Update: Citi has clarified that Citi Premier will continue to earn 3 points per dollar for all purchases at (online and physical) travel agencies even after these changes!
Citi currently awards triple points on all travel agency purchases and it seems likely that all purchases from travel agencies will continue to earn triple points as many agencies don’t differentiate what exactly they are charging you for.
Originally posted on 4/8:
Nobody loves tinkering with their credit card benefits more than Citi.
The Citi Premier Card is now up for changes, but to their credit, Citi is giving a good amount of advance notice.
As of 4/10/21 you will no longer get a 25% bonus when you redeem points for travel. Previously you were able to receive a value of 1.25 cents per point on travel, but now you’ll be capped at just 1 cent per point. That’s very uncompetitive compared to Chase and their 25% increased points value for travel on Sapphire Preferred/Ink Preferred or 50% increased points value for travel on Sapphire Reserve.
Additionally on 4/10/21, current cardholders will lose triple points categories on travel besides for airfare and hotels. That means you won’t get triple points on categories like
travel agencies, car rentals, cruises, public transportation, timeshares, boat rentals, taxis, tolls, trains, parking, Uber, Lyft, etc. New customers won’t get these categories if they apply after 8/22/20.
Finally on 4/10/21, current cardholders will lose double points on entertainment, such as sporting events, amusement parks, zoos, museums, tourist attractions, theater, concerts, movies, video rentals, internet steaming media, etc.
There is good news too though.
Starting on 8/23/20 the card will earn triple points on supermarkets and dining. And it will retain triple points on airfare, hotels, and gas.
And on 8/23/20, the card will also offer an once annual $100 credit for making a $500+ hotel booking through Citi.
These changes will also affect the Citi Trifecta as you can pool Citi ThankYou points together from cards like:
- The Citi Double Cash card offers 2% cash back or 2 points per dollar spent everywhere that can be transferred into ThankYou points. If you also have a Citi Premier Card you can transfer points into miles or get a 25% added value for paid airfare. No annual fee.
- The Citi Rewards+ Card offering 15,000 points for spending $1,000 in 3 months. This card can’t transfer points on its own, but can transfer points if you have one of the Citi cards above. This card automatically rounds up rewards earned on every purchase to the nearest 10 points, meaning you earn 10 points on a $0.50 Amazon balance reload. Earn 2 points on $6K in annual spending at supermarkets, 0% intro APR on purchases and balance transfers for 15 months, and a 10% points rebate when you redeem points, up to a 10K points rebate per year. If you also have a Citi Premier Card you can transfer points into miles or get a 25% added value for paid airfare, plus get a 10% points rebate on transferred or redeemed miles. No annual fee.
If you have a killer combo like that, you’ll want to book travel by 4/9/21 in order to take advantage of the 25% Premier bonus before it goes away.
Then again, if you have a Citi Rewards+ you’ll still get a 10% points rebate on Premier redemptions, so you’ll still be able get more than 1 cent per point.
Will you keep your Citi Premier card after these changes?