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New Member
Posts: 6
Registered: ‎08-08-2012
0

Im going with Citi Thank you Premier!!!

Im going with the Citi Thank You Premier Card. Full disclosure – It seem for whatever reason Chase does not want to do business with me so getting a Chase Sapphire Preferred card is out question. However After comparing the two card side by side why would anyone get the Sapphire Preferred. The way the Citbank card is set up if you fly a lot the chase card can't touch it. Why ? Because Citibank points compound on themselves and  matching point is better than double. The BREAK DOWN!

 

 

Currency

Citi Conversion

Chase  Conversion

 Citi Matching Flight Points

Citi Airfare redemption bonus

Total Citi point per dollar

TotalChasePoint

 

 

 

 

 

 

 

 

 

Travel

 

 

 

 

 

 

 

 

 

Air

1

1

2

1

0.66

2.66

2

 

Bus & Train

1

1.2

2

1.2

0.792

3.192

2

Gas

 

1

1.2

1

1.2

0.792

3.192

1

Groceries

 

1

1.2

1

1.2

0.792

3.192

1

Dinning

 

1

1

2

1

0.66

2.66

2

 

That not taking into account things you can buy through the Citi Thank you bonus center which is pretty much everything else. And they give you 3-7 points per dollar. THE BREAK!

 

 

Currency

Citi Conversion

Chase  Conversion

 Citi Matching Flight Points

Citi Airfare redemption bonus

Total Citi point per dollar

Citi Thank you bonus center

1

5

 

5

3.3

13.3

 

And that’s not  including the anniversary bonus of 5%. You may be like Chase give you 7% but 7% of nothing  is nothing. Lets use the example of 20K in everyday spending. The BREAK!!

 

 

Currency

Citi Conversion

Chase  Conversion

 Citi Matching Flight Points

Citi Airfare redemption bonus

Total Citi point per dollar

TotalChasePoint

Gas

 

5000

6000

5000

6000

3960

15960

5000

Groceries

 

10000

12000

10000

12000

7920

31920

10000

Dinning

 

5000

5000

10000

5000

3300

13300

10000

 

Total Points

 

 

 

 

61180

25000

 

You Anniversary bonus looks like this

           

Total with Anniversary bonus

64239

26750

 

Lets say you also bought 10K in TV’s, new Frig, computer. Stuff you can get through the citi bonus center….. THE BREAK

 

 

Currency

Citi Conversion

Chase  Conversion

 Citi Matching Flight Points

Citi Airfare redemption bonus

Total Citi point per dollar

TotalChasePoint

Citi Thank you bonus center

10000

40000

10000

40000

26400

106400

10000

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Citi

Chase

 

 

 

 

 

Anniversary bonus

111720

10700

 

 

 

 

So you just spent 30K with Citibank  you got 175.959 points….$1,759.59 in airfare Vs 37,450 points  with Chase. I know what you chase lovers are going to say!!! I can flight business class with those points. AND THAT’S TRUE. You can flight business class. However I just flew my whole family to OrlandoFL and spent a week at Disneyworld…..WHAT?

 

New Member
Posts: 10
Registered: ‎06-22-2012
0

Re: Im going with Citi Thank you Premier!!!

Wow very detailed post! The Thank you Premier is my goal card for next summer. My fiance and I both got approved for the Forward card a couple months ago, so we have been racking up Thank You Points religiously. We are always out and about, so the 5 points for dollar on restaurants, fast food, movie theaters, and Amazon.com purchases have helped us rack up 5,000 to 7,000 points per month. My plan is to apply for the Thank You Premier next year when Citi brings back the 50K sign up bonuses. My fiance and I both plan on getting the card, giving us 100K in bonus points, plus nearly 100K in points racked up from our Forward cards. Pairing those 300K Thank you points with the 33% bonus on airfare bookings with the Thank You Premier and we will be taking some NICE vacations! I am so excited!!!

 

What other Citi cards do you use with your Premier and how else have you been able to rack up the Thank You Points?

New Member
Posts: 6
Registered: ‎08-08-2012
0

Re: Im going with Citi Thank you Premier!!!

Right now I just have the Citi Thank you World Mastercard. However I wanted the 2g card but only the Dividend, Preferred and Prestige card offer that. The CSR said I qualified for the Preferred card and started the product change. My 45 days ends tomorrow I have my fingers crossed

Established Contributor
Posts: 766
Registered: ‎01-16-2012
0

Re: Im going with Citi Thank you Premier!!!

While I think the Citi TYP is a good card, I think your chart contains at least a few (and possibly many) flaws. First, the anniversary bonus is 5% in year 5 and beyond of card membership. It is 1% in year one. Second, it does not apply to any bonus points, just the 1 point earned on most purchases plus 1.2 on bonus categories. Third, the matching miles are based on miles flown, not dollars spent. You also have a matching miles for gas purchases. Where did you get this information? You also don't account for either the annual fee (which is an issue in year 2 and beyond), nor the price difference between items purchased through Citi and the price you could get on Amazon, etc. Finally, you don't indicate how the prices offered through Spirit compare with those available through other travel sites. All of these factors need to be applied to see what your actual savings is.

In addition, CSP allows conversion of UR points to miles on a variety of airlines. So you are really comparing the value of using Citi TY points to purchase tickets through a specific travel agency vs the ability to redeem miles directly through the airline. I'm not saying Citi wouldn't come out ahead, just that it would make a more realistic comparison. Since I don't have a Citi card, I can't look up current prices to compare to kayak or the airline web sites. 

Enjoy the card, I think it is great and my wife likes hers a great deal. But for others trying to decide, I'm not sure this chart is a great basis for comparison.

In wallet: Ink Plus 10k, AMEX TE 25k. In bag: CSP 16k, USAA WMC 15k, Hyatt 13k, United MPE 12k, AMEX HHonors 3k. In SD: Cap 1 QS 5k, Discover IT 7k. FICO 08 says my EQ is now 844, was 510 in 2010.
New Member
Posts: 6
Registered: ‎08-08-2012
0

Re: Im going with Citi Thank you Premier!!!

Your right the 5% only applies if you have been a thank you member for 5 years. However I already have been a Thank you card member for 2 this will be my third... If you want I could do a weighted average over my life span but seeing that Its only two years I left that out.. Its also true that bonus applies only to purchase points earned not to the bonus points. My bad on that on. What you have incorrect is that The premier card does give you 1.2 points per dollar spent on gas. Then those 1.2 points get match by the flight points(if you have them) Thats what matching means. No I didn't talk about the annual fee which is higher buy 30 dollars. I also didn't include the companion ticket. If you want to look at it that way you get a round trip  ticket to aanywhere in the US for an extra 30 dollars. The price on the thank you travel site are comparable but slightly higher.... maybe by like 20 dollars or so

Valued Contributor
Posts: 3,096
Registered: ‎01-26-2012
0

Re: Im going with Citi Thank you Premier!!!

I don't have any Citibank point cards so please correct me if I am wrong.  As cdnewmanpac pointed out, the key difference to me is what you can do with the points.  I believe Citibank Ty points can only be used to discount travel expenses at set rate around 1%.  Chase ur points can be changed into miles on various airlines.  Airline miles are worth much more than 1 cent per mile/point.  In fact, on right flights, the value can be closer to 10 cents a point.  Hence chase ur points and Amex mr points are unique in that way aside.  Otherwise you need to get airline or hotel miles/pts card to have similar benefit but locked into that carrier/hotel.

               LIMITS IN CARD DESCRIPTIONS
Valued Contributor
Posts: 3,096
Registered: ‎01-26-2012
0

Re: Im going with Citi Thank you Premier!!!

Also, chase has similar program to Citibank where you earn bonus points by buying through them but no idea how programs compare.

               LIMITS IN CARD DESCRIPTIONS
Frequent Contributor
Posts: 364
Registered: ‎08-23-2011
0

Re: Im going with Citi Thank you Premier!!!

I glanced through the thread but I didn't see this mentioned but I also hear if you book a plane ticket with your thank you card, you get bonus points equal to the miles flown. Can really clean house if you fly frequently.

FICO Scores: TU: 768 (Jan 2012), EQ: 755 (Jan 2012 Lender pull)
Established Contributor
Posts: 766
Registered: ‎01-16-2012
0

Re: Im going with Citi Thank you Premier!!!


Correction wrote:

 What you have incorrect is that The premier card does give you 1.2 points per dollar spent on gas. Then those 1.2 points get match by the flight points(if you have them) Thats what matching means. 


The only "matching" program mentioned in the t and c is the mile matching for tickets purchased with the card. It gives you 1 point for every mile that you fly on the ticket you purchased. It applies only to tickets purchasedwith the card, not ticketpurchased with points. I can find no mention to the point matching you are describing. If you could provide a link to the program you are referencing, that would be helpful, as we have notreceived any of the points you are describing and HAVE redeemed Ty points for flights.

In wallet: Ink Plus 10k, AMEX TE 25k. In bag: CSP 16k, USAA WMC 15k, Hyatt 13k, United MPE 12k, AMEX HHonors 3k. In SD: Cap 1 QS 5k, Discover IT 7k. FICO 08 says my EQ is now 844, was 510 in 2010.
New Visitor
Posts: 1
Registered: ‎09-15-2012
0

Re: Im going with Citi Thank you Premier!!!

Ok So I applied for the card and was givin the under review notice. I waited for five days and then called to see what was going on. They said the application was under review. I waited another 5 days  and called again. The applicaton was still under review. Two more days pasted and I get a phone call from citi. Im approved for 5K. OK to the guy above yes. you have to have the flight mile that match your thank you points in order to use the flight miles as thank  you points... Approved @ fico 701

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