Rewards Plan
Sign up Bonus
Credit Rating
0% Intro
Annual Fee
APR
- Great Sign-Up Bonus
- Points on Travel , Gas, Restaurants, Entertainment & All Other Purchases
- Annual Fee
- No Introductory 0%
On Citi’s Secure Website
Rewards Plan
Sign up Bonus
0% Intro
PROS
- Great Sign-Up Bonus
- Points on Travel , Gas, Restaurants, Entertainment & All Other Purchases
CONS
- Annual Fee
- No Introductory 0%
APR
20.74% - 28.74% (Variable)
Annual Fee
$95
Balance Transfer Fee
$5 or 3%
Credit Requirements
Good - Excellent
Citi Premier® Card is a mid-tier travel rewards card issued by Citibank that offers great benefits for travelers as well as general consumers.
With the Citi Premier® Card, you'll earn unlimited 3X points per dollar on restaurant, supermarket, gas station, hotel and air travel purchases, and 1X points per dollar on all other purchases. The points can be redeemed through the Citibank Thankyou Network that allows for the combining of points. They also can be used for things other than traveling, such as merchandise and gift cards.
As a sign up bonus, you'll get 60,000 points after you spend $4,000 in the first 3 months of account opening. It also has travel insurance that covers cancelled or delayed flights and baggage delay insurance and it doesn't have a foreign transaction fee. These features help give you peace of mind while traveling at home and abroad.
However, like many other cards in the category (in spite of not all of them) - the card has an annual fee of $95 .
- Point Sign-Up Bonus
- No Limits
- Thank You Points
- Citi Price Rewind, Protection & Free Credit Score
- Points on Travel , Gas, Restaurants, Entertainment & All Other Purchases
- No Foreign Transaction Fee
- No Annual Fee for the First Year
- Points Transfer,Citi Private Pass , Concierge Service
- Annual Fee
- No Rental Car Insurance
- Points Transfer Misses Some of the Bigger Airlines
- No Introductory 0% APR Balance Transfer Fee
- Complicated Rewards Structure and Redemption
In This Review..
Benefits
Let’s take a look at the benefits of the Citi Premier and see if it’s the right one for your wallet or not.
- Point Sign-Up Bonus
You can earn 60,000 points after you spend $4,000 in the first 3 months of account opening.
This equals about over $500 in travel rewards when booking is done through Citi. This is one of the larger sign-up bonuses in the market.
- No Limits
Citi Premier Card has no limits on points earned. The points also do not expire.
- Thank You Points
With the Citi Premier Card, you earn Thankyou Points and those points can be used for more than just travel. You can use them for things such as merchandise and gift cards.
These point can be earned with other Citi products as well, such as checking accounts, etc. The points are very flexible in their use.
- Citi Price Rewind, Protection & Free Credit Score
Register a purchase that you made with the Citi Premier Card and if they find a price lower than what you paid within 60 days, they will refund you the difference.
You can get refunded up to $1,200 in a year. In terms of protection, Citi Premier Card has zero liability, purchase protection, chip-enabled security and an extension on manufacturers’ warranty.
It also has travel insurance that covers cancelled or delayed flights and baggage delay insurance. These features help give you peace of mind while traveling at home and abroad.
Lastly, the Citi Premier Card will also update you monthly with what your credit score is. You can check this by signing into your online account. This is offered through Credit Journey and is based on your Transunion credit report.
- Points on Travel , Gas, Restaurants, Entertainment & All Other Purchases
With the Citi premier card, you'll earn 3X points per dollar on restaurant, supermarket, gas station, hotel and air travel purchases, and 1X points per dollar on all other purchases.
- No Foreign Transaction Fee
Citi Premier Card has no transaction fees while traveling in another country.
Many other rewards cards and regular credit cards have fees when you make purchases outside of the United States.
- No Annual Fee for the First Year
Citi Premier Card will waive the annual fee for the first year of having the card. Then the fee is $95 a year.
- Points Transfer,Citi Private Pass , Concierge Service
You can transfer points with participating airline customer loyalty programs to earn even more points and reduce the cost of air travel. Citibank allow cardholders to get exclusive access to concert tickets and sporting events before they are released to the general public.
You may even be able to get VIP passes. Also, Concierge Service is offered to Citi Premier cardholders. It can help book hotels and airline services. They are available 24/7 to help cardholders.
Drawbacks
Here are the most important cons you should consider before apply:
- Annual Fee
Citi Premier Card does not require new cardholders to pay their annual fee for the first year, but beginning the second year there is a $95 annual fee. Many other credit cards do not have annual fees.
- No Rental Car Insurance
Unlike other cards offering rental car insurance, Citi is no longer offer a rental car insurance so if it's important for you – you may want to skip this card.
- Points Transfer Misses Some of the Bigger Airlines
Citi Premier Card point transfer partners where you can earn more points, is limited. They miss some of the bigger and popular airlines in the US market, including Delta, Southwest, and United Airlines.
- No Introductory 0% APR Balance Transfer Fee
This card does not offer any introductory rate like many other credit cards do.
This means if you are looking to transfer balances to a lower rate you will have to consider other cards.
- Complicated Rewards Structure and Redemption
Many travel rewards cards have more complicated reward structures, but the Citi Premier Card is even more than the average.
There are so many spending categories and so many different ways to use your points, it is hard to determine what the best value is when using the points.
How To Apply For Citi Premier Credit Card?
- 1.
Visit the Citi Premier Card home page and then click “Apply Now”.
- 2.
Next, fill in your personal details i.e. Title, Names, Phone number, email, and click continue.
- 3.
Now, add more personal details like your home address and residential status. On the next page is your identification; fill in the correct details.
- 4.
Next, give some info about your employment, expenses and income.Lastly, double check then confirm.
Is the Citi Premier® Card Right for You?
Citi Premier Card is one of the best travel rewards cards. If you spend much of your time traveling and eating out, this is an excellent card offering some of the best travel rewards in the market.
If you are looking for introductory APR, cash back, no annual fee, or points for merchandise, you should consider a different card.
One of the biggest benefits to any Citibank card is the Citi Price Rewind that should be used to the maximum benefit. It is almost like a cashback card too, with the Citi Price Rewind. Citi Premier Card is primarily for consumers who want to maximize their travel rewards on everyday purchases.
Compare The Alternatives
There are other credit cards that do offer comparable cash back rewards – we’ve summarized the most popular cards which can use as an alternative to the Citi Premier card:
|
|
| |
|---|---|---|---|
Bank of America® Travel Rewards credit card | Capital One Venture Rewards Credit Card | Chase Sapphire Preferred® Card | |
Annual Fee | $0 | $95 | $95
|
Rewards |
1.5X
1.5 points for every $1 you spend on all purchases everywhere, every time and no expiration on points
|
2X
2X miles per dollar on every purchase, plus 5X miles on hotels and rental cars booked through Capital One Travel
|
2X – 5X
5x total points on travel purchased through Chase Ultimate Rewards, 3x points on dining and online grocery purchases and 2x on other travel purchases. Plus, earn 1 point per dollar spent on all other purchases
|
Welcome bonus |
25,000 points
25,000 online bonus points after you make at least $1,000 in purchases in the first 90 days of account opening – which can be redeemed for a $250 statement credit toward travel purchases
|
75,000 miles
|
60,000 points
60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening
|
Foreign Transaction Fee | 0% | None | 0%
|
Purchase APR | 18.24% to 28.24% will apply. A 3% fee (min $0) applies to all balance transfers | 20.24% – 28.24% (Variable)
| 20.49% – 27.49% variable APR
|
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