Originally Posted by
Igor718
what airlines do these transfer to???
None. ThankYou Points can be used to purchase airfare through the booking engine on thankyou.com, in which case they are worth $0.0133 each. Otherwise, they can redeemed for giftcards and are worth $0.01 each or less.
ThankYou Rewards is more complicated than most card programs, and Citi tinkers with it periodically. If you invest the time to fully understand and use the Flight Points feature you can earn > 2.66% with this card, but if you are looking for instant gratification this probably isn't the card for you byond the initial bonus which is actually worth $665 (not $500).
Extensive discussion is in the Credit Card Programs section of Flyertalk.