Huge New 60K Bonus On Citi Premier Card

Filed Under: Citi, Credit Cards
In the interest of full disclosure, OMAAT earns a referral bonus for anyone that’s approved through some of the below links. These are the best publicly available offers that we have found for each card. Opinions expressed here are the author's alone, not those of the bank, credit card issuer, airlines or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities. Please check out my advertiser policy for further details about our partners, and thanks for your support!

Update: This offer for the Citi Premier℠ Card has expired. Learn more about the current offers here.


The Citi Premier℠ Card (review) has an awesome new welcome bonus. If you don’t have this card and are eligible, you absolutely should apply under this offer, in my opinion.

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 PartnerTransfer Ratio
Air France KLM Flying Blue1000 : 1000
Avianca LifeMiles1000 : 1000
Cathay Pacific Asia Miles1000 : 1000
Etihad Guest1000 : 1000
EVA Air Infinity MileageLands1000 : 1000
Garuda Indonesia GarudaMiles1000 : 1000
Jet Airways JetPrivilege1000 : 1000
JetBlue TrueBlue1000 : 1000
Malaysia Airlines Enrich1000 : 1000
Qantas Frequent Flyer1000 : 1000
Qatar Privilege Club1000 : 1000
Singapore Airlines KrisFlyer1000 : 1000
Thai Royal Orchid Plus1000 : 1000
Turkish Airlines Miles & Smiles1000 : 1000
Virgin Atlantic Flying Club1000 : 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

Bottom line

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.

Regarding Comments: The comments on this page have not been provided, reviewed, approved or otherwise endorsed by any advertiser, and it is not an advertiser's responsibility to ensure posts and/or questions are answered.
Comments
  1. This is a helpful article as we consider options for retiring the Prestige. So strange that the baseline point value for TY Points on airfare is 1.25 cents on the mid-tier card and soon only 1cent per on the $500/yr card. Similar oddity re earn on entertainment. It’s like the teams in charge of each card could care less about continuity within the TY Point ecosystem. Or is the Premier just a year away from similar valuations?

    Has there ever been a transfer bonus to Kris Flyer? Is it correct to think that TY Points earned via Prestige would be unaffected if there was an overlap with the Premier in the same card holder’s name and then the Prestige closed—not a ‘transfer’?

  2. Applied through your link– approved instantly– thanks!

    This is a good deal so I don’t have to transfer all my TY points when canceling Prestige in a few months. Plus 60k to top up the balance is always nice.

    Moving forward will use Amex Plat for flights, Amex Gold for dining and groceries, CSR for rental cars and misc travel, and this one for gas only. Or if Citi gives a good retention offer I guess I’d keep the Prestige even though the 4th night benefits got gutted.

  3. There are four banks with transferrable currencies – Chase, Amex, Citi and Capital One. Should people hold all of these cards? Three? Two? One? What’s the best playbook? Are all of these cards keepers long term? Seems like Amex Gold, CSR/CSP and Citi Premier all overlap significantly. This offer seems good but I don’t know if I need all of these cards. Some analysis would be helpful, Lucky

  4. The way this reads, it looks like if you have had one of the cards ever and received a bonus you are not eligible: Bonus ThankYou® Points are not available if you received a new cardmember bonus for Citi Rewards+℠, Citi ThankYou® Preferred, Citi ThankYou® Premier/Citi Premier℠ or Citi Prestige®, or if you have closed any of these accounts, in the past 24 months.

    Am I not understanding the comma correctly between Citi Prestige and or?

  5. @ Ben — It’s written in an awkward way, but it’s my understanding that both of those restrictions apply to the past 24 months. So it’s not a full-on “once in a lifetime” rule.

  6. @Lucky If you don’t have Prestige or Premier card. Which would you get? I have a lot of travel within the next few months to be able to take advantage of the 4th night free before the changes happen. Thanks!

  7. I recently downgraded my Citi Premier to a no annual fee card. It has been more than 24 months since I received my bonus. Would I be eligible to apply for Citi Premier again AND receive the bonus?

  8. @ Fran — It’s my understanding that if your account number changes then it resets, while otherwise you should be good. Usually account numbers don’t change when you downgrade, in which case you’d go based on the original opening date.

  9. I closed my Citi prestige card July 2017…does this mean I am eligible for the card bonus July 2019 or August 2019?

Leave a Reply

Your email address will not be published. Required fields are marked *