Citi ThankYou Preferred Card For College Students is a Credit Card
With a credit card, you can carry a balance and accrue interest if necessary. Note this is not advised by me. The points game does not work well, if you are carrying a balance and accruing interest. See #4 in Let’s Get Started To Earning Free Travel.
Earn Points on Spending
1. Earn 2x ThankYou Points on Dining out and Entertainment (click here for a detailed definition of entertainment)
2. Earn 1X ThankYou Points on other purchases
Redeem your points through Citi’s Travel Center
Citi has an online travel booking tool available where you can redeem your points for travel. You can redeem for flights, hotels, cars, travel packages and activities. Also if you are short on points, you can use your Citi Card and your ThankYou Points together to pay and redeem for all travel available through the online booking tool. With this card, one Citi ThankYou point equals $0.01 incremental value on travel. For example, a $200 airline ticket will cost you 20,000 Citi ThankYou points. Click here to learn more about redeeming points.
Points Transfer With No Transfer Fees
Transfer points to participating frequent travel programs with no transfer fees. Most points transfer at full 1:1 value. Unfortunately, ThankYou points transfer to JetBlue at 50% meaning that 1000 ThankYou points equal 500 JetBlue TrueBlue points. Click here to view Citi’s other transfer partners. You can click here to learn more about transferring points.