• Reviews
    • Airlines
    • Trips
    • Hotels
  • Credit Cards
    • Personal Cards
    • Business Cards
  • About Miles/Contact
  • Disclosures/Privacy

Monkey Miles

  • Reviews
    • Airlines
    • Trips
    • Hotels
  • Credit Cards
    • Personal Cards
    • Business Cards
  • About Miles/Contact
  • Disclosures/Privacy
Home » Credit Cards » How to convert Citi Double Cash into Thank You points [Step by Step]
Credit Cards

How to convert Citi Double Cash into Thank You points [Step by Step]

Miles April 27, 2020 Citi 2 Comments

We may receive a commission when you use our links. Monkey Miles has partnered with CardRatings for our coverage of credit card products. Monkey Miles and CardRatings may receive a commission from card issuers. Monkey Miles is also a Senior Advisor to Bilt Rewards Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities. We appreciate you using our links!!!


Turn Citi Double Cash cashback into Thank You points

Citi Double Cash rewards its users with 1% cashback at the time of purchase, and then another 1% when the balance is paid. That’s 2% cashback on every single dollar you purchase, but the greatest perk is the ability to convert that cashback into Citi Thank You points when you concurrently hold a Citi Thank You Premier or Citi Thank You Prestige.  Let’s walk through how you can convert your Citi Double Cash into Citi Thank You points and take advantage of Citi’s list of transfer partners.

Why would you want to convert cashback into Thank You points?

While I, personally, don’t value Citi Thank You points as much as Amex or Chase, they have a great list of transfer partners and facilitate aspirational travel experiences through those transfer partners.  Many of their partners are also Chase/Amex/Cap1/Marriott partners, which is beneficial from the perspective that you can spread your drawdown across various flexible currencies.

Giving the Citi Double Cash the ability to convert cashback into Thank You points is Citi’s way of emulating what Chase permits with its Freedom and Freedom Unlimited cards. Both of those Chase cards are technically cashback cards, but when paired with a Chase premium card, the door opens to conversion into Ultimate Rewards. We often talk about blending a portfolio of Chase cards to optimize earn via a Quadfecta or Trifecta ( read more ).

This is using same underlying strategy, but with Citi: any purchase that doesn’t have a category bonus, put on the card that earns the highest cashback rate, then transfer into the flexible currency, Thank You points.

Citi Thank You transfer partners

Here’s a look at Citi Thank You transfer partners, 17 ( 16 Air + Sears )

Citi Thank You Transfer Partners

Step by Step Guide to converting Citi Double Cash into Thank You points

When you’re logged in, on the home screen, you’ll see the following on the right. Click on View/Redeem Cash Rewards

That will load the following screen. Click “Convert to Points”

Then Cash Rewards to Points

Then you’ll choose how many you want to convert.

The conversion should be instantaneous; however, when I did it this afternoon for this post there was a lag in the conversion. The points are kept in each account, so you’ll see the total amount for each card.

Hope this helps!

Affiliate Disclosure

Monkey Miles has partnered with CardRatings for our coverage of credit card products. Monkey Miles and CardRatings may receive a commission from card issuers.


Chase Sapphire Preferred

Increased BONUS – now 80k!!!

A Monkey Miles favorite for beginners and point pros alike – a staple of our wallet that earns Premium transferrable Ultimate Rewards. $95 annual fee

♥ Earn 80k Bonus Points after $4k Spend in 3 months

♥Points are transferrable to over dozen partners, or redeemable for 1.25c in Chase travel

♥5x on travel purchased via Chase Travel and 2x everywhere else

♥3x on dining, including eligible delivery services, takeout and dining out

♥3x on select streaming

♥ 3x points on online grocery purchases (excluding Target, Walmart and wholesale clubs 

♥ $50 Annual Credit on hotel stays purchased via Ultimate Rewards. *New cardmembers can get this credit immediately – existing cardmembers get it after anniversary

♥ 10% Anniversary Point Bonus. Spend $10k in a year, get 1k bonus points.

 Learn more


 

Share this:

  • Click to share on Facebook (Opens in new window)
  • Click to share on Twitter (Opens in new window)

Related

Previous Article UK to implement 2 week quarantine + track and trace app
Next Article Clear face masks? This Cali teen designs one for the hearing impaired

About Author

Miles

This Monkey didn't get the name Miles for nothing. I might look like an innocent little furball, but I am a Points and Awards BEAST!! Follow me around the world to see how I fly in lie flat seats and sleep in 5* suites for pennies on the dollar.

Related Posts

  • Ending soon! Chase Sapphire Preferred 80k Offer

    May 19, 2022
  • Wow! Capital One Venture Rewards 75k welcome offer + 2x everywhere

    May 18, 2022
  • Amex 25% transfer bonus to Air France/KLM Flying Blue

    May 16, 2022
  • Don’t forget American Express statement credits expire this month

    May 15, 2022
  • Get more value when using Chase Ultimate Rewards for Apple products during the month of May.

    May 14, 2022

2 Comments

  1. Daboud Reply
    April 27, 2020 at 4:15 pm

    How do you combine the points in your TY double cash account with the Premier or Prestige account to unlock greater benefits?

    Thank you in advance.

    • Miles Reply
      April 28, 2020 at 7:39 am

      If the accounts are showing up together, then you’re operating under a merged Thank You account already, and when you go to transfer the total you should reflected. For instance, try to transfer to one of the partners, you’ll see your total points available to transfer. If you’re not seeing both accounts, then you’ll need to combine so they are reflected in the same TY account. However, when you close an account you can merge the points and the points from the cancelled account have 90 days to expiry

Leave a Reply

Cancel reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Popular Posts

  • Chase Sapphire Preferred vs Chase Sapphire Reserve May 2, 2022
  • Don’t forget American Express statement credits expire this month May 15, 2022
  • Rakuten offer: $40 or 4k Amex points for new members and referrals [Leave your referral links] May 10, 2022

Recent Posts

  • Ending soon! Chase Sapphire Preferred 80k Offer May 19, 2022
  • IHG One Rewards Status Match – Keep Top Tier status through 2023 May 19, 2022
  • Bilt Rewards Members can save 15% off with Hyatt code + 500 point bonus May 18, 2022

Social Media

Archives

Editorial Disclosure The editorial content on this page is not provided by any of the companies mentioned, and has not been reviewed, approved or otherwise endorsed by any of these entities. Opinions expressed here are author’s alone.

Comments Disclosure Responses are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser’s responsibility to ensure all posts and/or questions are answered

Monkey Miles is owned by BABA BOY, INC. This site is for entertainment purposes only. The owner of this site is not an investment advisor, financial planner, nor legal or tax professional and articles here are of an opinion and general nature and should not be relied upon for individual circumstances.
 

Loading Comments...