{"id":109141,"date":"2024-07-02T19:30:27","date_gmt":"2024-07-02T19:30:27","guid":{"rendered":"https:\/\/entertainment.runfyers.com\/index.php\/2024\/07\/02\/when-and-why-you-should-downgrade-from-the-citi-strata-premier-to-the-citi-rewards-the-points-guy\/"},"modified":"2024-07-02T19:30:27","modified_gmt":"2024-07-02T19:30:27","slug":"when-and-why-you-should-downgrade-from-the-citi-strata-premier-to-the-citi-rewards-the-points-guy","status":"publish","type":"post","link":"https:\/\/entertainment.runfyers.com\/index.php\/2024\/07\/02\/when-and-why-you-should-downgrade-from-the-citi-strata-premier-to-the-citi-rewards-the-points-guy\/","title":{"rendered":"When (and why) you should downgrade from the Citi Strata Premier to the Citi Rewards+ – The Points Guy"},"content":{"rendered":"


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Citi is a TPG advertising partner.<\/em><\/p>\n

Sometimes, a card that you have in your wallet no longer serves you like it used to. Fortunately, there are other options besides outright canceling your card<\/a>, which could potentially affect your credit score<\/a> and forfeit all of the rewards you’ve accumulated.<\/p>\n

Let’s talk about when (and why) they should downgrade to a card<\/a> with the same issuer. We’ll start with the Citi Strata Premier\u2120 Card<\/a><\/span> (see rates and fees<\/a>), a popular midrange travel credit card<\/a> with a $95 annual fee that replaced the Citi Prestige card in 2024.<\/p>\n

While it’s likely that most cardholders can get enough value from the card to justify paying this fee, for some, it may start to lose its luster. For instance, the card’s annual $100 hotel savings benefit<\/a> is somewhat limited, requiring you to book through Citi ThankYou and<\/em> spend at least $500 (excluding taxes and fees) for the statement credit to kick in. While the card’s points transfer opportunities<\/a> can be lucrative, you may want to move onto a different transferable points program<\/a> or earn cash-back rewards instead.<\/p>\n

Whatever your motivation is, let’s analyze when (and why) cardholders might want to downgrade from the Citi Strata Premier to the no-annual-fee Citi Rewards+\u00ae Card<\/a><\/span> (see rates and fees<\/a>).<\/p>\n

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You get to keep your Citi ThankYou points<\/h2>\n

Rather than canceling your Citi Strata Premier<\/a><\/span> card, downgrading to the Citi Rewards+<\/a><\/span> ensures that you won’t lose any of your hard-earned ThankYou\u00ae points in the process.<\/p>\n

Be aware, though, that your ThankYou points will lose significant value once they are transferred over to your Citi Rewards+ balance. That’s because the Citi Strata Premier unlocks points transfer opportunities to 15-plus airline loyalty programs<\/a>, which helps you land closer to TPG’s July 2024 valuation<\/a> of 1.8 cents per point.<\/p>\n

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