What's the best Citi card bonus offer?

Citi ThankYou points are worth up to 1.25 cents each, depending on which card you have and how you redeem. But a Citi ThankYou point’s value can also be as low as 0.5 cent.

Citi ThankYou points are worth most when earned with either the Citi Premier Card or Citi Prestige® Card and redeemed for travel through Citi. Travel is the most valuable redemption method for people with other Citi points credit cards, too, but you’ll only get 1 cent per point with them.... read full answer

A Citi ThankYou point’s value is lowest when redeemed for cash back. So if that’s what you’re after, you may want to consider getting a cash rewards credit card. Citi has a great one, if you’re interested: Citi® Double Cash Card – 18 month BT offer.

Below, we’ll give you a complete breakdown of the various ways in which Citi ThankYou points are valued.

Citi ThankYou Points Value by Card & Redemption Method:

​​​​​​​To be clear, the Citi ThankYou Preferred group actually covers five cards: Citi ThankYou Preferred, Citi ThankYou Preferred for Students, the AT&T Credit Card and two Expedia credit cards.

The Select & Credit feature may also need some explaining. This enables you to redeem ThankYou points to pay for specific purchases that appear on your statement. Purchases in the following categories qualify: dining, grocery, clothing and department stores, gas, utilities, entertainment, and drugstores. You cannot redeem for partial purchases using Select & Credit.

Many of the redemption methods require you to have a minimum number of Citi ThankYou points. You need at least 2,500 points to redeem for a gift card, loan payment or charity donation. You also need 2,000 points for a statement credit and 10,000 for a paper check.

If you have multiple accounts earning ThankYou Points, you can pool your points for easier spending. Select “Add a Sponsor Account” when you log in to your Citi account online. Points can even be transferred to someone else’s account but will expire after 90 days if not used.

For the most part, ThankYou points do not expire for the life of the account. Your points can be temporarily suspended if you make a late payment, but you can redeem them when you bring the account back to current status.

The best way to use Citibank points is for travel, statement credits or gift cards, depending on the card. Citi points are generally worth 1 cent when used for travel or gift cards.

Best Way to Redeem Citibank Points by Card

• Citi Premier® Card: travel or gift cards (1 cent per point)
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• Citi Rewards+® Card: travel, statement credits or gift cards (1 cent per point)
• Best Buy® Store Card: Best Buy reward certificate (2 cents per point)
• Citi Prestige® Card: travel or gift cards (1 cent per point)

You can learn more about the best ways to use Citibank points from WalletHub’s Citibank rewards program review.

Yes, there is a Citi Premier 60k bonus. More specifically, the current bonus is 60,000 points for spending $4,000 in the first 3 months. You can also earn 3 points per $1 spent at restaurants, supermarkets and gas stations, 3 points per $1 on air travel and hotels, and 1 point per $1 on all other purchases. Citi Premier bonus points value will be different, depending on how you redeem them.

Things to Know About the Citi Premier Current Bonus

• Processing time: The bonus should post to your account within 8-10 weeks after you meet the spending requirement.... read full answer
• Bonus eligibility: You’re eligible for the Citi Premier bonus if you haven’t opened or closed an account for the following cards in the last 24 months: Citi Premier® Card, Citi Rewards+® Card, Citi ThankYou® Preferred Card – Earn 30,000 Bonus Points, or Citi Prestige® Card.
• Rewards expiration: Citi Premier points do not expire as long as your account is open and in good standing.

Citi Premier is an ideal option for everyday expenses and travel purchases. But keep in mind that the card's annual fee is $95. So, you should decide whether the rewards are worth paying for.

Although high initial bonuses can be enticing, note that more rewards don't always equal more value. It all depends on how much the points or miles are worth. So, make sure to apply for a credit card that fits your financial needs.