The Citi ThankYou Preferred Card is offering 20,000 bonus points after making $700 in purchases within the first 3 months. The 20,000 bonus points is worth $200 in gift cards to retailers like Gap, Banana Republic, Bed Bath & Beyond, CVS Pharmacy, Land’s End, etc. The card has no annual fee and it comes with 0% APR for 7 months on purchases and balance transfers.
With no annual fee, there is no cost for keeping this Citi card. You get some of the best cardholder privileges for free. The 20,000 bonus points, redeemable for $200 gift cards, is worth applying for the card alone. If you plan to take advantage of the introductory 0% offer, they give you 7 months of 0% APR balance transfers or purchases. After that, your regular variable APR will be 12.99%, 16.99% or 20.99%, depending on your credit score. Make sure to make the minimum payments on time and pay it off over 7 months interest-free.
You will earn 1 point for every $1 spent for all your purchases on this card. Your points won’t expire as long as you make at least one purchase every 12 months. Earn 200 additional points by enrolling in Account Online and signing up for Paperless Statements. They also have over 400 retailers to shop from to earn more points through their ThankYou Bonus Center. For being a loyal cardholder, there is an Anniversary Bonus each year up to 3% which is calculated as a percentage of ThankYou Points earned from purchases during that year.
The ThankYou points can be redeemed for gift cards, music, cash, electronics, etc, through the Citi ThankYou network. There are many options to choose from such as flights, hotels, travel certificates, baby products, health products, sporting goods, and books. For those that want cash redemption, you need 8,000 points to get a $50 check.
Another perk with Citi is their Private Pass, which gives you exclusives access to concerts, restaurants, sporting events and more. You will get full retail purchase protection which guarantee you against against theft, fire or accidental breakage of up to $1,000 for up to 90 days from the date of purchase. The Citi ThankYou Preferred card gives you extended warranty up to one more year and price protection up to 60 days. You will also get Auto rental insurance for renting a car with this Citi card.
You will feel secure and protected with their credit card security services. They offer excellent security benefits such as $0 Fraud Liability Protection on unauthorized purchases, identity theft solutions, personal photo on card option, fraud and security protection services, lost or stolen card reporting, emergency cash or card replacement, various internet account services, and many more.
Overall, you will find The Citi ThankYou Preferred Card to be one of the best cards with 20,000 bonus points as well as having 7 months of 0% intro APR on purchases and balance transfers. Cardholders enjoy all the benefits such as retail purchase protection, price protection and extended warranty on the things you purchase. The no annual fee is just icing on the cake, not to even mention all the benefits and privileges for free.