Citi Premier Card Review 2023

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The Citi Premier® Card is an especially lucrative choice because of its elevated welcome bonus offer of 80,000 bonus ThankYou® Points after you spend $4,000 in purchases within the first 3 months of account opening. Based on Insider’s valuationsThis bonus can be used to purchase travel for up to $1,280 if you transfer your rewards with hotel and airline partners. Citi is an Insider advertising Partner.

Review: Is Citi Premier the best credit cards for you?

The Citi Premier® Card offers a generous bonus of 80,000 bonus ThankYou® Points after you spend $4,000 in purchases within the first 3 months of account opening, strong rewards, and many ways to use your points. The Citi Premier(r) Card is a versatile travel credit card that charges a low annual fee of less than $100. Citi Premier should be on your shortlist.

You can use Citi ThankYou pointsThis card can be used in multiple ways including to redeem for gift cards and merchandise. travel booked through the Citi portal. Transferring your points to another company can give you even more value. Citi’s airline and hotel partnersThese include JetBlue and Wyndham as well as Wyndham and Choice.

With the Citi Premier® Card, you’ll earn 3x points at supermarkets, restaurants, gas stationsYou get 1x on all other purchases, as well as on air travel and hotels. You can redeem and earn your rewards on everyday necessities if you live close to home. Or you can take the card with you and get great value on the road. This versatility is why the Citi Premier® Card sits at the top of our guide to the best Citi credit cards.

If you’re looking to really boost your Citi ThankYou Rewards earning, consider opening the Citi Premier® Card plus the other two cards in the Citi Trifecta — the Citi® Double Cash Card Citi Custom Cash℠ Card. With this credit card combinationYou’re guaranteed to earn 2x-5x for every purchase. earn maximum points.

Before you decide if the Citi Premier® Card is a good fit, you’ll also want to consider cards that offer similar flexibility and earning opportunities. The Chase Sapphire Preferred® Card has a similarly strong bonus and options for earning and redeeming — you can check out our Chase Sapphire Preferred reviewFor full details, please visit:

If you don’t wish to track bonus category, the Capital One Venture Rewards Credit CardThis job comes with a generous bonus and solid earnings on all your purchases. You can find out more at our Capital One Venture review).

We are focusing on the perks and rewards that each card offers. If you have to pay interest or late fees, these cards will not be worth the cost. It’s important that you pay your credit card balance in full each month. Also, make timely payments and only spend what is necessary.

How to earn Citi Premier points

This card is rare and offers bonus points in a variety of popular categories that almost anyone can use. Cardholders can earn:

• 3x points for air travel and hotels (including travel agents)
• 3x points on gas stations (excludes gas purchases at warehouse clubs and discount stores, department shops, and convenience stores).
• 3x points on restaurants (including bars, lounges and restaurants),
• 3x points on supermarkets (exclusions superstores and warehouse club)
• Everything else: 1 point per $1

How to use Citi ThankYou cards 

Here’s where the Citi Premier® Card really stands out — you have many options for using your ThankYou points, whether you like to travel or prefer using points for gift cards and merchandise.

Transfer Citi ThankYou points for airline and hotel partners

When you have the Citi Premier® Card (or the Citi Prestige® Card
, which isn’t available to new applicants), you can transfer your Citi ThankYou points to over a dozen airline and hotel partners — mostly at a 1:1 ratio — to book award travel.

The value you’ll get per point is dependent on the partner you choose and how you use the miles — typically, redeeming for expensive, international premium-cabin award flights will get you a higher value than domestic economy seats.

You can also transfer Sears Shop Your Way Points at a rate of 1 Citi ThankYou Point to 10 Sears point. You can only transfer a maximum of 10 Sears points if you have a no-annual-feeCiti ThankYou credit card, similar to the Citi Rewards+® CardYou cannot transfer to JetBlue, Wyndham or Choice. The ratios are slightly lower.

Citi ThankYou points can redeem for travel, gift card, merchandise and more

You can redeem Citi ThankYou points for gift cards, statement credits, or cash back at a rate of 1 cent each, making the bonus of 80,000 bonus ThankYou® Points after you spend $4,000 in purchases within the first 3 months of account opening worth $800 in rewards. Citi ThankYou points are also available at the same value to make a charity donation or book travel via the Citi portal.

It’s also possible. pay with points at retailers like Amazon and Best Buy, but you’ll get a lower value when you redeem this way — as little as 0.5 cents per point.

Citi Premier card benefits

Hotel Discounts up to $100 per Year

The Citi Premier® Card comes with a valuable benefit for travelers that can more than offset the annual fee. You can save $100 on a $500 or more hotel stay once per year if you book through Citi ThankYou.

It is possible to get a discount on your hotel stay regardless of whether you use Citi ThankYou points, your card or both.

Purchase protection

Additionally, the Citi Premier® Card offers purchase protectionIf an item is lost or damaged within 90 calendar days of your purchase date, you can receive replacement coverage. You can get up to $10,000 coverage per incident (with a maximum coverage of $50,000 per year).

Extended warranty

The card also offers extended warranty protection — you’ll get 24 additional months on manufacturers’ warranties of five years or less for eligible items purchased with the card.

Citi Entertainment

Cardholders have access to Citi Entertainment, which offers a variety of entertainment options. presale ticketsVIP packages, preferred tickets, VIP packages and many more. To take advantage of Citi’s ticket advantages, you will need to provide the first six digits from your card number as the passcode when you check out at Ticketmaster and Live Nation.

Fees and costs

The Citi Premier® Card comes with a 19.74% – 27.74% Variable APR, so this isn’t a good card option if you plan to carry a balance. The Citi Premier(r) Card is a good choice if you are looking to make large purchases that you can afford over time. top 0% APR credit card offers first. 

This card comes with an annual fee of $95, but you have the option to pay a $95 monthly fee. won’t pay any foreign transaction fees.

As with most cards there are fees for balance transfer, late or returned payments, cash advances, and cash advances.

Comparison: Citi Premier and other Citi cards

There are many. travel rewards credit cardsThere are many options available today, but many consumers prefer cards that offer flexible rewards programs. With flexible, or transferable, pointsYou are not tied to any loyalty program and can redeem your rewards as you please.

*eligible 5% cash back categories on the Citi Custom Cash℠ Card are restaurants, gas stations, grocery stores, select travel, select transit, select streaming services, drugstores, home improvement stores, fitness clubs, and live entertainment

Citi Premier vs. other travel credit cards

Frequently Asked Questions (FAQ) about Citi Premier Card