Update 5/21/25: Dansdeals has verified with Citi that Strata Premier or Prestige cardholders who have a Double Cash Card or Custom Cash card linked to the same ThankYou account will continue to be able to cash out at a value of 1 cent per point, even after the August 24th change.
Original Post 5/19/25:
Citi has sent out an e-mail to Citi Strata Premier cardholders informing them that the rate when converting Citi ThankYou points to cash. You currently receive $100 when redeeming 10,000 points, that will reduce to $75 when redeeming 10,000 points on 8/24/25. Currently this doesn’t affect the Citi Double Cash card or Custom cash card so you could transfer to those cards then cashout if you hold them.
Most people prefer to transfer to Citi travel partners anyway, especially when Citi transfer bonuses are offered but it’s always nice to have this as a fall back option and 25% is a significant devaluation.
