Max the Citi ThankYou Premier Card
As you know, Citi ThankYou points are often the overlooked of the points & miles world, frequently taking a back seat to American Express Membership Rewards points, Starwood Preferred Guest points & Chase Ultimate Rewards points.
Citi points can be extremely valuable, particularly if you know the tricks for accumulating and redeeming them.
The Citi ThankYou Premier Card is one of your best options on the earning side.
50,000 Point Sign Up Bonus While It Lasts
Citibank increased the sign-up bonus on the Citi ThankYou Premier from 30,000 to 50,000 points.
The bonus has been going up and down over the past year, and the last time it hit 50,000 it lasted barely longer than one month.
If you’re interested in the card, it is the time to jump on the bonus for maximum value.
The points will credit to your account after you spend $4,000 in the first three months of card membership.
If you choose not to transfer them directly to an airline, you can redeem them at the Citi ThankYou Travel Center at a rate of 1.25 cents per point. It gives you a value of $625 which can be used for airfare, car rentals, hotels & cruises.
You’ll earn frequent flyer miles by booking flights this way, and availability is usually greater than what you’ll find when redeeming through an airline.
In addition, you can use points at online merchants like Expedia, Amazon, Best Buy & Live Nation.
If you haven’t opened or closed an account for the same card product within the past 24 months, you can only earn the bonus.
Make Use of the Strong Earning Rates
The Citi ThankYou Premier Card has an exceptional earning structure:
- Earn 3x points on travel – including gas
- Earn 2x points on entertainment & restaurants
- Earn 1 point per dollar on all other purchases
Only a few cards give triple points for travel, and fewer still include gas purchases in the travel category. If you have regular expenditures on car rentals, flights, meals & hotels,, this enables you to accumulate points quickly toward a dream vacation.
Redeem Points With 15 Airline Partners
Citi ThankYou points can be transferred directly to 15 airlines. Transfers are at a 1:1 rate – except for JetBlue, which is 1000:5000.
11 of the airlines are spread across the 3 major alliances:
1. Oneworld – Qatar Airlines Privilege Club, Cathay Pacific Asia Miles, Malaysia Airlines Enrich, Qantas Frequent Flyer
2. Star Alliance – Eva Air MileageLands, Singapore Airlines KrisFlyer, Turkish Airline Miles, Thai Airways Royal Orchid Plus & Smiles, Avianca LifeMiles
3. SkyTeam – Garuda Indonesia GarudaMiles, Flying Blue
Unaffiliated airline programs – Virgin Atlantic Flying Club, Ethiad Airways Guest, JJet Airways Jet Privilege & JetBlue TrueBlue
You will notice that the Citi ThankYou Premier Card is particularly strong on transfer partners to Asia. By using the airlines listed, you can fly virtually anywhere in the Pacific Rim or Oceania.
Points can yield some spectacular travel experiences:
Using only Singapore KrisFlyer miles, for instance, you can fly in Suites class on the A380; travel to the Middle East, South Africa or the South Pacific; fly between the continental US and Hawaii; or use points for flights to Hong Kong or Japan.
Other premium cabins like Virgin Atlantic Upper Class are also relatively easy to book.
Take Advantage Of Travel Benefits
The Citi ThankYou Premier Card provides an array of benefits that can ease your life on the road:
- Baggage Delay:
If your bags don’t get to your destination within 6 hours of your arrival, you’re eligible for up to $100 in compensation per covered traveler.
- Trip Delay
You’re eligible to receive up to $500 per traveler, per trip if you’re delayed for more than 12 hours because of weather, an unannounced strike a natural disaster or a quarantine or hijacking.
- Car Rental Insurance:
You receive secondary coverage against theft or damage to your rental car when you pay for the rental with your card and decline collision damage waiver at the counter.
- Travel Accident Insurance:
The benefit covers you up to $500,000 for accidental death or dismemberment on a common carrier, provided you paid for the fare with your card.
- Baggage Insurance
Your stolen, lost or damaged bags (both checked and carry-on) are covered up to $3,000 per traveler, per trip ($2,000 for residents of New York), up to a total of $10,000 for all covered travelers.
No Annual Fee The First Year
The Citi ThankYou Premier Card No Annual Fee The 1st Year, then $95.
Whether or not you plan on keeping the card after the first year, you’re still being paid between $625 and $850 – depending on whether you redeem directly through City or transfer to partners – to stash it in your wallet for 12 months.
Consumer And Purchase Protections
- 90-Day Return Protection:
If a merchant won’t take back a defective item within 90 days of purchase, you’re covered up to $500 per item and $2,500 per year.
- Damage and Theft Protection:
If an item is damaged or stolen within 120 days of purchase 90 days for residents of New York, you’ll receive repairs or a refund.
- Citi Price Rewind:
This interesting benefit searches hundreds of online merchants for lower prices on items you’ve purchased with your card. You’re eligible to receive the difference between the price found and the price you paid within 90 days of purchase, up to $500 per item and $2,500 per year.
- Extended Warranty:
Extends the manufacturer’s warranty for 24 additional months.
The Citi Mobile App allows you to control your account through your smart phone or tablet.
When you lose your card, you can freeze new charges using the app while allowing recurring ones to continue. You’ll have free access to your FICO score, fraud protection, zero liability for unauthorized charges and help with identity theft and billing disputes.
Draw a conclusion:
1. The Citi ThankYou Premier Card is both versatile and cost-effective.
2. Sign-up bonus of 50,000 points can yield between $625 and $850 in value toward travel,
3. The $95 annual fee is waived for the first year.
4. Points can be transferred to 15 different airline partners for a variety of unforgettable experiences.
5. It has a strong set of travel benefits and consumer protections.