Citi ThankYou Points Getting Slashed for Choice Hotels and I Prefer Transfers in April

Citi is cutting transfer rates to two hotel partners effective April 19, 2026. Choice Privileges transfers drop 25% (from 1:2 to 1:1.5 ratio) and I Prefer drops a massive 50% (from 1:4 to 1:2). Transfer your points before April 18 to lock in today's better rates.