Citi Points Value Calculator

How much are Citi ThankYou points worth?

Citi ThankYou points are worth 1 cent per point on average, but can be worth as much as 2 cents per point when transferred to Citi's airline and hotel partners. This means 10,000 ThankYou points are worth anywhere from $100 to $200 in value.

Here's our breakdown of Citi points value based on redemption:

Transfers to airline partners: 1 cent to 2 cents per point.

Citi ThankYou Points can be transferred to over 10 frequent flyer partners if you have the Citi Premier® Card. This is mostly at a 1:1 ratio meaning that every 1,000 points you transfer will give you 1,000 airline miles with the partner program.

Transferring your Citi ThankYou points to airline partners will typically offer the best value. You can expect around 1 to 1.5 cents in value when transferring points and redeeming them for standard economy flights and as much as 2 cents in value per point for premium and First/Business class redemptions.

Here's a few of Citi's best airline partners:

• JetBlue Airways: The Citi ThankYou Rewards program is one of the best programs for earning points transferable to JetBlue due to the 1:1 transfer ratio and 3X offerings of the Citi Premier Card.
• Air France-KLM: You can find great value in Flying Blue Miles when booking one-way flights between the U.S. and Europe, especially from the East Coast. Flying Blue also has monthly promotions which can greatly increase the value of miles.
• Qantas: Qantas Points have an average value of 1.4 cents each for your basic redemptions, but first and business class flights can yield significantly higher value.
• Singapore Airlines: Singapore KrisFlyer has a large number of 'sweet spots', but the best of them all is flying in Singapore's in-air Suites. These suites are the definition of luxury and is one of the best experiences points and miles can buy.
• Virgin Atlantic: Virgin offers great award redemption flying from U.S. West Coast to Asia and from U.S. East Coast to Europe. You can also use them to book Delta One flights for a cheaper cost than using Delta's own SkyMiles program.

Transfers to hotel partners: 0.6 cents to 1 cent per point.

Citi Points can be transferred to both Choice Privileges and Wyndham Rewards. Citi point transfers to either program will not get you as much value as transferring to airline miles, but it's possible to get at least 1 cent in value with a little bit of research.

• Choice Hotels: Choice Hotels will generally not offer you much value in the States, but you can find some great value of 1 cents or more booking Choice brand hotels in popular international destinations, especially in expensive European cities. Choice is also great for stays in cities 'off the beaten path' where other big hotel brands are nowhere to be found.

Travel booked through Thankyou.com: 1 cent per point.

Citi ThankYou Points can be used to book travel through the ThankYou Rewards portal. This will give your points a value of 1 cent each no matter which ThankYou credit card you have.

Within the portal you can book a flight, hotel, or car rental. Citi will let you know the value of your points so that you're well aware of how much you're working with.

Booking through the portal is pretty straightforward. It will even let you know the value of your points so that you know how much value you're getting out of your redemption.

Redeeming points for cash back: 0.5 cents to 1 cent per point.

ThankYou Points can be redeemed for cash back as a statement credit, direct deposit, or a check by mail. Your points will be worth anywhere from 0.5 cents to 1 cent depending on which ThankYou Point-earning card you're using to redeem them.

Redeeming points for gift cards: 1 cent per point.

ThankYou Points can be redeemed for over 100 gift cards at a value of 1 cent per point. Redemptions start as low as 1,000 points for a $10 gift card.

Most of the gift cards in the portal allow you to choose between receiving an electronic code (e-gift card) or receiving it by mail.

Amazon Shop with Points: 0.8 cents per point.

Amazon's Shop with Points allows you to use rewards earned with various rewards programs to pay for your purchases on Amazon.com. When using ThankYou Rewards Points, your points will be worth 0.8 cents each.

The benefit to redeeming your points through Amazon, is that Amazon occasionally offers cash off when you use rewards points to pay for your purchase.

The offer that they have usually reads something like:

While your mileage may very (YMMV), this will usually trigger using 1 rewards point. So, for example, you could redeem 1 ThankYou Point for $30 off and pay the remaining balance with your card.

So while you've redeemed a single point at a value of 0.8 cents, you've saved a big chunk of money on your purchase.

Other Shop with Points retailers: varies by retailer.

ThankYou Points can be redeem with several other retailers using Shop with Points. This includes:

• PayPal
• CVS
• BP / Amoco (Gas)
• Shell
• 1800Flowers.com
• Best Buy

Calculator: Convert Citi points to dollars

Use the Citi Points Value Calculator to determine the dollar value of ThankYou Points based on various redemption options. This will give you an idea of how much your points are worth on average.