ThankYou Points have always confused me. I collected some (about 36K) back in the day via bank account automation and being CitiGold, and had a handful of ThankYou Points from the Credit Card side (about 7000, no idea why).
The program has been baffling to me because they have so many arbitrary rules:
- Bank pts are different from credit card pts
- Regular credit card pts are different from ‘Premium’ credit card pts
- If you combine or merge points, one set of them expires in 90 days…
- etc
That said, I started to collect ThankYou Points for two reasons:
- I didn’t have enough, and I like the idea of building speculative stashes that suddenly turn into something useful.
- I was dabbling in reselling, and they offered 3x Online via the ATT card.
Merge vs Transfer
- Merging means different card, same human occurs when I blend my ATT and Premier point balances. I was careful to select the Premier as the receiving account, and now I have 210K in one account. No cap that I’m aware of.
- Transfer means different card, different human. Merging has an annual cap of 100K points.
ATT ThankYou Points earn fast (3x online) but burn cheap, at 1cent per point, or to a much restricted list of partners. Premier Card ThankYou Points allow for 1.25 cents per point value using the Citi Travel portal, and allow for transfers.
I figured that I might be able to get a uplift on the ATT points by transferring first, and it worked just fine. My 150K pts were suddenly worth $1875 vs $1500 when put towards travel on the Citi travel portal….I didn’t try, but I imagine by the same logic you could turn the ATT points into transferrable points via a Merge/Transfer transaction.
I also tried to blend in the legacy Bank points, but I couldn’t manage to Merge or Transfer these over, so they are just sitting there waiting to expire again until I figure out a use, let me know if you have one!
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