Starting on July 23, 2017, Citi Prestige will come with the following changes:
Deal is not live yet. [citi.com]
- Signup bonus will go up to 75,000 Thank You points, though it will have a high spend requirement of $7,500 within three months
- The Citi Prestige 4th-night-free benefit will be able to be booked entirely online, and the discount for the fourth night will come off at checkout
- The Prestige card will be metal
- Prestige cardholders will be able to redeem points for cash at a rate of 1 penny per point
It will go live on July 23, 2017.
The best feature of this card is the 4th Night Free feature. Depending on how often you travel and book hotels, it can be worth hundreds or thousands of dollars every time you use it. It's uncapped and useable on any hotel properties. Starting July 23rd, you can book the hotels through a new website so the credit (which is calculated on avg of the four nights, so basically it's 25% off 4 night total rate) will be applied directly (instead of waiting).
75,000 Thank You points is the best ever bonus on the Prestige card. While the card has a $450 annual fee, it also comes with a $250 airline credit which can be used twice during the first year (because it's per calendar year). 75,000 Thank You Points = $750 in cash or $935 when redeemed directly for airfare at the Citi ThankYou Travel Center. Or you can get nearly $1,000 in value from the bonus on a hotel redemption if you combine it with the 25% discount from the 4th Night Free.