Citi ThankYou Factors: How you can Earn and Use Them


The Citi ThankYou rewards program lets eligible financial institution or bank card clients accumulate rewards, often known as ThankYou factors, on purchases made with a qualifying bank card.

ThankYou factors will be precious, particularly for vacationers, however the rewards program is much less simple and a bit tougher to navigate in comparison with these provided another issuers:

  • Redemption choices fluctuate relying on what particular Citi card you’ve.

  • Level values additionally vary extensively. You might be able to rating a terrific deal on aircraft tickets (in case you have the best Citi card), however money again yields a poor return.

  • Whereas Citi does enable level transfers to a number of journey loyalty packages, entry to this function once more is dependent upon which card you’ve. And solely one in all Citi’s journey companions is a home program.

Nonetheless, ThankYou factors are versatile and versatile, particularly in case you have particular redemptions in thoughts. Right here’s the right way to take advantage of out of Citi ThankYou factors.

Citi ThankYou factors: The fundamentals

You possibly can earn ThankYou factors via an eligible banking relationship with Citi or paying for purchases with an eligible Citi bank card. Rewards will be accessed logging into your Citi account or visiting the ThankYou web site.

ThankYou factors are value a median of 1 cent every, in response to NerdWallet valuations, however that can fluctuate relying on the way you redeem and which ThankYou bank card you’ve.

Usually, ThankYou factors will be redeemed for:

  • Money again or assertion credit.

  • Purchasing at collaborating retailers.

  • Funds towards a mortgage or scholar mortgage.

Bank cards that earn ThankYou factors

Citi affords a number of merchandise that earn the ThankYou rewards foreign money. Listed here are a few of its most outstanding:

Citi Rewards+® Card

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Citi Rewards+® Card

  • 2 ThankYou factors per $1 spent at supermarkets and fuel stations (on as much as $6,000 in purchases per 12 months).

  • 1 ThankYou level per $1 spent on all different purchases.

  • Rewards are rounded as much as the closest 10 factors on each buy.

  • Get 10% factors again for the primary 100,000 factors you redeem per 12 months.

Signal-up bonus: Earn 15,000 bonus factors after you spend $1,000 in purchases along with your card inside three months of account opening; redeemable for $150 in reward playing cards at thankyou.com..

Citi Rewards+℠ Scholar Card

  • 2 ThankYou factors per $1 spent at supermarkets and fuel stations (on as much as $6,000 in purchases per 12 months).

  • 1 ThankYou level per $1 spent on all different purchases.

  • Rewards are rounded as much as the closest 10 factors on each buy.

  • Get 10% factors again for the primary 100,000 factors you redeem per 12 months.

Citibank ThankYou Premier Credit Card

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Citi Premier® Card

  • three ThankYou factors per $1 spent on eating places, supermarkets, air journey, resorts and fuel stations.

  • 1 ThankYou level per $1 spent on all different purchases.

  • $100 annual resort financial savings on a single resort keep of $500 or extra bought via thankyou.com.

Signal-up bonus: Earn 60,000 bonus ThankYou® Factors after you spend $4,000 in purchases inside the first three months of account opening.

Citi Status® Card

  • 5 ThankYou factors per greenback spent on eating out and air journey purchases.

  • three ThankYou factors per greenback spent on cruise strains and resort purchases.

  • 1 ThankYou level per greenback on all different purchases.

  • There’s additionally a sign-up bonus. (This supply is now not legitimate on our web site.)

Different methods to earn ThankYou factors

You should buy ThankYou factors, however you’ll pay greater than they’re value. They go for two.5 cents every, and you may purchase them solely in increments of 1,000. If you do not have sufficient factors for a selected redemption, you possibly can in some circumstances pay the distinction in money as a substitute, which can find yourself being a greater deal than shopping for factors outright.

How you can redeem Citi ThankYou factors

In lots of circumstances, you possibly can redeem ThankYou factors immediately via Citi’s ThankYou.com web site. This is the right way to use your factors.

Journey

You possibly can redeem ThankYou factors via the ThankYou Journey Middle for airfare, cruises, resorts, automobile leases and different types of journey. Log in to your Citi account to entry these choices. Factors redeemed for journey fluctuate in worth based mostly on the itinerary, time of journey and price of journey.

You probably have an eligible Citi card — such because the Citi Premier® Card or Citi Status® Card — it’s also possible to switch factors to greater than a dozen collaborating journey loyalty packages, most often at a 1-to-1 ratio. The complete checklist is right here, however among the most outstanding companions embody:

Nerd tip: For the Citi Rewards+® Card or the Citi® Double Money Card – 18 month BT supply, the one eligible switch accomplice for ThankYou factors is JetBlue TrueBlue.

Present playing cards

Present card redemptions usually begin at 2,500 factors. They often redeem at a price of 1 cent per level. Citi’s ThankYou web site has a number of manufacturers and classes to select from, together with eating places, department shops, journey and electronics, amongst others.

Money again

Redeeming for money can minimize your rewards in half. Money typically redeems at a price of 0.5 cent per level in denominations of $50 and $100. And you’ll’t redeem money into your checking account; it’s important to await a verify to reach within the mail.

Assertion credit score

Assertion credit score has extra versatile denomination choices that redeem into your account inside two billing cycles. It may assist pay down your total stability, however you’ll nonetheless be on the hook for the minimal fee.

Funds towards a mortgage or scholar mortgage

ThankYou factors are value 1 cent apiece when redeemed for a verify to the lender, and you will have a number of denomination choices, starting from $25 to $1,000. You will should name 1-800-THANKYOU to redeem for both possibility.

Charity

Different redemption choices

  • Store With Factors program: You possibly can redeem ThankYou factors at collaborating on-line retailers, together with Amazon.com. Factors can be utilized towards a purchase order or for assertion credit score.

  • Pay With Factors: After you’ve got made an internet or in-store out-of-pocket buy, you are notified way of the Citi cellular app whether or not that merchandise is eligible to be coated ThankYou factors. In that case, you possibly can apply your ThankYou factors to the acquisition in alternate for a press release credit score that arrives inside two to 3 enterprise days. Buy classes that could be eligible embody eating out, groceries, leisure and department shops, amongst others. You will should arrange alerts to remain on high of purchases that qualify. If you happen to resolve to Pay With Factors, a redemption worth of 0.eight cent per level will apply. That is decrease than the business commonplace of a penny per level.

  • On-line Invoice Pay With Factors: Use ThankYou factors, or a mix of factors and money, to pay payments way of the issuer’s on-line invoice pay function. (You should be an eligible Citi checking account holder for this selection.)

The wonderful print

With a Citi ThankYou bank card, chances are you’ll earn ThankYou factors so long as your account is open and present. There’s no cap to what number of you possibly can earn, though late funds could prohibit you from redeeming factors. Except your phrases state in any other case, factors usually expire inside three years from the top of the 12 months through which you obtain them.

It additionally helps to know your bank card’s phrases and circumstances so that you just’re conscious of non qualifying purchases. As an example, some playing cards earn factors in classes like eating places, however your buy could not qualify for the upper rewards price if the restaurant is positioned inside a division retailer.

Data associated to the Citi Status® Card and Citi Rewards+℠ Scholar Card has been collected NerdWallet and has not been reviewed or offered the issuer of this card.



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