December 18th, 2017 update: Cardholders are receiving e-mails/mail outs informing them that they will also receive a $50 bonus once you activate the new card and spend $500 through April 30th, 2018. Hat tip to reader @ArtKGreen
Update: Looks like the $50/$500 bonus is targeted as not all cardholders are receiving it (e.g some are receiving the packet with the other details but no mention of the bonus)
November 1st, 2017: Reddit user MsTuffsy waas told that Citi Foward cardholders will be converted to Citi ThankYou Preferred on January 3, 2018. The Forward card hasn’t been available for new applications for some time, it used to offer 5% categories (restaurants, movies, music and books purchases) but these were removed on June 4th, 2016. The card still gives you 100 ThankYou points every month if you pay your bill on time, so there will be some value lost there.
The product conversion shouldn’t reset the 24 month clock for Citi ThankYou point sign up bonuses, as long as this product change does not result in a new account number.

