Cardholders now need to spend S$20,000 per quarter instead of S$1,500 for 2 rides.

One of the best perks of the Citi Prestige will no longer be so valuable in future.

The mid-tier card – which requires an annual income of S$120,000 in Singapore – has got some pretty strong benefits, including two free limousine transfers each quarter with a minimum spend of S$1,500 in foreign currency.

This benefit will change from 1 April 2019, and cardholders will now need to spend a minimum of S$20,000 (local and foreign combined) each quarter to receive the same benefit.

A 1333% increase on minimum spend is definitely not an enhancement (tsk tsk, Citibank), it’s definitely not the end of the world.

So tell me why I should keep the card

While the limo services will no longer be within reach by the bulk of the cardholders, the Citi Prestige card remains pretty competitive for its hotel travel perk.

If you book four consecutive nights at the same hotel through the Citi Prestige Concierge, you will receive the last night complimentary with no black-out dates. This is a pretty good perk and the only card offering such a perk on the market, which makes it still very attractive if you do a lot of travelling.

The full cost of the accommodation will first be charged to your card, with the cost of the complimentary night to be credited to you 6-8 weeks after the stay.

Apart from this, there’s also the Priority Pass unlimited lounge access, which is a much better offering that most other credit cards that offer a few complimentary entries a year.