citi premier miles card
HomeTravel Tips & GuidesTravel Credit CardsCiti Premier Miles Card Review (2024)

Citi Premier Miles Card Review (2024)

The Citi Premier Miles Card is tailored for individuals who prefer a flexible approach to accumulating travel miles. Designed with the occasional traveler in mind, this card boasts a range of benefits and features aimed at enhancing the travel experience while providing opportunities for miles accumulation at one’s own pace.

Updated: 29 Feb 2024

citi premier miles card

Pros:

  • No Expiry on Citi Miles: One of the standout features of this card is the longevity of Citi Miles, which do not expire. This allows cardholders the freedom to accumulate miles over time without the pressure of expiration deadlines.
  • Diverse Earning Opportunities: Through the Citi PayAll facility, users can earn Citi Miles by settling various bills such as taxes, utilities, and insurance premiums. This expands the avenues for earning miles beyond traditional spending categories.
  • Airport Lounge Access: Cardholders are entitled to two complimentary lounge visits per year at international airports, adding value to the travel experience.
  • Wide Frequent Flyer Network: The card is linked with multiple frequent flyer programs, providing users with flexibility in choosing redemption options that best suit their travel preferences.

Cons:

  • Average Earning Rates: While the card offers competitive earning rates, particularly for foreign currency spending, its local and foreign MPD earn rates may be considered average compared to some other cards in the market.
  • Conversion Fees: There is a nominal administrative fee for converting Citi Miles to frequent flyer miles, which may impact the overall value proposition for some users.
  • Exclusive Rewards: Rewards earned through the PremierMiles card are not shared with other Citibank cards, limiting the ability to pool rewards across multiple accounts.

Current Promotion

New cardholders can take advantage of a limited-time promotion offering attractive rewards such as a Dyson Supersonic or cashback upon meeting specified spending thresholds within the initial month of card approval.

Eligibility Requirements

To be eligible for the Citi PremierMiles Card, applicants must be Singaporean or PR, aged 21 and above, with a minimum annual income of S$30,000 for Singapore Citizens and PRs, or S$42,000 for foreigners. Application procedures vary depending on residency status.

Fees and Charges

Annual fees amount to S$194.40, with the option of a first-year fee waiver or bonus Citi Miles upon payment. Additional charges such as late payment fees, conversion fees, and foreign currency transaction fees apply, necessitating careful consideration.

Miles Earning Rate, Discounts, and Other Perks

The card offers competitive earning rates, with 2 Citi Miles per S$1 equivalent for foreign currency spending and 1.2 Citi Miles per S$1 for local spending. Additional perks include bonus miles upon card renewal and promotional offers for accelerated miles earning on select platforms.

Comparison with Other Cards

While the Citi PremierMiles Card holds its own in terms of benefits and features, it faces competition from other cards in the market, particularly in terms of earning rates and partner programs. However, its flexibility and supplementary perks contribute to its overall appeal.

Maximizing Rewards

To maximize rewards, cardholders are advised to strategically utilize the card for high-value purchases, bill payments, and travel-related expenses. Leveraging promotional offers and partner programs can further enhance rewards accumulation.

Target Audience

The Citi PremierMiles Card is best suited for infrequent travelers seeking flexibility in miles accumulation and redemption. It also caters to individuals who prioritize earning rewards on bill payments and prefer a diverse range of frequent flyer program options.

In conclusion, while the Citi PremierMiles Card may not be the top contender in every aspect, its blend of flexibility, longevity of rewards, and supplementary benefits make it a compelling choice for individuals seeking a pragmatic approach to travel rewards and personal finance management.

Remember also to check out 2024 Best Miles Cards in Singapore

Frequently Asked Questions

1. Can I use Citi Miles to redeem rewards other than flights?

Yes, besides flight redemptions, Citi Miles can be used for a variety of rewards such as hotel stays, car rentals, merchandise, and gift vouchers.

2. Are there any blackout dates or restrictions when redeeming miles for flights?

Citi Miles can generally be redeemed for flights without blackout dates or restrictions, providing flexibility in travel planning. However, availability may vary depending on the airline and route.

3. How long does it take for Citi Miles to be credited to my account after making a transaction?

Citi Miles earned from card transactions are typically credited to your account within a few days after the transaction is posted.

4. Is there a limit to the number of Citi Miles I can accumulate?

There is no limit to the number of Citi Miles you can accumulate. As long as your account remains active and in good standing, your miles will continue to accumulate with no expiry date.

5. Can I transfer my Citi Miles to another person or account?

Citi Miles are non-transferable and can only be redeemed by the primary cardholder. However, authorized users on the account may also earn miles with their transactions.

You might also like