2023.11 Replace: The $200 provide is again.
2022.12 Replace: The $200 provide is expired. At the moment there’s no welcome provide.
2022.8 Replace: The brand new welcome provide is $200! That is the very best provide on this card.
Utility Hyperlink
Advantages
20k provide: Earn 20,000 ThankYou Factors (TYP) after spending $1,500 within the first 6 months. That is the very best provide on this card.Earn 2x TYP on the whole lot: earn 1x TYP on each buy you make, and a further 1x TYP if you pay no less than the minimal due.Though this card is marketed as a money again card, it really earns ThankYou Factors (TYP). We estimate that ThankYou Factors (TYP) are value about 1.6 cents/level, see beneath for a quick introduction. Even in case you don’t need to spend time to review the redemption of factors and miles, you possibly can select to redeem TYP at a hard and fast ratio 1.0 cent/level in the direction of money.No annual price.
Disadvantages
It has overseas transaction price, so it isn’t a sensible choice outdoors the US.
Introduction to TYP
You possibly can earn TYP with Citi Premier, Citi Rewards+, Citi Customized Money, Citi Double Money, and many others.You possibly can add all these playing cards into the identical thankyou.com account, and factors which are about to run out can be redeemed first within the order by which they expire mechanically.Typically, TYP by no means expire. However closing account, product change, or receiving factors from different folks could trigger TYP on that account to run out.If in case you have Citi Status or Citi Premier, TYP will be transferred to some airline miles. The easiest way to make use of TYP is to 1:1 switch them to Asia Miles (Oneworld) or Avianca (AV) miles (Star Alliance). Different good choices are: Singapore Airways (SQ) (Star Alliance), Flying Blue (SkyTeam), Virgin Atlantic (VS) (Non-alliance), and many others. In case you use TYP on this manner, the worth is about 1.6 cents/level.If in case you have Citi Status, you possibly can redeem your TYP at a hard and fast fee 1.25 cents/level in the direction of air tickets on thankyou.com. This can be a frequent manner to make use of TYP. Factors+money is on the market when redeeming for air tickets, so no want to fret in case you don’t have sufficient TYP.If in case you have Citi Status or Citi Premier or Citi Customized Money or Citi Double Money, you possibly can redeem your TYP at a hard and fast fee 1 cents/level in the direction of money.If in case you have Citi Rewards+, you will get 10% again when redeeming TYP, as much as 100k TYP per 12 months. This characteristic additional boosts the worth of TYP.In abstract, we estimate that TYP are value about 1.6 cents/level.For extra details about TYP, see Maximize the Credit score Card Factors Values (overview), and Introduction to TYP: Tips on how to Earn & Introduction to TYP: Tips on how to Use (very detailed).
Really useful Utility Time
[8/65 Rule] You possibly can apply for at most 1 Citi playing cards each 8 days, and at most 2 Citi playing cards each 65 days, irrespective of authorised or not.Citi values the variety of current exhausting pulls rather a lot, we advocate you apply when there’s lower than 6 exhausting pulls prior to now 6 months.We advocate you apply for this card after you have got a credit score historical past of no less than one 12 months.
Abstract
This card was already a no brainer for most individuals when it supplied solely 2% cashback. Now that you’ve the choice to transform cashback to ThankYou Factors (TYP), the DC has grow to be essentially the most priceless no-annual price card available on the market for my part. You need to use this card for all transactions that don’t have 2%+ reward fee. There’s no commonplace sign-up bonus on this card, so as an alternative of making use of for this card instantly, we advocate you the DC by downgrading different Citi playing cards when you obtain the signup bonus. In keeping with Citi’s coverage, all of the accounts older than 12 months will be downgraded to this card. In case you simply need to get money again card and don’t need to spend time doing analysis, it’s best to simply apply for it instantly.
