Citibank sponsors several credit cards. If you shop at Costco, you may use their Citibank Costco card to get 2% back each year on your purchases there. They also sponsor some American Airlines cards. Today we are talking all about their cards that earn Citi ThankYou Points. Like Chase Ultimate Rewards and American Express Membership Rewards, ThankYou points are a transferable points currency. This means that they can be transferred directly to participating airline and hotel loyalty accounts. They also can be redeemed in a travel portal to book all sorts of travel (airfare, hotels, rental cars, cruises, etc.). The flexibility of transferable points makes them the most valuable type of credit card points.
Welcome Offer: 60,000 ThankYou points after spending $4,000 within three months
Annual Fee: $95
Category spend bonuses: The Citi Premier earns 3 points per $1 spent on air travel, hotels, restaurants, supermarkets, and gas stations, and 1 point per $1 on other purchases.
Card Benefits: Annual benefit of $100 off a $500 or more hotel stay (excluding taxes and fees) when booked through thankyou.com. This card also allows you to transfer your points to various airline transfer partners and has no foreign transaction fees.
How I used the points: I transferred 75,000 ThankYou points to EVA airlines and traveled in a business class seat to Thailand one way.
Learn How to Apply: Citi Premier Card
Welcome Offer: 20,000 ThankYou points after spending $1,000 within three months
Annual Fee: No Annual Fee
Category spend bonuses: This is the only credit card that automatically rounds up to the nearest 10 points on every purchase. A $2 drink earns 10 points. If you spend $112 on clothing, you will get 120 points. The card also earns 2 points per $1 spent at supermarkets and at gas stations (up to $6,000 per year) and 1 point per $1 spent on everything else.
Card Benefits: You will earn 10% of your points back for the first 100,000 points you redeem each year. This includes points you have earned on other Citi ThankYou cards if you have linked your accounts. The card also comes with a 0% introductory APR for the first 15 months.
Learn How to Apply: Citi Rewards+
The Citi Double Cash is actually a cashback card BUT you have the option to convert that cashback into ThankYou points! This card earns 2% back on all your purchases (1% when you make your purchase and another 1% when you pay your bill). You would only want to convert your cashback into ThankYou points if you have the Citi Premier card. Check out this post from our friends over at Travel Freely to learn more about how this card works and why it’s a great addition to your Citi Prestige or Citi Premier card.
Citi has a lot of great transfer partners if you travel internationally. If you want to get into airline alliances then you can open up more opportunities to use your points. For example, you can transfer your ThankYou points to Turkish Airlines and book super cheap flights to Hawaii while flying United Airlines (note- it can be hard to find availability!)
When it comes to applying for Citi credit cards there is one major rule to be aware of. You will not earn a signup bonus for a ThankYou points earning card if you have opened or closed one in the past 24 months. This includes any credit card in the same family.
There are many different types of points a travel hacker can collect. ThankYou points are another type of points that are worth getting. Once you are over the Chase 5/24 rule, it is time to look at other credit cards and their bonus points. Therefore, ThankYou points may be for you. I have had great success using my points for travel and you can too!
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