Latest Citibank ThankYou Rewards Premier Card Offer

Over at one of my favorite deal news websites, I noticed that Citibank is offering a bunch of bonus points for people who sign up for their ThankYou Premier rewards card as its latest Citi rewards card offer. As regular readers know, I don’t recommend that people go chasing after credit card rewards or applying for new credit cards just to get credit card points or miles. If, on the other hand, you are currently in the market for a new credit card AND you are looking for a rewards credit card, this offer might be interesting. First, off, be sure to read all of the fine print in the credit card agreement as well as my Citibank ThankYou Premier rewards card review. On of the big things you will want to note is that this card comes with a very steep annual fee. That should knock it out of the running for most people, but if you tend to rack up a lot of spending on a card for whatever reason, you might be able to make money by earning more rewards than you pay for the annual fee. Second, although the ad claims that you can get $500 …

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Citibank Credit Card Rewards Thank You Network Update

According to an email received this week, the fixed flight option will no longer be available as of March 1st. Quick Summary Before 3/1/09 – Great deal for flights between $200 and $400 (the closer to $400 the better the deal).  Still a good deal for flights over $400. After 3/1/09 – Deal Gone.  You pay 100 points per dollar.  Average travel reward at best. Check here for updated information about 2011 Citibank rewards credit card programs. Look here for an updated review of the Citibank rewards catalog 2011. Fixed Point Travel Flight Option What does that mean for Citibank credit card holders?  A worse deal. Until 3/1/09 you can get a domestic flight reward on “virtually any airline” for 20,000 ThankYou Points, up to $400.  If the ticket is more than $400 then it is 5,000 points for every $50. That works out to 50 points per dollar for a $400 flight and then 100 points per dollar after.  That, of course, only works at exactly $400, but any flight over $200 costs you less than 100 points per dollar. Even if you go over $400, you are still getting a good deal because that first $400 comes at …

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