[Update: New Bonus Categories Now Live] Citi Premier Will Lose 25% Travel Redemption Bonus And Will Change Up Bonus Categories

28

Update, 6/4: Citi has moved up the new categories for Premier cards that were open as of 5/22. Those cardholders now earn 3 points per dollar on dining and groceries for purchases made as of 6/2.

Prestige cardholders will earn 5 points per dollar on $1,500 of purchases at online retailers and online grocery purchases through 8/31.


Update, 4/19: Citi has clarified that Citi Premier will continue to earn 3 points per dollar for all purchases at (online and physical) travel agencies even after these changes!

Citi currently awards triple points on all travel agency purchases and it seems likely that all purchases from travel agencies will continue to earn triple points as many agencies don’t differentiate what exactly they are charging you for.

This can be seen in footnote 5 on this page:


Originally posted on 4/8:

Nobody loves tinkering with their credit card benefits more than Citi.

In 2018 they massively downgraded their Prestige card for a 2nd time.

Last year they got rid of most of their credit card benefits.

The Citi Premier Card is now up for changes, but to their credit, Citi is giving a good amount of advance notice.

As of 4/10/21 you will no longer get a 25% bonus when you redeem points for travel. Previously you were able to receive a value of 1.25 cents per point on travel, but now you’ll be capped at just 1 cent per point. That’s very uncompetitive compared to Chase and their 25% increased points value for travel on Sapphire Preferred/Ink Preferred or 50% increased points value for travel on Sapphire Reserve.

Additionally on 4/10/21, current cardholders will lose triple points categories on travel besides for airfare and hotels. That means you won’t get triple points on categories like travel agencies, car rentals, cruises, public transportation, timeshares, boat rentals, taxis, tolls, trains, parking, Uber, Lyft, etc. New customers won’t get these categories if they apply after 8/22/20.

Finally on 4/10/21, current cardholders will lose double points on entertainment, such as sporting events, amusement parks, zoos, museums, tourist attractions, theater, concerts, movies, video rentals, internet steaming media, etc.

There is good news too though.

Starting on 8/23/20 the card will earn triple points on supermarkets and dining. And it will retain triple points on airfare, hotels, and gas.

And on 8/23/20, the card will also offer an once annual $100 credit for making a $500+ hotel booking through Citi.

These changes will also affect the Citi Trifecta as you can pool Citi ThankYou points together from cards like:

  • The Citi Double Cash card offers 2% cash back or 2 points per dollar spent everywhere that can be transferred into ThankYou points. If you also have a Citi Premier Card you can transfer points into miles or get a 25% added value for paid airfare. No annual fee.
  • The Citi Rewards+ Card offering 15,000 points for spending $1,000 in 3 months. This card can’t transfer points on its own, but can transfer points if you have one of the Citi cards above. This card automatically rounds up rewards earned on every purchase to the nearest 10 points, meaning you earn 10 points on a $0.50 Amazon balance reload. Earn 2 points on $6K in annual spending at supermarkets, 0% intro APR on purchases and balance transfers for 15 months, and a 10% points rebate when you redeem points, up to a 10K points rebate per year. If you also have a Citi Premier Card you can transfer points into miles or get a 25% added value for paid airfare, plus get a 10% points rebate on transferred or redeemed miles. No annual fee.

If you have a killer combo like that, you’ll want to book travel by 4/9/21 in order to take advantage of the 25% Premier bonus before it goes away.

Then again, if you have a Citi Rewards+ you’ll still get a 10% points rebate on Premier redemptions, so you’ll still be able get more than 1 cent per point.

Will you keep your Citi Premier card after these changes?

HT: farmbochur, via DDF and Gary

All opinions expressed below are user generated and the opinions aren’t provided, reviewed or endorsed by any advertiser or DansDeals.

28 Comments
Inline Feedbacks
View all comments

Prestige cardholders will earn 5 points per dollar on $1,500 of purchases at online retailers and online grocery purchases through 8/31. Does this include amazon.com purchases? if yes any online purchse?

Dan – but can’t we still transfer our Citi points to the same travel partners with a Citi Premier card and if so we should still be able to get 1.5%-2% redemption. I was under the impression that you usually advise transferring points to partners rather than redeeming for statement credits?

Not related but I tried applying for a Chase Business Ink and you can only apply if you sign in first, does it make sense that you can’t apply unless you have an account?

Thats correct.

my premier is up for renewal, at this point i dont see keeping it except not sure what to do for the points not used yet. anyone getting a retention offer? they offered me nothing.

Would be useful to see a revised analysis of competing Travel cards for example…Amex Green, Altitude Reserve, Saphire Reserve etc as many readers may wish to re-evaluate their strategy for cards to continue to hold and selection of each card for various types of spend, air, hotel, air b&b, cruise, rental car, Uber, local commuting, parking, etc as details matter

will i continue to get 3 points per dollar for paying local transit like train or bus?

Will the $100 rebate be embedded in the upfront cost or a statement credit posting 6 weeks later?

My guess is that the $100 credit will be applied to the cost of your prepaid booking made on the Citi travel portal. Same as the 4th night free benefit with the Prestige.

I just got this card as my compromise to the Prestige which once my Premier intro bonus points post I will downgrade. Now these clown start up with another downgrade. I will shove it back at them and downgrade them to refund my fee once I milk the benefits. These guys deserve to be ponzied for millions of points with all this stealing and cheating they incessantly do.

I have had this card since the travel redemption was $1.33 per 100 points. I’ve had enough. This card is nothing close to what it once was. Problem is, I am reluctant to use up my points to book travel because whatever travel I book is not going to be protected by the various travel protection features the card once had. Hopefully a worthwhile transfer opportunity to an airline or hotel will come along.

Bad news! will try to use up my points and shut my account before 4/10/2021

Good news for international grocery shopping…

do you still 5X for travel agencies with Prestige?

Hi KTC,

Yes you do!:)

This move seems boneheaded. I assume most of the people (including me) have this card for the very good travel/entertainment benefits. We’ve selected this card FOR THESE SPECIFIC BENEFITS. Indeed, I’ve recommended this card to many friends and family over the years who travel but want to keep things flexible and simple. You can usually get Citi to waive the annual fee by agreeing to put a modest amount of spend on the card. But now they’re going in an entire different direction, and all the reasons existing cardholders retain this card will be gone. Why not launch a different card with the new benefits and keep the Premier as a “travel card.” Weird.

If you call, can Citi book special rates, like conference rates or government rates?

Hi HomeChef, no you are not allow to book AAA/AARP or GOV rates.

Is there any talk about citi rebating any af from their cobranded a”advantage cards in the form of a statement credit since most benefits are useless now?

Hi Lyla,

They are only offering a statement credit for the AA executive if you renew. They are offering $200 or $250.

Perhaps this will be temporary for Citi considering no one is traveling?

Makes no sense to offer bonus cag’s on concerts and amusement parks for the rest of 2020.

I’m assuming the $100 credit for booking thru Citi’s portal will NOT have the accountholder’s hotel status benefits attached to reservation either?

I’m loving triple points on gas, groc, and dining though. I’m curious if Chase is will follow suit with Sapphire?

Thanks Dan

I like the

> Makes no sense to offer bonus cag’s on concerts and amusement parks for the rest of 2020.
Makes no sense *not* to offer bonus cag’s on concerts and amusement parks for the rest of 2020. What can it possibly cost Citi?

“This card automatically rounds up rewards earned on every purchase to the nearest 10 points, meaning you earn 10 points on a $0.50 Amazon balance reload.” isn’t this dangerous to do for risk of being shutdown?