Introduction: The Experiment
Two months ago, we set up an experiment with the new Citi ThankYou Rewards+ card. We product-changed a Citi AA Platinum card to the Rewards+ card. We wanted to explore a then-unanswered question – if you linked a Rewards+ card to a ThankYou account that’s also linked to and contains points from other ThankYou Point (TYP) earning cards, would the 10% Rewards+ rebate apply to all redemptions from that ThankYou account?
You can read our article where we set up the experiment here:
- Middle Age Miles: Citi AA Platinum Product Change Options – We Chose ThankYou Rewards+
If the experiment was a success, the Rewards+ card could be quite valuable, especially for a no-annual-fee card. The rebate is good on up to 100,000 TYPs in redemptions per calendar year. For us, we hold three TYP-earning cards – a Prestige, a Premier, and an AT&T Access More. We easily earn and redeem more than 100,000 TYPs each year. A successful experiment with the 10% rebate would give us an extra 10,000 TYPs each year. At our baseline value of 1.25 cents per TYP, this benefit would be worth $125 per year.
After we product-changed to the Rewards+, we called the Citi ThankYou Service Center (800-842-6596), to link our Rewards+ card to our existing TY account. This was accomplished easily. The accounts showed as linked in our online Citi account within a day.
Interim Good News About the Rewards+ 10% Rebate
While we were in the midst of running our experiment, we received some great news. Our experiment was highly likely to be successful. Harlan of Out and Out had made a similar play. He product changed a Citi Diamond Preferred card to the Rewards+ and linked his TY accounts by calling. He then transferred 16,000 TYPs to Qantas. And the 10% Rewards+ rebate worked – once his next Rewards+ statement closed, Harlan received a rebate of 1,600 TYPs back into his TYP account!
You can read Harlan’s article confirming the successful 10% Rewards+ rebate here:
- Out and Out: Sweet! Citi Rewards+ 10% Rebate Works with Other ThankYou Cards for up to 10,000 Points Back Per Year
A few days later, reader HS provided us with a further confirming data point, in the comments to our earlier article where we set up this experiment. HS product-changed a ThankYou Preferred card to Rewards+. Because his original Preferred card was a TYP-earning card that was already linked, he didn’t have to do anything further on that end. He purchased airline tickets with TYPs earned on his Prestige card about a week after the product change, and he received the 10% rebate.
With all this good news, we were now pretty certain that our own experiment would be successful.
Completing Our Own Rewards+ 10% Rebate Experiment – Success!
A few days ago, we made our first TYP redemption since product-changing to the Rewards+ and linking our TYP accounts. We purchased an airline ticket that would have cost $359.60, paying 28,768 TYPs (at 1.25 cents per TYP). Later that same day, we received an email from Citi ThankYou Rewards with the subject line, “you received Points Back from your recent redemption.”
The email proceeded to confirm that we would receive 2,877 TYPs back into our TY account, following our next statement cycle:
Thus, our own experiment further confirmed the now-known data point. The Rewards+ 10% rebate does apply to all redemptions of TYPs from linked accounts. That means that you can earn TYPs on high-earning cards such as the Prestige, Premier and AT&T Access More, and still receive the 10% rebate when you redeem those points. That’s up to 10,000 bonus TYPs per calendar year from a no-fee card!
Put another way, if you’re redeeming TYPs for 1.25 cents per point through the TY Travel Portal, the 10% rebate ups the return to 1.39 cents per point. Doing the math from our example, our $359.60 ticket cost us net 25,891 TYPs (28,768 minus 2,877). $359.60 divided by 25,891 TYPs equals 1.39 cents per point.
Next Question About the Rewards+ Rebate
Is there any chance that the 10% Rewards+ rebate would stack if you had two Rewards+ cards linked to the same TY account?
We’ve seen this question asked, but we haven’t seen any answers yet. We’d make an educated guess that this would not work.
But if anyone has tried two Rewards+ cards on the same TY account, would you please let us know in the Comments? Thank you!
We’ve also considered a different experiment of having 2 TY accounts, with a Rewards+ card attached to each. For example, we could product change a card that’s not currently linked to TY account to a Premier card. That would give us a 2nd TY account (and it would be eligible for 1.25 cent travel redemptions). Then we could product change another Citi card to a Rewards+ and link it to the 2nd TY account. We suspect that in that case, TYP redemptions from the 2nd TY account would indeed earn the 10% Rewards+ rebate. But would the juice be worth the squeeze? This would cost us an additional $95 annual fee for the Prestige, in hopes of getting an extra 10,000 TYPs by making redemptions eligible for the 10% rebate. Probably not worth the time and trouble. But if you have a DP on this, please let us know!
At Middle Age Miles, we love to bring you travel, credit card and points-and-miles information that you can use to help make your travel dreams come true. To see all of our tips and insights, please Like and follow us on social media at:
Please share and re-tweet our posts and tell all of your friends about Middle Age Miles! Thank you!