Citi Sending Out Targeted $200 Sign Up Offers On Their New Double Cash Product

elPatitoFeo from myFICO recently posted a targeted sign up promotion for the new Citi bank double cash product which is offering a $200 sign up bonus when you spend $1,000 within three months. The full offer can be viewed below.

There is one other important difference between this offer and the publicly available offer, the one with a sign up bonus has an introductory APR of 0% for the first twelve months instead of the first fifteen months. Others have also reported receiving offers that have no sign up bonus, but an APR of 10.99% or an introductory 0% APR for 18 months.

It looks like Citi bank is doing some split testing to see what offers convert the best and are the most profitable for them. They did something similar when the Thank You Premier card as launched as well. If you haven’t received a targeted offer from Citi, remember you can check your pre-approved/targeted offers from them online without a hard pull, more information here.

[Read: Find out how to view all your targeted offers from different card issuers]

Already Applied For The Card?

If you’ve already applied for the card, all hope is not lost another myFICO user had success with sending a secured message to a Citi rep asking for it to be added to their account.

I noticed after I was approved for the citi double cash card, an offer went around for $200 after you spend $1000 in 90 days. Is there any chance I could be enrolled in this offer? Thanks! – jsucool76

Dear Jared,

As of 09/07/2014, your account is enrolled in a special offer to earn $200 cash back when you spend $1000 within three months. This offer expires on 12/21/2014.

Please let us know if we can be of further assistance – Citibank

More information can be found in the thread here.

Our Verdict

For those who value cash sign up bonuses this is an interesting offer. There are certainly better cash offers out there, but apart from the Barclay Arrival few of these actually earn at a high rate on non category purchases. I had planned to downgrade one of my Citi cards to this new double cash product, I didn’t really plan to use it much as I prefer to put my spend on my American Express Fidelity or Arrival but I wanted to confirm how the cash back system worked.

For now I am putting that on hold. I much prefer cash sign up bonuses to miles/points, as I already generate enough of those through work trips and manufactured spending. I’m going to keep sitting on the sidelines to see what happens with this product, there really isn’t any rush.

I’m still not convinced $200 is the highest they will offer (especially considering the Arrival offers basically $440 and a higher earning rate) so I’ll continue to sit on the sidelines and see how this plays out. Also just a reminder, for those that wanted to do a product change to this new card it’s now possible.