Review of the Citi Premier℠ Card 60,000 Point Offer

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Taking the top spot in our review of the best rewards cards for gas & fuel, the Citi Premier Card offers some of the top earning rates of any rewards card with an annual fee under $100. Cardholders earn 3X points on travel and at gas stations, 2X points on dining and entertainment, and 1 point per dollar spent everywhere else.

Citi Premier℠ Card
Citi Premier Card
Annual Fee$95
Welcome Offer Earn 60,000 bonus ThankYou® Points after you spend $4,000 in purchases within the first 3 months of account opening.
The Citi Premier card offers some of the top earning rates of any rewards card with an annual fee under $100. This card is best-in-class for rewards on travel spending, and it tops our list of the best cards for gas & fuel purchases with a generous 3X ThankYou® Points.
  • 60,000 point signup bonus worth $750 towards airfare through the ThankYou Travel Center, or potentially much more when transferred to airline partners
  • 3X points per $1 on travel, including gas stations, plus 2X points at restaurants and on entertainment
  • No foreign transaction fees
  • $95 annual fee
  • 3X points per $1 spent on on travel including gas stations, as well as airfare, hotels, car rental agencies, public transportation, tolls, and parking
  • 2X points per $1 spent on dining at restaurants, including many cafes, bars and lounges
  • 2X points per $1 spent on entertainment, including sporting events, movie theaters, concerts and more
  • 1X points per $1 spent on all other purchases

In addition to the stellar points-earning potential of the Citi Premier, the signup bonus was recently increased to 60,000 ThankYou Points after you spend $4,000 in purchases within the first 3 months of account opening. That is 10,000 points higher than the typical offer on this card!

Citi Premier Card Signup Bonus

New cardholders can earn 60,000 bonus points after you spend $4,000 in purchases within the first 3 months of account opening.

Redeem ThankYou Points for a Fixed-Value or Transfer to Airline Partners

As a Citi Premier cardholder, ThankYou Points are worth 1.25¢ per point towards travel when redeemed through the ThankYou Travel Center. You can redeem points for airfare, hotels, rental cars, cruises, and more. There are no blackout dates, and airline tickets are treated as revenue fares—meaning you'll earn both elite and redeemable miles. This gives the signup bonus a base value of $750 towards travel when redeemed through the Citi travel portal for a fixed-value.

The most valuable way to redeem your ThankYou Points, however, is transferring them to Citi's airline partners.

Citi Transfer PartnerTransfer RatioTransfer Time (based on our experience)
Aeromexico Club Premier1:1Unknown
Asia Miles1:11 business day
Avianca LifeMiles1:1Instant
EVA Air Infinity MileageLands1:11 business day
Etihad Guest1:16 business days
Flying Blue
1:1Instant
Jet Airways JetPrivilege1:1Instant
JetBlue TrueBlue1:1Instant
Malaysia Airlines Enrich1:12 business days
Qantas Frequent Flyer1:12 business days
Qatar Airways Privilege Club1:12 business days
Singapore Airlines KrisFlyer1:12 business days
Thai Airways Royal Orchid Plus1:15 business days
Turkish Airlines Miles & Smiles1:12 business days
Virgin Atlantic Flying Club1:1Instant
Sears Shop Your Way®1:12Unknown

Citi ThankYou transfer partners don't receive quite the same attention as rival programs Chase Ultimate Rewards or American Express Membership Rewards, but the program has some fantastic partners offering top value for your points.

For example, one of the best ways to book flights on United Airlines (and many Star Alliance airlines) is using Singapore KrisFlyer miles. You can book a round-trip, business-class ticket within the continental U.S. for 40,000 miles and a round trip to Hawaii for only 35,000 miles in economy or 60,000 in business class.

When thinking about booking United flights, many people assume Chase points are better since they transfer directly to United's MileagePlus program, but all three of these tickets cost fewer points if you transfer points to Singapore KrisFlyer than if you booked the same itinerary with United MileagePlus.

Points Earning Potential and Category Bonuses

The Citi Premier features a lucrative set of bonus categories, arguably the best earning structure of any mid-tier rewards card, including the Chase Sapphire Preferred® Card.

Citi Premier bonus categories include:

  • 3X points per $1 on travel purchases including gas stations
  • 2X points per $1 at restaurants and on entertainment
  • 1 point per $1 on all other purchases

Citi Premier Retail and Travel Benefits

Update: Unfortunately, Citi recently announced dramatic changes to retail and travel benefits that take effect on September 22, 2019. This includes the removal of almost all travel and purchase protections and it affects almost all Citi cards.

The Citi Premier will retain extended warranty cover and purchase protection but lose many of its benefits including:

  • Car Rental Insurance
  • Trip Cancellation & Interruption Protection
  • Travel Accident Insurance
  • Trip Delay Protection
  • Baggage Delay Protection
  • Lost Baggage Protection
  • Citi® Price Rewind
  • Return Protection
  • Missed Event Ticket Protection
  • Roadside Assistance Dispatch Service
  • Travel & Emergency Assistance

Application Restrictions

Citi dishes up a somewhat complex set of application restrictions that can have a significant impact on your ability to get ThankYou Rewards earning cards. Rules include:

  • Maximum of one (1) personal card per eight days
  • Maximum two (2) total cards per 65 days
  • Maximum one (1) business card per 95 days
  • You can only receive the signup bonus if you haven't opened or closed a ThankYou Rewards earning card in the previous 24 months.

Bonus ThankYou® Points are not available if you received a new cardmember bonus for Citi Rewards+℠, Citi ThankYou® Preferred, Citi ThankYou®Premier/Citi Premier℠ or Citi Prestige®, or if you have closed any of these accounts, in the past 24 months.

Final Thoughts

The Citi Premier Card is a reward-focused card that will help you earn the maximum number of points possible from your spending. While it's light on big-ticket feature benefits, the high points earning rate still makes it a great standalone travel card with a modest annual fee.

The welcome bonus alone provides enough points for a round-trip business class flight to Hawaii, plus you can take advantage of great category bonuses and earn valuable points which transfer to a variety of airline partners.

Review of the Citi Premier℠ Card 60,000 Point Offer
5 (100%) 6 votes
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Comments

  • Never realized how limited the transfer partners are — not good!

    • Now now… there are some good names on the list if you know how to make the most of them. SQ, Avianca, Virgin Atlantic, Flying Blue. Some huge value to be had there.

  • I have the CITI thank you premier card. My only wish is that they would make an American Airlines a transfer partner!

  • Yes, its hitting the news cycle that citi is basically dropping all travel related benefits on all their cards including the premier and prestige. no more trip interruption, trip delay, baggage delay, car rental etc.

    The only reason i was using the prestige over the amex plat was for the trip/travel protections. Now that they are gone, no need for the prestige as the amex plat plus amex gold with 4x on restaurants worldwide is a good alternative.

    citi you just made a terrible mistake.

  • charles j says:

    Citi does seem to be the easiest cards to be approved for, even if you have multiple other Citi cards and multiple credit report inquiries.

  • RoseMarie says:

    I would hold off on Citibank credit cards until we understand the gutting of the added protections that used to be standard with this card.

    • It’s disappointing, to say the least, to watch one hand giving 60,000 bonus points while the other hand is taking away good card features, even if the latter action is delayed a few months.

      Not confidence inspiring for a long term relationship.

      • No, many cards/banks don’t seem to be in search of a relationship, but rather flings 🙁 Are they afraid of commitment? 😉

    • I agree. Holding off on this for now.

  • Steven William Van Meter says:

    I see that it can be used at gas stations. I’m on the road a lot, so sounds good.

  • Citi has great transfer opportunities

  • Do purchases at warehouse gas stations count towards the gas bonus?

  • ron_vaughn@hotmail.com says:

    the 60k bonus offer is sitting on my desk. that’s better than many of the Chase offers these days.

  • Citi just announced a massive devaluation of benefits to cards such as the Citi Presitge, announcing yesterday:

    “Effective September 22, 2019, Worldwide Car Rental Insurance, Trip Cancellation & Interruption Protection, Worldwide Travel Accident Insurance, Trip Delay Protection, Baggage Delay Protection, Lost Baggage Protection, Medical Evacuation, Citi® Price Rewind, 90 Day Return Protection, and Missed Event Ticket Protection will be discontinued and will no longer be provided for purchases made on or after that date”

    I don’t trust Citi enough now to honor benefits if I get a new card with them,

  • Michaelj1 says:

    I love the initial bonus and the easy 1:1 Jetblue transfer ability. Thank you for the posting.

  • As another reader said, it’s hard to put any faith in Citi right now based on the slashing of all sorts of benefits to their cards. In the bigger picture, hopefully that doesn’t become an industry wide thing though.

  • Is this one of the cards that is losing the benefits?

  • James makes a valid point. It appears they’ve made massive changes to the agreements they’ve made to their customers.

  • I was definitely interested in this card before Citi’s huge devaluation. Now, I’m not so sure.

  • Citi’s elimination of nearly every travel related benefit should give anyone pause before applying for any further Citi cards.

  • Stacy Y Liu says:

    Just read the above comment about the devaluation of benefits for this card… that’s super unfortunate. And the transfer airlines wasn’t too appealing either. But great info if it works for you/your lifestyle.

  • funny timing on this… as of this September Citi is neutering nearly all their card benefits

  • I was seriously considering this card until Citi gutted all the benefits. I’m going to hold off for now. Their devaluations are a game- changer.

  • Given Citi has just dropped may complimentary insurances. I wonder does it will make sense to stick with them ?

  • Good sign up bonus except for the rules on who can get it.
    Counting all TY cards in the same category is a stupid mistake on Citi part.

  • I love this card. Access to event tickets has really paid off for me. Sorry to hear Citi is dropping their insurance coverages as I may have to start using a different card for travel.

  • Have not even bothered due to the limited transfer partners

  • This is a good bonus offer, and a good card for on-going spend; likely not one for the sock drawer. However, Citi’s recent planned cuts to purchase and travel protections do perhaps make other options more appealing/

  • Recent Citi stripping of other benefits from cards really makes it hard to keep these cards other than for the signup bonus.

  • Last year I used the 70k offer.

  • Thanks for the review. Sad that some of the protections may be going away…

  • I have the prestige card 🙁 i wish citi would let us get this card too

  • Love the new layout!

    Citi has never been my favorite banking institution. I haven’t really had the Thank You card on my radar. They do have some partners, I agree, just not the ones that I would utilize. Well, several are already on my Chase and Amex cards. I’ll see how the dusts settles on this dropping benefits. I wonder if maybe they’ll replace them with others?

  • Ouch, pay a fee for the card and don’t have those insurance benefits, not worth it.

  • This card used to be good but know that they are cutting the benefits across the board I would just use it for the sign up bonus and either PC after a year or just cancel

  • Interesting review, not a card I will look at the moment. Too bad many seem to be on the devaluing trend.

  • Can you manage your Thank You point earning cards from the same Citibank log in as American Airline cards?

  • citi is changing up all their cards.

  • Devaluation is a game changer for me. I think I’ll wait some.

  • Will hold off doing anything with Citi cards until I process all the fallout from the withdrawal of the travel benefits.

  • Thank you for the information about this card. I hope I am correct to conclude that Citi Priemier points can be transferred to Turkish Air at 1:1, and then use 15,000 Turkish miles for a round-trip flight to Hawaii on United. That seems too good to be true, so I hope it is correct. I’m wondering if such an itinerary to Hawaii would be limited to certain west coast airports, or would include my home airport in the Midwest?

  • The one concern causing me to hesitate is the chance that I might not be able to charge $4000 on the card in the first three months. That can happen at times, but not most times. Are there ideas for boosting the charges without being too wasteful?

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