Jul 25, 2016, 12:23 pm
Last edit by: oopl
7/16: New changes that will take effect on 7/23.
1. The following benefits will be changed effective July 23, 2017:
- Loss of AA Admirals Club Access (Effectively immediately if the account is opened on or after 09/01/2016. See Post 296.
- $0.0125 per each TY points for airfare redemptions at thankyou.com.
- Loss of Complimentary International & Domestic Golf
- 4th Night benefit will be based on the average nightly rate of your complete stay for reservations made on or after July 23, 2017. Taxes will no longer be included within the statement credit.
2. $100 Annual Fee Reduction will be extended to Citi Priority if you are currently a Citigold client and you are impacted by the increase in minimum balance and downgrade.
- 4th night free bookable online at thankyou.com (benefit applied as discount at checkout)
- Cash out TY at 1 cpp
- metal card
- 75,000 TY for $7,500 spend signup bonus
1. The following benefits will be changed effective July 23, 2017:
- Loss of AA Admirals Club Access (Effectively immediately if the account is opened on or after 09/01/2016. See Post 296.
- $0.0125 per each TY points for airfare redemptions at thankyou.com.
- Loss of Complimentary International & Domestic Golf
- 4th Night benefit will be based on the average nightly rate of your complete stay for reservations made on or after July 23, 2017. Taxes will no longer be included within the statement credit.
2. $100 Annual Fee Reduction will be extended to Citi Priority if you are currently a Citigold client and you are impacted by the increase in minimum balance and downgrade.
Citi Prestige benefit and reward changes effective July 23, 2017
Jul 24, 2016, 2:28 am
#151
Join Date: Nov 2013
Location: LAX, LGB, SNA
Programs: AA EXP OWE, DL DM ST+, AS MVPG, UA, BA, WN CP, Hyatt E, Ritz Plat, HH GM
Posts: 3,185
Jul 24, 2016, 4:12 am
#152
Join Date: Nov 2000
Location: Grand Rapids, Michigan
Programs: LatinPass Million Miler
Posts: 261
Benefits available if I apply yet today?
If I apply for the card today through a link that still identifies the benefits as 50,000 TY points, Admirals Club access, etc., do you think I can reasonably expect to get them, at least until they potentially expire next July?
Jul 24, 2016, 8:26 am
#154
Join Date: Jan 2014
Location: TYS/BNA/ATL
Programs: UR, TYP, MR, C1, AA, UA, WN, BA, AS, AV, AC, Choice, Hyatt, IHG, Hilton, Wyndham, Marriott
Posts: 1,978
Jul 24, 2016, 9:11 am
#155
Join Date: Jan 2016
Programs: AA, Hyatt, Marriott, Hilton
Posts: 501
And here I was, looking at other Citi cards to supplement my prestige. These changes help save me the trouble and I'll be looking elsewhere.
Prestige devaluations, no more offers for TYPremier or AccessMore, is it even worth holding on to a citi card anymore with the AA devaluations and a barclay card incoming?
Prestige devaluations, no more offers for TYPremier or AccessMore, is it even worth holding on to a citi card anymore with the AA devaluations and a barclay card incoming?
Jul 24, 2016, 9:37 am
#156
Join Date: Jan 2016
Location: STL
Programs: AA
Posts: 167
And here I was, looking at other Citi cards to supplement my prestige. These changes help save me the trouble and I'll be looking elsewhere.
Prestige devaluations, no more offers for TYPremier or AccessMore, is it even worth holding on to a citi card anymore with the AA devaluations and a barclay card incoming?
Prestige devaluations, no more offers for TYPremier or AccessMore, is it even worth holding on to a citi card anymore with the AA devaluations and a barclay card incoming?
Well, I liked the TYP better than AA miles because of the 1.6 conversion when buying AA tickets. Even if it goes down to 1.33, I think its worth it especially if they come down on the AF. They really shouldn't devalue the card and not lower the AF too. Seems like a bad move.
All in all, I will be keeping my Prestige card as long as the AF comes down to 350 or less. If not, I may cancel as well.
Jul 24, 2016, 10:04 am
#157
Join Date: Jun 2005
Location: DCA
Programs: AA PPro, Mariott Ambassador, B6 Mosaic, SBUX Gold, Best Buy Elite
Posts: 1,838
Just drained my TYP balance buying some AA tickets. might refrain from using the card for the short term until the changes are more clear. go back to CSP.
Jul 24, 2016, 12:17 pm
#159
Join Date: Dec 2009
Posts: 74
And here I was, looking at other Citi cards to supplement my prestige. These changes help save me the trouble and I'll be looking elsewhere.
Prestige devaluations, no more offers for TYPremier or AccessMore, is it even worth holding on to a citi card anymore with the AA devaluations and a barclay card incoming?
Prestige devaluations, no more offers for TYPremier or AccessMore, is it even worth holding on to a citi card anymore with the AA devaluations and a barclay card incoming?
Jul 24, 2016, 12:47 pm
#160
Join Date: Jan 2012
Location: Chicago, IL
Programs: Alaska MVP Gold 75k, AAdvantage Executive Platinum
Posts: 197
Just got an AT&T Access More card; I'll aggressively use that card for TYP for the next year booking AA tickets with those points via the Prestige and then likely cancel both of the cards. Maybe Citi's retention department will be back before next July 
Jul 24, 2016, 1:43 pm
#161
Moderator
Join Date: Jun 2003
Location: Miami, Mpls & London
Programs: AA & Marriott Perpetual Platinum; DL & HH Gold
Posts: 48,958
This is a $450 card that Citi is offering for $200 (or less). They had two choices to make the card sustainable. They could (a) increase revenue by reducing or eliminating the Airline Fee Reimbursement feature -or- (b) they could eliminate or modify other benefits. They chose (b). The nominal annual fee will remain $450 + $50 for Authorized Users.
Jul 24, 2016, 2:45 pm
#162
FlyerTalk Evangelist
Join Date: Aug 2009
Location: ZOA, SFO, HKG
Programs: UA 1K 0.9MM, Marriott Gold, HHonors Gold, Hertz PC, SBux Gold, TSA Pre✓
Posts: 13,811
Jul 24, 2016, 2:56 pm
#163
Join Date: May 2010
Location: AZ
Programs: AA Million Miler, Bonvoy Lifetime Gold, Global Entry
Posts: 246
Not me. I was amazed Costco was able to negotiate such a great deal for a card with no annual fee. 4% cash back on gasoline, 3% on travel, 2% on Costco purchases and 1% for everything else. And this is cash that comes back not points that can be devalued or hard to use. Compare this to Fidelity who was only able to negotiate 2% cash back on everything with no fee.
I had the Prestige fee for the Admirals Club Access and redemption bonus on AA where I am lifetime Gold. Without those benefits I am unlikely to pay $200 net for this card next year.
I had the Prestige fee for the Admirals Club Access and redemption bonus on AA where I am lifetime Gold. Without those benefits I am unlikely to pay $200 net for this card next year.
Jul 24, 2016, 3:01 pm
#164
FlyerTalk Evangelist
Join Date: Aug 2009
Location: ZOA, SFO, HKG
Programs: UA 1K 0.9MM, Marriott Gold, HHonors Gold, Hertz PC, SBux Gold, TSA Pre✓
Posts: 13,811
Given the current climate, do you seriously think Citi/Costco won't downgrade the CB ratio?
Jul 25, 2016, 11:20 am
#165
Original Poster
Join Date: Jun 1999
Location: NYC/LA
Programs: DL Plat, AA Plat Pro, Marriott Titanium, IHG Diamond Amb
Posts: 7,487
Thanks for the early heads up. Gary from VFW has posted that these changes (devaluation of TYP for airfare purchases to 1.25 cents/point for all airlines, loss of golf benefit, and adjustment to fourth night hotel free benefit) have been confirmed to him by Citi, effective 7/23/17.