I Prefer hotels to book with Citi points before devaluation
Last month, Citi ThankYou Rewards announced that it would be devaluing its hotel transfer partner, I Prefer Hotel Rewards, starting April 19. Instead of transferring points at a ratio of 1:4* — so for every 1,000 ThankYou Rewards points transferred, you get 4,000 I Prefer Hotel Rewards points — you’ll get a ratio of 1:2….
