The Citi ThankYou Premier Rewards Credit Card is the more premium option of Citi's ThankYou series (vs. the Citi ThankYou Preferred credit card . While the Preferred edition rewards users at a (somewhat standard) rate of 1 point per dollar spent after the first year (first year membership rewards teaser rate of 2 points per dollar spent) and charges no annual fee, the ThankYou Premier version boasts a rewards ratio of 1.2 points per dollar spent at gas stations, supermarkets, drug stores, commuter transportation and parking merchants (same first year 2:1 rewards points-to-dollars spent teaser rate). Additionally, the card includes all of the Citi benefits you expect with their ThankYou cards, including no foreign transaction fees and extra perks for flying.
At the same time, it's worth noting that the Citi ThankYou Premier charges an annual fee of $125, following an introductory annual fee of $0 for the first twelve months. Additionally, the APR is high if you carry a balance month to month, so if you don't plan on paying off your card every month, this might not be the card for you. That being said, the 1.2 ThankYou points is a very competitive rewards credit card and this card offers best in class flexibility in how you can redeem those rewards.