Citi Premier and Prestige Cardholders to Lose 1¢ Cash Out Redemption Option — But There’s a Workaround Citi Premier and Prestige Cardholders to Lose 1¢ Cash Out Redemption Option — But There’s a Workaround

Citi Premier and Prestige Cardholders to Lose 1¢ Cash Out Redemption Option — But There’s a Workaround

Citi is decreasing the redemption rate for redeeming ThankYou Points for cash back beginning August 24, 2025 for Strata Premier and Prestige cardholders. However, there's a workaround to maintain the one cent per point redemption rate. Plus, transferring to partners is still the best use of your points.
Bonus Points

Select Chase Cards Now Offer NEXUS Membership Fee Reimbursement

If your Chase credit card comes with a Global Entry/TSA PreCheck reimbursement benefit, you may have a new use. Chase recently, but quietly, added a new option to several of its cards: an application fee credit for the Trusted Traveler Program called NEXUS. But what is this program, and how do you use this benefit? You might be surprised to learn that NEXUS is a better option than Global Entry or TSA PreCheck.

Citi Prestige’s $250 Travel Credit Isn’t Limited to Travel in 2022

In 2020, Citi debuted the ability for cardmembers of the Citi Prestige® Card to redeem their annual $250 travel credit for supermarket and restaurant purchases. This made it much easier for cardholders of Citi's premium travel rewards card to receive value when they can't—well—travel. With things still not back to normal in 2022, the card issuer has extended this flexibility through 2022.