/thinkstockphotos-148449761-5bfc354046e0fb00511b7d1b.jpg "Citi ThankYou Rewards Guide 1")
Incomes bank card rewards can put just a little a refund in your pocket while you spend. Some playing cards supply miles or cashback; others help you earn factors. Citi ThankYou is a rewards program that makes it simple to earn factors on purchases with eligible Citi bank cards. Figuring out the way to earn Citi ThankYou Factors and redeem them is essential to benefiting from this rewards program.
Key Takeaways
- Citi ThankYou is a rewards program that is related to private bank cards issued by Citi.
- ThankYou rewards are earned as factors, and the variety of factors you may earn per greenback of spending varies based mostly on which card you are utilizing.
- Methods to redeem Citi ThankYou Factors embody present playing cards, an announcement credit score, cashback, and buying at Amazon.com.
- Citi provides further alternatives to earn ThankYou rewards on lodge and rental automobile purchases booked by means of its Journey Middle.
Understanding Citi ThankYou Rewards
Citi ThankYou Rewards is a rewards program for qualifying Citibank private bank cards, in addition to eligible financial institution accounts. Rewards are earned as factors, which might then be redeemed in quite a lot of methods. The variety of Citi ThankYou Factors earned per greenback spent is determined by the cardboard that is getting used or the checking account that is enrolled within the ThankYou program.
Citi Credit score Playing cards That Earn Citi ThankYou Factors
Citi ThankYou Factors might be earned with an eligible Citi bank card. These embody:
As well as, Citi Double Money cardholders can convert their money again rewards into ThankYou Factors when utilizing them to buy with PayPal.
Every card has its personal rewards construction that determines the variety of ThankYou Factors earned per greenback of spending and whether or not cardholders qualify for an introductory welcome bonus. The Citi Premier Credit score Card, for instance, provides 3 Citi ThankYou Factors per greenback spent at eating places, supermarkets, gasoline stations, lodges, and air journey. All different purchases earn 1 level per greenback.
Tip
When contemplating a card that gives factors or different rewards, remember to weigh any annual payment you might need to pay on the cardboard and whether or not you may earn sufficient in rewards to make up for it.
Citi Financial institution Accounts That Earn Citi ThankYou Factors
Citi ThankYou Rewards are additionally obtainable for sure Citi financial institution accounts. These accounts embody:
- Citigold
- Citi Precedence
- Citi Non-public Financial institution Account
- The Citibank Account
Nevertheless, somewhat than incomes ThankYou Factors on purchases as you’ll with a Citi bank card, you may earn factors for different forms of transactions. For instance, when you have a Citigold account, you might earn as much as 1,600 factors per 30 days by doing issues like establishing direct deposit, scheduling on-line invoice funds, or enrolling in computerized deposits to a Citi financial savings account.
You will must enroll within the Citi ThankYou Rewards program to start out incomes factors with an eligible checking account.
The best way to Earn Citi ThankYou Factors
Incomes Citi ThankYou Factors is so simple as making purchases with an eligible Citi bank card or enrolling an eligible Citi checking account in this system.
Here is an instance of what number of factors you may be capable of earn with the Citi Rewards+ Credit score Card. This card provides 2 factors per greenback at supermarkets and gasoline stations on as much as the primary $6,000 in purchases per 12 months, then 1 level per greenback thereafter. All different purchases earn an infinite 1 level per greenback. This card additionally rounds up purchases to the closest 10 factors and provides 10% of your factors again while you redeem.
So, assume that you simply max out the $6,000 cap for supermarkets and gasoline stations every year. You additionally spend one other $2,000 in these classes and $6,000 in miscellaneous purchases. That will offer you 20,000 factors (12,000 factors + 2,000 factors + 6,000 factors). Now, say you redeem 10,000 factors through the 12 months. You’d get 10% of them, or 1,000 factors, again. So that you’d technically earn 21,000 factors for the 12 months.
Earn Extra Citi ThankYou Factors With Introductory Bonuses
Along with incomes rewards on purchases with a Citi ThankYou bank card, you can too earn factors with welcome bonuses while you join a card. Bank card introductory bonuses put a lump sum of factors or rewards within the pot, on the situation that you simply meet a minimal spending requirement. The desk beneath reveals how the introductory welcome bonuses evaluate for eligible ThankYou Rewards bank cards.
| Citi ThankYou Rewards Introductory Factors Bonus | ||||
|---|---|---|---|---|
| Citi Rewards+ Credit score Card | Citi Premier Credit score Card | Citi Customized Money Card | AT&T Entry Credit score Card from Citi | |
| Bonus factors | 20,000 | 80,000 | $200 money again (earned as ThankYou Factors) | 10,000 |
| Minimal spending requirement | $1,500 in purchases throughout the first three months | $4,000 in purchases throughout the first three months | $750 in purchases throughout the first three months | $1,000 in purchases throughout the first three months |
As you may see, the Citi Premier Credit score Card has the most important introductory welcome bonus. However you may additionally must spend essentially the most cash to qualify for it. So it is essential to think about how your typical spending habits match up when figuring out whether or not it is value it to pursue a welcome bonus.
The best way to Redeem Citi ThankYou Factors
Citi provides quite a few methods to redeem ThankYou Factors. Your choices for redemption embody:
- Present playing cards
- Journey (guide flights, lodges, rental vehicles, and extra)
- Store with factors at eligible Citi companions, together with retailers and gasoline stations
- Assertion credit score
- Direct deposit right into a checking or financial savings account
- Examine by mail
- On-line invoice pay
- Pay with factors (for eligible purchases)
- Charitable contributions
- Mortgage funds
- Scholar mortgage funds
It’s also possible to share your ThankYou Factors with one other eligible Citi cardholder. Factors are transferable to pick out Citi companions, as properly.
What Are Citi ThankYou Factors Price?
Typically, Citi ThankYou Factors are value 1 cent every in redemption worth. So, for instance, 50,000 Citi ThankYou Factors can be value $500 while you’re able to redeem. However the worth you get per level can range barely based mostly on what you redeem them for. By Investopedia’s calculations, in case you redeem them for journey they are going to be value between 1 and 1.21 cents every, on common, relying in your card.
Citi ThankYou Factors Switch Companions
Citi ThankYou Factors might be transferred to this system’s journey and different companions. The listing of switch companions consists of:
- American Airways AAdvantage
- Aeromexico
- Asia Miles
- Avianca LifeMiles
- Alternative Privileges
- Emirates Skywards
- Etihad Visitor
- EVA Air
- Flying Blue
- InterMiles
- JetBlue TrueBlue
- Malaysia Airways Enrich
- Qantas Frequent Flyer
- Qatar Privilege Membership
- Store Your Means
- Singapore Airways
- Thai Royal Orchid Plus
- Turkish Airways Miles & Smiles
- Virgin Atlantic Flying Membership
For essentially the most half, factors switch on a 1:1 foundation. So 1,000 ThankYou Factors can be value 1,000 miles. However there are some exceptions. For instance, 1 ThankYou Level is value 10 Store Your Means Factors. And 1,000 ThankYou Factors are value 2,000 Alternative Privileges factors for Citi Status and Premier cardholders.
| Citi ThankYou Rewards Program Highlights | |
|---|---|
| Kind of rewards | Factors |
| Common worth | 1 cent every |
| Eligible playing cards | Citi Rewards+, Citi Premier, Citi Customized Money Card, AT&T Entry Credit score Card from Citi |
| Redemption choices | Present playing cards, assertion credit score, journey, store with factors, on-line invoice pay, direct deposit, test by mail, pay with factors, charitable contributions, mortgage funds, pupil mortgage funds, factors sharing, factors switch |
| Factors switch | Sure to chose airline, lodge, and retail companions |
| Minimal to redeem | Varies based mostly on the redemption possibility |
| Blackout dates or restrictions | None |
| Redemption/switch charges | None |
| Rewards expiration | Three years from the top of the 12 months through which they had been awarded |
| Who’s it good for? | Individuals who need to earn factors on their common spending with an eligible Citi bank card or for transactions with a Citi checking account |
FAQs
What Is Citi ThankYou?
Citi ThankYou is a rewards program that is linked to eligible Citi bank card accounts and Citi financial institution accounts. Enrolling in Citi ThankYou lets you earn factors on purchases that may be redeemed for present playing cards, assertion credit score, journey, and extra.
How Do I Redeem My ThankYou Factors?
Citi ThankYou Factors might be redeemed on-line or by calling the Citi ThankYou Service Middle. Your redemption choices embody present playing cards, assertion credit score, journey, pay with factors, store with factors, and on-line invoice pay. The variety of factors wanted can range based mostly on the redemption possibility.
Do ThankYou Factors Expire?
Citi ThankYou Factors expire three years from the top of the 12 months through which they had been issued. So it is essential to maintain observe to keep away from dropping them.
The Backside Line
The Citi ThankYou Rewards program is open to sure Citibank bank card cardholders and Citi clients with eligible financial institution accounts. Factors might be redeemed in quite a lot of methods, together with present playing cards, assertion credit, money again, and buying at Amazon.com. They will also be transferred to this system’s journey companions.