I am with safari. I didn't take on near that much credit, but borrowed about $20k for a year.
Of course, I was able to lock in a 5.7% CD for 16 months. The CD expires when the amount is due (a few more months for me).
It was VERY little work for an easy $1k. So I wouldn't really agree it is "a lot of work for a little return." Though interest rates were much more favorable last year.
I think Safari answered your questions though - Citi makes it VERY easy.
Plus on top of that there were ThankYou rewards so I made an easy $100 in Target gift cards (opened 2 cards).
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