[Expired] Citi ThankYou Points Sale: Use 10% Fewer Points for Gift Cards

Updated: September 16, 2024, 3:04am CDT

Edited by:

Citi Gift Card Sale — Details
Is It Worth It?
Final Thoughts

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Update:

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

Citi is offering a promotion to save 10% when using your points to purchase gift cards, but is this a good use of your points?

Let’s take a look at the details to see if this offer makes sense.

Citi Gift Card Sale — Details

Through September 14, 2024, you can redeem 10% fewer Citi ThankYou Points toward gift cards. You can find the sale by logging into your ThankYou Points account and choosing Gift Cards on the redemption menu. Alternatively, you can navigate directly to the sale at this page.

While Citi offers gift cards for numerous brands, not all of them are on sale. You’ll see a red SALE tag next to brands participating in this offer.

Citi gift cards on sale September 2024 — List of gift card merchants with sale indicators. Image Credit: Citi

For example, Instacart gift cards are available in this sale. Normally, points are worth 1 cent each toward gift cards, meaning a $100 gift card would require 10,000 ThankYou Points. During this offer, however, you’ll need just 9,000 points.

Citi points gift card Instacart on sale — Example of the 10% discount. Image Credit: Citi

Gift cards are available in various denominations, starting at 900 points for a $10 gift card during this promotion.

This offer is available to anyone with a credit card that earns ThankYou Points.

Bottom Line:

This promotion is available when paying for gift cards with your points. You’ll need 10% fewer points than normal.

Is It Worth It?

Redeeming 9,000 points for a $100 gift card provides a value of 1.11 cents. That’s well below our average value of Citi points at 1.6 cents apiece.

Why the discrepancy? There are numerous ways to redeem Citi ThankYou Points, including gift cards, paying for purchases when shopping online, and cashing them out. However, the best value comes from learning about and using Citi’s transfer partners.

While it requires more work, the potential value can’t be understated. Redeeming points for a flight that might cost hundreds or thousands of dollars provides exponentially more value than using points for gift cards — even during this sale.

However, if you’ve got a mountain of points, your travel plans are already booked for the next year, and you’re planning on buying some gift cards anyway, this sale could make sense. Otherwise, there are better ways to use your points.

Final Thoughts

Until September 14, you can redeem 10% fewer points when using Citi ThankYou Points for gift cards. While this is an interesting sale, it won’t make sense for most people to use their points this way.