I hope this will help someone else, I ran these numbers to figure out what type of rewards I could receive with my new Citi Driver's Edge card.

These numbers refer to the 6% for the first 12 months, 3% thereafter.
(6% gas/grocery/drug store)
$1675 in purchases = $100 reward cash
10,000 miles drove = $100 reward cash
(You can then redeem this $200 towards car expenses or a new/used car) (12% reward)
OR, convert these into 20,000 ThankYou points. Which can get you 2 $100 gift cards. (12% reward)
OR, use 18,500 points to get $100 + $25 statement credits. (7.46% reward) (1,500 points left over)

If you're purchasing anywhere else (1%) you'll get:
$15,000 in purchases = $150 reward cash
15,000 miles drove = $150 reward cash
(You can then redeem this $300 towards car expenses or a new/used car) (2% reward)
OR, convert these into 30,000 ThankYou points. Which can get you 3 $100 gift cards. (2% reward)
OR, use 30,000 points to get $175 statement credit. (1.17% reward)

Here's an example for standard rewards:

Spend $3333.33 on everyday purchases = $100 in options rebates (3%)
Spend $5000.00 on all other purchases = $50 in options rebates (1%)
Drive 15,000 miles = $150 in drive rebates ($0.01 per mile)

You now have $300 to redeem, which is equivalent to 6% on everyday purchases and 2% on all other purchases.

($1 reward converts to 100 ThankYou network points) Convert by calling 1-800-308-4158.

Purchase/Bonus Rebates and Drive Rebates must be redeemed 1:1 for the best results.
Examples: If you have made $5000 in purchases ($50 rewards) you must have 5,000 miles to double your reward. If you have many more miles than purchase rewards (as most of us do) they deduct only as many "miles" as purchase/bonus rewards you are redeeming.

Forms to: Redeem rebates for the purchase or lease of a vehicle, Redeem rebates for service on your vehicle, Miles Submission Form and Drive Rebates Enrollment Forms can be found HERE.

From member "citifan": Fax number for submitting mileage updates is: 702-797-5151 (instead of postal mailing) (phone number updated Feb. 2008).

If anyone else has some more examples I'll edit this and add them in.

Interesting, did not know you could convert CashBack dollars into TY points. Its real easy to get rid of those gift cards on eBay for nearly their value (especially Amazon) so the TY point 12% and 2% route sounds nice

Too bad I don't drive more than 3k miles a year otherwise I'd be on top of this.

I'm not familiar with the Dividend Dollars, but the conversion is in the terms of the Driver's Edge card. Look at the "Earn Rebates" bullet point "Convert your rebates to ThankYou Points and redeem them for gift cards, merchandise and services through ThankYou Network"

The limits on drive rewards are $500, so that is up to 50,000 miles driven a year.

After that they just don't count them. And, of course you have to redeem rebates 1:1 to get double. You can't use more drive rebates than purchase rebates.

Also, the drive miles cannot be converted to the ThankYou network. If you look at the terms and conditions it explicitly states that Driver’s Edge Options Rebates (“Rebates”) can be converted to the ThankYou Network. When you get to the Drive rebates section it says "you are eligible to earn rebates for the miles you drive ("Drive Rebates"). These Drive Rebates are in addition to the standard or promotional Driver's Edge Options rebates ("Options Rebates")." See Drive rebates are separate from Options Rebates and thus only the drive rebates can be redeemed. This is what customer service as well as existing customers with the card have informed me. Thus the drive rebates become worthless if you are transferring your options rebates to the ThankYou Network.

Seems like good credit card... 6% can't be beat. I have a question. Below is quote from the credit card website. Does that mean Wal-Mart,winn-dixie, etc is out of question for 6% rebate?

"Purchases not eligible to receive the 3% rebates (6% rebates for 12 months)include, but are not limited to,purchases made at warehouse clubs, discount stores, department stores and convenience stores."

airattack said:Seems like good credit card... 6% can't be beat. I have a question. Below is quote from the credit card website. Does that mean Wal-Mart,winn-dixie, etc is out of question for 6% rebate?

"Purchases not eligible to receive the 3% rebates (6% rebates for 12 months)include, but are not limited to,purchases made at warehouse clubs, discount stores, department stores and convenience stores."

That is because only supermarkets, drugstores and gas stations earn 3% (6%). And, some wal marts, sam's clubs etc. sell those things (gas, drugs, etc.) and those aren't counted at that rate. Only at the 1% rate.

Argh...it's painful that I'll be using the balance transfer to make money here instead of those sorts of rewards. I want my cake and to eat it too!

3% capped at $75. stinky linky

BT fee is capped at $75. I was responding to the post above mine. I guess I should have quoted it. I think the $1000 is split 500/500 but I could be wrong.