First the Thank You network got rid of the 5,000 points for a 50 dollar card. It became 6,000 points for a 5,000 card. They then got rid of the extra points for shopping at certain places. This pattern continued on with everything.

The bottom line is they now want 14,000 points for a $100 prepaid credit card which is 1% back and then asking for $140 dollars for a $100 card.

I also noticed what a ripoff their products are. I looked at the on sale section and they have the Tiger Woods Golf for the 360 on sales for 9800 points, They are asking $100 for a game that costs 49.99 in all stores.

I cashed all my points out each year in September or October to make sure none would expire.

For some reason this year, even though I have spent more money, I have less points and my balance went down.

I have received less than 0.25% of my purchases in points and no one at Citibank or the Thank You Network can explain.

I just cashed out $220 worth of points and got $150 worth of gift cards.

I cancelled my citibank card today and applied for an Amzaon Credit Card. The Amazon card supposedly offers a minimum of 1% on all purchases and 2% on gas, food, office supplies. They give you a $25 Amazon Gift Card every time you get 2500 points.

I am switching to this because it is at least fair at this point and time, Amazon does have low prices and I am tired of getting ripped off by CItibank.

I told Citibank that I hope they go bankrupt and they are ther worse credit company I have ever dealt with.

MY advice is to avoid them like the plague and find another reward card.

Dean

PS: I am NOT recommending the Amazon Visa. It just happened to appear to be a much better deal to me and cannot be worse than Citibank. Nothing can be worse than Citibank.