Transferring credit card points to an airline's frequent flyer program can be quite lucrative, depending on how you redeem. But almost all of Citi's transfer partners are international carriers, making them less useful for those who don't plan to travel abroad or don't want to delve into complex award charts.
| Positive points | Negative points |
|---|---|
| Big sign-up bonus | Annual fee |
| Annual hotel discount offer | Limited consumer and travel protections |
You can redeem points for travel through the Citi ThankYou portal, where you can expect a value of 1 cent per point. But you can also unlock a higher value for your points if you choose to transfer them to certain airline loyalty programs.
By offering 3 points for every $1 in two major travel categories, the Citi PremierCard has an advantage over competitors that offer only 2 points for every $1 on flights and hotels (and at the same price).
| Benefits | |
|---|---|
|
Groceries and gas
|
Grocery and gas rewards |
|
Savings
|
Annual Hotel Savings |
|
Flexible travel
|
Flexible travel rewards points |
|
No fee
|
No foreign transaction fee |
Sign-up Bonus
To get the 60,000-point sign-up bonus, you need to make $4,000 in purchases in the first three months. You can get up to $0.0125 per point on travel bookings made through the Citi ThankYou travel portal, so the bonus is worth up to $750 for travel. Click the button below and apply for your card:
I Want My CardVersatile rewards program
Earn up to 3 points per $1. This card's rewards rates include:
- 3 points per $1 at restaurants and supermarkets;
- 3 points for every $1 at gas stations, airline travel, and hotels;
- 1 point per $1 on all other purchases.
Citi ThankYou Rewards Program
Citi ThankYou points are among the most valuable types of travel rewards because of their redemption options. As mentioned above, you can get up to $0.0125 per point when you use those points on cash travel bookings through the Citi ThankYou travel portal. Citi also has more than a dozen airline partners with which you can transfer points to book award airline tickets.
No foreign transaction fee
It's important to get a travel card that you can use without paying extra, and the Citi Premier card qualifies. Another reason it's useful for international travel is that it's a Mastercard, one of the most widely accepted credit card types worldwide. Click the button below and apply for your card:
I Want My Card
