Finance

Citi ThankYou Points Value: What They’re Worth

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Deciding to spend or earn Citi ThankYou factors usually hinges on one query: How a lot are they price? You do not need to spend them for lower than they’re price or attempt to earn extra if they don’t seem to be price sufficient.

In line with our data-driven evaluation, the worth of Citi ThankYou factors is between 1 cent (when reserving journey immediately) and 1.5 cents (when transferred to companions).

Why the unfold? The decrease worth displays a “baseline” determine you possibly can anticipate when utilizing ThankYou factors in a fashion with the least quantity of problem concerned. The upper worth of 1.5 cents per level displays how a lot worth you can squeeze from them with somewhat extra know-how and energy.

Primarily, there are two separate methods to make use of Citi factors, and so they every carry their worth (and tradeoffs).

The worth when reserving by the Citi ThankYou journey portal

There’s nothing to investigate right here: When reserving by the issuer’s journey portal, referred to as the Citi ThankYou Rewards Journey Heart, ThankYou factors are price precisely 1 cent apiece. So if you happen to e-book a $500 flight and “pay” along with your factors, it’s going to price 50,000 ThankYou factors.

This worth does not have any wiggle room. You possibly can’t squeeze extra worth out of your factors by looking out extra or reserving with explicit airways. Some extent is simply price a cent by the portal, regardless of the way you redeem it.

The tradeoff right here is comfort. In fact, one cent is not the very best worth you may get from ThankYou factors (see under), however reserving by the portal is way simpler than transferring factors to companions and reserving award journey.

In actual fact, if studying the earlier sentence felt such as you have been studying a overseas language, bear in mind, you possibly can all the time preserve issues easy and e-book immediately with the airline.

The worth when transferring to companions

Now we’re moving into the actual nerdery. To get greater worth out of your Citi ThankYou factors, you possibly can switch them to one in every of many resort and airline companions, then e-book journey by them.

Once more, the tradeoff is comfort — this time within the different route. Transferring and reserving with companions is a multiple-step course of that requires persistence and understanding.

In line with our evaluation, listed below are a number of the finest switch companions, together with their worth.

Take into account that not like the baseline worth for utilizing ThankYou factors immediately, these switch accomplice values are estimates based mostly on information from tons of of flights. So any given redemption might supply roughly price than our valuation.

What does this imply for transferring ThankYou factors? First, earlier than transferring your factors, it’s best to fastidiously analysis and evaluate which flights you intend to take and which switch accomplice helps them. Subsequent, evaluate the money worth to the price utilizing factors or miles to make sure it is a good redemption. Then test whether or not award fares can be found and, lastly, switch factors.

The Citi ThankYou factors worth on Amazon

You should use your Citi factors as an alternative of money to make purchases on Amazon. Though the worth per level shouldn’t be listed on the Citi or Amazon websites (and might due to this fact change at any time), the present redemption worth is 0.8 cents per level.

This can be a awful redemption for 2 causes:

  • The worth per level is way lower than even the decrease finish of utilizing factors to e-book journey.

  • You will not earn factors on the acquisition. That’s, if you happen to paid with one other card moderately than factors, you’ll really earn extra factors.

All in all, we discourage utilizing Amazon to redeem Citi ThankYou factors except you are making an attempt to filter a number of remaining factors out of your stability.

Citi ThankYou factors calculator

Use our Citi ThankYou factors calculator under to find out the worth of your stash of factors, based mostly on each the baseline and BaghdadTime estimated values.

How a lot are your Citi ThankYou factors price? This calculator can convert any variety of factors into an equal money worth, permitting you to determine what they’re actually price.

Playing cards that earn Citi ThankYou factors

Citi affords a number of merchandise that earn the ThankYou rewards forex. Listed below are a few of its most outstanding:

Citi Rewards+® Card
BaghdadTime score 

Be taught Extra

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

  • 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 yr.

Signal-up bonus: Earn 20,000 bonus factors after you spend $1,500 in purchases along with your card inside 3 months of account opening; redeemable for $200 in reward playing cards at thankyou.com. For a restricted time, earn 5 ThankYou® Factors per $1 spent on air journey and resorts as much as $6,000 within the first 12 months after which 1 ThankYou® Factors per $1 spent thereafter.

Citi Custom Cash℠ Card
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Be taught Extra

  • Earn 5% money again (within the type of ThankYou® Factors) on purchases in your high eligible spend class every billing cycle, on as much as $500; earn 1% again on all different purchases.

  • Eligible classes embrace eating places, gasoline stations, grocery shops, choose journey, choose transit, choose streaming providers, drugstores, house enchancment shops, health golf equipment and stay leisure.

  • 0% intro APR on Purchases and Stability Transfers for 15 months, after which the continuing APR of 13.99%-23.99% Variable APR.

Signal-up bonus: Earn $200 in money again after you spend $750 on purchases within the first 3 months of account opening. This bonus supply shall be fulfilled as 20,000 ThankYou® Factors, which may be redeemed for $200 money again.

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

  • 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 yr.

Signal-up bonus: Earn 2,500 bonus factors after you spend $500 in purchases along with your card inside 3 months of account opening; redeemable for a $25 reward card at thankyou.com.

Citibank ThankYou Premier Credit Card
BaghdadTime score 

Be taught Extra

  • 3 ThankYou factors per $1 spent on eating places, supermarkets, air journey, resorts and gasoline 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 by thankyou.com.

Signal-up bonus: Earn 60,000 bonus ThankYou® Factors after you spend $4,000 in purchases inside the first 3 months of account opening.

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

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

  • 1 ThankYou level per greenback on all different purchases.

Signal-up bonus: Earn 50,000 bonus factors after spending $4,000 in purchases inside the first 3 months of account opening*

How did we decide the worth of Citi ThankYou factors?

For our BaghdadTime estimate of 1.5 cents per ThankYou level, we factored in a number of variables:

  1. The worth of those factors when used to e-book journey immediately with the bank card’s journey portal.

  2. The worth of the airline and resort factors to which these factors may be transferred, when relevant (based mostly on the separate analyses above).

  3. The variety of top-tier journey switch companions, as decided by our skilled panel.

The general worth is decided as a weighted common between (1) and (2), with the load decided by (3). This system with the biggest variety of high-value companions receives a 100% weight on (2), and a program with zero high-value companions receives a 50% weight on (2).

The data associated to the Citi Status® Card and the Citi Rewards+℠ Pupil Card has been collected by BaghdadTime and has not been reviewed or offered by the issuer or supplier of this services or products.

Learn how to maximize your rewards

You desire a journey bank card that prioritizes what’s necessary to you. Listed below are our picks for the finest journey bank cards of 2022, together with these finest for:

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