The Citi ThankYou® Rewards program allows eligible bank or credit card customers to earn ThankYou Points—a flexible rewards currency—on purchases made with certain Citi credit cards. Although the Chase Ultimate Rewards and American Express Membership Rewards programs both offer more cards that earn their respective currencies, Citi ThankYou Points are still valuable and easy to earn. 

You can earn Citi ThankYou Points by opening new credit cards to earn their welcome bonuses and paying for everyday purchases with an eligible credit card.

This coming Sunday, July 23, the Citi Prestige Card will lose some benefits and gain some new ones.

This is the current offer, as of today:

Sign Up Bonus: 50,000 ThankYou Points after $4,000 in spending within 3 months of opening card
Category Bonuses: 3x on air travel and hotels, 2x on restaurants and entertainment
Air Travel Credit:  $250 statement credit per calendar year ($500 during first year of cardmembership)
Global Entry: $100 application fee credit
Lounge access: Priority Pass lounges worldwide for you and two guests
Free golf: Three rounds of golf annually booked through Citi
Free

About a year ago I excitedly opened a Citi Prestige card, ready for my 50,000 ThankYou point bonus and lounge access, among other things. Since the, the bonus has dropped to 40,000 ThankYou Points, but considering the myriad of other benefits the card maintained, it's still worth getting if you haven't had it yet. Read our full review of the Citi Prestige.

11 months into holding any card that's got an annual fee, I do a cost/benefit analysis to figure out if I'm getting enough value from the card to keep it open.

The Citi Prestige® Card offers the fourth night free on paid hotel stays if you book through its designated travel agent. This benefit can save you a lot more than 25% on your next hotel stay.

4th Night Free on Hotel Stays
From the terms and conditions of the benefits of the Prestige Card:

You will enjoy a complimentary fourth night with no black-out dates, when you book four consecutive nights at any hotel booked by a personal travel advisor designated by MasterCard (the “designated travel advisor” is Carlson Wagonlit Travel).

This golf benefit expires July 23, 2017.

The Citi Prestige® Card offers cardholders three free rounds of golf per calendar year at over 2,400 public and private courses.

This golf benefit expires July 23, 2017.

The Citi Prestige® Card offers cardholders three free rounds of golf per calendar year at over 2,400 public and private courses.

Last month I flew from Bogota, Colombia to Washington, DC in economy with a layover in Miami. I was able to get free lounge access in Bogota and Miami from my Citi Prestige® Card.

The Citi Prestige® Card offers free Priority Pass Select lounge membership, which gives free access to over 700 lounges worldwide. Download the Priority Pass app to your phone or search for lounges here.

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.

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.