A Couple Of Citi Prestige Changes For The Coming Year & Beyond
There have been a few tweaks to the Citi Prestige card that I wanted to go over with you. They are not anything major but something cardholders should be aware of. One change is a long term change while the other change is a short term change in response to the pandemic.
Citi Prestige Travel Credit Redemption Options For 2021
Early on during the pandemic Citi made a good change for Prestige cardholders in terms of their travel credit redemption. Knowing that people were not travel and could not easily use the $250 travel credit on their Prestige card they opened up the redemption options. They allowed cardmembers to use the credit at supermarkets and restaurants for the year. That was supposed to end at the end of 2020 but Citi decided to extend it through all of 2021 as well. This is good news and should make getting value from the card a lot easier for most cardholders. You can still, of course, use it for travel as well.
Credit Redemption Credit Date Change
Chuck at Doctor of Credit also reports that the calendar on when you get your travel credit has changed some too. Your travel credit used to reset after the December statement was issued. This is similar to how Chase awards points towards things like the Companion Pass. Anything earned after the December statement counts towards the next year, when the charges are actually settled. But it appears this has recently changed and that is no longer the case for the Prestige card. It is a firm calendar date now. The credit resets annually on Jan 1st. So you no longer need to rush to finish any remaining credit before the December statement closes. Although hopefully you take care of it well before then.
These are two smaller changes but something Citi Prestige card holders should be aware of. The devil is usually in the details with credit card offers and perks. Being able to use the travel credit on easy categories like restaurants and supermarkets should make a lot of card members happy. I also think the change to calendar year versus statement dates also makes life a lot easier. Even though I am not a fan of ThankYou points I think Citi did good here.