Right now the Citi Prestige® Card comes with 40,000 bonus ThankYou Points after $4,000 in purchases made with your card in the first 3 months the account is open.

Beyond the sign up bonus, the card competes with the American Express Platinum card by offering a host of travel benefits like:

$250 in airfare or airline fee credits per calendar year
$100 credit for applying for Global Entry
3x points on Airlines and Hotels, 2x on Dining and Entertainment
American Airlines lounge access until July 23, 2017
Priority Pass Select Lounge Access

It is these two lounge accesses

This offer is expired. See the new offer and analysis here.
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Yesterday, Citi launched a 50,000 point offer on the Citi Prestige after spending $3,000 in the first three months. The previous offer was 30,000 points after $2,000 in spending.

Read my analysis of the new offer.

I had gotten the old offer last week, so I was eager to see if I could be matched to the new, better offer.

This offer is expired.

Update 7/28/16: The Prestige's offer has been improved to 40,000 bonus points after $4,000 in purchases in the first 3 months.