BACK

Monkey Business Images / Shutterstock

Rewards Programs

Earning and using Citi ThankYou points

Everything you need to know about earning Citi ThankYou rewards and redeeming them for the maximum value

Summary

Our Citi ThankYou guide gives a full overview on the best ways to earn and redeem ThankYou points.

The content on this page is accurate as of the posting date; however, some of our partner offers may have expired. Please review our list of best credit cards, or use our CardMatch™ tool to find cards matched to your needs.

Citi is a CreditCards.com advertising partner.

#Credit card rewards programs are designed to vie for your attention. The leading travel rewards cards include a variety of bonus offers as well as flexible points redemption options. But how refreshing is it to find a program that actually thanks you for choosing its team in its name? Here’s our analysis of the Citi ThankYou Rewards program and some best practices for using your points.

What are Citi Card ThankYou points?

Citi ThankYou points are the rewards currency offered by Citi’s credit card loyalty program. In gratitude for your business, Citi allows you to collect points by making transactions with one of its designated rewards cards. The points can then be redeemed for various rewards, including purchases from Amazon or Best Buy, gift cards, statement credits and travel reservations. Some cards that offer Citi ThankYou points also allow you to transfer your rewards to airline miles.

Once approved for one of the Citi ThankYou credit cards, cardholders can immediately begin earning points. The customer’s Citi account can be managed via the Citi online credit card portal. And your Citi rewards can be managed through ThankYou.com.

How to earn Citi card ThankYou points

Using your Citi credit card for everyday spending is just scratching the surface when it comes to acquiring ThankYou points. Here are some other ways to maximize your earning capabilities.

Welcome bonuses

Welcome bonuses are one of the easy ways to earn ThankYou points right away. While bonus offers for new cardmembers change periodically, they are often competitive and fairly easy to obtain. Here’s what Citi currently offers for each card:

CardSign-up bonus
Citi Double Cash

Citi Premier® Card

Earn 80,000 bonus points if you spend $4,000 in first 3 months of account opening
AT&T Access

AT&T Access from Citi*

Earn 10,000 bonus points if you spend $1,000 in first 3 months of account opening
Citi Rewards+ Card

Citi Rewards+® Card

Earn 15,000 bonus points if you spend $1,000 in first 3 months of account opening
Citi Prestige

Citi Prestige® Card*

Earn 50,000 bonus points if you spend $4,000 in first 3 months of account opening
Citi Rewards+ Card

Citi Custom Cash Card

Earn $200 in cash back (fulfilled as 20,000 ThankYou points) if you spend $750 in first 3 months of account opening

According to Citi, bonus ThankYou points for new accounts aren’t available if you have had a ThankYou Preferred, ThankYou Premier or Citi Prestige card opened or closed in the past 24 months.

Category bonuses

Spending is the name of the points-earning game. But if you can earn bonus points by spending more in certain categories, why not do so? Citi offers ThankYou bonuses for spending in the following categories:

  • Gas Stations – Earn 3X ThankYou points with the Citi Premier Card. Earn 2X ThankYou points with the Citi Rewards+ Card (up to $6,000 per year in combined gas station and supermarket purchases, then 1 point per dollar).
  • Travel – Earn 3X ThankYou points on air travel and hotels with the Citi Premier. Earn 5X ThankYou points on air travel and 3X points on hotels and cruises with the Citi Prestige.
  • Supermarkets – Earn 3X ThankYou points at supermarkets with the Citi Premier. Earn 2X ThankYou points on supermarket purchases (up to $6,000 per year in combined gas station and supermarket purchases, then 1 point per dollar) with the Citi Rewards+ Card.
  • Restaurants – Earn 3X ThankYou points with the Citi Premier Card. Earn 5X ThankYou points with the Citi Prestige.

Additionally, the new Citi Custom Cash℠ Card offers 5% cash back (5 ThankYou points) on purchases in your top eligible category every billing cycle (up to $500 in spend per billing cycle, then 1%). The eligible categories are restaurants, gas stations, grocery stores, select travel, select transit, select streaming services, drugstores, home improvement stores, fitness clubs and live entertainment.

Banking bonuses

Citi is offering some extra icing on top by helping you organize your bank accounts. If you have a Citibank account, you simply need to register with ThankYou Rewards to begin earning bonus ThankYou points. You can earn up to 1,600 points per month by enrolling in direct deposit and bill payment, as well as by making at least one debit or credit transaction.

Cards that earn Citi ThankYou points

Let’s take a look at the Citi ThankYou rewards cards, which card is best for what sort of cardholder and how each card’s rewards rates stack up:

CardAnnual FeeRewards rateBest for
Citi® Double Cash Card$0
  • Up to 2% cash back on every purchase (1% when you buy and 1% when you pay off those purchases)
  • Transfer your cash back to Citi ThankYou points at a rate of $1 cash back to 100 ThankYou points.
Flat-rate cash back
Citi Prestige® Card$495
  • 5X points on air travel and restaurants
  • 3X points on hotels and cruise lines
  • 1X points on other purchases
Luxury travel
Citi Premier®
Card
$95
  • 3X points at restaurants, supermarkets, gas stations, hotels and air travel
  • 1X points on other purchases
Travel and dining
AT&T Access Card from Citi$0
  • 2X points on online retail, travel websites and AT&T products and services
  • 1X points other purchases
Online shopping and AT&T customers
Citi Rewards+ Card$0
  • 2X points at supermarkets and gas stations (on up to $6,000 per year in purchases, then 1X points)
  • 1X points on all other purchases
  • Every purchase rounded up to nearest 10 points ($2 soda earns 10 points, $13 movie ticket earns 20 points)
Supermarket purchases
Citi Custom Cash℠ Card$05% cash back in your top eligible spend category each billing cycle (up to $500 spent per billing cycle, then 1%) and 1% on all other purchasesFlexible rewards

Comparing ThankYou Rewards with other rewards programs

Citi’s closest rewards program competitors are American Express’ Membership Rewards program and Chase’s Ultimate Rewards program, as well as the Capital One miles program. Each program has a similar point value and allows you to transfer points for travel miles. While it can be tough to distinguish among these programs at first glance, they do have several differences, which we highlight in the table below:

Rewards programTravel point redemption valueBonus point offersTransferring points to other accountsPoint expiration
Citi ThankYou Rewards1 cent per point value toward airfare, hotels, cruises and car rentalsBank accounts that offer ThankYou points can be redeemed for rewardsMove points to anyone’s ThankYou account, with transfer limit of 100,000 points per calendar year. Points expire 90 days after transfer.ThankYou points earned expire 60 days after card cancellation.
American Express Membership Rewards1 cent per point value for airfare; 1.35 cents per point value for eligible flights when you have The Business Platinum Card® from American ExpressOffers bonus points through Uber and Amex Offers programPoints cannot be moved to other accounts, but you can transfer points to another person’s frequent flyer program if the recipient is an authorized user on your Membership Rewards credit card account.Membership Rewards points do not expire as long as you have an active card that participates in the Membership Rewards program.
Chase Ultimate Rewards1.5 cents per point value with Chase Sapphire Reserve; 1.25 cents per point value with Chase Sapphire Preferred CardOffers bonus points through Chase Offers programMove points from or to spouse or domestic partner living at the same address only. For business cards, the recipient must be an employee of the primary account holder. Recipients must be an authorized user of a Chase credit card that earns Ultimate Rewards points.Points will be lost if the account is closed, but points can be transferred to another active account beforehand.
Capital One MilesDouble miles on all purchases with Capital One Venture Rewards Credit Card and 1.25 miles per dollar with Capital One VentureOne Rewards Credit Cardn/aMiles can be shared with anyone.Miles are lost when the account is closed, and the cardholder no longer has an active account that offers miles.

How much are Citi ThankYou points worth?

The value of ThankYou points will vary considerably depending on how you redeem them and which rewards card you use. For example, travel redemptions offer you 1 cent per point in value, but a statement credit would need 2 points to yield a value of 1 cent. Here’s a look at the typical ThankYou point value by redemption category:

RedemptionAverage point value
Shopping0.83 cent
Pay with points0.8 cent
Cash back0.5 cent
Amazon/Best Buy0.8 cent
Statement credit0.5 cent
Flights1 cent
Gift cards1 cent
Home mortgage or student loan repayments1 cent
Select and credit0.75 cent

How to use Citi ThankYou points

After you’ve had some practice collecting your ThankYou points, next comes the fun part – redeeming them. Redemption options are where the real strategy comes into play. You’ll want to redeem your points for the most possible value. For example, if you redeem 10,000 points for a statement credit, you’ll only receive $50 value from those points. But if you choose to redeem the same 10,000 points for a home mortgage or student loan payment, you’ll yield $100 in value.

If redeeming for travel, you can directly book travel with ThankYou points through the Citi travel portal found at the ThankYou rewards center. The benefit of booking directly is simplicity and the consistent value you’ll receive, which is 1 cent per point.

Alternatively, Citi Premier and Prestige cardholders can transfer their points (including points earned with other Citi cards) to frequent flyer miles with 16 different airlines, including JetBlue, Virgin Atlantic, Turkish, Singapore and Emirates. When you redeem your miles for expensive tickets, it’s sometimes possible to receive more than 1 cent in value per point transferred to miles.

Transferring ThankYou points 

Citi ThankYou points can be transferred to almost all airline partners at the 1:1 ratio, in 1,000 point increments. The only current exception is JetBlue, which offers either 800 or 1,000 JetBlue points for every 1,000 ThankYou points redeemed depending on which Citi card you have. However, Citi occasionally offers bonuses that return a more favorable transfer ratio.

Citi ThankYou transfer partnersTransfer ratio1,000 ThankYou points =
Aeromexico1:11,000 Premier points
Asia Miles1:11,000 Asia miles
Avianca Lifemiles1:11,000 Avianca miles
Emirates Skyward1:11,000 Emirates Skywards miles
Etihad Guest Miles1:11,000 Etihad Guest miles
Eva Air1:11,000 Eva Air miles
Flying Blue (Air France, KLM)1:11,000 Flying Blue miles
JetBlue TrueBlue1:0.8 or 1:1800 or 1,000 TrueBlue points
InterMiles1:11,000 Intermiles
Malaysia Airlines1:11,000 Malaysia miles
Qantas Frequent Flyer1:11,000 Qantas miles
Qatar Privilege Club1:11,000 Qatar Privilege miles
Singapore Airlines1:11,000 Singapore Airlines miles
Thai Royal Orchid Plus1:11,000 Thai Royal miles
Turkish Airlines1:11,000 Turkish Airlines miles
Virgin Atlantic Flying Club1:11,000 Virgin Atlantic miles

Compared with both the Chase Ultimate Rewards and the American Express Membership Rewards programs, Citi’s ThankYou program has fewer domestic airline partners, as well as no hotel partners.

Citi perks and benefits

Other than the flexible rewards options offered by Citi ThankYou credit cards, Citi cards that offer ThankYou points no longer offer any travel insurance or purchase protection benefits. In contrast, American Express, Capital One and Chase continue to offer benefits like rental car insurance, trip delay and cancellation coverage, extended warranty policies, and theft and damage benefits. However, Citi still includes some credit protection, dining and entertainment benefits.

*Information about the AT&T Access from Citi and the Citi Prestige Card has been collected independently by CreditCards.com. The issuers did not provide the details, nor are they responsible for their accuracy.

Editorial Disclaimer

The editorial content on this page is based solely on the objective assessment of our writers and is not driven by advertising dollars. It has not been provided or commissioned by the credit card issuers. However, we may receive compensation when you click on links to products from our partners.

What’s up next?

In Rewards Programs

Benefits of the Citi Double Cash

With the Citi Double Cash Card, you earn 2% cash back on every purchase you make and pay off — but what are the card’s other benefits?

See more stories
Credit Card Rate Report
Business
14.22%
Airline
15.51%
Cash Back
16.10%
Reward
15.90%
Student
16.78%

Questions or comments?

Contact us

Editorial corrections policies

Learn more