Originally Posted by
roki
One benefit that might be overlooked is the ability to cash out huge amounts of thankyou points without getting Citi's absurd 1099.
Only if they permit taxable points to be transferred, and they do not. There is no 1099 issue for points earned with credit cards. (I did read your earlier post, but I am inclined to think it is a bookkeeping error, not a policy change.)