Revamped Citi Prestige Card ( New Update see below)

[Anonymous]

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

[L-TWT]

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

[wasCB14]

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.

[redpat]

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.

[Anonymous]

D.O.A

[FinStar]

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.

[Anonymous]

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

[Anonymous]

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.

[UpperNwGuy]

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@Anonymous wrote:

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

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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.

[Anonymous]

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@UpperNwGuy wrote:

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@Anonymous wrote:

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

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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.

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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.