Citi Prestige Credit Card Review
Citi Prestige Credit Card
Introduction
Citi Prestige Credit Card is the flagship card offered by Citi Bank in the Indian market. This card offers premium features and benefits such as airport lounge access to free golf rounds. This card has everything to make your lifestyle more premium.
As a customer, you will never be at a loss for redemption offers as the card provides a vast array of redemption partners and loyalty programs. We will discuss its features & benefits below :
Citi Prestige Credit Card
Highlights
- Welcome Benefits: 2,500 Reward Points shall be credited to the card account within 60 days from the first transaction in case of a new member or within 60 days from the membership renewal date in case of a renewed card.
- Complimentary Night Stay: Complimentary night stay when you book a minimum consecutive four-night stay at any hotel or resort.
- Privileged Golf Experiences: Complimentary golf rounds and golf lessons services at select golf courses in India.
- Priority Pass Benefits: Complimentary unlimited Priority Pass lounge access for both primary and add-on card members.
- Earn Points that Never Expire: Redeem now or keep collecting – your points never expire.
Fees & charges of Citi Prestige Credit Card
| Description | Fees & Charges |
|---|---|
| Annual Fee | INR 20,000 + GST |
| Late Payment Charges | NIL for statement balance up to INR 2,000 INR 100 for statement balance above INR 2,000 |
| Foreign Currency Mark up Charges | 3.5% |
| Reissue of Lost, Stolen or Damaged card | NIL |
| Cash Advance Fee | 2%, Minimum Amount - INR 300 |
| Fuel Transaction Charge | 1% |
| Overlimit Charge | 2.5% |
| Finance Charge | 3.75% per month (45% per year) |
Eligibility Criteria of Citi Prestige Credit Card
Benefits of Citi Prestige Credit Card
This card is loaded with premium features/benefits. Let’s take a look:
Unlimited Airport Lounge Access
With this Citi bank credit card, you will get unlimited access to more than 1300+ Airport Lounges across the world under the Priority Pass program. This benefit will be availed by both the primary and add-on members.
Exciting stay at Premium Hotels
You will get a four-night stay completely free in the selected partner hotels. Also, the card offers a free subscription to the Taj Inner Circle Epicure program. Not only that, you can enjoy exclusive benefits and discounts on hotel bookings too.
Enjoy the Travel Convenience
Citi Prestige Card helps you to enjoy fast-track immigration at over 450 international airports with yQ (meet & assist) services with 25% off on retail rates. Also, you get luxury Airport Transfer Service with 20% off retail rates.
Golf & Concierge Services
The card offers premium golf services to the customer. You get 4 free rounds of golf and golf lessons across 15 golf clubs in India. You will become eligible for additional golf rounds based on your credit card spending. The service is valid for primary & supplementary card members. It has to be noted that the bookings must be made at least 4 working days in advance.
Reward Points Benefits
The card gives you the option to earn reward points on every domestic and international purchase that you make. Look at the different categories you can earn rewards from-
Also, you can redeem these reward points for Air Miles as well.
1 Reward point= 4 Frequent Flyer Air miles
Some of the top airlines where you can use your Air Miles are listed down:
There is more to the Reward Points Redemption. You can convert them to partner luxury hotel chain points and make your stay more eventful.
Premium Insurance Services
Being a customer of the Citi Prestige Card earns you a premium insurance cover. The amount covered is unheard of in the credit card industry in India.
Drawbacks of Citi Prestige Credit Card
Citi Prestige Credit Card
Drawbacks
- No Annual / Joining Fee reversal facility.
- Annual fee is high when compared to other premium credit cards.
- No exclusive discounts on shopping, entertainment, and movies.
- No reward points on fuel transactions and no convenience fee waiver either.
Final Words
Citi Prestige Credit Card is the preferred card for you if you like to earn excellent rewards on all your purchases and at the same time get exclusive travel and lifestyle benefits. This card has some great advantages and privileges. However, you may feel the pinch in your pocket due to its annual fee.
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FAQ’s
What is the Joining Fee of Citi Prestige Credit Card?
Rs 20,000 + GST
Does Citi Prestige Credit Card have Airport Lounge Access?
It has unlimited lounge access under Priority Pass Program for more than 1300+ airports across the globe. This feature is applicable for both – primary & add-on cardholders.
What are the income criteria to avail of a Citi Prestige Credit Card?
Minimum Income should be Rs 25,00,000.
Can the Annual Fee be reversed if annual spending reaches a specific limit?
There is no such facility available.
How can you redeem Reward Points earned through Citi Prestige Credit Card?
They can be redeemed by converting them to – a) Frequent Flyer Air Miles and b) Partner Hotel points.
