HWZ Forums

Login Register FAQ Mark Forums Read

Citibank's New Prestige Card

Like Tree295Likes
Reply
 
LinkBack Thread Tools
Old 06-03-2013, 09:35 PM   #16
Master Member
 
Join Date: Jan 2010
Posts: 3,914
Very long page on the T&Cs, looks like all travel benefits must be booked through MasterCard's official travel agency which is Carlson Wagonlit Travel. So basically all reservations etc must be through Citibank or something like that. This is a World Elite MasterCard.

You also earn $1/4miles when shopping at Club 21 boutiques which is same as Rewards card.

There is also Priority Pass as well.

Last edited by lcpteck; 06-03-2013 at 09:38 PM..
lcpteck is offline   Reply With Quote
Old 06-03-2013, 09:48 PM   #17
Senior Member
 
Join Date: Dec 2004
Posts: 2,092
Take 192.6/10*25 = $481.5. By proportion, u r paying $54 more as compared to PM. This card is more expensive. Got additional priority pass? got free taxi ride? at least must mitigate those additional cost leh
The original question was whether it was good value to pay $535 for the 25k miles. My point was that it was the same value (fine, maybe a little more ex) compared to the Premiermiles and DBS Altitude card. To be accurate, you are paying 1.926c per mile for PM and 2.14c per mile for Prestige card. So, yes, it is good value, where the miles are concerned.

Since you mentioned PP, Prestige Card comes with it as well and allows for 4 visits a year, better than the 2 offered by PM. PM does not include free taxi ride either.
Suleyman is offline   Reply With Quote
Old 06-03-2013, 09:57 PM   #18
Member
 
Join Date: Aug 2007
Posts: 410
The original question was whether it was good value to pay $535 for the 25k miles. My point was that it was the same value (fine, maybe a little more ex) compared to the Premiermiles and DBS Altitude card. To be accurate, you are paying 1.926c per mile for PM and 2.14c per mile for Prestige card. So, yes, it is good value, where the miles are concerned.

Since you mentioned PP, Prestige Card comes with it as well and allows for 4 visits a year, better than the 2 offered by PM. PM does not include free taxi ride either.
So no free taxi ride? No fast track service?

So hsbc infinite better right
lingua101 is offline   Reply With Quote
Old 06-03-2013, 10:08 PM   #19
Senior Member
 
Join Date: Dec 2004
Posts: 2,092
So no free taxi ride? No fast track service?

So hsbc infinite better right
No free taxi and no free fast track.

HSBC Visa Infinite have those free IF you charge $5k to the card per quarter. However, you are earning 1 mile/$, instead of 1.4 (or more) miles/$. So at 5k a quarter, you lugi 2k miles a quarter.

On the other hand, if you can consistently charge $75k a year to HSBC VI, you are earning 1.5 miles/$, so earning more miles. Unless you are a long time Citibank customer or Citigold customer and earning the 15% bonus, which makes the effective earning rate as 1.61 miles/$.

So, difficult to say which is strictly better, between the two cards. It depends on the cardholder.
Suleyman is offline   Reply With Quote
Old 06-03-2013, 10:21 PM   #20
Master Member
 
Aleksandr's Avatar
 
Join Date: Dec 2001
Posts: 2,561
Quite intriguied when I saw the ad in ST this morning, but just renewed my HSBC VI for$488 / 75,000 points so will probably pass...
__________________
hi.
Aleksandr is offline   Reply With Quote
Old 06-03-2013, 10:34 PM   #21
Senior Member
 
Join Date: Nov 2003
Posts: 2,410
So have anyone going to apply for the card and had already applied?
hclee01 is offline   Reply With Quote
Old 06-03-2013, 11:03 PM   #22
Senior Member
 
Join Date: Nov 2005
Posts: 1,336
So have anyone going to apply for the card and had already applied?
Will apply for this card if they agree to waive the annual fee. Will forgo the welcome points. It's better than my premier miles so don't mind switching. I more than 5 years citi customer too. So qualify for 10 percent bonus. But, if no waiver of fee, I am not interested.
final1 is offline   Reply With Quote
Old 06-03-2013, 11:03 PM   #23
Master Member
 
Join Date: Jan 2010
Posts: 3,914
I don't come close to the income requirement.
lcpteck is offline   Reply With Quote
Old 06-03-2013, 11:05 PM   #24
Senior Member
 
Join Date: Nov 2005
Posts: 1,336
I don't come close to the income requirement.
As long as you got $30k income, can just apply to try. That is the only requirement by law that must be met. The rest is flexible.
lcpteck likes this.
final1 is offline   Reply With Quote
Old 06-03-2013, 11:52 PM   #25
Member
 
Join Date: Sep 2006
Posts: 121
Was browsing the fine print and saw this... not very good.

4.4 The cardmember will be charged a S$25 administrative fee ... Each redemption request must be in multiples of 2 miles, subject to a minimum of 500 miles and a maximum of 100,000 miles per transfer per day.
the_ed is offline   Reply With Quote
Old 07-03-2013, 09:15 AM   #26
Arch-Supremacy Member
 
goenitz33's Avatar
 
Join Date: Sep 2007
Posts: 15,306
no diff to me since i m not qualified for this card LOL
Conti using my PM card...
yup same
__________________
A Fan of Soldam "Windy" Casings
goenitz33 is offline   Reply With Quote
Old 07-03-2013, 10:06 AM   #27
Member
 
Join Date: Aug 2007
Posts: 410
No free taxi and no free fast track.

HSBC Visa Infinite have those free IF you charge $5k to the card per quarter. However, you are earning 1 mile/$, instead of 1.4 (or more) miles/$. So at 5k a quarter, you lugi 2k miles a quarter.

On the other hand, if you can consistently charge $75k a year to HSBC VI, you are earning 1.5 miles/$, so earning more miles. Unless you are a long time Citibank customer or Citigold customer and earning the 15% bonus, which makes the effective earning rate as 1.61 miles/$.

So, difficult to say which is strictly better, between the two cards. It depends on the cardholder.
That 2k I think is enough to offset free taxi to airport and fast track facility lor.

So paying $535 just for buying miles?
lingua101 is offline   Reply With Quote
Old 07-03-2013, 10:28 AM   #28
Master Member
 
Aleksandr's Avatar
 
Join Date: Dec 2001
Posts: 2,561
Will apply for this card if they agree to waive the annual fee. Will forgo the welcome points. It's better than my premier miles so don't mind switching. I more than 5 years citi customer too. So qualify for 10 percent bonus. But, if no waiver of fee, I am not interested.
How to indicate interest but specify that you do not want to pay the fee?
Aleksandr is offline   Reply With Quote
Old 07-03-2013, 10:29 AM   #29
Senior Member
 
Join Date: Nov 2003
Posts: 2,410
Was so funny, I visited the branch at AMK Bus Interchange last night to enquire and they said that they don't have such a card. Called this morning to their hotline to check if I can apply at their branch, the CSO did not even know that they launched this new card. After I explained, then they offered to take my details for someone to contact me, which I declined.
hclee01 is offline   Reply With Quote
Old 07-03-2013, 10:30 AM   #30
Senior Member
 
Join Date: Dec 2004
Posts: 2,092
That 2k I think is enough to offset free taxi to airport and fast track facility lor.

So paying $535 just for buying miles?
Of course...

I refuse to pay credit card fees unless I get something like bucket loads of miles in return. So many cards in the market right now, make me pay for nothing in return, I take my business elsewhere.
Suleyman is offline   Reply With Quote
Reply
Important Forum Advisory Note
This forum is moderated by volunteer moderators who will react only to members' feedback on posts. Moderators are not employees or representatives of HWZ. Forum members and moderators are responsible for their own posts.

Please refer to our Terms of Service for more information.


Thread Tools

Posting Rules

Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are On