Aside from rewards and building your FICO score, the best thing about credit cards is the fringe benefits they come with. For example, folks with cards from Citibank have access to a free perk called Citi Private Pass, which provides entrée to entertainment events.
Wondering what Citi Private Pass is all about, and which card you should opt for if you want to take advantage of it? The Nerds have you covered – take a look the details below.
Citi Private Pass: The basics
The purpose of Citi Private Pass is to provide cardholders with access to unique entertainment experiences. People with Citi-branded credit cards are able to hop onto the Private Pass website and buy tickets to concerts, sporting events, dining experiences, comedy shows and more.
Although complimentary events are offered from time to time, you’re typically not getting a discount by using Citi Private Pass. What makes this card benefit special is that customers have the chance to get tickets or VIP packages before the general public snaps them up. There are also often opportunities to snag preferred seating.
Although most Private Pass offerings are music-related, Citi provides customers with access to thousands of events each year. As a result, you’ll likely find something exciting for you and your family to attend at least a couple of times per year.
It’s also worth noting that Private Pass frequently offers events for kids, like youth sports with celebrity athletes. This is the type of VIP experience that could really go far in making your child’s birthday or summer vacation truly memorable, so it’s something to consider.
Is Private Pass a good reason to get a Citi credit card?
Like Citi Price Rewind, Citi Private Pass definitely has value for consumers. This perk is great for people who:
- Enjoy attending entertainment events outside the home with friends and family,
- Like the idea of being able to score certain tickets ahead of time, and/or
- Like the idea of being able to enhance your entertainment experience from time to time with a VIP experience.
However, keep in mind that these entertainment experiences aren’t coming free in most cases. This isn’t the type of benefit many people will be able to enjoy with great regularity without breaking the bank. And also, events are generally held in large cities throughout the country. If you don’t live near one, you might not get much use out of Private Pass.
The upshot to all of this is that, for most people, Private Pass probably shouldn’t be the deciding factor when choosing a credit card. But Citi does offer some really good cards, so if you’re interested in one of them, it’s a good benefit to be aware of.
A couple of our favorite cards from Citi
Speaking of good credit cards from Citi, take a look at our top picks below. You’ll get access to Private Pass with both, but even if you never take advantage of it, you’ll still be getting a great card:
If you prefer to earn cash back: Citi® Double Cash Card – 18 month BT offer
The Citi® Double Cash Card – 18 month BT offer is one of the best cash back credit cards on the market today. With it, you’ll earn 1% back when you make your purchases, then an additional 1% back when you pay them off. There’s no limit to the rewards you can earn.
Believe it or not, all of these great perks come at an annual fee of $0. There’s no doubt about it: This card is a real cash (back) cow!
If you prefer to earn ThankYou points: Citi ThankYou® Preferred Card
Earning cash back is well and good, but if you’d prefer to get ThankYou points with every dollar you spend, the Citi ThankYou® Preferred Card is a great choice. With it, you’ll earn 2 ThankYou points per dollar spent on entertainment and dining out and 1 ThankYou point per dollar spent on all other purchases.
There are lots of ways to redeem ThankYou points, but the Nerds recommend cashing them in for gift cards or cash equivalents. This way, you’re getting the best value out of each one.
The Citi ThankYou® Preferred Card’s annual fee is $0, so you won’t have to spend any money to keep racking up points.
Image via iStock.