Posted by Chuck on July 18, 2016
Credit Cards

Published on July 18th, 2016 | by Chuck

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Citi Prestige to Drop Dining Category + Higher Spend Threshold

The online offer is going to change after today. We didn’t know what the nature of the changes will be, but maybe we now do. See, the in-branch offer has already changed since Saturday. It’s likely that what’s currently showing in-branch will soon show online.

Current In-Branch Offer

Reader Pier stopped by a Citi branch today and sent me photos of the Prestige offer in-branch.

citi prestige in branch on july 18 2016citi prestige in branch #2 july 18 2016

There appears to be two changes upcoming for the Prestige card, on relevant to card rewards and one relevant to the signup bonus.

Dining Category Dropped

According to the pictures from the new Prestige offer, it seems that they have dropped the 2x points category on dining.

Currently, the card earns 2x on both dining and entertainment. It seems that going forward the 2x category will be on entertainment only. No changes to the 3x category of Air Travel and Hotels.

Those who apply today online will still get the 2x on both dining and entertainment. It’s likely that they’ll change over existing cardholders at some point down the road, but for the time being you’ll get the 2x on dining as well.

For new cardholders (meaning, if you apply online today), the 2x dining should last for at least a year as they usually don’t switch anything for a year’s time due to legal reasons. For existing cardholders, it’s anyone’s guess when they will phase out the 2x dining benefit. Hopefully, it will last a while.

Update: The 2x Dining category is NOT being dropped for anyone. The flyer omission is apparently random.

Increased Spend Threshold

The other change that we’re seeing in-branch is that the spend threshold on the card is now $5,000 in place of the previous $3,000. It’s quite possible that this is the signup bonus change that was being predicted for online applications starting tomorrow, Tuesday.

I’d say this is more good news than bad since it means that overall the signup bonus is staying the same, and just the spend threshold is increasing. There’s also a chance that the online offer will be different, and we’ll have to wait to see for certain.

$350 Annual Fee

The other thing you’ll notice in the pictures below is the lower $350 annual fee.

Citigold members always get a lower $350 annual fee on the Prestige card, and sometimes you can get the lower fee in-branch even if you aren’t Citigold. This might even vary by the bank or banker.

I don’t expect that we’ll see any change in the annual fee; presumably, it will remain at $450 online for non-Citigold members.

Final Thoughts

We’ll only know for certain tomorrow, but I suspect that we’ll see this dining category change showing online tomorrow. And there’s also a good chance that the 50k bonus will remain online, just with the higher spend threshold.

Hopefully, this post help some people who are on the fence whether to apply today or wait it out. If dining isn’t big for you or if you have the Premier card which gets 2x on dining, then it’s quite possible that the only change tomorrow will be the higher spend threshold.

Of course, there’s also a chance that Premier will lose it’s dining category too, but that’s complete speculation. We’ll have to wait and see.

 



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AdamH
AdamH

I tried multiple times in branch to get the 350 offer in the past few months but the bankers were alway adamant that it was Citigold customers only/the application wouldn’t even be accepted by the system.

Steadfripp
Steadfripp

I can also confirm this via an offer sheet a personal banker sent me this morning. http://imgur.com/a/uZvuy

I was able to call a branch and have them submit an application for me over the phone under the $350 annual fee. Took 2 banks before they didn’t question me about Citigold. Higher spend is no issue. The loss of 2x on dining hurts but not that big of a deal.

Nick
Nick

Just got this card this weekend so glad to hear I should still get 2x on dining since I eat out a lot!

Going forward, it would not be a huge loss if they dropped 2x on dining as many cards offer 2x on dining, but it would get less spend.

I am traveling abroad soon. Does anyone know if 2x on dining is for US restaurants only or is it an international benefit?

Daniel
Daniel

Can’t speak to dining on this card specifically, but the Premier card offers 3x on transit and that DOES work internationally.

Jason D
Jason D

Anywhere there is food

Spencer
Spencer

I am a former Citigold customer though every interaction I have with them congratulates me on being Citigold, since that is the Citi way, but when I applied for this card on Friday, the banker most definitely recognized I did not have a Citigold account open. She said the fee was going to be $450 for me but I told it I thought it would be $350. After she a bit of research, she said I was right and that it was $350 for everyone now. Worked for me though it didn’t seem right. My approval letter which arrived this morning still says only $3K spend but I guess I’ll have to check the dining category now.

Kevin
Kevin

No complimentary access to American Airlines Admirals Club lounges. Does this perk disappear?

Steadfripp
Steadfripp

There’s also no mention of Admiral’s Club access. Is that typically listed on the offer sheet?

Website offer shows “Enjoy complimentary access to American Airlines Admirals Club® lounges, plus hundreds of VIP lounges through Priority Pass™ Select.”

In branch today shows “Enjoy a $250 air travel credit each year, plus hundreds of VIP lounges through Priority Pass™ Select, and a complimentary 4th night stay at any hotel reservation made through concierge.”

Ray
Ray

That paper never said 2x dining on it ever but the 2x dining is still there. I just check my printout from last year and it doesnt say dining either. So, I am pretty sure citi did not drop the 2x dining, especially since its suppose to go against CSP.

Billy Bob
Billy Bob

i guess it will be the CSP for dining after the change kicks in.

Doc J
Doc J

Applied Friday 7/15, had to call in. Rep said I was approved for 17K limit but she needed a senior person to sign off on that amount and it could take 24-48 hours to do so. Offered to take a 10K limit but she made it sound like she couldn’t reduce the amount (?). Still waiting today.

no-name
no-name

Some user on reddit noticed the new offer sheet doesn’t say Admirals Club Access. They will probably remove it as well.

Mark O
Mark O

If that is true this card should be $350 going forward and will be canceled by me in a month. I would rather have them get rid of the 4th night free.

jose
jose

The 4th night free is the most valuable benefit of this card. If you do not use it, this is not the card for you. I have saved thousands using this benefit, on higher price hotels.

jose
jose

Just using this benefit for one stay, pays for the annual fee, when
combine with the $250 travel credit.

Mark O
Mark O

Most people don’t stay places 4 days very often….2-3 days more often. And you can get better then 25% off by MS with other cards or stacking deals etc. to get your rooms. 4th night free is only good for business travelers (a lot of which stay 3 nights in one place) or for non chain hotels. I personally think it is over hyped.

Mark O
Mark O

Looks like No AA, No Dining, $350 AF, Airline credit will be for incidentals like amex, 5k min spend….this just torpedoed what little they had left in their TY line up. Other 2 have no sign up bonuses. Citi is pretty much dead to me know…I will burn the TY points I have left and cancel in August since there is no good way to boost up my balances.

See you in a few years for another AA and hilton card Citi!

Mark O
Mark O

*No AA lounge

Nick
Nick

Where are you getting the $250 can no longer be used for airfare?

Mark O
Mark O

Read it on another blog – not 100% it is legit but it wouldn’t surprise me.

Jr
Jr

Check facts first before posting gossip. Incidentals include airfare.

Mark O
Mark O

This was before anything was announced….everything was gossip/rumours – don’t need to be a D-Bag Junior

jose
jose

You are mistaken, the $250 airline credit is forAirline Travel with any airline, and not for
incidentals like Amex.

Mark O
Mark O

Thats good news!

stvr
stvr

I’ve now seen multiple BoardingArea blogs link to this content while citing it as fact that you should apply via their links today. Don’t mention the lowered AF.

John
John

I just applied and was approved after a LOOONNNGG hold on the phone, good CL and didn’t have to shift around credit lines like i thought I was going to have to do. AF is $450, but will be offset by the airline fee credits and Global Entry re-reimbursement. Glad I called.

Nick
Nick

Same experience. The guy kept coming back and telling me to wait a few more minutes. Never asked any questions other than my name. Then approved.

ABC
ABC

As a citigold members how do I get a lower $350 annual fee on the Prestige card if I do not have access to a branch?

Frequent Miler

If you are a Citigold customer, then you can just apply for the $450 offer and you’ll be charged only $350

Kevin
Kevin

Not sure about the “legal reason” with regard to 2x dining. Reward programs are not protected in any way shape or form under the CARD act. Issuers reserve the right to change these with or without notice at any time.

In practice most issuers don’t immediately change things for existing users but there’s no legal reasons why they can’t. Just don’t want anyone misled.

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