Just like many other credit cards that receive COVID-19 related temporary benefits, now Citi Premier also receives something pretty good: starting June 2, 2020, you will earn 3x points on groceries (increased from 1x) and dining (increased from 2x); however, the difference here is that this benefit is considered permanent rather than temporary. Back in April, Citi announced the revamp of Citi Premier which would kick in as of August 23, 2020 and include 3x points on groceries and dining; obviously after seeing competitors ramping up the temporary COVID-19 relief, Citi has decided to move the implementation date of this benefit a couple of months earlier. However, the whole revamp situation is kind of complicated, and here we would like to break it down for you.
- For those who applied on or after April 10, 2020: (1) effective June 2, 2020, earn 3x points on groceries and dining; (2) continue to earn 3x on travel & gas and 2x on entertainment through August 22, 2020; (3) effective August 23, 2020, earn 3x on airlines & hotels & gas & groceries & dining and 1x everywhere else; (4) effective August 23, 2020, earn $100 annual hotel credits when you purchase a hotel stay $500 or more through ThankYou.com; (5) effective April 10, 2021, the fixed value travel redemption will be reduced from 1.25 cents to 1 cent per point.
- For those who applied before April 10, 2020: (1) effective June 2, 2020, earn 3x points on groceries and dining; (2) continue to earn 3x on travel & gas and 2x on entertainment through April 9, 2021; (3) effective April 10, 2021, earn 3x on airlines & hotels & gas & groceries & dining and 1x everywhere else; (4) effective August 23, 2020, earn $100 annual hotel credits when you purchase a hotel stay $500 or more through ThankYou.com; (5) effective April 10, 2021, the fixed value travel redemption will be reduced from 1.25 cents to 1 cent per point.
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