Citi ThankYou Premier 40,000 Point Bonus Returns! [Expired]

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Citi ThankYou Premier 40,000 Point Bonus Returns! [Expired]

Million Mile SecretsCiti ThankYou Premier 40,000 Point Bonus Returns! [Expired]Million Mile Secrets Team

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Update:   One or more card offers in this post are no longer available.  Check our Hot Deals for the latest offers. 

Citi is once again offering a sign-up bonus for the Citi ThankYou Premier Card!  You’ll earn 40,000 Citi ThankYou points after you spend $3,000 on purchases in the first 3 months of opening your account.

In the past, the sign-up bonus has been 50,000 or 40,000 Citi ThankYou points, but most recently there was NO sign-up bonus at all!  So this is a good deal!

Because 40,000 points are worth at least $500 in travel!

Citi ThankYou Premier 40000 Point Bonus Returns
The Citi ThankYou Premier Has a Sign-Up Bonus Again! I’ll Help You Use It for Big Travel

I’ll remind you of the features of this card, so you can decide if it’s right for you!

Citi ThankYou Premier 40,000 Point Bonus

Link:   Citi ThankYou Premier 40,000 Point Sign-Up Bonus

Link:   My Review of the Citi ThankYou Premier

Citi is making their credit cards more tempting again!  They just increased the sign-up bonus for the Citi Prestige to 50,000 points after meeting minimum spending.

And now they’ve given the Citi ThankYou Premier a sign-up bonus of 40,000 points after you spend $3,000 in the first 3 months of opening your account.

With this card you’ll also get:

  • 3 Citi ThankYou points per $1 spent on travel (like airfare, taxis, tolls, even gas stations!)
  • Citi ThankYou points per $1 spent on dining and entertainment (like amusement parks, sporting events, movies)
  • No foreign transaction fees

What Are Citi ThankYou Points Worth?

Citi ThankYou points are worth at least 1.25 cents each.  Because you can use them to buy travel through the Citi ThankYou portal at a rate 1.25 cents per point.  You can buy:

  • Airfare
  • Car Rentals
  • Cruises
  • Hotels

The $95 annual fee is NOT waived the 1st year.

So the current 40,000 point sign-up bonus is worth at least $500 towards travel!

But you’ll get even more value when you transfer them to valuable airline partners, like Singapore Airlines!

Citi ThankYou Premier 40000 Point Bonus Returns
Use Your 40,000 Citi ThankYou Points Towards a Suite – on the Ground or in the Sky!

Know the New Citi Application Rules Before Applying!

Citi has tightened their credit card application rules.  They are now restricting folks from earning the sign-up bonus from more than 1 card of the same “brand” within 24 months.

So if you’ve had the Citi Prestige within the past 24 months, you will likely not be receive the bonus for the Citi ThankYou Premier.  And if you haven’t signed-up for either card, take a look at the current Citi Prestige offer and decide which card will get you the Biggest Travel!

Bottom Line

Citi is offering 40,000 ThankYou points when you sign-up for the Citi ThankYou Premier and spend $3,000 on purchases within the first 3 months of opening your account!

That’s good for at least $500 towards travel when you book through the Citi ThankYou Portal.  And potentially lots more when you transfer points to airline partners for Big Travel!

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Chase Sapphire Preferred® Card

Chase Sapphire Preferred® Card

  • Earn 50,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $625 toward travel when you redeem through Chase Ultimate Rewards®
  • Chase Sapphire Preferred named "Best Credit Card for Flexible Travel Redemption" - Kiplinger's Personal Finance, June 2018
  • 2X points on travel and dining at restaurants worldwide & 1 point per dollar spent on all other purchases.
  • No foreign transaction fees
  • 1:1 point transfer to leading airline and hotel loyalty programs
  • Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Ultimate Rewards. For example, 50,000 points are worth $625 toward travel
  • No blackout dates or travel restrictions - as long as there's a seat on the flight, you can book it through Chase Ultimate Rewards

More Info

Editorial Note: We're the Million Mile Secrets team. And we're proud of our content, opinions and analysis, and of our reader's comments. These haven’t been reviewed, approved or endorsed by any of the airlines, hotels, or credit card issuers which we often write about. And that’s just how we like it! :)

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Hi there…. In trying to decide if I want to apply for this card, one factor are my 10,000 TY points that are “stuck” because I accrued them using the TY Preferred Card (which is one of my old cards, and therefore one I am not in a good position to cancel it). As you know, I can’t transfer these to any airlines (other than JetBlue, and the exchange is atrocious). My question is, if I get approved for the TY Premier, will I be able to pool these old TY points with the new ones? Does it work in a similar way to Chase Ultimate Rewards, where once you get a “premium” card, you can transfer in your Ultimate Rewards points accrued using “cheap” cards like the Chase Freedom? Thanks for any insight you might have on this!

Hello, If I want to downgrade my Premier card to the Preferred card, will my points transfer over and be safe, or will I have to redeem them soon after?

Million Mile Secrets

If you downgrade to the Preferred, you get to keep your points, but can’t transfer to other airline. And only get 1 cent per point value.

Here’s a post with more details —>

The new rules for thank you points imply that if I had taken out a Prestige card two years ago (which I did) and kept it for two years and it’s still open, I can get the premiere card and receive the bonus. Is this accurate?

Good question Maxwell!

See, they say OPENED or CLOSED and I thought as well that if I opened a Thank You Premier 3 years ago (so over 24 months ago) and never closed it, I would be able to receive the bonus from a Citi Prestige card, since I have NOT opened or closed a Citi card in the past 24 months…

If that’s not the case, then it’s a silly rule cause they only push people to cancel their card to reapply 2 years later (as oppose to NOT cancel the card in order to get a clean 24 months membership and apply for a second Citi card).

Daraius if that’s the case please confirm one more time (though I Maxwell really asked the same thing and you replayed, is really a rule left to interpretation).

My yearly payment for the Thank You Premier is coming up in December. I’ll probably just transfer to Flying Blue, cancel the card, and apply in two years if they have something to offer!

Thanks for the question Maxwell, that verbiage from Citi was really misleading.

Million Mile Secrets

My interpretation is that as long as the card is open, it prevents you from getting the bonus. Even though you haven’t opened or closed a card in the 24 months before. As long as it is open, you can’t get the bonus (my reading). And i agree that the rule doesn’t make much sense to me.

Thanks so much for replaying.

Happy holidays!

Million Mile Secrets

No, because you still have a card in the family of TY point cards.

Good deal. I’ll have to get on this.

Where do you see that the annual fee is waived in the first year?

Million Mile Secrets

Oops…we’ve updated the post. Thanks for commenting!

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