The New “Citi Trifecta / Quadfecta”
If you were tuned into the the miles and points rumorsphere over the weekend, you may have noticed that Doctor of Credit posted further confirmation to the earlier revelation that Citi Double Cash credit card points would be convertible to ThankYou points in the near future.
We were wondering: Will the transferred points function like any other credit card earned ThankYou points as long as you also have a Citi Prestige or Citi Premier – meaning, will they be transferable to airlines?
The answer is yes and transfers are in fact now live at 1:1.
The Citi cards in play are:
The Citi Premier: Unlocks 1:1 transfers of Citi ThankYou points to 15 airline partners. It also allows redemption in the Citi travel portal at 1.25 cents per point. The card earns 3x Citi ThankYou points on all travel and gas and 2x Citi ThankYou points on entertainment and restaurants.
The Citi Double Cash card: Earn 2 points per dollar on all spend. Basically, anything that isn’t travel, gas, entertainment or restaurants.
The Citi Rewards+: Gives you a 10% rebate on redeemed ThankYou points up to 10,000 rebated points (on 100,000 redeemed) per year. Also rounds up small purchases to max out earned points on small transactions.
The Citi Prestige: If you value the 4th night free benefit in its current form and/or spend enough to maximize the bonus categories on this card, namely 5x Citi ThankYou points on restaurants and airfare and 3x on hotels and cruises.
Citi Quadfecta or Citi Trifecta?
Now that the Citi Prestige has both a higher annual fee, at $495, and no longer allows concierge bookings, it’s not as much of a “no brainer” card as before. Many will balk at the small signup bonuses on the Citi Double Cash card (generally no bonus) and the Citi Rewards+, but keep in mind that you should be able to product change nearly any open Citi card to either of these. Many of us have older, potentially dormant, Citi cards we stopped using and those are perfect conversion candidates.
So at a minimum, you’d want the Citi Double Cash, for 2X points on all non-bonused spend, and a Citi Premier or Citi Prestige for the ability to transfer these points to airlines (assuming this all pans out such that Double Cash-earned points are transferable. I guess that would simply be a Citi Bifecta.
The Citi Rewards+ will earn you back 10,000 points a year if you max the 100,000 in ThankYou point redemptions each year, which is “worth” about $160 based on my valuations for ThankYou points. That would be the Citi Trifecta.
I don’t think most people would need all four, as the Prestige duplicates much of the Premier earnings and benefits, however there are people that would benefit. If you wanted to have 4th night free and 5X on dining but ALSO want to redeem via the portal for airfare at 1.25 cents per point (rather than transfer to airlines), then you would potentially want all four and complete the Citi Quadfecta. Likewise if you have a ton of entertainment spend (perhaps you buy a ton of tickets for resale).
A Reminder About the Citi 1/24 – 1/48 Rule
A product change to a ThankYou earning card would likely reset your eligibility for a new ThankYou card bonus under the current rules, which is that you can’t earn a bonus if you have opened or closed a personal ThankYou product in the past 24 months. Don’t product change a card to the Rewards+ if you haven’t gotten a Premier or Prestige in the last 24 months without considering if you want one of those first.
A Reminder About Citi Card Benefits
Bear in mind that Citi has removed the following benefits from all of these cards:
- Worldwide Car Rental Insurance
- Trip Cancellation & Interruption Protection
- Worldwide Travel Accident Insurance
- Trip Delay Protection
- Baggage Delay Protection
- Lost Baggage Protection
- Medical Evacuation
- Price Rewind
- 90 Day Return Protection
- Missed Event Ticket Protection
- Roadside Assistance Dispatch Service
- Travel & Emergency Assistance
The Citi Double Cash also lost Extended Warranty and Purchase Protection.
It’s up to you if that moves the needle for you on these cards versus cards that still have them like Chase credit cards that earn Chase Ultimate Rewards points.
Will this change impact the mix of cards in your wallet?
You can find credit cards that best match your spending habits and bonus categories at Your Best Credit Cards.
New to all of this? The MilesTalk “introduction to miles and points” book, MilesTalk: Live Your Wildest Travel Dreams Using Miles and Points is available on Amazon and at major booksellers.