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When it comes to sharing points between different users’ accounts, Cifti ThankYou Rewards has long been one of the more generous programs. While Amex Membership Rewards only lets you transfer points to an authorized user and Chase Ultimate Rewards only lets you move rewards to a household member’s account, Citi has let customers move points between any accounts — with the caveat that they must be redeemed within 90 days. According to a thread on FlyerTalk, however, it looks like there are some new restrictions on transferring points to other users.
The updated terms, shared in the thread, include a limit on the number of points you can share with another ThankYou Rewards member in a calendar year:
The total number of points a member can share is 100,000 Points in a given calendar year and the total number of points a member can receive from other members is 100,000 Points in a given calendar year.
Note that the 100,000-point limit doesn’t apply to transfers between your own Citi ThankYou Rewards accounts; it only comes into play when you’re transferring to another user. The 90-day timeframe for redeeming transferred points before they expire still applies. Finally, the updated rules don’t add any limit to the number of points you can transfer to frequent flyer and hotel programs.
Additional restrictions are never welcome when it comes to loyalty programs, but in the scheme of things this update is not too hard to swallow. If you’re trying to book an award for a friend or family member that requires more than 100,000 points, you can always book the reservation yourself instead.
Citi and its portfolio of travel rewards cards haven’t been garnering too many positive headlines over the past several months, what with the significant downgrades to the Citi Prestige Card and the pulled bonus for the Citi Premier Card. That said, there are some sweet spots in the ThankYou Rewards program, and even with this new restriction Citi’s still more generous than other issuers when it comes to sharing points with friends and family members.
H/T: View from the Wing
Will this new rule affect you?
NEW INCREASED OFFER: 60,000 Points
TPG'S BONUS VALUATION: $1,200
CARD HIGHLIGHTS: 2X points on all travel and dining, points transferrable to over a dozen travel partners
- Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $750 toward travel when you redeem through Chase Ultimate Rewards®
- Chase Sapphire Preferred named "Best Credit Card for Flexible Travel Redemption" - Kiplinger's Personal Finance, June 2018
- 2X points on travel and dining at restaurants worldwide & 1 point per dollar spent on all other purchases.
- No foreign transaction fees
- 1:1 point transfer to leading airline and hotel loyalty programs
- Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Ultimate Rewards. For example, 60,000 points are worth $750 toward travel
- No blackout dates or travel restrictions - as long as there's a seat on the flight, you can book it through Chase Ultimate Rewards
Know before you go.
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