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(Update: Workaround confirmed) Citi to cut cash back redemption rate to 0.75c per point for Strata Premier & Prestige

Summary by Frequent Miler
Update 5/21/25: Dan’s Deals has confirmed with Citi that this devaluation will only apply to Citi Strata Premier and Prestige cardholders if those are the only cards they have other than co-branded cards. If you have a Double Cash and/or a Custom Cash card, you’ll still be able to redeem your ThankYou points at a 1 cent per point value. ~ Many Citi Strata Premier cardholders have received an email indicating that cash back redemptions are going …
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Frequent Miler broke the news in on Wednesday, May 21, 2025.
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