Is the Citi Premier Card Value Its Annual Price?

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Within the crowded deck of journey rewards playing cards, the Citi Premier℠ Card can get misplaced within the shuffle. It supplies stable advantages for frequent vacationers however has lacked any standout options that make it a must have.

Citi not too long ago up to date the cardboard’s sign-up bonus: Earn 60,000 bonus ThankYou® Factors after you spend $four,000 in purchases inside the first three months of account opening. That’s 10,000 factors greater than the earlier sign-up bonus.

The bonus is price $750 when used to e-book airfare by the ThankYou® Journey Middle, making it one of the crucial engaging welcome bonuses amongst journey playing cards. Sadly, Citi is now not waiving the Citi Premier℠ Card’s $95 annual charge for the primary 12 months.

» Study extra: Citi ThankYou factors: The right way to earn and use them

Is that this $95 annual charge price it? Right here’s a breakdown to assist determine if the Citi Premier℠ Card is smart for you.

The annual charge is price it if you happen to:

Journey usually (however not a ton). The Citi Premier℠ Card earns three ThankYou factors per $1 spent on journey and doesn’t incur international transaction charges, making it a stable alternative for frequent vacationers. That mentioned, different high-end journey playing cards provide perks like lounge entry and lodge standing, which may be extra interesting for true highway warriors.
Spend lots on gasoline. The 3x factors earned on journey consists of gasoline stations, in contrast to some related packages. That works out to an efficient three.75% again on the pump (three x 1.25 cents/level) if you happen to then use these factors to e-book airfare by the ThankYou portal.
Can meet the minimal spend for the sign-up bonus and pay it off instantly. The sign-up bonus for the Citi Premier℠ Card is a big a part of its potential worth. So it is best to solely think about getting the cardboard if you happen to can count on to responsibly meet the spending necessities of the sign-up bonus. Bear in mind: Payments like lease and mortgage funds don’t often go on a card.
Want easy level redemptions. For the reason that Citi Premier℠ Card’s switch companions are restricted (see under), it’s a sensible choice for individuals who choose the simple possibility of utilizing factors as money to e-book flights. ThankYou Factors are price 1.25 cents apiece when used this manner — not dangerous in any respect. And also you’ll earn miles on the airline flown while you e-book this manner (in contrast to award tickets).

The annual charge shouldn’t be price it if you happen to:

Desire a vary of switch choices. ThankYou Factors may be transferred to a good set of worldwide companions, together with Etihad and Singapore Airways, however JetBlue is Citi’s solely home companion. Different packages like Chase Final Rewards® and American Categorical Membership Rewards provide a broader vary of switch choices, particularly stateside.
Aren’t utilizing your present ThankYou Factors. Once more, the Citi Premier℠ Card’s sign-up bonus is the primary worth offset to its annual charge. So there’s no use including to an present trove of factors if you happen to’re not utilizing those you’ve gotten from one other Citi card.
Don’t journey a lot. It’s a journey card, in spite of everything. Think about a cash-back card or different all-purpose card.

Wish to see if the Citi Premier℠ Card will suit your spending habits? Use our calculator under to see whether or not the factors you’ll earn will make its annual charge price it.

The right way to maximize your rewards

You desire a journey bank card that prioritizes what’s essential to you. Listed below are our picks for the most effective journey bank cards of 2019, together with these finest for:

Planning a visit? Take a look at these articles for extra inspiration and recommendation:
The highest Citi bank cards of the 12 months
Discover the most effective journey bank card for you
High rewards bank card affords of the month

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