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Author Topic: A New Era For Citi Thank You Points  (Read 18899 times)

Offline meshugener

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A New Era For Citi Thank You Points
« on: March 25, 2012, 06:41:15 pm »
Confirmed. Effective April 1st, Citi will allow to transfer their Thank You points to British Airways for a rate of 1:1. Till now their points were mostly useless, as its not worth more than 1¢ per point, but from now on, the BA transfer seems to be a great redemption option.
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Offline E

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Re: A New Era For Citi Thank You Points
« Reply #1 on: March 25, 2012, 06:46:13 pm »
wow, do you have link..
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Offline meshugener

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Re: A New Era For Citi Thank You Points
« Reply #2 on: March 25, 2012, 06:48:46 pm »
No link yet.
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Re: A New Era For Citi Thank You Points
« Reply #3 on: March 25, 2012, 06:51:31 pm »
If they would start transferring to AA, that would something to get excited about,
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Offline aryeh1

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Re: A New Era For Citi Thank You Points
« Reply #4 on: March 25, 2012, 07:06:25 pm »
Not worth it though. Thank you points get you 1.33 cents per point towards airfare, where as BA points go for 1 cent.
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Offline aussiebochur

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Re: A New Era For Citi Thank You Points
« Reply #5 on: March 25, 2012, 07:47:45 pm »
Quote from: aryeh1 on March 25, 2012, 07:06:25 pm
Not worth it though. Thank you points get you 1.33 cents per point towards airfare, where as BA points go for 1 cent.
JFK-YYZ can cost over 30,000 TY points if the ticket is $400
Transfer to BA and it'll only cost you 9k points...
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Offline yitzf

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Re: A New Era For Citi Thank You Points
« Reply #6 on: March 25, 2012, 08:27:16 pm »
Quote from: aussiebochur on March 25, 2012, 07:47:45 pm
JFK-YYZ can cost over 30,000 TY points if the ticket is $400
Transfer to BA and it'll only cost you 9k points...
+1
@aryeh1 you're comparing apples to oranges. BA are 1cent per mile on a reward ticket, and TY points can be redeemed for 1.33cents for the dollar value of a paid ticket. If it costed 1cent to fly a mile you would be right.
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Offline yakovwogi

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Re: A New Era For Citi Thank You Points
« Reply #7 on: March 25, 2012, 08:44:28 pm »
Wow...
Maybe this will cause some like me to dust off their TY point cards once in a while..
Would be great to see citi going in the direction of Chase UR and having multiple 1:1 transfer options.
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Offline meshugener

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Re: A New Era For Citi Thank You Points
« Reply #8 on: March 25, 2012, 08:58:19 pm »
So here we go: (dono if its still available) Citi Checking = 40k; Premier Card = 50k = 90k. Any more? Their value will start to rise when selling the points. It should be worth alot as they can be used for AA bookings. Sounds great.
« Last Edit: March 25, 2012, 09:04:00 pm by meshugener »
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Re: A New Era For Citi Thank You Points
« Reply #9 on: March 25, 2012, 09:01:27 pm »
Quote from: meshugener on March 25, 2012, 08:58:19 pm
So here we go: (dono if its still available) Citi Checking = 40k; Premier Card = 50k = 90k. Any more?
Publicly its not available anymore. maybe some private links
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Online PlatinumGuy

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Re: A New Era For Citi Thank You Points
« Reply #10 on: March 25, 2012, 09:03:27 pm »
Quote from: aussiebochur on March 25, 2012, 07:47:45 pm
JFK-YYZ can cost over 30,000 TY points if the ticket is $400
Transfer to BA and it'll only cost you 9k points...
Or use the TY points when you're paying for travel (cash out via refundable ticket?) and buy BA Miles for 1.1 CPM.
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Offline aryeh1

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Re: A New Era For Citi Thank You Points
« Reply #11 on: March 26, 2012, 12:27:04 am »
Quote from: yitzf on March 25, 2012, 08:27:16 pm
+1
@aryeh1 you're comparing apples to oranges. BA are 1cent per mile on a reward ticket, and TY points can be redeemed for 1.33cents for the dollar value of a paid ticket. If it costed 1cent to fly a mile you would be right.
Im talking about selling wise. The buying rate for BA miles are 1 cpm.
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Offline TC610

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Re: A New Era For Citi Thank You Points
« Reply #12 on: March 26, 2012, 10:30:33 am »
Quote from: meshugener on March 25, 2012, 06:41:15 pm
Confirmed.

Confirmed where?  Do you mind posting a link to support your confirmation?
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Offline HelpMe

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Re: A New Era For Citi Thank You Points
« Reply #13 on: March 26, 2012, 10:35:15 am »
Quote from: TC610 on March 26, 2012, 10:30:33 am
Confirmed where?  Do you mind posting a link to support your confirmation?
+1
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Re: A New Era For Citi Thank You Points
« Reply #14 on: March 26, 2012, 10:42:12 am »
Quote from: HelpMe on March 26, 2012, 10:35:15 am
+1
Quote from: TC610 on March 26, 2012, 10:30:33 am
Confirmed where?  Do you mind posting a link to support your confirmation?
Dan wrote on the main site, that he has confirmed this personally with Citi.
Does this sound better?
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