Citi ThankYou Preferred Card - Earn 20,000 Bonus PointsIvan Danielupdated Dec 22, 2015TweetAt GET.com we maintain complete editorial integrity on our content & provide transparent & unbiased information. Companies don't pay us to include their products although we receive a compensation when you successfully apply to products from our partners. See how we make money here.At GET.com we maintain complete editorial integrity.Review of: Citi ThankYou® Preferred Card — Earn 20,000 Bonus PointsOur Rating:4.30/5 StarsCiti ThankYou® Preferred Card Earn 20,000 Bonus Points, a partner card, is a new rewards card launched by Citibank. After reading through the fine print, we're happy to say that this new credit card has a lot of new benefits. It has no annual fee and also rewards you when you spend on the card. You can earn 20,000 bonus points (worth $200 in gift cards) after making $1,500 in purchases within the first 3 months of account opening.Here I'll do a detailed review of the Citi ThankYou® Preferred Card Earn 20,000 Bonus Points, one of our best rated Citicards for people who want to earn reward points on their spending, and tell you how this card could benefit you. At Citi's secure siteThings We Like About This CardNo annual fee. You won't have to pay an annual fee for having this Citi card, so it not only saves you money, but also gives you many cardholder privileges.Get 20,000 bonus points after spending $1,500. To receive these 20,000 bonus points, you will have to spend at least $1,500 on purchases during your first 3 months with this card. These 20,000 bonus points can be redeemed for a $200 gift card and other rewards. Enjoy 0% intro APR on purchases and balance transfers for 12 months. After this introductory period you will have a 13.24% - 23.24% variable APR depending on your creditworthiness. A balance transfer fee (3% of the amount transferred or $5 minimum) applies to each balance transfer.Earn 2 ThankYou Points for every $1 spent on entertainment and dining. You will earn double points on all your dining and entertainment purchases.Earn 1 ThankYou Point for every $1 spent. You will receive 1 point for every $1 you spend on all your purchases on this card.Accumulate unlimited number of ThankYou Points. This means you can keep on earning as many points as you like, without the pressure of having to use them right away because you've reached the limit of points you can earn.Your points do not expire.Redeem your ThankYou Points for gift cards, music, cash, travel rewards, electronics, etc, through the Citi ThankYou network. There is such a wide variety of products you can redeem your points for, such as flights, hotels, travel certificates, baby products, health products, sporting goods, books and even towards your student loans or mortgage! If you want cold hard cash, 8,000 points will get you a $50 check. Within 1 to 3 weeks of redemption, you will receive a Cash Rewards fulfillment/confirmation letter and check to your mailing address.Retail Purchase Protection. When you buy things using your Citi Card, most of the items are eligible for protection against theft, fire or accidental breakage of up to $1,000 for up to 90 days from the date of purchase. So you don't have to worry if the store merchant refuses an item exchange!Price Protection. No more worries about overpaying for certain purchases. If you purchase something with your Citi card and then see the item being advertised in print for less within 60 days, you can get a refund for the difference up to $250. This excludes items bought on the Internet and certain other items.Extended Warranty. For most merchandise purchased on your Citi card, the original manufacturers' U.S. warranties (of one year or less) may be extended up to one more year. This is especially useful for electronic products.Auto rental insurance. If you rent a car with this Citi card and damage the car in an accident, you don't have to worry about the cost of repair since this card also includes auto rental insurance.Credit card security services. To make you feel more secure and protected, this card offers excellent security benefits such as $0 Fraud Liability Protection on unauthorized purchases, identity theft solutions, personal photo on card option, fraud and security protection services, lost or stolen card reporting, emergency cash or card replacement, various internet account services, and many more. At Citi's secure siteOur Verdict:We consider this card to be quite remarkable because it is a no annual fee card with a good rewards system through the Citi ThankYou network. As a signing bonus, you get to earn 20,000 bonus points when you make $1,500 in purchases within the first 3 months, which you can use to redeem for a $200 gift card and other rewards. As a cardmember, you can also earn double points when going to concerts, restaurants, sporting events and more. So if you are someone who likes entertainment and dining out, this is something you could appreciate having.In addition to its rewards program, you also get other benefits such as retail purchase protection, price protection and extended warranty on the things you purchase. If you would like to have a rewards card with no annual fee you should consider going for this Citi ThankYou® Preferred Card Earn 20,000 Bonus Points. At Citi's secure siteSee more Citi credit cards.Ivan Daniel is a writer at GET.com, a personal finance website. Email: firstname.lastname@example.org.Editorial Disclosure: Any personal views and opinions expressed by the author in this article are the author's own and do not necessarily reflect the viewpoint of GET.com. The editorial content on this page is not provided by any of the companies mentioned, and has not been reviewed, approved or otherwise endorsed by any of these entities. Opinions expressed here are author's alone, not those of the companies mentioned, and have not been reviewed, approved or otherwise endorsed by any of these entities.