The is an improved rewards credit card with the ability to transfer points to airlines miles as well as an added $100 annual hotel savings benefit. Right now, they have a highest-ever limited time offer of 80,000 bonus points (redeemable $800 in gift cards at thankyou.com) Here are the highlights:
- 80,000 bonus ThankYou points after $4,000 in purchases in the first 3 months
- 3X points at Supermarkets
- 3X points at Restaurants
- 3X points on Gas Stations, Air Travel, and Hotels
- 1X points on all other purchases
- $100 Annual Hotel Savings Benefit
- Points Transfer allows you to transfer points to participating airline and hotel loyalty programs
- No foreign transaction fees
- $95 annual fee.
Note the following fine print which mentions other ThankYou-related Citi cards:
Bonus ThankYou® Points are not available if you received a new cardmember bonus for Citi Rewards+®, Citi ThankYou® Preferred, Citi ThankYou® Premier/Citi Premier® or Citi Prestige®, or if you have closed any of these accounts, in the past 24 months.
$100 Annual Hotel Savings Benefit details.
Once per calendar year, enjoy $100 off a single hotel stay of $500 or more, excluding taxes and fees, when booked through thankyou.com or 1-800-THANKYOU (powered by cxLoyalty) and subject to the additional requirements stated below. For speech or hearing impaired TTY: Use 711 or other relay service. To receive the $100 annual hotel savings, you must pre-pay for your complete stay with your Citi Premier Card, ThankYou Points, or a combination thereof. If you choose to use the benefit, the $100 annual hotel savings will be applied at the time of booking.
Note: In 2020, the Citi Premier card eliminated the 25% points bonus when redeemed for travel booked at Thankyou.com.
80,000 ThankYou points = $800 in gift cards. You can view your redemption options at ThankYou.com. I took a quick look and it takes 10,000 ThankYou (TY) points to redeem for a $100 gift card to retailers like Lowe’s, Home Depot, Gap, Banana Republic, Barnes & Noble, Bath and Body Works, Bed Bath & Beyond, Cabelas, Kohl’s, Land’s End, LL Bean, Sears, and Zappos. So with 80,000 TY points, you could get eight $100 gift cards from different stores (handy for gifts), or all from the same store. You may also be able to find options to send a check towards your mortgage payment and/or student loan payment.
Personally, my default redemption is for Home Depot and/or Lowe’s. As a homeowner, there is always an appliance or home-improvement purchase around the corner.
Hotel points and airline miles transfer options. Citi ThankYou points are also now available to transfer to certain airline mileage programs on a 1:1 basis including JetBlue TrueBlue, Virgin Atlantic, Singapore Airlines, Cathay Pacific, EVA Air, Etihad, Flying Blue by Air France and KLM, and Thai Airways.
For example, 80,000 ThankYou points can be transferred to 80,000 JetBlue TrueBlue points, which can then be redeemed free airfare at a ratio that varies between 1.1 cents per point and 1.6 cents per point. Even if you are conservative, this still works out to over $880 in JetBlue airfare.
Alternatively, 60,000 TY points can also get you 60,000 Singapore Airlines KrisFlyer miles. If you know how to redeem these points wisely and like to fly in international business class, you can get a lot of value. For example, Singapore Airlines has some very nice award options and great customer service.
Amazon and Best Buy. You can also use the “Pay with Points” features at Amazon and Best Buy, but you will only get 0.8 cents per ThankYou points in value at Amazon. For example, 80,000 ThankYou points will offset $640 in Amazon.com purchases.
Bottom line. The is a rewards travel card with 3X points on restaurants, supermarkets, gas stations, air travel and hotels, along with a $95 annual fee. Currently, new cardholders can get a sign-up bonus of 80,000 ThankYou point that can be redeemed in a variety of ways.
I will be adding this to the .
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