Citi’s high end travel card, Citi Prestige has been unavailable for new applicants for a number of months while Citi reworked the card’s benefits and upped its annual fee. Now, finally, the card is once again available for new applicants. Here are the details:
Please note these terms:
Bonus ThankYou® Points are not available if you received a new cardmember bonus for Citi Rewards+SM, Citi ThankYou® Preferred, Citi ThankYou® Premier/Citi PremierSM or Citi Prestige®, or if you have closed any of these cards, in the past 24 months.
So… Make sure it’s been two years since you’ve received a signup bonus for one of the listed ThankYou cards before applying for this one. Also, if you have another ThankYou card, don’t cancel it until after you’ve successfully applied for a new one.
At $495 this card is expensive. Fortunately, it offers perks that many will find outweigh the annual fee. Here are just a few:
- $250 travel credit (get reimbursed up to $250 per year for any travel spend)
- 5X reward categories
- 4th Night Free hotel benefit. Starting in September this will be limited to 2 per year and bookable online only (so, no earning hotel points or elite credits).
If you don’t value the card’s perks and you’re interested only in the signup bonus, then I’d recommend the Citi Premier card instead since it has the same bonus, but with first year annual fee waived and only $95 per year after that:
Hat Tip: IAD Gr8 via Twitter