One of the newer cards from Citi, the ThankYou Preferred Rewards Card is a strong entrant into the rewards credit cards category. Right off the bat, you have the opportunity to earn 20,000 points in the first 6 months of membership, by spending at least $3,000. However, this earnings opportunity is a temporary offer, so new members should be mindful to take advantage early on. In contrast to the Citi Forward credit card which caps rewards points earnings at 75,000 per year, Citi ThankYou Preferred Rewards offers unlimited accumulation of points that won't expire, as long as you make at least one purchase every 12 months.
This is a great, low-cost rewards card. If you plan on paying your balance at the end of every month but don't want to pay annual fees, the early stage incentives to accumulate points are very attractive and you should consider the Citi ThankYou Preferred credit card. This card is a strong option along with the Chase Freedom Rewards credit card If you plan on using the card a substantial amount, however, it is worth examining the other cards in the Citi ThankYou lineup, as this card has reduced rewards due to no annual fee.