New Contributor
Posts: 51
Registered: ‎08-14-2012
Re: Citi Forward 5% ?
[ Edited ]

trumpet-205 wrote:

* Redeem it for gift card ---> 1%/5% or 0.8%/4% return

I get 1:1 redemption ratio but some people reported 1:0.8 instead


If I'm not mistaken, you get 1:1 because you also have the ThankYou Preferred card.  There are a couple different ThankYou cards that allow you to get the better redemption rate, and from what I understand, if you have one of them, you get the better rate regardless of which card you used to earn the points.  i.e., if you have both Forward and ThankYou Preferred, the latter gets you the better redemption rate even on points earned from the Forward card.  I only have the Forward, so I don't get the better rates.  But I can still get 1:1 on mortgage payments.