If you’re looking for a versatile rewards credit card with a generous sign-up bonus and accelerated points earning in diverse spending categories, then you should know about the Citi Premier® Card, from our partner Citi.
Secure application on issuer’s website.
Annual Fee: $95
Bonus: 80,000 ThankYou Points
APR: Variable APR Between 15.99%-23.99%
Rewards Rate: 1X-3X ThankYou Points
Details: Full Review
Terms and restrictions apply
Annual Fee: $95
APR: Variable APR based on creditworthiness.
Rewards Rate: The card offers 3x ThankYou Points per $1 spent at supermarkets, gas stations, restaurants, air travel and hotels. Beyond that, the card awards 1x ThankYou Points per dollar spent on all other eligible purchases.
Sign-Up Bonus: New account holders can earn 80,000 bonus ThankYou Points after making $4,000 worth of purchases during the first three months of account opening.
Who Should Use This Credit Card? People who want to maximize rewards in multiple spending categories and welcome transferring points to airline partners.
Why We Like the Citi Premier® Card
The Citi Premier Card, from our partner Citi, is worth considering if you’re looking for accelerated travel rewards, but don’t want to pay a huge annual fee. It earns 3X points per dollar on air travel, hotels and spending at gas stations. You’ll also earn 3X points per dollar at supermarkets and restaurants and 1X point on everything else.
It’s easy to quickly rack up lots of points on this card. While you can redeem ThankYou points for gift cards, you’ll get more value when you redeem points for flights and hotels, and potentially even better value when you transfer points to travel partners.
Citi has dramatically improved the ThankYou Rewards program in recent years as well as the cards that earn those points, especially the Citi Premier Card. To compete with American Express Membership Rewards and Chase Ultimate Rewards, Citi has onboarded new airline partners like Avianca LifeMiles and JetBlue TrueBlue.
This credit card offers its members a range of incentives, such as bonus points, gift cards and 1:1 point transfers with airline partners. One of the more unique features of the Citi Premier Card is that it offers 3x ThankPoints for every dollar spent at supermarkets, gas stations, restaurants and travel purchases. Plus, new cardholders can earn 80,000 ThankYou Points after spending $4,000 during the first three months of account opening.
We’ve highlighted a few reasons why opening a Citi Premier Card may be able to help you save and earn more rewards on hotels, your next air-travel trip and more.
With the Citi Premier Card, you’ll earn 3X ThankYou Points for every dollar you spend at restaurants, supermarkets, gas stations, air travel and hotels. For all other qualifying purchases, you will receive 1 point.
Let’s say your car is a gas guzzler, and you typically spend at least $60 on a full tank of gas. When you spend more on gas, you’ll earn more rewards and get to your points goal three times faster. These points can ultimately help set you up for your next road trip with family and friends, or they help you shop for wishlist items using the gift cards you’ve earned.
Imagine getting rewarded for the places you already visit on a frequent basis. If you’re a daily commuter, you’ll get rewarded for what you already do on a regular basis as well. With the Citi Premier Card, you can earn rewards faster for those simple, everyday purchases at the supermarket or ordering takeout at your favorite restaurant.
New cardholders can earn 80,000 ThankYou Points after making $4,000 worth of purchases during the first three months of account opening. You can redeem these bonus ThankYou Points as travel rewards or as $800 in gift cards at thankyou.com. Additionally, you can transfer points to any of Citi’s multiple transfer partners.
The Citi Premier Card “makes the everyday more rewarding” and gives you three months to reach the $4,000 spending requirement to earn those 80,000 ThankYou Points. Once you earn these points, they could go toward funding a trip to Hawaii with the family or shopping for some new clothes at any of Citi’s retail partners.
The Citi Premier Card has a $95 annual fee.
The more you spend, the more ThankYou Points you can earn toward future travel, gift cards or other purchases from qualifying online merchants directly through thankyou.com. Your ThankYou Points cover three main categories: purchases, statement credits and gas purchases. However, to get the most from your Citi Premier Card, consider transferring points to Citi’s multiple airline partners.
In many cases, the transfer ratio between travel partners is a 1:1 ratio. Depending on the airline partner, your points may transfer instantly or take upwards of 14 days.
Furthermore, if you also carry other Citi credit cards such as Citi® Double Cash Card or Citi Custom Cash℠ Card, then you can transfer rewards to your Citi Premier account to pool ThankYou points for future travel.
Airline partners include:
- AeroMexico ClubPremier
- Air France KLM Flying Blue
- Avianca LifeMiles
- Cathay Pacific Asia Miles
- Emirates Skywards
- Etihad Guest
- EVA Air Infinity MileageLands
- Jet Airways Inter Miles
- Qantas Frequent Flyer
- Qatar Privilege Club
- Singapore Airlines KrisFlyer
- Turkish Airlines Miles&Smiles
- Virgin Atlantic FlyingClub
Gift Cards and Shopping
If there’s an air fryer or tech gadget that you’ve been wanting for your new apartment, you can use your ThankYou Points through participating online merchants like Amazon or Best Buy. Or you can hold on to those points a little longer and wait until you reach a bigger reward.
For instance, the ThankYou Points you’ve collected from past purchases can go toward redeeming gift cards for popular brands, like Maggiano’s, Albertsons, Sephora and others. You can also redeem your ThankYou Points at participating gas stations, such as BP, Amco and Shell.
And if you’re thinking of sending flowers to that special someone on Valentine’s Day, you can use your ThankYou Points to cover some or all of the cost with online merchant 1-800-flowers.com.
To shop with your points, select from Citi’s participating online-partners list and link your ThankYou account. The second step is to browse through the partner websites and start shopping. According to Citi, you can specify the amount of ThankYou points you want to use for your purchase upon checkout.
Do ThankYou Points Expire?
One additional perk of the Citi Premier Card is that there is no expiration or limit to the amount of points that you can earn, as long as your account is open and in good standing. This means that you can watch your rewards grow the more you spend on trips and everyday purchases.
In addition to 3x ThankYou Points per dollar spent on travel, grocery stores, restaurants and gas stations, the Citi Premier Card also offers cardholders ongoing benefits.
Annual Hotel Savings Benefit
Citi is giving customers the chance to save on hotels with a new offer of $100 in annual hotel savings. Just book a hotel stay of $500 or more through thankyou.com or 1-800-THANKYOU to earn the discount. According to Citi, this deal will be available once per calendar year.
No Foreign Transaction Fees
Planning an international trip? You won’t have to deal with the hassle of any foreign transaction fees if you tend to splurge on gifts for loved ones back home during international travels.
Point Transfer to Airline Partners
Fortunately, Citi also makes it easy to transfer the points to other airline loyalty programs, like JetBlue TrueBlue, Virgin Atlantic, Flying Club and Singapore Airlines KrisFlyer with no fee attached.
Apply for the Citi Premier Card
With the Citi Premier Card, you can earn thousands of ThankYou Points to help you redeem more perks. The annual fee for this card is $95. All you have to do is input your personal and financial information through the secure application process.
In 2021 (and beyond), the sky’s the limit for earning more rewards on things you already purchase every day or on rare occasions. If you’re ready to earn more rewards points for the purchases you already make on a daily basis, you might want to apply for the Citi Premier Card.