And… ding, ding, ding, ding. This was exactly the card I was referring to when I said
certain Citibank Thank You Network-linked cards have specific advantages on certain kinds of spend that win me over
The person who first turned me on to this option asked me not to post about it, and I’ve honored that. But since a commenter brought up the card and even linked to a relevant FatWallet discussion here on my blog I think it’s a bit more fair game.
During the first year of cardmembership the Citi Drivers Edge Mastercard offers a 6% rebate on purchases at supermarkets, drugstores and gas stations. (And it’s churnable, so after the first year or after hitting the earnings cap you can sign up for the card again.)
That 6% is matched by the miles you drive on a vehicle registered with the card, so you can earn up to 12% on these purchases. And the points will transfer to a Citi Thank You Points account.
The commenter asks,
as far as spending them, i’d also like to hear what the big G uses them for
Quite simple, really. Convert to Thank You Points and used with the fixed points redemption chart where you can get up to 3 cents a point in value… thus yielding up to 36% back on gas and groceries.
Not all Thank You Points accounts are eligible for fixed point redemption any longer, but accounts through Expedia are so anyone can still get in that part of the deal.