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Confirmed: Citi Prestige Open for Applications in Jan 2019 + New Benefits

This morning we reported on a rumor that Citi was bringing in a set of new benefits to the Prestige card, however the details were somewhat vague. But, now we have confirmation that most of these are true. The card will be opened up to new applicants again sometime in January 2019 and will feature the following benefits.

“Petal” Credit Builder Card Now Open to Public Applications

We reported earlier this year on a new credit card that doesn’t rely on your credit score to assess your application for the card, but instead looks at personal financial data such as your income and your spending. This card is Petal Card. Previously invitation only, Petal Card is now open to the public and you can apply for it with literally no credit score and credit history whatsoever.

You Can Now Freeze Your Credit Report for Free

You can now freeze your credit reports from the three major credit bureaus free of charge. This is thanks to amendments to the Fair Credit Reporting Act that were passed as part of the Economic Growth, Regulatory Relief, and Consumer Protection Act in the House of Representatives on May 22nd. The new regulations just came into effect last Friday.

Rumor False: The Citi Prestige wont be Discontinued

There has been a rumor going around that the Citi Prestige would be discontinued this fall, the source of the information was an article on the Doctor of Credit website stating that the Citi Prestige credit card will be discontinued this fall. Citi has now confirmed to DoC that this is not true and released a statement saying: