Citibank Prestige vs Citibank PremierMiles Credit Card

Citibank provides two unique credit card options tailored for frequent travelers, known as the Citibank Prestige Credit Card and the Citibank PremierMiles Credit Card. These cards cater to individuals who travel often, whether it’s within their country or abroad. Tailored for high net worth individuals, the Citibank Prestige Credit Card extends top-notch travel services, including complimentary night stays worldwide, unlimited access to national and international lounges via Priority Pass, and even golf rounds. Despite the hefty Rs. 20,000 joining fee, the card offers an array of lavish benefits that more than compensate for the cost. It ensures that cardholders receive rewarding perks for both their domestic and international spending.

On the other hand, the Citibank PremierMiles Credit Card, the second offering from Citi Bank, is more suitable for frequent domestic travelers. This card grants access to lounges within India and provides reward points for credit card transactions, with accelerated points for airline-related expenses. Furthermore, this credit card allows cardholders to access exclusive dining discounts at select restaurants. Moreover, the reward points accumulated through card usage can be redeemed as Miles, providing a range of redemption possibilities.

Both Citibank credit cards not only cater to travel-related needs but also furnish additional benefits based on cardholders’ transactions. Beyond travel perks, these cards enhance the overall transaction experience, making them versatile choices for individuals seeking comprehensive benefits.

Features and Benefits of Citibank Prestige Credit Card and Citibank PremierMiles Credit Card

Citibank Prestige Credit Card:

1. Tailored specifically for discerning individuals who favor opulent journeys.
2. Welcome benefit includes either 2,500 bonus reward points or vouchers from Taj Group or ITC Hotels.
3. 1 RP on every Rs. 100 spent domestically, and 2x Reward Points on international transactions.
4. Complimentary Priority Pass membership for unlimited lounge access worldwide.
5. Extra night’s stay at partnered hotels with a minimum 4-night booking via Citi Bank’s concierge service.
6. Complimentary memberships like Taj Epicure Plus Plan and InnerCircle Silver Membership.
7. 4 complimentary golf rounds and lessons annually, with additional lessons for every Rs. 50,000 spent.
8. Enjoy a 1% exemption on fuel surcharge across all fuel stations in India.
9. Redeemable rewards for gift vouchers, electronics, and transfers to partner airlines and hotel loyalty programs.
10. Transfers to airlines like Air India, Singapore Airlines, and hotel programs like IHG Rewards Club and Taj InnerCircle.

Citibank PremierMiles Credit Card:

1. Geared towards frequent domestic travelers.
2. Rewards credited as AirMiles for flight tickets or various products.
3. Earn accelerated miles when making purchases with airlines and spending on premiermiles.co.in.
4. Joining fee of Rs. 3,000 with a welcome benefit of 10,000 Miles and 3,000 Miles on yearly renewal.
5. 4 miles for every Rs. 100 spent on all transactions.
6. Up to 20% off on dining bills at partnered restaurants.
7. Visa variant offers 8 complimentary domestic lounge accesses quarterly; Mastercard variant offers 6.
8. Enjoy a 1% exemption from fuel surcharges at every fuel station across India.
9. Miles redemption options include travel-related categories, fuel, retail, dining, utility, and partner programs.
10. The worth of one mile fluctuates depending on the type of rewards you redeem it for.

Comparison between Citibank Prestige Credit Card and Citibank PremierMiles Credit Card

Citibank Prestige Credit Card:

• Reward Rate:
  • 1 Reward Point (RP) on every Rs. 100 spent on domestic expenses.
  • 2 RPs on every Rs. 100 spent on international expenses.
  • Redeem 4 miles for every Rs. 100 spent on all domestic transactions.
  • Earn 10 miles for every Rs. 100 spent on international transactions.
• Reward Redemption:
  • Redeem RPs for products in Citi Prestige Reward Catalog.
  • Move your reward points to affiliated airlines and hotel loyalty schemes.
• Fuel Surcharge Waiver:
  • 1% for both domestic and international transactions.
• Welcome Benefits:
  • Receive 2,500 bonus RPs.
  • Choose between a Rs. 10,000 voucher from the Taj Group or 4 coupons worth up to Rs. 2,500 each from ITC Hotels.
• Dining and Movie Benefits:
  • Get a 50% discount on movie tickets through BookMyShow.
  • Enjoy a 20% discount on dining bills.
• Domestic Lounge Access:
  • Unlimited access with Priority Pass.
• International Lounge Access:
  • Unlimited access with Priority Pass.
• Joining Fee:
  • Rs. 20,000 + Taxes.
• Renewal Fees:
  • Rs. 20,000 + Taxes.
• Eligibility:
  • Issued to salaried and self-employed individuals.
  • To qualify, individuals need to be at least 21 years old and have an annual income of no less than Rs. 25 Lakhs.

Citibank PremierMiles Credit Card:

• Reward Rate:
  • Earn 4 miles for every Rs. 100 spent on all domestic transactions.
  • Receive 10 miles for every Rs. 100 spent on international transactions.
• Reward Redemption:
  • Redeem Miles against various options.
• Fuel Surcharge Waiver:
  • 1% for both domestic and international transactions.
• Welcome Benefits:
  • Receive 10,000 Miles as a welcome benefit.
  • Receive an annual bonus of 3,000 Miles upon renewing your card membership each year.
• Dining and Movie Benefits:
  • No specific benefits mentioned.
• Domestic Lounge Access:
  • Unlimited access with Priority Pass.
  • 6 per quarter for Mastercard variant holders.
  • 8 per quarter for Visa variant holders.
• International Lounge Access:
  • Unlimited access with Priority Pass.
  • Not applicable (NA).
• Joining Fee:
  • Rs. 3,000 + Taxes.
• Renewal Fees:
  • Rs. 3,000 + Taxes.
• Eligibility:
  • This document can be provided to both individuals who are employed and those who are self-employed.
  • Individuals must fall within the age range of 23 to 70 years old.
  • A stable income source and a good credit score are essential.

Which credit card suits you best?

1. Citibank Prestige Credit Card:
   • Premium travel credit card for frequent travelers.
   • High annual fee of Rs. 20,000.
   • Ideal for those who are at ease with paying an annual fee.
   • Offers excellent AirMiles and allows transferring reward points to partnered airlines.
   • Additional benefits include unlimited access to domestic and international airport lounges, complimentary golf lessons, extra night’s stay at hotels, and more.
2. Citibank PremierMiles Credit Card:
   • Travel card with a joining fee of Rs. 3,000.
   • Ideal for domestic travelers.
   • Earns higher reward points for airline transactions.
   • Provides dining bill discounts at partnered restaurants.
   • Both cards offer unmatched benefits but come with high joining and renewal fees.

Frequently Asked Questions (FAQs)

1. What is the primary difference between the Citibank Prestige Credit Card and the Citibank PremierMiles Credit Card?
   • The Citibank Prestige Credit Card stands out as a top-tier choice for travelers seeking luxury benefits, characterized by a steep annual fee. It provides remarkable AirMiles rewards along with an array of exclusive perks. In contrast, the Citibank PremierMiles Credit Card caters more to domestic travelers, featuring a more affordable joining fee while still offering notable advantages.
2. What are the annual fees for these credit cards?
   • The Citibank Prestige Credit Card has an annual fee of Rs. 20,000, whereas the Citibank PremierMiles Credit Card entails a joining fee of Rs. 3,000.
3. Who should consider the Citibank Prestige Credit Card?
   • The Citibank Prestige Credit Card is best suited for individuals who travel frequently, both domestically and internationally, and are comfortable with a higher annual fee.
4. Is the Citibank PremierMiles Credit Card only for domestic travel?
   • While the Citibank PremierMiles Credit Card is more suitable for domestic travelers, it can still be used for international transactions. However, its features are optimized for those who primarily travel within the country.
5. What advantages does the Citibank Prestige Credit Card offer me?
   • The Citibank Prestige Credit Card provides a range of advantages including top-notch AirMiles, the flexibility to convert reward points into miles with partnered airlines, unrestricted entry to both domestic and international airport lounges, complimentary golf lessons, and bonus features such as a complimentary extra night at hotels.
6. What advantages does the Citibank PremierMiles Credit Card offer specifically for airline transactions?
   • The Citibank PremierMiles Credit Card earns higher reward points specifically for airline transactions, making it advantageous for individuals who frequently book flights.
7. Do both credit cards have high joining and renewal fees?
   • Indeed, both the Citibank Prestige Credit Card and the Citibank PremierMiles Credit Card come with elevated initial and yearly fees, designed to accommodate their exclusive perks tailored towards premium clientele and frequent travelers.
8. Am I eligible to utilize the dining perks offered by the Citibank Prestige Credit Card?
   • While the primary focus of the Citibank Prestige Credit Card is on travel benefits, it may offer dining-related perks as part of its overall package. However, for specific dining discounts, the Citibank PremierMiles Credit Card is designed to provide such benefits at partnered restaurants.
9. Are there any limitations on using the AirMiles earned with these credit cards?
   • The Citibank Prestige Credit Card allows the conversion of reward points to AirMiles with partnered airlines, providing flexibility in redeeming earned AirMiles. However, it’s essential to check the terms and conditions for any specific limitations.
10. Which credit card is more suitable for individuals who travel sporadically both domestically and abroad?
    • For infrequent travelers, the decision comes down to individual tastes. The Citibank PremierMiles Credit Card suits those inclined towards domestic trips, while the Citibank Prestige Credit Card provides luxury perks tailored for frequent globetrotters.