Citibank PremierMiles Card Reviews: Earning Miles on Purchases

Citibank PremierMiles Card Reviews: Earning Miles on Purchases

ByAcademyFlex Finance Consultants

Did you know the Citibank PremierMiles Card gives 10 Miles for every Rs. 100 spent on flights? This rate makes it a top choice for earning airline miles. Let’s see how it can turn your daily buys into amazing trips.

The Citibank PremierMiles Card does more than just earn miles. It offers travel perks that can make your trips better. Enjoy airport lounge access and travel insurance, perfect for both frequent and occasional travelers.

New customers get up to 30,000 miles as a welcome bonus. You earn 1.2 miles per dollar locally and 2.2 miles on foreign currency. This makes it stand out in the Singapore credit card market.

Key Takeaways

  • Earn 10 Miles per Rs. 100 on flight bookings and portal purchases
  • Enjoy up to 32 domestic lounge visits annually
  • Welcome bonus of 30,000 miles for new customers
  • 1.2 miles per dollar on local spend, 2.2 on foreign transactions
  • Transfer points to 11 airline and hotel loyalty programs
  • Non-expiring Citi Miles for flexible redemption
  • Complimentary travel insurance worth Rs. 1,00,00,000

Introduction to the Citibank PremierMiles Card

The Citibank PremierMiles Card is a top choice for those who travel often. It offers great miles earning and bonus miles. It’s perfect for anyone who wants to earn miles on their daily purchases.

Key Features

The Citibank PremierMiles Card has impressive earn rates:

  • 1.2 Citi Miles per S$1 spent locally
  • 2 Citi Miles per S$1 spent in foreign currency
  • Up to 10 Citi Miles per S$1 on online travel bookings via Kaligo and Agoda

Cardholders get a 10,000 Citi Miles renewal bonus on their card anniversary with annual fee payment.

Historical Positioning

At first, the Citibank PremierMiles Card was for the wealthy, needing S$80,000 income. But now, it’s more open. Singaporeans need just S$30,000 income, and non-Singaporeans need S$42,000.

Market Relevance

The Citibank PremierMiles Card is still a strong contender in the travel rewards market. Its S$194.40 annual fee is worth it for perks like two free Priority Pass lounge visits a year. Plus, there are big sign-up bonuses like an Apple iPad or S$300 cash via PayNow.

Feature Citibank PremierMiles Card
Local Earn Rate 1.2 miles per S$1
Foreign Earn Rate 2 miles per S$1
Annual Fee S$194.40
Income Requirement (Singaporeans) S$30,000

Earning Miles with the Citibank PremierMiles Card

The Citibank PremierMiles Card is great for those who love earning credit card rewards. It has been a favorite since July 2007. It keeps getting better to meet new needs.

Base Earn Rates

With this card, you earn 1.2 miles for every dollar spent locally. You get 2 miles for every dollar spent on foreign currency. But, there’s a 3.25% fee for foreign currency spending.

Bonus Miles Opportunities

The card really stands out with its bonus miles offers. You can earn up to 10 miles per dollar on Kaligo bookings. And up to 7 miles per dollar on Agoda reservations during special times. These deals are perfect for those who travel a lot and want to get the most out of their miles.

Comparison with Other Travel Cards

Now, let’s see how the Citibank PremierMiles Card compares to other travel cards in Singapore:

Card Local Earn Rate Foreign Currency Earn Rate Annual Fee
Citibank PremierMiles 1.2 mpd 2 mpd S$194.40
UOB PRVI Miles 1.4 mpd 2.4 mpd S$256.80
DBS Altitude 1.3 mpd 2.2 mpd S$192.60

The Citibank PremierMiles Card might have lower base rates. But, it makes up for it with special perks. You get two free lounge visits a year. Plus, it partners with 11 airlines and hotels for easy miles transfers. This makes it a great choice for smart travelers.

Citibank PremierMiles Card Reviews: Earning Miles on Purchases

The Citibank PremierMiles Card is great for travel lovers. It rewards you with miles for every dollar you spend. This makes it easy to earn travel miles with your daily purchases.

Analysis of Miles Earning Potential

For every $1 spent locally, you get 1.2 miles. Overseas, it’s 2 miles per $1. This rate helps you earn miles fast. Plus, the card rounds down transactions, helping with small purchases.

Spending Type Miles Earned
Local (SGD) 1.2 miles per $1
Overseas (Foreign Currency) 2 miles per $1
Kaligo.com Hotel Bookings Up to 10 miles per $1
Agoda Pre-paid Hotel Stays Up to 7 miles per $1

Strategies to Maximize Miles Accumulation

To earn more miles, take advantage of bonus offers. Use the card for all eligible purchases. The $196.20 annual fee is worth it for the 10,000 miles bonus.

Booking travel through partners like Kaligo.com and Agoda can also increase your miles. This makes your travel miles grow faster.

User Experiences on Earning Miles

Users love the Citibank PremierMiles Card for its flexibility. The miles never expire, so you can keep earning without worry. The card’s earning rates are competitive, especially with special offers.

With a $30,000 minimum income, this card is perfect for those who travel often. It offers great travel perks and a chance to earn lots of miles.

Additional Benefits and Perks of the Citibank PremierMiles Card

The Citibank PremierMiles Card has more than just miles-earning. It comes with travel insurance for round-trip tickets or taxes on award tickets. This gives travelers peace of mind.

It also offers airport lounge access. Cardholders get two free Priority Pass lounge visits a year. This makes traveling more comfortable and adds value to the card.

For fuel savings, the card is a winner. Cardholders can save up to 14% at Shell stations. This can save a lot of money on daily drives and trips.

Benefit Details
Travel Insurance Complimentary coverage for round-trip tickets
Airport Lounge Access 2 free Priority Pass visits per year
Fuel Savings Up to 14% at Shell stations
Booking.com Cashback Up to 10% for Visa cardholders
Citi World Privileges Restaurant, shopping, and lifestyle benefits

The card also offers lifestyle perks. Cardholders can enjoy Citi World Privileges, with special deals on dining, shopping, and more. Plus, there’s up to 10% cashback on Booking.com for Visa cardholders. This adds extra value to travel costs.

Conclusion

The Citibank PremierMiles Card is a top pick for those starting with credit card rewards and travel miles. It offers great earn rates and flexible ways to use your points. This makes it perfect for both new and experienced travelers.

Its miles never expire, so your rewards stay valuable, even if you can’t travel right away.

Cardholders can earn 3x points on dining, groceries, gas, flights, and hotels. This means you can rack up points quickly in many areas. Plus, there’s a $100 annual savings on hotels, which is a big plus for those who travel a lot.

New to travel rewards? The Citibank PremierMiles Card has a great welcome offer of 60,000 ThankYou Points after spending a certain amount. This, along with its ongoing earning and point transfers to 18 partners, makes it a strong choice. Even with a $95 annual fee, its benefits and earning potential are worth it for those looking to use their purchases for travel.

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Author

  • The AcademyFlex Finance Consultants team brings decades of experience from the trenches of Fortune 500 finance. Having honed their skills at institutions like Citibank, Bank of America, and BNY Mellon, they've transitioned their expertise into a powerful consulting, training, and coaching practice. Now, through AcademyFlex, they share their insights and practical knowledge to empower financial professionals to achieve peak performance.

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