The competition is heating up between Citi and Chase now that the the Citi ThankYou Premier Card 50,000 bonus ThankYou Points after $2,000 in purchases within 3 months of account opening. With 50K points, you can get $500 in gift cards or $665 in airfare for redeeming through their ThankYou Travel Center. The only drawback is the $125 annual fee but well worth it for the 50K bonus points.

Citi ThankYou Premier Features:

Earn 50,000 bonus ThankYou® Points after $2,000 in purchases within 3 months of account opening – enough for $665 in airfare when you redeem through the ThankYou Travel Center. Enjoy this benefit on any airline with no blackout dates.*
Earn 1.2 ThankYou Points per $1 spent – that’s 20% more points – when you use your card at gas stations, supermarkets, drugstores, commuter transportation and parking merchants.
Earn 1 ThankYou Point for every $1 you spend on all other purchases.
No points cap or expiration.

Normally, for 10,000 ThankYou (TY) points, you can get $100 gift card to retailers such as Kohl’s, LL Bean, Lowe’s, Home Depot, Gap, Banana Republic, Barnes & Noble, Walmart, and many more. Hence, the 50,000 TY points is the equivalent of $500 in gift cards. If you rather get statement credit, then you get $50 for every 7,500 points. Selling the $500 gift cards on ebay or Craigslist should also net you around $450 or more.

However, some would prefer the 50,000 points to be redeemed for $665 in airfare for booking a flight through their ThankYou Travel Center. Using the Premier card with the annual fee, they will give you 33% more value when redeemed for airfare. Even with the annual fee, the Citi ThankYou Premier is one of the highest bonuses card available today!

More Features:

Earn points for the miles you fly when you purchase a ticket with your Citi ThankYou Premier Card.
No foreign transaction fee on purchases.
Annual complimentary domestic companion ticket (within the continental USA) and a 15% discount when booking air travel through our travel benefits provider, Spirit Incentives.
Receive an Anniversary Bonus every year you’re a cardmember.
Earn bonus points for enrolling in Account Online and signing up for Paperless Statements.
Get extra points when shopping through the ThankYou® Bonus Center, a network of 600+ retailers you know and love.