What happened
- I Prefer: Transfers will change from a 1,000:4,000 ratio (4:1) to 1,000:2,000 (2:1). While the ratios remain competitive with Capital One (which offers 1:1 to Choice and 2:1 to I Prefer), the devaluation reduces the premium advantage Citi previously held for these specific hotel chains. This impacts the utility of Citi Premier and Prestige cards for travelers prioritizing these hotel programs
Citi ThankYou is adjusting its transfer ratios to two hotel partners, effective April 19, 2026. - Choice Privileges: Transfers will change from a 1,000:2,000 ratio (2:1) to 1,000:1,500 (1.5:1).