Citi ThankYou Premier Changing January 28, 2016 – Should You Apply Now?

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If you’ve been thinking about applying for the Citi ThankYou Premier card, you may want to do so soon.

Because One Mile at a Time reports the sign-up bonus on the Citi ThankYou Premier will change on January 28, 2016 (next Thursday).  But it’s not known if the bonus will increase or decrease.

Currently, you’ll earn 50,000 Citi ThankYou points with this card when you complete the minimum spending.

Citi ThankYou Premier Changing January 28, 2016 Should You Apply Now
Will the Citi ThankYou Premier Sign-Up Bonus Increase or Decrease?

Let’s review what you’ll get with this card and if it’s a good idea to sign-up before the change takes effect!

What’s the Deal?

Link:   Citi ThankYou Premier

Link:   My Review of the Citi ThankYou Premier

One Mile at a Time suggests the sign-up bonus will decrease after January 28, 2016.  But I have no information to confirm that.

Currently, when you sign-up for the Citi ThankYou Premier card and spend $3,000 on purchases in the 1st 3 months of opening your account, you’ll earn 50,000 Citi ThankYou points. (EXPIRED.)

And you can transfer those points to airline and hotel partners like Singapore Airlines, Air France / KLM, and Hilton.

With this card, you’ll also get:

Citi ThankYou Premier Changing January 28, 2016 Should You Apply Now
Transfer Citi ThankYou Points to Airlines and Hotels for Big Travel. Or Use Points to Book Paid Travel at 1.25 Cents per Point Through the Citi Travel Center

The $95 annual fee is waived for the 1st year.

I like this card because the points you earn are flexible.  You can transfer them to airline partners and Hilton hotels for Big Travel, or use them to book paid flights, hotels, and more at 1.25 cents per point through the Citi ThankYou Travel Center (and you’ll earn miles and points!).

Citi ThankYou Points Airline Transfer Partners
AviancaAsia Miles (Cathay Pacific)EVA Air
EtihadFlying Blue (Air France/KLM)Garuda Indonesia
Jet AirwaysJetBlueMalaysia Airlines
QantasQatar AirwaysSingapore Airlines
Thai AirwaysTurkish AirlinesVirgin Atlantic
Citi ThankYou Points Hotel Transfer Partners
Hilton Hotels

At 1.25 cents per point, the 50,000 Citi ThankYou point sign-up bonus is worth $625 toward paid travel.  That’s a good deal!

Many folks like transferring Citi ThankYou points to Singapore Airlines.  That’s because you can book award flights on Singapore Airlines and their Star Alliance partners, like United Airlines, Lufthansa, and Air Canada.

And sometimes, using Singapore Airlines miles to book United Airlines flights can be a better deal than using United Airlines miles!

Citi ThankYou Premier Changing January 28, 2016 Should You Apply Now
Get to Hawaii for Fewer Miles When You Transfer Citi ThankYou Points to Singapore Airlines for Award Flights on United Airlines

If you want to splurge, you’ll have almost enough Citi ThankYou points after completing the minimum spending to transfer to Singapore Airlines for a 1-way First Class award ticket between New York and Frankfurt in a suite!

So you’ll have lots of terrific travel options with this card.  And because the annual fee is waived for the 1st year, you can try it out and see if you like it without any cost!

What If the Sign-Up Bonus Increases?

If (as folks suggest) the sign-up bonus decreases, you’ll be in good shape if you apply for the Citi ThankYou Premier now.

But the bonus could increase.  For example, there was briefly an offer for 60,000 Citi ThankYou points after meeting a slightly increased spending requirement this past summer.

Citi ThankYou Premier Changing January 28, 2016 Should You Apply Now
Should You Gamble on the Citi ThankYou Premier Sign-Up Bonus Decreasing, or Wait for a Possibly Improved Offer?
If you apply now and the bonus increases, you might still be in luck.  Citi sometimes matches folks who’ve recently applied for a card to an improved offer.  And some Million Mile Secrets readers were also matched to the 60,000 Citi ThankYou point offer by calling Citi.

That said, there are no guarantees.  But it’s always worth a try!

I’ll update y’all as soon as I have more information about the changes coming to the Citi ThankYou Premier.

Bottom Line

It may be a good time to apply for the Citi ThankYou Premier card.  Because One Mile at a Time is reporting that on January 28, 2016, the sign-up bonus will change, likely to a lower offer.

Currently, you’ll earn 50,000 Citi ThankYou points (worth $625 in paid travel or potentially more when transferred to airline and hotel partners) after you complete the minimum spending on the card.

We don’t yet know if the sign-up bonus will increase or decrease.  If it decreases, folks who signed-up before January 28, 2016, won’t lose out.

If it increases, you could miss out on a better bonus.  That said, Citi will sometimes match new cardholders to the better offer if they ask.  But there are no guarantees.

I’ll update you as soon as I have more information!

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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