citi strata premier and prestige cash back from 1 cent to 0.75 cents

I was able to pretty much piece together which cards would be affected and which would not just by using a rule of thumb of “is the card marketed as earning cash back or points?”

But it does get a bit blurry with points pooling and the fact that with Citi, you always get the best features of all of your cards when they are pooled in one ThankYou account. So, I wanted to confirm with Citi directly.

citi strata premier
Citi Strata Premier

They tell me:

Citi Strata Premier and Citi Prestige cardmembers were informed this week of an upcoming change to our cash back redemption program, however, this change will not go into effect until August 24, 2025. Cardmembers can continue to take advantage of the current redemption value for cash back until then. For Citi Strata Premier and Citi Prestige cardmembers, the cash back redemption value for 10,000 ThankYou Points will be updated from $100 to $75. This change is related only to Citi Strata Premier and Citi Prestige cards.
 
Citi Strata Premier and Citi Prestige cardmembers that also have a Citi Double Cash Card or Citi Custom Cash Card are able to redeem cash back at the 10,000 ThankYou Points to $100 value if their ThankYou accounts are combined.
 
Of course, that left me wondering about two specific cards. One is the Rewards+ (a fan favorite for the 10% yearly points rebate of up to 10,000 per year on redemptions) and the other is one we points people never discuss called the AT&T Points Plus.
 
The cash back redemption values for the Citi Rewards+ Card and the AT&T Points Plus cards are 10,000 ThankYou Points to $50.
 
Bottom line?
 
You need a Double Cash® or Custom Cash® to cash out at the 1 cent per point value from a Citi Strata Premier℠ or Citi Prestige.
 
A Citi Rewards+® card (or AT&T Points Plus card) won’t cut it.

Questions?

Let me know below in the comments, on Twitter, or in the private MilesTalk Facebook group. And don't forget to follow me on Instagram for all sorts of tips on miles, points, credit cards, and travel.

If this post helped you, please consider sharing it!

You can find credit cards that best match your spending habits and bonus categories at Your Best Credit Cards. 

New to all of this? My “introduction to miles and points” book, MilesTalk: Live Your Wildest Travel Dreams Using Miles and Points is available on Amazon and at major booksellers.

RELATED ARTICLESMORE FROM AUTHOR

2 COMMENTS

  1. Hi! My husband and I HAVE Citi Strata Premier and Citi Prestige cards. Should we apply for one of the cash cards in order to still get $100 for 10,000 thank you points?

    Thanks,
    Serena

    • Hi Serena,

      A true MilesTalker should be transferring those points to travel partners to max out value 🙂 But you should probably have a Double Cash for non bonus category spend anyway 🙂

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.