Cardholders of the Citi Strata Premier℠ Card simply acquired some unfavourable information. Due to FrequentMiler for breaking the information.
Many Citi Strata Premier cardholders as we speak obtained an electronic mail indicating that the money again redemption of their ThankYou factors shall be lowered from 1 cent per level to 0.75 cents per level. This alteration goes into impact as of Aug. 24, 2025.
It is a blow to probably the greatest journey rewards playing cards on the market, however maybe its impression is likely to be restricted for a lot of cardholders who as an alternative desire to switch their factors to the ThankYou program’s airline and resort switch companions.
The e-mail
Curiously sufficient, it appears as if not all cardholders of the Strata Premier obtained an electronic mail. A number of different TPGers and I didn’t, however senior editorial director Nick Ewen obtained the e-mail. Here’s what it stated.
This comes as fairly a shock, but it surely’s not the primary one we have seen currently, as Citi devalued Emirates Skywards factors transfers final month.
Cardholders of different Citi playing cards, together with cash-back ones just like the Citi Double Money® Card, don’t appear to have obtained an electronic mail.
That might be unusual to see, contemplating the Double Money is marketed as incomes double money again. That is as a result of it’s marketed as incomes as much as 2% on each buy with limitless 1% money again if you purchase, plus an extra 1% as you pay for these purchases. If these factors all of the sudden will not be price 1 cent apiece, then the cardboard’s worth proposition adjustments completely. There is no indication that can occur, although.
Trying forward
For now, the cash-back redemption choice for some Citi Strata Premier cardholders has diminished by 25%, from with the ability to redeem their ThankYou factors for money again at a fee of 1 cent apiece to a mere 0.75 cents apiece.
Nonetheless, you possibly can persistently get higher worth out of your Citi ThankYou factors by transferring them to this system’s many airline and resort companions, together with Air France-KLM Flying Blue, Singapore Airways KrisFlyer and Wyndham Rewards, amongst many others.
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Based mostly on crowdsourced information on the TPG group, it looks as if cardholders with no Citi cash-back card linked to their Citi Strata Premier are the one ones affected. For now.
In case you desire utilizing your Citi ThankYou factors for money again or achieve this on a case-by-case foundation, carrying a card just like the Citi Double Money could make sense in the long term, given this transformation. Barring that, make any cash-back redemptions you supposed to along with your Citi ThankYou factors forward of the Aug. 24 deadline.
Backside line
This growth is a major downside for many who desire redeeming their ThankYou factors for money again. Even in case you didn’t obtain an electronic mail detailing this transformation, make sure to test your Citi account when logging in so you do not miss any bulletins.
As of now, nevertheless, that is simply one other devaluation to hit the Citi Strata Premier, and I can not assist however surprise if that is Citi’s manner of organising their lineup of ‘Strata’ playing cards for an upcoming card or an overhaul of their present cash-back card lineup.
Associated: Finest cash-back bank cards
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