Cardholders of the Citi Strata Premier℠ Card simply acquired some adverse information. Due to FrequentMiler for breaking the information.
Many Citi Strata Premier cardholders at this time obtained an e-mail indicating that the money again redemption of their ThankYou factors shall be lowered from 1 cent per level to 0.75 cents per level. This alteration goes into impact as of Aug. 24, 2025.
It is a blow to one of many greatest journey rewards playing cards on the market, however maybe its impression may be restricted for a lot of cardholders who as a substitute desire to switch their factors to the ThankYou program’s airline and resort switch companions.
The e-mail
Curiously sufficient, it appears as if not all cardholders of the Strata Premier obtained an e-mail. A number of different TPGers and I didn’t, however senior editorial director Nick Ewen obtained the e-mail. Here’s what it stated.
This comes as fairly a shock, however it’s not the primary one we have seen these days, as Citi devalued Emirates Skywards factors transfers final month.
Cardholders of different Citi playing cards, together with cash-back ones just like the Citi Double Money® Card, don’t appear to have obtained an e-mail.
That will be unusual to see, contemplating the Double Money is marketed as incomes double money again. That is as a result of it’s marketed as incomes as much as 2% on each buy with limitless 1% money again whenever you purchase, plus an extra 1% as you pay for these purchases. If these factors instantly are usually not value 1 cent apiece, then the cardboard’s worth proposition adjustments totally. There is no indication that can occur, although.
Trying forward
For now, the cash-back redemption choice for some Citi Strata Premier cardholders has diminished by 25%, from with the ability to redeem their ThankYou factors for money again at a price of 1 cent apiece to a mere 0.75 cents apiece.
Nonetheless, you possibly can persistently get higher worth out of your Citi ThankYou factors by transferring them to this system’s many airline and resort companions, together with Air France-KLM Flying Blue, Singapore Airways KrisFlyer and Wyndham Rewards, amongst many others.
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Based mostly on crowdsourced knowledge on the TPG crew, it looks as if cardholders and not using a Citi cash-back card linked to their Citi Strata Premier are the one ones affected. For now.
If you happen to desire utilizing your Citi ThankYou factors for money again or achieve this on a case-by-case foundation, carrying a card just like the Citi Double Money might make sense in the long term, given this variation. Barring that, make any cash-back redemptions you supposed to together with your Citi ThankYou factors forward of the Aug. 24 deadline.
Backside line
This improvement is a major disadvantage for many who desire redeeming their ThankYou factors for money again. Even if you happen to didn’t obtain an e-mail detailing this variation, make sure you verify your Citi account when logging in so you do not miss any bulletins.
As of now, nonetheless, that is simply one other devaluation to hit the Citi Strata Premier, and I am unable to assist however surprise if that is Citi’s means of establishing their lineup of ‘Strata’ playing cards for an upcoming card or an overhaul of their current cash-back card lineup.
Associated: Greatest cash-back bank cards
