Citi ThankYou Premier: Rewards for Everyday Travel

By Jason Steele. Last updated 27 September 2017. 0 comments

This post contains references to products from our advertisers. We may receive compensation when you click on links to those products. The content is not provided by the advertiser and any opinions, analyses, reviews or recommendations expressed in this article are those of the author’s alone, and have not been reviewed, approved or otherwise endorsed by any bank, card issuer, airline or hotel chain. Please visit our Advertiser Disclosure to view our partners, and for additional details.


The problem with earning frequent flyer miles is that the airlines control the game at their whim, and they love to move the goal posts quite regularly. Industry observers call it "devaluation" when an airline announces that it will require more miles for the same flight, or when it simply stops releasing award seats at the lowest mileage levels.

For credit card users, one way to combat devaluation and continue to receive value from their rewards is to use a program that offers point transfers to miles with many different airlines. The Citi ThankYou® Premier Card from our partner Citi offers points that can be transferred to miles with twelve participating airline frequent flyer programs as well as Hilton HHonors points.

How This Card Works

Cardmembers get three points for every dollar spent on travel, including gas stations. Get two points for every dollar spent on dining out and entertainment, and one point on all other purchases. 

Points can be transferred to eleven different airline partners including the Flying Blue program of Air France and KLM, Qantas Frequent Flyer, Singapore Airlines KrisFlyer, and Virgin Atlantic Flying Club. Points can also be redeemed directly for flights at a value of 1.25 cents per point.

Other Benefits

Citi Price Rewind. This card includes Citi's Price Rewind program, which will automatically issue a refund when a covered purchase experiences a price drop within 60 days.

Citi Private Pass. Get special access to purchase VIP packages, presale tickets, dining experiences, and more.

Travel and purchase protections. This card comes with a variety of travel insurance and purchase protection programs including lost baggage protection, trip interruption coverage, and extended warranty coverage.

Costs

  • $95 Annual Fee (waived for the first 12 months)
  • 15.49% - 24.49% Variable APR
  • 3% Balance Transfer Fee ($5 minimum)
  • $0 Foreign Transaction Fee on purchases

Pros

Citi ThankYou program. The ThankYou® points program has been getting more and more valuable lately, as Citi continues to add transfer partners such as Qantas, Singapore, and Air France/KLM. And even when a frequent flyer award is not available, receiving 1.25 cents in value per point towards airfare awards is not bad, especially when cardholders begin earning 3x points on all travel and gas purchases. Other nice things about this card include the waived annual fee the first year and the numerous travel insurance and purchase protection benefits.

Cons

Travel partners based abroad. Eleven airline transfer partners are good to have, but they are all based overseas. (See also: 5 Best Travel Rewards Credit Cards)

Who This Card Is Best For

There is a vibrant market for travel reward cards that offer points that transfer to airline miles. With valuable bonus points and a strong package of benefits, this is a very competitive offering for those who want to earn award travel without being married to a single airline program that can be devalued at any time.

Click here to learn more and apply for the Citi ThankYou® Premier Card today!


0
No votes yet
Your rating: None
ShareThis
Disclaimer: The responses below are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.