Review: Citi Prestige Card

Here’s The MileLion’s review of the Citi Prestige Card, Citibank’s second most exclusive credit card (after the invite-only Citi ULTIMA).

Even though this card has been discontinued elsewhere, it’s still going strong in Singapore, rewarding cardholders with travel benefits, gourmet promotions, and various lifestyle offers. But with a non-waivable annual fee of S$540, a Citi Prestige Card is certainly going to make a dent in your wallet. 

Here’s a detailed look at what’s in store for cardholders who take the plunge.

Citi Prestige
🦁 MileLion Verdict
☐ Take It ☑ Take It Or Leave It ☐ Leave It
What do these ratings mean?
While some of its benefits have been chipped away, the Citi Prestige Card remains one of the more competitive cards in the $120K segment.
👍 The good	👎 The bad
71,000 miles sign-up bonus Unlimited lounge access with one guest 4th night free benefit Buy low-cost miles with Citi PayAll Points don’t expire Wide variety of transfer partners	Earn rates lagging behind other $120K cards 4th night free benefit conditions getting tighter and tighter High minimum spend for airport limo transfers Points don’t pool
💳 Full List of Credit Card Reviews

Overview: Citi Prestige Card

Let’s start this review by looking at the key features of the Citi Prestige Card. 

Apply Here
Income Req.	S$120,000 p.a.	Points Validity	No expiry
Annual Fee	S$540	Min. Transfer	25,000 TY points (10,000 miles)
Miles with Annual Fee	25,000	Transfer Partners	SIA BA Cathay Pacific Etihad EVA Air Flying Blue Qantas Qatar THAI Turkish IHG
FCY Fee	3.25%	Transfer Fee	S$27
Local Earn	1.3 mpd	Points Pool?	No
FCY Earn	2.0 mpd	Lounge Access?	Yes
Special Earn	N/A	Airport Limo?	Yes
Cardholder Terms and Conditions

The Citi Prestige comes in metal cardstock, but it’s actually one of the lightest metal cards on the market. In fact, it’s more of a hybrid, weighing in at 8 grams, just a hair over the standard plastic card’s 5 grams.

How much must I earn to qualify for a Citi Prestige?

The Citi Prestige has a S$120,000 p.a. income requirement, although it is also available to Citigold customers (min AUM: S$250K) who earn at least S$30,000 p.a.

If you don’t meet the income criteria, it may be possible to get the Citi Prestige as a secured credit card, with a deposit of at least S$15,000. Visit a Citi branch to make enquiries. 

How much is the Citi Prestige Card’s annual fee? 

	Principal Card	Supp. Card
First Year	S$540	Free
Subsequent	S$540	Free

The Citi Prestige has an annual fee of S$540, which will increase to S$545 from 1 January 2024 due to the increase in GST from 8% to 9%. Supplementary cards are free for life.

Annual fee waivers are not available for the Citi Prestige, so don’t even think about asking (Citigold has run acquisition promotions which waive the first year’s fee, but there’s nothing going on now to my knowledge).

Cardholders receive 25,000 miles for paying the annual fee each year, which works out to about 2.16 cents per mile. That’s a relatively high cost to pay, but remember, we need to look at the benefits in totality. 

What sign-up bonus or gifts are available?

The Citi Prestige is currently offering 71,000 bonus miles for cardholders who apply online for a Citi Prestige Card and receive approval within 30 days of application. 

Cardholders will earn:

• 25,000 miles for paying the S$540 annual fee 
• 23,000 miles for spending S$1,000 in local currency
• 23,000 miles for spending S$1,000 in foreign currency

The minimum spend for local and foreign currency must be met by the end of the second calendar month following the month of approval. For example, those approved from 1-31 August 2023 have until 31 October 2023 to meet the minimum spend. Depending on when your approval comes in, you have anywhere from 2-3 months to meet the minimum spend.

This offer is open to individuals who have not cancelled a Citi Prestige Card in the 12 months prior to application. Existing Citi principal cardholders are eligible.

The full details can be found below:

Extended: Citi Prestige Card 71,000 miles sign-up bonus

How many miles do I earn?

🇸🇬 SGD Spend	🌎 FCY Spend	⭐ Bonus Spend
1.3 mpd	2 mpd	N/A

SGD/FCY Spend

Citi Prestige members earn:

• 3.25 ThankYou points for every S$1 spent in Singapore Dollars
• 5 ThankYou points for every S$1 spent in foreign currency (FCY)

5 ThankYou points are worth 2 airline miles, so that’s an equivalent earn rate of 1.3 mpd for local spend, and 2.0 mpd for FCY spend.

👫 Relationship Bonus

The Citi Prestige Card features a “relationship bonus” which awards 5-30% more points depending on your tenure with Citibank, and whether you have Citigold status. Contrary to popular belief, a 5% bonus does not mean you earn 1.3 * 1.05 = 1.365 mpd. Instead, the relationship bonus percentage is applied to your overall dollar spend amount to derive bonus points. For example, if you spend S$10,000 in a year with a 5% bonus, you get 5% * 10,000= 500 bonus points, or a paltry 200 miles. The bump in mpd is a mere 0.02! Here’s how much you can earn on local/overseas spending with the relationship bonus: Non-Citigold (Local/FCY) Citigold (Local/FCY) 0-5 years: 1.32/2.02 mpd 0-5 years: 1.36/2.06 mpd 6-10 years: 1.34/2.04 mpd 6-10 years: 1.38/2.08 mpd >10 years: 1.36/2.06 mpd >10 years: 1.42/2.12 mpd

Truth be told, these earn rates could certainly be much better. In terms of miles earning potential, the Citi Prestige Card ranks towards the bottom of the $120K pack.

Card	SGD	FCY
StanChart Visa Infinite	1.4 mpd*	3 mpd*
DBS Vantage	1.5 mpd	2.2 mpd
OCBC VOYAGE	1.3 mpd	2.2 mpd
HSBC Visa Infinite	1.25 mpd^	2.25 mpd^
UOB VI Metal Card	1.4 mpd	2.4 mpd
Citi Prestige	1.3 mpd	2 mpd
Maybank Visa Infinite	1.2 mpd	2 mpd
AMEX Plat. Reserve	0.69 mpd	0.69 mpd
*Min. S$2,000 spend per statement month, otherwise 1 mpd for both SGD and FCY ^From second year onwards, with min S$50,000 spend in the previous membership year, otherwise (or if first year) 1 mpd (SGD) and 2 mpd (FCY)

However, the picture changes if you look at the base earn rates, without minimum spend requirements. In that case, the Citi Prestige ranks more respectably- and perhaps slightly better, once you factor in its rounding policy (see below).

When are ThankYou points credited?

ThankYou points are credited when your transaction posts, which generally takes 1-3 working days. 

How are ThankYou points calculated?

Here’s how you can work out the ThankYou points earned on your Citi Prestige Card. 

Local Spend	Round down transaction to nearest S$1, then multiply by 3.25. Round to nearest whole number
FCY Spend	Round down transaction to nearest S$1, then multiply by 5. Round to nearest whole number

Unlike some cards which award points for every S$5 spent (such as the OCBC VOYAGE and UOB Visa Infinite Metal Card), the Citi Prestige awards points for every S$1 spent. 

This means you lose fewer points through rounding, which can make a big difference on smaller transactions. For example, the Citi Prestige Card can outperform the ostensibly higher-earning UOB Visa Infinite Metal on certain transactions, as illustrated below.

	Citi Prestige Earn Rate: 1.3 mpd	UOB VI Metal  Earn Rate: 1.4 mpd
S$5	6.4 miles	6 miles
S$9.99	11.6 miles	6 miles
S$15	19.6 miles	20 miles
S$19.99	24.8 miles	20 miles
S$25	32.4 miles	34 miles
S$29.99	37.6 miles	34 miles

If you’re an Excel geek, here’s the formulas you need to calculate points: 

Local Spend	=ROUND (ROUNDDOWN(X,0)*3.25,0)
FCY Spend	=ROUND (ROUNDDOWN(X,0)*5,0)
Where X= Amount Spent

For the full list of formulas that banks use to calculate credit card points, do refer to these articles:

• General Spending Cards
• Specialised Spending Cards

What transactions aren’t eligible for ThankYou points?

A full list of ineligible transactions to earn ThankYou points can be found in the Citi rewards T&Cs.

I’ve highlighted a few noteworthy categories below:

• Educational Institutions (MCC 8211-8299)
• Donations (MCC 8398)
• Government Services (MCC 9000-9999)
• Insurance (MCC 6300)
• Professional Services and Membership Organizations (MCC 8651-8661)
• Quasi cash transactions (MCC 6529-6540)
• Real Estate Agents and Managers (MCC 6513)
• Top-ups to prepaid accounts like YouTrip and GrabPay
• Utilities payments (MCC 4900)

For avoidance of doubt, the Citi Prestige Card still earns points for CardUp and hospital spend.

What do I need to know about ThankYou points?

❌ Expiry	↔️ Pooling	💰 Transfer Fee
No Expiry	No	S$27
⬆️ Min. Transfer	✈️ No. of Partners	⏱️ Transfer Time
25,000 TY Points (10,000 miles)	11	24-48 hours (for KF)

Expiry

ThankYou points earned on the Citi Prestige Card do not expire.

Pooling

Citibank has a policy of not pooling points across cards.

If you have 12,000 ThankYou points on the Citi Prestige Card and 30,000 ThankYou points on the Citi Rewards Mastercard, you will have to pay two separate conversion fees. This also means that you’ll need to transfer all your points out before cancelling the card, or else forfeit them.

Transfer Partners & Fee

Citibank has the widest variety of transfer partners in Singapore, with 11 airline and hotel programmes to choose from. This gives you access to some great sweet spots, like with British Airways Executive Club, Etihad Guest, and Turkish Miles&Smiles.

More importantly, all three airline alliances are represented: Star (KrisFlyer, EVA, THAI, Turkish), oneworld (Asia Miles, BA, Qantas, Qatar), and SkyTeam (Flying Blue). This means your points are intrinsically more valuable, since you’re hedged against any one particular programme carrying out a devaluation. 

Points transfer at a 5:2 ratio, with a minimum transfer block of 10,000 miles. 

Frequent Flyer Programme	Conversion Ratio (ThankYou Points: Partner)
	25,000: 10,000
	25,000: 10,000
	25,000: 10,000
	25,000: 10,000
	25,000: 10,000
	25,000: 10,000
	25,000: 10,000
	25,000: 10,000
	25,000: 10,000
	25,000: 10,000
	25,000: 10,000

An admin fee of S$27 applies to all transfers.

Transfer Times

Citibank tells customers that points transfers will take 14 business days, but in reality it’s usually 24-48 hours for KrisFlyer, or 2-4 working days for other programmes.

If you need your points credited instantly, you can move them via Kris+ at a rate of 10,000 TY points = 3,400 KrisPay miles. KrisPay miles can then be instantly converted to KrisFlyer miles at a 1:1 ratio. 

S$5 for new Kris+ Users

Get S$5 (in the form of 750 KrisPay miles) when you sign-up with code W644363 and make your first transaction

There are pros and cons to this:

Pros

• Minimum conversion block is reduced to 10,000 TY points, versus 25,000 TY points if converting via Citibank’s rewards portal
• Transfers from Citi to Kris+ and Kris+ to KrisFlyer are instant

Cons

• Those 10,000 TY points would normally be worth 4,000 KrisFlyer miles, so a 15% haircut is incurred

Should you choose to take this option, do note that it’s a two-step process. The first transfer is from Citi to Kris+, the second is from Kris+ to KrisFlyer. A big button will pop up after the first step prompting you to take the second.

If you do not convert within seven days, or spend any of the transferred miles, the balance will be “stuck” in Kris+, where they expire after six months, and are worth a mere 0.67 cents apiece.

Other card perks

4th Night Free on hotel stays

One of the biggest draws of the Citi Prestige is the 4th Night Free benefit, which allows cardholders to stay four nights at a hotel for the cost of three.

Here’s how it works: Citi Prestige Cardholders make a hotel booking through the Citi Prestige concierge of at least four nights. The average pre-tax rate of the first four nights will be refunded within two billing cycles (up to 90 days) from completion of full payment, which must be made at the time of booking.

In the example above, the cardholder receives a refund of S$118 (the average of S$100, S$130, S$160 and S$80). Since the refund is on the Citi side, elite credit and hotel points (if applicable) are earned on the full amount of spending.

A maximum of one free night can be enjoyed per stay, back to back stays will not be honoured. Back to back stays are defined as consecutive stays:

• In the same hotel, same city
• In a different hotel, in the same city

Consecutive stays are defined as any stay in which the check-in date is less than seven days from the previous check-out date. 

Only the principal cardholder is entitled to this benefit, and he/she must be staying at the hotel. The following stays are excluded:

• Full and half board room stays
• Single and multi-room suites
• Home & farm stays
• Serviced apartments
• Villas
• Packaged stay and member rates, such as air and hotel, hotel and car rental, hotel and meals bundled promotions

This means the concierge will not let you book an all-suites or all-villa hotel, even though I believe that wasn’t the original intention of the exclusions.

Only prepaid rates that are available on the hotel’s website (excluding member’s rates) or Expedia can be booked.

As you can see, Citi has slapped a whole lot of restrictions on this benefit, so much so that existing cardholders complain it’s dying the death of a thousand cuts. You can still save money, sure, but you might drive yourself a little crazy trying to do it.

Complimentary airport limo

Once upon a time, spending just S$1,500 per quarter in foreign currency would unlock four free airport limo rides on the Citi Prestige Card. But in April 2019, Citi hiked the spending to S$20,000 per quarter while reducing the rides to two. That was an outrageous change, and the bank’s attempts to spin it as an “enhancement” didn’t help.

In February 2020, Citi walked back the changes somewhat. The minimum spend was reduced to S$12,000 per quarter, where it’s remained ever since.

💳 Airport Limo Benefits (income req.: S$120K)
Card	Qualifying Spend	Cap
HSBC Visa Infinite	S$2K per month for 1 ride*	24 per year
Maybank Visa Infinite	S$3K per month for 1 ride	8 per year
Citi Prestige	S$12K per quarter for 2 rides	2 per quarter
OCBC VOYAGE	S$12K per quarter for 2 rides	2 per quarter
AMEX Plat. Reserve	N/A	N/A
DBS Vantage	N/A	N/A
SCB Visa Infinite	N/A	N/A
UOB VI Metal Card	N/A	N/A
*First 2 (Regular customer) or 4 (HSBC Premier) per year are free

Quarters are defined as:

• Q1: 1 Jan to 31 Mar
• Q2: 1 Apr to 30 Jun
• Q3: 1 Jul to 30 Sep
• Q4: 1 Oct to 31 Dec

For avoidance of doubt, Citi PayAll spending will count towards the S$12,000 qualifying spend, provided the 2.2% service fee is paid.

Rides must be booked in the same quarter they are earned, although the ride date can be outside the earning quarter. For example, on 3 May 2023 I charge S$12,000 in qualifying spend to my Citi Prestige Card. This earns me two complimentary limo rides, which I must book by 30 June 2023. The actual utilisation date can be beyond 30 June 2023.

Remember, limo rides are charged at the time of booking (not utilisation), so all that matters is the charge is reflected in the correct quarter.

Reimbursement for limo rides will take place in the following quarter. All bookings must be done via the Citi Prestige concierge at least 48 hours prior to pickup time. 

Unlimited complimentary lounge visits

Citi Prestige Cardholders enjoy unlimited lounge visits via Priority Pass, along with one guest. This benefit only applies to the principal cardholder; supplementary cardholders do not receive access.

As far as cards in the $120K segment go, this is pretty competitive.

Card	Lounge Network	Free Visits (Per Year)
		Main	Supp.
HSBC Visa Infinite	LoungeKey	∞	∞
OCBC VOYAGE	Plaza Premium	∞	∞
Citi Prestige	Priority Pass	∞ + 1 guest	N/A
UOB VI Metal Card	Dragon Pass	∞ + 1 guest	N/A
DBS Vantage	Priority Pass	10	N/A
SCB Visa Infinite	Priority Pass	6	N/A
Maybank Visa Infinite	Priority Pass	4	N/A
AMEX Plat. Reserve	N/A	N/A	N/A

Registration is required, and instructions can be found here.

Prestige Guest Chef Dining

Citi Prestige Cardholders receive periodic invitations to specially-curated dining experiences under the Prestige Guest Chef Dining programme.

These aren’t free, obviously, but can sometimes represent a small discount to the public price.

🍽️ Sample Event: Four Hands Dining – Iggy’s

This September, prepare to indulge in a culinary symphony as two masterful chefs, Chef Darren Chin of 1-Michelin starred DC Restaurant by Darren Chin, and Head Chef Jake Lee of 1 Michelin-starred Iggy’s, unite their creative prowess in a captivating Four Hands dinner collaboration. Chef Darren’s exquisite mastery, a fusion of classic French techniques and delicate Japanese nuances, intertwines harmoniously with Chef Jake’s artful curation of a seasonal menu that resonates with the flavors of Singapore, Southeast Asia, and contemporary European gastronomy trends. This exceptional collaboration promises an evening of transcendent flavours, where two distinct culinary realms converge to craft an unforgettable dining experience that celebrates innovation, cultural diversity, and the art of culinary storytelling.

Price: S$415.80 for 2 pax.

Buy cheap miles via Citi PayAll

Citi PayAll

While this isn’t unique to the Citi Prestige Card, one of the best perks of holding a Citibank card is access to Citi PayAll.

Citi Prestige Cardholders can pay various bills with their card and earn 1.3 mpd, in exchange for a 2.2% service fee.

23 different categories of payment are currently supported:

💰 Citi PayAll: Supported Payments
Category	Monthly Cap
Insurance	S$200,000
Education	S$100,000
Rent	S$30,000
Electricity Bills	S$30,000
Condo Management Fees (selected MCSTs)	S$30,000
Wedding Expenses Condo Management Fees Child Care Services Domestic Helper Service Fees Donation or Charity Payment Event Management Fees Membership Fees Maintenance Fees Medical Services Payment for Retail Goods and Services Parking Professional Services Fees Storage Travel Expenses Transport Fees Utilities	S$30,000 (each category)

Here’s a simple example:

• Set up a S$10,000 insurance premium payment via Citi PayAll
• Citi PayAll will charge your Citi Prestige Card S$10,220 (S$10,000 + 2.2% admin fee)
• Citi Prestige Card will earn 13,000 miles (S$10,000 @ 1.3 mpd; no miles for admin fee)
• Cost per mile= 1.69 cents (S$220 admin fee / 13,000 miles)

Citi runs periodic promotions that upsize the miles or discount the admin fee. The most recent offer (which ended on 20 August 2023) boosted the earn rate to 2.2 mpd across most Citi cards including the Prestige, lowering the cost to 1 cent per mile. 

Citi PayAll transactions will count towards the minimum spend for welcome offers, limo spend and other promotions, provided the service fee is paid.

I’ve written a comprehensive guide to Citi PayAll, so be sure to check out the article below. 

Citi PayAll Complete Guide: How to pay bills and earn miles

Complimentary golf games

Golf Bookings

Citi Prestige Cardholders enjoy complimentary golf games at the following clubs. 

Club	Benefit
Sentosa Golf Club (weekdays only)^ Sembawang Country Club Marina Bay Golf Course	Three complimentary weekday or weekend green fee rounds Minimum golfers per flight may be required by the golf clubs
Mission Hills Golf Club* Dongguan Hillview Golf Club Horizon Hills Golf & Country Club Tropicana Golf & Country Resort Glenmarie Golf & Country Club Ria Bintan Golf Club Klub Golf Sukajadi	Three complimentary weekday or weekend green fee rounds No accompanying paying guest per cardholder required Minimum golfers per flight may be required by the golf club
^There is a requirement of one minimum accompanying paying guest per cardholder for Sentosa Golf Club. No accompanying paying guest is required for Sembawang Country Club, Marina Bay Golf Course and Regional Golf Clubs. *Mission Hills Golf Club requires a minimum one-night stay for every tee time booking

Cardholders enjoy complimentary green fee rounds at three local and three regional golf clubs per calendar year. The benefit can be used at the same club multiple times, e.g. they could book three rounds at Marina Bay Golf Course. 

Complimentary travel insurance

Citi Prestige Cardholders enjoy two different insurance travel insurance policies- one from Citibank, and one from Mastercard.

From Citibank

Accidental Death	S$5,000,000
Medical Expenses	S$50,000
Travel Inconvenience	Flight Delay: S$400 Baggage Delay: S$400 Lost Baggage: S$1,000
Policy Wording

Citi Prestige Cardholders receive complimentary travel insurance when they charge their round-trip air ticket to their card. For avoidance of doubt, this includes situations where tickets are redeemed with miles, and the taxes/surcharges paid with the Citi Prestige Card.

However, the miles must be from one of Citi Singapore’s airline transfer partners. At the time of making a claim, you will need to show that the miles transferred from Citi are the same or more than the miles used to redeem the award ticket.

Cardholders are covered for up to S$5,000,000 for accidental death or dismemberment while traveling on a scheduled public conveyance, with S$50,000 coverage for medical expenses and S$100,000 for emergency medical evacuation.

Flight delays, baggage delays and lost baggage are also covered.

Coverage includes the cardholder, spouse, and up to three children. 

From Mastercard

Accidental Death	US$500,000
Medical Expenses	US$500,000
Travel Inconvenience	Flight Delay: US$500 Baggage Delay: US$500 Lost Baggage: US$3,000
Policy Wording

On top of the protection provided by Citibank, Citi Prestige Cardholders also enjoy additional coverage from Mastercard by virtue of World Elite Mastercard status. Like Citibank, Mastercard coverage is activated when you use your card to pay for your airfare (or taxes on an award ticket).

This features US$500,000 coverage for accidental death, US$500,000 coverage for medical expenses, plus US$7,500 for trip cancellation or curtailment. 

Coverage includes the cardholder, spouse, and up to three children. 

Sands Lifestyle Prestige

T&Cs

Citi Prestige Cardholders can enjoy a complimentary upgrade to the Prestige tier of Sands Lifestyle, Marina Bay Sand’s loyalty programme.

Sign-up Period	Free Membership	Renewal Criteria
15 Aug to 30 Nov 23	12 months	Spend S$5,000 within 12 months
1 Dec 23 to 30 Apr 24	3 months	Spend S$1,500 within 3 months

Cardholders who sign up from 15 August to 30 November 2023 will enjoy a 12-month membership. They can renew their membership for a second 12-month period by spending at least S$5,000 within the initial 12-month period, failing which they will be downgraded to the Lifestyle tier. 

Cardholders who sign up from 1 December 2023 to 30 April 2024 will enjoy a 3-month membership. They can renew their membership for a second 9-month period by spending at least S$1,500 within the initial 3-month period, failing which they will be downgraded to the Lifestyle tier. 

Sands Lifestyle Prestige members enjoy perks such as:

• Up to 20% instant Resort Dollars at over 250 outlets
• 10% savings on hotel room rate
• Preferential earning of up to 10% instant Resort Dollars at selected restaurants
• $4 Resort Dollar parking (with same-day spend)
• Complimentary tickets to Marina Bay Sands attractions (up to two tickets per day per attraction, capped at two per month)
  • Digital Light Canvas
  • Sampan rides
  • SkyPark Observation Deck 
• 1-for-1 ArtScience Museum exhibition tickets (up to four tickets per month)

The full list of perks can be found here.

To upgrade their status, Citi Prestige Cardholders must visit one of the following locations in person

• Lobby, Hotel Tower 1
  Daily: 10am – 10.30pm
• The Shoppes, B1 (above Sampan Rides)
  Daily: 10am – 11pm
• The Shoppes, B2 (near Digital Light Canvas)
  Daily: 10am – 11pm

World Elite Mastercard benefits

As a World Elite Mastercard, Citi Prestige cardholders enjoy the following perks:

• Avis President’s Club status
• Complimentary fast-track to GHA Discovery Titanium status
• Complimentary 12-month HoteLux Elite Plus membership + US$200 in points
• US$20,000 annual purchase protection
• US$1,000 annual e-commerce purchase protection
• Held Tables for reservations at >600 dining venues worldwide
• Mastercard Priceless offers

For what it’s worth, I think the World Elite Mastercard perks are much better than their Visa Infinite counterparts. 

Terms & Conditions

• Citi Prestige Card Information Sheet
• Citi Prestige Card T&Cs

Summary Review: Citi Prestige Card

Apply Here

The Citi Prestige Card can certainly be useful to frequent travellers.

Those who stay in one place long enough to utilise the 4th night free benefit will find that a handful of bookings can help them recover the annual fee. Likewise, the unlimited lounge visits will be useful for the times you don’t fly First or Business Class, or if you just want to grab a meal at an airport restaurant (unlike AMEX cards, Citi does not exclude these “non-lounge experiences”). And since a guest is included, you can travel with a different person every time. 

Citi PayAll continues to be hands down the cheapest way of buying miles on the market, and given Citi’s wide range of transfer partners, you can expand your horizons beyond the usual KrisFlyer and Asia Miles options. PayAll spend also counts towards the complimentary airport limo rides, which can be the icing on the cake. 

However, the Citi Prestige Card is certainly weaker than it used to be a few years ago. The 4th night free benefit has become more and more frustrating to use, given the additional terms that Citi has slapped on, and there’s no more free Boingo inflight Wi-Fi or CDW coverage for rental cars.

All things considered, however, the Citi Prestige still offers the easiest path to annual fee recovery among cards in the $120K segment (especially once you factor in the 25,000 annual miles), and if the rarefied air of the ULTIMA is out of reach, this might be a good consolation prize.