Originally Posted by
IlliniDude
If you don't fly, the Premier Pass isn't for you, although even an occassional flight would give you a decent amount of flight points to convert.
I have a Citi Diamond Preferred Rewards card that pays 5 TY points per dollar at gas, grocery, drugstores and 1:1 everywhere else. I average 3-4 pts/dollar with it as I use it almost exclusively at those places and have other cards I use at restaurants and for travel. I actually just got the Premier Pass Amex (which only gives you 1 flight point/3 miles flown) so I can make 2% back at Costco (pairing a purchas pt with a flight pt) instead of the 1% I get with my current Amex.
In addition, if you shop online with Thank You Merchants, you can get 3-10 pts per dollar spent.
But where the real benefit comes in is the fixed price flight options. There are no blackout dates, so during a busy travel season when most airlines have no award availability, you can call TY network and get a flight, no matter how much the cost. If you want to book a domestic flight that would cost you $500, Thank You will book it for 25,000 points. So upon redeeming the points, you get 2:1, and that's on top of the earning ratio I described above.
I agree with the assessment of the TY program here. There are many cards that could be helpful:
Citi Professional Card - 3pts per $ of gas, car rental, restaurants, and office supplies
Citi Diamond Preferred - 5pts per $ for the 1st year on gas, grocery
However, if convienence is important, then a single card may be better for a $500k annual spend.