This post contains links to products from our advertisers, and we may be compensated when you click on these links. Our recommendations and advice are ours alone, and have not been reviewed by any issuers listed. Terms apply to offers listed on this page.
Citi is an Insider advertising partner.
The Citi ThankYou Rewards program is popular among credit card enthusiasts, in part because there are many ways to earn and redeem points. Citi issues multiple credit cards that earn ThankYou Rewards, including the popular Citi Premier® Card and no-annual-fee options like the Citi Rewards+® Card
and Citi Custom Cash℠ Card.
When it comes time to use your points, you’ve got plenty of options. If you prefer simplicity, you can redeem points for cash back — or use them toward travel booked through the Citi portal, gift cards, merchandise, charitable contributions, and even student loan and mortgage payments.
If you have the Citi Premier® Card or Citi Prestige® Card
(no longer available to new applicants), you can transfer points to 17 airline transfer partners, which include JetBlue, Air France-KLM, and (for a limited time) American Airlines. Redeeming points this way is often the best way to get maximum value from your Citi points, especially if you redeem for expensive first- or business-class award flights.
That’s just the tip of the iceberg, but the point is that the Citi ThankYou program can be lucrative and useful for almost anyone. If you’re thinking of signing up for a credit card like the Citi Premier® Card, Citi Custom Cash℠ Card, or Citi Rewards+® Card, keep reading to learn more about how you can put your Citi credit card rewards to work for you.
How to earn Citi ThankYou points
The easiest way to rack up Citi ThankYou points is with a Citi credit card, which you can easily apply for online. Fortunately, Citi offers several rewards cards geared to different types of spenders and rewards enthusiasts.
One key thing to remember about Citi ThankYou points: If you have multiple Citi cards, you can pool your rewards into a single account and redeem them from there.
Here are the top Citi credit cards available right now that you should consider for this program:
Citi Premier Card
15.99% – 23.99% Variable
Good to Excellent
80,000 bonus ThankYou® Points after you spend $4,000 in purchases within the first 3 months of account opening
The Citi Premier® Card is currently the only card open to new applicants that allows transfers to Citi’s full list of airline partners. It’s a good time to apply, too, because the card is offering a record-high welcome bonus of 80,000 bonus ThankYou® Points after you spend $4,000 in purchases within the first 3 months of account opening. There’s a $95 annual fee.
Read more: Citi Premier credit card review
There are plenty of reasons to consider the Citi Premier card other than unlocking lucrative award redemptions. Cardholders earn 3x points in a wide range of categories (supermarkets, restaurants, gas stations, air travel, and hotels) and 1 point per dollar on everything else.
You’ll also get $100 off a single hotel stay of $500 or more (excluding taxes and fees) booked through thankyou.com once per calendar year.
Citi Custom Cash Card
13.99% – 23.99% Variable
Good to Excellent
$200 in cash back, fulfilled as 20,000 ThankYou® Points, after you spend $750 on purchases in the first 3 months of account opening
0% intro APR for 15 months
The new Citi Custom Cash℠ Card is an excellent option, and it’s offering a bonus of $200 in cash back, fulfilled as 20,000 ThankYou® Points, after you spend $750 on purchases in the first 3 months of account opening. That’s a decent bonus for a no-annual-fee card, but the biggest reason to consider the Citi Custom Cash℠ Card is the ability to earn up to 5x rewards on your everyday purchases.
Read more: Citi Custom Cash card review
Cardholders earn 5% cash back (awarded as 5x ThankYou points) on up to $500 in purchases in the eligible category they spend the most in each billing cycle (then 1%), and 1% on all other purchases. The categories that qualify are restaurants, gas stations, grocery stores, select travel, select transit, select streaming services, drugstores, home improvement stores, fitness clubs, and live entertainment — so most people should find it easy to maximize this bonus.
Citi Rewards+ Card
13.49% – 23.49% Variable
15,000 bonus points after spending $1,000 in purchases in 3 months from account opening
0% intro APR on balance transfers and purchases for 15 months
With the no-annual-fee Citi Rewards+® Card, you can earn a welcome bonus of 15,000 bonus points after spending $1,000 in purchases in 3 months from account opening. You’ll also earn 2x points on the first $6,000 spent at supermarkets and gas stations each year (then 1x points) and 1x points on other purchases.
Read more: The best Citi credit cards of 2021
The card also comes with a unique perk: Citi will round up your rewards to the nearest 10 points for each purchase you make. This means that a $1 candy bar would earn you 10 points, a $23 shopping trip at Walmart would net you 30 points, and so on. Cardholders also receive a 10% rebate on all redeemed points each year, on up to the first 100,000 points (maximum rebate of up to 10,000 points per year).
You’ll also get 0% intro APR on balance transfers and purchases for 15 months, followed by a 13.49% – 23.49% Variable APR.
Citi Double Cash Card
13.99% – 23.99% (Variable)
2% cash back on all purchases
0% intro APR on Balance Transfers for 18 months. After that, the variable APR will be 13.99% – 23.99%, based on your creditworthiness.
Balance Transfer Fee
Either $5 or 3% of the amount of each transfer, whichever is greater.
The no-annual-fee Citi® Double Cash Card is technically a cash-back credit card, but if you have a Citi ThankYou account, you can convert your cash back into Citi ThankYou points at a ratio of 1 cent to 1 point.
Read more: Citi Double Cash Card review
It’s a great card if you don’t want to keep track of bonus categories, because it effectively earns 2% cash back on all purchases — 1% when you make a purchase and another 1% when you pay it off. The Citi® Double Cash Card also offers a 0% APR on balance transfers for the first 18 months (balance transfers must be completed in the first four months from account opening), followed by a 13.99% – 23.99% (Variable) APR.
How to use Citi ThankYou points
While you can get the most from the Citi ThankYou program if you redeem rewards for travel, there are a ton of non-travel options when it comes to cashing in your points. Here are the major redemptions you can choose once you’re ready to use your points for travel, merchandise, and more.
Transfer your points to airline partners
If you don’t have the Citi Premier® Card or Citi Prestige® Card, you only have a couple of transfer options. American Airlines, which is a limited-time transfer partner, is also available to Citi Rewards+® Card and Citi ThankYou® Preferred Card (not available to new applicants) cardholders, but at a reduced 2:1 transfer ratio.
And for all Citi cards (other than the Citi Premier® Card and Citi Prestige® Card), JetBlue is an option with a 5:4 transfer ratio.
While the value you’ll get when you transfer points to airlines can vary, you’ll get the most bang for your buck if you transfer points so you can book flights in first or business class, or if you focus on itineraries that are unusually expensive to pay for with cash.
Book travel through the Citi portal
The Citi ThankYou program also offers its own travel portal where you can book flights, hotels, cruises, car rentals, and even vacation packages. The Citi Travel Portal is an online travel booking platform that works in a similar way to Online Travel Agencies (OTAs) like Orbitz or Expedia.
You’ll get a value of 1 cent per point when you redeem your points this way, and you can pay in full with Citi ThankYou points, cash, or a combination of both.
Cash in your points for gift cards
You can also redeem your Citi ThankYou points for gift cards to a wide range of retailers, restaurants, and more. You will usually get 1 cent per point with this option, but it depends on the retailer so make sure to check.
Make a payment on your student loans or your mortgage
You can also use your Citi points to make a payment toward your student loans or your mortgage, although some restrictions apply. For example, you’ll get 1 cent per point with either option, but you can only redeem in specific increments ranging from $25 to $1,000.
Shop with points
Citi also lets you shop directly with points with retailers like 1-800 Flowers, Amazon.com, Best Buy, and Paypal. Just remember that you’ll typically get less than 1 cent per point in value if you choose this option.
With that in mind, you may want to opt for a cash reward instead so you can use it for the purchases you want.
Get a statement credit or cash rewards
Finally, the Citi ThankYou program lets you cash in your rewards for cash as a statement credit or cash back at a rate of 1 cent per point. Note that your cash rewards will come in the mail in the form of a check within one to three weeks of redemption, so you should expect some lag time in between.
Other important details about the Citi ThankYou program
Before you sign up for a Citi credit card, you should also know that the Citi ThankYou program lets you pool points with other members. There is no fee to do so, but you can only share up to 100,000 points with other members within a calendar year.
Also note that points transferred to a new account expire within 90 days, so you should have a plan to use your points before you let another person pool rewards in your account.
Either way, the fact you can share points makes the Citi ThankYou program a popular option among couples who travel together. Both partners can sign up for the same rewards credit cards to earn a big bonus, then you can pool your points in one account to redeem for premium airfare, a vacation package, a cruise, and more.
Good to Excellent
3 Free Nights (valued up to 50,000 points each) after spending $3,000 in the first 3 months, plus 10x total points per $1 spent on up to $2,500 in combined purchases in select categories within your first 6 months
Good to Excellent
$200 after spending $500 on purchases in the first three months from account opening
Good to Excellent
Business News Governmental News Finance News
Need Your Help Today. Your $1 can change life.