A Beginner’s Guide To Citi ThankYou Points

citi-thankyouLike most other banks, Citi offers its own proprietary rewards program called ThankYou points. These points are earned from several of their reward credit cards, as well as from retail banking accounts. These accounts are called sponsor accounts, and all the points earned from each of these accounts are pooled together.

Earning points

Most Citi credit cards earn one ThankYou point per dollar spent, while the Citi Forward cards earn five points per dollar spent on dining and entertainment. Some other card feature bonus categories as well.  For those with multiple sponsor accounts, such as multiple credit cards or bank accounts, all the points are pooled into one account.

Using points

Points can be used in several different ways. There are merchandise awards that allow customers to redeem points directly for goods. There are gift cards from many popular retailers. And points can be redeemed for travel through Citi’s travel agency. Travel options include hotels, rental cars, cruises, activities, and flights on most major airlines except Southwest. Points are worth one cent each towards most of these options, but when a sponsor account includes the ThankYou Premier or ThankYou Prestige cards, points are worth 1.33 cents towards airfare.

Another option is to redeem points for one cent each towards mortgage or student loan repayments. Cardholders must call Citi and ask them to issue a check made out to the bank that holds their loan.

Other options include cash back and statement credits, but these do not return a full one cent in value for each dollar spent.

Getting the most value for your points

Clearly, the best way to redeem these points is for 1.33 cents each towards airfare, followed by any of the one cent options such as loan repayments and gift cards. Travel awards are also a good option as this is one of the few ways to use award points for rental cars, activities, or non-chain hotels.

By understanding the basics of Citi’s ThankYou rewards program, cardholders can make the best decisions when it comes to spending their reward points.


  • Enjoy 0% Intro APR on Balance Transfers and Purchases for 15 months. After that, the variable APR will be 12.99% - 22.99% based upon your creditworthiness*
  • There is a balance transfer fee of either $5 or 3% of the amount of each transfer, whichever is greater*
  • 2 ThankYou Points per dollar spent on dining at restaurants and entertainment
  • 1 ThankYou Point on other purchases.
  • Points do not expire and earn unlimited Thank You Points
  • Redeem ThankYou Points for merchandise, travel rewards, gift cards, cash and more
  • Travel with ease and enjoy global acceptance with Chip Technology
  • No annual fee*
Purchases Intro
Balance Transfers Intro
Regular APR
Annual Fee
Credit Needed

0%* for 15 months*

0%* for 15 months*

12.99%-22.99% (Variable)*

$0*

Excellent Credit



  • Earn 15,000 bonus ThankYou® points after you make $3,000 in purchases within 3 months of cardmembership — redeemable for $150 in gift cards.
  • 0% introductory APR on purchases for 6 months. After that, 13.24% variable*
  • Earn 3 ThankYou® points for every dollar you spend on eligible purchases in rotating business categories*
  • Points do not expire and there is no cap to the ThankYou points you can earn.
  • Redeem points for great rewards from business supplies and merchandise to gift cards, travel rewards or even cash rewards
  • No Annual Fee*
Purchases Intro
Balance Transfers Intro
Regular APR
Annual Fee
Credit Needed

0%* for 6 months*

N/A*

13.24% (Variable)*

N/A

Excellent Credit


About the author

Jason Steele

Jason Steele is a freelance journalist specializing in personal finance and travel and is recognized as an expert in credit cards. He is a regular contributor to many of the top personal finance sites such as Wise Bread and Money Talks News. His work has been frequently carried on mainstream news outlets such as MSN Money, Yahoo, Finance, and Business insider.

Jason lives in Denver Colorado with his wife and two daughters.

– has written 288 posts.

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