How do I redeem my Citi Rewards+ Card points?

To redeem Citibank rewards, log in to the Citi ThankYou Rewards portal online and select a redemption option. Citibank also allows cardholders to redeem rewards by calling the phone number on the back of their card or by using the Citibank mobile app.

How to Redeem Citibank Rewards Online

1. Log in to your Citibank credit card account.... read full answer
2. Go to the ThankYou Rewards portal.
3. Find the list of redemption options. These will depend on which Citibank rewards card you have.
4. Determine which redemption options give the most value for your cash back, points, or miles.
5. Redeem your Citibank rewards.

Common redemption options across all Citibank rewards cards include statement credits and gift cards, but the rest of the redemption options may change depending on which card you have. For some Citibank credit cards, the various redemption options will be worth different amounts. Make sure you do your research so that you can maximize the value you get from Citibank rewards redemption.

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)
... read full answer
• 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.

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.