{"id":199,"date":"2009-01-17T11:45:22","date_gmt":"2009-01-17T18:45:22","guid":{"rendered":"http:\/\/financegourmet.com\/blog\/credit-cards\/citibank-credit-card-rewards-thank-you-network-update\/"},"modified":"2009-01-17T11:45:22","modified_gmt":"2009-01-17T18:45:22","slug":"citibank-credit-card-rewards-thank-you-network-update","status":"publish","type":"post","link":"https:\/\/financegourmet.com\/blog\/credit-cards\/citibank-credit-card-rewards-thank-you-network-update\/","title":{"rendered":"Citibank Credit Card Rewards Thank You Network Update"},"content":{"rendered":"<p>According to an email received this week, the fixed flight option will no longer be available as of March 1st.<\/p>\n<h3>Quick Summary<\/h3>\n<ul>\n<li>Before 3\/1\/09 \u2013 Great deal for flights between $200 and $400 (the closer to $400 the better the deal).\u00a0 Still a good deal for flights over $400.<\/li>\n<li>After 3\/1\/09 \u2013 Deal Gone.\u00a0 You pay 100 points per dollar.\u00a0 Average travel reward at best.<\/li>\n<\/ul>\n<p>Check here for updated information about <a title=\"Citibank Rewards Card\" href=\"http:\/\/financegourmet.com\/blog\/credit-cards\/citibank-rewards-credit-card-offers-premier-card\/\">2011 Citibank rewards<\/a> credit card programs.<\/p>\n<p>Look here for an updated review of the <a href=\"http:\/\/financegourmet.com\/blog\/credit-cards\/citibank-rewards-catalog-2011\/\">Citibank rewards catalog 2011<\/a>.<\/p>\n<h3>Fixed Point Travel Flight Option<\/h3>\n<p>What does that mean for Citibank credit card holders?\u00a0 A worse deal.<\/p>\n<p>Until 3\/1\/09 you can get a domestic flight reward on \u201cvirtually any airline\u201d for 20,000 ThankYou Points, up to $400.\u00a0 If the ticket is more than $400 then it is 5,000 points for every $50.<\/p>\n<p>That works out to 50 points per dollar for a $400 flight and then 100 points per dollar after.\u00a0 That, of course, only works at exactly $400, but any flight over $200 costs you less than 100 points per dollar.<\/p>\n<p>Even if you go over $400, you are still getting a good deal because that first $400 comes at what is essentially a 50% discount.<\/p>\n<h3>Variable ThankYou Point Flight Rewards<\/h3>\n<p>Starting on March 1, 2009, the \u201cvariable\u201d rewards cost kicks in a 100 points per dollar.\u00a0 That\u2019s it.\u00a0 No discount, no \u201cdeal\u201d.\u00a0 Just the same old regular everyone has the exact same thing 100 points for $1 travel reward.<\/p>\n<p><a href=\"http:\/\/financegourmet.com\/blog\/wp-content\/uploads\/2009\/01\/buildyourowntripdentomia.png\"><img loading=\"lazy\" decoding=\"async\" style=\"display: inline; border: 0px;\" title=\"ThankYou Rewards Flight Information\" src=\"http:\/\/financegourmet.com\/blog\/wp-content\/uploads\/2009\/01\/buildyourowntripdentomia-thumb.png\" border=\"0\" alt=\"ThankYou Rewards Flight Information\" width=\"564\" height=\"772\" \/><\/a><\/p>\n<p>Citibank ThankYou Rewards Variable Flight Pricing Denver to Miami<\/p>\n<p>&nbsp;<\/p>\n<p><a href=\"http:\/\/financegourmet.com\/blog\/wp-content\/uploads\/2009\/01\/buildyourowntripdentomiadirect.png\"><img loading=\"lazy\" decoding=\"async\" style=\"display: inline; border: 0px;\" title=\"Non-Citibank ThankYou Rewards Flight Information\" src=\"http:\/\/financegourmet.com\/blog\/wp-content\/uploads\/2009\/01\/buildyourowntripdentomiadirect-thumb.png\" border=\"0\" alt=\"Non-Citibank ThankYou Rewards Flight Information\" width=\"531\" height=\"484\" \/><\/a><\/p>\n<p>The exact same flights by going directly to Expedia.com (instead of through ThankYou Network)<\/p>\n<h3>Advice?<\/h3>\n<p>What was once a pretty solid rewards program has been mercilessly dragged back to average town.\u00a0 There is nothing wrong with the ThankYou Rewards program, but there is nothing special about it either.<\/p>\n<p>With Citibank giving the shaft to long-term customers by hiking interest rates on customers with good histories at the same time interest rates are falling in the real world, it is starting to seem more and more like Citibank will be ignoring its loyal customers to focus on the bottom line.<\/p>\n<p>My advice is to use your rewards as soon as possible if you have a need coming up.\u00a0 Then, start over and re-evaluate your options.\u00a0 There may be a card that fits you better.\u00a0 But, DO NOT CANCEL your Citibank card until you have the new one in hand.\u00a0 The credit world has gone bonkers so it is possible that even a high credit score and high salary won\u2019t result in an approval.<\/p>\n<p>&nbsp;<\/p>\n<div id=\"scid:0767317B-992E-4b12-91E0-4F059A8CECA8:55e250c2-ed49-400a-ad27-df527ae4c362\" class=\"wlWriterEditableSmartContent\" style=\"display: inline; float: none; margin: 0px; padding: 0px;\">Technorati Tags: Citibank,Credit Cards,ThankYou,Rewards Catalog,Points,Flights,Travel<\/div>\n","protected":false},"excerpt":{"rendered":"<p>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 \u2013 Great deal for flights between $200 and $400 (the closer to $400 the better the deal).\u00a0 Still a good deal for flights over $400. After 3\/1\/09 \u2013 Deal Gone.\u00a0 You pay 100 points per dollar.\u00a0 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?\u00a0 A worse deal. Until 3\/1\/09 you can get a domestic flight reward on \u201cvirtually any airline\u201d for 20,000 ThankYou Points, up to $400.\u00a0 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.\u00a0 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 &#8230; <\/p>\n<p class=\"read-more-container\"><a title=\"Citibank Credit Card Rewards Thank You Network Update\" class=\"read-more button\" href=\"https:\/\/financegourmet.com\/blog\/credit-cards\/citibank-credit-card-rewards-thank-you-network-update\/#more-199\" aria-label=\"Read more about Citibank Credit Card Rewards Thank You Network Update\">Read More<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[108,110,658,437,442,544,545],"class_list":["post-199","post","type-post","status-publish","format-standard","hentry","category-credit-cards","tag-citibank","tag-citibank-rewards","tag-credit-cards","tag-rewards","tag-rewards-program","tag-thankyou-points","tag-thankyou-rewards","no-featured-image-padding"],"_links":{"self":[{"href":"https:\/\/financegourmet.com\/blog\/wp-json\/wp\/v2\/posts\/199","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/financegourmet.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/financegourmet.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/financegourmet.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/financegourmet.com\/blog\/wp-json\/wp\/v2\/comments?post=199"}],"version-history":[{"count":0,"href":"https:\/\/financegourmet.com\/blog\/wp-json\/wp\/v2\/posts\/199\/revisions"}],"wp:attachment":[{"href":"https:\/\/financegourmet.com\/blog\/wp-json\/wp\/v2\/media?parent=199"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/financegourmet.com\/blog\/wp-json\/wp\/v2\/categories?post=199"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/financegourmet.com\/blog\/wp-json\/wp\/v2\/tags?post=199"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}