How Much Does Thankyou Point Value In Travel?

by | Last updated on January 24, 2024

, , , ,

ThankYou points can be used to book travel purchases made through the ThankYou travel portal at a rate of

1 cent per point

. This means 10,000 points would be worth $100 towards travel. That’s the redemption rate that you’ll get for any type of travel purchase: Flights.

How much is 2500 Thank You points worth?

There is a $25 (2,500 ThankYou points) minimum redemption. If you use points as a payment toward a mortgage, student loan or charitable donation you’ll get a value of

one cent per point

. And if you have the Citi Prestige card, you can also redeem points for cash back at one cent per point.

How much is 60000 ThankYou points worth?

When you have the Citi Premier or the Citi Prestige, you can redeem your points directly for flights through the ThankYou travel center at a rate of 1.25 cents per point. Your 60,000 points are thus worth

$750

toward airfare booked in this fashion.

How much are 80000 Thank You points worth?

To earn the 80,000 ThankYou points, you’ll have to spend $4,000 on purchases within the first three months of account opening. According to TPG valuations that peg a ThankYou point at 1.7 cents, the entire bonus is worth

$1,360

.

How much is 20000 Citi points worth?

Citi Custom CashSM Card

The bonus offer will be fulfilled as 20,000 ThankYou

®

Points, which can be redeemed for

$200 cash back

.

Are ThankYou points worth more than cash?


On average, Citi ThankYou points are worth about 0.8 cents each

, but it’s not hard to get 1 cent per point by redeeming them for gift cards or flights. The easiest redemption options, cash back and statement credits, will only get you 0.5 cents per point, which drags down the average value of Citi ThankYou points.

What are ThankYou points worth on Amazon?

A ThankYou point is only worth

0.8 of a cent

when redeemed on Amazon.

How do I convert Citi points to cash?

After you make an eligible purchase, log into Citi.com or the Citi Mobile® App, go to Rewards & Benefits, and click Pay With Points. Select an eligible purchase, accept the Terms and Conditions, and click Redeem. Your points will be redeemed for a statement credit within 2-3 business days.

Can I buy ThankYou points?

Can I purchase points? Yes. If you need additional points to make a redemption,

you may purchase ThankYou® Points in increments of 1,000 points for $25 charged to any eligible credit or debit card

, regardless of whether it is a Citi card or not.

Do Thank You points expire?

Unless otherwise noted in your promotional materials,

points that are contributed by ThankYou Rewards will expire three years from the end of the year in which they are awarded to you

.

What can you get with 80000 Citi points?

  • Air travel.
  • Hotels.
  • Gas stations.
  • Supermarkets.
  • Restaurants.

How much are Citi ThankYou points worth at Best Buy?


0.8¢ per point

is the same cash rate you get for Citi ThankYou points, so you’d be better off redeeming for cash and than using a credit card and portal at BestBuy.com instead.

Is Citi Premier Card World Elite Mastercard?

Damage and theft protection: Repairs or replaces an item that’s damaged or stolen within 90 days of purchase (up to $10,000 per item and $50,000 per year). World Elite Mastercard benefits:

As a World Elite Mastercard

, the Citi Premier confers several travel-related perks that consumers might not know about.

Can you transfer Citi Miles to another person?

You can share up to 100K Citi ThankYou points with any other ThankYou member, even if you’re not related, though they do expire after 90 days. However,

you can’t transfer Citi ThankYou points to anyone else’s frequent flyer account

.

Can I transfer Citi ThankYou points to American Airlines?


If you have the Citi Prestige® Card or Citi Premier® Card, you can transfer your points to American Airlines at a 1:1 ratio

. For every 1,000 ThankYou points transferred, you will receive 1,000 AAdvantage miles.

How do you redeem Citi points for flights?

  1. The redemption option is available on both domestic and international flight bookings.
  2. These bookings must be made online on www.yatra.com. …
  3. Select the flight of your choice and proceed to payment. …
  4. Your credit card must have a minimum of 250 points to be eligible for redemption.

How much are Citi miles worth?

How much is a Citi Mile worth? Anything from 0.6 cents (if you use them as a cash rebate against your statement balance, or ‘Pay with Miles’ to offset individual transactions) to 1.9 cents (if you convert them to airline miles, like KrisFlyer miles).

Does Citi double cash earn ThankYou points?

If you have one of these, the Citi Double Cash effectively earns

2X ThankYou Points per dollar on every purchase

. That makes it one of the highest-earning personal rewards cards for non-bonus purchases. It also unlocks the ability to turn your cash back earnings into points that you can transfer to travel partners.

How do I use my Citi ThankYou points at Best Buy?

  1. Enter your eligible Citi® credit card that participates in ThankYou Rewards during checkout to see your available points balance.
  2. Choose how many ThankYou Points you would like to use and complete checkout with your eligible Citi credit card.

How much is 1000 points worth at Sears?

You can earn 10 points for every dollar spent on qualifying purchases — whether you pay with your credit card, debit card or cash. Members earn even more points when they use a Sears Credit Card. Every 1,000 points earned equals

$1

to redeem on qualifying purchases in-store or online.

How do I turn my Amazon points into cash?

Every 100 points = $1.00 when redeemed at Amazon.com toward eligible purchases. You can use your points for eligible purchases at Amazon.com or

redeem your points through Chase

for cash back, gift cards, and travel. Minimum redemption amounts apply to gift cards and cash back.

What is pay with points in Citibank?

Universal Pay with Points is

an instant reward redemption option that allows customer to redeem Reward Points against their credit card transactions

. These transactions can be done at select merchants or designated merchant categories e.g. Travel, Retail and utilities.

Ahmed Ali
Author
Ahmed Ali
Ahmed Ali is a financial analyst with over 15 years of experience in the finance industry. He has worked for major banks and investment firms, and has a wealth of knowledge on investing, real estate, and tax planning. Ahmed is also an advocate for financial literacy and education.