NEW YORK—A competitor that previously bowed out of the competitive credit card rewards game has come back with a strong offer for consumers.
Starting in January 2019, Citi’s Prestige card will provide five rewards points for every dollar spent on dining or air travel, up from three points for those purchases, USA Today reported.
Hotel spending still receives three points for every $1 spent.
The move comes weeks after American Express introduced its revamped Gold card that offers four points for every dollar spent at restaurants and supermarkets, USA Today noted.
Chase also recently debuted a premium checking account with perks and rewards aimed at its Sapphire Reserve cardholders, USA Today said.