Have a PayPal Rewards card from prior bonus points promo and kept it as a backup CC as it had no annual fee. Just got the following email:
From 16 October 2022, the PayPal Rewards Card will no longer be available and you'll be switched to a Citi-branded Classic Plus Card. The majority of your card features and benefits will remain the same. You will be able to use your Classic Plus Card to spend, and can earn 1 Citi reward Point per $1 spent on eligible transactions. Your fees and charges, including $0 annual fee, won't change as a result of the switch.
Does anyone have a Citi rewards points earning credit card (probably just the regular Citi Rewards card is comparable) and would be kind enough to reveal what the redemption options and rates are for these points?
I've not had a Citi rewards points earning card for a long time and am trying to determine if it's best to redeem the PayPal rewards points before the change over occurs.
It's 2.5 Citi Rewards point for 1 Velocity Frequent Flyer point when I had the card