Citi Thank You Premier Card

When opportunities present themselves, we must take advantage of those. If you travel for work at all, then likely your company reimburses you some money for the expenses you incur while traveling. This is very much the case for myself, and an excellent chance to spend money on a credit card minimum.

It has been a while since I've spoken about using credit cards to meet your travel goals, but signing up for credit card offers is an amazing way to get lots of bonus miles that will ultimately let me fly international business and first class for next to nothing. These are tickets that cost upwards of $20,000 in extreme cases. The thing to remember is that when signing up for credit cards, you must meet a minimum spend limit before you can get the bonuses.

Normally the way to go about this is to spend on the card every purchase you normally would and pay it off before the end of the month. I like to cycle through every 3 months or so in order to give time for my credit report to drop credit card inquires. When traveling for buisness, the company is going to be picking up the tab, so you might as well have your company help you meet your minimum spend.

In this case I'm going to be applying for an out of cycle card since I'm done with my minimum on my Chase Sapphire card and my SPG Amex is just about complete. The next card I'm going to be going for is the Citi Thank You Premier card. Much like the Chase Sapphire card, the Citi Thank You cards have transferable points. Bonus points are earned on Travel, including gas stations, and travel earns 1 more point than Chase Sapphire does, so Citi earns you 3x points on these purchases. Also, the Citi version gives you 2x points on restaurants and entertainment.

Overall the Citi card looks to be more lucrative than the Chase Sapphire card does... so why do most people in the points game choose the Chase card? Well that comes down to the drawback on the Citi card, specifically the transfer partners. While Thank You points transfer at a 1:1 ration just like Chase, the Citi airline partners are limited for domestic flights. If you do lots of international travel, there are still many options that the Citi card will cover and make you happy with. There is also anticipation that now the American Airline is on the other sid eof the merger with US Airways, that Citi will add American as a transfer partner in the near future. If this is true, I think the Citi Thank You points will be the currency to have.

Moral of the story here is, if someone else is picking up the tab, might as well take advantage of that when trying to hit a minimum spend limit on a new credit card.