The Citi Premier℠ really manages to live up to its reputation. Managing to reward you with quite some generous benefits regarding entertainment, travel, dining, strong redemption points options, and a generous sign-up bonus.
For airfare, which has been booked through Citi, you are awarded 1.25 cents for each point, which has been redeemed. You have the opportunity to earn even more reward points if you manage to transfer your reward points to one of Citi’s partner airlines.
As a result, Citi Premier holds several benefits that might be of interest to you. Let’s find out about them!
Features
Often overlooked, the Citi Premier℠ Card manages to offer a pretty generous welcome bonus, which could sum up to $750 in travel points.
Specific spending categories reward you 3 times the points as usual, which, in turn, earns you points that could be transferred to more than 12 partnering airlines.
The welcome bonus amounts up to 60,000 ThankYou points once you spend $4,000 within 3 months, the Citi Premier manages to outwit its competition as of this year.
Each ThankYou point has the possibility of being redeemed for 1.25 cents with airfare spending.
Benefits
ThankYou points can be earned with the use of the Citi Premier℠ Card. This is one of four transferable point currencies, which has also increased in value in the past few years. Offering x3 points when it comes to gas, supermarket, and travel purchases, the Citi Premier card submits to no limit on how many bonus points can be earned within this bonus category.
Besides the card’s x3 points, the Citi Premier card manages to offer x3 points on dining as well. This is astonishing, as dining is a major bonus category for many, while bonus points regarding entertainment are quite a unique benefit not usually featured by other competitors.
Airline flyer programs are as complex as they are and manage to put off many people when it comes to this issue. Thus, making the possibility of redeemable points at the value of 1.25 cents a great benefit.
By booking your flight through the Citi ThankYou travel center, you are left with deciding whether or not your ticket will be paid partly or entirely with ThankYou points. Doing so will help you avoid complicated pricing and blackout dates, which can be frequent with airline flyer programs, plus you will have the possibility of earning airline miles.
How to Apply
A hard credit check is conducted on all Citibank applications, which can lower your credit score. Most online lenders manage to pre-qualify you for a certain loan using a soft credit pull, which does not affect your credit score.
You have the possibility of applying in-person or online by visiting the Citibank website. An application can also be submitted at any Citibank branch or by calling Citibank customer service.
Who Is Eligible?
The welcome bonus is not available for clients who have the following.
- Managed to close the Citi Rewards+ feature, Citi Premier, Citi ThankYou Preferred, or Citi Prestige within the past 2 years.
- Managed to receive a new cardmember bonus using the Citi Rewards+ feature, Citi Premier, Citi Prestige, or Citi ThankYou Preferred within the past 2 years.
There is no issue regarding the ownership of any of these other cards, and the only restriction is that you must not have closed it or opened it within that time. As a result, you are eligible to receive the Citi Premier card if you are already a Citi Prestige card owner as long as you received the Citi Prestige card over 2 years ago.
Citibank also has the following general car approval rules.
- Apply for two Citi cards once every 65 days
- Apply for only one Citi card once every 8 days
Fees and Interest
- Annual fee - $95
- Supplementary cardholder fee - none
- Foreign transaction fees - none
- Standard purchase APR - 15.99% - 23.99% variable
- Balance transfer APR - 15.99% - 23.99% variable
- Cash advance APR - 25.24%
- Penalty APR - up to 29.99% when applied
- Minimum interest fee - $0.50
- Cash advance fee - $10 or 5% of the amount of each cash advance, whichever is greater
- Balance transfer fee - $5 or 3% of the amount of each transfer, whichever is greater
Bank Contact Info
For more information about Citibank credit cards, you can visit their nearest branch by searching for locations on the Citibank website.
Alternatively, you may call 1 (800) 950-5114 for credit card support. The bank's head office address is 388 Greenwich Street, New York, NY 10013, U.S.A.
Summary
The Citi Premier℠ Card is, unfortunately, an underrated card, although it has the possibility of earning you valuable transferable points.
The card has a huge welcome bonus, a reasonable annual fee, and a wide range of bonus categories that can come into use, especially for people who tend to spend a lot on gas, dining, travel, and entertainment.
Note: There are risks involved when applying for and using credit. Consult the bank’s terms and conditions page for more information.
