Question: Does this card still consider ANY order from Amazon to be from a bookstore (thus, getting 5 points/dollar)? I know that a year ago it did, but I wondering if they fixed that loophole (or if they consider it a loophole in the first place).
130
LOL so sad… I literally found out about this card and how it got 5 points/dollar for Amazon, maybe 3-4 weeks after I got the Amazon card.
http://www.nerdwallet.com Tim
Matt, that's amazing. I'm going to have to start using this card for all my Amazon purchases.
Matt
An update . . . Amazon.com purchases are still eligible for 5 ThankYou Points per dollar spent. However, I've discovered that ONLINE purchases made through Barnes and Noble are NOT (!!!). I've learned this through personal experience, but I've also found "confirmation" in another online forum. Interestingly, according to that forum, purchases made at a physical Barnes and Noble bookstore ARE eligible for 5 ThankYou Points per dollar spent, but I've not confirmed this myself. By the way, it's been my personal experience that online purchases made through Borders.com ARE eligible for 5 ThankYou Points per dollar spent (even if it's a CD or DVD that's purchased).
http://twitter.com/lar_middleton Larry Middleton
I ditched my Amazon card when I found out that this gets you 5% back on Amazon as well as restaurants and book stores. My only complaint is that you have to save up 10,000 points to get a good deal. I just got my first $100 Walmart gift card for 10,000 points. Life can never offer enough toilet paper…
RyRy
Their card provides great points for restaurants but you get screwed trying to redeem them at the Thankyou store. Amazon giftcards are no longer available. And barely any cards are 10,000 for a $100 card. Most have a ceiling for 7,000 points for $50 card.
Im thinking about cancelling and doing a 2-3% cashback card. A rewards card can always get you screwed because the “points” can have whatever value the credit card company wants them too. All $10 giftcards can be worth a million points if they want.
http://www.nerdwallet.com/ Tim
Yeah ThankYou points can be a problem, but sometimes the options in the store are only representative of their current inventory. So if you check back often, there may be cards like Amazon available.
Ryan
I am considering applying for this card but two things concern me greatly:
1) I checked the website and sure enough it is difficult to find things to purchase where 1 point = $0.01
2) Do they still honor all of Amazon as a book store, and if so I wonder what prevents them from changing it at anytime
http://www.nerdwallet.com/ Tim
Hi Ryan, your concerns are perfectly valid.
Amazon could stop earning bookstore rewards at any time, but it’s not up to Citibank to decide. Amazon chooses it’s own merchant ID, and as long as they use the “bookstore” ID, you’ll get the rewards.
Larrys
I have the Citi Forward card. A few months ago I exchanged 10K points for a $100 Sunoco gas card; today the exchange rate is 3500 points for a $25 card.
Any idea how often this occurs where Citi will modify the exchange rates?
http://www.nerdwallet.com/ Tim
Hi Larry, it depends on their supply. If they don’t have any $100 cards
available, then your best bet might be a $25 card. But it changes all the
time, so check back later for the $100 card again.
Joel
The cash rate is 16000 points for $100 dollars. Definitely not 5%. And they have almost no gift cards. The city forward isn’t looking to hot now. Unless they 1 cent per point for travel somehow?
http://www.nerdwallet.com/ Tim
Hey Joel, only certain gift cards get the full 1c redemption value, most of them do not. And you only ever get the full 1 cent when redeeming 10,000 points or more. Plus it’s subject to availability, and they seem to run out of the most valuable $100 gift cards pretty easily.
This is our biggest complaint about this card, and it’s the reason we don’t give ThankYou points the full 1 cent value in our card finder rankings.
For more info about maximizing ThankYou point redemptions, check out this post:
i own this card and love it. the best bang for buck to get the 5% cashback value is by using it to purchase flights. for example i just bought a ticket from atl to nyc, which cost about $210 roundtrip. i had about 18,000 points saved up, which translates to $180. so i paid $30 for my trip to nyc. you have to purchase through the thank you rewards travel center, but there is an option to put in your frequent flyer number so you get the normal airline in-house rewards credit for the flight even though it’s purchased through the citi rewards travel center.
http://profiles.google.com/jclassracer Christopher Kladis
hello. interested in this card because i do so much shopping on amazon.Can the points be exchanged for amazon gift cards? if so , what is the rate? how many points buys how much amazon credit etc..
i saw somewhere that this card is a better option for amazon users because of the 5 pts/ $1 spent. i just want more specific info on that. thanks!
http://www.nerdwallet.com/ Tim
No, at the moment they don’t offer Amazon gift cards, but you can redeem points for Walmart gift cards and a number of other retailers. Redemption values vary by store, but are typically 1% (2,500 points for $25, 10,000 points for $100, etc)
Ashish Khatri
I’m not sure if they just added Amazon (your post was 1 month ago) but I see that you can buy Amazon e-codes for the full 1c redemption value.