# Citi ThankYou Devalues Hotel Transfer Ratios to Choice Privileges and I Prefer

_Mar 21 09:02_

Tags: Choice Hotels, Choice Privileges, Citi ThankYou, I Prefer, Citi Premier, Citi Prestige, Capital One, Citi, loyalty program, policy change

Citi ThankYou points transfers to Choice Privileges and I Prefer will decrease effective April 19, 2026. Choice transfers drop from 2:1 to 1.5:1; I Prefer drops from 4:1 to 2:1

## Summary

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).
- **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

## 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.

## Sources cited

- [One Mile at a Time](https://onemileatatime.com/news/citi-thankyou-devalues-hotel-points-transfers) — Citi ThankYou Devalues Hotel Points Transfers (Choice Privileges & I Prefer)

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