How Does Citi 24-Month Rule Work And Can You Have Two Citi Premier Cards

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How Does Citi 24-Month Rule Work And Can You Have Two Citi Premier Cards


Citi Premier Credit Card currently offers an all-time high sign-up of 80,000 bonus ThankYou points right now. If you are looking to apply for the Citi Premier Credit Card to receive the welcome offer, there are a few application rules and sign-up bonus eligibility information that are worth knowing before applying for the card for approval. 

My goal in this post is to help answer some commonly asked questions below. 

Photo Credit: Citi

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    Does Citi 8/65 rule apply to the Citi Premier card?

    Yes. Citi will only approve you under the following conditions:
    • One (1) Citi card every eight (8) days and,
    • No more than two (2) Citi cards every sixty-five (65) days. 

    How does Citi 24-month rule work for the Citi Premier card?

    According to the Citi Premier Credit Card sign-up bonus offer terms:

    Bonus ThankYou Points welcome offer is not available if you received a new cardmember bonus for Citi Rewards+ Credit Card, Citi Preferred Credit Card, Citi Premier Credit Card, or Citi Prestige Credit Card, or if you have closed any of these accounts, in the past 24 months.

    • The 24-month rule starts from when you last received the sign-up bonus, not the time you opened or were approved for the card
      • For example, you applied and were approved for the Citi Premier Credit Card in July 2019, and you received the welcome bonus points offer in August 2019. So after August 2021 (2 years later), you are eligible to receive the sign-up bonus offer again. 
    • If you already closed the card, you will also have to wait 24 months from when you closed the card
    • In summary, if you still have the card open and you received the bonus 24 months ago, you can get the bonus again. However, if you closed the card you will have to wait 24 months from the date you closed before getting another sign-up bonus. 

    How long do you have to wait after closing your Citi Premier card before applying for another Citi Premier card?

    If you closed a Citi Premier Credit Card in the past, you will have to wait 24 months or 2 years from the date when you closed the card to be eligible for the sign-up bonus again. That's why it's better to keep the card open as you can for at least 24 months, and then apply for a second Premier card to receive the sign-up bonus again. 

    It is also important to note that, the same rule applies if you closed the following Citi credit cards, you must wait 24 months from the card's closure date: 
    • Citi Rewards+ Credit Card
    • Citi Preferred Credit Card
    • Citi Prestige Credit Card

    Can I apply for two Citi credit cards at the same time?

    Unfortunately not. 

    Citi has an 8/65 application rule that you can only apply for 1 Citi card every 8 days and no more than 2 Citi cards every 65 days. In other words, after 65 days, you can apply for another Citi credit card. 

    Moreover, please note also that after 65 days of getting a Citi Premier Credit Card, if you want to apply for a second Citi credit card such as Citi Rewards+ Credit Card, Citi Preferred Credit Card, or Citi Prestige Credit Card, you will NOT be eligible to receive that card's sign-up bonus. 

    It's worth mentioning too that for Citi business credit cards, you can only apply for 1 Citi business credit card every 95 days.

    Can I apply for the Citi Premier card if I already have a Citi Premier card to get the sign-up bonus?

    If your goal is to receive the Citi Premier Credit Card sign-up bonus twice, you must wait 24 months from when you last received the first Premier card's sign-up bonus. 

    The good news is, after 24 months, you don't have to cancel or close your previous Premier card to apply for a second Premier card. This helps in a way that if your second Premier card is not approved, you can still keep your first Premier card. On the other hand, if your second Premier card is approved, you can decide whether to close or downgrade your first Premier card to another Citi credit card. 

    Should I close or downgrade my Citi Premier card first and apply for the second Citi Premier card?

    No. You do not have to do that. See above. 

    Can I apply for a second Citi Premier card and then downgrade the first Premier card to another no annual fee Citi ThankYou points card?

    Absolutely. In fact, this is one of my favorable strategies to earn a high sign-up bonus on a Citi ThankYou (TY) points credit card. Here's why:

    For example, you want to get the new Citi Custom Cash Credit Card because of its lucrative 5x ThankYou points per $1 spent on top eligible spending category each billing cycle, or you want to get the Citi Rewards+ Credit Card because of its 10% rebate on ThankYou points redemption, but the sign-up bonus offers on those credit cards are pretty low. Therefore, it's much better to sign up for a second Citi Premier Credit Card, receive a much higher sign-up 80,000 bonus points offer, then downgrade the first Premier card to one of those cards instead. Doing so will also keep your ThankYou points alive


    Can I apply and receive the Premier card's sign-up bonus if I already received the sign-up bonus offer on another Citi credit card?

    It depends on which Citi credit card and when you received that card's sign-up bonus. If that Citi credit card is not included in the list below, then you are good to go!

    Citi Premier card's welcome offer terms clearly state that you are not eligible for the sign-up bonus if you have received a new cardmember bonus for the following Citi credit cards in the past 24 months:
    • Citi Rewards+ Credit Card
    • Citi Preferred Credit Card
    • Citi Premier Credit Card
    • Citi Prestige Credit Card

    Additionally, you are also not eligible for the sign-up bonus offer if you have closed any of the above-mentioned accounts, in the past 24 months.

    Can a Citi Premier card's authorized user apply for the Citi Premier card?

    Yes. Citi does not consider you as the Premier card's account holder if you are just an authorized user on that card. 

    Similarly, anyone that is an authorized user on your Citi Premier Credit Card, that person can apply for the Premier card on their own and get the sign-up bonus if s/he meets all the welcome offer's eligibility. See the checklist below.

    Can a Citi Premier card's authorized user apply for the Citi Premier card and earn the sign-up bonus?

    Yes. Being an authorized user (AU) is not the same as the primary cardholder. Although you have a Citi Premier Credit Card with your name on it as an authorized user, you are not the account holder and therefore you do not have the Premier card's account as far as Citi is concerned. 

    Therefore, If you are an authorized user on a Citi Premier Credit Card, you can apply for the Premier card on your own, get the sign-up bonus, and be the primary cardholder of that account. In other words, an authorized user of the Premier card can apply for the Premier card. Authorized users are also eligible for the Premier card's sign-up bonus if they meet all the offer's eligibility. See the checklist below. 

    Citi Premier Card's Application and Sign-up Bonus Eligibility Checklists

    • You have not applied and been approved for 1 Citi credit card already in the last 8 days. 
    • You have not applied and been approved for 2 Citi cards already in the last 65 days. 
    • You have not received the sign-up bonus of the following Citi credit cards in the past 24 months:
      • Citi Rewards+ Credit Card
      • Citi Preferred Credit Card
      • Citi Premier Credit Card
      • Citi Prestige Credit Card
    • Citi's 24-month rule starts from when you last received the sign-up bonus, not when you opened or were approved for the card. 
    • If you already closed your Citi Premier Credit Card, you will have to wait 24 months from when you closed the card. The date that you were approved for the card or received the sign-up bonus does not matter anymore. 
    • The same rule applies if you closed the following Citi credit cards. You must wait 24 months from the card's closure date: 
      • Citi Rewards+ Credit Card
      • Citi Preferred Credit Card
      • Citi Prestige Credit Card
    • There's no need to close or downgrade your current Citi Premier Credit Card to apply for another Premier card to receive the sign-up bonus again once you meet the offer's eligibility terms again. 
    • An authorized user (AU) on the Citi Premier Credit Card is not considered a primary cardholder, and therefore, the AU can apply for the Premier card and receive the sign-up bonus once s/he meets the offer's eligibility terms.

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    PL

    Posted by: PL

    Hello there! People call me PL and I am a points blogger. Obsessed with using points and miles to elevate travel experiences to explore the world. Enjoy finer things in life and good food. I have a day job, this points blog is mainly my hobby and my contribution back to the points community. If you enjoy reading this post, please help me share it! If you enjoy what you read here, please make sure you subscribe or follow this blog on social media so that you will be notified when there's a new blog's post. I thank you for reading this blog. Your support means a lot to me and it is what makes this blog's work worthwhile. If I can be of any help, you can contact me: thepointslife at gmail dot com

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