USA
USA
USA Canada
Citi® ThankYou® Credit Cards Review
Advertising Disclosure
Credit-Land.com is an independent, advertising-supported web site. Credit-Land.com receives compensation from many credit card issuers whose offers appear on our site. Compensation from our advertising partners impacts how and where their products appear on our site, including, for example, the order in which they may appear within review lists. Credit-Land.com has not reviewed all available credit card offers in the marketplace.
Credit Card Applications » Research » Reviews » Citibank » Citi® Credit Cards – ThankYou® Rewards Guide

Citi® Credit Cards – ThankYou® Rewards Guide


Updated: November 21, 2014
Add to Favorites:
Citi® Credit Cards – ThankYou® Rewards Guide

If a credit card offers you cash back, it’s usually pretty straightforward. When you get 5% cash back on groceries or 3% on gas, it’s easy to do the math and see what you will earn on your purchases in these categories.

Citi, however, has its own credit card reward system - ThankYou® Points. Don’t let the Citi ThankYou Point system confuse you though. Just remember one ThankYou Point equals one penny when you redeem them for gift cards. And don’t confuse that with the one point earned for every dollar spent.

Here is your definitive guide to Citi ThankYou Rewards. First we’ll give you an overview of how to earn and redeem points. Then we’ll look at popular Citi credit cards that offer ThankYou Rewards and outline how each one works.

Which Citibank ThankYou® Card will you choose?

Everyone, including students and businesses, appreciates a heartfelt thank-you.

See detailed card descriptions below

These Credit Offers are Only for People with Excellent Credit History.
Have Bad or No Credit History? Click Here! Fair Credit? Click Here!

What do I earn and how much is it worth?

Citibank offers an incentive program that rewards customers with points: Citi ThankYou® Rewards. This program allows you to earn points for every dollar spent and redeem them for different rewards.

The rules of the program are quite simple: one dollar spent, one ThankYou point earned, one cent in redeemable value. Got it? However, there are Citi credit cards that will give you more than one point per dollar spent, and ways to redeem your points that will give you less than one cent-per-point value.

How can I earn ThankYou® Points?

All you need is a participating Citi® credit card, and you’ll automatically become a ThankYou® member. Earn points by shopping online or in stores using your Citi ThankYou credit card. You can get even more points by shopping through ThankYou Bonus Center – 600 merchants are waiting for you there. A little short on ThankYou Citi Points? You can buy them on the Citi ThankYou web site.

What can I redeem ThankYou® Points for?

ThankYou points can be redeemed for many different ThankYou Citi Rewards – here are the main categories:

  • Cash Redemption – This can be a statement credit or check. There are also options to pay off student loans, your mortgage, or even make a donation to charity.
  • Gift Cards – Redeem points for gift cards to hundreds of merchants, including Amazon, Barnes & Noble, The Gap, iTunes, Kohl’s, Lowe’s, Zappos, and many more. Gift cards are delivered electronically or by mail.
  • Merchandise - There are thousands of products available in this category including electronics, jewelry, sporting goods, toys, and gardening equipment, to name just a few.
  • Travel – There is a whole Citi Travel Rewards site, where you can use ThankYou points to book travel or get travel certificates.

What’s the best value for my ThankYou® Points?

This one is easy: go for the gift card. A $50 gift card to Amazon, iTunes, Barnes & Noble, Zappos, or any other participating retailer costs 5,000 points – a one-cent-per-point exchange. Although cash might seem like the best ThankYou reward, you won’t get as much value from turning in your ThankYou points for cash. Currently, it takes 10,000 points for a $50 cash reward – a value of only a half a cent per point. You can also pay for travel or merchandise through the ThankYou point center, but gift cards offer the best value.

3 Citi Credit Cards Line-up

Ready to sign up for a credit card that offers you ThankYou points? Here’s the lowdown on five options:

These Credit Cards are

ONLY FOR EXCELLENT CREDIT.

If you don’t want to be denied and lower your credit score, don't apply for credit cards that are not suitable for your credit history.

ANNUAL PERCENTAGE RATES
Intro Purchase APR
Intro Balance Transfer APR
Regular APR
FEES
Annual Fee
Balance Transfer Fee
Foreign Purchase Transaction Fee
REWARDS PROGRAM
Key Feature
Points Earning
TRAVEL OPTIONS
Auto Rental Insurance
Automatic Travel Accident Insurance
Lost Luggage
Coverage
Trip Cancellation / Trip Interruption Coverage
Annual Complimentary Companion Ticket
Earn Points for the Miles You Fly
SECURITY
Account Security
Citi® Identity Theft Solutions
$0 Liability on Unauthorized Charges
Virtual Account Numbers
OTHER OPTIONS
No Pre-set Spending Limit
Retail Purchase Protection
Exceptional Visa Signature Benefits
Extended Warranty
Personal Business Assistant
Personal Concierge Service
CONSUMER CREDIT CARDS STUDENT

Citi ThankYou® Preferred Card - Earn 20,000 Bonus Points

Citibank - Citi ThankYou® Preferred Card - Earn 20,000 Bonus Points

Citi ThankYou® Premier Card

Citibank - Citi ThankYou® Premier Card

Citi ThankYou® Preferred Card for College Students - Earn 2,500 Bonus Points

Citibank - Citi ThankYou® Preferred Card for College Students - Earn 2,500 Bonus Points
0% (12 months)26 n/a 0% (7 months)26
0% (12 months)26 n/a n/a

12.99% - 22.99%26 (Variable) APR based on your creditworthiness.

13.99% - 22.99%26 (Variable) APR.

13.99% - 23.99%26 (Variable) APR based on your creditworthiness.

$026 $125; fee waived for the first 12 months26 $026
3% ($5 min) 3% ($5 min) 4% ($5 min)
3% 0% 3%

$200 gift card - When you redeem the 20,000 bonus ThankYou® Points received after $1,500 in purchases within 3 months of account opening.

Earn up to 50,000 bonus ThankYou® points redeemable for up to $500 in gift cards.

Get up to 1,200 bonus ThankYou® Points per year for paying on time and staying under your credit limit.

  • Earn 2x Points on purchases for dining and entertainment.

  • Earn 1 ThankYou Point for every $1 you spend on all purchases.

  • Earn extra points when you shop through the ThankYou® Bonus Center, a network of 600+ retailers you know and love.

  • NEW! 3 ThankYou Points for every $1 spent at restaurants and select Entertainment merchants.

  • NEW! 2 ThankYou Points for every $1 spent on purchases for airfare and hotel.

  • 1 ThankYou Point for every $1 you spent on other purchases.

  • Earn 5 ThankYou Points for every $1 spent at restaurants (including fast food) and entertainment.

  • Earn 1 ThankYou Point for every $1 on all other purchases.

Citi ThankYou® Preferred Card - Earn 20,000 Bonus Points

Citibank - Citi ThankYou® Preferred Card - Earn 20,000 Bonus Points
Credit-Land.com experts evaluate each card using several criteria (e.g., interest rates, fees, benefits and features, rewards programs, and customer service) in order to help you choose a card that's right for you. This rating reflects our experts' opinions, beliefs and experiences with credit card products. This rating is not influenced by payment considerations.

Citi ThankYou® Premier Card

Citibank - Citi ThankYou® Premier Card
Credit-Land.com experts evaluate each card using several criteria (e.g., interest rates, fees, benefits and features, rewards programs, and customer service) in order to help you choose a card that's right for you. This rating reflects our experts' opinions, beliefs and experiences with credit card products. This rating is not influenced by payment considerations.

Citi ThankYou® Preferred Card for College Students - Earn 2,500 Bonus Points

Citibank - Citi ThankYou® Preferred Card for College Students - Earn 2,500 Bonus Points
Credit-Land.com experts evaluate each card using several criteria (e.g., interest rates, fees, benefits and features, rewards programs, and customer service) in order to help you choose a card that's right for you. This rating reflects our experts' opinions, beliefs and experiences with credit card products. This rating is not influenced by payment considerations.

As you see, there are plenty of cards to choose from. Just remember, all of them require excellent credit. If you’ve got it, one of these Citibank ThankYou cards may be right for you. With so many different ways to earn rewards, one of them is bound to fit your needs.

26 See the Citi card terms and conditions online.

Add to Favorites:

Related Research:

CitiBusiness ThankYou Card: Triple ThankYou Points and a 15,000 Point Sign-On Bonus

By Elizabeth Nelson, Posted: January 15, 2013

The CitiBusiness ThankYou card feels like a regular consumer cash back credit card because it offers rewards in rotating categories. But it’s really a business credit card with bonus categories that offer extra value to companies. Continue reading
Citi Hilton HHonors Visa Signature Card Review

By Elizabeth Nelson, Posted: November 08, 2012

The Citi Hilton HHonors Visa Signature card gives travelers a way to rack up reward points in the Hilton HHonors customer loyalty program – but is it a good enough card to recommend to someone who doesn’t already use a hotel rewards ... Continue reading
Get Cash Back All Year Plus No Interest on Purchases with the Citi Dividend Platinum Credit Card

By Elizabeth Nelson, Posted: November 30, 2012

The Citi Dividend Platinum Select Card gives customers the opportunity to earn a $100 cash back bonus, save money with a zero percent introductory APR on purchases and balance transfers for the first year, and earn even more cash back with ... Continue reading
Get the latest news, articles and expert advice delivered to your inbox. It's FREE.

Other Citibank
Research: