Citibank Is Slashing Points Transfers To Two Partners April 19 — One Drops 25%, The Other 50%

Citibank is devaluing points transfers to two of their partners effective April 19, 2026. Premium ThankYou Rewards cards will see a worse transfer rate to Choice Privileges and to Preferred Hotels I Prefer starting at that time. Currently 1,000 ThankYou Rewards Points transfer to 2,000 Choice Privileges points. Effective April 19, that rate will be cut by 25% to 1,500 Choice Privileges points. Cur