Jan 31, 2019, 2:14 pm
Last edit by: mia
Accepting applications as of 1.31.2019 50,000 points for $4,000 spend in 90 days:
https://www.citi.com/credit-cards/credit-card-details/citi.action?ID=citi-prestige-card#ddl-pricinfo
Bonus ThankYou Points are not available if you received a new cardmember bonus for Citi Rewards+℠, Citi ThankYou® Preferred, Citi ThankYou® Premier/Citi Premier℠ or Citi Prestige®, or if you have closed any of these cards, in the past 24 months.
https://www.citi.com/credit-cards/credit-card-details/citi.action?ID=citi-prestige-card#ddl-pricinfo
Bonus ThankYou Points are not available if you received a new cardmember bonus for Citi Rewards+℠, Citi ThankYou® Preferred, Citi ThankYou® Premier/Citi Premier℠ or Citi Prestige®, or if you have closed any of these cards, in the past 24 months.
Citi Prestige USA refresh: 5X Air,Dine; 3X Hotel,Cruise; Hotel 4NF capped 2X/yr; $495
Oct 25, 2018, 5:31 pm
#91
Moderator
Join Date: Jun 2003
Location: Miami, Mpls & London
Programs: AA & Marriott Perpetual Platinum; DL & HH Gold
Posts: 48,952
Oct 25, 2018, 5:46 pm
#92
Join Date: Sep 2014
Posts: 777
Could be wrong, but believe Citi keeps very close tabs on their account holders. It may vary by card held, but generally those who meet or exceed whatever standard of credit worthiness applies to a particular card get best APR, and or offers at same.
This is true for all cards of course, but Citi does seem IMHO to strictly adhere to set parameters.
This is true for all cards of course, but Citi does seem IMHO to strictly adhere to set parameters.
Oct 26, 2018, 9:33 am
#94
Join Date: Aug 2017
Programs: Hilton Diamond, IHG Spire Ambassador, Global Entry
Posts: 2,825
Far as US market is concerned only about 30% (IIRC) of consumers with credit cards carry a balance from month to month. The remaining 70% are a mix of those who pay off balances entirely each month, leave cards inactive for long periods, and or use cards strategically to suit their purposes (points, zero percent balance transfers, and other rewards).
This leaves CC issuers to come up with ways to get card the more desired credit demographics to use their product. Sub-prime card holders may generate interest each month from all that unpaid carry over balances, but they also represent a higher default risk. As you move up the food chain from that group to the better cards the array of *rewards* or whatever increases. Again all to get holders to use that particular card, even if they pay off the balance each month.
This leaves CC issuers to come up with ways to get card the more desired credit demographics to use their product. Sub-prime card holders may generate interest each month from all that unpaid carry over balances, but they also represent a higher default risk. As you move up the food chain from that group to the better cards the array of *rewards* or whatever increases. Again all to get holders to use that particular card, even if they pay off the balance each month.
Another portion of this is that VISA/Mastercard have been able to make an agreement to the merchants that says you must take all of our cards the same. As the premium CC business has grown, they have been able to sneak in higher exchange fees for premium cards like VISA Infinite. Retailers are currently fighting this one, hard. This is a big deal to those in the premium game.
Oct 27, 2018, 8:02 pm
#96
Join Date: Apr 2010
Posts: 309
Will keep
I will keep the Prestige card. Citi Rewind still saves me 1000 a year. I also appreciate their merchant dispute process, which is online, easy to use, and has always worked in my favor.
I do regret the loss of the unlimited 4th night free as it has saved me thousands. The trip delay was also great when it lasted, particularly for those who read and were able to understand the benefit guide.
Having said that, I would have switched to the Hilton Aspire, but that is an Amex which is not dependable abroad. AMEX also continues to have terrible customer service.
I do regret the loss of the unlimited 4th night free as it has saved me thousands. The trip delay was also great when it lasted, particularly for those who read and were able to understand the benefit guide.
Having said that, I would have switched to the Hilton Aspire, but that is an Amex which is not dependable abroad. AMEX also continues to have terrible customer service.
Oct 28, 2018, 7:16 pm
#97
Join Date: Dec 2004
Location: SFO
Programs: BART Platinum, AA Plat Pro
Posts: 1,158
By all means keep it if the math works out for you. But keep in mind that neither of those is a reason to keep the Prestige specifically. All Citi cards have price rewind, including the no AF Double Cash, and the merchant dispute process will be the same as well.
Oct 29, 2018, 4:00 pm
#98
Join Date: Oct 2010
Location: San Diego, Ca
Programs: AA 2MM LT PLT; AS MVP Gold75k; HHonors Diamond; IHG PLT
Posts: 3,502
Elimination of 1.25x rede
Does the elimination of 1.25x redemption for airfare on the TYP portal apply just to Prestige, or all TYP products (Premier as well)?
Nov 1, 2018, 10:47 am
#99
Join Date: Feb 2017
Posts: 11
I don't get it.
$495 AF.
$250 Travel Credit
$245 AF.
If you never use the card except to get $250 travel credit and use it for two stays a year that average to at least $150/night, why wouldn't you sign up for the card?
I travel internationally every year, with at least two 4 night stays in different cities.
This is the one card I'd just consider having as the credits will always be > than the AF. Even if you have the plat and csr.
$495 AF.
$250 Travel Credit
$245 AF.
If you never use the card except to get $250 travel credit and use it for two stays a year that average to at least $150/night, why wouldn't you sign up for the card?
I travel internationally every year, with at least two 4 night stays in different cities.
This is the one card I'd just consider having as the credits will always be > than the AF. Even if you have the plat and csr.
Nov 1, 2018, 11:43 am
#100
Join Date: Jun 2017
Location: SEA/NYC/IAD
Programs: UA 1K, Marriott Titanium, Hyatt Explorist
Posts: 1,916
I don't get it.
$495 AF.
$250 Travel Credit
$245 AF.
If you never use the card except to get $250 travel credit and use it for two stays a year that average to at least $150/night, why wouldn't you sign up for the card?
I travel internationally every year, with at least two 4 night stays in different cities.
This is the one card I'd just consider having as the credits will always be > than the AF. Even if you have the plat and csr.
$495 AF.
$250 Travel Credit
$245 AF.
If you never use the card except to get $250 travel credit and use it for two stays a year that average to at least $150/night, why wouldn't you sign up for the card?
I travel internationally every year, with at least two 4 night stays in different cities.
This is the one card I'd just consider having as the credits will always be > than the AF. Even if you have the plat and csr.
Nov 1, 2018, 9:17 pm
#101
Join Date: Feb 2013
Location: Southern California
Programs: American Airlines
Posts: 88
Citi Prestige
This card in my opinion is going to "slaughter" the competition. 5X on Airfare & Dining; 3X Hotel & Cruises, a general travel credit of $250.00 and 2X free nights a year, where if you play your cards right with the right hotel, at the right time, can deliver value at a min., of $1000.00 savings? What other super premium rewards card earn at those rates? You might lose the 25% points redemption, but transfers yield the best value anyway. These changes will definitely put the Prestige at the top of the "food chain" or the best performer in its" class if true.
Nov 2, 2018, 12:58 am
#102
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
Sorry but your opinion is worth nothing when the card is issued by Citi.
It is a matter of when the card will be discontinued for good. In the alternative, significant benefit reduction.
Citi is cheap. End of story.
It is a matter of when the card will be discontinued for good. In the alternative, significant benefit reduction.
Citi is cheap. End of story.
Nov 2, 2018, 9:00 am
#103
Join Date: Feb 2013
Location: Southern California
Programs: American Airlines
Posts: 88
Sorry but your opinion is worth nothing when the card is issued by Citi.
My opinion maybe isn't worth anything to Citi, but it for sure is worth a whole lot more to me hence what ever benefits the card and Citi will offer, I will take advantage of them, be it short term or long term.
It is a matter of when the card will be discontinued for good. In the alternative, significant benefit reduction.
Again, be it short term of long term, I am going to benefit from the card. If and when Citi reduces the benefits of the card based on your "official reports" I'll re-review the product to determine if the benefits suit my needs.
Citi is cheap. End of story.
My opinion maybe isn't worth anything to Citi, but it for sure is worth a whole lot more to me hence what ever benefits the card and Citi will offer, I will take advantage of them, be it short term or long term.
It is a matter of when the card will be discontinued for good. In the alternative, significant benefit reduction.
Again, be it short term of long term, I am going to benefit from the card. If and when Citi reduces the benefits of the card based on your "official reports" I'll re-review the product to determine if the benefits suit my needs.
Citi is cheap. End of story.
BIG HUG
Nov 3, 2018, 12:34 pm
#104
Join Date: Apr 2010
Posts: 309
Your statement assumes that Citibank treats merchant disputes on all cards the same. I do not make this assumption.
Nov 3, 2018, 4:33 pm
#105
Join Date: Dec 2011
Location: DTW
Programs: TK E+, WY, Radisson R
Posts: 2,360
This card in my opinion is going to "slaughter" the competition. 5X on Airfare & Dining; 3X Hotel & Cruises, a general travel credit of $250.00 and 2X free nights a year, where if you play your cards right with the right hotel, at the right time, can deliver value at a min., of $1000.00 savings? What other super premium rewards card earn at those rates? You might lose the 25% points redemption, but transfers yield the best value anyway. These changes will definitely put the Prestige at the top of the "food chain" or the best performer in its" class if true.
Here's an example of how lucrative this can be, Turkish Airlines, US-Asia business class for $2800 USD, you'll earn 14K points/miles from spend, add 32K miles from flights, that's more than 45K miles, enough for get 1 way , US/Canada - Europe Business Class saver award.