Citi slashing cash back redemption on Strata Premier card

Cardholders of the Citi Strata Premier℠ Card just got some negative news. Thanks to FrequentMiler for breaking the news. Many Citi Strata Premier cardholders today received an email indicating that the cash back redemption of their ThankYou points will be reduced from 1 cent per point to 0.75 cents per point. This change goes into…