Citi thankyou rewards - Revision history

Editor: /* Hotel transfer partners */

2021-10-28T22:31:28Z

‎Hotel transfer partners

Editor: /* Hotel transfer partners */

2021-10-28T22:31:11Z

‎Hotel transfer partners

Editor: /* Hotel transfer partners */

2021-10-28T22:30:37Z

‎Hotel transfer partners

Editor at 22:28, 28 October 2021

2021-10-28T22:28:42Z

Editor: /* Airline transfer partners */

2021-07-20T19:40:27Z

‎Airline transfer partners

Editor: /* Airline transfer partners */

2021-07-20T19:39:57Z

‎Airline transfer partners

Editor at 22:18, 5 July 2021

2021-07-05T22:18:50Z

Editor: /* Bonus category opportunities */

2021-06-10T23:26:10Z

‎Bonus category opportunities

Editor: /* Collecting multiple signup bonuses */

2021-06-10T23:23:38Z

‎Collecting multiple signup bonuses

Editor: /* ThankYou Reward credit cards */

2021-06-10T23:20:08Z

‎ThankYou Reward credit cards

@@ Line 82: / Line 82: @@
 Don't forget that you can also use Choice points to book many of the fancy hotels in the Preferred Resorts and Hotel program. {{Link|choice preferred}}.
-.5 Hilton points is only worth about {{Value|Hilton|1.5}} cents. That is even less than what you can get by "cashing out" your points.
+.5 Hilton points are only worth about {{Value|Hilton|1.5}} cents. That is even less than what you can get by "cashing out" your points.
 {{Table|center|6in}}

@@ Line 80: / Line 80: @@
 Choice points are worth about {{Value|Choice|2}} cents. That's decent value for your ThankYou points, and you can easily get more value per point on many Choice hotel redemptions. When you get an opportunity to make a high-value Choice redmeption, most people will be better off transferring their ThankYou points, rather than purchasing Choice points for .8 cents each using the Cash & Points trick. Every time you can find a good redemption, you are essentially getting 1.6 cents in value from using your ThankYou points rather than purchasing Choice points.
-Don't forget that you can also use Choice points to book many of the fancy hotels in the Preferred Resorts and Hotel program. {{Link|preferred}}.
+Don't forget that you can also use Choice points to book many of the fancy hotels in the Preferred Resorts and Hotel program. {{Link|choice preferred}}.
 .5 Hilton points is only worth about {{Value|Hilton|1.5}} cents. That is even less than what you can get by "cashing out" your points.

@@ Line 78: / Line 78: @@
 === Hotel transfer partners ===
-.0 Choice points is worth about {{Value|Choice|2}} cents. That's pretty good value for your points, and you are likely to get more on many hotel redemptions. When you get an opportunity to make a high-value Choice redmeption, most people will be better off transferring their ThankYou points, rather than purchasing Choice points for .8 cents each using the Cash & Points trick. Every time you can find a good redemption, you are getting 1.6 cents in value from using your ThankYou points rather than purchasing Choice points.
+Choice points are worth about {{Value|Choice|2}} cents. That's decent value for your ThankYou points, and you can easily get more value per point on many Choice hotel redemptions. When you get an opportunity to make a high-value Choice redmeption, most people will be better off transferring their ThankYou points, rather than purchasing Choice points for .8 cents each using the Cash & Points trick. Every time you can find a good redemption, you are essentially getting 1.6 cents in value from using your ThankYou points rather than purchasing Choice points.
 .5 Hilton points is only worth about {{Value|Hilton|1.5}} cents. That is even less than what you can get by "cashing out" your points.

@@ Line 7: / Line 7: @@
 <blockquote>
-Along with Ultimate Rewards and Membership Rewards, ThankYou Rewards is one of the three big bank-run rewards programs where you can convert your credit card points into miles with your choice of a number of different frequent flyer programs.
+Along with Ultimate Rewards and Membership Rewards, ThankYou Rewards is one of the three big bank-run rewards programs where you can convert your credit card points into miles with your choice of a number of different frequent flyer programs. You can also get good value using your points for hotels in the Choice hotel program.
 </blockquote>
@@ Line 16: / Line 16: @@
 And even if you don't think ThankYou Rewards is quite as good as the other two programs, you can still get great value by collecting their signup bonuses and using your points for free airplane tickets.
-Even if you don’t want to mess with finding awards space, you can still use your points, at 1 or more cents each, to purchase travel through Citibank’s website. So a 60,000 point signup bonus is still worth at least $600-660 in cash and often considerably more.
+Even if you don’t want to mess with finding awards space, you can still use your points, at 1 or more cents each, to purchase travel through Citibank’s website or on a 2 for 1 basis to book hotel nights through Choice. So a 60,000 point signup bonus is still worth at least $600-660 in cash and often considerably more.
 {{TOC}}
@@ Line 77: / Line 77: @@
 === Hotel transfer partners ===
 .5 Hilton points is only worth about {{Value|Hilton|1.5}} cents. That is even less than what you can get by "cashing out" your points.
 {{Table|center|6in}}
 |style="width: 25%;"|'''Hilton''' (1000:1500)
 |style="width: 25%;"|''' '''
 |style="width: 25%;"|''' '''

@@ Line 44: / Line 44: @@
 |'''Singapore''' (KrisFlyer)
 |'''Air France / KLM''' (Flying Blue)
-|'''American'''*
+|'''American''' (until Nov 13)
 |'''Jet Blue'''
 |-

@@ Line 44: / Line 44: @@
 |'''Singapore''' (KrisFlyer)
 |'''Air France / KLM''' (Flying Blue)
-|'''Cathay Pacific''' (Asia Miles)
+|'''American'''*
 |'''Jet Blue'''
 |-
 |'''Turkish Airlines'''<br/>&nbsp;
 |'''Aeromexico'''
-|'''Qantas'''
+|'''Cathay Pacific''' (Asia Miles)
 |'''Emirates'''
 |-
 |'''Avianca'''
 |''' '''
-|'''Malaysia'''
+|'''Qantas'''
 |'''Virgin Atlantic'''
 |-
 |'''EVA Air'''<br/>&nbsp;
 |''' '''
-|''' '''
+|'''Malaysia'''
 |'''Etihad'''
 |-

@@ Line 98: / Line 98: @@
 <li>'''If you have an opportunity to fly Jet Blue, you can always get decent value from your points'''. They operate a fixed-value frequent flyer program where the number of miles you need is based roughly on the price of the ticket. You get around 1.2 - 1.5 cents per mile on pretty much every flight, without having to worry about award availability.</li>
-<li>'''If you have the Citi Prestige or Premier card, you can convert your points to directly to cash'''. You'll receive 1 cent per point. This is more convenient than buying gift cards or travel. You've got two options. You can redeem increments as small as $10 directly to your credit card statement ([//www.thankyou.com/tyProductDetailStmtCredit.htm?productId=7000SCR link]) or you can redeem in $50 increments and receive as a check in a week or two ([//www.thankyou.com/tyProductDetail.htm?productId=7000CR&src=TYUSENG link]).</li>
+<li>'''If you have the Citi Premier (or Prestige) Card, you can convert your points to directly to cash'''. You'll receive 1 cent per point. This is more convenient than buying gift cards or travel. You've got two options. You can redeem increments as small as $10 directly to your credit card statement ([//www.thankyou.com/tyProductDetailStmtCredit.htm?productId=7000SCR link]) or you can redeem in $50 increments and receive as a check in a week or two ([//www.thankyou.com/tyProductDetail.htm?productId=7000CR&src=TYUSENG link]).</li>
 {{Image|CitiStatementCredit.png}}
@@ Line 118: / Line 118: @@
 !style="width: 2.5in;"|Bonus Categories
 !style="width: .75in;"|Effective Annual Fee
 |-
 |{{Card|CitiPremier|short}}
@@ Line 165: / Line 154: @@
 {{/Table}}
-The points you earn from the Double Cash, Custom Cash, Citi Reward+, and the AT&T cards can’t normally be transferred to frequent flyer programs. However, if you have the Citi Prestige or Premier cards, you can temporarily transfer your points to the account associated with that card and then onto one of Citibank's airline partners.
+The points you earn from the Double Cash, Custom Cash, Citi Reward+, and the AT&T cards can’t normally be transferred to frequent flyer programs. However, if you have the Citi Premier Card (or discontinued Citi Prestige Card), you can temporarily transfer your points to the account associated with that card and then onto one of Citibank's airline partners.
 === Collecting multiple signup bonuses ===
 <ul class="bulletlist">
-<li>'''You can earn at least one ThankYou point signup bonus every 24 months'''. You can only earn the signup bonus on a Prestige, Premier, Preferred, or Rewards+ cards,  if you haven't opened or closed any of these cards in the past 24 months. For example, getting or closing a Premier Card blocks you from earning a bonus on the Prestige Card for next 24 months.  However, while closing a card resets the clock, converting a card should not. You can convert to almost any Citibank card, but you'll usually want to convert to a Reward+ card to keep access to any ThankYou points that are still associated with the card.</li>
+<li>'''You can earn at least one ThankYou point signup bonus every 24 months'''. You can only earn the signup bonus on a Premier, Preferred, or Rewards+ cards,  f you haven't opened or closed any of these cards in the past 24 months. For example, getting or closing a Rewards+ Card blocks you from earning a bonus on the Premier Card for next 24 months.  However, while closing a card resets the clock, converting a card should not. You can convert to almost any Citibank card, but you'll usually want to convert to a Reward+ or Custom Cash Card to keep access to any ThankYou points that are still associated with the card.</li>
-Even though they can earn ThankYou points, the AT&T Access, Custom Cash, and Double Cash cards don't count as part of the same "family". Opening and closing them has no affect on your eligibility for the other ThankYou cards. You should be able to collect bonuses on these other cards (if any) every 24 months.
+Even though they can earn ThankYou points, the AT&T Access, Custom Cash, and Double Cash cards don't count as part of the same "family" in terms of getting signup bonuses. Opening and closing them has no affect on your eligibility for the other ThankYou cards. You should be able to collect bonuses on these other cards (if any) every 24 months.
 <li>'''Be careful about cancelling your cards'''. If you cancel a ThankYou card, you will only have 60 days to use any associated points, even if you still have another ThankYou card still open. In addition, you will reset the clock for earning a new bonus. If you no longer want the card, convert it to a Rewards+ card. If you have an extra Rewards+ card and you've already spent all the points you've earned with the account, cancel it right after applying for a new ThankYou card. That way, you won't need to wait more than the same 24 months before your next bonus.</li>
-<li>'''If you are collecting signup bonuses, you should try to collect a major bonus every two years'''. Even if you want to hold onto both the Premier or Prestige card, you can convert one of them to a Reward+ card and then apply for a new Premier or Prestige card. The Premier card usually has the better signup bonus.</li>
+<li>'''If you are collecting signup bonuses, you should try to collect the Premier bonus every two years'''. Even if you want to hold onto the Premier Card, you can convert it to a Reward+ or Custom Cash Card and then apply for a new one.</li>
-<li>'''Avoid earning the signup bonus on the Rewards+ card'''. It will block you from earning a more lucrative bonus from one of the other cards. Either wait to get one until it is time to get rid of one of your other ThankYou cards or apply for it a couple of weeks after you apply for one of the other cards (and make sure you don't earn the signup bonus on it before you earn the bonus on the other card).</li>
+<li>'''Avoid earning the signup bonus on the Rewards+ card'''. It will block you from earning a more lucrative bonus from the Premier Card. Either wait to get one until it is time to get rid of one of your other ThankYou cards or apply for it a couple of weeks after you apply for the Premier Card (and make sure you don't earn the signup bonus on it before you earn the bonus on the other card).</li>
 </ul>
@@ Line 194: / Line 179: @@
 <li>'''The Citi Premier card is the most well-rounded bonus category card available'''. For $95, you earn 3x transferable points on all of the major bonus categories: travel, restaurants, groceries, and gas. However, bonus points on travel are are only available for airfare, online travel agencies, and hotels. While you can earn more valuable rewards in specific categories with some other cards, the Premier and Double Cash combination is the most straightforward way to optimize the number of frequent flyer miles you earn from your spending, especially if you aren't willing and able to get business cards.</li>
-<li>'''The Citi Prestige card boosts your travel and restaurant rewards even higher'''. It earns an extra 2x points on restaurants, airfare, and online travel agencies (and an extra point on cruises). You can multiply your expected spending in these categories by the value of 2 Thank You points ({{Value|TY|2}} cents per point) to see if it is worth paying the Citi Prestige card's effective $245 annual fee. Take into consideration that if you have the Amex Platinum or Sapphire Reserve card, you may want to use those for your airfare spending, in order to take advantage of their travel insurance benefits.</li>
+<li>'''If you still have it, the discontinued Citi Prestige card boosts your travel and restaurant rewards even higher'''. It earns an extra 2x points on restaurants, airfare, and online travel agencies (and an extra point on cruises). However, if you have the Amex Platinum or Sapphire Reserve card, you may want to use those for your airfare spending, in order to take advantage of their travel insurance benefits.</li>
-<li>'''The Custom Cash Card provide another boost to your rewards by allowing you to earn extra rewards in one category per month'''. If you are able to max out the $500 cap each month, you'll earn 30,000 bonus points per year (or 18,000 more than you would earn by using your Double Cash card instead). As with points you earn from the Premier and Prestige cards, your redemption can be boosted by having a Rewards+ card. </li>
+<li>'''The Custom Cash Card provide another boost to your rewards by allowing you to earn extra rewards in one category per month'''. If you are able to max out the $500 cap each month, you'll earn 30,000 bonus points per year (or 18,000 more than you would earn by using your Double Cash card instead). As with points you earn from the Premier (and Prestige) Card, your redemption can be boosted by having a Rewards+ card. </li>
 <li>'''The AT&T Access card's bonus rewards on online shopping is no longer particularly interesting'''. You can earn the same 2x points with the Double Cash card, which also earns the 2x rewards on all other spending.</li>
@@ Line 211: / Line 196: @@
 <li>'''Rather than having a centralized ThankYou account, you start out having separate accounts for each credit card''' (or bank account). You can combine your accounts. But, if you do, the points are still associated with the credit card or bank account that earned them. If you close an account, you'll lose any unused points that were earned with that card, 60 days later.</li>
-<li>'''If you don’t want to lose your points when you cancel your card, you either need to use them, transfer them to the frequent flyer program where you expect to get the most benefit later, or convert your card to the no-annual-fee Citi Reward+ card'''. If you convert your card, and you don’t have another Citi Prestige / Premier card (in your household), you’ll lose your ability to transfer to partner loyalty programs. </li>
+<li>'''If you don’t want to lose your points when you cancel your card, you either need to use them, transfer them to the frequent flyer program where you expect to get the most benefit later, or convert your card to the no-annual-fee Citi Reward+ card'''. If you convert your card, and you don’t have another Citi Premier (or Prestige) Card (in your household), you’ll lose your ability to transfer to partner loyalty programs. </li>
 </ul>
@@ Line 217: / Line 202: @@
 <ul class="bulletlist">
-<li>'''Citigold customers get an additional $145 discount on the Citi Prestige Card's annual fee'''. This drops the effective annual fee to $100 per year. This requires $200,000 in combined assets with Citibank, but this includes assets in a brokerage account. If you have a substantial amount of existing retirement or investment accounts that you wouldn’t mind moving over to Citi, you can pay a lower fee on your Prestige Card.</li>
+<li>'''Citigold customers get an additional $145 discount on the discontinued Citi Prestige Card's annual fee'''. This drops the effective annual fee to $100 per year. This requires $200,000 in combined assets with Citibank, but this includes assets in a brokerage account. If you have a substantial amount of existing retirement or investment accounts that you wouldn’t mind moving over to Citi, you can pay a lower fee on your Prestige Card.</li>
 It has been reported online that if you were a Citigold customer and you are not any longer, you may still get the lower annual fee.

← Older revision		Revision as of 23:26, 10 June 2021
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	<li>'''The Citi Prestige card boosts your travel and restaurant rewards even higher'''. It earns an extra 2x points on restaurants, airfare, and online travel agencies (and an extra point on cruises). You can multiply your expected spending in these categories by the value of 2 Thank You points ({{Value\|TY\|2}} cents per point) to see if it is worth paying the Citi Prestige card's effective $245 annual fee. Take into consideration that if you have the Amex Platinum or Sapphire Reserve card, you may want to use those for your airfare spending, in order to take advantage of their travel insurance benefits.</li>		<li>'''The Citi Prestige card boosts your travel and restaurant rewards even higher'''. It earns an extra 2x points on restaurants, airfare, and online travel agencies (and an extra point on cruises). You can multiply your expected spending in these categories by the value of 2 Thank You points ({{Value\|TY\|2}} cents per point) to see if it is worth paying the Citi Prestige card's effective $245 annual fee. Take into consideration that if you have the Amex Platinum or Sapphire Reserve card, you may want to use those for your airfare spending, in order to take advantage of their travel insurance benefits.</li>
		+
		+	<li>'''The Custom Cash Card provide another boost to your rewards by allowing you to earn extra rewards in one category per month'''. If you are able to max out the $500 cap each month, you'll earn 30,000 bonus points per year (or 18,000 more than you would earn by using your Double Cash card instead). As with points you earn from the Premier and Prestige cards, your redemption can be boosted by having a Rewards+ card. </li>

	<li>'''The AT&T Access card's bonus rewards on online shopping is no longer particularly interesting'''. You can earn the same 2x points with the Double Cash card, which also earns the 2x rewards on all other spending.</li>		<li>'''The AT&T Access card's bonus rewards on online shopping is no longer particularly interesting'''. You can earn the same 2x points with the Double Cash card, which also earns the 2x rewards on all other spending.</li>

@@ Line 165: / Line 165: @@
 {{/Table}}
-The points you earn from the Double Cash, Citi Reward+ and the AT&T cards can’t normally be transferred to frequent flyer programs. However, if you have the Citi Prestige or Premier cards, you can temporarily transfer your points to the account associated with that card and then onto one of Citibank's airline partners.
+The points you earn from the Double Cash, Custom Cash, Citi Reward+, and the AT&T cards can’t normally be transferred to frequent flyer programs. However, if you have the Citi Prestige or Premier cards, you can temporarily transfer your points to the account associated with that card and then onto one of Citibank's airline partners.
 Because you can receive the Citi Prestige’s travel credit every calendar year, it is possible to receive up to $500 in travel credits during the first year you have the card, which covers the $495 annual fee.