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Best choice for transferring Citi Thank You points
Since I have recently discovered that I cannot keep my Citibank Premier Thank You points once I were to cancel the card, I am considering transferring the points to one of their airline partners for future use.
Is there a preferred airline plan that I should consider. I live on the west coast so SIngapore could be a good choice. I will likely continue with my Chase Reserve card so I can always add additional points as might be necessary. On the other hand there is AF/KLM or Virgin Atlantic that are partners of both cards. Another consideration is how many partners that airline has
Which airline program would be the best one to use to park my points?
((I’m hoping this has been thought through before and that there is a reasonable answer))
Well, “best” is subjective. Singapore may very well be best but keep in mind that the points expire after 3 years, even if you have activity in your account. They are part of Star Alliance.
AF/KLM is part of SkyTeam and Virgin Atlantic is not part of an alliance at all but has several partners. Delta is a partner of all of these.
Perhaps a better question is: where do you hope to use the points?
Have you considered calling Citibank to see if they will offer you an offset for the fees in cash or points? That may allow you to keep the card for another year. You could also downgrade the card to the Preferred which has no annual fee and will keep your points alive. You can transfer them when you get another premium Citi TY product.
I may consider doing that but before I make that decision I want to find out if there is a preferred airline plan in which to to park miles. I’m hoping someone has dealt with this before and can share that guidance with me.
[QUOTE=”Gaurav, post: 31983, member: 79″]Have you considered calling Citibank to see if they will offer you an offset for the fees in cash or points? That may allow you to keep the card for another year. You could also downgrade the card to the Preferred which has no annual fee and will keep your points alive. You can transfer them when you get another premium Citi TY product.[/QUOTE]
The “preferred airline” would be based on your future travel plans. If you don’t have any short term need for those points, [USER=79]@Gaurav[/USER]’s suggestion is a good one.