FlyerTalk Forums - View Single Post - [Expired] Citi Premier 50,000 TY Bonus Pts. ($500+ worth) FEE FREE FIRST YEAR
Old Oct 8, 2011, 7:26 pm
  #41  
Happy
FlyerTalk Evangelist
 
Join Date: Jul 2003
Location: Florida
Posts: 29,762
Originally Posted by ddfr
@ Happy thank you very much.

Are the gift cards, in effect, cash are there a lot of restrictions how the cards can be used?

It is $500 if using to redeem for Gift Cards at $100 for 10,000 TYPs. It is $665 if using to redeem for airline tickets. When redeem for airline ticket, you get a 25% discount on the airfare, so a $400 ticket only cost you 30,000 TYPs. Or, a $665 ticket only cost you 50,000 TYPs. ($665 x 0.75 or 50,000 x 1.33 - they represent the SAME thing).
They are just regular retailer's gift cards, retailers such as Macy, Sears, Home Depot, Lowes, Best Buy, and the like, at the denominations of $50 and $100.
You can also redeem for Marriott Travel Card too. Though Marriott Travel Card "officially" does have some restrictions such as cannot be used for AAA rate or Senior rate. Though in practice the hotels dont seem to care.
Happy is offline