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Citi TY cash back devaluation?

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MrDisco99
Valued Contributor

Citi TY cash back devaluation?

I just got this in my email:

 

Screenshot 2025-05-21 at 4.46.06 PM.png

 

Is this only relevant to the Strata Premier and my Custom Cash and Double Cash still enable me to redeem at 1cpp?  Or is this a cash back devaluation across the board?

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Varsity_Lu
Valued Contributor

Re: Citi TY cash back devaluation?

There was a thread a out this a few days ago.

 

https://ficoforums.myfico.com/t5/Credit-Cards/Upcoming-TYP-cashback-nerf-for-Strata-Premier/m-p/6824...

 

I'm not part of Citi so I don't have any clue.

Blue Cash PreferredBlue Cash EverydayHilton HonorsSavorREIFidelity Rewards VisaMore RewardsVoice Rewards + Perks CheckingMax Cash PreferredAAA Travel AdvantageCashRewards
Mechanics Savings BankFidelity InvestmentsNavy Federal Credit UnionHuntington National Bank
FICO® 8: 844 (Eq) · 838 (Ex) · 812 (TU)

Message 2 of 5
Follower
Regular Contributor

Re: Citi TY cash back devaluation?

I just redeemed on my Custom Cash MC and it's still 1¢ per point. For now...


Equifax FICO 8 Bankcard 865 | Experian FICO 8 846 | TransUnion FICO 8 833
Message 3 of 5
ptatohed
Senior Contributor

Re: Citi TY cash back devaluation?


@Follower wrote:

I just redeemed on my Custom Cash MC and it's still 1¢ per point. For now...


Strata Premier only (the tread title should state this).  For now....

 

I have until June 19 to cash out my TYPs at 1.11cpp before the R+ is converted.  RIP R+.  

[Until I can make a pretty signature, here’s an updated draft]

Everyday 5% CB:
Chase prime Visa // citi CUSTOM CASH “A” // citi CUSTOM CASH “B” // citi SHOP YOUR WAY (5% gas (in points), lucrative spending offers) // mylowe’s Rewards // Target circle card // primis Perks debit Visa (50c CB per transaction (5% CB or more up to $10 spend))

5% CB rotating:
Chase “OG” freedom Visa // DISCOVER it Cash Back // nusenda CU Platinum Cash Rewards

Everyday 4% CB:
US Bank Smartly (v1.0)

Everyday 3% / 2.2% CB:
AOD FCU Visa Signature (3%, sockdrawered) // upgrade Cash Rewards Elite (2.2%, sockdrawered)

Welcome Offer / credits only:
Chase SAPPHIRE PREFFERED (grabbed my $1,000, sockdrawered, will cancel) // NFCU FLAGSHIP REWARDS (elevated Welcome Offer, annual prime credit, sockdrawered)

Hotel card:
Chase IHG ONE REWARDS PREMIER (elevated Welcome Offer, 1 free night/yr)

On my radar:
Langely FCU Signature Cash Back (5% CB monthly selectable cat) // Safe CU Cash Back+ (Quarterly rotating 5% CB cats plus bonus cats) // upgrade MyFive Cash Rewards (5% CB monthly selectable cat) // US Bank Kroger (and family) World Elite Master Card(s) (5% CB Mobile Wallet)
Message 4 of 5
TrapLine
Established Contributor

Re: Citi TY cash back devaluation?

In thinking about this thread, I remember back many years when Citi Cards did have values that were less than 1:1.


Forgot about that ... looks like a return from yesteryear ... 

 

This must be a sign of the times. One of my credit unions just noticed me by email that their rewards program was getting cut back. The changes would be that you could only earn points 1:1 on the Visa Premier Classic Card, 1 to 1.25 on their Visa Premier Select Rewards Card and 0.25 :1 on the Visa Debit Cards.

 

All other rewards earning opportunities were eliminated effective to July 1st 2025. For many probably no big deal but, I was earning points on money invested with the credit union so it was like free money?!

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