Citi cancels 5X earnings | Coffee Break Ep108 | 6-2-26
Frequent Miler on the Air
Frequent Miler
4.9 • 638 Ratings
🗓️ 2 June 2026
⏱️ 16 minutes
🧾️ Download transcript
Summary
There have been some negative changes coming out of Citi that we'll be talking about in today's podcast episode.
(00:43) - Citi Custom Cash® Card discontinued for new applications, but it may still be possible to product-change to it
You can read more about this discontinuation here.
(01:16) - Citi Custom Cash® Card details
(04:23) - Citi had been on a roll...
(04:42) - Citi points have been declining in value
You can read about some of the negative Citi changes here
(05:16) - But still has excellent options
(06:33) - Is it worth going out of one's way to get Citi Citi Custom Cash® Card while it's available for product changing?
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Music Credit – “Ocean Deep” by Annie Yoder
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Transcript
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| 0:00.0 | This is a Voyescape podcast. |
| 0:03.9 | You can find all of our travel podcasts from around the world at voyescape.com. |
| 0:11.1 | Today's coffee break. |
| 0:12.9 | City cancels 5X earnings. |
| 0:16.0 | Welcome to Frequent Milers Coffee Break, where we focus on a single topic related to miles and points. |
| 0:21.3 | Each coffee break is limited to 20 minutes or less or your money back. |
| 0:27.2 | I've been on vacation for a few weeks, and while I've been sort of missing from the points in |
| 0:34.4 | miles world, the rest of the points in miles world did not go on |
| 0:38.3 | vacation. And so stuff happened and some negative stuff. What's going on with city? |
| 0:44.8 | Yeah, I mean, we wish that some of city's rewards team had taken a vacation too because, |
| 0:49.5 | well, they were busy working and they were working on some negative changes. So the city custom cash card has now been discontinued for new applications. |
| 0:58.8 | You can no longer get it as a new card, though it may still be possible to product change to it. |
| 1:06.0 | We don't know if or when that will end. So it's possible it'll end even before this publishes. But at least as |
| 1:13.6 | of the time of recording, which is after they discontinued the card for new applicants, it has |
| 1:18.8 | still been possible to product change to it. So what was the custom cash and why do we care about it? |
| 1:25.1 | Let's go over the quick. So the custom cash was a card that earns City Thank You rewards points. |
| 1:34.1 | And it was a way to earn five points per dollar for some compelling categories of spend. |
| 1:42.1 | So basically it's a no annual fee card. It earns 5x on purchases in your top |
| 1:49.4 | spend category, each billing cycle, up to $500 of spend, but only in like select categories. |
| 1:58.4 | So those are restaurants, gas stations, grocery stores, drugstores, |
| 2:02.5 | and then several other ones. And I highlighted the ones that are kind of like, the ones I think |
| 2:07.8 | most people would probably have not much trouble spending $500 per billing cycle in those areas, |
... |
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