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I’ve written quite a bit about the Citi Prestige Card. I’d argue it offers the all around most compelling value proposition of any card at the moment, between the sign-up bonus, perks, and return on everyday spend.
The card has a $450 annual fee, though has so many benefits which more than justify the annual fee, in my opinion. Among other things, these include:
- A sign-up bonus of 40,000 ThankYou Rewards points after spending $4,000 on the card within the first three months — those points can be transferred to one of their airline transfer partners, or redeemed for flights on any airline.
- A $250 annual airline credit
- A fourth night free hotel benefit
- The most comprehensive Priority Pass membership offered by any card
- A $100 Global Entry fee credit
In my opinion almost everyone will get value out of the sign-up bonus and airline fee credit, while a vast majority of people would get value out of Admirals Club access, a Priority Pass membership, and in particular the fourth night free hotel benefit.
The fourth night free hotel benefit is one which has saved me over a thousand dollars in my first few months of card membership. And I’ve written about the benefit several times, since at first I assumed it was a gimmick. After all, if it sounds too good to be true, it usually is.
But this isn’t. It’s actually every bit as valuable as it sounds. Here are the posts I’ve written about the benefit so far:
- Citi Prestige Card Fourth Night Free Hotel Benefit Details
- My Experience Using The Citi Prestige Fourth Night Free Benefit
- Is The Citi Prestige Fourth Night Free Hotel Benefit A Gimmick?
- Which Hotels Are Eligible For Citi Prestige 4th Night Free Hotel Benefit?
- How Quickly Does The Citi Prestige Fourth Night Credit Post?
- More Citi Prestige Card 4th Night Free Data Points
Given how often I’ve written about the benefit, you’d think it would be at the top of my mind.
Well, I’ll be in New York soon, and needed to arrange hotels for about 4-5 days. New York is rarely a market with amazing hotel deals, so I found myself feeling pretty indifferently about my options.
Eventually I started looking at options through American Express Fine Hotels & Resorts (offered through the The Business Platinum® Card from American Express OPEN and The Platinum Card® from American Express). Not only does it offer added benefits, but they also often have promotions whereby you can get the third or fourth night of a hotel stay free.
For example, the W New York Times Square (which I really don’t love), was $340 per night, with a fourth night free benefit and a $100 food & beverage credit. So that’s ~$255 per night, which was certainly looking like one of the better options.
Yet oddly while pondering which option to go with for a couple of hours, I never once thought of the Citi Prestige Card fourth night free benefit. With this benefit you can book pre-paid rates and AAA rates, so I could have booked a $306 rate with the fourth night free, which would have brought the cost down to ~$230 per night. Now that’s an attractive price! I realize that wouldn’t come with the $100 food & beverage credit, but I don’t value that at anywhere close to face value at a Times Square hotel.
What did I end up booking? The Andaz 5th Avenue, which is probably my all around favorite value in NYC, was available for $356 per night on a AAA rate.
By using the Citi Prestige Card fourth night free benefit, I knocked the rate down to ~$267 per night. For New York City that’s a pretty unbeatable value, in my opinion. Staying there will also get me “real” room service breakfast, which is much more valuable than anything I’d get staying at an SPG property in New York City.
The process of booking the Andaz 5th Avenue took all of 15 minutes on the phone (as usual I explained to the agent that I knew exactly what I wanted to book, and requested to be transferred to one of the Carlson Wagonlit agents, rather than having them call me back).
As far as I’m concerned the fourth night free benefit continues to be the biggest perk of the Citi Prestige Card. It has been a while since I’ve used the benefit, so after spending a couple of hours searching for the best deals in New York City (in particular promotions through American Express Fine Hotels & Resorts), I had the epiphany that I have access to the single most lucrative fourth night free benefit out there, valid at most major hotels over virtually any dates.
Have you been utilizing the fourth night free Citi Prestige Card benefit lately?