Posted byon October 16, 2015
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If you don’t already have the Citi Thank You Premier Card, you’re in luck! Citi is offering 50,000 bonus points worth $500 in gift cards or $625 in airfare without a complicated second year spending requirement!
The $500+ sign up bonus is our Free Money Friday offer.
For those of us with the old multi-year spending requirement, this is also your reminder to pull it back out and finish earning your bonus. My husband picked up the card during his application spree last fall, which means it’s time to complete his second year spending requirement. Check your dates if you also picked up the Citi ThankYou Premier Card last year around the same time.
*Find and compare all current credit card offers in our credit card directory.
Earning points. You will earn 3 ThankYou Points for every $1 spent on purchases for travel and gas, 2 ThankYou Points for every $1 spent on purchases for dining at restaurants and entertainment and 1 ThankYou Point per $1 spent on other purchases.
Redeem Points to Pay Mortgage or Student Loan. Some of my favorite options for redeeming Citi Thank you points are with mortgage or student loan payments. For more information on conversions, see the Best Way to Maximize Citi Thank You Points.
Second Year Spending (Old Cards Only). For those of you who picked up the card last year and are evaluating the spending required in the second year, I put together details on How to Maximize the Value of Your $500 Citi Premier Card Bonus last year. The annual fee has gone down and the spending categories changed, but it should give you a good outline to help you figure out if the card is worth holding onto in year two.