you are right, this is single $40 rebate, I got it, it took me 7 weeks
plus when you cancel the service, they will offer you another $40 rebates which are four $10 coupons, you have to send in $10 each month

dsru said: KR4056 said: They send you four $10 coupons which can be used only within a timeframe.

So to get $40, you need to wait atleast a year; ofcourse by paying the fee during this period.

Not a good deal!


I spoke with CSR and she confirmed that it is a single $40 rebate, not 4 $10 rebates. This is consistant with the wording of the offer: Get a $40 rebate coupon (valid for any purchase).

Edit: She also said the rebate takes about 6-8 weeks for processing from when mailed in.


in what form does the $40 rebate come in?

does it automatically apply to your account or do you want to sent ina rebate?


PERFECT. I am buying a house next month. Will take my 2 months of cancellations and $40 for each of 2 accounts then cancel. Will be ahead for sure!


redsox9547 said: PERFECT. I am buying a house next month. Will take my 2 months of cancellations and $40 for each of 2 accounts then cancel. Will be ahead for sure!

at an qualifing event (moving to new home) - all u do is dont pay min balance - but interest will still continue to acrue - right?


Thanks OP, I love free money.


Remember: even if you pay off balances fully at due date - u will still be charged a fee.


from FAQ:
If you do have a New Balance on the closing date for that billing period shown on your statement and pay it before the Payment Due Date, you will still be charged a fee.


so to effectively get the $40 - u should not use the card at all... and claim $40 and them use it...


redindian said: Remember: even if you pay off balances fully at due date - u will still be charged a fee.


from FAQ:
If you do have a New Balance on the closing date for that billing period shown on your statement and pay it before the Payment Due Date, you will still be charged a fee.


so to effectively get the $40 - u should not use the card at all... and claim $40 and them use it...


You can still use the card, just pay the balance before your statement closing date.


Yet another sweet FW deal. No balance - no downside risk. Thanks OP.


awesome, just 'paid' my impulse purchase in hot deals! {bought a gmc mitre saw from Amazon


Nice...I'll enroll when I get home...free money is always good!


tried signing up again using other citicards and it wouldn't let me


2. I enroll and receive my rebate coupon --> How?

I just enrolled but no email yet. When and how will I receive the rebate coupon / form. I just made a purchase and I am about to pay it off.. Let me know...

Thanks,
Venky.


dsru said: redindian said: Remember: even if you pay off balances fully at due date - u will still be charged a fee.


from FAQ:
If you do have a New Balance on the closing date for that billing period shown on your statement and pay it before the Payment Due Date, you will still be charged a fee.


so to effectively get the $40 - u should not use the card at all... and claim $40 and them use it...


You can still use the card, just pay the balance before your statement closing date.


Exactly, it's been that way for a while.

from FAQ:

Q What if I have a zero balance on my card?
A If you have no New Balance on the closing date for a billing period, you will NOT be charged the Credit Protector fee. If you do have a New Balance on the closing date for that billing period shown on your statement and pay it before the Payment Due Date, you will still be charged a fee.


kofman said: tried signing up again using other citicards and it wouldn't let me


I just signed up for my 2 citi cards. I can confirm that it works for citi AMEX also. Hope i get two $40 rebate coupons


So I sign up for $40, but when do we cancel since it takes 7 weeks to get the funds?


Doesn't work for Sears Premier Gold Citi MasterCard


Paymon said: So I sign up for $40, but when do we cancel since it takes 7 weeks to get the funds?

Yes, cancel. You still get the check.


yijiepeng said: you are right, this is single $40 rebate, I got it, it took me 7 weeks
plus when you cancel the service, they will offer you another $40 rebates which are four $10 coupons, you have to send in $10 each month

dsru said: KR4056 said: They send you four $10 coupons which can be used only within a timeframe.

So to get $40, you need to wait atleast a year; ofcourse by paying the fee during this period.

Not a good deal!


I spoke with CSR and she confirmed that it is a single $40 rebate, not 4 $10 rebates. This is consistant with the wording of the offer: Get a $40 rebate coupon (valid for any purchase).

Edit: She also said the rebate takes about 6-8 weeks for processing from when mailed in.



How were you able to coax them into giving you another $40? What was your reason for cancelling?

Thanks


It took me full 4 months to get my rebate..No more.


Watch out on expecting rebates from multiple Citicards. The rebate company wouldn't let me redeem my second set of rebate coupons because they said it violated terms and conditions of limit one per household. Has anyone had this problem and fought it successfully? I might be able to fight this on the technicality that each rebate coupon has a unique department that it is addressed to. It's pretty devious that they send out a credit protector rebate for each card, but don't tell you that they can only honor a rebate on one card.


Skipping 83 Messages...

Got the 1st $40 check. The 2nd $40 rebate has appeared on rebatestatus.com

One point : the rebates have the same ID code, so the new item will overwrite the old one, so try to stagger the rebates a bit.

[edit : btw, the reason I am churning this one and not the $100 gas rebate is because I don't drive. I suppose I can raid gas stations' trashcans...]




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