Citi ThankYou Preferred Card: 5 Points Per Dollar for 6 Months
With an intro promo that brings back memories of the now expired 5% AARP deal, Citi’s ThankYou Preferred card is now offering 5 ThankYou points per dollar spent during your first 6 months of cardmembership with no limit on the number of points you can earn. Since ThankYou points can be redeemed for gift cards at an exchange rate of 1 point per 1 cent on a gift card, this equates to at least a 5% rebate towards gift cards for your first 6 months. (On occasion, Citi will put specific gift cards ‘on sale,’ making your potential return even better.)
To take full advantage of this offer, you’ll want to spend at least $5,000 during the intro period. Otherwise, you would be better off with the ThankYou Preferred card’s $250 promo which requires only $2,000 of spending within 4 months.
Update 5/15: The 5 point per dollar for 6 months offer has expired. To see the current deal, see this link.