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One of the most valuable credit card benefits out there comes from the Citi Prestige Card. The 4th Night Free benefit can net you some serious savings — in fact, it saved TPG Editor-in-Chief Zach Honig $1,490 from a single hotel booking!

But, that savings pales in comparison to some new Prestige information that Citi just released to TPG. According to the issuer, the most expensive fourth night rebated on the Citi Prestige in 2016 was a $4,554 hotel stay in Santorini, Greece! That’s right, one cardholder saved $4,554 on a single stay booked with their Prestige card — that’s more than 10x the annual fee.

Santorini, Greek islands, Greece
One Prestige cardholder was able to save more than $4,500 on a stay in Santorini, Greece. Image courtesy of Mateo Colombo via Getty Images.

As a reminder, when you use the Citi Prestige Card to book four or more paid nights at any hotel in the world, you’ll receive the amount paid for the fourth night as a statement credit on your account. In order to be eligible, the reservation must be made by calling the Citi Concierge at the number on the back of the card. The card comes with a $450 annual fee, but as you can see in the examples above, that fee can easily be nullified by the amount you can save with the 4th Night Free benefit.

Here are some more stats from Citi about the Prestige Card and its benefits:

  • The 4th Night Free benefit saved cardholders a lot of money — on average, more than $300 per night.
  • About two-thirds of 4th Night Free rebates occurred at properties outside the US.
  • With the Priority Pass Select membership that comes with the card, one cardholder used the lounge access 106 times last year.

As you can see, there’s immense value to be had here with the Citi Prestige Card and its benefits. In fact, TPG himself used the 4th Night Free benefit on his recent trip to Nihiwatu, which is ranked as the No. 1 hotel in the world, and saved more than $1,300 with the rebate.

As you may remember, last year Citi announced that it was lowering the sign-up bonus, changing the 4th Night Free benefit to equal the average of the entire stay (not the cost of the actual fourth night), dropping Admirals Club access and eliminating the annual three rounds of golf benefit. However, the card still offers a fantastic value and could be worth signing up for.

Currently, Citi Prestige comes with a sign-up bonus of 40,000 points after you spend $4,000 in the first three months. In addition to the 4th Night Free benefit, you’ll also get $250 in air travel credit and a credit every five years for Global Entry or TSA PreCheck. In all, when you account for the value to be had from the air travel credit as well as the possible savings from the 4th Night Free perk, you essentially can save more than what you’re paying for the annual fee.

The Business Platinum® Card from American Express OPEN

LIMITED TIME OFFER. Aside from the 100,000 points welcome bonus (available until 8/8/18), Amex recently made huge improvements to the Business Platinum Card, including the fact that you will now earn 50% more points on purchases of $5,000 or more, earn 5x on flights and eligible hotels at and cardholders will receive a $200 airline fee credit each year.

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More Things to Know
  • Limited Time Offer: Earn up to 100,000 Membership Rewards® Points.
  • Earn 50,000 Membership Rewards® points after you spend $10,000 & an extra 50,000 points after you spend an additional $15,000 all on qualifying purchases within your first 3 months of Card Membership. Offer ends 8/8/18.†
  • Get 5X Membership Rewards® points on flights and prepaid hotels on
  • Get 50% more Membership Rewards® points. That's 1.5 points per dollar, on each eligible purchase of $5,000 or more. You can get up to 1 million additional points per year.
  • 35% Airline Bonus: Use Membership Rewards® Pay with Points for all or part of a flight with your selected qualifying airline, and you can get 35% of the points back, up to 500,000 bonus points per calendar year.
  • You can also receive 35% points back on all First and Business class flights, with all airlines available through American Express Travel.
  • You can enjoy access to The American Express Global Lounge Collection℠ offering access to the most lounges across the globe, when compared with other U.S. credit card offerings. As of 11/2017
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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.

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