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I’ve often said that credit card signup bonuses are one way to get a lot of miles in a short amount of time. I have also often said that you should not signup for a credit card just because some guy on the Internet says that you should! One pretty good bonus that has been going on is 50,000 ThankYou points for signing up for the Citi ThankYou Premier 50000 ThankYou point offer and spending $4000 in the first 3 months of having the card.
Now, One Mile at a Time and View from the Wing are reporting that the Citi ThankYou Premier 50,000 point signup bonus offer will be going away on Tuesday and be replaced with a different (yet unknown) offer.
Keep in mind that according to the current rules and credit card signup best practices, you will not be approved to get the bonus ThankYou points if you’ve opened or closed ANY of the ThankYou cards (Prestige / Premier / Preferred) in the past 24 months. I believe the AT&T Access More card, which does earn ThankYou points is not considered a ThankYou point earning card for purposes of this discussion.
Where 50,000 Citi ThankYou points can take you
Citi ThankYou points are transferrable to a wide variety of partners. Here are 4 of my favorites
- Air France, for use on their monthly promo awards and cheap flights to Hawaii
- We’re looking at transferring our points to EVA Air to fly the Hello Kitty plane out to Taiwan.
- You can get a ton of value out of Cathay Pacific’s Asia Miles program, and neither Chase nor Amex transfer there
- And of course, Singapore Airlines for either Suites Class or booking United awards to Hawaii at 40% off
They’re transferrable to Hilton points as well (1:1.5 with occasional bonuses), but that is not one partner I’d recommend.
And of course, you could use your 50,000 ThankYou points as “cash points” – good for $625 on any airfare, which, while not the most optimal use of ThankYou points, depending on your travel goals, can get you where you want to be (SEE: The folly and fallacy of using miles for economy travel)
Just don’t let me see you redeeming for THIS offer (even if you get 10% off)
3 other reasons to consider the Citi ThankYou Premier card
Here are 3 other reasons you might consider getting the Citi ThankYou Premier card
- 3X Points on Travel (Airfare / Hotels / etc), Including Gas Stations
- 2X Points on Dining Out & Entertainment
- No annual fee the first year ($95 after that, though I am currently in a reconsideration spending offer to get a $95 statement credit to offset the annual fee
Where to get the Citi ThankYou Premier 50K offer
If you would like to support PWaC by signing up for the Citi ThankYou Premier card on our top offers page (You can find it under the “Airline cards” link / section. If you’d like to support other sites, I would imagine most bloggers would have their own links. If you prefer your money and support go to Citibank executives and shareholders :-D, I’d imagine there are direct links on Citibank’s homepage.
It’s certainly possible that this offer will still be around after Tuesday, and even if it isn’t, it’s likely to come back. Again, I repeat – please do not sign up for this card just because I (or anyone else) says so – do your own research and make your own decisions
Good luck and happy travels!