Citi announces new benefits for Prestige card
Citi is announcing enhanced benefits to Prestige, its premium travel rewards credit card. Starting on July 23, the Citi Prestige Card will offer cardmembers the unlimited ability to book a complimentary night at any hotel for stays of four nights or more - a unique offering in the premium card category - through thankyou.com and have the savings applied instantly versus a statement credit. Cardmembers will also have the option to redeem ThankYou Points for all or part of their stay. Cardmembers will also receive greater value for cash reward redemptions with ThankYou Points. For example, 50,000 ThankYou Points will be redeemable for $500. In addition, new Citi Prestige cardmembers will earn 75,000 ThankYou Points after spending $7,500 in purchases within the first three months of account opening. This is equivalent to more than $935 when redeemed for air travel through the Citi ThankYou Travel Center.