$50 Amazon Gift Card for 4,900 Citi ThankYou Points

For a limited time, Citi is offering $50 gift cards to Amazon.com for only 4,900 ThankYou points. That means you’ll get slightly better than a penny’s worth of credit at Amazon for each point.

To redeem your ThankYou points for Amazon.com credit, you can visit this link or just go to thankyou.com and search for “Amazon” as the reward keyword. You can only have one Amazon gift card in your shopping cart at a time, so if you want to get more than one card, you’ll need to check out first before repeating the process. The gift certificate will be emailed to you as a code which can then be applied to your Amazon.com account.

While this is definitely one of the better redemption options for ThankYou points available, it should be noted that you can get a better value for your points if you have a Citi ThankYou Premier card. Citi ThankYou Premier cardholders also have the option of redeeming their points towards flights in the Citi ThankYou Travel Center, where each point can be redeemed for 1.33 cents of credit.

This Amazon gift card offer is slated to run through October, but inventory goes fast. So if you’re interested in taking advantage of it, it would be best to redeem your points sooner rather than later.