Citi Unveils New Benefits to Prestige Credit Card
Citi has unveiled new travel benefits for their Prestige credit card.
Starting next week, Citi Prestige cardholders can use the Citi Prestige Concierge or thankyou.com to book their complimentary night when they stay at almost any hotel for at least four consecutive nights. The savings will immediately be applied to their credit card. Cardholders can also redeem ThankYou Points for all or part of their stay.
New benefits of the card also include cash back rewards. For example, 50,000 points can be redeemed for $500. On Beginning August 1, new cardmembers who spend $7,500 within the first three months of opening their account will receive 75,000 points, which is the equivalent of $935 when redeemed for airfare.
“Prestige is much more than a card – it is an invitation to live a fuller life and get more of the things that matter,” said Chris Fred, Head of Proprietary Products at Citi Cards. “Since we introduced Prestige in 2010, it has resonated with consumers as a unique high-end card with top-tier benefits for an adventurous lifestyle. We continue to see strong interest and engagement in this card, especially among millennials who comprise close to half of the portfolio, so the time is right to augment the Prestige card for a new generation of affluent customers.”
Other benefits of the card include:
- An annual $250 air travel credit
- $100 statement credit if you use your card to pay for your Global Entry or TSA Pre√® application fee
- Complimentary, unlimited access to Priority Pass lounges for yourself, authorized users, immediate family, or up to two guests
- No foreign transaction fees
- 24/7 access to Citi Prestige Concierge
- Presale tickets and VIP experiences throughout the year
Cardmembers can earn 3X points on air travel and hotels, 2X points on dining and entertainment, and 1 point on all other purchases. The annual fee is $450, and $50 for each authorized user.