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Citi TY points

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Anonymous
Not applicable

Re: Citi TY points


@Anonymous wrote:

@red259 wrote:

@Anonymous wrote:

@red259 wrote:

@Anonymous wrote:

@red259 wrote:

Just throwing this out there because I was unaware of this. When you get the prestige you can (or at leats used to be able to) sign up for a citi gold account and get a bonus 40k citi ty points. I'm being told that apparently the TY points from the prestige card are not the same as from the citigold account and that you can not transfer the citigold ty points to an airline partner like you can with the prestige or premier ty points. Obviously this is somewhat of a blow to my plans and could have been made clearer to me in the branch when I was jumping through hoops to open the account. You can still redeem for AA fare at the 1.6 per point which is a worthwhile redemption, but not what I was shooting for. 


Yes, this is true, You can also redeem for travel credit at 1.25%


Ill sit on the points before throwing them away on a 1.25% redemption. 


What's wrong with maxing their potential and using them on AA?


That is what I am talking about. When you redeem with AA you get 1.6%. What I am saying is I will not redeem for travel expenses at 1.25%, instead I will just save them for when I need an AA flight. 


Apparently the 1.6x works on Oneworld partners as well. You should check how much time before those citigold points expire as i'm sure they have a different set of terms than those earned through a CC bonus or through purchases.


None of us even have the CitiGold points yet so I don't think we need to worry about expiration yet :-)

Message 11 of 24
Anonymous
Not applicable

Re: Citi TY points


@Anonymous wrote:

@Anonymous wrote:

@red259 wrote:

@Anonymous wrote:

@red259 wrote:

@Anonymous wrote:

@red259 wrote:

Just throwing this out there because I was unaware of this. When you get the prestige you can (or at leats used to be able to) sign up for a citi gold account and get a bonus 40k citi ty points. I'm being told that apparently the TY points from the prestige card are not the same as from the citigold account and that you can not transfer the citigold ty points to an airline partner like you can with the prestige or premier ty points. Obviously this is somewhat of a blow to my plans and could have been made clearer to me in the branch when I was jumping through hoops to open the account. You can still redeem for AA fare at the 1.6 per point which is a worthwhile redemption, but not what I was shooting for. 


Yes, this is true, You can also redeem for travel credit at 1.25%


Ill sit on the points before throwing them away on a 1.25% redemption. 


What's wrong with maxing their potential and using them on AA?


That is what I am talking about. When you redeem with AA you get 1.6%. What I am saying is I will not redeem for travel expenses at 1.25%, instead I will just save them for when I need an AA flight. 


Apparently the 1.6x works on Oneworld partners as well. You should check how much time before those citigold points expire as i'm sure they have a different set of terms than those earned through a CC bonus or through purchases.


None of us even have the CitiGold points yet so I don't think we need to worry about expiration yet :-)


Mine should be arriving in the next couple of weeks. Smiley Tongue

Message 12 of 24
red259
Super Contributor

Re: Citi TY points


@Anonymous wrote:

@red259 wrote:

@Anonymous wrote:

@red259 wrote:

@Anonymous wrote:

@red259 wrote:

Just throwing this out there because I was unaware of this. When you get the prestige you can (or at leats used to be able to) sign up for a citi gold account and get a bonus 40k citi ty points. I'm being told that apparently the TY points from the prestige card are not the same as from the citigold account and that you can not transfer the citigold ty points to an airline partner like you can with the prestige or premier ty points. Obviously this is somewhat of a blow to my plans and could have been made clearer to me in the branch when I was jumping through hoops to open the account. You can still redeem for AA fare at the 1.6 per point which is a worthwhile redemption, but not what I was shooting for. 


Yes, this is true, You can also redeem for travel credit at 1.25%


Ill sit on the points before throwing them away on a 1.25% redemption. 


What's wrong with maxing their potential and using them on AA?


That is what I am talking about. When you redeem with AA you get 1.6%. What I am saying is I will not redeem for travel expenses at 1.25%, instead I will just save them for when I need an AA flight. 


Oh ok.  Misunderstood your post.  Did you already use the Prestige's 50K?


No. I don't have enough for a redemption yet. I am going to app for citi premier to get more points into account and then I can move some amex MRs over to krisflyer as werll. or at least this is one possibility. I could go NYC to Frankfurt as well, but I am not interested in frankfurth and would take european flights to turkey/greece, so it would also be kinda round about. My other destination I am interested in is Brazil. 

;
Starting Score: EQ: 714, TU 684
Current Score: EQ: 725 7/30/13, TU 684 6/2013, Exp 828 5/2018, Last App 8/5/17
Goal Score: 800 (Achieved!) In garden until Sepetember 2019
Message 13 of 24
red259
Super Contributor

Re: Citi TY points


@Anonymous wrote:

@red259 wrote:

@Anonymous wrote:

@red259 wrote:

@Anonymous wrote:

@red259 wrote:

Just throwing this out there because I was unaware of this. When you get the prestige you can (or at leats used to be able to) sign up for a citi gold account and get a bonus 40k citi ty points. I'm being told that apparently the TY points from the prestige card are not the same as from the citigold account and that you can not transfer the citigold ty points to an airline partner like you can with the prestige or premier ty points. Obviously this is somewhat of a blow to my plans and could have been made clearer to me in the branch when I was jumping through hoops to open the account. You can still redeem for AA fare at the 1.6 per point which is a worthwhile redemption, but not what I was shooting for. 


Yes, this is true, You can also redeem for travel credit at 1.25%


Ill sit on the points before throwing them away on a 1.25% redemption. 


What's wrong with maxing their potential and using them on AA?


That is what I am talking about. When you redeem with AA you get 1.6%. What I am saying is I will not redeem for travel expenses at 1.25%, instead I will just save them for when I need an AA flight. 


Apparently the 1.6x works on Oneworld partners as well. You should check how much time before those citigold points expire as i'm sure they have a different set of terms than those earned through a CC bonus or through purchases.


I will look into the oneworld partner thing as I had not heard that before. I'm not worried about them expiring since I am still waiting for them to hit my account!

;
Starting Score: EQ: 714, TU 684
Current Score: EQ: 725 7/30/13, TU 684 6/2013, Exp 828 5/2018, Last App 8/5/17
Goal Score: 800 (Achieved!) In garden until Sepetember 2019
Message 14 of 24
Anonymous
Not applicable

Re: Citi TY points


@Anonymous wrote:

@Anonymous wrote:

@Anonymous wrote:

@red259 wrote:

@Anonymous wrote:

@red259 wrote:

@Anonymous wrote:

@red259 wrote:

Just throwing this out there because I was unaware of this. When you get the prestige you can (or at leats used to be able to) sign up for a citi gold account and get a bonus 40k citi ty points. I'm being told that apparently the TY points from the prestige card are not the same as from the citigold account and that you can not transfer the citigold ty points to an airline partner like you can with the prestige or premier ty points. Obviously this is somewhat of a blow to my plans and could have been made clearer to me in the branch when I was jumping through hoops to open the account. You can still redeem for AA fare at the 1.6 per point which is a worthwhile redemption, but not what I was shooting for. 


Yes, this is true, You can also redeem for travel credit at 1.25%


Ill sit on the points before throwing them away on a 1.25% redemption. 


What's wrong with maxing their potential and using them on AA?


That is what I am talking about. When you redeem with AA you get 1.6%. What I am saying is I will not redeem for travel expenses at 1.25%, instead I will just save them for when I need an AA flight. 


Apparently the 1.6x works on Oneworld partners as well. You should check how much time before those citigold points expire as i'm sure they have a different set of terms than those earned through a CC bonus or through purchases.


None of us even have the CitiGold points yet so I don't think we need to worry about expiration yet :-)


Mine should be arriving in the next couple of weeks. Smiley Tongue


When did you when did you open your CG account?

Message 15 of 24
IWOL
Established Contributor

Re: Citi TY points


@red259 wrote:

@Anonymous wrote:

@red259 wrote:

Just throwing this out there because I was unaware of this. When you get the prestige you can (or at leats used to be able to) sign up for a citi gold account and get a bonus 40k citi ty points. I'm being told that apparently the TY points from the prestige card are not the same as from the citigold account and that you can not transfer the citigold ty points to an airline partner like you can with the prestige or premier ty points. Obviously this is somewhat of a blow to my plans and could have been made clearer to me in the branch when I was jumping through hoops to open the account. You can still redeem for AA fare at the 1.6 per point which is a worthwhile redemption, but not what I was shooting for. 


Who told you this?  I was under the impression that the 40K TY points from Citigold were going to have the same redemption value as the Prestige ones.  JSUCool76 knows all about this proggram.

 

What are you trying to do with the points?


A travel board and then I saw it on a travel blog as well. I wanted to use them towards Signapore airlines redemption. There is a signapore redemption for first class from LAX to Tokyo that I want, so if I did that I would still need a flight from NY to LA and the TY points from the bank account redeemed on AA could come in handy there. 


Maybe you already know this but Singapore Air is transferrable to from all 4 rewards accounts, MR, UR, TYP and SPG.

I just booked the very flight you are talking about in a first class suite form LA to Singapore through Tokyo. I was amazed that I was able to get a booking on my outgoing flight at the saver level and at standard coming back which made the redemption 219,000 miles. Still a very good deal when you consider this ticket costs $20K+

 

Cant wait for this flight.  Since all 4 programs transfer to Singpapore Air you could utilize a miriad of sign up bonuses to make up whatever points you may need.

 

Have you cheked if the flight dates you need have award availablity? The problem with Singapore is if you want to waitlist a date you have to have enough mile sitting in your account. It wont use them unless you get a confirmation but you may not know until very close to your date.

 

For some destinations going through Singapore a long way but the food, service and seat size on business/first is the best in the airline biz and the redemption rates are much beter than the US legacy carriers.


Message 16 of 24
red259
Super Contributor

Re: Citi TY points


@IWOL wrote:

@red259 wrote:

@Anonymous wrote:

@red259 wrote:

Just throwing this out there because I was unaware of this. When you get the prestige you can (or at leats used to be able to) sign up for a citi gold account and get a bonus 40k citi ty points. I'm being told that apparently the TY points from the prestige card are not the same as from the citigold account and that you can not transfer the citigold ty points to an airline partner like you can with the prestige or premier ty points. Obviously this is somewhat of a blow to my plans and could have been made clearer to me in the branch when I was jumping through hoops to open the account. You can still redeem for AA fare at the 1.6 per point which is a worthwhile redemption, but not what I was shooting for. 


Who told you this?  I was under the impression that the 40K TY points from Citigold were going to have the same redemption value as the Prestige ones.  JSUCool76 knows all about this proggram.

 

What are you trying to do with the points?


A travel board and then I saw it on a travel blog as well. I wanted to use them towards Signapore airlines redemption. There is a signapore redemption for first class from LAX to Tokyo that I want, so if I did that I would still need a flight from NY to LA and the TY points from the bank account redeemed on AA could come in handy there. 


Maybe you already know this but Singapore Air is transferrable to from all 4 rewards accounts, MR, UR, TYP and SPG.

I just booked the very flight you are talking about in a first class suite form LA to Singapore through Tokyo. I was amazed that I was able to get a booking on my outgoing flight at the saver level and at standard coming back which made the redemption 219,000 miles. Still a very good deal when you consider this ticket costs $20K+

 

Cant wait for this flight.  Since all 4 programs transfer to Singpapore Air you could utilize a miriad of sign up bonuses to make up whatever points you may need.

 

Have you cheked if the flight dates you need have award availablity? The problem with Singapore is if you want to waitlist a date you have to have enough mile sitting in your account. It wont use them unless you get a confirmation but you may not know until very close to your date.

 

For some destinations going through Singapore a long way but the food, service and seat size on business/first is the best in the airline biz and the redemption rates are much beter than the US legacy carriers.


I'm kinda concerned now because I was under the impression for LA to Tokyo I would only need 150k miles. Maybe the travel blogs are only quoting saver fares, in which case that should be made clear but then again they just want people to signup for credit cards and really should not be considered reliable when it comes to things like this. I thought the roundtrip LA to Signapore flight was 182k miles or so. I haven't figured out what my dates will be yet. I can come up with about 150k miles but that is about it. I can take the prestige and assuming I get the premier card and combine those bonuses with about 50k MRs. I'm not going to dump starpoints and chase URs into it as well for a single flight, especially since I want to utilize those rewards for hotel stays. How is it with close in booking? Is it like CX where if you are flexible you can snag something close in? I don't like the waitlist idea because if I have to put the points in the program and then nothing opens up I can't go to a different airline and book. Did you book through signapore to get the discount?

;
Starting Score: EQ: 714, TU 684
Current Score: EQ: 725 7/30/13, TU 684 6/2013, Exp 828 5/2018, Last App 8/5/17
Goal Score: 800 (Achieved!) In garden until Sepetember 2019
Message 17 of 24
Anonymous
Not applicable

Re: Citi TY points

The points from Citigold are also taxable, right?

Message 18 of 24
NRB525
Super Contributor

Re: Citi TY points

<--- grabs popcorn....

High Bal Jan 2009 $116k on $146k limits 80% Util.
Oct 2014 $46k on $127k 36% util EQ 722 TU 727 EX 727
April 2018 $18k on $344k 5% util EQ 806 TU 810 EX 812
Jan 2019 $7.6k on $360k EQ 832 TU 839 EX 831
March 2021 $33k on $312k EQ 796 TU 798 EX 801
May 2021 Paid all Installments and Mortgages, one new Mortgage EQ 761 TY 774 EX 777
April 2022 EQ=811 TU=807 EX=805 - TU VS 3.0 765
Message 19 of 24
red259
Super Contributor

Re: Citi TY points


@Anonymous wrote:

The points from Citigold are also taxable, right?


I believe so. There is a lot of conflicting information out there on the subject. People claim citi no longer sends out 1099s, but if you redeem most but not all the miles you can avoid the threshold all together.

;
Starting Score: EQ: 714, TU 684
Current Score: EQ: 725 7/30/13, TU 684 6/2013, Exp 828 5/2018, Last App 8/5/17
Goal Score: 800 (Achieved!) In garden until Sepetember 2019
Message 20 of 24
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