Imagine being able to use your credit card reward points to pay for your Christmas presents. Citi is making that possible with a new program that turns ThankYou Points into an account that can be used at any online merchant that accepts MasterCard and Visa.
To generate a shopping account for a day, Citi customers log into their ThankYou Rewards account online, select the number of ThankYou Points they would like to use, and request a Rewards Account Number.
A unique number will be generated for them, and it will be good at multiple merchants until midnight Pacific Time the same day they get the number. The number can be used for online or for phone purchases anywhere that takes Visa or MasterCard as payment, alone or in combination with another credit or debit card so the points can be used to pay for a part of the purchase as well.
When checking out, the customer enters the Rewards Account number the same way they would any type of card. The amount of ThankYou Points used will be deducted and will show up as a credit on the account holder’s next card statement. (For example, 10,000 ThankYou Points is worth $75.)
If a cardholder doesn’t use the entire amount of points requested for the Rewards Account Number, no need to worry. The points will not be lost, and they will not expire. Unused points go back into the customer’s Citi ThankYou account for use another time and can still be redeemed in any traditional manner. Other ThankYou point redemption options include gift cards, merchandise, travel credits and statement credits.
Citi Tuesdays for Walmart.com shoppers
Now through December 17, shopping at Walmart.com can earn Citi cardholders some extra cash, whether or not they use Rewards Account Numbers to pay for their purchases. Every Tuesday through mid-December, when cardholders spend $100 or more at Walmart.com and pay with their Citi debit or credit card they will get a $10 gift card from Walmart.com.
Price Rewind watches sales
Shoppers worried about missing out on the deepest discounts can put their minds at ease by using Citi Price Rewind. Purchases made with a Citi card can be registered with the Price Rewind website, and Citi will monitor the sale price of the items for 30 days. If registered purchases go on sale for more than $25 below the price the cardholder paid, Citi will issue a refund for the difference. Customers just have to submit a receipt and fill out a claim form. The maximum refund amount is $250 per item, up to $1,000 per year.