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Opinions, analyses, reviews, or recommendations expressed here are the author’s alone, and have not been reviewed or endorsed by the issuer. We may be compensated through the issuer’s Affiliate Program. For a full list of our advertisers, including American Express, see our disclosure page.

Advertiser Disclosure

Advertiser Disclosure: Some of the card offers that appear on this website are from companies which ValuePenguin receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). The site does not review or include all companies or all available products.

Disclaimer: The editorial content on this page is not provided by any of the companies mentioned, and has not been reviewed, approved or otherwise endorsed by any of these entities. Opinions expressed here are author's alone. For a full list of our advertisers, see our disclosure page.

Opinions, analyses, reviews, or recommendations expressed here are the author’s alone, and have not been reviewed or endorsed by the issuer. We may be compensated through the issuer’s Affiliate Program. For a full list of our advertisers, including American Express, see our disclosure page.

Citi ThankYou® Points: What Are They Worth?

ThankYou® Points are the rewards program Citi affiliated credit cards and services use to reward their customers. As a separate rewards system there can often be a lot of confusion as to how credit cards on the ThankYou® system compare to cards provided by other issuers. We take a look at the ways ThankYou® Points can be used to figure out how consumers should value the rewards they've earned with Citi credit cards.

What Are Citi ThankYou® Points Worth?

Citi ThankYou® Points can be redeemed in a number of ways and the dollar value of the points will vary depending on how you choose to use them. To figure out the value of the points we looked at the full range of redemption options for the awards to find out what they can be worth. Because of the high variability in their value, the actual rewards rate for credit cards using ThankYou® Points may not be as lucrative if you're not willing to use them for their best redemption options. 

We estimate the average value of Citi ThankYou® Points at .8 cents per point.

Usage Example Value Per Point
Cash Back $50 Cash Back: 10,000 points .5 cents
Gift Cards $25 Best Buy Gift Card: 2,500 points 1 cent
Redeem For Flights* $450 fare: 45,000 points*  1 cent
Shopping $829 Apple iPad Mini: 100,000 points .83 cents
Statement Credit $10 Statement Credit: 2,000 points .5 cents
Select And Credit $150 Credit: 20,000 points  .75 cents
Amazon $80 purchase: 10,000 points  0.8 cents

What Is The Best Way To Use ThankYou® Points?

For most cards the best way to use ThankYou® Points is either by redeeming them for a flight or for gift cards at specific stores. Used in this way, you'll receive 1 cent per point which is the best conversion rate most Citi ThankYou® cardholders can expect. The other uses for points compare pretty poorly, with statement credit and cash back faring the worst giving only half as much value overall.

*For Citi ThankYou® Premier Card and Citi Prestige® Card cardholders the ThankYou® Points are worth a little bit more when redeemed for flights with points worth around 1.25 cents per point. 

The Select And Credit Redemption Option

One unique feature of the Citi ThankYou® programs is the Select and Credit feature. Select and Credit works similar to statement credits except they apply only to specific categories: Dining, Entertainment, Utility Bills, Gas, Groceries, Drug Stores. Using the points this way bumps the statement credit value of points significantly netting you .75 cents per point, 50% more than the standard .5 cents.

Cards That Use ThankYou® Points

The following Citi cards use the ThankYou® Points rewards program

ThankYou® Preferred Credit Card CitiBusiness ThankYou
Citi® ThankYou® Preferred Credit Card for College Students Citi Prestige® Card
Citi ThankYou® Premier Card Citi Forward (discontinued)

Comments and Questions

* See the online credit card application for details about terms and conditions. Reasonable efforts are made to maintain accurate information. However all credit card information is presented without warranty. When you click on the "Apply Now" button, you can review the credit card terms and conditions on the issuer's website.

Disclaimer: This content is not provided or commissioned by the credit card issuer. Opinions expressed here are author's alone, not those of the credit card issuer, and have not been reviewed, approved or otherwise endorsed by the credit card issuer. This site may be compensated through the credit card issuer Affiliate Program. 

These responses are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.

How We Calculate Rewards: ValuePenguin calculates the value of rewards by estimating the dollar value of any points, miles or bonuses earned using the card less any associated annual fees. These estimates here are ValuePenguin's alone, not those of the card issuer, and have not been reviewed, approved or otherwise endorsed by the credit card issuer.