Comments on: Citi Forward Credit Card Review: Rewarding Responsibility

By: Ryan

Ryan — Tue, 30 Jun 2009 00:59:09 +0000

Does the Thank You Rewards Network frequently change? It didn’t look like the student loans for a 100 to 1 relationship in terms points to dollars – only decent gift card I saw was the Chili’s ones. Does anyone have any comments on how this rewards network changes?

By: My Journey

My Journey — Thu, 30 Apr 2009 16:31:22 +0000

I am in pay down the CC Debt mode, but will be looking for a card afterwards. These seems like a good option – good rewards and perks for just doing what I should do (pay every month).

If CCs pick up on this trend I bet their earnings will increase – although Visa had no problems with earnings yesterday lol

By: Jim

Jim — Wed, 29 Apr 2009 12:10:57 +0000

Sounds just like it, except there are a bunch of little added enticements.

By: Jim

Jim — Wed, 29 Apr 2009 12:10:37 +0000

As long as it’s a ThankYou rewards card, just call (in fact, you are required to call) and they will send you a check.

By: DR

DR — Wed, 29 Apr 2009 10:35:50 +0000

Jim, how do you convert the points to student loan payments? Does that work with any other cards?

By: Eric

Eric — Wed, 29 Apr 2009 07:11:04 +0000

Sounds similar to my mtvU card already…doesn’t it Jim?

By: Jim

Jim — Tue, 28 Apr 2009 23:16:15 +0000

OK thats good if you’ve got student loans. But I don’t have any loans. I browsed around the site and I see that you can also get $100 gift cards for 10,000 points. So thats equivalent exchange. But its limited to certain retailers.

5 points for restaurants is a very high reward rate for that category. So thats a good benefit of this card if you eat out much.

By: Jim

Jim — Tue, 28 Apr 2009 22:01:45 +0000

I can convert them into student loan payments at that rate so that’s how I arrived at that number.

By: Jim

Jim — Tue, 28 Apr 2009 21:58:35 +0000

How do you figure that 5000 ThankYou points is worth $50? Ard you looking at redeming the points for products? Cash rewards are less. The ThankYou.com website says that cash rewards are $50 statement credit for 7500 points. Or $50 straight cash is 8000 points.

By: Jim

Jim — Tue, 28 Apr 2009 21:36:30 +0000

Yikes, you’re right, I made the corrections.

By: Luke

Luke — Tue, 28 Apr 2009 21:00:33 +0000

Jim,

I think you meant to say 5,000 points is worth $50 and 6,000 points is worth $60. And I thought that the 6,000 points was awarded after $50 in purchases were made.

Anyway, I have the card and along with my Driver’s Edge Card they seem to really increase my Thank You points in a hurry.