The Citi Prestige Credit Card is ideal for those who don’t want just a simple, traditional card, but a real “machine” full of impressive benefits.
The Citi Prestige Credit Card truly lives up to its name with all it offers. Cardholders can enjoy standout perks like access to exclusive airport lounges, complimentary extra nights at luxury hotels, accelerated rewards, and a generous combo of points to start off strong, plus so much more we can’t wait to show you.
Let’s cut to the chase: here’s the full list of benefits and how to make the most of them.
Top Highlights of the Citi Prestige Card
- Special Offer for New Customers: Earn up to 250,000 Citi Reward bonus points when you spend at least $10,000 on eligible purchases within 3 months of approval.
- Generous Points: International and domestic spending at major airlines, hotel chains, and restaurants in Australia earns you 3 points per dollar. Regular purchases at supermarkets, petrol stations, and national retailers earn 2 points per dollar, while all other eligible transactions give you 1 point per dollar.
- Extend Your Stay for Free: Book four consecutive nights or more at selected Australian hotels through Luxury Escapes, and you’ll get a credit for one night back.
- Priority Pass Access: Enjoy more relaxed and comfortable travel with unlimited free access to over 1,300 VIP airport lounges worldwide.
- Uber Premier Cashback: Use your Citi Prestige to pay for Uber Premier rides over $100 and receive up to $100 cashback.
- Luxury Holidays at a Discount: Get up to 10% off at selected LUX Hotels and international tours.
- My Cashback Offers: Automatically receive cashback when you shop through the Citi Mobile app.
- Included Insurances: Complimentary mobile phone protection and travel insurance.
- Concierge Service: Personal assistance with recommendations and bookings for fine dining, entertainment, travel, and other services. Available 24/7.
- Up to 4 Free Additional Cards: Share the benefits with your loved ones at no extra cost.
What You Can Do With Your Points
The best part of earning so many points is choosing how to use them through Citi Online, the platform to track your points and redeem them whenever you like. Pick the reward that makes the most sense for you from options like:
✈️ Transfer to Frequent Flyer Programs: Love to travel? You’ll be pleased to know that your points can be converted into miles with partners like Flybuys, Singapore Airlines KrisFlyer, Velocity Frequent Flyer, and others.
🛍️ Pay with Points: You can use all or part of your points to pay for everything from a coffee to flight bookings. If your points aren’t enough, you can top up with cash.
💲 Offset the Annual Fee: Another popular option is to use your points as a credit towards paying the annual fee, so it’s like it never existed.
🛒 Gift Vouchers: Redeem points for vouchers from various stores and well-known brands, from supermarkets to fashion.
Extra Protections: Find Out How Insurance Can Help You
Travel with peace of mind, knowing you’re covered by comprehensive domestic and international travel insurance, managed by Allianz Australia Insurance Limited. While eligibility needs to be checked, coverage typically includes medical emergencies, lost luggage, and flight delays, all at no extra cost.
Complimentary mobile phone insurance protects against accidental damage and theft, as long as you pay your mobile bill with your Citi Prestige card.
Fees of Citi Prestige Credit Card
- Annual Fee: $700
- Retail Purchase Rate: 21.49%
- Cash Advance Rate: 22.24% p.a.
- Interest-Free Period: Up to 44 days interest-free on retail purchases (except for customers with a balance transfer).
- Balance Transfer Rate: 0% p.a. for 6 months with no one-off fee.
Our Final Thoughts
While the Citi Prestige is packed with perks, there are some things to consider, such as the higher annual fee, which means you’ll need to take full advantage of the benefits to justify the cost.
Also, if you’re considering transferring a balance from another credit card, you can enjoy months without interest, but you won’t have access to the interest-free days during the balance transfer period. After the introductory period, the rate reverts to the cash advance rate, which can significantly increase your debt if you don’t pay it off within the six months.
In summary, if you’re willing to invest and take advantage of the privileges offered (while being mindful of credit management), you’ll find this option truly impressive.