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If this has been discussed already let me know, but I don't think it has.

I have read many threads on Citibank's thankyou reward system and different cards that are linked to it. I was wondering if people have any ideas on how to best use their points to get more value per point. So far it seems the best value is student loan rebate for students, and gift cards for purchases you were already going to buy. I was also thinking you might be able to get more value from your points by selling airplane tickets you redeem for a higher value, like during peak seasons since there are no black out dates. Currently Citi doesn't charge any additional fees for these tickets. What are your thoughts or strategies that you use?

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imbatman (Jun. 19, 2014 @ 12:42p) |

citibank is good

MaryamR (Jun. 19, 2014 @ 7:31p) |

Up until now I have always redeemed on Amazon, but I know that student loans would get me a better rate. I do have stud... (more)

gh117 (Jul. 03, 2014 @ 8:32a) |

QUICKLY IS THE BEST WAY !


Depend on your relationship with Citi, you may enroll to different ThankYou point program even though they are all managed under ThankYou.com
Meaning you WILL get different reward offer if you have Citi Forward credit card or with ONLY Citi checking compare to other Citi ThankYou card!!!
But, (not working for all cases) if you know someone with a better rewards - you can send TYPs to them and redeem through their account. Doesn't work if the points you get is from banking products.


Some general ideas that have been discussed:
* Don't use the TY points for gas cards. You lose out on the possible 5% you get for buying gas with a PP card or other rewards card
* Same concept for gift certs and store cards, although with Target and Staples cards (and possibly others) you can buy online with FatCash and use Staples Rewards to sweeten the deal
* Some people do TYPoints>StaplesGiftCards>buyFARitems>sellOrUseFARitems to max the points/FatCash/Rewards
* There's some conversation about using TYPoints to buy flight GCs, then using the GCs to buy a ticket that is more expensive than the GC, and using the PP card or other reward card to pay for the diff. In many cases, this results in full mileage credit to the card that paid for the diff. Not sure I totally understand it, but some discussion here
* An option is to request a check against your 'student loan' from TYN. In most cases (apparently), the check comes in a format that can be simply deposited into your bank account or, at worst, used to pay off non-student loans. If you order multiple student loan checks, Citi will often combine them into one check for the total amount.

Tickets may require 14 day advance purchase and/or Saturday overnight stay.

Best way to use:

* redemption spreadsheet here
* travel booking (1pt=$0.01; at the risk of losing cc protections; no longer through Expedia and has no fees)
- with Citi Prestige each point buys an extra 33% in airfare (1pt =$0.0133), 10k points gets you $133 in airfare vs. the standard $100 gift card.
- with Citi Premier each point buys an extra 25% in airfare (1pt =$0.0125), 10k points gets you $125 in airfare vs. the standard $100 gift card.
- in both cases, Connections Loyalty embeds a fee into the ticket price (a couple %) that you might be successful getting refunded
* GC sold at a discount like $100 for 9000 points promotions (currently none available)
* $100 GC for 10000 pts like Home Depot, Staples, Macys, Sears, Gap, etc. See current full list below.
* Note that the Nike.com store sells iPods. Get a $100 GC for 10k TY points plus 10% CashBack via ShopDiscover and you have a decent deal.
* Note that you can use a Land's End card at Sears or Kmart

Archived - Thank You Network: List of GCs worth $100=10k points resale value
WalMart 100GC is $91 cash, $95.55 Amazon credit on PlasticJungle. Anything higher?

The following are items that can be redeemed for $0.01 per point:

This list is not accurate for ALL.  As stated earlier, depend on your relationship with Citi, you may enroll to different ThankYou point program even though they are all managed under ThankYou.com 
Meaning you WILL get different reward offer if you have Citi Forward credit card or with ONLY Citi checking compare to other Citi ThankYou card!!!

Travel Certificates	
Hyatt Check Certificates $100		         	10,000 pts
Marriott TravelCard® $100			         	10,000 pts
Ritz-Carlton Currency $100		         	10,000 pts
Carnival Cruise Life Gift Certificate $100			10,000 pts
Royal Carribean International Gift Certificate $100		10,000 pts

Retail Gift Cards	
babyGap giftcard $100					10,000 pts
Bath & Body Works® Gift Card $100		         	10,000 pts
Big City Chefs Gift Certificate $200			20,000 pts
Bloomingdale's Gift Card $100				10,000 pts
Brooks Brothers Gift Card $100				10,000 pts
Cabela's Gift Card $100					10,000 pts
Dillards Gift Card $100					10,000 pts
Foot Locker Gift Card $100				10,000 pts
Gap GiftCard $100 [Valid at Banana Republic/Old Navy*]  	10,000 pts
GapBody giftcard $100					10,000 pts
GapKids giftcard $100					10,000 pts
Hammacher Schlemmer Gift Certificate $100			10,000 pts
L. L. Bean Gift Certificate $100				10,000 pts
Lands' End® Gift Card $100 (good at Sears, Kmart)		10,000 pts
Macy's Gift Card $100					10,000 pts
Marshalls® Gift Card $100					10,000 pts
Motherhood Maternity Gift Card $100			10,000 pts
Nike Gift Card $100					10,000 pts
Old Navy GiftCard $100	     		  		10,000 pts
  - good at Gap, Banana Republic
Orvis® Gift Card $100					10,000 pts
PBTeen® Gift Card $100					10,000 pts
Pottery Barn Kids® Gift Card $100				10,000 pts
Pottery Barn® Gift Card $100				10,000 pts
Sephora® Gift Card $100					10,000 pts
ServiceMaster® Gift Cards $100				10,000 pts
SonyStyle gift Card $100					10,000 pts
Staples® Gift Card $100					10,000 pts
T.J. Maxx® Gift Card $100					10,000 pts
Timberland® Gift Card $100				10,000 pts
Tourneau Watches Gift Card $500				50,000 pts
west elm® Gift Card $100					10,000 pts
Williams-Sonoma Home® Gift Card $100			10,000 pts
Williams-Sonoma® Gift Card $100				10,000 pts
Wal-Mart Gift Card $100 (not for all)			10,000 pts
	
Restaurant Gift Cards	
Chili's Grill & Bar® Gift Card $100			10,000 pts
  - good at On The Border, Macaroni Grill, Maggiano's
Dean & Deluca Gift Card $100				10,000 pts
Legal Sea Foods Gourmet Gifts $100				10,000 pts
Omaha Steaks® Gift Certificate $100			10,000 pts
Romano's Macaroni Grill® $100				10,000 pts

Entertainment Gift Cards	
Red Door Spas Gift Card $250				25,000 pts
Red Door Spas Gift Card $100				10,000 pts

Music	
Sony Music Store (unencrypted mp3 downloads) 1 song		100 pts



Useful links:
Thank You Network
Earn with the Citi Premier Pass Credit Card
Earn with the Citi Simplicity Card
Earn with the Citi Diamond Rewards Card
Earn with the Citi Professional Card
Earn with the Citi mtvU Card
FlyerTalk thread discussing Citi TY flight redemptions

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probably gas card or HomeDepot since I know I will spend some $ there eventually.

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Home Depot cards. I spend them myself, give/sell to family and friends, or you can get pretty close to face value on eBay (~90%)

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Gas Cards.... You always need gas...

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I have around 52,000 points and I will be redeeming them for 2 free airline tickets to Las Vegas.

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One way or round trip? from where? just to get a feel....

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i always go for the Amazon gift certificates.

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25,000 pts earns you a free roundtrip to anywhere in the continental united states.

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i got like over 100K, but i will go to vegas during a convention and expense it all! including the hookers.

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Tickets have different price brackets depending on what regions of the world. Continental US is 25000 points per round trip ticket. You can go from any major US airport to another major US airport and back, no black out dates. Currently Citi is also covering taxes and fees.

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Without a doubt, combining ThankYou points with the flight points you get when purchasing and flying on a ticket bought with one of their PP cards would be the best use, at least I think so. Say you accumulate 10,000 regular thank you points and then purchase a ticket to Europe. You will get an additional 8,000 or so (depending on destination in Europe) miles that can be used in conjuction with the regular thank you points, for a total of 18,000.

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True, there are no blackout dates, but note that the new description for flight ticket redemption reads 'starting at xxxx points', and sometimes you need more than, say, 25k TY points for a domestic rount trip, or 60k for one to Asia. I suspect it happens when the ticket price they can find is over a certain limit, which is not disclosed. That said, flight ticket redemption works fairly well these days after Citi dumped Global Impact and started to use Expedia as their 'travel department'. They make effort to accommodate your request regarding specific travel times/airlines, etc. I would also encourage you to read others' experiences and report yours here.
I think flight ticket redemption is the only way to reach a cash value greater than 1 cent/pt.

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ekim53 said: i always go for the Amazon gift certificates.

Where are the Amazon gift certs??? I don't see any on the thankyou network.

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They haven't been available since early January.

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I understand this is a thread about TY points redemption, but I'd also say a word or two about the strategy to accumulate TY points. I'm currently doing the following:
1. use Diamond Preferred Reward for gas/supermarket/Drugstore purchase to get 5 pts/$
2. use PP Elite for everything else, especially flight tickets. -- 2pts/$ GIVEN THAT YOU FLY ENOUGH.
3. get points from citi banking products, currently 800 pts/month.
4. when shopping online, go through the TY merchants website. that's a bonus of several pts/$, and it gets doubled when matched to flight pts in PP.
Hope this helps.

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IMO the best way is to redeem for student loan rebate - they'll send you a check payable to you and your loan company. You mail the check to the loan company.

Next best way is to redeem for non dealpas gift card (dealpass giftcards can be bought for 20% off face value).
Gas gift cards are ok, but keep in mind that you lose 5% which you would earn by buying the gas with CC.

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Amazon certs are typically amoung the best options to cash out your points. because with Amazon gift certs you can apply promo codes and take advantage of free shipping

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As foto said, stay away from the Gas cards because then you're just losing that 5% back. Insted use it on something you wouldn't get Cash Back on or only get 1% back. I usually just get the GCs I know I'm going to use, although the student loan idea isn't too bad. I always figured it was mainly for people with Citi financed student loans. Foto, so they send you a check and you just sign it and forward it to your loan provider?

rated:
Maybe a question for another topic, but when I check to redeem my continental miles, all I get it 25000 points 1 way....I am new to the onepass, can someone explain? Also just got 20,000 TY points by signing up for 1 PP & 1 PP Elite ( combined limits, converted to simplicity, saved the $75 on Elite). Can I swap the TY points for OnePass miles? On an average, how many miles required for a round trip ticket to Europe?


Edited to answer my own question-

Just called TY network to find out points required. Was told starting with 25,000 if I included a saturday night stay and 14 days advance purchase, else 50,000. I think Continental is a better deal in this case coz they hd same conditions but only 10,000 one way so 20,000 total for a round trip.

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target gc

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OFFBEAT said: Amazon certs are typically amoung the best options to cash out your points. because with Amazon gift certs you can apply promo codes and take advantage of free shipping
They used to be, but they're not available anymore.

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Use the points to get giftcards for retailers that often have resellable Hot Deals.

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SweetCash said: OFFBEAT said: Amazon certs are typically amoung the best options to cash out your points. because with Amazon gift certs you can apply promo codes and take advantage of free shipping
They used to be, but they're not available anymore.


They were gone for a while, but they're back. I just requested 2 $50 GC's yesterday. Strangely they won't come up in a search, you have page through all the gift cards to find them... but find them you will. Only $25 and $50 GC's available.

$50 Amazon.com Gift Certificate (5,000 points)
Item # : 1111059

$25 Amazon.com Gift Certificate (3,000 points)
Item # : 1111058

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ekim53 said: SweetCash said: OFFBEAT said: Amazon certs are typically amoung the best options to cash out your points. because with Amazon gift certs you can apply promo codes and take advantage of free shipping
They used to be, but they're not available anymore.


They were gone for a while, but they're back. I just requested 2 $50 GC's yesterday. Strangely they won't come up in a search, you have page through all the gift cards to find them... but find them you will. Only $25 and $50 GC's available.

$50 Amazon.com Gift Certificate (5,000 points)
Item # : 1111059

$25 Amazon.com Gift Certificate (3,000 points)
Item # : 1111058


Thanks a lot!

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I always choose Staples GCs.

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ekim53 said: They were gone for a while, but they're back. I just requested 2 $50 GC's yesterday. Strangely they won't come up in a search, you have page through all the gift cards to find them... but find them you will. Only $25 and $50 GC's available.

$50 Amazon.com Gift Certificate (5,000 points)
Item # : 1111059

$25 Amazon.com Gift Certificate (3,000 points)
Item # : 1111058

Interesting, thanks. They are quite hidden...

rated:
tonylu said: ekim53 said: SweetCash said: OFFBEAT said: Amazon certs are typically amoung the best options to cash out your points. because with Amazon gift certs you can apply promo codes and take advantage of free shipping
They used to be, but they're not available anymore.


They were gone for a while, but they're back. I just requested 2 $50 GC's yesterday. Strangely they won't come up in a search, you have page through all the gift cards to find them... but find them you will. Only $25 and $50 GC's available.

$50 Amazon.com Gift Certificate (5,000 points)
Item # : 1111059

$25 Amazon.com Gift Certificate (3,000 points)
Item # : 1111058


Thanks a lot!


Awesome!! They are very well hidden! The only way I could get them to show up was to go to all rewards, then choose "Within my points range" and they showed up there.

Thanks a ton! This is way better than BB/CC cards I have been using becuase their prices are so high.

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We usually get Target gift cards, we always need household stuff and Target prices are reasonable !

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Freakazoid said: As foto said, stay away from the Gas cards because then you're just losing that 5% back. Insted use it on something you wouldn't get Cash Back on or only get 1% back.

If you try to sell the other cards, you'd be hard-pressed to get over $0.95 per dollar. Gas is a necessity. Buying crap on Amazon or whatever is not. The Target gift card isn't bad. They have groceries and other necessities and you don't get 5% back there. But you're passing on gas cards because of the 5% discount, then buying junk on Amazon?

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CoffeeEater said: Freakazoid said: As foto said, stay away from the Gas cards because then you're just losing that 5% back. Insted use it on something you wouldn't get Cash Back on or only get 1% back.

If you try to sell the other cards, you'd be hard-pressed to get over $0.95 per dollar. Gas is a necessity. Buying crap on Amazon or whatever is not. The Target gift card isn't bad. They have groceries and other necessities and you don't get 5% back there. But you're passing on gas cards because of the 5% discount, then buying junk on Amazon?

What you consider "crap" and "junk" on Amazon might be worth more than gas to other people. Don't forget that Amazon is the number one retailer for books, it has a gigantic customer base and sells virtually everything you might want to buy.

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I was going to get a 4gb nano ipod. /shrug.

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Jesus it sure was hard to find the Amazon.com certificates, but I finally did, after browsing though every category, they were NO where to be found. I used "within my point range" option and there they were!

FWIW Amazon GC have some of the HIGHEST resale values of any other GC online, search past auctins and you will see. BECAREFUL - they are high fraud items!

I really wish I would have been able to find the Amazon sooner. I have $700 in Exxon GC's sitting around from Thankyou and I would much rather have the Amazon to sell.

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Currently have 22k points. Thinking about getting an iPod.

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I like to use "Your Wish Fulfilled" and request a "date escourt".

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Well I just used 60k points to book a round trip flight to Taiwan for my uncle. I searched and cheapest prices during the peak season he wanted to fly was 940. So it seems like a really good deal. I had no idea that Thank You Network was so good for travel.

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CoffeeEater said: SweetCash said: CoffeeEater said: Freakazoid said: As foto said, stay away from the Gas cards because then you're just losing that 5% back. Insted use it on something you wouldn't get Cash Back on or only get 1% back.

If you try to sell the other cards, you'd be hard-pressed to get over $0.95 per dollar. Gas is a necessity. Buying crap on Amazon or whatever is not. The Target gift card isn't bad. They have groceries and other necessities and you don't get 5% back there. But you're passing on gas cards because of the 5% discount, then buying junk on Amazon?

What you consider "crap" and "junk" on Amazon might be worth more than gas to other people. Don't forget that Amazon is the number one retailer for books, it has a gigantic customer base and sells virtually everything you might want to buy.


Books aren't necessities. I'm talking 'bout gas & groceries, broseph. I know you like to cuddle up with the Hardy Boys under your covers, but we live in the real world, pal! I need to gas up my Corolla to get to my two jobs to put food on the table for my wife and kids. I need gas and groceries...not Hardy Boy novels!


oooohhhh KKK. Am I sensing a little bitterness? Some people actually use their income to BUY things. Being that this is the FINANCE forum, if you're planning on buying two different things, it makes more sense to use your Cash Back money to buy the one you get the LEAST amount back for when you buy. But hey, why would anyone want to buy books that you might actually learn something from?

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v999 said: Currently have 22k points. Thinking about getting an iPod.

by the way, don't buy the iPod through TY, instead you would be better off getting the $220 in Amazon GCs and then buy the iPod through Amazon. Plus through in some CDs/DVDs for "free". I have yet to find anything cheaper through the Products section on the TY Network than just buying the GCs and getting it with them.

rated:
aegean94305 said: I understand this is a thread about TY points redemption, but I'd also say a word or two about the strategy to accumulate TY points. I'm currently doing the following:
1. use Diamond Preferred Reward for gas/supermarket/Drugstore purchase to get 5 pts/$
2. use PP Elite for everything else, especially flight tickets. -- 2pts/$ GIVEN THAT YOU FLY ENOUGH.
3. get points from citi banking products, currently 800 pts/month.
4. when shopping online, go through the TY merchants website. that's a bonus of several pts/$, and it gets doubled when matched to flight pts in PP.
Hope this helps.


Just wanted to mention that American Airlines gift cards can now be purchased at Safeway, so if you're flying American, that's going to be a better point/$ ratio (5 pts/$) than the PP Elite card.

Skipping 2490 Messages...
rated:
Up until now I have always redeemed on Amazon, but I know that student loans would get me a better rate. I do have student loans.

I make all my payments online and don't get actual bills - dumb question but I've never paid a bill for anything in the mail, how does that work? Do I have to pay my own postage? Do I literally just send it to Sallie Mae without attaching any info? I could understand if I had a bill with an address and amount due and stuff but really there's 0 due and I don't get monthly bills.

I know I could just say my loan's with Ally and deposit it to myself but that seems disingenuous and I'd prefer to just send it to Sallie Mae.

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