[Expired] 10x Citi Points Bonus on Restaurants and Theaters [Targeted]

Update: The offer mentioned below has expired and is no longer available.

With a wide variety of transfer partners and some uniquely favorable transfer ratios, earning Citi ThankYou Points has never been more lucrative. Now, select Citi cardholders are going to be earning a little more these next few months thanks to a targeted offer for dining and theaters. Let’s take a look.

Offer Details

Unfortunately, this offer isn’t available to everyone. You’ll want to check your email to see if you’re one of the lucky few.

• Registration required
• Only available via targeted emails
• 10x points per $1 spent on restaurants, movie theaters, and show theaters
• Valid for up to $250 in spend
• Available through October 31, 2022
• Maximum of 2,500 bonus points earned

These offers are popping up on a variety of Citi cards, not just those that earn ThankYou Points, so you’ll want to see if your AAdvantage cards have been targeted as well.

Hot Tip: Check out our guide to the best Citi credit cards where we compare the benefits and perks of the top Citi cards available.

Is It Worth It?

Let’s say, for the sake of argument, that you’ve received this offer on your Citi Premier^® Card, which earns Citi ThankYou Points. We value these points at a rate of 1.6 cents each, which means you’ll be netting a 16% return on your spend — if only for those $250. Still, it’s worth registering your card for the offer and maxing out the bonus, especially since these categories are so simple to obtain.

2,500 bonus points are worth $40 according to our valuations, though it’s possible to redeem them for quite a bit more. While you can’t do much with just 2,500 points, it’s still halfway to a decent night at a hotel in Scandinavia.

How so? Thanks to Citi’s transfer partnership with Choice Privileges, those with the Citi Premier Card or the Citi Prestige^® Card (no longer open to new applicants) can transfer their points over to Choice at a 1:2 ratio, meaning 1 Citi ThankYou Point becomes 2 Choice Privileges points.

Hotels in Scandinavia are notoriously expensive, and such is the case for Choice hotels, where room rates for a night hover around $200 in cash, even at more affordable properties like the Clarion Hotel Sign:

You’ll note in the screenshot above, however, that a ~$200 room will cost you just 10,000 points per night. With that favorable transfer ratio, those 2,500 points you earn eating out turn into half a night at this hotel — or just over $100 in value!

Final Thoughts

Ok, this isn’t the groundbreaking deal we’d all hoped it was. A mediocre earning cap at just $250 in spend isn’t much to write home about, but there are ways to maximize the points you redeem. Check your email to see if you’re targeted for this offer — and if you are, don’t forget to register.

The information for the Citi Prestige^® Card has been collected independently by Upgraded Points and not provided nor reviewed by the issuer.