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TPG reader Mel tweeted me to ask:

@thepointsguy – “Is it worth replacing my Citi Prestige card with an American Express Platinum Card if I typically fly out of Newark, which does not have a Centurion lounge? Are there any other benefits I should consider?”

Unfortunately, there is no Centurion Lounge at Newark (EWR), and the closest one is at LaGuardia (LGA). If you fly American and often route through Dallas or Miami, you could use the lounges there, making the The Platinum Card from American Express more worthwhile.

However, I think that the Citi Prestige card is one of the most underrated credit cards out there. This past October, Citi made some changes that I think improve the card’s value a lot, and additional cardholders only have to pay an annual fee of $50 each to get Admirals Club Lounge Access plus Priority Pass Select, which are incredible benefits.

Citi has also been adding more transfer partners like Singapore and Flying Blue, and even more recently Virgin Atlantic and Qantas. The transfer partners aren’t as valuable as American, but the card still has many other great benefits, like the $250 airline fee rebate.

Citi Prestige vs. Amex Platinum vs. Visa Black...which one wins? Photo courtesy of Shutterstock.
Citi Prestige vs. Amex Platinum vs. Visa Black…which one wins? Photo courtesy of Shutterstock.

We actually did a match up of premium cards including the Citi Prestige, the Amex Platinum and the Visa Black card, and the Prestige card surprisingly came out ahead. Mel, I wouldn’t neccesarily switch cards, just make sure you’re getting the full value from your Citi Prestige card and utilizing all its benefits.

If you have any other questions, please tweet me @thepointsguy, message me on Facebook, or send me an email at info@thepointsguy.com.

The Platinum Card® from American Express

The American Express Platinum card has some of the best perks out there: cardholders enjoy the best domestic lounge access (Delta SkyClubs, Centurion Lounges, and Priority Pass), a $200 annual airline fee credit as well as up to $200 in Uber credits, and mid-tier elite status at SPG, Marriott, and Hilton. Combined with the 60,000 point welcome offer -- worth $1,140 based on TPG's valuations -- this card is a no-brainer for frequent travelers. Here are 5 reasons you should consider this card, as well as how you can figure out if the $550 annual fee makes sense for you.

Apply Now
More Things to Know
  • Earn 60,000 Membership Rewards® points after you use your new Card to make $5,000 in purchases in your first 3 months.
  • Up to $200 for Uber rides annually. Credit and Uber VIP status available to Basic Card Member only.
  • 5X Membership Rewards® points on flights booked directly with airlines or with American Express Travel.
  • 5X Membership Rewards® points on eligible hotels booked on amextravel.com.
  • As a Platinum Card Member, you can enjoy access to the Global Lounge Collection, the only credit card airport lounge access program that includes proprietary lounge locations around the world.
  • Receive complimentary benefits with an average total value of $550 with Fine Hotels & Resorts. Learn More.
  • $200 Airline Fee Credit, up to $200 per calendar year in baggage fees and more at one qualifying airline.
  • Terms Apply.
  • See Rates & Fees
Intro APR on Purchases
N/A
Regular APR
N/A
Annual Fee
$550
Balance Transfer Fee
See Terms
Recommended Credit
Excellent/Good
Terms and restrictions apply. See rates & fees.

Editorial Disclaimer: Opinions expressed here are author’s alone, not those of any bank, credit card issuer, airlines or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities.

Disclaimer: The responses below are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser’s responsibility to ensure all posts and/or questions are answered.