For a limited time, you can earn 60,000 bonus ThankYou® Points after you spend $4,000 in purchases within the first 3 months of account opening with the Citi Premier® Card. Those points can be redeemed for travel worth $600 that is booked through Citi ThankYou Rewards as well as cash back and some other rewards. Most importantly they can be converted to 20 airline and hotel partners. Most of those transfers are 1:1 so this bonus is equal to 80,000 points for programs like Air France KLM Flying Blue, Cathay Pacific Asia Miles, Qatar Airways Privilege Club and Singapore Airlines KrisFlyer.
The card provides a 3 points per dollar earn rate for purchases made at restaurants, supermarkets, gas stations, air travel and hotels. All other purchases on the card earn 1 point per dollar.
It also provides an annual savings benefits and no foreign transaction fees when you make purchases that are not in USD.