Back in Business – Citi Prestige Applications Are Live, But the Bonus Isn’t What I Was Hoping For

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Back in Business – Citi Prestige Applications Are Live, But the Bonus Isn’t What I Was Hoping For

Jason StaufferBack in Business – Citi Prestige Applications Are Live, But the Bonus Isn’t What I Was Hoping ForMillion Mile Secrets Team

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The long wait is over and the Citi Prestige is open for applications again.

If you’re approved for the card you can earn 50,000 Citi ThankYou points after spending $4,000 on purchases within the first 3 months of account opening.  This is a solid offer, but I’m not blown away because the bonus is the exact same as what you can earn with the Citi Premier℠ Card, which has a much smaller annual fee.

But Citi Prestige has been revamped, so let’s take a quick look at what you’ll be getting with the new card.

The Citi Prestige Card Has Be Revamped With Some New Perks, But a Few of the Old Ones Are Taking a Hit

The New Citi Prestige Card

With this updated version of the Citi Prestige card you’ll get improved spending bonus of:

  • 5X Citi ThankYou points on air travel and dining purchases
  • 3X Citi ThankYou points on cruise line and hotel purchases
  • 1 Citi ThankYou point on all other purchases

The Citi Prestige card’s airline credit has been changed to a $250 travel credit, so a wider range of purchases will trigger it, which is a big plus.  And the card will have cell phone insurance starting in May 2019.

You’ll still get Priority Pass lounge access with the card and a Global Entry or TSA PreCheck fee reimbursement once every 5 years.

But later this year some of the card’s most valuable perks are taking a hit.  First off, the card’s annual fee has increased to $495.  This higher annual fee will apply to existing cardholders beginning on September 1, 2019.

After that date, you will only be able to use the 4th night free benefit twice per year.  Before there was no limit.  But until then there is no limit on how many times you can use the perk.  Also previously, you could book the 4th night free benefit through the Citi Concierge, which allowed you to still earn elite night credit and hotel points.  Now that option is going away and with it the ability to take advantage of a hotel loyalty program and the 4th night free benefit at the same time.

Currently, if you have the Citi Prestige your Citi ThankYou points are worth 25% more (1.25 cents each) when you use them to pay for airfare through the Citi ThankYou travel site. But on September 1, 2019, that bonus will disappear and they will only be worth 1 cent each.

Keep in mind that Citi’s application restrictions for the card:

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.

I already have the Citi Premier℠ Card and I was looking forward to seeing what the bonus would be for the Citi Prestige.  In the past I remember the card having a 70,000 point bonus.  But at times it also didn’t have a sign-up bonus at all, so this isn’t the worst case scenario and it will provide a lot of value for lots of folks.

What do you think?  Is it enough to get you to pull the trigger on the card?

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Citi Premier Card

Citi Premier Card

  • Earn 50,000 bonus ThankYou® Points after you spend $4,000 in purchases within the first 3 months of account opening
  • Earn 3 points per $1 spent on travel including gas stations
  • Earn 2 points per $1 spent at restaurants and on entertainment
  • Earn 1 point per $1 spent on all other purchases
  • 50,000 Points are redeemable for $625 in airfare on any airline, anytime with no blackout dates when booked through the ThankYou® Travel Center, or $500 in gift cards when redeemed at thankyou.com
  • No expiration and no limit to the amount of points you can earn with this card
  • Points Transfer allows you to transfer points to participating airline loyalty programs
  • No Foreign Transaction Fees on purchases

More Info

Editorial Note: We're the Million Mile Secrets team. And we're proud of our content, opinions and analysis, and of our reader's comments. These haven’t been reviewed, approved or endorsed by any of the airlines, hotels, or credit card issuers which we often write about. And that’s just how we like it! :)

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about the broader travel credit, any DPs of buying GCs at any cruise lines & hotels does post a credit? in the past, GCs bought at WN & AA airlines worked? Thx

as a follow up to a previous Q, will a GC bought at TR or Mlife work? Thx

I don’t see any actual links to sign up for the Citi Prestige through your website in this post. If you include a link, I will likely sign up as I read the news first from your mailer.

Hi Paul!

Thanks for commenting and supporting us!

There’s a link to the card in the 2nd paragraph of the article, “Citi Premier Card”, and the font color should show up differently either in blue or green (might depend on the browser you’re using).

Maybe I’m missing something.. I see the link for the Citi Premier Card, but this article is about the Citi Prestige, which there is no link for.

Oops you’re right! My mistake!

The perils of reading too quickly 🙂

If I say so, with the downgrades to some of the features on this card, sure looks to be a weaker card overall now

A friend of mine has this card and she’s been pretty sad with the changes they’ve made over the past 12 months or so.

I personally am holding off on the card for now. Maybe with a higher intro bonus, I might, maybe, might be enticed to apply 🙂

Hello Andrew W

I agree with your friend, who is sad with the changes that have been made over the last 12 months.

For me, the first big negative was losing access to American’s Admirals Club lounges. And the overall benefits of the Prestige card have continued to decline since then.

I renewed my Prestige card last month but I’m pretty sure that will be my last renewal.