Originally Posted by
friedablass
That's not true. If you use variable points to redeem for flights, then yes it's 1 cent per point (cpp), but it includes taxes. However, if you use fixed points flight redemptions you can get up to 2cpp for economy or 3 cpp for business. For ex. 20k points will get you an economy ticket w/in continental US and Canada valued up to $400; for 90k points you can get the same ticket in business valued up to $2700. There's a complete chart for fixed points at
www.thankyou.com - click on help. Fixed points redemptions do not include tax - you need to pay the taxes. There are many threads on thank you network and how to maximize your TYPs, in the "other credit cards" forum.
Another benefit of the Citi PremierPass Elite card is the 'flight point' match - so you charge $10K, get 10K Thank You Points, also get 10K Flight Points which are transferred as Thank You Points. So for $10K in spend, you get $400 airline ticket, a 4% return. If you use for premium cabins, the return is 6%.
Originally Posted by
lin821
The merger itself is off the table but CO is planning on joining the *A next year.