Citibank Prestige Credit Card

Citibank’s Prestige Credit Card stands out as a top-tier travel and lifestyle card. While it offers attractive rewards on retail spending, its primary focus is catering to high-net-worth frequent fliers. Notably, the highest reward redemption comes through transferring points to partner airlines’ AirMiles programs (1 Reward Point = 4 AirMiles). The card’s travel perks, including a welcome gift from the Taj group and ITC hotels, along with a complimentary extra night stay worldwide, are unmatched, making the Citi Prestige credit card a premier choice for discerning travelers.

Key Highlights of Citibank Prestige Credit Card

Unlock unparalleled benefits with the Citibank Prestige Credit Card.

  1. 2,500 bonus reward points on joining.
  2. Annual Rs. 10,000 benefit from Taj/ITC hotels.
  3. Earn 1 reward point for every Rs. 100 on domestic spends.
  4. Get 2x reward points on international spends.
  5. Redeem points for vouchers, gadgets, and more.
  6. Enjoy Taj Epicure and InnerCircle membership.
  7. Unlimited global airport lounge access with Priority Pass.
  8. Citi concierge service for daily tasks.
  9. USD 50,000 overseas medical insurance cover.
  10. Rs. 10 lakh lost card protection. Elevate your lifestyle today!

Features and Benefits of Citibank Prestige Credit Card

The Citibank Prestige Credit Card offers several features and benefits:

1. Welcome Benefits:

  • Earn 2,500 bonus reward points upon card activation.
  • Receive vouchers worth Rs. 10,000 from Taj or ITC hotels (single or multiple) for first transactions.
  • Vouchers can be partially redeemed and credited within 60 days.
  • Renewal gifts are provided annually.

2. Travel Benefits:

  • Enjoy unlimited lounge access with complimentary Priority Pass membership.
  • Receive extra night stays at global hotels on a 4-night booking via Citi bank’s concierge service.
  • Visa variant: Pay for 3 nights, get the 4th night free; MasterCard variant: Credit for the 4th night in two billing cycles.
  • Transfer Reward Points to partner airlines (1 point = 4 AirMiles).
  • Avail Taj Epicure Plus plan and InnerCircle Silver membership.

3. Golf Benefits:

  • Access 4 complimentary rounds and lessons annually at 15 premium Indian golf destinations.
  • Additional lessons for every Rs. 50,000 spent post initial 4 lessons.

4. Insurance Benefits:

  • Accidental air death coverage of Rs. 5 crores.
  • Overseas medical insurance up to USD 500, covering hospitalization expenses abroad.
  • Lost card liability of Rs. 10,00,000.
  • Overseas medical insurance covers illness and treatments, max USD 50,000 for 30 days.

Citibank Prestige Credit Card Fees and Charges

Explore the fee structure for the Citibank Prestige Credit Card and discover the financial advantages that come with it.

  1. Joining Fee: Rs. 20,000 (plus applicable taxes)
  2. Renewal Fee: Rs. 20,000 (plus applicable taxes)
  3. Spend Based Waiver: Not applicable
  4. Rewards Redemption Fee: Nil
  5. Foreign Currency Markup: 3.5% (plus applicable taxes)
  6. Interest Rates: 3.75% per month or 45% annually
  7. Fuel Surcharge: 1% fuel surcharge waived at authorized Indian Oil outlets.
  8. Cash Advance Charges: 2% of the withdrawn amount, minimum Rs. 300.
  9. Add-on Card Fee: Nil

Eligibility Criteria for Citibank Prestige Credit Card

Here are essential criteria for applying for an Citibank Prestige Credit Card:

  1. Age requirement: You must be 21 years or older to apply.
  2. Financial eligibility: A minimum annual income of Rs. 25,00,000 is necessary.
  3. Creditworthiness: Ensure you have a respectable credit score for approval.

Documents Required for Citibank Prestige Credit Card

To apply for the Citibank Prestige Credit Card, you will typically need to provide the following documents:

  1. Obtain a PAN card for identification.
  2. Choose from various address proof options like Aadhar card, Voter card, or driving license.
  3. Salaried applicants should provide the last 3 salary slips.
  4. Self-employed individuals need to submit the last year’s ITR along with audited financials as proof of income.

How to apply for Citibank Prestige Credit Card

Follow these steps to apply for the Citibank Prestige Credit Card online:

  1. Visit the official Citi Prestige credit card webpage.
  2. Select the “Get Citi Prestige Card” option.
  3. You’ll be directed to the application page.
  4. Fill out the online form with the necessary details.
  5. Alternatively, apply offline by visiting a nearby Citibank branch.
  6. Complete the physical application form provided at the branch.
  7. Ensure you have all required documents when applying in person.

Frequently Asked Questions (FAQs)

1. What is the Citibank Prestige Credit Card?

The Citibank Prestige Credit Card is a premium credit card offering a range of exclusive benefits, rewards, and privileges for high-net-worth individuals. It is designed to provide a luxurious and personalized experience to cardholders.

2. What are the key features of the Citibank Prestige Credit Card?

The key features include access to airport lounges worldwide, complimentary nights at participating hotels, exclusive concierge services, travel and lifestyle privileges, and a rewards program that allows you to earn and redeem points for various benefits.

3. How can I apply for the Citibank Prestige Credit Card?

You can apply for the Citibank Prestige Credit Card online through the official Citibank website or by visiting a Citibank branch. The application process typically involves submitting personal and financial information for assessment.

4. What is the annual fee for the Citibank Prestige Credit Card?

The annual fee for the Citibank Prestige Credit Card may vary. Check the latest fee structure on the official Citibank website or contact customer service for the most up-to-date information.

5. What rewards and benefits come with the Citibank Prestige Credit Card?

Cardholders can enjoy benefits such as complimentary airport lounge access, hotel privileges, concierge services, travel insurance, and a robust rewards program that allows for the redemption of points for airfare, hotel stays, and more.

6. Can I earn rewards points with the Citibank Prestige Credit Card?

Yes, the Citibank Prestige Credit Card comes with a rewards program that allows you to earn points for every eligible purchase. These points can be redeemed for a variety of rewards, including travel, merchandise, and statement credits.

7. How does the complimentary airport lounge access work?

The Citibank Prestige Credit Card provides cardholders with complimentary access to airport lounges globally. To access the lounges, simply present your Citibank Prestige Credit Card at the lounge entrance. Be sure to check the specific terms and conditions for details on the number of guests allowed and any other relevant information.

8. What travel and purchase protection benefits does the Citibank Prestige Credit Card offer?

The card typically offers travel insurance, purchase protection, and other benefits. Specific details may vary, so it’s important to review the terms and conditions provided by Citibank or contact customer service for comprehensive information.

9. How can I contact Citibank customer service for assistance with my Prestige Credit Card?

You can contact Citibank customer service through the phone number provided on the back of your credit card or visit the official Citibank website for alternative contact options.

10. Is there a minimum income requirement for the Citibank Prestige Credit Card?

Yes, the Citibank Prestige Credit Card usually comes with a minimum income requirement. Check the eligibility criteria on the Citibank website or contact customer service for the latest information on income requirements.