Difference between revisions of "Citi premier card"

Latest revision as of 16:32, 8 July 2021

If you are comfortable using your points for frequent flyer tickets and aren't willing or able to use business cards, the Citi Premier and Double Cash combo is the best way to earn rewards on your credit card spending. For a total of $95 in annual fees, you'll earn 3x points on restaurants, groceries, gas, and most travel expenses, and 2x points on everything else. You can then get extra value from your points by transferring them to one of a dozen different frequent flyer programs.

The Citi Premier is the most well-rounded bonus reward card available, with good reward rates on each of the major bonus categories. It also offers the most lucrative ThankYou signup bonus and unlocks your ability to transfer ThankYou points to airline partners.

Jump to

Intro to ThankYou Points
Signup Bonus
Notable Benefits
Bonus Categories
Getting Rid of the Card

ThankYou points can be transferred to many different frequent flyer programs. his gives you the flexibility to take advantage of award space on over a hundred different airlines. In many cases, you can choose to book a flight through one of several different partner programs, allowing you to take advantage of whichever program requires the fewest miles and fees for your trip.
ThankYou Rewards occasionally offers promotional transfer bonuses. When the promotion is active, you'll get extra airline miles when you transfer your ThankYou Reward points to a specific airline. For example, if Citibank is offering a 40% bonus for British Airways, you'll receive 14,000 British Airways points for every 10,000 ThankYou points you transfer. See Take Advantage of Transfer Bonuses to Get More Value from Your Reward Points for more information or visit Frequent Miler’s Current Transfer Bonuses page for a list of current (and past) promotions.
You can also "cash out" your points at 1 cent each. Citi Premier and Prestige customers can very easily convert their points to cash.
If you have the no-annual-fee Citi Rewards+ card, you get a 10% rebate on your points redemptions. This is capped at to your first 100,000 points of redemptions each year. For example, if you transfer 50,000 points to British Airways, you'll get 5,000 points back. This gives you an easy boost of 11% to point values, regardless if you convert your points to frequent flyer tickets or cash them out.
We value ThankYou points at 1.5 cents each. Because you can take advantage of award space and "sweet spots" from many different frequent flyer programs and the occasional transfer bonus, ThankYou points are generally worth more than any single type of airline miles. If you highly valuable premium-cabin award tickets, ThankYou points are worth even more. But because Citibank has a weaker set of airline partners, ThankYou points are typically somewhat less valuable than Membership Rewards points. On the other hand, if you expect to be able to take advantage of Turkish Airlines awards for domestic and Hawaii travel on United Airlines, they may actually be more valuable the other types of bank points. How Much are Points Worth?
If you aren't comfortable using your points for frequent flyer tickets, they are only worth 1 cent each. Unlike Chase's Ultimate Rewards, transfer rates for hotel programs aren't very attractive, there are no fixed-value airline partners (like Southwest), and there is no cash out option for greater than 1 cent per point.

Collecting the Signup Bonus

It is worth signing up for this card just to collect the signup bonus. The typical signup bonus is 60,000 ThankYou points, valued at $900 (at 1.5 cents per point). After subtracting the annual fee and the opportunity cost of using the card for $4,000 of spending, the calculated net value for the initial year is $700 (18 cents per dollar spent). Your value may be higher or lower, depending on how much you value ThankYou points.. How Much are Points Worth?
You can only collect one signup bonus every 24 months from the Citi ThankYou card family. More accurately, you can't collect a signup bonus within 24 months of signing up for, or cancelling, the Citi Prestige, Citi Premier, Citi Preferred, or Citi Rewards+ card. While cancelling a card resets the clock, converting a card from one to another usually does not. This special signup bonus restriction doesn't apply to the Custom Cash, Double Cash or AT&T card, even though they can earn ThankYou points.
To maximize the bonuses you collect from Citi's ThankYou cards, carefully time when you cancel your cards. If you don't want a card after your initial year, convert it to the no-annual-fee Rewards+ or Custom Cash card instead. A year later, you'll be eligible for a new signup offer. If you want to cancel an extra Rewards+ or Custom Cash Card, you should wait until just after been approved for one of their other cards, so it doesn't separately reset the clock. And you need to remember to avoid cancelling any card that still has points associated with it.

Notable Benefits

Annual $100 hotel savings benefit. Once per calendar year, you can save $100 off any hotel reservation of at least $500 that you make through Citibank's website. Since rates on this website are usually higher than what you can find elsewhere (and don't entitle you to participate in the hotel's own loyalty program), you typicall won't get full value from this benefit, but you can often save at least some money.
Elite car rental status. As with all World Elite MasterCards, you get free National Emerald Club Executive and Sixt Platinum status. Instant Car Rental Elite Status.
Access to Mastercard's luxury hotel program. Another benefit of high-end MasterCards is access to MasterCard's luxury hotel program. When you use the program to book one of the participating hotels, you'll get a number of valuable benefits, like free breakfast, a $100 hotel credit, a room upgrade, and late checkout.Take Advantage of Luxury Hotel Programs for Valuable Extra Perks.
Free ShopRunner membership. Like all World Elite MasterCards, your card entitles you to a complimentary ShopRunner membership, which provides free two-day and return shipping from around 150 of the largest online retailers. ShopRunner.
DoorDash and Hello Fresh discounts. Cardmembers who have a DoorDash membership get $5 off their first two orders each month when paid for by their Mastercard. If you don't have a free membership from Chase, you can get your first three months membership for free through Mastercard. You also get a 5% credit back on each HelloFresh purchase.
Some additional discounts. If you pay for at least 3 Lyft rides each calendar month with your Mastercard, you'll receive a $5 Lyft credit good for the following month (once you enroll in the Lyft app). You also receive double Fandango points, a 5% reward rebate at Boxed, and $5 off every Postmates order of $25 or more.

Bonus Categories

The Premier Card earns earns the best set of bonus category rewards of any individual card. It earns 3x ThankYou points (valued at 4.5 cents per dollar) on all the main bonus categories, including groceries, gas, restaurants, and most travel expenses. Better reward rates are sometimes available from other cards, but there is no simpler way to earn good bonus rewards on all the common categories (as long as your are comfortable using your points for frequent flyer tickets).
The Citi Premier Card supercharges the rewards you earn from the Citi Double Cash Card. The Double Cash Card earns 2x points on every purchase. Normally, these points are only worth 1 cent each. But if you have the Citi Premier Card (or Citi Prestige Card), you'll have the option of turning your Double Cash points into ThankYou points and transferring them to frequent flyer programs. For anyone who is comfortable redeeming their points for frequent flyer tickets and isn't willing and able to get business cards, the Citibank Combo is the best option for earning credit card rewards.
The no-annual-fee Reward+ card can boost your rewards. It gives you a rebate of 10% on the first 100,000 of ThankYou points you redeem each year. For example, if you transfer 50,000 points to British Airways, you'll get 5,000 points back, and if you use 20,000 points to purchase $200 of travel on the Citibank website, you'll get 2,000 points back. This boosts the rewards from the Premier, Prestige, and Double Cash cards by 11%.

Getting Rid of the Card

You could lose your ThankYou points when you cancel your card. Any ThankYou points associated with your card will expire 60 days after you cancel. You can transfer them to another person's account, but they will then expire after 90 days. You need to either hold onto your card, product change it to the Citi Rewards+, Citi Custom Cash Card, or Citi Preferred Card, or transfer your points to your favorite travel partner. You can downgrade to the Rewards+ or Custom Cash Card even if you already have one.

Note that without a Premier Card (or Prestige Card), you can't transfer your points to travel partners. If you don't have one and you downgrade your card to one of the no-annual-fee options, you'll hold onto your points and can redeem them for 1 cent each, but you'll need to upgrade back or otherwise get one of these cards in the future to regain the ability to transfer your points to partners.

Cancelling your card resets the clock for earning another ThankYou point signup bonus. You aren't eligible if you've opened or closed account within the last 24 months. Product changing, rather than cancelling, shouldn't reset the clock. But sometimes it does and there is really no rhyme or reason to it. You should theoretically be able to product change to any other Citibank personal credit card.
If you don't already have one, the Rewards+ and the Custom Cash Cards are compelling product change option. The Rewards+ gives you a 10% rebate on the first 100,000 ThankYou points you redeem each year. The Custom Cash Card earns 5x points on up to $500 spend in whichever category you use it for the most each billing cycle. With either card, you aren't missing out on much in the way of a signup bonus, but since you bonuses from the Custom Cash Card don't interfere with bonuses from the other cards, you might want to apply for it directly.
You can wait to cancel your card until after the annual fee shows up on your statement. As long as you cancel within 30 days of the statement closing date, Citibank will refund the fee. After 30 days, you can receive a pro-rated refund by downgrading to a lower-priced card, such as the Rewards+.
You might be able to receive a retention offer to keep your card. It could be enough to make it worthwhile to keep the card.

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+{{DISPLAYTITLE: Citi Premier Card}}
 {{Page|card|citi cards}}
@@ Line 15: / Line 16: @@
 |FTF=No
 |Credit=
-|CurrentOffer=60,000 ThankYou points, with $4,000 spend. {{NetValue|800|.20}}
+|CurrentOffer=Highest ever 80,000 point offer ($4,000 initial spend)
 |CurrentOfferCustom=
 |CurrentSpend=
 |CurrentSpendCustom=
 |OfferLink=
-|NormalOffer=
+|NormalOffer=60,000
-|NormalSpend=
+|NormalSpend=4000
-|NormalCustom=None
+|NormalCustom=
-|NormalValue = 0
+|NormalValue = 800
-|NormalPer =
+|NormalPer = .20
-|PointType=
+|PointType=ThankYou points
 |SignupBonusChart=//www.uscreditcardguide.com/citi-thankyou-premier-credit-card/#Historical_Offers_Chart
 |BonusCategories=3x Restaurants (≈{{Value|TY|3}}%)
@@ Line 47: / Line 48: @@
 </div>
-'''For anyone who is comfortable redeeming their points for frequent flyer tickets, the Citi Prestige card offers the highest reward rate on Restaurants and Online Travel Agencies, as well as a great reward rate on Airfare. You'll receive 5x ThankYou points per dollar, worth at least {{Value|TY|5}}% on these purchases. It also offers free cell phone protection and aiport lounge access (with unlimited guests).'''
+'''If you are comfortable using your points for frequent flyer tickets and aren't willing or able to use business cards, the Citi Premier and Double Cash combo is the best way to earn rewards on your credit card spending. For a total of $95 in annual fees, you'll earn 3x points on restaurants, groceries, gas, and most travel expenses, and 2x points on everything else. You can then get extra value from your points by transferring them to one of a dozen different frequent flyer programs.'''
-'''The Prestige or the less-expensive Premier card can be used in conjunction with the no-annual-fee Double Cash card to earn 2x transferable reward points on your everyday purchases, which is potentially more valuable than the 1.5x Ultimate Rewards points you earn with the Chase Unlimited combo.'''
-'''The Prestige card has another potentially valuable benefit—it gives you your 4<sup>th</sup> night free on hotel reservations made through Citibank's travel site, up to two times per year.'''
-{{Box|COVID-19 Enhancements}}
-Because it is hard to use credit card travel benefits during the pandemic, Citibank has made some temporary changes to their cards.
-<ul class="simplelist">
-* Purchases at supermarkets and restaurants count towards the Citi Prestige card's $250 travel credit until the end of the year. Since the Prestige card has the most valuable reward rate for restaurant purchases, it should be easy to get full value from your credit.
-* The Citi Prestige card earns 5x ThankYou points on the first $1,500 of online purchases made during June, July, and August.
-</ul>
-{{/Box}}
+'''The Citi Premier is the most well-rounded bonus reward card available, with good reward rates on each of the major bonus categories. It also offers the most lucrative ThankYou signup bonus and unlocks your ability to transfer ThankYou points to airline partners.'''
 {{TOC|All}}
-*[[#Citi ThankYou Card Options|ThankYou Card Options]]
 *[[#Introduction to ThankYou Points|Intro to ThankYou Points]]
 *[[#Collecting the Signup Bonus|Signup Bonus]]
-*[[#Take Advantage of the Airfare Credit (Prestige Card)|Prestige Card Airfare Credit]]
+*[[#Notable Benefits|Notable Benefits]]
-*[[#4th Night Free Benefit (Prestige Card)|4<sup>th</sup> Night Free Benefit]]
-*[[#Other Notable Benefits|Other Notable Benefits]]
 *[[#Bonus Categories|Bonus Categories]]
 *[[#Getting Rid of the Card|Getting Rid of the Card]]
@@ Line 83: / Line 68: @@
 <ul class="bulletlist">
-<li>'''Citibank has removed the normal signup bonuses for these cards; but promotional offers are sometimes available'''. A typical promotional offer would be for 50,000 points, valued at {{Value|TY|50000}} (at {{Value|TY}} per point). In addition, the Prestige card comes with a $250 travel credit, and because the credit is available every calendar year, you can use it twice during your initial year.</li>
+<li>{{Signup Intro|high}} {{Signup Points|60000|TY|ThankYou points}} {{Signup Value|700|4000|95}} {{Signup Variable|ThankYou points}}. {{Link|point values}}</li>
-<li>'''The Premier Version of the card currently has a 60,000 point signup bonus'''. After factoring in the opportunity cost of using the card for $4,000 worth of spending, the net sign-up value is $800 (20 cents per dollar spent).</li>
-<li>'''You can't collect another signup bonus within 24 months of signing up for, or cancelling, any of these different versions of the ThankYou card'''. For example, if you collect the signup bonus on the Citi Prestige card, you won't be eligible for the signup bonus on the Citi Premier card, until two years later. And if you cancel the Prestige card during that time, the clock resets.</li>
+<li>'''You can only collect one signup bonus every 24 months from the Citi ThankYou card family'''. More accurately, you can't collect a signup bonus within 24 months of signing up for, or cancelling, the Citi Prestige, Citi Premier, Citi Preferred, or Citi Rewards+ card. While cancelling a card resets the clock, converting a card from one to another usually does not. This special signup bonus restriction doesn't apply to the Custom Cash, Double Cash or AT&T card, even though they can earn ThankYou points.</li>
-Because of this rule, you'll generally want to avoid signing up for the Reward+ version (15,000 w/$1,000 initial spend). Since it is part of the same family, it blocks you from getting the much more generous offers available from the Prestige / Premier cards.
+<li>'''To maximize the bonuses you collect from Citi's ThankYou cards, carefully time when you cancel your cards'''. If you don't want a card after your initial year, convert it to the no-annual-fee Rewards+ or Custom Cash card instead. A year later, you'll be eligible for a new signup offer. If you want to cancel an extra Rewards+ or Custom Cash Card, you should wait until just after been approved for one of their other cards, so it doesn't separately reset the clock. And you need to remember to avoid cancelling any card that still has points associated with it.</li>
 </ul>
-=== Citibank Card Synergy ===
+=== Notable Benefits ===
-The four ThankYou cards work together. The Prestige gives you the highest reward rates, the Premier gives you the option of redeeming at 1.25 cents per point (rather than 1 cent), the Reward+ gives you a 10% rebate on your redemptions (up to 100,000 points per year), and the Double Cash card gives you a higher everyday reward rate.
-<blockquote>Having the Premier and Reward+ versions of the ThankYou cards maximizes your point redemtpions. Having the Prestige and Double Cash cards maximizes your point earning.</blockquote>
-If you are transferring to airline partners, having either the Prestige or Premier plus the Reward+ card will give you effectively 1.1 miles per point. If you are spending your points with the Citibank portal, having both the Premier and Reward+ card will give you effectively 1.39 cents per point.
-The main obstacle with implementing this strategy is that you are limited to one signup bonus per "family", every 24 months. If you are always going to transfer points, and aren't going to use your points to purchase travel, you only need two of these cards. The Double Cash card doesn't count as part of the family for signup bonus purposes.
-There are a few different approaches to getting all three of the Prestige, Premier, and Rewards+ cards.
-<ol>
-<li>You could get one of them every two years. You'll get all three signup bonuses, but it will take a total of 4 years.</li>
-<li>You could get the Prestige, followed by the Premier two years later. Then, just get the Reward+ at around the same time as one of the other cards, and don't worry about missing out on its signup bonus. Alternatively, signup for a different card and then convert it (a year later) to the Reward+. You'll get the two big signup bonuses and you'll only need to wait for 2 years to maximize your redemption options.</li>
-<li>You could get all three cards within the first few months. But, you'd miss out on the Premier card's signup bonus. However, you are likely to be able to apply for a second Premier card two years later and collect the signup bonus anyway. You'll just pay the extra annual fee.</li>
-</ol>
-=== Take Advantage of the Travel Credit (Prestige Card) ===
 <ul class="bulletlist">
-<li>'''The Prestige card provides an annual $250 "Travel Credit" that is automatically applied to any airfare you purchase with the card'''. It should be easy to take advantage of the credit each year, lowering the effective annual fee by $250.</li>
+<li>'''Annual $100 hotel savings benefit'''. Once per calendar year, you can save $100 off any hotel reservation of at least $500 that you make through Citibank's website. Since rates on this website are usually higher than what you can find elsewhere (and don't entitle you to participate in the hotel's own loyalty program), you typicall won't get full value from this benefit, but you can often save at least some money.</li>
-<li>'''Because the travel credit is available on a calendar-year basis, you can qualify for two credits the first year you have the card'''. The credit doesn't align exactly to a calendar year. Instead, it resets on the closing date of your Remember statement. For example, if you sign up for the card in August, you can get up to $250 credit, for purchases made between August and some time in December, and you can get take advantage of another $250 credit, between January and August.</li>
+{{Benefit Elite}}
 </ul>
-=== 4<sup>th</sup> Night Free Benefit (Prestige Card) ===
+=== Bonus Categories ===
-<blockquote>
-The Citi Prestige card has a unique and potentially lucrative benefits—you get your 4<sup>th</sup> night free on every hotel reservation booked through Citibank.
-</blockquote>
-The “4<sup>th</sup> night free” benefit works whether you are booking a $80 per night hotel on the outskirts of town, or a $800 per night resort hotel in some exotic locale, and you can use it two times every year. {{Link|4th night free}}.
-Unfortunately, you need to book your hotel through Citibank's website. That means you only have access to whatever rate they are offering, can only book hotels and room inventory that is available via their system, and generally won't receive any hotel loyalty program benefits or points with your stay. In practice, Citibank's website tends to have higher room rates than other booking options, frequently doesn't provide a non-refundable option even when they one is available elsewhere, and often shows "no availability" when hotels still have plenty of room.
-Always check to see if the rate for all 4 nights on another site is actually higher than Citibank's rate for 3 nights. Sometimes, the 4th night free benefit will still save you a bunch of money and it remain uncapped. Other times, it may only be a little less expensive (or even more expensive) than booking elsewhere. In addition, for chain hotels, make sure whatever you are saving makes up for any potential loss of benefits and hotel rewards.
-=== Other Notable Benefits ===
-The Prestige version of the card comes with the following beneifts.
 <ul class="bulletlist">
-{{Benefit Lounge|family}}
+<li>'''The Premier Card earns earns the best set of bonus category rewards of any individual card'''. It earns 3x ThankYou points (valued at {{Value|TY|3}} cents per dollar) on all the main bonus categories, including groceries, gas, restaurants, and most travel expenses. Better reward rates are sometimes available from other cards, but there is no simpler way to earn good bonus rewards on all the common categories (as long as your are comfortable using your points for frequent flyer tickets).</li>
-<li>'''Cell phone protection'''. Starting on May 1st, if you pay your cell phone bill with your card, you'll receive coverage on up to five lines. The maximum claim is $1,000, with a $1,500 annual cap, and a $50 deductible.</li>
+<li>'''The Citi Premier Card supercharges the rewards you earn from the Citi Double Cash Card'''. The Double Cash Card earns 2x points on every purchase. Normally, these points are only worth 1 cent each. But if you have the Citi Premier Card (or Citi Prestige Card), you'll have the option of turning your Double Cash points into ThankYou points and transferring them to frequent flyer programs. For anyone who is comfortable redeeming their points for frequent flyer tickets and isn't willing and able to get business cards, the Citibank Combo is the best option for earning credit card rewards.</li>
-{{Benefit TSA|five}}
+<li>'''The no-annual-fee Reward+ card can boost your rewards'''. It gives you a rebate of 10% on the first 100,000 of ThankYou points you redeem each year. For example, if you transfer 50,000 points to British Airways, you'll get 5,000 points back, and if you use 20,000 points to purchase $200 of travel on the Citibank website, you'll get 2,000 points back. This boosts the rewards from the Premier, Prestige, and Double Cash cards by 11%.
-{{Benefit Elite}}
-{{Benefit Citi}}
 </ul>
-The Premier version of the card gives you the elite car rental and luxury hotel program benefits.
-=== Bonus Categories ===
+=== Getting Rid of the Card ===
 <ul class="bulletlist">
-<li>'''The Prestige card earns fantastic rewards on restaurant, online travel agency, and airfare purchases'''. You'll earn 5x ThankYou points per dollar, valued at at least {{Value|TY|5}} cents per dollar. Even if you simply redeemed your points to offset travel purchases, this works out to 5 cents per dollar. {{Link|Restaurant Spending}}</li>
+<li>'''You could lose your ThankYou points when you cancel your card'''. Any ThankYou points associated with your card will expire 60 days after you cancel. You can transfer them to another person's account, but they will then expire after 90 days. You need to either hold onto your card, product change it to the Citi Rewards+, Citi Custom Cash Card, or Citi Preferred Card, or transfer your points to your favorite travel partner. You can downgrade to the Rewards+ or Custom Cash Card even if you already have one.</li>
-However, if you already have one of the Amex Platinum cards, you probably prefer to use it to earn 5x Membership Rewards points instead; and if you already have the Sapphire Reserve you may prefer to settle for 3x easier-to-redeem Ultimate Rewards points and it's built in travel insurance benefits. {{Link|Travel Spending}}.
-<li>'''The Prestige and Premier cards can be good choices on other types of travel purchases'''. You'll earn 3x ThankYou points, worth around {{Value|TY|3}}cents per dollar. The only card that we would generally prefer is the 3x Ultimate Rewards points from the Chase Sapphire Reserve. The Prestige card only earns 3x points on hotels and cruises, while the less-expensive Premier version earns 3x points on a very wide range of travel purchases, including transit tickets and even gas.</li>
+Note that without a Premier Card (or Prestige Card), you can't transfer your points to travel partners. If you don't have one and you downgrade your card to one of the no-annual-fee options, you'll hold onto your points and can redeem them for 1 cent each, but you'll need to upgrade back or otherwise get one of these cards in the future to regain the ability to transfer your points to partners.
-<li>'''The Premier card is (almost) the only card that earn bonus rewards on entertainment spending—but no more than you can get from the Double Cash card'''. You can earn slightly more rewards from the {{Card|Sony|only}}, and without paying an annual fee, but you'll need to redeem your rewards for gift cards (at a variety of merchants), or Sony purchases, rather than on frequent flyer tickets.</li>
+<li>'''Cancelling your card resets the clock for earning another ThankYou point signup bonus'''. You aren't eligible if you've opened or closed account within the last 24 months. Product changing, rather than cancelling, shouldn't reset the clock. But sometimes it does and there is really no rhyme or reason to it. You should theoretically be able to product change to any other Citibank personal credit card.</li>
-<li>'''The Premier version of the card offers good rewards on gas purchases'''. Gas is considered a type of travel expense, and will earn 3x ThankYou points, worth around {{Value|TY|3}} cents per dollar. This is more valuable than most other cards. Unfortunately, this benefit doesn't extend to the Prestige version. {{Link|Gas Spending}}.</li>
+<li>'''If you don't already have one, the Rewards+ and the Custom Cash Cards are compelling product change option'''. The Rewards+ gives you a 10% rebate on the first 100,000 ThankYou points you redeem each year. The Custom Cash Card earns 5x points on up to $500 spend in whichever category you use it for the most each billing cycle. With either card, you aren't missing out on much in the way of a signup bonus, but since you bonuses from the Custom Cash Card don't interfere with bonuses from the other cards, you might want to apply for it directly.</li>
-<li>'''The Reward+ card is good for small purchases'''. The Rewards+ card rounds up each purchase's rewards to units of 10 points. For example, if you make a $2 purchase, instead of receiving 2 points, you'll receive 10. If you make a $15 purchase, instead of receiving 15 points, you'll receive 20. This dramatically increases the reward rate on small purchases. The rate on 50 cent transaction is a whopping 20X points. but since the purchases are small it won't add up to very many extra points in absolute terms. Artificially creating lots of small purchases is likely to get you banned by Citibank and potentially the merchant as well.</li>
+<li>'''You can wait to cancel your card until after the annual fee shows up on your statement'''. As long as you cancel within 30 days of the statement closing date, Citibank will refund the fee. After 30 days, you can receive a pro-rated refund by downgrading to a lower-priced card, such as the Rewards+.</li>
-<li>'''The Double Cash card works as a great option for your everyday spending'''. It earns 2x ThankYou points on every purchase and has no annual fee. If you have the Prestige or Premier card, you can use these like all your other ThankYou points.</li>
+<li>{{Cancel Retention}}</li>
 </ul>
-=== Getting Rid of the Card ===
-Before cancelling or converting your Citi Prestige card, try to use up any remaining amount of your annual travel credit.
-You'll lose any ThankYou reward points you've earned with your card, shortly after you close the card or transfer the points to another account, even if you have another card that earns ThankYou points. If you have a significant amount of points, transfer to the no-annual-fee Rewards+ card, rather than cancelling outright. You'll receive a prorated refund of your annual fee, so you don't necessarily need to do it immediately after your anniversary date.
-Having at least one Reward+ card on your account gives you a 10% rebate on the first 100,000 ThankYou points you redeem each year (regardless of their original source). You also won't reset the clock for earning your next Prestige / Premier signup bonus.
-If you don't have a points balance to protect, you could convert to a Citi Dividend card, which earns 5% back on the first $6,000 of annual spending in a rotating set of categories. However, your card number may change as part of the switch and if it does, your signup bonus clock will reset. If it is more than 30 days since your annual fee, you also may NOT receive a prorated refund of your annual fee.
 {{/Main|card}}
 {{/Page|card}}

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