Citi ThankYou Rewards Program Information 2023

Citi ThankYou Rewards is the cardboard issuer’s reply to related versatile rewards packages from American Categorical, 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 for those who go for a Citi journey bank card just like the card_name.

The excellent news about Citi ThankYou Rewards is the very fact these factors are really easy to earn. You may join Citi bank cards to earn beneficiant welcome affords upfront, but it’s also possible to earn factors for every greenback you cost in purchases to your card. From there, Citi ThankYou factors are value a median of 1.8 cents every relying on the way you redeem them. We’ll break down all of the methods you need to use Citi ThankYou factors and every choice’s common level values within the sections beneath.

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 typical 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 notice 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 worthwhile—Citi Status® Card, which is not accepting new candidates. When 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 proper card for you depends upon which classes you spend essentially the most in and the way you wish 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. This is a rundown of the typical values for these factors based mostly on the obtainable redemption choices.

Reserving by means of the Citi ThankYou journey portal

First off, it is best to know that the Citi ThankYou program has its personal journey portal that works much like the Chase journey portal or AmexTravel.com. This portal enables you to e-book airfare, inns, automotive leases, and different journey instantly 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. You probably have 30,000 Citi ThankYou factors, and also you go to e-book airfare, for instance, your factors will probably be value $300 in flights.

The excellent news concerning the Citi journey portal is the very fact you’ll be able to e-book with a mixture of factors and money. When you had 30,000 Citi factors and located a flight for $400, for instance, you might redeem your rewards for a $300 price discount, pay the $100 remaining fare in money and e-book the precise flight you needed.

Transferring to companions

Citi affords a variety of airline and lodge companions that may provide distinctive worth if you understand how to make use of them. These companions embody each airways and lodge companions, together with fashionable choices like Air France /Flying Blue, Virgin Atlantic, Accor Dwell Limitless and Wyndham Rewards.

Be aware that customers with a Citi journey bank card get entry to all of the switch companions in this system, whereas money again bank card clients solely get entry to some. Finally, because of this having the card_name or the older Citi Status® will get you the next common level worth total.

The chart beneath reveals the complete listing of Citi ThankYou switch companions and their switch ratios:

Citi ThankYou switch associate listing

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

Contemplate this instance:

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

In that state of affairs, you might switch 8,000 Citi factors to this program, wind up with 16,000 Alternative Privileges factors and e-book the Consolation Lodge Grand Central in Oslo for 16,000 factors per evening.

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

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

For a similar journey date, nevertheless, you might e-book the identical flight for $466.20 in money. 

If 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 can too 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 one of the best redemption however not half dangerous, both.

The identical redemption worth can also be supplied for purchases made by means of PayPal, which may embody any of the thousands and thousands of world retailers that allow you to pay with this on-line cost platform.

Procuring with different retailers

You can too redeem Citi ThankYou factors for merchandise with different retailers, together with Walmart and CVS. Nonetheless, the redemption values will not be nice in any respect since you need 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 depart you paying the money distinction for purchases even when you’ve got additional 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.

Present playing cards worth

You can too 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 for those who’re versatile on the kind of present card you get.

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

Citi ThankYou factors calculator

The Citi ThankYou factors calculator will help 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 preferred packages embody Chase Final Rewards, American Categorical Membership Rewards and the Capital One Miles packages.

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

Additionally, Chase Final Rewards, American Categorical 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. 

When you’re fascinated by trying out options to the Citi ThankYou Rewards program, take into account the next packages and rewards bank cards:

The right way to mix ThankYou factors

The Citi ThankYou Rewards program lets customers mix all their rewards factors in a single account supplied all factors belong to the identical individual. To do that, Citi says it is best 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 for those who 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 state of affairs, 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.

The right way to share ThankYou factors

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

Basically, Citi enables you to share as much as 100,000 Citi ThankYou factors with one other individual inside a calendar 12 months; the identical most applies to what number of factors somebody can obtain. Nonetheless, shared factors have to be used inside 90 days of the switch or they turn into invalid. This implies it is best to solely switch factors to a different individual if they will use them straight away. 

Additionally, individuals who have the Citi Double Money® Credit score Card will not be 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 is not any must really feel dangerous about getting lower than optimum worth. Nonetheless, some redemptions are much less profitable than others. 

The worst makes use of of Citi ThankYou factors embody:

• Procuring 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, it is best to at all times attempt to get no less than one cent per level in worth for Citi ThankYou factors. In spite of everything, all Citi playing cards obtainable to new candidates right now provide one cent per level for those who redeem for choices like money again or assertion credit, so that is the naked minimal you will wish to shoot for.

When you like to journey, it’s also possible to 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 median worth of 1.8 cents per level and doubtlessly greater than that.

TIME Stamp: Citi ThankYou factors are particularly worthwhile 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. Nonetheless, Citi clients 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.

If you’re on the lookout for a versatile rewards foreign money, nevertheless, you will additionally wish to evaluate this program to American Categorical Membership Rewards, Capital One Miles and Chase Final Rewards. Doing so will help you earn essentially the most worthwhile rewards based mostly in your regular spending and redemption habits.

Ceaselessly requested questions (FAQs)

How a lot are 50,000 Citi factors value?

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

What number of Citi factors equal $1 greenback?

Usually talking, 100 Citi ThankYou factors equal $1.

How a lot is 10,000 Citi factors value?

A stash of 10,000 Citi factors could be value $100 in money again or a median 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 generally. When you switch factors to an airline or lodge associate first, you will get a median of $360 in worth.