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Contributor
epicureanism
Posts: 86
Registered: ‎02-04-2013
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Re: Citi forward amazon no longer 5%...


epicureanism wrote:

Open123 wrote:

With the "no fee" Preferrend card earning 2X TY points on dining and entertainment, I'd imagine Citi will eventually phase out the 5X bonus structure for the non-student Forward.

 

 


 

 

Then Thankyou points will become useless even with Thankyou premier since it is very difficult to accumulate the points. 


 

 

 Also more and more people will choose the ultimate rewards system I think. 

 

Current Cards: BOA Better Rewards (2.5k), Citi Forward (2k), AMEX Blue Cash Preferred (6k), AMEX SPG (7.5k), DISCOVER (1k), Chase Freedom (7k).

Credit Karma: 752, Credit Sesame: 736.
Senior Contributor
Open123
Posts: 4,155
Registered: ‎02-23-2011
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Re: Citi forward amazon no longer 5%...


epicureanism wrote:

 Then Thankyou points will become useless even with Thankyou premier since it is very difficult to accumulate the points. 


Sure, unless it's with a sign-up bonus or a 5X promo (for grocery and drugstores), it appeas besides the student-Forward, 2X dining & entertainment will be as good as it gets.

 

On the other hand, no big loss, since TY points are really only worth it if you can amass them through bonuses.  Unless for mortgage or student loan redemptions, it certainly isn't worth spending actual money for their points.

Senior Contributor
Open123
Posts: 4,155
Registered: ‎02-23-2011
0

Re: Citi forward amazon no longer 5%...


epicureanism wrote:

epicureanism wrote:

Open123 wrote:

With the "no fee" Preferrend card earning 2X TY points on dining and entertainment, I'd imagine Citi will eventually phase out the 5X bonus structure for the non-student Forward.

 

 


 

 

Then Thankyou points will become useless even with Thankyou premier since it is very difficult to accumulate the points. 


 

 

 Also more and more people will choose the ultimate rewards system I think. 

 


Sure, the UR program is in every way so much superior to the TY program that the *only* way to use a TY card is they did give me 5X spending.

Contributor
epicureanism
Posts: 86
Registered: ‎02-04-2013
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Re: Citi forward amazon no longer 5%...

Yeah so let's wait to see what actions Citi will take =)

Current Cards: BOA Better Rewards (2.5k), Citi Forward (2k), AMEX Blue Cash Preferred (6k), AMEX SPG (7.5k), DISCOVER (1k), Chase Freedom (7k).

Credit Karma: 752, Credit Sesame: 736.
Senior Contributor
Open123
Posts: 4,155
Registered: ‎02-23-2011
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Re: Citi forward amazon no longer 5%...


epicureanism wrote:

Yeah so let's wait to see what actions Citi will take =)


If they could manage to add on some travel partners, it would be great.  Adding on Hilton was a good start, but they need more.  Given the proprietary and exclusive nature of their AA relationship, you would think AA would be a TY transfer partner, but even AA feels the TY points have been so easily distributed, they're concerned with further devaluation through this points inflation.

 

Given the nature of Citi's infinite 5X bonuses, generous handouts to CitiGold customers and sign-up bonuses, I'd imagine any potential travel partner would share AA's concern.

Established Contributor
searchingfor67
Posts: 668
Registered: ‎08-02-2011
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Re: Citi forward amazon no longer 5%...

I just checked my July statement, and I'm still receiving 5 typ per dollar on my amazon purchases...Although I wonder if its because I'm still under my 12 mo 0% intro period. This was my last month of the intro, so we'll see....
TU FICO: 772 (Discover) • Exp FICO: 772 (Citi)

Amex BCP $13K | Amex Costco TE $10.4K | Amex SPG $10.1K | Chase Freedom Visa Signature $15K | Chase Sapphire Preferred Visa Signature $15K | Chase Ink Plus World Elite MC $5K | Citi TY Preferred World MC $10.1K | Citi Forward $10K | Discover IT $9K | JP Morgan Chase Select Visa Signature $9.2K | NFCU Flagship Visa Signature $25K | NFCU LOC $15K | NFL Visa Signature (Saints) $8.1K | USAA Amex $10K | USAA World MC $9K
Established Contributor
cashnocredit
Posts: 1,025
Registered: ‎07-18-2009
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Re: Citi forward amazon no longer 5%...


searchingfor67 wrote:
Oh oh...I'm afraid it's true. I copied the following from my online card benefits page. I will be looking to PC to sometime else. It's no longer beneficial to me:

Card Features

Up to 2% purchase APR reduction when you make a purchase, pay on time and stay under the credit limit 3 billing months in a row (0.25% per quarter, up to 8x max)
Earn at least 1 ThankYou® Point for every $1 you spend on purchases including in popular categories like restaurants and entertainment
Earn up to 1,200 bonus ThankYou® Points for paying on time and staying under your credit limit
You can redeem ThankYou Points for almost anything from gift cards, electronics, and travel to student loan rebates and statement credits; with rewards starting at 1,000 points
Chip technology – enjoy global acceptance and enhanced security with your chip card at merchants that use chip terminals to accept your payment

That's weird. GF has a Forward siggy with an EMV chip. How would a bonus for staying below your CL work on a siggy?

I have reestablished credit over the last couple years
so my moniker is, well, rather out of date.

WM Discover $1800, WF Plat 12k, Chase Freedom Siggy15k, Amex Plat (60k H/B), Citi AA EWMC 25k
Frequent Contributor
sakhalin070
Posts: 292
Registered: ‎08-28-2012
0

Re: Citi forward amazon no longer 5%...

[ Edited ]

Anyone else have any updates on this?  I still get 5 TY points per dollar spent on my Amazon purchases, according to my last statement.

AMEX BCE, Discover IT, Citi Forward, BoA Travel Rewards

FICO: TU 781 EX 776 Last App: November 2012
Super Contributor
longtimelurker
Posts: 7,227
Registered: ‎04-22-2013
0

Re: Citi forward amazon no longer 5%...


sakhalin070 wrote:

Anyone else have any updates on this?  I still get 5 TY points per dollar spent on my Amazon purchases, according to my last statement.


The card still gives 5x at Amazon.  There was confusion due to a bug some months ago, but nothing has changed on the card.

CSP, Freedom, Chase Amazon, Cap One QS (x2), Penfed Plat Rewards (x2), Citi Double Cash, Citi Dividend, Citi AA Plat Select, Citi Forward, Amex BCE, Amalgamated Bank, Sallie Mae, Cash Plus, Fid Amex
Scores May 14: EQ 848, EX 833, TU 848 (Sep)

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