Citi Prestige Credit Card Review

Estimated read time: 7 minutes

As one of the most expensive credit cards to own, the Citi Prestige card truly lives up to its name, positively radiating prestige, in terms of its benefits and what it has to offer cardholders. With a host of features that make even everyday purchases more convenient and rewarding, you'll find everything you need to know about the Citi Prestige Card here in our helpful Consumer's Guide.

Let's take a closer look:

Card Overview

The Citi Prestige credit card is one of the top rated and most popular high-end consumer credit cards. It is primarily targeted to luxury travelers. There is only one Citi Prestige card, but there are a variety of other Citi cards available, including different travel rewards cards.

Compared to Other Citi Cards

Citi offers a wide range of credit cards, with some focused on cash back, others focused on rewards points (known as ThankYou points) and still others devoted purely to helping you earn travel rewards such as points or miles when using a certain airline or staying in a specific hotel chain. Most of the Citi travel credit cards are centered around specific airlines, such as the Citi AAdvantage Platinum Select World Elite Mastercard, which caters to American Airlines AAdvantage miles users, or the Citi ThankYou Premier Card, which lets you earn points for every travel purchase, including airfare (not limited to one specific airline), gas, hotels, car rentals and more.

Where the Prestige truly shines is the fact that it offers the most points and the best discounts out of all of Citi's travel cards—and, because there's no limit to the number of points you can accrue, it is an especially lucrative card for frequent travelers.

Card Benefits

Citi's Prestige credit card comes with a host of benefits including special offers designed to entice travelers. Their most notable benefits include:

Introductory Bonus:

This is one of the most valuable points offers currently available to the public. Your points don't expire and you can collect an unlimited number of points. What's more, there are no blackout dates on when you can and cannot take your flights, and your points can be redeemed for a wide variety of rewards including gift cards, travel and cash. You can also pool points with your other Citi cards or transfer them to over a dozen different travel partners. It's always a smart idea to transfer your points to a mileage program rather than using them directly toward the cost of a ticket, since you will almost always get a better value out of your points.

One of the best features of the Citi Prestige card how you earn points. Understandably, even premium cards have to put limitations on how many points they give you for purchases.

The Citi Prestige card gives you bonus points if you travel often, including points on hotels, airfare, dining, entertainment and more!

Bonus for Air Travel:

Priority Pass membership, which is yours free with your Citi Prestige card, gets you access to over 900 airport lounges around the world—no matter which airline you're traveling on. You can even bring up to two guests with you. Want to exercise on your flight layover or catch up on your emails? Priority Pass lets you do so in comfort and style.

Incredible Travel Protection

The travel protection is one of the biggest benefits of the Citi Prestige card. Not only do you get Citi's regular purchase protections, like return protection and Price Rewind, but you also get Citi's worldwide travel insurance, which applies to you as well as other travelers who are on the same booking as you.

Some of the benefits include:

Three-hour Trip Delay Insurance – For covered expenses which include meals and lodging

Medical Evacuation coverage – If you are critically injured while traveling, this coverage will pay up to evacuate you to your home or a hospital

Trip Interruption/Cancellation Insurance – If your trip is interrupted because of sickness, severe weather or injury, you're covered

Roadside assistance – Includes tire changes, lockout service and free towing

Worldwide car insurance – If your rental car is stolen or damaged, you can get up coverage that serves as secondary insurance in the U.S. and primary insurance in all other countries.

Compared to Other Rewards Cards

There are numerous other rewards credit cards out there, and even travel credit cards, but many of them only offer points that can be redeemed for travel (not for dining, entertainment or merchandise), and certainly don't offer a sign on bonus as high as the Citi Prestige card does. The Citi Prestige card allows you to redeem your points for things beyond travel.

Your Questions, Answered

What are the transfer rates for the Citi Prestige credit card?

You can transfer points to the Citi Prestige credit card and pool them with other Citi credit cards to have access to an even larger amount of points that you can redeem for a wide range of rewards. As part of Citi's "Thank You" program, your points will often transfer into airline miles, but make sure you check with the specific airline you're traveling to see if the ratios vary.

What is the minimum credit score one should have before applying for a Citi Prestige credit card?

Since the target audience for the Citi Prestige credit card is luxury travelers, it's worth noting that you should have an Excellent credit score in order to successfully apply for this card. An "Excellent" score is 750 or above. Even if your credit score falls a little below this number, you can still apply since your credit score is not the only factor that credit card issuers look at when determining your creditworthiness.

What have other customers said about the Citi Prestige credit card?

Most of the customers who own the Citi Prestige credit card are frequent travelers and love the convenience and ease of use of having the card, particularly for easy access to clean, comfortable airport lounges and fast travel check-ins. Obviously, the card's high annual fee is not for everyone, but for travelers who want to maximize the luxury they experience at home and abroad, the Prestige is a solid card with a wealth of benefits. Frequent luxury travelers also like the built-in insurance protections they get with the Citi Prestige credit card, including the smart chip technology to help safeguard the card even more.

How can the rewards be used? i.e. travel, cash back, specific store rewards, etc.

You can use your rewards points through Citi's ThankYou Rewards portal on a wide range of items, including travel, dining, entertainment, merchandise and gift cards. The ThankYou rewards program is one of the largest credit card rewards programs available, and having a wide variety of rewards to spend points on is an enticing bonus, however, it's recommended that you transfer your points into airline miles to get the most value for your money! Check with your preferred airline to see what your points to miles ratio will be before you transfer.

What specific travel perks does the Citi Prestige card offer? e.g. concierge service, travel upgrades, etc.

Aside from the bonuses and benefits we've covered above, you also get valuable travel perks at home and abroad, including the various types of insurance to protect you in the event your trip is delayed or canceled, your luggage lost and much more.