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Kinda reminds me of what Discover did a few years back. Sadly I think it is a harbinger of things to come.
I have detested this bank for a long time. Glad I never bit on any offer they pounded my mailbox with for over a year and half.
Holy crap...
Price Rewind was one of my favorite features on my DC card.
I still carry it as a fallback to my Amex cards, but for the most part don't really swipe it all that often anymore anyway. I guess it'll just stay on as my Amex backup and that's it.
Citi's shareholders have got to be shaking their heads. I checked the benefits page with my Citi login and just about every benefit is going away....on every card. From roadside to travel protection, price rewind and everything else in between.
Amex and Chase have got to be lovin' this. My question to Citi would be how in the hell do you justify the annual fee on the Prestige ($495) and AAdvantage Exectuive ($450) cards when you've not only taken away the benefits that somewhat justify their annual fee but even eliminated some of the most basic benefits that can be hard with a no annual fee CapOne card?
I also read a tweet this morning that Citi's relationship with their current benefits manager is going away which *may* lend reason to some of these changes. Even so they sure as heck better have something else lined up or watch as those with the higher end cards go marching away.
I do have the Prestige card card and will be keeping it as it works out for my specific needs...at least for now. It pairs well with my Citi Premier, and Rewards+ as I can take all of those points from the Prestige and Rewards and book air travel with the 25% bonus via the Premier card. HOWEVER should they drop the 25% travel portal bonus on airfare with the Premier then I'm packing up and moving on.
I hate playing the airline award space game so I decided some time ago that the Citi TY Portal works out better for me since I book like a cash buyer.
It'll definitely be interesting to see how this all shakes out for them thats for sure...
I expected rewind to fall but not extended warranty, at least not at the same time. Too bad. I put a lot of consumer/homeowner items on my DC for the extended warranty. 2% is nice, but with others offering it and Citi offering nothing extra I may move onto greener pastures.
Did a CSR/CSP double dip roughly a year ago. Keeping the CSR and was going to PC the CSP to a CF but I may make it into a CFU and use that as my daily instead of Citi. Need to think on it.
Edit: Chase's 1 year extended warranty makes this feel like the right move.
@Loquat wrote:Citi's shareholders have got to be shaking their heads. I checked the benefits page with my Citi login and just about every benefit is going away....on every card. From roadside to travel protection, price rewind and everything else in between.
Amex and Chase have got to be lovin' this. My question to Citi would be how in the hell do you justify the annual fee on the Prestige ($495) and AAdvantage Exectuive ($450) cards when you've not only taken away the benefits that somewhat justify their annual fee but even eliminated some of the most basic benefits that can be hard with a no annual fee CapOne card?
I also read a tweet this morning that Citi's relationship with their current benefits manager is going away which *may* lend reason to some of these changes. Even so they sure as heck better have something else lined up or watch as those with the higher end cards go marching away.
I do have the Prestige card card and will be keeping it as it works out for my specific needs...at least for now. It pairs well with my Citi Premier, and Rewards+ as I can take all of those points from the Prestige and Rewards and book air travel with the 25% bonus via the Premier card. HOWEVER should they drop the 25% travel portal bonus on airfare with the Premier then I'm packing up and moving on.
I hate playing the airline award space game so I decided some time ago that the Citi TY Portal works out better for me since I book like a cash buyer.
It'll definitely be interesting to see how this all shakes out for them thats for sure...
Citi Exec is a great deal w/ 4 AUs on it.
@Loquat wrote:...
I also read a tweet this morning that Citi's relationship with their current benefits manager is going away which *may* lend reason to some of these changes. Even so they sure as heck better have something else lined up or watch as those with the higher end cards go marching away.
Interested in your source for this, was it concrete info or speculation? I read that one possible reason (purely speculative tweet) could be they're moving their portfolio over to Visa and thus have to axe all the Mastercard benefits and start anew.
Honest question here - was this a feature that people actually used with any regularity at all?
In the 5 or so years I've had a Citi card not once have I ever used this feature. My SO's never used price rewind. None of the friends I've asked about it have used it before. I had just assumed it was one of those things like car rental insurance that does get used every once in a while on the rare chance it was needed but never at a frequency to make it actually add much/any value to a card.