3 New Limited Time Citi Credit Cards – 50,000 ($500 in Gift Cards) Thank You Points Citi Business [Expired], 40,000 Points ($400 in Gift Cards)Thank You Preferred [Expired] & 50,000 American Airlines Miles

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[Emily and I get a referral for the Citi Business 50,000 Thank You Points,  40,000 Points Citi Thank You Preferred, & the 50,000 Points Citi American Airlines cards.  We are very grateful to readers who use our links.]

Citi has 1 new limited time Thank You points offer and increased the offer on the Citi American Airlines credit card (with a landing page which details the sign-up bonus).

In general, I like Thank You points because you can use them for ANY flights, so you can use these for flights when you don’t have much flexibility.  For example, we’ve redeemed Thank You points to visit Emily’s family in Michigan.

Or to cover expenses which you can’t usually cover with miles and points by redeeming for gift cards.  Thank You points are great for domestic air fare during busy times when there are no flights at the low mileage redemption level on other airlines.

On the flip side, this is not a good card for international first and business class tickets since you would have to earn 300,752 Thank You Points to earn a $4,000 business class ticket to Europe (400,000 cents/1.33 cents per Thank You point) versus, say, 100,000 points on the American Airlines or United cards.

You also can’t transfer Thank You points to other mile and points programs.

1.   Citi Business 50,000 Thank You Points

Link:  Citi Business 50,000 Thank You Points [Expired]

Up to December 20, 2012, you get 25,000 points after spending $3,000 within the first 3 months and another 25,000 points after spending $3,000 more within the next 3 months.

Each Thank You point is worth at least 1 cent when you redeem for gift cards or travel from the Citi Thank You portal, so that’s $500 in gift cards or travel.

If you have the Citi Thank You Premier, you can redeem for 1.33 cents towards airfare, so 50,000 points are worth $665.

You can use these points to buy flights up to any value, just as you would if you pay cash.  This is great for those occasions where you can’t use miles and points (inter-island flights in French Polynesia) or where you have no flexibility with your travel plans.

This card has no annual fee and has rotating categories where you earn 3 Thank You points per $1 spent.

  • January to March: Office supply merchants, advertising services and
    professional services
  • April to June: Computer equipment merchants, software merchants and
    telecommunications merchants
  • July to September: Airlines, hotels and car rental merchants
  • October to December: Restaurants and entertainment

You also get a membership bonus, on the base points you earn, depending on how long you keep the card.

  • Membership Year 0 to 1: 1% anniversary bonus
  • Membership Year 1 to 2: 2% anniversary bonus
  • Membership Years 2 and after: 3% anniversary bonus

2.   40,000 Points Citi Thank You Preferred

Link:  40,000 Points Citi Thank You Preferred [Expired]

Up to December 20, 2012, you get 20,000 points after spending $3,000 within the first 6 months and another 20,000 points after spending $3,000 more within the next 6 months.  This is a personal card, so you could either get 2 of these or 1 personal and 1 business Thank You card.

Each Thank You point is worth at least 1 cent when you redeem for gift cards or travel from the Citi Thank You portal, so that’s $400 in gift cards or travel.

If you have the Citi Thank You Premier, you can redeem for 1.33 cents towards airfare, so 40,000 points are worth $532.

You can use these points to buy flights up to any value, just as you would if you pay cash.  This is great for those occasions where you can’t use miles and points (inter-island flights in French Polynesia) or where you have no flexibility with your travel plans.

This card has no annual fee and you earn 1 Thank You point per $1 spent.  However, there is a 3% foreign transaction fee.  You also get a membership bonus for keeping the card just like with the Citi Business Thank You card above.

3.   50,000 Points Citi American Airlines

Link:  50,000 Points Citi American Airlines

Ever since I started writing the blog, the number 1 deal on the Hot Deals tab has been the ability to get 2 Citi American Airlines cards at the same time.  However, there isn’t a landing page which details the sign-up bonus, but almost everyone who signs-up and is approved gets the 50,000 mile offer.

The most common question in the comments and email is if there is an offer with the landing page which details the sign-up bonus.

Well, now there is.  Except that you have to spend more to get the full 50,000 miles compared to the offer on the Hot Deals tab.

Up to December 13, 2012, this offer with a landing page gets you 40,000 miles after spending $3,000 within the first 3 months and another 10,000 miles after spending $10,000 (in total) within the first 12 months.

In contrast, the offer without the landing page (not my affiliate link) requires only $2,500 in spending within 4 months and gets you 50,000 American Airlines miles & 2 lounge passes.

Clearly, the “unofficial” offer without the landing page is the much better deal!

Applying for Citi Cards

You can usually get 2 Citi personal cards at the same time, or 1 Citi personal card and 1 Citi business card at the same.  I haven’t had success with 2 Citi Business cards at the same time or more than 2 Citi cards at a time.  In my experience,  you have to wait ~65 days between personal card applications and ~95 days between business card applications with Citi.

In my experience, you can get a new Citi Thank You card every 3 to 4 months, but as always, your miles may vary.

Citi Price REwinD

Citi is also marketing their Price Rewind technology.  Citi will refund you the difference (minimum of $25 and up to $250 per item) if you buy an eligible item with any Citi personal (NOT business) credit card and find a lower price for the item within 30 days.  Price Rewind claims to track your purchase and will automatically search for a lower priced item, once you register your purchase.

However, the terms exclude airline tickets and items bought with a coupon or rebate.  I’ve never tried this, but am curious to see if Price Rewind works!  Please comment if you’ve used this feature before.

BOttom Line

It is nice to see a new offer for 50,000 Thank You points, but unfortunately, the minimum spending requires is higher than the earlier offer.

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These responses are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.

26 responses to “3 New Limited Time Citi Credit Cards – 50,000 ($500 in Gift Cards) Thank You Points Citi Business [Expired], 40,000 Points ($400 in Gift Cards)Thank You Preferred [Expired] & 50,000 American Airlines Miles

  1. As these are “limited-time” offers: Do you know when the CitiThankyou for 40K points expires?

  2. This CitiBusiness ThankYou card could be really interesting, because if these deals go away in a year or two, the 3% back for holding onto the card could become fairly valuable. That alone could make it worth holding onto for the next 10+ years. I don’t personally expect these deals to go on forever (the CC providers really can’t be making big profits off of this) and so this could be one of the cards I hang onto along with an Amex of some kind. Have I understood it correctly?

  3. Regarding that last post I made… it seems like the 3% bonus is on the *points* you earn. So that’s very marginal… Nevermind what I posted :)

  4. Can the same TY account be shared between a Citi Biz and Citi Personal cards?
    Also, does a Citi TY Biz card provide the same preferred point redemption rates as a personal TY Preferred card? For example, 2,500 TY points would get you a $25 gift card.

  5. I have the Citi Thank You Premier card, do you think Citi would approve me for the Citi Thank You Preferred card?

    TY Premier’s 1.33 cents per point on travel is the only way I redeem my TYPs.

  6. @glen – Both the 50K offers are limited time, but I’ve asked for clarification on the 40K offer.

    @Ankit Gupta – You’re right that it isn’t much of a benefit, because it is on the base points you earn. 1.03 points isn’t much of an increase over 1.00 point!

    @Max – I believe each separate Thank You product generates a different Thank You account, but you can transfer points from one to another (but the transferred points expire 90 days after transferring them). Yes, the redemption rate for the business Thank You points is also 1 cent per $1 for gift cards.

    @Grant - I really don’t know if they will approve *you* or not, but you can have a Thank You Preferred and Thank You Premier.

  7. @Daraius “In my experience, you can get a new Citi Thank You card every 3 to 4 months, but as always, your miles may vary.” – You can? Do you still get the sign up bonus? I got a Citi Thank You Premier about 6 months ago, so are you saying that I might be able to get another one and get the sign up bonus again? Thanks.

  8. @rilys – You almost always get the bonus if you get approved for another Citi card. Also the Thank You Premier is a different product than the Thank You Preferred.

  9. Instead of redeeming for gift cards, I have found a better way to get 1 cent value out of the ThankYou points is to redeem for a mortgage payment. Obviously this is only good for people with a mortgage, but to me it’s just as good as cash.

  10. @Sal – That’s a great use as well, and you can also redeem for student loans.

  11. @Sal @ Darius – I never understood why Chase gives 1 cent per point for cash back & Citi gives much less making the mortgage the only way to get straight Cash at par value.

    Why do they give Mortgage at 0ne cent but regular cash back much less?

  12. I was approved for both the Preferred and business cards. Thanks!

  13. Is it still recommended to wait 18-24 months between churning Aadvantage CCs? It’s the same CC version that’s been around for a while, right?

  14. If I’m not mistaken, the AA offer was taken from my post on Flyertalk. I’m glad it might be helpful to some people, even though it is not the best sign-up bonus available.

  15. If you can get the same card, like the Citi Thank You card, every 3 to 4 months would it be best to cancel the one you have before applying for another one. Or does that make no difference?

  16. Gobble Darius, Gobble.

    I just cancelled my Citi Advantage Plat personal card, no more than a week ago. It was 11 months old and the fee cometh. I put 15k on the card so they shouldn’t begrudge me. My understanding is 18 months is the norm for getting that card again – any reports on that holding true? I’m thinking of going for a double down on that card again with the business version; if not perhaps the AA biz card AND a Thank You card /or the Hilton Reserve.

    Peace!

  17. @ih – Perhaps because many more folks would then take cash back at 1 cent per point.

    @Andy O. – Congrats!

    @Zz – Yup, still 18+ months from the last time you were approved for the personal AA cards.

    @Anders - The old 50K offer was from FlyerTalk, but the new offer was on the Citi website and available as an affiliate link. Thanks for posting about it on FT!

    @HJ – It could help to cancel the card if you’re bumping against the maximum credit which Citi will allow you.

    @Mike H
    - Happy Thanksgiving to you. It is about 18+ months from when you were last approved for the AA personal cards to get them again, but you should be able to get the business version before then. If you apply for a personal AA card, you may as well apply for 2 cards at a time, since you otherwise may not be able to get them both. If you apply for the business card, you could pair that with another personal card.

  18. Pingback: 30,000 Thank You Points Citi Forward | Million Mile Secrets

  19. Any idea what is the maximum number of credit cards you can have?

  20. @ kyunbit, I don’t think there is a max number of credit cards you can have if you have good credit. I have many many cards and keep getting approved for new cards but I have excellent credit.

  21. @kyunbit @Kimmy – It really depends on how long you’ve had cards for, how you manage your credit, income etc. and varies by person. For the average person, I’d say around 4 to 5 cards per person per bank, but again that varies. Often times, you can cancel a card to free up available credit or transfer available credit to another card.

  22. Daraiu, the Citi ThankYou Preferred card has (No Pre-set Spending Limit). Is it good to have a credit card with this option, will it hurt the credit score?
    It’s just that the 40,000 pts. offer sounds good to just pass. I got approved for the preferred card, should I downgrade to a regular ThankYou card after I’ve earned the 40,000 pts. since there is a pre-set limit? I just want to hear what you think on this. Thank you.

  23. @Kary - It depends if they report your total credit line or if they only report your highest balance. I usually don’t worry about the effects of reporting the full credit line or not, because I have other cards. But downgrading could be an option if that concerns you. As always, do what you feel comfortable with.

  24. Pingback: Credit Card Updates: 30,000 Thank You Points Citi Forward & 50,000 Points American Express Business Gold | Free Travel Central – tips for free travel hacks, airline miles and hotel points

  25. Can you apply for two difference Citi business credit cards on the same day?

  26. @M – Unfortunately, Citi seems to approve only 1 business card within 95 days, though you could pair it with a personal card.

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