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Question on Citi Thankyou Rewards...

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Open123
Super Contributor

Question on Citi Thankyou Rewards...

I read that for mortgages/student loans, the thankyou points are converted at .01 cent.  Can anyone please confirm this?

 

Also, anyone know if you can downgrade the Citi Premier to the regular no fee Thankyou Preferred?

 

Thanks!

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1 REPLY 1
stan_the_man
Established Contributor

Re: Question on Citi Thankyou Rewards...


@Open123 wrote:

I read that for mortgages/student loans, the thankyou points are converted at .01 cent.  Can anyone please confirm this?

 

Also, anyone know if you can downgrade the Citi Premier to the regular no fee Thankyou Preferred?

 

Thanks!


That's the current conversion rate for CC customers -- I got that rate recently from ThankYou Preferred for DW and Forward for me on student loan rebate checks.

 

These conversion rates are subject to change at any time. I know that I got at least one check at a lower rate -- I believe right around $0.00799/point.

 

BTW -- I assume you meant $0.01 in the original post, not 0.01 cents.

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