Citi ThankYou Rewards Program Information 2023

Citi ThankYou Rewards is the cardboard issuer’s reply to comparable versatile rewards applications from American Specific, Capital One, and Chase. You may earn factors within the Citi ThankYou Rewards program with a number of bank cards from Citi, together with each money again bank cards and journey bank cards. That mentioned, you will unlock a wider number of redemption choices for rewards when you go for a Citi journey bank card just like the card_name.

The excellent news about Citi ThankYou Rewards is the actual fact these factors are really easy to earn. You may join Citi bank cards to earn beneficiant welcome presents upfront, but you too can earn factors for every greenback you cost in purchases to your card. From there, Citi ThankYou factors are value a mean of 1.8 cents every relying on the way you redeem them. We’ll break down all of the methods you should use Citi ThankYou factors and every possibility’s common level values within the sections under.

How did we decide the worth of Citi ThankYou factors?

The worth of Citi ThankYou factors relies on how a lot numerous redemption choices yield, together with money again, present playing cards, journey by means of the Citi portal and transfers to Citi airline and lodge companions. Be aware that the common worth of rewards is boosted by the outsized redemptions you may get with Citi airline and lodge companions when redeeming miles for a premium journey redemption.

Additionally word that the utmost common worth of Citi ThankYou factors (1.8 cents per level) is based on having a Citi journey bank card just like the card_name or the older—but nonetheless useful—Citi Status® Card, which is not accepting new candidates. Should you go for a Citi bank card that’s geared to incomes money again as an alternative, you will get a decrease common level worth total.

Bank cards that earn Citi ThankYou factors

There are a number of bank cards that earn Citi ThankYou factors. The correct card for you relies on which classes you spend probably the most in and the way you need to redeem rewards.

What’s the worth of Citi ThankYou factors?

The worth of Citi ThankYou factors relies upon largely on the way you resolve to money them in. Here is a rundown of the common values for these factors based mostly on the out there redemption choices.

Reserving by means of the Citi ThankYou journey portal

First off, you need to know that the Citi ThankYou program has its personal journey portal that works just like the Chase journey portal or AmexTravel.com. This portal helps you to guide airfare, inns, automobile leases, and different journey immediately along with your factors for final comfort.

Level redemptions by means of the Citi journey portal are value one cent every irrespective of the kind of journey you redeem for. When you’ve got 30,000 Citi ThankYou factors, and also you go to guide airfare, for instance, your factors can be value $300 in flights.

The excellent news in regards to the Citi journey portal is the actual fact you’ll be able to guide with a mixture of factors and money. Should you had 30,000 Citi factors and located a flight for $400, for instance, you can redeem your rewards for a $300 value discount, pay the $100 remaining fare in money and guide the precise flight you wished.

Transferring to companions

Citi presents a variety of airline and lodge companions that may provide distinctive worth if you know the way to make use of them. These companions embrace each airways and lodge companions, together with well-liked choices like Air France /Flying Blue, Virgin Atlantic, Accor Stay Limitless and Wyndham Rewards.

Be aware that buyers with a Citi journey bank card get entry to all of the switch companions in this system, whereas money again bank card prospects solely get entry to a couple. Finally, that is why having the card_name or the older Citi Status® will get you a better common level worth total.

The chart under exhibits the total record of Citi ThankYou switch companions and their switch ratios:

Citi ThankYou switch companion record

How will you get a mean worth of 1.8 cents per level or extra with Citi ThankYou companions? You are able to do this by shifting rewards from an eligible Citi account to a companion (normally an airline, however generally a lodge companion) and making a premium redemption from there.

Take into account this instance:

Think about you need to journey to Oslo, Norway in June of subsequent 12 months, and you’ve got a stash of Citi ThankYou factors to spend. You would switch your rewards to the Selection Privileges program and get a switch ratio of 1:000:2,000, thus doubling your rewards to spend on inns. 

In that situation, you can switch 8,000 Citi factors to this program, wind up with 16,000 Selection Privileges factors and guide the Consolation Resort Grand Central in Oslo for 16,000 factors per evening.

This lodge has a nightly money price of two,549 Norwegian Krones in June, or $234 USD, so you’ll be getting a rewards worth of a bit beneath 3 cents per level for the 8,000 Citi ThankYou factors you transferred.

Now let’s have a look at an airline companion—particularly, Virgin Atlantic. Think about you wished to fly from New York Metropolis (JFK) to London, England (LHR). In that situation, you might be able to guide a one-way flight for as little as 10,000 factors plus $151.70 in financial system class.

For a similar journey date, nevertheless, you can guide the identical flight for $466.20 in money. 

While you subtract the $151.70 in airline taxes and costs, this leaves you with a value distinction of $314.50. For the reason that flight would set you again 10,000 Virgin Atlantic factors that switch from Citi at a 1,000:1,000 ratio, this will get you a degree worth of over 3 cents per level.

You too can use Citi ThankYou factors to make purchases on Amazon.com, and doing so will get you a rewards worth of 0.8 cents per level. This implies 10,000 Citi ThankYou factors are value $80 in Amazon merchandise, which isn’t the most effective redemption however not half dangerous, both.

The identical redemption worth can be supplied for purchases made by means of PayPal, which might embrace any of the tens of millions of world retailers that allow you to pay with this on-line fee platform.

Buying with different retailers

You too can redeem Citi ThankYou factors for merchandise with different retailers, together with Walmart and CVS. Nevertheless, the redemption values are usually not nice in any respect since it’s important to redeem 1,250 Citi ThankYou factors for $10 in merchandise.

Additionally, you’ll be able to solely redeem rewards at these retailers in blocks of $10 for 1,250 factors, so this will go away you paying the money distinction for purchases even when you could have further Citi factors to spare.

Money again worth

Having the card_name, Citi Status®, the card_name, the card_name, or the AT&T Factors Plus® Card From Citi helps you get a rewards worth of 1 cent per level on this class.

Citi bank cards additionally allow you to redeem for money again within the type of assertion credit, direct deposit, or a examine within the mail.

Reward playing cards worth

You too can redeem Citi ThankYou factors for a broad vary of present playing cards from eating places, retailers, journey manufacturers, and extra. The purpose worth you may get for present playing cards varies, however you’ll be able to simply get one cent per level in worth when you’re versatile on the kind of present card you get.

You may generally even get multiple cent per level in worth as a consequence of Citi’s present card “gross sales” that change over time. Here is an instance of a $25 Hulu present card you’ll be able to redeem for two,250 factors. You would additionally get a $100 Hulu present card for 9,000 factors.

Citi ThankYou factors calculator

The Citi ThankYou factors calculator can assist you determine what your rewards are value based mostly on how you intend to redeem them.

Various playing cards to Citi ThankYou factors 

Citi ThankYou factors are a versatile rewards foreign money you’ll be able to earn with numerous Citi bank cards, however there are different versatile currencies on the market. The most well-liked applications embrace Chase Final Rewards, American Specific Membership Rewards and the Capital One Miles applications.

Every of those applications provide the choice to redeem rewards by means of a journey portal or switch factors to numerous airline and lodge applications if in case you have an eligible rewards bank card. Nevertheless, every program has its personal distinctive switch companions to be taught and perceive, so you will need to examine these applications earlier than you resolve.

Additionally, Chase Final Rewards, American Specific Membership Rewards, and Capital One Miles let customers redeem rewards for non-travel choices like money again, present playing cards, and merchandise, albeit with totally different rewards values total. 

Should you’re all for trying out options to the Citi ThankYou Rewards program, think about the next applications and rewards bank cards:

mix ThankYou factors

The Citi ThankYou Rewards program lets customers mix all their rewards factors in a single account offered all factors belong to the identical particular person. To do that, Citi says you need to log into your Citi account and head to the part that claims “Handle My Account.” From there, you choose the choice to “Mix My Account” from a drop down menu.

There could also be notable advantages that come about when you mix Citi ThankYou factors throughout a number of playing cards and also you occur to have the Citi Premier® Credit score Card or the Citi Status®. On this situation, combining Citi factors from different Citi ThankYou playing cards into your Citi journey card account would unlock the potential to switch factors to all Citi ThankYou airline and lodge companions as an alternative of only a few.

share ThankYou factors

You too can share Citi ThankYou factors with another person and with out incurring any charges. There are some “gotchas” although with this feature, so be sure to learn the effective print and perceive the phrases earlier than you progress your factors to a different particular person’s account.

Basically, Citi helps you to share as much as 100,000 Citi ThankYou factors with one other particular person inside a calendar 12 months; the identical most applies to what number of factors somebody can obtain. Nevertheless, shared factors should be used inside 90 days of the switch or they turn out to be invalid. This implies you need to solely switch factors to a different particular person if they’ll use them immediately. 

Additionally, individuals who have the Citi Double Money® Credit score Card are usually not eligible to share factors.

What are the worst makes use of of Citi ThankYou factors?

You may redeem your rewards nevertheless you need, and there isn’t any have to really feel dangerous about getting lower than optimum worth. Nevertheless, some redemptions are much less profitable than others. 

The worst makes use of of Citi ThankYou factors embrace:

• Buying by means of Amazon or PayPal.com (0.8 cents per level).
• Merchandise by means of Walmart or CVS (0.8 cents per level).
• Level transfers to companions that provide you with lower than one cent per level in worth.

On the finish of the day, you need to all the time attempt to get a minimum of one cent per level in worth for Citi ThankYou factors. In any case, all Citi playing cards out there to new candidates at this time provide one cent per level when you redeem for choices like money again or assertion credit, so that is the naked minimal you will need to shoot for.

Should you like to journey, you too can get one cent per level in worth for airfare, inns and extra by means of the Citi ThankYou portal. Even higher, transferring factors to companions can get you a mean worth of 1.8 cents per level and probably greater than that.

TIME Stamp: Citi ThankYou factors are particularly useful for journey

The Citi ThankYou Rewards program is greatest for individuals who journey and need to enroll in a journey bank card just like the card_name. Nevertheless, Citi prospects with money again playing cards just like the card_name and the card_name nonetheless get entry to a wide range of redemption choices, plus level transfers to a handful of airline and lodge companions.

In case you are searching for a versatile rewards foreign money, nevertheless, you will additionally need to examine this program to American Specific Membership Rewards, Capital One Miles and Chase Final Rewards. Doing so can assist you earn probably the most useful rewards based mostly in your regular spending and redemption habits.

Ceaselessly requested questions (FAQs)

How a lot are 50,000 Citi factors value?

Should you redeem Citi ThankYou factors for money again, 50,000 factors will be value $500. Should you redeem for level transfers to companions, 50,000 factors are value a mean of $900.

What number of Citi factors equal $1 greenback?

Typically talking, 100 Citi ThankYou factors equal $1.

How a lot is 10,000 Citi factors value?

A stash of 10,000 Citi factors will be value $100 in money again or a mean of $180 in journey if transferred to airline or lodge companions and redeemed properly.

What does 20,000 Citi Factors get you?

You may redeem 20,000 Citi factors for $200 in money again or journey typically. Should you switch factors to an airline or lodge companion first, you will get a mean of $360 in worth.