Citi Prestige Card — Full Review [2023]

Name: Citi Prestige Card — Full Review [2023]
Item: Citi Prestige Card
Rating: 4.26
Author: Alex Miller

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"For the luxury traveler!"

Complimentary lounge access, fourth-night free hotel stay, an annual travel credit, and strong point-earning make the Citi Prestige card a great option.

Alex Miller

- Updated: February 21, 2023, 11:41am CST|

2Comments

The information for the Citi Prestige® Card has been collected independently by Upgraded Points and not provided nor reviewed by the issuer.

The Citi Prestige® Card is an excellent all-around premium travel rewards card. With 4 different bonus categories to help you earn points, a $250 travel credit each year, complimentary lounge access, and more, there is tons to love about the Citi Prestige card.

Update: At this time, the Citi Prestige card is no longer available for new applicants.

Pros

5x points per $1 on purchases at airlines and travel agencies
5x points per $1 on dining
3x points per $1 on purchases at hotels and cruise lines
1x point per $1 on all other purchases
$250 annual travel credit (can also be applied to supermarkets and dining purchases in 2022)
Complimentary Priority Pass lounge access
Annual fourth-night free hotel booking
Access to Citi transfer partners
Global Entry/TSA PreCheck credit
Cell phone insurance

Cons

$495 annual fee
Doesn’t offer travel protections

Citi Prestige Card — Snapshot

Welcome Bonus & Info (Partner Content)
- $250 Air Travel Credit each year, and receive a statement credit, up to $100 every 5 years, as reimbursement for your application fee for Global Entry or TSA Pre √. Through December 2022, supermarket and restaurant purchases will also count towards the $250 Travel Credit.
- Fourth-night hotel benefit for any hotel stay at hotels booked through the Citi Prestige Concierge; up to 2 times per calendar year
- Transfer points to a variety of travel loyalty programs from airlines to hotels
- Earn 5x points on air travel
- Earn 5x points at restaurants
- Earn 3x points on cruise lines and hotels
- 1 ThankYou Point per $1 spent on other purchases
Card Categories:
- Credit Card Reviews
- Best Travel Credit Cards
Rewards Center
Citi ThankYou Rewards
Customer Service Number
888-248-4226
Login Link
https://online.citibank.com
Related Articles

Great Card If

You fly often and want airport lounge access
You want a card that earns transferable rewards
You don’t mind paying a higher annual fee for more benefits

Don't Get If

You won’t use the perks
You don’t travel much

Citi Prestige Card — Fees

Foreign Transaction Fees
None
Interest Rates
- 17.99% - 25.99% Variable
Late fees
- Up to 29.99% Variable Penalty APR
Balance Transfers
- 17.99% - 25.99% Variable
Cash Advance APR
- 27.49%

The Ideal Cardholder

Businessman unwinding with laptop on bed — If you’re the work hard, play hard type then you may want to consider the Citi Prestige card. It’s a great card in the luxury travel space that offers tons of great benefits and earns lots of points! Image Credit: Blend Images via Shutterstock

Earning Categories

Earn 5x points at airlines, travel agencies, and dining, plus 3x at cruise lines and hotels. You’ll earn 1x points on all other purchases.

Your points are good for the ThankYou Rewards program and never expire. Earn as many points as you want to because there’s no cap!

Citi Prestige Card Travel Benefits

Travel abroad without the headache. There’s no foreign transaction fee when you use the card (a 3% savings by itself), and global transactions are seamless because it has an EMV chip.

The $495 annual fee is the biggest consideration, but it’s largely offset by a yearly airline travel credit of $250. This can apply to the cost of a ticket or any flight-related expenses charged to the card, including award taxes and fees, baggage fees, and more.

update: Through December 31, 2022, the $250 travel credit can also be applied to supermarket and restaurant purchases.

Still, the annual fee is steep, separating the serious spenders from the crowd.

Travel is made a luxury since the card provides complimentary access to hundreds of VIP lounges through Priority Pass Select (complimentary Be Relax Spa treatment, anyone?).

You also get a $100 credit for the Global Entry application fee. Once the U.S. government approves your application, you can bypass long lines and enjoy expedited entry into the country.

Bottom Line: A $250 airline travel credit helps offset the steep $495 annual fee of the Citi Prestige card. Also enjoy zero foreign transaction fees, a Global Entry fee credit, and complimentary Priority Pass access!

Other Benefits of the Citi Prestige Card

Book a stay of 4 consecutive nights at any hotel (you choose!) and get the fourth night for free! The free night appears as a credit on your statement.

Enjoy 24/7 access to a global concierge team for help making trip arrangements, purchasing tickets, and booking exclusive events and dining experiences anywhere in the world.

Plus get access to exclusive events through Citi ThankYou Events and Citi Private Pass Beyond. You’ll have the opportunity to attend private concerts, sporting events, and red carpet experiences!

Bottom Line: A free fourth-night stay and other perks make the Citi Prestige card an attractive option.

Best Way To Maximize Citi ThankYou Points

As we mentioned above, you can earn points for things outside of what you may normally consider with some American Express Membership Rewards cards or Chase Ultimate Rewards cards.

If you want to get the most out of your Citi Prestige card, read on. We’ve created a list that spells out the best ways to use your card and earn lots of Citi ThankYou Points.

Tip #1: Clearly, the top strategy for banking points with this credit card is to use it for all of your purchases.

Tip #2: Book all your air travel and hotels with the card so you get 3x points. The rules state your tickets must be purchased from a merchant that provides air travel, so that includes sites like Kayak and Orbitz.

That means you can use your Google Flights results and get points for them, along with your ITA Matrix bookings if you’re using BookWithMatrix.com.

Tip #3: Make sure to also use the card for entertainment and restaurant purchases to get your 2x points.

Entertainment is a huge category that includes places like movie theaters, amusement parks, tourist attractions, sports promoters, theatrical promoters, and even record stores.

As far as restaurant spending, you can get a ton of points when you are dining with friends or colleagues. Just put all of the charges on your card, and the rest of the party can reimburse you with cash.

Tip #4: Even though other spending only gets 1x points, it can still add up. After all, the people who use the card are most likely higher spenders.

Putting all of your monthly expenses on the card will help you accumulate points steadily.

Tip #5: Add authorized users to the card. It will cost you $50 a pop, but the extra points from their purchases are likely to far outweigh the cost.

Tip #6: Enroll your Citibank banking account in ThankYou Rewards and earn extra points. If you don’t have a checking account with Citi, open one to participate.

After setting up the account, you need to make 2 consecutive monthly bill payments and keep the account open for 5 months to ensure you receive the points. Find out how many points you earn per account package here.

Tip #7: Another reason to consider being a Citigold banking member?

Citi Prestige cardholders who are also Citigold or Global Client Banking members receive an additional 15% bonus on ThankYou Points earned during the year. Private Bank clients get 25%!

Businesswoman at computer and customer at desk — Do your banking through Citibank and you will earn bonus points on all the Citi ThankYou Points you rack up throughout the year! Image Credit: Jeanette Dietl via Shutterstock

Best Way To Redeem Citi ThankYou Points

With so many great ways to redeem Citi Prestige card points, it can be a little overwhelming.

We created a list of tips to ensure you get the most value out of your points when you redeem them. You can also check out this post for even more advice about maximizing Citi travel rewards.

Tips for Redeeming Citi ThankYou Points

Tip #1: Sometimes you will find a better deal transferring points directly through airline or hotel transfer partners. For this reason, it’s important to compare prices between the Citi ThankYou Travel Center and the airline partners.

Points must be transferred in 1,000 point increments, and there is a maximum of 500,000 ThankYou Points per transfer.

Also, watch for promotional periods that give you the best redemption for your Citi ThankYou Points. For example, Citi ThankYou has offered a 25% bonus for transferring points to Flying Blue.

Tip #2: Redeem ThankYou Points for gift cards and merchandise from a variety of online retailers.

Shop with Points allows you to link your Citi ThankYou loyalty account to sites like Live Nation, Amazon.com, and Expedia so you can pay with the points you’ve earned.

Pay with Points makes it easy to spend your points on purchases with Best Buy and Wonder online or directly through their apps.

You make the payment with your card and then receive statement credit within 24 to 48 hours.

Tip #3: Technically, it’s not about points redemption, but wait until you hear about this card feature that reduces your balance for free!

Select and Credit allows you to get statement credit for purchases you’ve already made!

With eligible categories including groceries, gas, utility bills, clothing, department stores, dining, and entertainment, your chances of qualifying are high.

Tip #4: Pay your bills online using points (or a combination of points and cash) in just a few clicks. All you need is an enrolled Citibank checking account.

Tip #5: Show your charitable side with PointWorthy. Once you enroll, you can browse non-profits approved by the IRS and make a donation with your ThankYou Points.

You can also make donations with your card and earn points for every dollar you donate.

Alternative Cards to the Citi Prestige Card

Besides the high annual fee, the card has a few other drawbacks.

For instance, there are a limited number of Citi ThankYou airline and hotel transfer partners when redeeming your points. Additionally, you don’t get additional bonus points for adding authorized users.

If you want an alternative, we recommend the Citi Premier® Card. For a considerably lower $95 annual fee, you’ll get 3x points on all air travel and hotels, plus supermarkets, gas stations, and dining.

Featured Image Credit: Citi

Frequently asked questions

What is the Citi Prestige card?

It is a credit card for active travelers who want access to luxury benefits. Cardmembers earn ThankYou Points that can be redeemed for travel, merchandise, and other rewards.

What are the Citi Prestige card benefits?

Benefits include a $250 airfare credit each year and a $100 credit for the Global Entry application.

Cardmembers also get a fourth-night free when booking a minimum 4-night stay through Citi Prestige Concierge and complimentary access to hundreds of VIP airport lounges through Priority Pass Select.

How do I redeem Citi Prestige card points?

Redeem Citi ThankYou Points through thankyou.com for travel, merchandise, gift cards, and more.

When do Citi Prestige card points expire?

Citi points have no expiration. You can also earn as many as you’d like because there is no limit.

What is the Citi Prestige card made out of?

The card is made of plastic but has an intricate design that places the magnetic strip on the front.

What is the annual fee for the Citi Prestige card?

The annual fee is $495. However, you also receive a $250 travel statement credit, which helps offset the cost.

About Alex Miller

Alex has been traveling for over 25 years and from a young age was lucky enough to set out on numerous family trips all over the world, which gave him the travel bug. Alex has since earned tens of millions of travel points and miles, mainly through maximizing every opportunity to earn the most points possible on each dollar spent.

Richard January 18, 2020
This article is woefully out of date. Citi has eliminated very single travel protection feature listed in the article. The Prestige does not even offer car rental protection, which even no annual fee cards have. The 4th night free benefit requires you to prepay your booking through the Citi travel agency portal at much higher prices than if you book with the hotel directly. That means your elite status is not recognized and you don’t earn points for the stay. Many times the 4th night free booking is more expensive than booking direct and paying for all four nights. The Prestige came out in 2015, and since that time it has been one devaluation after another. Stay away from this product.
- Jarrod West January 20, 2020
  Hi Richard,
  Thanks for pointing that out. We have this article queued up for a full update.
  Thanks for reading!

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