Originally Posted by
joe_miami
You keep saying the bolded part without any evidence to back it up. The Prestige can't simultaneously be the least appealing to the FlyerTalk crowd and the most expensive for the issuer. The 4NF benefit almost assuredly comes close to paying for itself via hotel commissions.
So you're saying the commission from the hotel covers almost the entire cost of the 4th night free benefit?
The net AF on this card was $200 after the $250 airline credits.... An unlimited 4th night free hotel card for $200/year (plus points earnings, Priority Pass, trip cancellation/interruption insurance, lost ticket insurance, etc.). I doubt Citi was making a lot of money, but was most likely taking a loss from this card, which is why they pulled it.
We would like to know your theory as to why Citi pulled the card then? I guess pulling benefits, and ultimately, the entire card itself was just a random act right? Sure thing.