Citi hikes ThankYou Premier card’s sign-up bonus to 60,000 points

Citi ThankYou Premier

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Citi has upped the sign-up bonus for the Citi ThankYou® Premier Card by 10,000 points for a limited time. Now, new cardholders will earn 60,000 bonus points when they spend $4,000 in the first three months of opening an account. Previously, the card offered a 50,000-point bonus after $4,000 spend in the first three months.

Citi has not yet specified when the 60,000-point offer is scheduled to end.

ThankYou perks

Along with a 60,000-point bonus, the Citi ThankYou Premier card allows cardholders to earn rewards on every purchase and offers a variety of perks, including a 25 percent higher redemption value on travel.

These benefits do come with a price tag, though: After the first year, cardholders will be charged an annual fee of $95. However, the card’s yearly value more than makes up for its annual fee each year.

Citi ThankYou Premier® Card


Rewards rate
  • 3 points per dollar on travel, including gas
  • 2 points per dollar on dining out and entertainment
  • 1 point per dollar on other purchases
Sign-up bonus
  • 60,000 ThankYou® points when you spend $4,000 in the first 3 months

Why use it?

If you’re a frequent traveler or heavy commuter, you will benefit from this card’s bonus rate on travel. For those who regularly eat out or attend entertainment events, the 2-point rate is an added bonus.

Read review

Estimated Yearly Rewards Value ($15,900 spend)
$450
Annual Fee
$95, waived the first year

Recent changes to the Citi ThankYou Premier card

The 60,000-point bonus is the highest sign-up bonus offered by the Citi ThankYou Premier card. As you can see from the table below, the card has a history of toggling between a 30,000-point and 50,000-point sign-up bonus. The card has even offered no sign-up bonus in the past.

Citi ThankYou Premier card recent changes

Change date Sign-up bonus
Aug. 1, 2018 60,000 ThankYou® points if you spend $4,000 in first 3 months
Feb. 28, 2018 50,000 ThankYou® points if you spend $4,000 in first 3 months
Jan. 25, 2018 30,000 ThankYou® points if you spend $3,000 in first 3 months
Sept. 27, 2017 No sign-up bonus
July 18, 2017 50,000 ThankYou® points if you spend $4,000 in first 3 months
Jan. 24, 2017 30,000 ThankYou® points if you spend $3,000 in first 3 months

Keep in mind that the increased sign-up bonuses also come higher spend requirements. To receive the 50,000-point or 60,000-point bonuses, cardholders must spend $4,000 in the first three months, compared to $3,000 for the 30,000-point bonus.

Who is eligible for the sign-up bonus

The Citi ThankYou Premier sign-up bonus is only available to new cardholders who have not had a ThankYou Premier, ThankYou Preferred or Citi Prestige card opened or closed in the past 24 months.

Of course, you must meet certain credit requirements to be approved for the ThankYou Premier card. To determine your creditworthiness, Citi will consider several factors, including, but not limited to, your annual salary and wages and any debt you may have.

Best ways to spend 60,000 ThankYou points

In general, travel redemptions are the best use of Citi ThankYou points, and – if you want to squeeze the most value out of your points – redeeming them for airfare through the Citi ThankYou portal is your best bet. Citi ThankYou Premier card members get a 25 percent boost on their points when they redeem them this way, so 60,000 bonus points can get you $750 worth of airfare.

Citi gives you plenty of other choices for redeeming ThankYou points – including gift cards, merchandise and cash back – but most of these are a poor value, worth less than 1 cent per point.

Citi ThankYou Premier card redemption options

Redemption option Point value Value of 60,000-point sign-up bonus
Citi ThankYou portal airfare (25% point bonus) 1.25 cents $750
Other Citi ThankYou portal travel rewards (hotels, rental cars, cruises, vacations, activities) 1 cent $600
Gift cards 1 cent $600
Merchandise 0.8 cent $480
Shopping partners (Amazon, Expedia, Live Nation, 1-800Flowers, Best Buy, Wonder) 0.8 cent $480
Select and credit 0.75 cent $450
Cash back (statement credit or check) 0.5 cent $300
Student loan or mortgage payment 1 cent $600
Charity donation 1 cent $600

Citi also has several airline partners that you can transfer points to at a 1:1 ratio (with the exception of JetBlue). It’s possible to stretch your points further with a point transfer, since you can look for values within each airline partner’s redemption chart. Unfortunately, the options are slightly limited, consisting mostly of small oversea airlines:

Citi ThankYou Premier card transfer options

Airline Transfer ratio Point value (including transfer ratio) Value of 60,000-point sign-up bonus
Singapore Airlines 1:1 2.17 cents $1,302
Avianca 1:1 1.5 cents $900
Turkish Airlines 1:1 1 cent $600
Asia Miles 1:1 1 cent $600
Etihad Guest 1:1 1 cent $600
Eva Air 1:1 1 cent $600
Air France/KLM 1:1 1 cent $600
Garuda Indonesia 1:1 1 cent $600
Jet Airways 1:1 1 cent $600
Malaysia Airlines 1:1 1 cent $600
Qantas 1:1 1 cent $600
Qatar 1:1 1 cent $600
Thai Airways 1:1 1 cent $600
Virgin Atlantic 1:1 0.8 cent $480
JetBlue 2:1 0.74 cent $444

Should you apply for the Citi ThankYou Premier card now?

With the sign-up bonus currently at 60,000 points, now is the perfect time to apply for the Citi ThankYou Premier card. Just be certain that you haven’t owned a ThankYou Premier, ThankYou Preferred or Citi Prestige within the past 24 months prior to applying.

See related: American Express Platinum card offers 100,000 bonus points through CardMatch, Earn 40,000 bonus miles with the Chase United Explorer card 

The editorial content below is based solely on the objective assessment of our writers and is not driven by advertising dollars. However, we do receive compensation when you click on links to products from our partners. Learn more about our advertising policy


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Updated: 09-25-2018