Citi has been constantly updating and restructuring their ThankYou Rewards program in order to make sure their customers get the best experience with the bank as they can. Their latest changes allow members to not only access new merchants for rewards, but also transfer points to other members.

Earlier this year, Citi (NYSE:C) introduced their ThankYou credit cards offering 1 ThankYou point per $1 spent on purchases at supermarkets, drug stores and gas stations. For the first 12 months the card offers 2 points for every dollar spent. One of the perks of the Citi ThankYou® card is that there is no limit on the number of points you can earn, you just need to make a purchase once every 12 months to make sure they don’t expire. To learn more about the Citi ThankYou® Preferred Card, visit the product page.

Citi ThankYou® Adds Best Buy

Citi has just launched a new relationship with Best Buy in order to provide more opportunities for customers to save on electronics and more. According to Terry O’Neil, the Executive Vice President, North American Cards, Citi, “Our priority is to focus on benefits and rewards that are compelling to our members and enhance the overall ThankYou experience. Direct feedback from our members played a key role in shaping these latest enhancements. We look forward to continuing the partnership with our members in order to build upon the many exciting opportunities to enjoy earning and redeeming ThankYou Points.”

As of yesterday, ThankYou Points can now use their points at Best Buy and to get special products featured. To see the rewards collection, visit where all the participating merchants will be displayed.

Share Points with Friends and Family

Another big feature Citi is excited about rolling out is the ability for points to be shared among members. The ThankYou Points Transfer feature allows members to give points as gifts so that their friends and family, providing they are ThankYou Points members, can now redeem points at a faster pace.

Citi had already positioned their ThankYou Program as way to win over customers when they added social gaming products to their ThankYou rewards program. Are you a ThankYou points member? What do you think of the program? Share with us in the comments section:

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