The Citi Prestige® card is a premium offering designed for those who enjoy a luxurious lifestyle and exclusive experiences. With a host of travel perks, dining privileges, and reward opportunities, this card is ideal for frequent travelers and individuals looking to elevate their spending power.

New cardholders can start their journey with a generous welcome gift of up to 125,000 Citi ThankYou Points, which can be redeemed for flights, hotel stays, or other rewards. Whether it’s complimentary hotel nights, access to prestigious golf courses, or unlimited lounge access, the Citi Prestige® card offers a world of indulgence.

Key information about the Citi Prestige® card

The Citi Prestige® card offers a range of premium benefits, including a welcome gift of up to 125,000 Citi ThankYou Points, equivalent to 50,000 miles, complimentary night stays when booking four consecutive nights, and accelerated rewards with 5 ThankYou Points per S$1 spent overseas and 3.25 points per S$1 spent locally.

Additionally, cardholders enjoy six complimentary golf games at top courses in Asia, unlimited Priority Pass lounge access, and access to the Citi Prestige Concierge for travel and lifestyle assistance.

How does the annual fee work?

The Citi Prestige® card comes with a relatively high annual fee of S$535 (inclusive of GST), which is common among premium cards that offer such extensive benefits. This fee grants access to a wide range of luxury services, making it worthwhile for cardholders who can take full advantage of the perks.

While the annual fee is not waived for the first year, the value of the welcome gift, complimentary hotel night stays, and lounge access more than compensates for the cost. Cardholders who frequently travel or dine at premium restaurants can easily recoup the annual fee through the points earned and other privileges.

How is the credit limit determined?

The Citi Prestige® card offers a flexible credit limit that is determined based on the applicant’s income, credit history, and financial standing. As this is a premium card, the bank typically offers higher credit limits to individuals who meet the income requirement of S$120,000 per year or more.

Applicants with strong credit histories and higher incomes are likely to receive a more substantial credit limit, giving them the spending power they need to fully utilize the card’s benefits. However, the credit limit is subject to review by Citibank, and it may be adjusted over time based on the cardholder’s usage and payment patterns.

Advantages of the Citi Prestige® card

• Welcome bonus: Receive up to 125,000 Citi ThankYou Points, equivalent to 50,000 miles, as a welcome gift after spending S$2,000 in the first two months.
• Complimentary night stay: Enjoy a free night’s stay at any hotel or resort when you book at least four consecutive nights.
• Accelerated rewards: Earn 5 ThankYou Points for every S$1 spent overseas and 3.25 ThankYou Points for every S$1 spent locally, allowing cardholders to accumulate points quickly.
• Golf benefits: Take advantage of six complimentary rounds of golf at top-tier golf courses in Singapore, Malaysia, Indonesia, and China.
• Unlimited Lounge access: Enjoy access to Priority Pass airport lounges, providing a more relaxed travel experience.
• Dining privileges: Savor fine dining with special offers at select high-end restaurants through the Citi Prestige Dining Privileges program.

Citi ThankYou rewards program

The Citi ThankYou Rewards Program is one of the most attractive features of the Citi Prestige® card. Cardholders can earn 5 ThankYou Points for every S$1 spent overseas and 3.25 points for every S$1 spent locally, making it one of the best cards for accumulating travel rewards.

Points can be redeemed for flights, hotel stays, and a wide range of other options, providing flexibility for cardholders. The lack of blackout dates and the ability to redeem points through the Citi Travel Portal adds further value to this already impressive program.

Disadvantages

• High annual fee: The card’s annual fee of S$535 (inclusive of GST) may be prohibitive for some individuals, especially those who don’t frequently travel or dine at high-end establishments.
• Income requirement: The card is only available to individuals with an annual income of S$120,000 or more, making it inaccessible for some potential applicants.
• Complex redemption process: While the Citi ThankYou Rewards Program offers a wide range of redemption options, some cardholders may find the process of redeeming points for flights or hotel stays to be somewhat complicated.

High annual fee

The S$535 annual fee is a significant cost, especially for those who may not utilize all of the card’s premium features. While the complimentary night’s stay and lounge access can help offset this fee, individuals who don’t travel frequently may find it difficult to justify the expense. For these cardholders, a card with a lower annual fee might be a better fit.

Who can apply for this card?

The Citi Prestige® card is designed for high-income individuals who meet the following criteria:

• Age: Applicants must be at least 21 years old.
• Minimum income: A minimum annual income of S$120,000 is required for eligibility.
• Good credit history: Applicants should have a solid credit history to qualify for this premium card.

The card is geared towards individuals who have significant spending power and are looking to take advantage of exclusive travel, dining, and lifestyle perks.

How to apply for the Citi Prestige® card

Applying Through the website

The application process for the Citi Prestige® card is simple and can be completed online in just a few minutes. To begin, visit the Citi Prestige® card page on the Citibank website and click on the “Apply Now” button.

You will need to provide personal details such as your name, address, income, and employment information. Additionally, you may be asked to submit supporting documents, such as your NRIC/passport and recent income tax assessments.

Once the application is submitted, Citibank will review your credit history and financial background to determine your eligibility. If approved, you’ll receive your new Citi Prestige® card in the mail and can start enjoying its many benefits immediately.

In conclusion, the Citi Prestige® card offers a host of exclusive perks for high-income earners who enjoy luxury travel, fine dining, and premium rewards. While the card’s high annual fee and income requirement may be a barrier for some, the extensive benefits make it a worthwhile investment for those who can take full advantage of its features.