Citi Premier℠ Card Review
December 12, 2019
Good: For people who use credit cards for most of their purchases
Better: For people who spend big on entertainment
Best: For frequent travelers
Before you fly off on your next vacation, take a look at the rewards program offered by the Citi Premier℠ Card. It features an amazing introductory offer, along with double and triple rewards for travelers who like to spend big. The Premier rewards program also features ways for you to build up points on everyday purchases and monthly expenses.
Earn two points for every dollar you spend on entertainment, including restaurant and bar tabs, concerts, movie tickets and sporting events.
Earn one point for every dollar you spend on all other purchases.
Best way to use this card
Use the Premier Card to pay for all your travel expenses – while saving money and earning rewards. If you spend $8,000 to take your family on a Caribbean vacation, you can earn 24,000 rewards points.
Make all your entertainment purchases using the Premier Card and earn double points for every dollar you spend. Double rewards pile up fast, particularly when you use the card for fine dining and event tickets. When you and a date spend $350 a piece to see a Broadway show, then spend $100 each for dinner at a swanky restaurant, you can earn 1,800 rewards points. That’s not bad for a night out on the town.
Use the Premier card to pay for all your regular monthly expenses. A family of four can spend $500 per month on groceries and pay another $500 for cell phone bills, internet service, cable television and electric bills. Paying those monthly expenses with this card could net 12,000 rewards points every year.
In a nutshell
The Citi Premier Card offers one of the most generous introductory offers on the market. Spending just $4,000 in the first month of membership can deliver a windfall of rewards points.
It lacks the introductory 0% interest period offered by some competitors, and it charges a $95 annual fee. It’s no big deal if you plan to use the card a lot, but if you’re planning to do a balance transfer, it’s best to look elsewhere.
Citi has also taken mobile digital payments a step further by allowing cardholders to link to PayPal accounts. PayPal stores your billing information, which lets you avoid reentering data when making online purchases. And, the card’s tap-to-pay technology saves you time in the store.
Overall, the Citi Premier Card is a great credit card for frequent travelers and those who enjoy dining out and attending events. If that sounds like you, the Premier Card might fit the bill.