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Where is the Premium Citi Thank You Business card?
I love my Citi Premier card and just recently acquired a Citi Prestige. Everything I’ve read online indicates that the Prestige is a massive hit and worth many times the annual fee. That’s why I just signed up for it! Now, I know that there is a Citi Thank You business card out there, and it seems like some people have had luck applying for it in branch, but where are the primo business cards? Given the success of the Premier and Prestige, and the growing number of wallet slots they occupy – where are the Citi Thank You Business Premier and Citi Thank You Business Prestige cards?
The History:
Citi launched their Thank You points program back in 2005. I had Amex and Mastercard versions of the premier pass circa 2008-2010. The program has evolved quite nicely and I particularly prefer the ability to transfer points to partners vs. the redemption options they used to have.
Back then the point accumulating ability was outstanding because of the travel-focused earning structure. Bonus Thank You points were given per mile flown, as well as base TY for the purchase, and you’d still earn EQM/RDM within the loyalty program you were flying on.
Example:
AA flight $250 Flight and 2500 miles each way
- 250 Thank You points for the flight cost
- 5000 Thank You points for the miles
- 5000 EQM
- 5000 RDM
- Any class of service and elite bonuses
The Problem: You couldn’t get in on that ASPIRATIONAL TRAVEL with the old system
This was several years ago and obviously the earning was outstanding, but it was the redemption options that were the most limiting. The redemptions were static and facilitated through the Thank You portal for travel consolidated through Expedia. You could redeem for an ipod or a toaster, but I always redeemed for travel and throughout the time I had the card I earned loads of free flights. The downside is I always redeemed for coach as the redemption value was a penny per point, i.e. 50000 TY for $500 flight. If I wanted to redeem for a flight like my Etihad Business Studio it would have cost 700,000 Thank You points. CAHMONNNNN that is insulting.
I WANT MY BIDDDDDDDNESSSSSS
I however, prefer the Current Thank You program because of the transfer partners. I like the Premier and Prestige versions of the card as they provide opportunity to build flexible currency. The Prestige, in particular, has a sick amount of benefits. We shall see how much I use them over the next year, and what these new Citi lounges are going to look like, but if they offered a biz version with these bennies…we’d go bananas signing up. It’d also make keeping Citi Thank You points alive much easier as Miles and I could rotate and rotate and rotate and….rotate.
I wrote an article last month
saying that Chase’s 5/24 rule has given Amex a huge opportunity to capitalize on a horrendously restrictive policy. Well, it seems to me that Citi is being given a similar opportunity. The restrictions that Chase ( Ink Plus, Ink Cash) and Amex ( Open Gold/Plat) have imposed on small business cards have primed the market for a Citi business card that offers comparative benefits as their personal counterparts. I would sign up for both versions of the Citi Thank You business card if they came in Premier and Prestige sizes. Even with the recent downgrade of benefits with the Prestige card it still is a killer card.
So Citi…Get at it!
Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities.
Chase Sapphire Preferred® Card
Welcome Offer
60k Points after $4k spend in 3 months
Annual Fee
$95
Points Earned
Transferrable Chase Ultimate Rewards
- 60k points after $4k spend in 3 months
- Worth $750 in Chase Travel℠ and way more if you maximize transfer partners
- 5x on all travel purchased through Chase Travel℠
- 3x on dining, including eligible delivery services for takeout & dining out
- 3x on select streaming services
- 3x on online grocery purchases
- (excluding Target, Walmart and wholesale clubs)
- $50 Annual Chase Travel Hotel Credit via Chase Travel℠
- The begins immediately for new cardmembers and after your account anniversary for existing cardmembers
- 2x on all other travel
- 10% Anniversary Bonus
- Every year you keep the card, your total spend will yield a 10% points bonus. If you spend $10k in a year, you’ll get 1k bonus points
- Chase Sapphire Preferred continues to redeem at 1.25c in the Chase Travel℠ and the slew of other benefits remain in tact including Auto Rental Collision Damage Waiver ( primary ), purchase protections, etc.
- Points are transferrable to 14 Ultimate Rewards partners
- Redeem in Chase Travel℠ for 1.25 cents per point
- No foreign transaction fees
- Suite of Travel and Purchase Coverage
- Auto Rental Collision Damage Waiver is my favorite
- Get complimentary access to DashPass which unlocks $0 delivery fees and lower service fees for a minimum of one year when you activate by December 31, 2024
- $95 Annual Fee
We keep an up to date spreadsheet that lists the best ever offers: You can find that spreadsheet here.
Historically 80k is a very, very good offer and hit in both 2022 and 2023. In 2021, we saw the offer hit an all time high of 100k. Who knows if that will ever come back.
Main Cast:
Cards that earn flexible points and should be used on the bulk of your purchases.
Supporting Cast:
Cards that earn fixed points in the currency of the airline/hotel and can not be transferred at attractive rates. These cards yield benefits that make it worth keeping, but not necessarily worth putting a lot of your everyday spend on.
The Chase Sapphire Preferred® is exceptional starter card and offers transferrable Ultimate Rewards, and pairs well with other Chase cards.
If you carry this card alongside Chase’s cashback cards like the Chase Freedom Flex℠and Chase Freedom Unlimited® or the business versions: Ink Business Cash® , Ink Business Unlimited® you can combine the points into Preferred account and transfer into hotel and airline partners
Annual fee is quite low at $95 a year + you get a 10% anniversary bonus on points + $50 hotel credit in Chase travel.
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