God I write long posts. Does anyone even read all of this?
Compared to the ultra short posts (i.e., "Amex Plat is da bomb!" and "CSP rules all!"), writing "too" long is certainly the lesser of two evils!
Jokes aside, you make some very good points. Agreed that Citi has a fondness for encumbering their offerings with needless complexity. On the surface, it seems the Prestige could be a good value if one were Citi Gold (or Private Bank) and spends around $100k per year. Even after that, one needs to compare the value compared to the same spent on other programs.
This was a great thread! Excellent points regarding how to value perks and points. I've made the argument on this forum several times that you can easily get >3 cpm on your United miles (and sometimes Hyatt points), making even the 1% rate on a Freedom card equivalent to 3% if done correctly. This obviously depends on the person but it also makes me feel a lot better having >100k miles in the bank in case I need to take a last minute personal trip that could cost over $1k for a coach ticket but only 30k United miles.