Citi ThankYou Preferred Card – $150 in Gift Cards Review

Earlier this year, we reviewed the Citi ThankYou Premier Card. The major drawback of that card was its high annual fee of $125 (plus, it’s no longer available). So this time, let’s take a look at the Citi ThankYou® Preferred Rewards Card. I promise the annual fee will be much more to your liking.

The Citi ThankYou® Preferred Rewards Card offers all new cardholders a 15,000 point bonus after making $1,000 in purchases during the first three months.  Those 15,000 points can be redeemed for a $150 gift card, or a variety of other merchandise through the ThankYou Network.  The Citi ThankYou® Preferred Rewards Card does not include a 0% intro offer, so the purchase APR is 12.99%-22.99%* (Variable) (based on the applicants credit history).

The rewards program for the Citi ThankYou® Preferred Rewards Card is a solid one.  Cardholders will earn 5 points for every dollar spent during the first 12 months on gasoline, supermarket and drugstore purchases and 1 point for every dollar spent thereafter.  200 bonus points are earned after you sign up an online account and again for paperless statements and each year, you’ll receive a bonus depending on how many years you’ve been a cardholder.  For example, if you’ve earned 10,000 points year one, you’ll receive a 1% bonus, which is 100 points.  The breakdown of anniversary rewards is as follows:

• First Year – 1% bonus
• Second Year – 2% bonus
• Third Year + – 3% bonus

Last but certainly not least, the Citi ThankYou® Preferred Rewards Card does not carry an annual fee.  This means that all of your freebies are truly that and you won’t lose rewards to a costly fee each and every year.  If you find yourself in need of a new credit card and have yet to own a Citi card, the Citi ThankYou® Preferred Rewards Card is perfect for everyday spending.  Visit any link within this post to submit your application.

Citi ThankYou® Preferred Rewards Card

Earn 15,000 bonus ThankYou Points after $1000 in card purchases within 3 months of account opening – enough for $150 in gift cards or other great rewards! 0% intro APR on Balance Transfers and Purchases for 12 months. After that, the variable APR will be 12.99%-22.99% based upon your creditworthiness* Earn 1 ThankYou Point for every $1 you spend on all purchases No expiration and no limit on the points you can earn Redeem ThankYou Points for merchandise, travel rewards, gift cards, cash and more Earn extra points when you shop through the ThankYou® Bonus Center, a network of 600+ retailers you know and love Travel with ease and enjoy global acceptance with Chip Technology No annual fee*

Citi offers several versions of this card, and you can check out our review of the entire lineup here–Citi ThankYou® Card