Citi relaunches the Citi Prestige Credit Card to new applicants

Additional changes still to come

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The editorial content below is based solely on the objective assessment of our writers and is not driven by advertising dollars. However, we may receive compensation when you click on links to products from our partners. Learn more about our advertising policy. The content on this page is accurate as of the posting date; however, some of the offers mentioned may have expired. Please see the bank's website for the most current version of card offers; and please review our list of best credit cards to find our current offers, or use our CardMatchTM tool to find cards matched to your needs.

If you've been waiting to take advantage of the Citi Prestige® Credit Card's new 5-point bonus on dining and air travel and 3-point bonus on cruise lines, you're in luck: Citi has reopened the Prestige card to new applicants as of Jan. 31, 2019, after being closed since August 2018.

While existing cardholders have had access to the increased rewards rate as of Jan. 4, 2019, new cardholders can begin applying  for the offer on Jan. 31.

Earn 5x points on dining and air travel

The Citi Prestige card updated its rewards rate on Jan. 4 to offer five points per dollar on dining and air travel, three points per dollar on cruise lines and hotel purchases and one point per dollar on everything else. 

See how the updated rewards rate compares to the previous offer:

Updated offer Previous offer
  • 5 points per dollar on dining and air travel
  • 3 points per dollar on cruise lines and hotel purchases
  • 1 point per dollar on general purchases
  • 3 points per dollar on air travel and hotels
  • 2 points per dollar on dining and entertainments
  • 1 point per dollar on general purchases

Additional card changes include:

$250 annual travel credit – Instead of being limited to air travel, the $250 annual credit has been expanded to include all eligible travel purchases, such as taxis, hotels, car rentals, parking tolls and more. 

Cell phone assistance – Starting in May 2019, cardholders will receive cell phone assistance for damage or theft of a phone when they use their Citi Prestige card to pay their monthly cell phone bill.

Not all changes are positive ones

Along with the removal of the two-point bonus on entertainment purchases, Citi Prestige cardholders can expect a few negative changes, including:

Devalued points redemption – Cardholders no longer receive a 25-percent bonus when they redeem their ThankYou points for air travel. Meaning – each point will be worth 1 cent (instead of 1.25 cents) when redeemed for travel through Citi’s travel portal.

Annual fee increase – The already high annual fee of $450  has increased to $495. Additionally, an authorized user fee of $75 will be implemented. Note, these changes will not apply to cardholders who are Citigold and Private Bank clients.

Capped complimentary fourth night benefit – Instead of having the ability to use the fourth night benefit multiple times throughout the year, cardholders will be limited to using the benefit up to two times annually starting Sept. 1, 2019.

When can you apply?

Citi stopped accepting new applications for the Citi Prestige card in August 2018. However, because they relaunched the card on Jan. 31, 2019, new card members can begin applying as of that date. 

See related: Guide to earning and using Citi ThankYou points, Earn up to 50,000 bonus point with the Citi/AAdvantage World Elite cards


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Updated: 03-26-2019