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OK 'sunshine' !!!
I bet you haven't actually got those points (from Citibank) in your CB account as yet!
Mate, I've tried just that before, and it doesn't work as smoothly as that!
I was on the phone to CB Rewards the other day... chasing up my last lot of points from a balance transfer five (5) weeks ago! I still haven't got those points yet. CB state, it takes 4 - 6 weeks for them to upload points to a card holder's Rewards account.
To transfer funds back and forward... WITHOUT getting the points for the FIRST balance transfer is risking the whole lot!
Remember, according to the rules of the card issuers (banks).... points are a privilege... not a right!
While CB does allow three (3) BTs with points awarded, you may be stretching the friendship to do all three so close together.
What's the 'jury' say out there? Anybody got thoughts on this practise? What can 'we' really expect to 'get away with'....
regards,
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