Given how much consumer behavior has changed in the past several weeks, many of the credit card benefits that members used to appreciate aren’t as valuable anymore.
Therefore we’re seeing card issuers get creative with perks, so that members have an incentive to keep their cards. Today Citi has added some new bonus categories to two of their popular cards earning ThankYou points.
New Citi Prestige bonus categories
Through August 31, 2020, the Citi Prestige Card will be offering 5x ThankYou points per dollar spent on select online purchases, up to 7,500 points. This applies to cardmembers who had an open account as of May 22, 2020. This includes the following purchases:
- Retailer website orders
- Online grocery orders
- Online drugstore orders
Personally I value Citi ThankYou points at 1.7 cents each, so to me that’s the equivalent of an 8.5% return on spending.
This complements the other bonus categories on the Citi Prestige, including 5x points on air travel and restaurants, and 3x points on hotels and cruises.
This also follows the announcement a few weeks ago that Citi is making the Prestige Card $250 travel credit more flexible. Between May 1 and December 31, 2020, the $250 travel credit can be used at supermarkets and restaurants as well.
New Citi Premier bonus categories
As of June 2, 2020, the Citi Premier Card is offering the following new bonus categories:
- 3x ThankYou points per dollar spent at supermarkets
- 3x ThankYou points per dollar spent on restaurant purchases, including takeout and curbside pickup
These benefits initially only apply to cards already open as of May 22, 2020. Unlike the Citi Prestige bonus categories, the Citi Premier bonus categories are permanent.
Changes were initially announced to the Citi Premier Card back in April, though they were only supposed to kick in as of August 23, 2020. With this we’re essentially seeing Citi move forward these bonus categories by over two months, which makes sense when you consider the current environment.
Two of Citi’s popular cards earning ThankYou points are getting new bonus categories. The Citi Prestige is getting a temporary 5x points category for online purchases, which should come in handy for many. Meanwhile the new Citi Premier 3x points categories are being moved forward.
Will you benefit from these new Citi bonus categories?