Published on April 22nd, 2015 | by William Charles22
It’s Possible To Pay A $350 Annual Fee On The Citi Prestige, Even If You Didn’t Apply In Branch
There are currently two offers on the Citi Prestige card that are worth considering:
- 50,000 ThankYou points when you spend $3,000 within the first three months
- 30,000 ThankYou Points when you spend $3,000 within the first three months, an additional 30,000 points when you spend an additional 12,000 points within the first twelve months
Previously I thought that the 60,000 offer was well worth considering because it had an annual fee of only $350. This offer is supposed to be only for Citi Gold checking account customers, but this is not always enforced. Interestingly reader RS_WI recently applied for the 50,000 point offer, RS_WI has a Citi gold checking account and wasn’t sure if they would be charged an annual fee of $450 or $350. Here is their experience:
I applied the day this 50k offer was announced, received card, etc.. and this weekend received a letter from Citi stating some changes to my account fees. Basically they automatically recognized I was Citigold and changed my AF to $350. I suspect this occurred after I linked the Prestige card/account to my normal Citi account which includes the Citigold.
If you have Citi Gold checking and haven’t had your annual fee reduced, it’s worth calling Citi to see if they will rectify this for you. Personally I think the online offer is the better option now as an extra 10,000 points for $12,000 in spend isn’t particularly interesting.
The exception of course is if you plan on putting the majority of this spend in any of the Citi Prestige bonus categories – in which case the in branch offer might make sense (although dealing with in branch offers is a rather slow and painful process).
Also keep in mind there are two bonuses on Citigold checking accounts at the moment which are also both worth considering:
P.S, some people have also reported receiving targeted offers for 100,000 ThankYou points on the Prestige, so it might be worth holding out for a higher bonus – especially now that the Citi ThankYou Premier is at 50,000 points.