Citi Double Cash Crowned King of Everyday Spend

Citi has changed the landscape of travel reward cards by giving carriers of the Citi® Double Cash Card the ability to transfer their cash rewards to the ThankYou point program, given that they also hold either a Citi Premier or Prestige Card. I'll start at the conclusion as far as what this means and work backward: The Citi® Double Cash Card now has the potential to earn 2 ThankYou Points per dollar spent on ALL purchases, with no cap on points earned.

Citi Prestige Changes Kicking in Sunday

At the beginning of the year Citi announced a change to its benefit package, debuting competitive new category bonuses like 5 Thank You Points per dollar spent at restaurants and on air travel but devaluing a few other perks. This coming Sunday, September 1, the following changes to the Citi Prestige Card take effect:

The Fourth Night Free on paid hotel stay benefit will be limited to two uses per calendar year.

Restriction of this benefit is likely going to be the biggest hit for the most people.

Citi Prestige Cardholders Now Earn 5x on Dining & Air Travel

It's time to take that Citi Prestige Card you forgot about out of your sock drawer and put it back in your wallet. I'm sure there are quite a few of you who kept this card around for it's Fourth Hotel Night Free benefit, as those who pay to stay at hotels can save thousands of dollars from it every year that easily make up for the $450 annual fee. That benefit is being devalued later in the year, at which point you may want to reconsider whether keeping the card longterm is worth it.

Optimizing Spend on Black Friday & Cyber Monday

Happy Thanksgiving everybody! While today is about stuffing yourself like a Roman, tomorrow and Monday are about shopping. Dun dun dun....

...are you ready for Black Friday and Cyber Monday?

Before you dive into Thanksgiving prep madness today, slow down with a cup of coffee (or maybe a glass of wine is more appropriate? I heard the in-laws were coming) and take a few minutes to think about how you're going to optimize your Black Friday spending. Whether you're planning on shopping online or braving the crowds, chances are you plan on taking advantage of the sales.

Product Changing From An Expensive Annual Fee Card

The Chase Sapphire Reserve, the Citi Prestige, and the Amex Platinum card are premium credit cards with huge benefits and huge annual fees to match: $450.

The first year, these are fantastic cards. The second year, the value is less certain. We'll look at canceling and downgrading options in this post.

The First Year

Many people are scared off by that annual fee, which makes sense at a superficial level. We all got interested in miles and points to save money, not spend it. I was afraid of premium cards when I first jumped in the game.

What to Do With Leftover ThankYou Points if Canceling Prestige or Premier

Citi issues lots of cards that earn ThankYou Points, but not all of them earn a type of Thank You Point that can be transferred to airline and hotel loyalty programs partners like the Citi Prestige and Premier cards do.

New Costco Credit Cards Offer Up to 4% Cash Back

Today Costco switched over from only accepting American Express cards to only accepting Visa cards.

Should You Start with 100,000 American Airlines Miles or 90,000 ThankYou Points

Right now you can easily get 100,000 American Airlines miles or 90,000 ThankYou Points, so which is the better place to start?

How to Get 100,000 American Airlines Miles

Some credit card offers in this post have expired, but they might come back.