Update added by user Apr 02, 2012
I thought that Citibank might respond since I have been a customer for many years and still am. I have not received any response from them. I have cut back 90% on my business with them.
Original review posted by user Mar 01, 2012
If you look at their material, "Thank You Rewards or any portion thereof may be revised or terminated with 30 days prior written notice."
I had a Citi Bank Air mile card . When I signed up they told me my miles would be there forever until I needed them. Citi Bank terminated over a1,000 air miles of mine without any kind of compensation. Of course my wife and I had to have enough air miles for a round trip before we could use them.After they canceled our air miles, Citi Bank started another card that you can use for air trips. Citi Bank converted our card over to the new card. They say the points you earn are there until you need them unless you read the fine print.
If Citi Bank gets to many points out there, they can just give 30 day notice and wipe out your bonus points at no cost to Citi Bank.
I wonder how much money they saved when they terminated everyone's outstanding air miles???!!!
Thanks very much for your support.Eugene Toleman
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