Why it matters
Spans 4 hotel programs (Choice Hotels, Choice Privileges, Wyndham...). Card-issuer angle via Capital One, Citi. Likely a devaluation — book before any cutoff if applicable.
What happened
- **I Prefer**: Transfer ratio changes from 1,000 Citi points to 4,000 I Prefer points (4:1) down to 1,000 Citi points to 2,000 I Prefer points (2:1). While the program will still offer a better ratio for Choice Privileges than Capital One (1:1), the I Prefer ratio will match Capital One's. These changes reduce the utility of Citi ThankYou for members targeting these specific hotel chains
Citi ThankYou has informed members that points transfers to two hotel partners will be devalued starting April 19, 2026. - **Choice Privileges**: Transfer ratio changes from 1,000 Citi points to 2,000 Choice points (2:1) down to 1,000 Citi points to 1,500 Choice points (1.5:1).
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