Well-known for having some of the best balance transfer credit cards available, Citibank line of credit card products, aimed at attracting the consumers interested in rewards credit cards. The Citi ThankYou® Preferred Rewards Card is one of their new cards and it offers a 15,000 ThankYou® point bonus after members make $1,000 in purchases during the first three months of account opening. Those 15,000 points can be redeemed for a choice of $150 gift card from leading national merchants.
The Citi ThankYou Preferred Rewards Card has a balance transfer fee of 3% of each balance transfer; $5 minimum. Currently there is a 0% introductory APR on balance transfers and purchases for 12 months. After that, the variable APR will be 12.99%-22.99% based upon your creditworthiness.* There is no annual fee.
With a low APR, solid rewards program, global acceptance with Chip Technology and no annual fee, the Citi ThankYou Preferred Rewards Card has a little of everything. When shopping around for a new line of credit, consider the Citi ThankYou Preferred Rewards Card.
Updated April 11, 2013 and originally published January 28, 2011. If you enjoyed this article, subscribe to the RSS feed or receive daily emails. Follow @flexo on Twitter and visit our Facebook page for more updates.
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{ 6 comments… read them below or add one }
Sorry, I hit enter – I do hope that consumers don’t buy more than they can afford in hopes of earning more rewards. Defeats the purpose.
I got a letter saying Citi is discontinuing my Citi PremierPass card and changing me to this card….not sure I wanna keep it at this point. I’m tired of the TY points devaluation to be honest.
The anniversary bonus add up to almost nothing! If you spent $20,000 you get 20,000 points in a year and at $.01 a point you get $200. Now add on the bonus and lets even assume its the 3%, well 3% of 20,000 is 600 or a whopping $6.00.
Get the card for the 6,000 sign up points and 2 points per $ in the first year – then stop using or cancel this card and get a better reward card.
This sounds really great! We are looking for a credit card to restart our credit journey and build back up good credit after having trouble. We are going to use it for gas only, which would definitely accumulate these rewards in the 1st year. Do you think this would offer better rewards & rates than a gas station based credit card?
Yes to better rewards. Rates? Do you mean interest rate? If you are going to be carrying a balance, you should not be looking at a reward card like this as the interest rates are going to be much higher than some of the non reward low interest rate cards.
I’m going to apply for this right now. I have NO credit which I’m sure is worse or the same as bad credit. I need to start somewhere and this sounds like a good place to start. I’m 28 in school full time stay at home with my little girl and my wife works two days a week.