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The Citi Prestige® Credit Card is now offering 50,000 bonus ThankYou points after you make $4,000 in purchases within the first 3 months of account opening. Here are some ideas on meeting the spending requirement. Compare with other card bonuses here.
Redeeming towards flights booked through Citi is your best, easy redemption option, where the points are worth 1 cent apiece, or $500. If you’re willing to strategize to get more value out of your points, using their transfer partners could get you an average of 1.7 cents per point. Get a value of around $850 for 50,000 ThankYou Points with this method.
Ongoing rewards for this card include:
- 5 points per $1 spent on Air Travel and Restaurants.
- 3 points per $1 spent on Hotels and Cruise Lines.
- 1 point per $1 spent on all other purchases.
- Complimentary 4th hotel night after a minimum 4 consecutive night booking through ThankYou.com.
The Citi Prestige® Credit Card is in the premium travel credit card category and carries a massive $495 annual fee, which isn’t waived the first year either. Not surprisingly, most people wouldn’t even consider this card, and justifiably so. But this card has its place, and that’s with the frequent traveler who enjoys the premium travel benefits.
*You might also be interested in the Checking bonuses Citibank offers as well.