Published on July 6th, 2019 | by William Charles71
Citi Double Cash Cash Rewards Will Be Convertible To Citi ThankYou Points
In their most recent statement reader David G reports seeing an account message stating that in Fall 2019 Citi Double Cash rewards will be convertible to Citi ThankYou Points. Unfortunately it doesn’t say what the conversion rate will be, keep in mind this card earns 2% cash back on all purchases (1% when you make the purchase and another 1% when you pay on time). I can see three main options:
- 2% cash back = 1 Citi ThankYou point
- 2% cash back = 1.5 Citi ThankYou points
- 2% cash back = 2 Citi ThankYou points
The first option is not useful at all, the second option is comparable to something like the Chase Freedom Unlimited and the third option would be a game changer. I suspect we will see something like the middle option, but who knows with Citi.