topic Re: Revamped Citi Prestige Card in Credit Cards

Revamped Citi Prestige Card ( New Update see below)

Anonymous — Sat, 10 Nov 2018 14:41:55 GMT

the points guy posted up following information about new revamped prestige card
Citi Prestige will be available in Jan 2019 (date not announced), and the new benefits are:

Earn 5x TYP on dining and air travel
Earn 3x TYP on hotels and cruise lines
$250 air credit will become more general travel credit
No more 25% bonus for air travel when you redeem points directly through Citi. You’ll now get 1 cent per point on airfare when redeeming through the Citi travel portal.
2x points on entertainment going away. So starting in September you’ll earn just 1 point per dollar on entertainment purchases.
Cellphone protection for damage and theft (this will be added in May 2019).
There will also be some negative changes to current benefits in Sep 2019 (date not announced):

4th night free benefit will be limited to 2 times per calendar year. Currently it’s unlimited.
Currently, with this card, you can use your TYP at a fixed rate 1.25 cent/point on airlines on thankyou.com. After Sep the rate will become only 1 cent/point, so you shouldn’t use this redemption method any more because you can redeem for cash at 1 cent/point as well.
2x TYP on entertainment will be removed.
The annual fee will be raised from $450 to $495. The $350 annual fee because of Citigold relationship will be grandfathered.
The remove of unlimited 4th night free will be a really bad news.

Think it will be worth the $495 a year fee ?

Another update now about the prestige

Citi prestige concierge will no longer be available for fourth night bookings or by the by phone .

The biggest news is those who were grandfathered with the $350 fee as citi priority will not be able to keep that! The fee will go to $495 and only those citi gold or citi Proviate banking will remain $350

Re: Revamped Citi Prestige Card

L-TWT — Tue, 23 Oct 2018 00:01:11 GMT

All I have to say is Blah......

Re: Revamped Citi Prestige Card

wasCB14 — Tue, 23 Oct 2018 00:03:38 GMT

Not good enough to draw me back, even if it stayed at $450.

I wasn't a regular 4NF user, and the card was only living on retention offers since the meganerf.

Re: Revamped Citi Prestige Card

redpat — Tue, 23 Oct 2018 00:09:04 GMT

So glad I dumped this card. Even 5x can’t save this card because of weaker transfer options than Amex and Chase.

Citi should stick to just AA cards.

Re: Revamped Citi Prestige Card

Anonymous — Tue, 23 Oct 2018 00:13:08 GMT

D.O.A

Re: Revamped Citi Prestige Card

FinStar — Tue, 23 Oct 2018 00:27:02 GMT

About the only thing in my favor is the grandfathered AF of $250 which easily offsets the travel credit. So, I guess the loss of appeal would be the 4th night benefit being restricted to 2x/year and airline redemption option.

Re: Revamped Citi Prestige Card

Anonymous — Tue, 23 Oct 2018 01:09:44 GMT

Do you think current card members will get upgraded to 5x on dining as well

Re: Revamped Citi Prestige Card

Anonymous — Tue, 23 Oct 2018 01:10:10 GMT

Unless Citi adds AA as a transfer partner, I doubt I'll PC my Premiere to this when im elgible in August. The elimination of the 25% bonus would be a dealbreaker to me since I dont use their current partners.

My biggest concern is if Citi will be dropping the 25% portal bonus on the Premiere too as well soon? If they do this, this would certainly make me downgrade this card or close it.

Re: Revamped Citi Prestige Card

UpperNwGuy — Tue, 23 Oct 2018 01:18:16 GMT

@Anonymous wrote:
Unless Citi adds AA as a transfer partner, I doubt I'll PC my Premiere to this when im elgible in August.

In my opinion, there is no chance that Citi will add AA as a transfer partner. People have been hoping for that since the inception of Thank You cards, but it has never happened.

Re: Revamped Citi Prestige Card

Anonymous — Tue, 23 Oct 2018 01:23:29 GMT

@UpperNwGuy wrote:
@Anonymous wrote:
Unless Citi adds AA as a transfer partner, I doubt I'll PC my Premiere to this when im elgible in August.
In my opinion, there is no chance that Citi will add AA as a transfer partner. People have been hoping for that since the inception of Thank You cards, but it has never happened.

Probably not which is why I hope they dont drop the 25% bonus on the premiere as well. This would essentially make the card worthless to me. The portal is the only way I plan on redeeming my points.

Re: Revamped Citi Prestige Card

Anonymous — Tue, 23 Oct 2018 01:35:05 GMT

Points being dropped to 1 cent redemptions on airfare plus transfer partners that either aren't worthwhile or are available through other programs? Easy choice. I'm sticking with Amex, with Chase as a backup. The revamped Prestige gets a big fat yawn from me.

Re: Revamped Citi Prestige Card

Anonymous — Tue, 23 Oct 2018 01:35:51 GMT

@Anonymous wrote:
@UpperNwGuy wrote:
@Anonymous wrote:
Unless Citi adds AA as a transfer partner, I doubt I'll PC my Premiere to this when im elgible in August.
In my opinion, there is no chance that Citi will add AA as a transfer partner. People have been hoping for that since the inception of Thank You cards, but it has never happened.
Probably not which is why I hope they dont drop the 25% bonus on the premiere as well. This would essentially make the card worthless to me. The portal is the only way I plan on redeeming my points.

TPG is reporting that the 25% bonus is dropped starting in September 2019.

Re: Revamped Citi Prestige Card

kerplunk — Tue, 23 Oct 2018 01:49:21 GMT

Sounds like they wanted to spot in between the AmEx Platinum and CSR, but they failed miserably. Why would anyone get this card if it’s an effective $250 fee?

Re: Revamped Citi Prestige Card

Anonymous — Tue, 23 Oct 2018 01:50:04 GMT

@Anonymous wrote:
@Anonymous wrote:
@UpperNwGuy wrote:
@Anonymous wrote:
Unless Citi adds AA as a transfer partner, I doubt I'll PC my Premiere to this when im elgible in August.
In my opinion, there is no chance that Citi will add AA as a transfer partner. People have been hoping for that since the inception of Thank You cards, but it has never happened.
Probably not which is why I hope they dont drop the 25% bonus on the premiere as well. This would essentially make the card worthless to me. The portal is the only way I plan on redeeming my points.
TPG is reporting that the 25% bonus is dropped starting in September 2019.

Is this for the Premiere too or just the Prestige? If its the premiere too, I will certainly be closing or downgrading my card in August. I will also make sure I use up my SUB by then.

Re: Revamped Citi Prestige Card

Anonymous — Tue, 23 Oct 2018 02:42:07 GMT

@Anonymous wrote:
@Anonymous wrote:
@Anonymous wrote:
@UpperNwGuy wrote:
@Anonymous wrote:
Unless Citi adds AA as a transfer partner, I doubt I'll PC my Premiere to this when im elgible in August.
In my opinion, there is no chance that Citi will add AA as a transfer partner. People have been hoping for that since the inception of Thank You cards, but it has never happened.
Probably not which is why I hope they dont drop the 25% bonus on the premiere as well. This would essentially make the card worthless to me. The portal is the only way I plan on redeeming my points.
TPG is reporting that the 25% bonus is dropped starting in September 2019.
Is this for the Premiere too or just the Prestige? If its the premiere too, I will certainly be closing or downgrading my card in August. I will also make sure I use up my SUB by then.

Good point, it's just been announced about the Prestige only. However, with Citi, I'd say it's just a matter of time...

Re: Revamped Citi Prestige Card

PointsBonus — Tue, 23 Oct 2018 02:58:06 GMT

Sounds like a AMEX Platinum Card with the extra dining category.

They are trying ....

Re: Revamped Citi Prestige Card

wasCB14 — Tue, 23 Oct 2018 05:30:13 GMT

@PointsBonus wrote:
Sounds like a AMEX Platinum Card with the extra dining category.

They are trying ....

With a $495 AF it's somewhat reminiscent of Barclay's Black Card (f.k.a. Luxury Card).

Re: Revamped Citi Prestige Card

Anonymous — Tue, 23 Oct 2018 13:26:23 GMT

@PointsBonus wrote:
Sounds like a AMEX Platinum Card with the extra dining category.

They are trying ....

With Amex you can enter Centurian Lounges and Delta Lounges plus they have Delta as a transfer partner.

4th night free twice is an Ok deal. I think probably better card than Platinum if your local airport isn't a Delta hub or has a Centurian Lounge. If you average $350 a night on your 4th nights that would save you $700. Plus you get the $250 travel credit. That is $950 without even using the card for purchase so net $455 in that scenario. Actually I would say this card is better than the Platinum or CSR for benefits you get if you use it correctly.

Re: Revamped Citi Prestige Card

Peteyglad — Tue, 23 Oct 2018 16:12:48 GMT

I will be passing on this one.

Re: Revamped Citi Prestige Card

Cory — Tue, 23 Oct 2018 17:18:07 GMT

I think the "new and improved" Citi Prestige just put any attempt by AMEX to come out ahead of the competition to death! Funny thing is, the card is not even out on the market yet and the "polls" show the card's "momentum" rising and in the lead even before election day in January 2019! 5x on Airfare and Dinning (globally), plus 4th night free, priority pass, unrestricted $250 travel credit, travel protection, anticipated cell phone protection, the list just goes on and on, sounds like a winner!