Credit Card Rewards Are Playing Harder to Get | Bloomberg


Citigroup Inc. just unveiled an updated version of its premium credit card, the Citi Prestige. The new card is made of metal—like its direct competitors, Chase Sapphire Reserve and American Express Platinum—and comes with attractive perks including free nights at hotels, an annual $250 air travel credit, and a sign-up bonus of 75,000 points, which, according to Citi, are worth $935 in air travel.

There’s a catch, though: To get those 75,000 points, cardholders must spend $7,500 on the card in the first three months.

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