If you’re a frequent traveller who loves to indulge in luxury experiences, the Citi Prestige Card is a credit card worth considering. This card is designed for high net worth individuals who want to enjoy exclusive privileges and earn rewards while travelling. In this article, we’ll review the Citi Prestige Card in Singapore and highlight its key features, benefits, and fees.
The Citi Prestige Card offers a range of benefits and rewards that cater to the needs of frequent travellers. From complimentary airport lounge access to golf privileges, this card is packed with features that make travelling more convenient and enjoyable. Additionally, you can earn rewards points that can be redeemed for flights, hotels, and other travel-related expenses. If you’re interested in learning more about the Citi Prestige Card, keep reading to find out about its key features and benefits.
Key Takeaways
- The Citi Prestige Card offers a range of travel-related benefits and rewards that cater to the needs of frequent travellers.
- This card comes with a high annual fee, but the benefits and rewards can offset the cost if you use them regularly.
- To be eligible for the Citi Prestige Card, you need to meet certain income and credit requirements.
Key Features and Benefits
The Citi Prestige Card is a premium credit card that offers a range of exclusive features and benefits to enhance your travel experience. Here are some of the key features and benefits that make this card stand out from the rest:
Exclusive Travel Perks
As a Citi Prestige Cardholder, you can enjoy a range of exclusive travel perks, including access to over 1,000 airport lounges worldwide through Priority Pass membership. This means you can relax in comfort and style while waiting for your flight, with complimentary food and drinks, free Wi-Fi, and other amenities.
You can also take advantage of a $200 annual travel credit, which can be used to offset the cost of flights, hotels, car rentals, and more. Plus, you can enjoy special discounts and privileges at top hotels and resorts worldwide, such as complimentary room upgrades, late check-out, and other perks.
Luxury Hotel Benefits
One of the standout features of the Citi Prestige Card is the luxury hotel benefits it offers. You can enjoy a complimentary fourth night stay when you book a minimum of four consecutive nights at any hotel through the Citi Prestige Concierge. This means you can save money and enjoy an extra night of luxury at some of the world’s top hotels and resorts.
In addition, you can enjoy a range of other hotel benefits, such as daily breakfast for two, room upgrades, early check-in, and late check-out. These benefits can help you make the most of your hotel stays and enhance your overall travel experience.
Comprehensive Travel Insurance
The Citi Prestige Card also offers comprehensive travel insurance coverage, which can provide peace of mind when you’re on the go. You can enjoy coverage for trip cancellation and interruption, travel accident insurance, baggage delay and loss, and more.
In addition, you can take advantage of a $100 Global Entry or TSA Pre✓® application fee credit, which can help you save time and hassle when going through airport security and customs.
Overall, the Citi Prestige Card is an excellent choice for frequent travellers who value luxury, convenience, and peace of mind. With its exclusive travel perks, luxury hotel benefits, and comprehensive travel insurance coverage, this card can help you make the most of your travels and enjoy a more comfortable and stress-free experience.
Earning Rewards
When it comes to earning rewards, the Citi Prestige Card offers some exciting opportunities. Here are some of the ways you can earn rewards with this card:
Accelerated ThankYou Points
With the Citi Prestige Card, you can earn accelerated ThankYou Points for every dollar you spend. For example, you can earn 5 ThankYou Points for every dollar you spend on dining, entertainment, and leisure activities. You can also earn 3 ThankYou Points per dollar spent on travel and 1 ThankYou Point per dollar spent on all other purchases. This means that you can earn rewards quickly and easily, allowing you to redeem them for a variety of exciting benefits.
Dining and Entertainment Rewards
If you love dining out and going to shows, you’ll love the rewards offered by the Citi Prestige Card. With this card, you can earn 5 ThankYou Points per dollar spent on dining and entertainment. This includes everything from restaurants and bars to concerts and movies. Plus, you’ll also receive exclusive access to some of the best restaurants and entertainment venues in Singapore, giving you the chance to enjoy even more rewards.
Miles and Partner Programs
In addition to earning ThankYou Points, the Citi Prestige Card also allows you to earn miles with a variety of partner programs. For example, you can earn KrisFlyer miles with Singapore Airlines, Asia Miles with Cathay Pacific, and many other airline miles. You can also transfer your ThankYou Points to these partner programs, allowing you to earn even more miles and redeem them for exciting travel benefits.
Overall, the Citi Prestige Card offers a range of exciting opportunities to earn rewards. Whether you’re looking to earn ThankYou Points, miles, or other rewards, this card has something for everyone. With its generous earn rates and local earn opportunities, you can quickly accumulate rewards and enjoy a range of benefits.
Fees and Charges
If you’re considering the Citi Prestige Card, it’s important to understand the fees and charges associated with it. Here’s what you need to know:
Understanding the Annual Fee
The Citi Prestige Card comes with a non-waivable annual fee of S$535. This fee is charged to your card account every year, and there is no way to avoid it. However, the card does offer a range of benefits and perks that can help offset this cost.
Other Relevant Charges
In addition to the annual fee, there are a few other charges you should be aware of:
- Effective Interest Rate (EIR): If you carry a balance on your Citi Prestige Card, you’ll be charged interest on that balance. The EIR for this card is 26.9% per annum, which is higher than some other credit cards on the market.
- Minimum Spend: To qualify for the sign-up bonus, you’ll need to spend a minimum amount on your Citi Prestige Card within the first few months of card membership. Be sure to check the terms and conditions of the offer to find out what this minimum spend is.
- Late Payment Fee: If you don’t pay your Citi Prestige Card bill on time, you’ll be charged a late payment fee of S$100. This fee is charged every time you miss a payment deadline.
- Transfer Fee: If you want to transfer a balance from another credit card to your Citi Prestige Card, you’ll be charged a fee of 1.99% of the amount transferred.
- Annual Fees: Besides the non-waivable annual fee of S$535, there are other annual fees that come with the card. For example, the annual fee for the Citigold Private Client and Citigold members is S$321, while the annual fee for Citibanking and other customers is S$535.
Overall, while the Citi Prestige Card does come with a relatively high annual fee, it also offers a range of benefits and perks that can make it a worthwhile investment for frequent travellers and high spenders. Be sure to weigh the costs and benefits carefully before deciding if this card is right for you.
Cardholder Privileges
As a Citi Prestige Cardholder, you are entitled to a wide range of exclusive privileges that cater to your lifestyle. Here are some of the benefits you can enjoy:
Golfing Advantages
If you are a golf enthusiast, the Citi Prestige Card is perfect for you. With complimentary green fees at some of the most prestigious golf clubs in Singapore, you can play your favourite sport without any additional costs. You can also enjoy priority booking privileges, so you can secure your preferred tee times.
Dining Exclusives
The Citi Prestige Card offers an array of dining benefits that will tantalise your taste buds. You can enjoy up to 20% off your total bill at selected restaurants, including haute dining establishments. You will also receive dining vouchers worth up to SGD 800 when you sign up for the card. Additionally, you can enjoy complimentary wine and champagne at selected dining outlets.
Additional Card Benefits
As a Citi Prestige Cardholder, you can also enjoy a host of additional benefits. You can apply for up to four supplementary cards for your loved ones, so they too can enjoy the privileges of being a Citi Prestige Cardholder. You can also earn up to 1.3 miles for every SGD 1 spent locally with the Citi Prestige Card. Furthermore, you can earn up to 2 miles for every SGD 1 spent overseas with the Citi PremierMiles Card.
The card also offers Citi PayAll, which allows you to pay for expenses such as rent, education, taxes and more, using your Citi Prestige Card. This means you can earn miles on payments that you would not normally earn miles on. You can also earn additional rewards points with the Citi Rewards Card when you spend on groceries and Grab rides.
Finally, the Citi Prestige Card gives you VIP access to some of the most exclusive events in Singapore. This includes access to exclusive movie screenings, fashion shows and more.
Travel Convenience
Travelling with the Citi Prestige Card offers you unparalleled convenience and luxury. With unlimited access to airport lounges worldwide, you can relax and unwind before your flight, enjoying complimentary refreshments and Wi-Fi access. The card also provides luxury travel services, including free airport limousine transfers, ensuring a seamless and opulent travel experience.
Airport Lounge Access
The Citi Prestige Card grants you access to a wide network of airport lounges globally, allowing you to escape the hustle and bustle of the terminal. Enjoy the tranquillity and comfort of these exclusive spaces, whether you’re travelling for business or pleasure.
Luxury Travel Services
In addition to lounge access, the card offers complimentary airport limousine transfers, adding a touch of sophistication to your journey. The convenience of arriving at the airport in style and comfort is just one of the many perks of holding the Citi Prestige Card.
Eligibility and Application
If you are interested in applying for the Citi Prestige Card in Singapore, there are certain eligibility criteria that you need to meet. Here’s what you need to know:
Income and Employment Criteria
To apply for the Citi Prestige Card, you need to have a minimum annual income of SGD 120,000. However, if you are a Citigold customer, you can apply with an annual income of SGD 30,000.
In addition to meeting the income requirement, you also need to be employed and have a valid employment pass. Self-employed individuals are also eligible to apply for the card, but they need to provide additional documents such as their income tax statements.
Application Process
The application process for the Citi Prestige Card is straightforward. You can apply online through the Citibank website or visit a branch in person to fill out an application form.
To apply online, you need to provide your personal and employment details, as well as information about your income and expenses. You will also need to upload supporting documents such as your employment pass and income tax statements.
Once your application is submitted, it will be reviewed by Citibank, and you will be informed of the status of your application within a few days. If your application is approved, you will receive your Citi Prestige Card in the mail within a few weeks.
Overall, the application process for the Citi Prestige Card is simple and straightforward, and if you meet the eligibility criteria, you can apply with confidence.
Comparative Analysis
Citi Prestige vs Other Premium Cards
When it comes to premium credit cards in Singapore, the Citi Prestige card is one of the most popular choices. However, it’s important to compare it with other premium cards to see how it stacks up. The DBS Vantage, OCBC Voyage, HSBC VI, and UOB VI Metal are some of the other premium cards available in Singapore.
Compared to the DBS Vantage card, the Citi Prestige card offers a higher earn rate for miles, especially for overseas spending. However, the DBS Vantage card offers cashback on local spending, which the Citi Prestige card does not.
The OCBC Voyage card offers a similar earn rate for miles, but the Citi Prestige card offers more travel benefits, such as access to airport lounges and complimentary hotel stays. The HSBC VI card offers similar travel benefits, but the Citi Prestige card has a higher earn rate for miles.
The UOB VI Metal card is another premium card that offers similar travel benefits to the Citi Prestige card, but it has a higher annual fee. The UOB Visa Infinite Metal Card is another metal card that offers similar travel benefits, but it has a lower earn rate for miles.
Market Competitiveness
The Citi Prestige card is highly competitive in the market, especially for affluent consumers who place a premium on luxury travel privileges. With a 71,000 miles sign-up bonus and a range of travel benefits, it’s a great option for those who travel frequently.
Compared to other premium cards, the Citi Prestige card is highly competitive in terms of its earn rate for miles and travel benefits. While it may not offer cashback on local spending like the OCBC Voyage card, it offers a range of other benefits that make it a great option for frequent travellers.
Overall, the Citi Prestige card is a great option for those looking for a premium credit card in Singapore. With its metal cardstock and range of travel benefits, it’s a card that is sure to impress.
Frequently Asked Questions
What fabulous perks does the Citibank Prestige Card offer for avid golfers?
If you are an avid golfer, you will love the complimentary access to some of the most exclusive golf clubs in Singapore and around the world with the Citi Prestige Card. You can enjoy up to four complimentary green fees per year at some of the most prestigious golf clubs in Singapore, such as Sentosa Golf Club and Laguna National Golf & Country Club. Additionally, you can also enjoy complimentary access to over 2,000 golf courses worldwide with the Citi Prestige Mastercard® Golf program.
How can one delight in the benefits of the Citi Prestige supplementary card?
The Citi Prestige supplementary card allows you to share the benefits of your Citi Prestige Card with your loved ones. You can apply for up to four supplementary cards for your family members, and they can enjoy the same privileges as the primary cardholder. The supplementary cardholders can also earn rewards points on their purchases, which can be redeemed for a variety of rewards, such as air miles, cashback, and merchandise.
What’s the buzz about the latest Citi Prestige Card promotions?
The Citi Prestige Card offers a range of exciting promotions throughout the year, such as cashback on dining, shopping, and travel expenses, complimentary hotel stays, and discounts on luxury goods. These promotions are designed to enhance your lifestyle experiences and provide you with more value for your money. Keep an eye on the Citi Prestige Card promotions page for the latest offers and deals.
Can the annual fee for the Citi Prestige card be waived, and if so, how?
The annual fee for the Citi Prestige Card is S$535 per year. However, the annual fee can be waived if you meet certain eligibility criteria, such as having a high income or maintaining a high balance in your Citibank account. You can contact Citibank customer service to find out more about the eligibility criteria for the annual fee waiver.
How does the Citi Prestige Concierge service enhance your lifestyle experiences?
The Citi Prestige Concierge service is a personalised lifestyle management service that is available 24/7 to assist you with your travel, dining, and entertainment needs. The concierge can help you with everything from booking flights and hotels to securing tickets for concerts and sporting events. The service is complimentary for Citi Prestige Cardholders, and it is designed to enhance your lifestyle experiences and make your life easier.
Is there a minimum income threshold to be eligible for the Citi Prestige Card?
Yes, there is a minimum income threshold to be eligible for the Citi Prestige Card. The minimum income requirement is S$120,000 per year for Singaporeans and permanent residents and S$150,000 per year for foreigners. Additionally, you must also meet other eligibility criteria, such as having a good credit score and a stable source of income.
