Please ensure Javascript is enabled for purposes of website accessibility

Citi is reevaluating its ThankYou Premier card this summer. Get ready for triple ThankYou Points on groceries and dining! Citi recently sent out some information on upcoming changes. Check your email for the subject line “Exciting changes coming to your Citi Premier Card”.

a close-up of a logo

Triple Points on Groceries, Dining, and Travel

Starting August 23, 2020, the Citi ThankYou Premier will earn triple ThankYou points on supermarket and restaurant purchases. The card already earns triple points on air travel, hotels, gas stations, and other travel. You’ll also earn double TYP on Entertainment…for now. You’ll also have an annual $100 rebate on a single hotel stay of $500 or more when booked through Citi’s travel portal. That’s a 20% savings! Not as good as the old Citi Prestige 4th night free, but still somewhat useful.

a table with empty plates and utensils

An empty table at a restaurant. Image source: Getty Images.

On April 9, 2021, Citi is removing some of the benefits we’ve come to love on the ThankYou Premier card. From then on, you’ll only earn 1x on “Other” Travel and Entertainment. Your ThankYou Points are also getting devalued – no more 25% bonus on travel redemption values through the ThankYou Travel Center. Your points will all be worth 1 cent, whether you redeem them through Citi for a merchant gift card or for travel.

Are These Changes Good?

Well, from August of this year to April of next year at least, this is all good news. Your card will have extra bonus categories, and won’t lose any of its existing benefits until April 9, 2021.

After that, the answer really depends on your spending habits. Groceries and restaurants are great categories for triple points, but losing the wide range of other travel definitely hurts. If you’re looking for a new card for your entertainment spend, I’d consider the Capital One Savor at 4% cashback on Entertainment.

No matter how you like to use your ThankYou Points, the reduction in booking value is certainly a loss. I tend to transfer my ThankYou Points to other airline partners, so I’m happy there hasn’t been any change there!

Will you keep your ThankYou Premier card?

Points With a Crew has partnered with CardRatings for our coverage of credit card products. Points With a Crew and CardRatings may receive a commission from card issuers. Responses are not provided or commissioned by the bank advertiser. Some or all of the card offers that appear on the website are from advertisers and that compensation may impact on how and where card products appear on the site. Any opinions expressed in this post are my own, and have not been reviewed, approved, or endorsed by my advertising partners and I do not include all card companies, or all available card offers. Terms apply to American Express benefits and offers and other offers and benefits listed on this page. Other links on this page may also pay me a commission - as always, thanks for your support if you use them

User Generated Content Disclosure: Points With a Crew encourages constructive discussions, comments, and questions. Responses are not provided by or commissioned by any bank advertisers. These responses have not been reviewed, approved, or endorsed by the bank advertiser. It is not the responsibility of the bank advertiser to respond to comments.