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✨ Benefit Change

Citi Reducing ThankYou Points Transfer Rates to Choice Privileges and I Prefer

Citi

Citi is reducing the transfer rates for ThankYou Points to two hotel travel loyalty partners. The changes take effect April 19, 2026, giving cardholders about a month to transfer at the current, more favorable rates.

What's Changing

Transfer PartnerCurrent Rate (per 1,000 pts)New Rate (per 1,000 pts)Change
Choice Privileges1,400 points1,050 points-25%
I Prefer2,000 points1,400 points-30%

The Choice Privileges transfer rate is dropping by 25%, while the I Prefer transfer rate is taking a steeper 30% cut.

What You Should Do

If you have ThankYou Points and were planning to transfer to either Choice Privileges or I Prefer, you have until April 18, 2026 to lock in the current higher rates. After that date, the reduced rates will apply automatically.

This affects cardholders earning ThankYou Points through cards like the Citi Strata Premier, Citi Strata Elite, and other ThankYou-earning cards with transfer partner access.