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250,000 bonus Citi reward Points with the Citi Prestige Credit Card
Card Overview
250,000 bonus Citi reward Points are on offer for new cardholders of the Citi Prestige credit card who spend $10,000 on eligible purchases within 90 days from approval. It comes with a vast range of perks including unlimited Priority Pass airport lounge access for you and one guest, "4th Night on Us" benefit when you book 4 consecutive nights at a range of hotels with Luxury Escapes, and one complimentary airport transfer per year up to the value of $100. This product is provided by National Australia Bank Limited, using certain trademarks temporarily under license from Citigroup Inc.
Key Attributes
250,000 bonus Citi reward Points, when you spend $10,000 on eligible purchases within 90 days from approval
Ability to earn Citi reward Points and redeem them for a statement credit via Pay with Points or transfer them to participating partners
Unlimited complimentary access to Priority Pass airport lounges worldwide for you and one guest
4th Night on Us - Receive a credit back for one night when you book four consecutive nights with Luxury Escapes (up to $1,000 credit per booking, four times per calendar year)
Uber Premier $100 cashback
Apple Pay, Google Pay & Samsung Pay Support
Earn Citi reward Points on everyday expenses from rent to education fees and more with Citi PayAll
3 Citi reward points per $1 for Eligible Transactions made directly with major airlines, hotel chains and restaurants in Australia, and International Spend
2 Citi reward Points per $1 on on Eligible Transactions made directly with major supermarkets, petrol outlets and national retailers
1 Citi reward Point per $1 spent everywhere else on eligible spend
0% p.a. for 6 months on Balance Transfers. Reverts to cash advance rate. No interest free days apply to retail purchases while you have a balance transfer.
Annual Fee: 700 p.a. ongoing
The card has 250,000 bonus Citi reward Points on offer for new cardholders – currently equivalent to 125,000 Velocity Points or 100,000 Krisflyer/Asia Miles when transferred.
The Citi Prestige Card is for the aggressive Points collector—the card has an ongoing annual fee of $700—but with a large number of frequent flyer program transfer partners and a vast range of travel perks.
The most valuable benefits on offer with the Citi Prestige credit card are unlimited complimentary airport lounge passes courtesy of Priority Pass(TM) for you and a guest, a “4th Night on Us”benefit when you book 4 consecutive nights or more with Luxury Escapes and receive a credit back for one night (capped at $1,000 credit per booking) and one complimentary airport transfer per year up to the value of $100.
A minimum spend requirement of $10,000 on eligible purchases within the first 90 days is required to receive the 250,000 bonus Citi reward Points.
The bonus is only available for new cardholders are approved for the Citi Prestige credit card.
Digging into the details of the Citi Prestige credit card
Card Details
Card
Citi Prestige credit card
Loyalty program
Citi Rewards
Earn rates
3 Citi reward points per $1 for Eligible Transactions made directly with major airlines, hotel chains and restaurants in Australia, and International Spend
2 Citi reward Points per $1 on Eligible Transactions made directly with major supermarkets, petrol outlets and national retailers
1 Citi reward Point per $1 spent everywhere else on Eligible Transactions
Points cap
None
Earns points at ATO
No
Minimum credit limit
$30,000
Travel benefits
4th Night on Us - receive a credit back for 1 night when you book 4 consecutive nights with Luxury Escapes, up to 4x a year
One airport transfer in selected cities in Australia up to $100 per year
Priority Pass membership
Personal Concierge
Included insurances
Purchase Cover Insurance
International Travel Insurance (PDS)
Overseas transaction fee
3.40% of the converted amount
Mobile wallet
Apple Pay, Google Pay & Samsung Pay
Annual fee
$700
The effective Points earn rate on spend when transferring out to the key partner programs are as follows:
Effective Frequent Flyer Program Point Earn Rates
Frequent Flyer Program
Major restaurants,
hotels and major
airlines
Major petrol stations,
supermarkets and
national retailers
In brief, the Citi Rewards program lets you transfer your Citi reward Points over to a range of participating frequent flyer program partners. Citi reward Points are transferred out at different rates as detailed below:
Virgin Australia Velocity (2 Citi reward Points to 1 Velocity point)
Cathay Pacific Asia Miles (2.5 Citi reward Points to 1 Asia Mile)
Singapore Airlines KrisFlyer (2.5 Citi reward Points to 1 KrisFlyer mile)
Etihad Guest (3:1)
Qatar Airways Privilege Club (3:1)
Flybuys (1:1)
The minimum number of Citi reward Points required to make a transfer varies depending on the partner program, which you will be able to see when you login to your online account.
Any balance less than the minimum is ineligible to be transferred to frequent flyer programs until the minimum threshold is reached.
Earning Points from spend on the Citi Prestige credit card
The Points earn on eligible spend for the Citi Prestige Card are tiered, with eligible spend on a range of major: restaurants, restaurant chains, major hotel chains and flights booked directly with major airlines (flights only) and international spend earning 3 Citi reward Points per $1. Then 2 Citi reward Points per $1 at major: petrol stations, supermarkets and retailers and 1 Citi reward Point per $1 spend everywhere else.
This card can yield a good Points haul if you are going to pump a decent amount of spend through it, with the most potential value equating up to 1.5 Velocity Points or 1.2 KrisFlyer miles per $1 spent, and with no annual or monthly cap.
On eligible international spend, you’ll earn 3 Citi reward Points per $1 but will incur a 3.4% surcharge on non-Australian Dollar transactions. This equates to 1.2 KrisFlyer miles or 1.5 Velocity Points per dollar spent on eligible international spend.
The high earn rate on certain categories means that big spenders who can fully utilise these could well justify keeping the card each year just for the Points alone.
If you’re going for Velocity Points, the $700 annual fee may well pay for itself with the Points earned—the transfer rate to KrisFlyer and Asia Miles is not as valuable.
Citi reward Points benefits and considerations
Citi reward Points do not expire for the lifetime as long as the card remains in good standing, and there is also no Points cap. This is one of the major benefits of the card—with unlimited Points earning at excellent rate for Velocity Points and a relatively decent rate for KrisFlyer and Asia Miles.
The Citi Prestige Card offers a great Points earn rate for a Mastercard, on most eligible spend, to earn Velocity Points.
Other travel benefits of the Citi Prestige credit card
The Citi Prestige Card also offers a number of travel benefits, including Priority Pass(TM) lounge access and “4th Night on Us” benefit.
“4th Night on Us” benefit
If you are a Citi Prestige cardholder you’ll get a credit back for one night (up to $1,000 credit per booking) when you book four consecutive nights or more at a range of hotels with Luxury Escapes, up to 4 times per calendar year.
You should read the PDS to assess if these insurances meet your individual needs and have significant value to you.
This guide references some of the benefits of insurance policies provided with this card. You should read the PDS and obtain independent professional advice before obtaining this product.
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Earn Citi reward Points on everyday expenses from rent to education fees and more with Citi PayAll. Offers are subject to eligibility and are only available if your account is in good standing.
The Citi Prestige credit card is positioned as a high-end card with a vast array of benefits, and at a cost that is $750 less per year than the most similar card out there, e.g. the American Express Platinum Card.
One of the biggest reasons to hold and use this card is for the good Points earn rates on eligible domestic and international spend, along with a number of good participating Points transfer partners. However, you’ll need to assess if the category bonuses fit your spending habits and will work to your advantage in the long run.
The large sign-up bonus, ability to earn Points quickly with no Points cap and complimentary unlimited Priority Pass(TM) lounge access are all solid benefits too.
There is a place in the market for this high-end Mastercard as a less expensive alternative to the American Express offering.
The Citi Prestige credit card is not for everyone but it could work for high spenders, especially those who spend internationally or direct a lot of their spend into the bonus categories.
Important information
National Australia Bank Limited (ABN 12 004 044 937, AFSL and Australian Credit Licence 230686) (“NAB”) is the credit provider and issuer of Citi branded credit products. NAB has acquired the business relating to these products from Citigroup Pty Limited (ABN 88 004 325 080, AFSL and Australian Credit Licence 238098) (“Citi”) and has appointed Citi to provide transitional services.
Our/us/we means NAB unless the context otherwise requires it.
“Citi”, “Citibank”, “Citigroup”, the Arc design and all similar trade marks and derivations thereof are used temporarily under licence by NAB from Citigroup Inc. and related group entities.
* Complimentary Insurance *
AWP Australia Pty Ltd ABN 52 097 227 177 AFSL 245631 (trading as Allianz Global Assistance) under a binder from the underwriter, Allianz Australia Insurance Limited ABN 15 000 122 850 AFSL 234708 (Allianz) has issued a Complimentary insurance group policy to National Australia Bank Limited (ABN 12 004 044 937, AFSL and Australian Credit Licence 230686) (“NAB”) which allows eligible NAB account holders and cardholders to claim under it as third party beneficiaries by operation of s48 of the Insurance Contracts Act 1984 (Cth).NAB is the credit provider and issuer of Citi branded credit cards. NAB has acquired the business relating to these products from Citigroup Pty Limited (ABN 88 004 325 080, AFSL and Australian Credit Licence 238098) (“Citi”). Citi has agreed with NAB to provide transitional services in relation to the transferred business. Any advice on insurance is general advice only and not based on any consideration of your objectives, financial situation or needs. The terms, conditions, exclusions, limits and applicable sub-limits of the group policy are set out in the Citi Credit Cards Complimentary Insurance Policy Information Booklet which may be amended from time to time. Neither NAB nor Citi nor any of its related corporations guarantee this insurance.
250,000 bonus Citi reward Points with the Citi Prestige Credit Card was last modified: June 2nd, 2025 by
Community Comments
Does anyone know how long it will take to transfer from Citi Points over to Krisflyer? Its been two days for me and I am wanting to redeem a flight while its still available.
They are holding my points hostage for over 8 days now – I transferred the equivalent of 130,500 KrisFlyer points (=x2.5 Citi reward points) and still haven’t received them in my KrisFlyer account. When I rang them, they said there is nothing they can do about it, as it is an automated process that can take up to 28 days!!
Should I miss out on the saver fare I transferred the points to my KrisFlyer account for, I’d be at a significant financial disadvantage…
I don’t understand how they can get away with such a prolonged process that disadvantages their customers. A previous transfer for a similar amount of points was instant, so it obviously can happen in a timely way.
VERY unhappy, Jan!!
Does anyone know what is the definition of “national retailer”? I assume it uses some sort of merchant classification code to figure it out but that is not on the statment and the rewards point statement seems to be daily instead of per transaction so it’s difficult to figure out exactly how many points are earned with a particular transaction.
Hello, just wanting to check if the transfer partners for the Prestige card have been confirmed recently, as it looks like Citi have severely reduced the partners as of 26 March 2022, as per below:
Please note that the following Points Transfer Partners will no longer be available from 26th March 2022: Eva Air, Flying Blue, Intercontinental Hotel Group, Jet Privilege, Malaysia Airlines, Thai Airways, and Turkish Airlines. You will still be able to redeem Points for other Points Transfer Partners and on all other categories such as Pay with Points, Shop with Points, eVouchers and more.
Horrified that you are actually saying anything positive about this card. Went from being the best non-amex to the worst card available. They have killed off all the benefits and earning and kept the $750 annual fee. Avoid this card at all costs.
Are you aware if there is anything stopping you getting the bonus on both prestige and signitire cards? Can not seem to see any restrictions or exclusion periods?
There is nothing in the terms and conditions which prevent someone that currently holds another Citi-issued card from earning the bonus points on this card.
Are you aware if there would be a second credit history check for the diners club card?
I would only be interested in including it if there was just the single application on my credit history for the visa/diners club combination.
I have confirmed with Citibank that applying for a linked Diner’s Club card will not create an additional credit enquiry, however as at 11 September, I was advised that they have temporarily suspended issuing these cards due to their systems requiring upgrading. Citibank could not give a specific date when this will be up and running again.
For Signature and Prestige cardholders, points transfer out to Velocity Frequent Flyer at a rate of 2 Citi Rewards points to 1 Velocity point, and 2.5 Citi Rewards points to 1 mile for both Singapore Airlines KrisFlyer and Emirates Skywards.
As for eligibility requirements, check out the Virgin Money guide as it lists the minimum income requirement for both cards. You cannot receive the welcome bonus if you are an existing cardholder.
Thanks for the response. That’s great regarding the 2 velocity points. My other question was poorly worded. I was trying to find out if i currently hold a virgin money card (or another a Citibank product) if I am ineligible for this sign up bonus?
Gotcha—I understand now. There is nothing in the terms and conditions (listed at the end of the card guide) that says that existing Virgin Money (or other Citi) cardholders are ineligible for the bonus points but I’d guess that if you have had the Citi Prestige before, then it is worth calling Citi to confirm your eligibility, especially given the big bonus points at play!
As it takes 20 months to earn the full quota of points you would need to have paid 2x the $700 annual fee?
Hi Keith
If I am not mistaken, it requires a 250000$ engagement with Citibank to be a Citigold customer…
Also I wonder whether the the “old” Citigold benefits (re-signing points and half annual fee) for this card are still valid now that the sign-on bonus points have been upped significantly – any information on this?
Cardholder acknowledges that the goods and services are provided by third party’ network of hotels, and not by Citi. Fulfilment of this offer is the sole responsibility of the participating Visa merchant (Hotels.com)
I’ve just cancelled my Prestige card in lieu of all the changes. The best offer I received was a $350 annual fee or 20,000 Qantas points.
When you can then go and apply for the new Qantas Premier card and get 75,000 bonus points and a $149 first year fee ($299 thereafter), the math doesn’t add for me to retain the Citibank Prestige card. Simply put, its not what it used to be.
Just a small note for anyone thinking the benefits are valuable. Be aware a lot of them are time bound. For example, the 4th night free benefit is for 2017 only. That is you must book AND STAY within this calendar year. It’s a really silly benefit. If you look at the same product in other countries, they refund you the 4th night. Here they placed a silly time restriction on it. With 4 months to go until 2018 and me wanting to book 4 nights in January 2018, I presumably have to wait until 2018 to get this benefit….well done CitiBank…
So.. I’m pretty annoyed at the changes and can’t decide if I should save myself the 300 bucks and go down to the Signiture card.. I probably wouldn’t benefit from the unlimited priority pass and I’ve never used the chauffeur.. I reckon I’d be spending mostly on the 1 point level and when I signed up for the card (it was a Select in those days) there was no currency commission and I got 5 dollars a point.
Not sure if I should look elsewhere or just downgrade to a Signiture. It looks like the extended warranty and travel insurance are basically the same.
Is the reduced Ann Fee for sign up still valid? Also some comments re negotiation for reduced Ann Fee permanently? On Web site of Citi Rewards Transfer for Kris Flyers is 2.5 to ! not 2 to 1 ???
Peter
Just wanted to check if the above info is current interms of citi rewards points transfer rate. Do the citi prestige card rewards points transfers calculate to 2 points or 2.5 points or 3 points ? –> when transferred to skywards/velocity/kris
According to their website (citirewards.com – choose TRAVEL and then select POINTS TRANSFER) , info says 3, 2.5 and 2.5 for Skywards/Velocity/Kris respectively.
According to info above, you have only mentioned velocity and kriss as the main examples and used 2 points as calculation. Could you please confirm?
2 for KF/AM/Velocity is correct for the Prestige. The Citi Rewards website doesn’t seem to quote points transfer rates for the Prestige card. I have added screenshots of the Citi Rewards points transfer page into the guide above to help make this clear.
150K net income requirement? Jesus, why so high. It has a $350 annual fee attached. I got the Amex charge card no problems on 80-100k income. Citibank are nuts.
I have had some good value out of the card over the last year, in particular the free night which I used in Hong Kong. However regarding the chauffeur service, be aware that the car that is sent generally will accommodate one large case per traveller – any more and you have to pay extra. We had a C220 (hardly limo) on one journey – given that the card targets higher earners, one would expect that they probably fly business, thus baggage allowances would permit 232kg per passenger. In some cases UberX works out cheaper than the excess charged for the *free chauffeur service to include the 2 cases per passenger. Tried to book one from JFK to Manhattan and discovered the offer was valid for APAC countries only (note there are a number of definitions as to what are considered to be APAC countries).
From memory there was a 30,000 point bonus upon annual renewal – haven’t seen this yet and will query with Citi. Any view on this?? Tried to negotiate a reduced renewal fee but no luck.
All in all, good value IF you use the offered benefits – bear in mind the 4th night free offer must be for stays booked through VISA, not through Pointshound or other point-earning sites.
Thanks for the feedback Reg.
Limo – I have used the Citi Limo service once so far; I got picked up in a Merc R-Class (7 seater) – so I guess there are a lot of varying experiences to be had here.
4th night free – we’ll have a guide on this coming in the next week, but yes, it needs to be booked through the dedicated Citi Concierge.
NB The half price annual fee offer that is supposed to close out later in September no longer has valid links within the Citi site.
My experience with this card is that the customer service department does not recognise its more important clients – an enquiry can take 40 minutes to be answered. So I finally sucummed and got an Amex card – wow the customer service levels kill those of Citibank – I just wish I could find a decent non – Amex card for those typical non- Amex purchases.
You should still be able to find the half annual fee offer via the Qantas-linked offer shown above – let me know if this is not the case? It’s supposed to be valid until the end of September.
Points are the points earned on Eligible Transactions.
Eligible Transaction means any Retail Purchase which is made by the use of a Card or any other means permitted by Citibank, excluding (but not limited to) transactions by way of Cash Advances, Balance Transfers, Special Promotions, fees, purchases of foreign currency and travellers cheques, foreign exchange and ATM/ Bank charges, interest charges, nance charges, government charges, payments to the Australian Taxation Of ce, insurance charges, payments to Citibank loan accounts (mortgage etc), purchases in excess of limits on the Account, transactions made in operating a business and if the Account is more than $10,000 in credit only, all other transactions.
Has anyone received a product upgrade offer to move from Citibank Visa Signature to Citi Prestige and maintain the Visa Signature annual fee / no annual fee as is?
I haven’t heard of any specific success – I’d be interested in this too. What others have said is that a $350 annual fee seems to be readily negotiable out of Citi, sometimes even on application (after approval though) and not just renewal.
do you know if the relationship bonus can be paid in Qantas points? also I presume there is no bonus points for overseas spend if you choose Qantas earning?
I think the bonus is (probably) paid in the same currency as you are earning in. However I don’t know for sure that it pays out for Qantas Points. It would be worth double checking with Citibank. They should, but you never know.
And yes, no bonus points on overseas spend with Qantas earn. Citibank Rewards is definitely the way to go for earn on spend with this card.
Does anyone know how long it will take to transfer from Citi Points over to Krisflyer? Its been two days for me and I am wanting to redeem a flight while its still available.
They are holding my points hostage for over 8 days now – I transferred the equivalent of 130,500 KrisFlyer points (=x2.5 Citi reward points) and still haven’t received them in my KrisFlyer account. When I rang them, they said there is nothing they can do about it, as it is an automated process that can take up to 28 days!!
Should I miss out on the saver fare I transferred the points to my KrisFlyer account for, I’d be at a significant financial disadvantage…
I don’t understand how they can get away with such a prolonged process that disadvantages their customers. A previous transfer for a similar amount of points was instant, so it obviously can happen in a timely way.
VERY unhappy, Jan!!
Details of the new “airport transfer” offer has now been published.
Seems more flexible but now has MIN spend of $100. Would require careful use.
Details here https://www1.citibank.com.au/credit-cards/benefits/prestige#Uber-Premier
T&Cs (via Citi site) don’t refer to old offer so those who have already used it this year may be in luck…
Do you have a guide for the Qantas version of this card?
Very interested to know what qualifies as “Retail Purchases”
Gotta spend $7.5k in 2 months so dont want to mess it up
Does anyone know what is the definition of “national retailer”? I assume it uses some sort of merchant classification code to figure it out but that is not on the statment and the rewards point statement seems to be daily instead of per transaction so it’s difficult to figure out exactly how many points are earned with a particular transaction.
If possible check your points balance before and after doing one transaction at a retailer to see if the points are doubled.
Hello, just wanting to check if the transfer partners for the Prestige card have been confirmed recently, as it looks like Citi have severely reduced the partners as of 26 March 2022, as per below:
Please note that the following Points Transfer Partners will no longer be available from 26th March 2022: Eva Air, Flying Blue, Intercontinental Hotel Group, Jet Privilege, Malaysia Airlines, Thai Airways, and Turkish Airlines. You will still be able to redeem Points for other Points Transfer Partners and on all other categories such as Pay with Points, Shop with Points, eVouchers and more.
Horrified that you are actually saying anything positive about this card. Went from being the best non-amex to the worst card available. They have killed off all the benefits and earning and kept the $750 annual fee. Avoid this card at all costs.
Are you aware if there is anything stopping you getting the bonus on both prestige and signitire cards? Can not seem to see any restrictions or exclusion periods?
The look of the card updated, same as the US version now. Just wondering, is the card also upgraded to a metal card as the US.
Do you know if the bonus would still apply if you had another Citi issued card (e.g. Virgin Money or Qantas Premier)?
There is nothing in the terms and conditions which prevent someone that currently holds another Citi-issued card from earning the bonus points on this card.
Are you aware if there would be a second credit history check for the diners club card?
I would only be interested in including it if there was just the single application on my credit history for the visa/diners club combination.
Hi Simone
I have confirmed with Citibank that applying for a linked Diner’s Club card will not create an additional credit enquiry, however as at 11 September, I was advised that they have temporarily suspended issuing these cards due to their systems requiring upgrading. Citibank could not give a specific date when this will be up and running again.
Does anyone have any idea on the $150k income requirement and how it’s determined/assessed?
If your household income meets that, would it be sufficient? Or does it need to be individually?
If individually, if your recent fortnightly pay shows the correct amount say would that suffice?
It would be good if you could utilise household income. Does anyone know if this is possible?
Is it correct that it is 2 rewards points = 1 velocity point? Just looking on https://www.citirewards.com/tygr-web/partnerProgramsListing.htm?sourceCode=GRCB&cmp=nav&lid=sub-nav|travel|points-transfer and it suggests it is 2.5 rewards points = 1 velocity point?
Also, is there any eligibility requirements for other citi products such as the Virgin Money card?
It is a confusing website. From our Citi Rewards guide:
As for eligibility requirements, check out the Virgin Money guide as it lists the minimum income requirement for both cards. You cannot receive the welcome bonus if you are an existing cardholder.
Thanks for the response. That’s great regarding the 2 velocity points. My other question was poorly worded. I was trying to find out if i currently hold a virgin money card (or another a Citibank product) if I am ineligible for this sign up bonus?
Gotcha—I understand now. There is nothing in the terms and conditions (listed at the end of the card guide) that says that existing Virgin Money (or other Citi) cardholders are ineligible for the bonus points but I’d guess that if you have had the Citi Prestige before, then it is worth calling Citi to confirm your eligibility, especially given the big bonus points at play!
As it takes 20 months to earn the full quota of points you would need to have paid 2x the $700 annual fee?
Correct.
Hi Keith
If I am not mistaken, it requires a 250000$ engagement with Citibank to be a Citigold customer…
Also I wonder whether the the “old” Citigold benefits (re-signing points and half annual fee) for this card are still valid now that the sign-on bonus points have been upped significantly – any information on this?
Hi Philip
Thanks for your question.
Citibank does not provide much information with regards to their Citi Gold product, with the benefits seeming to be private to customers.
We therefore have no way to verify this information with Citibank and have removed this information from the article for the time being.
So to get the full 400,000 points over 20 months does that require two x $700 annual fees?
Correct.
Yep! The 2018 terms and conditions state that:
anyone know the re-apply timeframe for the bonus points?
I’ve just cancelled my Prestige card in lieu of all the changes. The best offer I received was a $350 annual fee or 20,000 Qantas points.
When you can then go and apply for the new Qantas Premier card and get 75,000 bonus points and a $149 first year fee ($299 thereafter), the math doesn’t add for me to retain the Citibank Prestige card. Simply put, its not what it used to be.
Also note that now HHonors is not a transfer partner for Citi Rewards from 12th Dec 17.
Yep, we are aware of that and have added a note into this guide.
Just a small note for anyone thinking the benefits are valuable. Be aware a lot of them are time bound. For example, the 4th night free benefit is for 2017 only. That is you must book AND STAY within this calendar year. It’s a really silly benefit. If you look at the same product in other countries, they refund you the 4th night. Here they placed a silly time restriction on it. With 4 months to go until 2018 and me wanting to book 4 nights in January 2018, I presumably have to wait until 2018 to get this benefit….well done CitiBank…
So.. I’m pretty annoyed at the changes and can’t decide if I should save myself the 300 bucks and go down to the Signiture card.. I probably wouldn’t benefit from the unlimited priority pass and I’ve never used the chauffeur.. I reckon I’d be spending mostly on the 1 point level and when I signed up for the card (it was a Select in those days) there was no currency commission and I got 5 dollars a point.
Not sure if I should look elsewhere or just downgrade to a Signiture. It looks like the extended warranty and travel insurance are basically the same.
Ideas
Excuse the typos..
Does anyone know if you have a home loan with Citibank whether you get a free/reduced annual fee with the Prestige?
Thanks
Rob
Check out Citi Gold – I think that might include home loans. That usually results in halved annual fee.
Is the reduced Ann Fee for sign up still valid? Also some comments re negotiation for reduced Ann Fee permanently? On Web site of Citi Rewards Transfer for Kris Flyers is 2.5 to ! not 2 to 1 ???
Peter
The reduced annual fee has now ended. Have a read of the guide for the transfer rates and why the Citi website has this different.
Any success applying for this deal with bonus if you have an existing Citi card? I have a Citi Signature no fee for life card.
Hi
Just wanted to check if the above info is current interms of citi rewards points transfer rate. Do the citi prestige card rewards points transfers calculate to 2 points or 2.5 points or 3 points ? –> when transferred to skywards/velocity/kris
According to their website (citirewards.com – choose TRAVEL and then select POINTS TRANSFER) , info says 3, 2.5 and 2.5 for Skywards/Velocity/Kris respectively.
According to info above, you have only mentioned velocity and kriss as the main examples and used 2 points as calculation. Could you please confirm?
Thanks
2 for KF/AM/Velocity is correct for the Prestige. The Citi Rewards website doesn’t seem to quote points transfer rates for the Prestige card. I have added screenshots of the Citi Rewards points transfer page into the guide above to help make this clear.
150K net income requirement? Jesus, why so high. It has a $350 annual fee attached. I got the Amex charge card no problems on 80-100k income. Citibank are nuts.
I have had some good value out of the card over the last year, in particular the free night which I used in Hong Kong. However regarding the chauffeur service, be aware that the car that is sent generally will accommodate one large case per traveller – any more and you have to pay extra. We had a C220 (hardly limo) on one journey – given that the card targets higher earners, one would expect that they probably fly business, thus baggage allowances would permit 232kg per passenger. In some cases UberX works out cheaper than the excess charged for the *free chauffeur service to include the 2 cases per passenger. Tried to book one from JFK to Manhattan and discovered the offer was valid for APAC countries only (note there are a number of definitions as to what are considered to be APAC countries).
From memory there was a 30,000 point bonus upon annual renewal – haven’t seen this yet and will query with Citi. Any view on this?? Tried to negotiate a reduced renewal fee but no luck.
All in all, good value IF you use the offered benefits – bear in mind the 4th night free offer must be for stays booked through VISA, not through Pointshound or other point-earning sites.
Thanks for the feedback Reg.
Limo – I have used the Citi Limo service once so far; I got picked up in a Merc R-Class (7 seater) – so I guess there are a lot of varying experiences to be had here.
4th night free – we’ll have a guide on this coming in the next week, but yes, it needs to be booked through the dedicated Citi Concierge.
NB The half price annual fee offer that is supposed to close out later in September no longer has valid links within the Citi site.
My experience with this card is that the customer service department does not recognise its more important clients – an enquiry can take 40 minutes to be answered. So I finally sucummed and got an Amex card – wow the customer service levels kill those of Citibank – I just wish I could find a decent non – Amex card for those typical non- Amex purchases.
You should still be able to find the half annual fee offer via the Qantas-linked offer shown above – let me know if this is not the case? It’s supposed to be valid until the end of September.
The Citi Rewards terms are here.
Quoting them:
Is that 100 percent the reduction in reward points earned from March next year? I spoke with Citibank and they had no idea about this.
w.e.f 1 November 2015 – Citibank have devalued transfer rate to KF and VA. If not earning for QF time to ditch this one!
Just a note, the 1 free night hotel list has been updated on Citi’s website.
Thanks, I’ll take a look and update the guide.
Has anyone received a product upgrade offer to move from Citibank Visa Signature to Citi Prestige and maintain the Visa Signature annual fee / no annual fee as is?
I haven’t heard of any specific success – I’d be interested in this too. What others have said is that a $350 annual fee seems to be readily negotiable out of Citi, sometimes even on application (after approval though) and not just renewal.
I did receive an email about the upgrade. I assume since you asked about the zero fee did you apply for your signature card during the veda promo?
hi Keith
do you know if the relationship bonus can be paid in Qantas points? also I presume there is no bonus points for overseas spend if you choose Qantas earning?
I think the bonus is (probably) paid in the same currency as you are earning in. However I don’t know for sure that it pays out for Qantas Points. It would be worth double checking with Citibank. They should, but you never know.
And yes, no bonus points on overseas spend with Qantas earn. Citibank Rewards is definitely the way to go for earn on spend with this card.
Emirates Skywards Miles: 2.5 Citibank reward points = 1 Skywards Mile
Thanks, good catch. Will update.