Citi Rewards+ Card 10% Rebate Also Works on Redemptions With Other Citi Cards

In
our review
of the no annual fee Citi Rewards+ Card, we
applauded the 10% rebate triggered whenever you redeem
points. When you redeem your points, you’ll receive 10% points
back for the first 100,000 points redeemed per calendar year. This
means that if you redeem 10,000 points, you’ll receive 1,000
points back.

It appears
that the 10% rebate also applies to points earned with other Citi
ThankYou cards. If you hold a Citi
Prestige Card
,
Citi Premier Card
or
AT&T Access More card
, you can call Citi to have your
multiple accounts linked. From there, it’s easy to transfer
points between accounts.

Cash in your Citi ThankYou points for a business class seat on Singapore Airlines and get a 10% rebateCash
in your Citi ThankYou points for a business class seat on Singapore
Airlines and get a 10% rebate (Photo by Zach Honig / The Points
Guy)

In essence, this enables a 10% rebate on up to 100,000 points
transferred to one of Citi’s
15 partners
, including Air
France-KLM Flying Blue
Etihad
Guest
Virgin
Atlantic Flying Club
 and Cathay
Pacific Asia Miles
. This is significant because with the
Citi
Rewards+
, you can only transfer points to JetBlue; to transfer
to other partners, you need the Premier or Prestige. There’s no
telling if Citi will keep this loophole open, but it’s useful to
know if you were planning to make a redemption soon.

If you take full advantage and earn 10,000 points back, that’s
worth $170 according to TPG’s latest
valuation of Citi points
.

Even DeltaBy
transferring Citi ThankYou points to Flying Blue, you could cross
the Atlantic in a business class seat (Photo by Emily McNutt / The
Points Guy)

Is it worth opening a Rewards+
card
just to leverage the 10% bonus? Possibly, but you’ll
lose the ability to earn a welcome bonus on other ThankYou cards
for 24 months, and it’ll count against your Chase
5/24 status
. If you have an older Citi card collecting dust,
you could call to convert it to a Rewards+ card without triggering
a new account opening. And remember that another cool perk of the
Rewards+ is that it rounds all your earning up to the nearest 10
points.

Be sure to check out our guide to
redeeming Citi ThankYou points for maximum value
.

H/T:
Doctor of Credit

Source: FS – All-Travel destinations-News2
Citi Rewards+ Card 10% Rebate Also Works on Redemptions With Other Citi Cards