Citi has upped the bonus on their Thank You Premier Card, which now offers a 50,000 point sign up bonus (sign-up offer expired) after $2,000 worth of purchases in the first three months. Thank You Points used to be much more rewarding, though nowadays can be redeemed for airfare at a fixed rate of 1.33 cents per point, so you’re basically getting $665 of airfare through this sign up bonus. The annual fee is $125, which is not waived for the first year, bringing down the maximum value of this offer to $540.
I’m only mentioning this offer because it’s much better than their normal offer. I have no intentions of signing up for the card, since it’s really not much better than a normal 30,000 mile sign-up bonus (valuing miles at 1.8 cents each), which is on the low side nowadays.
Still, I’m sure it interests some of you.