Last edit by: oopl
7/16: New changes that will take effect on 7/23.
1. The following benefits will be changed effective July 23, 2017:
- Loss of AA Admirals Club Access (Effectively immediately if the account is opened on or after 09/01/2016. See Post 296.
- $0.0125 per each TY points for airfare redemptions at thankyou.com.
- Loss of Complimentary International & Domestic Golf
- 4th Night benefit will be based on the average nightly rate of your complete stay for reservations made on or after July 23, 2017. Taxes will no longer be included within the statement credit.
2. $100 Annual Fee Reduction will be extended to Citi Priority if you are currently a Citigold client and you are impacted by the increase in minimum balance and downgrade.
- 4th night free bookable online at thankyou.com (benefit applied as discount at checkout)
- Cash out TY at 1 cpp
- metal card
- 75,000 TY for $7,500 spend signup bonus
1. The following benefits will be changed effective July 23, 2017:
- Loss of AA Admirals Club Access (Effectively immediately if the account is opened on or after 09/01/2016. See Post 296.
- $0.0125 per each TY points for airfare redemptions at thankyou.com.
- Loss of Complimentary International & Domestic Golf
- 4th Night benefit will be based on the average nightly rate of your complete stay for reservations made on or after July 23, 2017. Taxes will no longer be included within the statement credit.
2. $100 Annual Fee Reduction will be extended to Citi Priority if you are currently a Citigold client and you are impacted by the increase in minimum balance and downgrade.
Citi Prestige benefit and reward changes effective July 23, 2017
#526
Join Date: Jun 2015
Programs: AA LP pleb, QR Plat., Bonvoy Ti, IHG Diamond Amb, Foolish Hoarder of Miles, Fid. Def.
Posts: 125
I've not tried it myself, but I've been told on FT that refunds would be in TYPs. Also, I did recently needed to make a change on AA flights paid with TYPs, due to AA rescheduling, and had to use the TYP Concierge to do so.
If anyone has gotten it to work the way you suggest, I too would like to hear about it, and I'm sure others would, too.
If anyone has gotten it to work the way you suggest, I too would like to hear about it, and I'm sure others would, too.
Also, booking a fare you have no intention of flying is a great way to get in hot water with AA. Bottom line: I'd recommend playing it straight. Can't beat the house at this game.
#527
Join Date: Mar 2017
Programs: HHonors, TrueBlue, Delta SkyMiles, Hyatt Discoverist, Starwood Preferred Guest, American Airlines.
Posts: 2,035
#528
Join Date: Apr 2012
Posts: 432
I would normally agree but someone on Reddit posted that they were told July 17th. I spoke with a rep that was reading off something that specifically said July 17th is the announcement of enhancements to Citi Prestige including a premium metal card. That's all she could reveal.
#529
Join Date: Jun 2014
Location: TPA
Programs: BA Silver; Hilton Gold; IHG Diamond Ambassador; Marriott Gold
Posts: 2,811
I haven't tried it, but I'm quite confident this wouldn't work, reason being that AA will only refund to original form of payment... which in this case is Connexions Travel's credit card, not one's own CP. Best case scenario is that the refund is processed and points are restored at a 1.25¢/pt buyback rate, but I have to think Citi has anticipated that eventuality and will guard against such shenanigans.
Also, booking a fare you have no intention of flying is a great way to get in hot water with AA. Bottom line: I'd recommend playing it straight. Can't beat the house at this game.
Also, booking a fare you have no intention of flying is a great way to get in hot water with AA. Bottom line: I'd recommend playing it straight. Can't beat the house at this game.
#530
Join Date: May 2002
Location: SNA
Programs: STARS/LUMINOUS, PRIVE, FSPP, STARS, MO FAN Club, PEN Club, Bellini Club
Posts: 2,612
I'm sure lots of us are in the same situation of having TYPs but no immediate plans for an AA flight. How can I preserve the max value of these points on AA before the devaluation? In my mind, the ideal scenario would be to buy a fully refundable ticket with TYPs and get a cash refund from AA although that may be wishful thinking. My searches on FT and blogs came up empty.
#531
Join Date: Apr 2012
Posts: 432
Credit /u/modernloves
https://www.reddit.com/r/churning/comments/6jbaq7/new_updates_to_citi_prestige_coming_july_17/djqleeq/
https://www.reddit.com/r/churning/comments/6jbaq7/new_updates_to_citi_prestige_coming_july_17/djqleeq/
Comprehensive list of benefit changes:
- Acquisition bonus shifting to 40K points for $4K spend in first 3 months (was 50K points)
- Removing AA Admiral's Club Access
- Modified 4NF to average rate, based on pre-tax totals
- Allowance to book 4NF with TYP (fully vested points OR combination); however, more limited access to certain rates / benefits- corporate, group, etc, would not be available through TYP portal, and loyalty numbers cannot be added until arrival at hotel. 4NF paid with TYP will be discounted, NOT reconciled after the fact like a cash reservation.
- Removing complimentary rounds of golf
- Flight redemption (both AA and non-AA) modified to 25% bonus, compared to 60%/33% bonus previously
- Cash redemption increased to 1 point = 1 cent (aka 10,000 TYP = 100.00 cash / 100.00 gift card)
- Complimentary ShopRunner membership
- Roll-out of metal card over the next 12 months
#532
Join Date: Apr 2009
Location: SFO
Posts: 225
#533
Join Date: Mar 2017
Programs: HHonors, TrueBlue, Delta SkyMiles, Hyatt Discoverist, Starwood Preferred Guest, American Airlines.
Posts: 2,035
I guess I really don't see the point in them making the cash redemption value at 1TYP = 1 cent since it's supposed to be a travel card, but I guess adding value isn't ever a bad thing. Adding Shop Runner isn't a terrible perk either, but AMEX already offers that with cheaper cards, or even free ones for that matter.
Perhaps they should increase the quality of their customer service instead.
#535
Join Date: Nov 2013
Location: LAX, LGB, SNA
Programs: AA EXP OWE, DL DM ST+, AS MVPG, UA, BA, WN CP, Hyatt E, Ritz Plat, HH GM
Posts: 3,185
#536
Moderator
Join Date: Jun 2003
Location: Miami, Mpls & London
Programs: AA & Marriott Perpetual Platinum; DL & HH Gold
Posts: 48,954
The ability to book some variant of Fourth Night Free hotel stays online and (part) pay with ThankYou points is new. This was hinted at in the terms, but never implemented.
#537
Join Date: Apr 2012
Posts: 432
Thank you for the information.
I guess I really don't see the point in them making the cash redemption value at 1TYP = 1 cent since it's supposed to be a travel card, but I guess adding value isn't ever a bad thing. Adding Shop Runner isn't a terrible perk either, but AMEX already offers that with cheaper cards, or even free ones for that matter.
Perhaps they should increase the quality of their customer service instead.
I guess I really don't see the point in them making the cash redemption value at 1TYP = 1 cent since it's supposed to be a travel card, but I guess adding value isn't ever a bad thing. Adding Shop Runner isn't a terrible perk either, but AMEX already offers that with cheaper cards, or even free ones for that matter.
Perhaps they should increase the quality of their customer service instead.
ShopRunner? lol
#538
Join Date: Jul 2010
Location: PHL
Programs: Hyatt Globalist, Hilton Diamond, AA Gold, FB Gold, ITA Volare Executive
Posts: 3,294
Good grief.
Salvage plan:
Salvage plan:
- Cancel spouse's Prestige when it comes up soon.
- Commit myself to a trip or two in Fall so that I can use up TYPs on AA at 1.6cents
- Hold onto my Prestige for Fourth Night Free unless I cease being grandfathered into the $350/yr AF, because at $450/yr no longer sure it is worth the aggravation.
#540
Join Date: Jun 2005
Location: DCA
Programs: AA PPro, Mariott Ambassador, B6 Mosaic, SBUX Gold, Best Buy Elite
Posts: 1,838
Allowance to book 4NF with TYP (fully vested points OR combination); however, more limited access to certain rates / benefits- corporate, group, etc, would not be available through TYP portal, and loyalty numbers cannot be added until arrival at hotel. 4NF paid with TYP will be discounted, NOT reconciled after the fact like a cash reservation.