The Citibank Prestige Card is a great option for high spenders that tend to travel frequently. For instance, the card earns a best-in-market overseas spending rewards rate of 3.60% (2 point per Rs. 100; 1 point = 4 InterMiles = Rs 1.8). The Prestige card also provides unlimited free visits to Priority Pass lounges, free hotel stays and golf perks. Furthermore, the card offers a fairly high 1.80% (1 point per Rs. 100; 1 point = 4 InterMiles = Rs 1.8) on general spending. However, the Citi Prestige card charges the highest annual fee among all of the cards in our review (Rs. 20,000). Therefore, the rewards and benefits will not outweigh the annual fee of this card for those that are not high spenders and frequent travellers.
What Makes Citi Prestige Card Stand Out
The Citi Prestige Card is an intriguing premium card that provides consumers with the highest overseas rate in the market at 3.60%. Alongside this, the card provides great perks. For instance, the card provides unlimited free visits to Priority Pass lounges, 1 single free night at any hotel when you book for 4 nights and golf access (listed below). In addition to the overseas rewards rate, the card earns 1.80% on general spending, which is well above the average rewards rate in India. The card's downside is that it has a very high annual fee of Rs. 20,000. As a result, this card provides the most value to individuals that spend enough to earn rewards that outweigh the card's annual fee.
|City||Complimentary Golf Rounds||Complimentary Coaching Lessons|
|Delhi NCR||Unitech Golf & Country Club, Jaypee Greens, Golden Greens, ITC Classic Golf Resort, Karma Lakelands||Jaypee Greens, Golden Greens|
|Bengaluru||Clover Greens Golf Club, Prestige Golfshire||Touche Golf Academy, Golfshire Club|
|Chennai||Madras Gymkhana Club (Guindy)||AKDR Village|
|Hyderabad||Boulder Hills Golf Club||Boulder Hills Golf Club|
|Pune||Kharghar Valley Golf Course, Poona Golf Club||Poona Golf Club|
|Chandigarh||Panchkula Golf Club||Chandigarh Golf Academy|
|Mumbai||Premium Golf Clubs in Mumbai||Premium golf clubs/driving ranges in Mumbai|
How Does the Citi Prestige Credit Card Rewards Programme Work?
The Citi Prestige Card reward programme offers cardholders with rewards that can be redeemed in cashback or air miles. Cardholders earn 2 points per Rs. 100 spent on overseas spending and 1 point per Rs. 100 spent on all other spending categories. The redemption for both rates is 1 point = Rs. 1. The reward points on the card never expire.
- 2 points per Rs. 100 spent on overseas spending
- 1 points per Rs. 100 spent on general spending
- Reward redemption rate (cashback): 1 point = Rs. 1
- Reward redemption rate (miles): 1 point = 4 InterMiles
- Points can be redeemed in cashback or Air Miles
- Reward points never expire
Citi Prestige Credit Card's Features and Benefits:
|Rewards Rate Details
|Benefits & Perks |
How Does Citi Prestige Credit Card Compare Against Other Cards?
Read our comparisons of the Citi Prestige Credit Card:
Citi Prestige Card vs. HDFC Diners Club Black Card
HDFC Diners Club Black Card is a great premium option for individuals seeking excellent rewards and travel perks. First, the Black Card earns cardholders a best-in-market 3.33% rewards rate (5 points per Rs. 150; 1 point = Rs. 1 in travel rewards). This is much higher than the Prestige Cards 1.80% overall rate; however, it is lower than the 3.60% that Prestige cardholders can earn on overseas spending. Further, both of the cards offer unlimited lounge access where the Black Card offers unlimited Diners Club and the Prestige Card offers the Priority Pass as well as 1 free night at any hotel after booking 4 nights. In terms of fees, the Black Card (Rs. 10,000) charges half of the Prestige Card (Rs. 20,000) and it is waivable. In sum, the Black Card is a great premium card for all types of spending, whereas the Prestige Card is better for overseas spending.
Citi Prestige Card vs. Standard Chartered Ultimate Card
The Standard Chartered Ultimate Credit Card is the best cashback card in India. For example, the Ultimate Card offers cardholders a rewards rate of 3.33% (5 points per Rs. 150, 1 point = Rs. 1) on general spending, which is a much than the rewards rate of 1.8% offered by the Citi Prestige Card; however, it is lower than the elevated 3.60% offered on overseas spending by the Prestige Card. In terms of travel perks, both cards offer the Priority Pass membership; however, with the Ultimate Card you will be asked to pay a low fee of $27 whereas, you will be given unlimited visits by the Prestige Card. The Ultimate Card also charges Rs. 5,000, a quarter of the fee by the Prestige Card (Rs. 20,000). As a result, the Ultimate Card is best for earning cashback, but we would recommend the Prestige Card for high spenders interested in overseas spending and frequent travel.
Citi Prestige Card vs. American Express Platinum Travel Card
The American Express Platinum Travel Credit Card is a travel card targeted towards high spenders who look for travel benefits. The card's perks include airport lounge access, Taj promotions and travel vouchers. However, the cardholder receives 1 domestic airport visit per quarter, which is less useful than the unlimited access to Priority Pass lounges offered by the Citi Prestige Card. Further, the Platinum Travel Card offers 0.88% (1 point per Rs. 50 spent; 1 point = ~Rs. 0.44)—much lower than the 1.8% offered by the Prestige Card on general spending and the elevated 3.6% on overseas spending. However, the Prestige Card charges a fee of 20,000, whereas the Platinum Travel card charges a much lower Rs. 5,000. Therefore, we would recommend the Platinum Travel card for those interested in travel perks and cannot afford the Prestige Cards hefty fee; however, we would recommend Prestige Card for high spenders that can afford the fee, as it offers greater rewards and benefits.