[Update 3/15/2012] The 50K offer with 1st year free has been replaced with a 30K offer. But the old 50K offer (go to the end of the post) without the annual fee waiver is still up.
[Update 10/12/2011] Now a new offer with 50,000 points & 1st year free is up! The new landing page is here.
[Original Post 7/11/2011] Citi ThankYou Premier is offering 50,000 points as signup bonus to new card members, 30,000 points up from the regular offer. However, unlike the regular offer, the 1st year annual fee is NOT waived. Considering the added value, it is still a much better deal. For detailed analysis of the card, please see our review on Citi ThankYou Premier which is on our Top List. The old landing page is here.