How Does the Citi Prestige Compare to Other Premium Credit Cards? Plus Citi Prestige Unboxing

The Citi Prestige just revamped their card by adding new features, but how does it compare to other premium cards like the Chase Sapphire Reserve, Amex Platinum, and US Bank Altitude Reserve? Jump to the end of the post for the unboxing video. 

View the Citi Prestige competitive analysis spreadsheet here. 

Fees and Credits

fees and credits

fees and credits

The Citi Prestige $250 travel credit is based on the calendar year so that you can get it twice in the first year. They're effectively giving you $50 to have the card. In Year 2 and onwards, you're only getting one travel credit per annual fee. 

One thing to be aware of with the Prestige is the travel credit doesn't post right away. It will post at the end of the statement period. The travel credit only applies to flights and general transportation like ride shares or bus passes.

Ignoring the signup bonus, the only other card where you're getting paid to have it is the Amex Platinum card if you are a frequent Uber rider.

In year 2 and onwards, the effective annual fee for the Citi Prestige is $200 ($450-$250 travel credit). This is higher than the competition where it's usually $75-$150.

To make the difference in annual fee worthwhile, you need to make sure you can take advantage of the Citi Prestige's "super powers." 

Signup Bonus

signup bonus

signup bonus

The current signup bonus for the Citi Prestige is 75,000 points when you spend $7,500 in the first three months of account opening. 

Most of the signup bonuses for the competitors are similar. It boils down to value of the signup bonus and how easy it is to redeem. In my opinion, I think the Chase Sapphire Reserve or the U.S. Bank Altitude Reserve is the easiest to use to get good value for travel. 

If you are looking to get the best value, then everything except for the U.S. Bank Altitude Reserve is ideal when you use transfer partners.  

For the most part, return on spend is about the same.

View the current public card offers by clicking the travel banner above this post.

 

Spend Multipliers

Spend multipliers

Spend multipliers

With the Citi Prestige, you earn 3x on flights and hotels, 2x on dining, and 1x on everything else.

If you fly a lot, the Amex Platinum at 5x is a good option.

The Chase Sapphire Reserve stands out because you earn 3x back on dining and travel. With the Prestige, you can earn 3x travel and 2x dining. 

If you do a lot of in-person shopping, earn 3x back on mobile payments w/ the US Altitude Reserve.

Priority Pass

All four premium credit cards come with different variations of the Priority Pass. Be sure to read your benefits guide to see what terms apply to you. 

priority pass and global entry

priority pass and global entry

  • Chase Sapphire Reserve- Unlimited visits and unlimited guests
  • Citi Prestige- Unlimited visits and two guests
  • Amex Platinum and Prestige- Unlimited visits and two guests
  • US Altitude Reserve- 12 visits per year and one guest

If you travel with more than two people, then the Chase Sapphire Reserve is optimal. Keep in mind that entry is at the discretion of the lounge. Another factor to consider is if you are traveling with friends, they may also have a credit card that grants them priority pass as well.

"Super Powers"

super powers

super powers

Citi Prestige - 4th night free and 3-hour trip delay insurance.

  • 4th night free: if you stay four consecutive nights, you get the 4th night free. You need to book through the Citi ThankYou portal or call the Prestige to redeem. 
  • The Citi Prestige's 3-hour trip delay insurance is the best in the industry

Chase Sapphire Reserve- 6-hour trip delay insurance

Amex Platinum- Amex Concierge, Centurion Lounge, Hotel Status match.

  • Amex Concierge: I've used the Amex Concierge a few times to make last minute reservations at restaurants that are usually booked a month in advance. The Amex Concierge is also great for event tickets. 
  • Amex Centurion Lounge: Unlimited visits to the Centurion Lounge, plus two guests as long as you have a flight the same day. 
  • Hotel Status match: Gold status match at SPG, Marriott, and Hilton hotels. Hotel status match is only valid the first year, and you must activate the membership in the Amex benefits portal. 

US Altitude- Earn 3x back on mobile payments.