Ending Soon: Citi ThankYou Premier Card 50K Sign-Up Bonus

In the interest of full disclosure, One Mile At A Time earns a referral bonus for anyone that’s approved through some of the below links. These are the best publicly available offers that we have found for each card. Please check out our advertiser policy for further details about the partners we work with. Thanks for your support!

Update: This offer for the Citi Prestige® Card is expired. Learn more about the current offer here.

Update: This offer for the Citi ThankYou® Premier Card is expired. Learn more about the current offer here.


The Citi ThankYou® Premier Card 50,000 point sign-up bonus will be changing on Thursday, January 28, 2016. We don’t know what the new offer will be, though my guess is that it’s going down. Below is some background, along with what I know so far.

The value of Citi ThankYou points

Since last April, Citi has upped their game when it comes to consumer credit cards, and in particular their cards which accrue Citi ThankYou points. Most lucrative have been the Citi ThankYou® Premier Card and Citi Prestige® Card:

  • Citi ThankYou® Premier Card
    • Earn 50,000 bonus ThankYou Points after you spend $3,000 in purchases within three months of account opening
    • $95 annual fee, waived the first year
  • Citi Prestige® Card
    • Earn 50,000 bonus ThankYou Points after you spend $3,000 in purchases within three months of account opening
    • $450 annual fee (though tons of perks which help offset it)

Citi-Prestige-Premier

Why the Citi Prestige Card has been especially awesome

The Citi Prestige® Card is a fantastic premium card, intended to compete with the likes of The Platinum Card® from American Express. The value proposition is fantastic, as it offers so many perks which help offset the annual fee, including:

St-Regis-Bali-Lagoon-Villa - 4
I used the Citi Prestige Card fourth night free offer at the St. Regis Bali

The value of the Citi ThankYou Premier Card

The more mid-range card is the Citi ThankYou® Premier Card, which is intended to compete with the Amex EveryDay® Preferred Credit Card and Chase Sapphire Preferred® Card. Not only does the card have an awesome 50,000 point sign-up bonus, but it also has one of the most rewarding points structures of any card, offering the following:

  • 3x points on travel
  • 3x points on gas
  • 2x points on dining out and entertainment
  • 1x point on all other purchases

For my personal spend patterns, the Citi ThankYou® Premier Card offers the most lucrative category bonuses of any card out there. A vast majority of my credit card spend is for travel and dining purchases, so earning 2-3x points for those purchases is awesome.

While it’s not a huge expense for me, earning triple points on gas is also awesome.

Gas-Station
Earn 3x points on gas purchases with the Citi ThankYou Premier Card

What can you do with 50,000 ThankYou points?

If you apply for the Citi ThankYou® Premier Card and earn the sign-up bonus, what can those points be used for?

So in conjunction with the Citi Prestige Card, 50,000 ThankYou points are worth $800 of airfare on American.

Singapore-Suites-1
Redeem Citi ThankYou points for Singapore Airlines Suites Class

Can you apply for both the Citi Prestige and Citi Premier Card?

Absolutely! You can be approved for both the Citi Premier and Citi Prestige Card and earn the sign-up bonus on both cards, for a total of 100,000+ points.

Just keep Citi’s policy in mind when it comes to applying for new cards:

  • You can only apply for one Citi card every eight days
  • You can apply for no more than two Citi cards every 65 days

As long as you wait at least eight days between applications, you should be able to get approved for both cards. I have both cards, and consider them to both be worthwhile. I’d generally recommend applying fro the Citi ThankYou® Premier Card first and then applying for the Citi Prestige® Card, given that an end date is in sight for the current Citi ThankYou Premier offer.

Bottom line

The Citi ThankYou® Premier Card is one of the most rewarding cards out there for everyday spend. Earning triple points on all travel and gas purchases, plus double points on dining and entertainment, is pretty tough to beat.

The 50,000 ThankYou point sign-up bonus is awesome as well, especially in conjunction with the Citi Prestige® Card. If you get the sign-up bonus on both cards, those 100,000+ points can be redeemed for $1,600+ worth of airfare on American.

American-Business-Class
Redeem Citi ThankYou points for 1.6 cents each towards travel on American

So if you’ve been eying the Citi ThankYou® Premier Card, now is the time to apply — you have a bit over a week left to do so!

Regarding Comments: The comments on this page have not been provided, reviewed, approved or otherwise endorsed by any advertiser, and it is not an advertiser's responsibility to ensure posts and/or questions are answered.

Comments

  1. Any thoughts on how Citi will manage their relationship with Costco? The reason I ask is that I only go to Costco for gas and starting this April Costco will switch all their cards to Citi/Visa. However, all my Citi cards including the Premier and Prestige are Mastercard so I cannot take advantage of the 3x points on gas purchases. When I asked Citi if I could have mine switched to Visa they said NO and that almost 95% of their cards are issued by Mastercard.

  2. @Santastico: someone correct me if I’m wrong but I believe Costco gas purchases are not coded as gas and don’t qualify for gas category bonuses, so even if they accepted your card you’d still not get 3x.

  3. 02nz, that’s certainly been my experience with Amex cards with a gas category bonus. Hopefully VISA codes it differently, in which case I’ll use my Ink Bold for 2x.

  4. Hey, Lucky, my wife got her Premier a year ago, but it came as a Visa. I got mine a few months after and its a MC. Can my wife apply for this since it’s considered a different product?

  5. @ Bill S — Perhaps they will eventually, but as of now haven’t heard anything one way or another. So I assume if the bonus is lowered, it will be at a later date. I’ll post if I hear anything.

  6. @ Dino — Technically the terms state the following:
    “Bonus ThankYou Points not available if you have had a Citi ThankYou® Premier card opened or closed in the past 18 months”

    I *believe* this is considered a new product now that it switched from a Visa to a MasterCard and it rebranded, but I can’t guarantee it. But technically the terms seem to say the answer is “no.”

  7. Is this just for the premier only or prestige also? Does the 8/65 days apply to personal and biz card or just personal cards? Reason I asked is that I applied for both personal and biz AA card from citi back in December. Wanting to get the prestige card now but I might have to wait 65 days

  8. @ Tuan — The change in bonus is only on the Premier Card, as of now. The 8/65 rule applies to applications on both the personal and business cards, unfortunately.

  9. @ Lucky

    Great post. You’ve written previously about how Chase Sapphire has been known to turn down people who’ve opened recent credit card accounts. Would you still prioritize getting these two citi cards right now vs. Chase Sapphire? I had been planning on applying for the latter near term.

  10. @ Lombezien — For CSP approvals they do seem to care how many cards you’ve applied for recently, though they don’t seem to be completely consistent with enforcing that. How many inquiries have you had lately? If you call pull it in terms of minimum spend, I might pick up a Chase Sapphire Preferred and Citi ThankYou Premier around the same time, so you have them both at once.

  11. @02nz: Good point. I don’t know how it is coded but I see that when I use my Amex card at Costco for buying groceries it shows as “Costco Wholesale” and when I use it on Costco’s gas stations it shows in my statement as “Costco Gas”.

  12. This seems strange timing with the CSP at an all time high for the bonus. Dropping the sign up would take them from the top spot imo….wonder if it will come back around. Wish I had known this a few weeks ago…tried to take advantage of the 20k for 0 spend on xmas for the preferred (which they are dragging their feet on) and would have just taken the premiere instead.

  13. Hey Lucky,

    thanks for pointing this out. Pretty tempting to sign up for this one.

    What’s the difference between this and the Prestige card?

    It seems like out of the list of benefits you’ve listed, this one gives $100 towards Global Fee Entry Credit making it slightly better than the Prestige? The overlap is kind of big here for the $450 annual, so I’m pretty confused. On top of that I have the Amex Platinum so I guess the Global Fee entry credit kind of goes to waste on this card?

    Thanks for your time

  14. I saw a post this weekend, probably on BoardingArea, that listed out what the new Citi Visa reward categories will be. I believe it was something like:

    3% Gas
    2% Costco Purchases
    1% Everywhere else

  15. Any tips for earning sign up bonuses as an expat living overseas besides the obvious. Gift card solutions, loading PayPal, etc.

    Thanks.

    Ac

  16. I have read through the comments and I want to ask a question because I haven’t seen this answered anywhere. If I recently applied and was approved for the citi AAdvantage Platinum Select World and now considering that the citi premier thank you deal will be going away soon, can I also apply to the citi premier thank you? So I see a lot of information about applying to the prestige and the premier together , but nothing about whether or not I can apply (8 days apart) to the Citi premier thank you since I already own the citi AAdvantage. I read elsewhere that they consider this to be the same card so maybe not?

  17. Can either Prestige or Premier be ‘churned’, i.e. applying for a second one 18 months after the first one WITHOUT cancelling the first one?

  18. Jim s – My experience with Citi in general is “yes”, with AA cards and HHonors cards, however I haven’t tried it on the Prestige or Premier cards. I don’t see why they would be any different

  19. I still don’t grok the appeal of the Citi Prestige/Premiere cards. The ThankYou points seem far less valuable and flexible than other point currencies (Chase Ultimate, Starwood or Amex Member Rewards).

Leave a Reply

Your email address will not be published. Required fields are marked *