Cardholders of the Citi Strata Premier℠ Card simply acquired some unfavourable information. Due to FrequentMiler for breaking the information.
Many Citi Strata Premier cardholders as we speak obtained an e-mail indicating that the money again redemption of their ThankYou factors can be lowered from 1 cent per level to 0.75 cents per level. This variation goes into impact as of Aug. 24, 2025.
It is a blow to one of many finest journey rewards playing cards on the market, however maybe its affect could be restricted for a lot of cardholders who as a substitute choose to switch their factors to the ThankYou program’s airline and lodge switch companions.
The e-mail
Curiously sufficient, it appears as if not all cardholders of the Strata Premier obtained an e-mail. A number of different TPGers and I didn’t, however senior editorial director Nick Ewen obtained the e-mail. Here’s what it stated.
This comes as fairly a shock, however it’s not the primary one we have seen currently, as Citi devalued Emirates Skywards factors transfers final month.
Cardholders of different Citi playing cards, together with cash-back ones just like the Citi Double Money® Card, don’t appear to have obtained an e-mail.
That might be unusual to see, contemplating the Double Money is marketed as incomes double money again. That is as a result of it’s marketed as incomes as much as 2% on each buy with limitless 1% money again once you purchase, plus a further 1% as you pay for these purchases. If these factors immediately should not price 1 cent apiece, then the cardboard’s worth proposition adjustments fully. There is no indication that may occur, although.
Trying forward
For now, the cash-back redemption possibility for some Citi Strata Premier cardholders has diminished by 25%, from having the ability to redeem their ThankYou factors for money again at a fee of 1 cent apiece to a mere 0.75 cents apiece.
Nonetheless, you may constantly get higher worth out of your Citi ThankYou factors by transferring them to this system’s many airline and lodge companions, together with Air France-KLM Flying Blue, Singapore Airways KrisFlyer and Wyndham Rewards, amongst many others.
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Based mostly on crowdsourced information on the TPG workforce, it looks as if cardholders and not using a Citi cash-back card linked to their Citi Strata Premier are the one ones affected. For now.
Should you choose utilizing your Citi ThankYou factors for money again or accomplish that on a case-by-case foundation, carrying a card just like the Citi Double Money might make sense in the long term, given this alteration. Barring that, make any cash-back redemptions you meant to along with your Citi ThankYou factors forward of the Aug. 24 deadline.
Backside line
This growth is a major downside for individuals who choose redeeming their ThankYou factors for money again. Even if you happen to didn’t obtain an e-mail detailing this alteration, remember to verify your Citi account when logging in so you do not miss any bulletins.
As of now, nonetheless, that is simply one other devaluation to hit the Citi Strata Premier, and I am unable to assist however marvel if that is Citi’s means of organising their lineup of ‘Strata’ playing cards for an upcoming card or an overhaul of their present cash-back card lineup.
Associated: Finest cash-back bank cards
