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NerdWallet > Rewards Credit Cards > Citi ThankYou® Preferred Card - 25,000 points - $250 in gift cards
Review / Compare / Reward Calculations / Interest Calculations / Rankings / Comments
Citi ThankYou® Preferred Card - 25,000 points - $250 in gift cards
Citibank ThankYou+Preferred Credit Card

(3.5/5 - 167 Votes)
Net Annual Rewards
$341
of Citi ThankYou Points
Reward Rate
1.00%
Annual Fee
$0
Signing Promo
25,000 Citi ThankYou Points Bonus after spending $2,000 - within 4 months of account opening
APR, variable*
Min APR:
12.99%
Max APR:
22.99%
Default:
29.99%
Cash Adv:
25.24%
Intro APR Promotions
Purchase:
None
Transfer:
None
Summary
  • $250 gift card - When you redeem the 25,000 bonus ThankYou® Points received after $2000 in purchases within 4 months of account opening.
  • Earn 1 point for every $1 you spend on all purchases
  • Receive an anniversary bonus every year you’re a cardmember
  • No expiration and no limit on the points you can earn
  • Redeem ThankYou Points for merchandise, travel rewards, gift cards, cash and more
  • No annual fee*

Compare To Our Most Popular Cards For The Category

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Compare To Blue Cash Preferred℠ Card from American Express

Why do we think you should consider this card?

Earn $150 cash back after spending $1,000 in eligible purchases in the first 3 months of Cardmembership

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Reward Details & Calculator

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Rewards Type: Citi ThankYou Points

Signing Promotion
($250=25,000 points)/2 yrs
$125
Estimated Annual Rewards
$21,600 * 1.00%
$216
Annual Fee, 2 yr avg
$0
Annual Rewards (Rewards less Fees)
$341

Details

  • 1 point per $1 spent on purchases

Calculate Interest & Finance Charges

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Use the sliders to the left to calculate balance transfer interest and APR interest for this particular card.

Finance Charge, Balance Transfer of $10,000*

Balance Transfer Fee, 3.0%
$300
APR, 24 months
$3,037
Total
$3,337

*Average APR for Balance Transfers of 14.5% includes transfer fees and APR promotions.

Effective Annual Rate, Purchases

Promo EAR, 0 months
0.00%
Ongoing EAR, 24 months
13.79%
Total EAR, 24 months
13.79%

APR Rankings

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Balance Transfer Fee
3%
ranks #905 out of 1639 cards.
Average is 1.67%.
Cash Advance APR
25.24%
ranks #888 out of 1002 cards.
Average is 18.74%.

Rewards Rankings

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Annual Fee
$0
ranks #1 out of 1773 cards.
Average is $9.
Base Reward Rate
1%
ranks #69 out of 963 cards.
Average is 0.99%.
Effective Reward Rate
1%
ranks #187 out of 958 cards.
Average is 1.04%.
Sign-up Bonus
$250
ranks #19 out of 1762 cards.
Average is $33.
Credit Card Review: Citi ThankYou® Preferred Card - 25,000 points - $250 in gift cards


Author:
STEPHEN

Rewards: The ThankYou Preferred has a lackluster rewards program, giving just 1 ThankYou Point per $1 spent. You can get double that rate with the Capital One Venture, or you can find many a card that gives 2, 3 or even 5x rewards on bonus categories. On the plus side, the card has no annual fee, and every so often rolls out substantial signup bonuses. Also, this card’s cousin, the ThankYou Premier is worth consideration for its travel rewards.

APR: The card offers 0% on both purchases and balance transfers for up to 12 months if you qualify.  And the balance transfer fee is a standard 3% (better than the 4-5% that many cards charge).  But if you’re looking specifically for a balance transfer card, you may be better off with a 0% balance transfer APR for 24 months with the Citibank Platinum Select.

  • Colin

    The information for this card shows a 25,000 point bonus in the summary, but a 10,000 point bonus in the review. There also seems to be another deal running currently that gives 5 points per $1 for some purchases, making it a decent card for using for a year and then tossing in a drawer, especially for someone like me who spends a lot of money at grocery stores and drugstores. Here is the offer I found:

    Get 10,000 bonus ThankYou Points after you make $500 in purchases within the first 3 months—good for a $100 gift card!
    Earn 1 ThankYou Point for every $1 you spend on all purchases.
    Earn 5 points per $1 spent at supermarkets, drugstores and gas stations for the first 12 months; 1 point per $1 spent thereafter.
    No points cap or expiration.
    No annual fee*
    Receive an Anniversary Bonus every year you’re a cardmember.
    Earn bonus points for enrolling in Account Online and for signing up for Paperless Statements.
    Get extra points when shopping through the ThankYou® Bonus Center, a network of 600+ retailers you know and love.

    • http://www.nerdwallet.com/ NerdWallet

      Thanks for the heads-up! It’s been a while since we’ve updated our review.

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