Posted by William Charles on January 10, 2019
Credit Cards

Published on January 10th, 2019 | by William Charles

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It’s Possible To Product Change To The New Citi Rewards+ Credit Card

Citi just launched a new credit card called ‘Rewards+‘. The card itself is interesting because you earn a minimum of 10 Citi ThankYou points per transaction, but the sign up bonus is only 15,000 points and it contains the following restrictive language:

Bonus ThankYou Points are not available if you received a new cardmember bonus for Citi Rewards+℠, Citi ThankYou®Preferred, Citi ThankYou® Premier/Citi Premier℠ or Citi Prestige®, or if you have closed any of these cards, in the past 24 months.

Often when new cards launch it’s not possible to product change to them immediately. This doesn’t seem to be the case with this card, with reader @itsbuenaventura already successfully product changing to this card from the Preferred. I imagine you’ll only be able to product change from other Citi branded cards (e.g the cards listed above). In general your Citi 24 month clock won’t reset with a product change if your card number stays the same, otherwise it will reset.



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Zamana
Zamana

Can you PC from a non-thank you point card like costco or double cash?

Ray
Ray

I honk PC from TYP to DC has been possible in the past, I suppose it’s porbbaly possible from DC to this new card.

If you really want to find out, you can just call and ask. Even if you don’t want to go through with it they’ll at least tell you.

Dave
Dave

Not sure why my first comment didn’t post, but I mentioned I did a PC from double cash to this card

sevillada
sevillada

thanks for that. I just PCed my diamond preferred to this one

Leo
Leo

Calling to ask Citi would be much easier than trying to decipher that first sentence above!

Christopher
Christopher

I called Citi and they said that it is possible to PC the DC card to the new Rewards+ card.

Bill
Bill

So if you PC a DC to the new rewards+ card will that reset the bonus clock on TY point cards even if you PC’d a TY Point card to the DC to start with? I would assume not, since the closure date for the TY Point card should have been when I first PC’d to the DC since they changed the number.

Snorlax
Snorlax

Citi generally allows product changes across “families” of cards.

Matt

I was told to call back on the 28th to move from a Dividend to that card.

Dave
Dave

I did a PC from the double cash to this.

Josh
Josh

Does PCing from the DC make you eligible for the 15,000 bonus points?

John
John

Neato. Gives me a way out if they don’t grandfather my Prestige AF this year.

John
John

I currently have the Prestige. Can I switch from it to this one, thus keeping all of my ThankYou points for as long as I have the new card?

Andy
Andy

From what we saw with Citi Prestige and Citi Premier, its a No. The points will expire in 90 days after you close the prestige card and you can redeem with the options provided by your new TY card.

Krish
Krish

called in to convert my AA advatage mile up card to this. I was offered to spend 500 and get 3K AA miles. So accepted offer and postponed the product change. But rep said its possible to do it.

James
James

I may do this exact thing (AA>Rewards+), except I need to know if doing so would reset the 24 month clock, preventing me from getting a Premier or Prestige card later this year when I am out from under 24. Does anyone know the answer to this?

carl wilson
carl wilson

Thanks. I’m considering downgrading AA platinum to this or Citi 2%.

Gonna wait till I pay annual fee because that’s the only way to trigger the $100 Aa flight credit for 2018 spend. Plus still need to redeem the 10% annual mileage rebate for 10k miles.

To confirm: it is in fact possible to downgrade after the annual fee is paid and get the prorated fee reimbursed say, 3 months after the fee is paid?

Pam
Pam

I just PCd my Plat. Its AF was last pd 3.2018 & I am receiving a FULL refund 10 months ltr (no prorated). Same when I PCd my AA gold to DC, full refund 10 mths in!

Justin O'Shea
Justin O'Shea

I called today. They said I can’t convert or downgrade. Guess I’ll HUCA

Abey

DP: Sucessfully product changed one of my DC cards to the new Rewards + card.
Thanks Doc! Time to pay my TV Cellphone Insurance bills etc with numerous 0.25 transactions until they carch me if they can… Thanks again Doc for being the best as always 😘

JV
JV

I wouldn’t test them. See terms below
Fraud, Misuse, Abuse, or Suspicious Activity. If we see evidence of fraud, misuse, abuse, or suspicious activity, we’ll investigate and, if we determine that fraud, misuse or abuse has occurred, we may take actions against you. These actions may include, without limitation, and without prior notice:

Taking away the Points you earned because of fraud, misuse, or abuse
Stopping you from earning Points (including points from rounding (Round Up) and 10% Points Back)
Suspending or closing your ThankYou Account
Taking legal action to recover rewards redeemed because of such activity and to recover our monetary losses, including litigation costs and damages
Some examples of fraud, misuse, abuse and suspicious activity include:

Using your Card Account in an abusive manner for the primary purpose of acquiring ThankYou Points
Using your Consumer Card Account other than primarily for personal, consumer or household purposes

Gadget
Gadget

Thanks for being the voice of reason. Not every transaction or new CC feature has to be gamed. A few small purchases a month probably fine… a few hundred, probably not going to last for long. I am sure someone will try it tho..

Frank

Nice to see that they spelt it out. I have no problem with abusing the system but if the explicitly say don’t do that then you can’t cry when they punish you

potatoslayer
potatoslayer

It might be better to be a little smarter about it with this.. like paying in smaller amounts that end in a penny. I would warn against abusing this one, just to be on the safe side. But paying a small amount every few days I have not run into much issue with other cards.

Sherm
Sherm

Is there s hard pull of your credit report when you do this product change? I

Chuck

No, I don’t think there’s any pull.

Gadget
Gadget

In my experience with Citi (2x), no, no HP to PC. They also DO NOT count a PC as a NEW account for the credit bureaus, your prior card credit history is maintained, and you don’t take a ding for Chase 5/24, for example.

AB
AB

It depends. I switched cards and it resulted in a visa to mc swap. Thanks did create a new number. Chase counted it.

Electroman
Electroman

Yes, if you get a new number, it’s definitely counted. I think it’s true that it’s not counted if the number remains the same.

Sam
Sam

Put “Citi” in the title (so it shows up when you search “Citi” on this blog).

Chuck

Done

Rocky4ny
Rocky4ny

I called up to downgrade my att card & checked until it showed my credit card number would change so I stopped there.. I am stuck with 1.75% plastiq fee so it doesn’t matter to me. Will change my preferred card to reward plus instead tomorrow. Yes it’s available

Josh
Josh

How is this card better than the Double Cash card?

AB
AB

It’s not. If you are just looking to keep your TY points alive, there are other free card options.

The only thing that’s attractive is the 10pt minimum. But Citi will shut you down if you abuse it with minor purchases. So suppose you sneak in 10 of those a month by mixing them in with regular purchases. If you put $250 a month on this card and get a bonus 100 points from those penny purchases, you’d wind up with 350 points. Max value is 1.67cpp with a premium card. So at most you are looking at $5.84. A more realistic valuation is 1.4cpp when converting to airline miles. That gives you $4.90.

And of course a double cash card will give you $5 for that spend.

It only gets worse as the monthly spend rises. For example, at $1000/mo, R+ would be worth $14. DC would give you $20.

PS
PS

Agree. This is more useful when card purchase is below 5 $. For example purchase of 5 $ will give 10 points with this or 10 cents equivalent with dc. any amount less and you gain value in TY points but anything more you lose good chunk. For example 35 $ purchase with this card gives 40 points and DC will give 70 cents. so i guess unless you get more than 1 cent of value from TY point , this card does not make sense.

Elmer
Elmer

Unless you use them to make purchases on Amazon (egad!), I am not sure how you’d get LESS than 1 cent of value from a TY point. How much more than 1 cent really depends upon your usage, but less than that is using a ridiculous redemption.

potatoslayer
potatoslayer

Was not able to convert Simplicity.

It did however, get them to lower my APR.

Elmer
Elmer

Called to convert an AAPS that had it’s annual fee just hit, and the CSR had no idea what the Rewards+ card was. She told me my only options were to convert to the no-fee AA card, the Thank You Preferred, or the Thank You Premier. I just said thanks, and that I’d call back later. SMH; she didn’t even know about the Double Cash.

Pam
Pam

PCd today from the AA Plat card. Citi is refunding my $95 AF from last March!

Going to apply eventually for an Aviator card for more AA miles & have a Citi AA Biz til then. Love the “small spend” feature to earn ez TYPs towards Amazon cards!

kkr
kkr

Called up today and was told that they are seeing an error while product changing to rewards+ and the change will be available only after jan 27th. Citi being citi!! 🙂

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