You Can Now Use Citi ThankYou Points for Gas Discounts at Shell, BP and Amoco
With 40% of Americans planning to take a trip before the end of the year, according to new data by Destination Analysts, flexibility when paying at the pump is more important than ever. Now, ThankYou Rewards cardmembers can instantly Shop with Points at participating Shell, BP, and Amoco stations by redeeming points for $.50/per gallon, applied for up to $10 towards a gas purchase.
Eligible cardmembers (including those with a Citi Prestige, Citi Premier and Citi Rewards+ card) on the go can now simply Shop with Points at the gas pump by:
- Visiting a participating Shell, BP, and Amoco fuel station
- Swiping an eligible Citi credit card to pay for gas at both self and full service stations
- If the gas pump screen prompts an offer to redeem ThankYou Points, select “yes” to use points for gas purchases
- Confirming the number of points redeemed via the receipt or online at ThankYou.com
- Find more details here.
“With the holiday travel season approaching, we are thrilled to offer a new way for cardmembers to redeem rewards on the road,” said Chris Fred, Managing Director and Head of Proprietary Cards and Loyalty at Citi. “During the last six months, we have seen a noticeable shift in shopping behaviors with consumers focused on “needs” – including essentials such as toiletries, food, and gas. As a result, we are doubling down on our efforts to provide additional avenues for customers to Shop with Points where and when it matters most.”
Overall, consumers are increasingly recognizing the value of using points toward everyday purchases, with recent PayPal data reporting that 66% of Americans now view rewards balances as a way to buy essentials. And in response, Citi has been evolving its ThankYou Rewards program to reflect the evolving needs of consumers in the current landscape, including introducing a temporary option to use points to pay the minimum due on a credit card.
Guru’s Wrap-up
Looks like you would be getting a value of 0.8¢ per point when redeeming your Citi ThankYou points for gas purchases. 1250 ThankYou points would get you a maximum discount of $10 on a 20 gallons purchase. That’s not a great value, but having an extra option to redeem points is not a bad thing I guess. If you are planning to travel, your best bet for maximum value is to transfer points to travel partners.