Originally Posted by kpbadger

I got what I consider to be good news in a letter from Citi last week:

"Your Citi Hilton Honors Reserve account is being converted to ThankYou Preferred."

Some key points from the correspondence (paraphrasing and summarizing):

- Unless I contact Citi before January 1, 2018, they will automatically convert my account.
- I "may be eligible to convert to another Citi product"
- All purchases through January 29 continue to accrue Hilton Honors points and count toward achieving Diamond status
- Citi will provide me with a free night certificate in January 2018
- After January 29, Hilton points no longer accrue and the free night benefit will no longer be available
- Mid-December 2017: I'll receive details about the benefits of my new Citi ThankYou Preferred account
- January 30, 2018: Keep using my Citi Hilton Honors card to start earning ThankYou points
- February-March 2018: I'll receive my new Citi ThankYou Preferred card, activate it, yada yada

Data points:
- Citi card opened in 2014, $40K+ spend this year
- 2 AmEx cards (Delta Reserve for 3 years, Hilton Surpass opened a few months ago for the 100K bonus) with $60K+ annual spend

I'm thrilled that this account isn't going to AmEx since I don't need a duplicate, and this doesn't seem to affect the already-earned free night and diamond status. The key data point I'm sharing here is that AmEx didn't want my account, and I have a credit score above 800 and perfect standing with AmEx for over 10 years... which seems to go against the hypotheses earlier about the sorts of accounts AmEx would reject.