New Citi Premier 60K welcome bonus
The Citi Premier Card is offering a new 60,000 point welcome bonus after spending $4,000 within the first three months of account opening.
For context, for a long time the card had no welcome bonus at all, then it had a 30K point welcome bonus, then it had a 50K point welcome bonus, and now we’re all the way up to a 60K point bonus.
The card has a $95 annual fee, and it’s not waived the first year (previously it was waived). However, I’d gladly pay an extra $95 for 10,000 more ThankYou points. I value ThankYou points at 1.7 cents each, so personally I think those extra 10,000 points are worth $170.
The Citi Premier Card’s excellent bonus categories
This is one of the most rewarding Citi credit card for everyday spending, as it offers:
- 3x points on travel, including gas stations
- 2x points on dining & entertainment
- 1x points on all other purchases
Those are extremely well rounded bonus categories. Keep in mind that the card offers 3x points on travel purchases including gas, unlike most other cards, which won’t include “gas” in the travel category. Those are the most extensive bonus categories for any mid-range card, in my opinion.
Earn triple points on travel purchases with the card
How much are Citi Premier Card points worth?
Points earned on the Citi Premier Card can be redeemed for airfare at the rate of 1.25 cents per point (making 60,000 points worth $750), or alternatively can be transferred to the following ThankYou airline partners:
|Citi ThankYou Transfer Partner||Transfer Ratio|
|Air France KLM Flying Blue||1000 : 1000|
|Avianca LifeMiles||1000 : 1000|
|Cathay Pacific Asia Miles||1000 : 1000|
|Etihad Guest||1000 : 1000|
|EVA Air Infinity MileageLands||1000 : 1000|
|Garuda Indonesia GarudaMiles||1000 : 1000|
|Jet Airways JetPrivilege||1000 : 1000|
|JetBlue TrueBlue||1000 : 1000|
|Malaysia Airlines Enrich||1000 : 1000|
|Qantas Frequent Flyer||1000 : 1000|
|Qatar Privilege Club||1000 : 1000|
|Singapore Airlines KrisFlyer||1000 : 1000|
|Thai Royal Orchid Plus||1000 : 1000|
|Turkish Airlines Miles & Smiles||1000 : 1000|
|Virgin Atlantic Flying Club||1000 : 1000|
To me the Citi ThankYou program has become significantly more valuable over the past year or so. Not only has Citi added several new airline partners, but they’ve also been offering a good number of transfer bonuses, which increase the value of the points even more.
For example, at the moment we’re seeing a 30% transfer bonus to Virgin Atlantic Flying Club, as well as a 25% transfer bonus to Avianca LifeMiles. Beyond that, in the past several months we’ve seen transfer bonuses to Air France-KLM Flying Blue, JetBlue TrueBlue, and Qantas Frequent Flyer.
Transfer points to Virgin Atlantic for redemptions in ANA first class
Personally my favorite transfer partners are Air France-KLM Flying Blue, Avianca LifeMiles, Etihad Guest, Singapore KrisFlyer, and Virgin Atlantic Flying Club.
Getting approved for the Citi Premier Card
As far as getting approved for the Citi Premier Card goes, you’re not eligible for the welcome bonus if you’ve:
- Received a new cardmember bonus on the Citi Rewards+, Citi Thank You Preferred, Citi Premier, or Citi Prestige, in the past 24 months
- Closed the Citi Rewards+, Citi Thank You Preferred, Citi Premier, or Citi Prestige, in the past 24 months
In other words, it’s fine if you have one of those other cards, but you just can’t have opened or closed it in that time period. So if you’re a current Citi Prestige Card member, you can get the Citi Premier Card as long as you got the Prestige over 24 months ago.
Also be aware of Citi’s other general card approval rules:
- You can only apply for one Citi card every eight days
- You can apply for no more than two Citi cards every 65 days
Transfers points to KrisFlyer for redemptions in Singapore first class
This is an incredible welcome bonus on the Citi Premier℠ Card.
If you don’t yet have this card, I’d highly recommend applying. 60,000 points can be redeemed for $750 worth of travel, or personally I’d much rather convert the points into airline miles, especially in conjunction with a transfer bonus.
Not only is the welcome bonus great, but this card has some incredible bonus categories as well.