How to get more from your bank than they planned



Archive: credit card

A Sad Change To Citibanks ThankYou Reward Program
Posted on 03 February 2009 | Category: Banking, Citibank, credit card, Debit Card, ThankYou


It was inevitable but we hoped it wouldn’t happen.

Still by far the best reward program going, as far as being able to accrue points in many different ways (see other Thankyou Posts), however a change is coming.

The fixed rate reward redeption, that could be used to redeem airline tickets on expedia is gone come March 1st 2009.

You know the one we mean e.g. 20,000 points for a domestic ticket up to $400 in value ( and variations on that theme).

Be quick, make use of those points at the enhanced level while you can.  You don’t have to come up with a reason to head to Las Vegas in February.  Your flight plans can be later in the year, just book them before the month runs out.

As a Thankyou rep diligently told us this change is a good thing and will make things less complicated – and less generous (that last bit they didn’t say).

The changes do have some good points though.

It is less complicated and does have more flexibility.  Every thousand points will be worth $10 on expedia, for anything.  Your points can be used for not only the flights but also for taxes and fees which is a really positive change. 

If you were short points you used to be stuck.  You could buy the points at a crazy rate or go without.  Well now if you are short you can make up the difference with cash.

Overall a change for the worse, but some improvements also.  Go book your flights now don’t wait until March.

 

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