What is the Citi Prestige sign up bonus right now?

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.

Most Citibank credit cards are on the Mastercard network, including the Citi Simplicity® Card and the Citi® Double Cash Card – 18 month BT offer. It is also worth noting that nearly all Visa cards that Citibank offers are co-branded, such as the Costco Anywhere Visa® Card by Citi and the Best Buy® Credit Card.

Both Visa and Mastercard benefit from extensive worldwide acceptance, so you’ll be able to use them anywhere credit cards are accepted.... read full answer

You can find a comprehensive list of both Citi Mastercard and Citi Visa credit cards, right here on WalletHub. If you would like to learn more about the differing roles played by card networks and card issuers, you can also check out WalletHub’s guide on credit card companies and major cards.