Citi Premier bank card overview — The Factors Man

Editor’s word: This publish has been up to date with new data and gives. Citi is a TPG promoting companion.

The Citi Premier® Card is an under-the-radar gem with an outstanding vary of bonus classes. Whereas the cardboard isn’t as robust on the redemption facet as related choices from Chase or Amex, the flexibility to earn 3 factors per greenback on air journey, resorts, fuel stations, supermarkets and eating places (together with takeout) for simply $95 a yr remains to be a reasonably nice deal. Card ranking*: ⭐⭐⭐⭐

* Card ranking is predicated on the opinion of TPG’s editors and isn’t influenced by the cardboard issuer.

This card is among the finest earners on on a regular basis spending. It accrues 3 factors per greenback on air journey, resorts, fuel stations, eating places and supermarkets. Not dangerous for a card with a $95 annual payment.

Not solely that, however the factors you earn with the Citi Premier are among the many most versatile rewards currencies and are price 1.8 cents every by TPG valuations. That’s as a result of Citi has improved the ThankYou Rewards program considerably over time to compete with American Specific Membership Rewards and Chase Final Rewards.

Right here’s what else you must learn about this card — and why you may need to apply now.

Associated: The very best Citi bank cards

Citi Premier welcome provide

The Citi Premier is at present providing 60,000 bonus factors after you spend $4,000 on purchases inside the first three months of account opening. Citi makes use of a reasonably fascinating rule to find out bonus eligibility, although.

You gained’t be capable of earn the bonus on the Citi Premier in the event you’ve opened or closed the Citi Rewards+® Card, Citi ThankYou® Most well-liked*, Citi Premier or Citi Status® Card* within the final 24 months. Most issuers depend that point solely primarily based on once you opened a card or obtained a bonus, however with Citi, your clock additionally resets in the event you shut a card, so it’s all within the timing.

*The Citi ThankYou Most well-liked and Citi Status are now not out there for brand spanking new candidates. The data for the Citi Status has been collected independently by The Factors Man. The cardboard particulars on this web page haven’t been reviewed or supplied by the cardboard issuer.

There’s a $95 annual payment on the Citi Premier.

Associated: The last word information to bank card software restrictions

The Citi Premier’s incomes construction is one side the place the cardboard shines. Cardholders earn 3 factors per greenback on purchases within the following classes, with no caps or annual limits:

The cardboard additionally earns 1 level per greenback on all different purchases.

These incomes charges are among the many most spectacular of any journey rewards card, particularly contemplating the Citi Premier’s inexpensive annual payment.

Nonetheless, to coincide with the launch of Citi Journey with Reserving.com, Premier cardholders can earn 10 factors per greenback on bookings for resorts, rental automobiles and eligible sights when reserving by means of the portal by means of June 30, 2024.

Associated: The 8 finest bank cards with annual charges underneath $100

The Citi Premier can also be a best choice for vacationers, because of its participation within the ThankYou Rewards program, which at present has 14 airline switch companions and two lodge companions.

Whilst you’ll discover that lots of the frequent-flyer packages are these of worldwide airways, there are nonetheless some high-value (and simply redeemable) awards to be booked by means of them.

As an example, you’ll be able to leverage Air France-KLM Flying Blue miles for respectable business-class award availability on these airways and their SkyTeam companions, get some phenomenal offers on Star Alliance awards utilizing Avianca LifeMiles and offset paid fares with JetBlue TrueBlue.

You may as well redeem your ThankYou Factors for journey instantly by means of the Citi portal at a charge of 1 cent every, however that’s effectively under TPG’s valuation of ThankYou factors at 1.8 cents every, a quantity derived partly from Citi’s intensive listing of switch companions.

Associated: The last word information to Citi ThankYou Rewards

CITI PREMIER BENEFITS

A lot of the Citi Premier’s worth proposition comes from its potential to earn bonus factors in a slew of classes with out charging a hefty annual payment. As such, you shouldn’t count on an awesome variety of perks, however there are a number of advantages of this card that may aid you recoup your annual payment:

• $100 annual lodge credit score: You’ll take pleasure in a $100 credit score as soon as per calendar yr for single-stay lodge bookings of $500 or extra (excluding taxes and charges) made by means of the Citi journey portal.
• Prolonged guarantee safety: Provides 24 months to a producer’s guarantee.
• Injury and theft safety: Repairs or replaces an merchandise broken or stolen inside 90 days of buy (as much as $10,000 per incident and $50,000 per yr).
• World Elite Mastercard advantages: As a World Elite Mastercard, the Citi Premier confers a number of travel-related perks that buyers may not learn about. These embody a $5 month-to-month Lyft credit score after taking three rides in a calendar month and entry to the Mastercard luxurious resorts and resorts portfolio for on-property perks like complimentary breakfast and room upgrades upon availability. Via the World Elite Mastercard program, you’ll additionally take pleasure in perks like cellphone safety and International Emergency Companies.
• Citi® Leisure: This program offers cardholders particular entry to buy tickets to hundreds of occasions — from concert events and sporting occasions to distinctive eating experiences and film screenings — earlier than most of the people should buy them.
• No overseas transaction charges: Like several good journey card, the Citi Premier permits you to journey freely with out incurring a payment on worldwide spending.

• When you favor Chase playing cards: The Chase Sapphire Most well-liked Card, with an annual payment of $95, competes instantly with the Citi Premier. Whereas Chase’s switch companions (together with United MileagePlus and Southwest Speedy Rewards) may be extra useful for a lot of vacationers, there are some overlaps, together with Singapore KrisFlyer, Emirates Skywards and Virgin Atlantic Flying Membership. For extra data, learn our full overview of the Sapphire Most well-liked.
• In order for you a flat earnings charge: Attempt the Capital One Enterprise Rewards Credit score Card. It, too, fees a $95 annual payment, however this card comes with a much less profitable (however a lot less complicated) incomes charge of two miles per greenback on all purchases. As an alternative of an annual lodge credit score, you’ll stand up to a $100 International Entry or TSA PreCheck software credit score as soon as each 4 years with the Enterprise. You’ll even get two annual lounge visits per yr to Capital One’s nascent community of airport lounges — or use these passes at over 100 Plaza Premium lounge places. For extra data, learn our full overview of the Enterprise Rewards.
• In order for you a great deal of perks: One of many Citi Premier’s closest opponents over at American Specific is the American Specific® Gold Card, which earns 4 factors per greenback at eating places, 4 factors per greenback at U.S. supermarkets on the primary $25,000 in purchases per calendar yr (then 1 per greenback), 3 factors per greenback on flights booked instantly with airways or by means of Amex Journey and 1 level per greenback on different eligible purchases. The Amex Gold Card additionally comes with as much as $10 in month-to-month eating credit at choose eating places (as much as $120 in annual assertion credit) and as much as $10 in month-to-month U.S. Uber Money (as much as $120 yearly), offsetting the vast majority of the $250 annual payment (see charges and charges). Enrollment is required for choose advantages. For extra data, learn our full overview of the Citi Premier.

For extra choices, take a look at our full listing of journey rewards playing cards.

Learn extra: Chase Sapphire Most well-liked vs. Citi Premier: Which mid-tier journey card is best?

Official software hyperlink: Citi Premier Card with 60,000 bonus ThankYou factors after $4,000 in spending within the first three months of account opening.

Extra reporting by Ryan Wilcox, Stella Shon, Eric Rosen and Christina Ly.

For charges and charges of the Amex Gold Card, click on right here.