Credit Cards

Citi Prestige 29,000 miles sign up bonus now available

Citibank Prestige is offering a special 29,000 mile bonus for new sign ups who can spend $20,000 within 3 months in addition to the regular welcome gift of 25,000 miles

I recently did a review of the so-called “$120K credit cards” in Singapore, which are targeted at the entry level prestige segment of the market. The conclusion I reached was that if I had to pick one, I’d probably go with the Citi Prestige, due to its unlimited lounge access, generous limo policy and fourth night free benefit.

The $120K credit card showdown

If you’ve been thinking about getting a Prestige card but haven’t pulled the trigger yet, you might be interested to know that from now till 30 November 2017, Citibank is offering a sign up bonus on its Prestige card which allows you to earn the equivalent of 80,000 miles when you spend $20,000 in the first 3 months and pay the $535 annual fee.

I find it interesting that Citibank’s SG site still refers to “Citi Dollars” when these have been phased out and replaced with Thank You points already

The breakdown of the 80,000 miles (creditied in the form of 200,000 Citi dollars…if only this TK deal were still around) is

  • 25,000 miles welcome gift (with the $535 annual fee)
  • 26,000 base miles ($20K spending @ 1.3 mpd for local*)
  • 29,000 miles bonus for hitting $20K threshold

*Note that the workings in Citibank’s example assume that your $20,000 is spent locally. On the other extreme if you spent all of that overseas, you’d end up with 94,000 miles instead of 80,000 miles. In reality, you can expect to hit something in between those two figures.

$20,000 in 3 months is certainly a lot of money, and unless you’ve got a big ticket life event coming up it’s certainly going to be very hard to hit that sum. The good news is that it’s confirmed that spending with Cardup will count towards the minimum spend, so if you have big rental bills or tax payments then this could potentially help you hit the threshold.

I tried going through the HWZ thread to see if I could find any past sign up offers to see how this one compares, but couldn’t find anything of note in the past 12 months. Still, if you’re thinking about getting the card, you should have a read of that thread because people post about some of the unpublished benefits that Citibank sends out from time to time (eg special dinner packages, priority access to shows etc) to Prestige cardholders.

The T&C can be found here. I didn’t find anything to be worried about, but note that you can’t take part in this promotion if you cancelled your Citi Prestige card within the last 6 months and reapply.

Sign up for the 29,000 mile Citi Prestige bonus offer here (I earn a referral bonus)

One last point about Citibank cards. Remember that Thank You points do not pool across cards. That is, you will not be able to combine the points you earn from your Citibank Rewards card with your Prestige card, nor your Premiermiles card with your Prestige card. This means paying multiple conversion fees when you want to cash out. Needless to say I find this extremely infuriating and customer unfriendly, but those are the rules. Citibank somewhat makes up for it by having a much wider range of transfer partners than other banks, but still…

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45 Comments on "Citi Prestige 29,000 miles sign up bonus now available"

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Any non-privileged banking customer manage to get prestige card under 120k p.a income?

I was about to ask that. I wonder how flexible they are on allowing individuals below 120k p.a. to get the card. would be good if we can see some success cases here.

Don’t want to be a k-po but I don’t think its a good habit to be spending 20k in 3 months if you earn under 120k p.a.

#juzsayin’

I managed to get it with $110K. Stable job, and have been a Citi customer for some time, so that may have helped. Interestingly, my first application was declined, but the Citi CSO called me up after my Voyage card was approved, so not sure if they kept an eye on the credit report.

I have the prestige card and always call the prestige number and agents are happy to pool points from my rewards cards to the prestige. Last time 2 weeks ago. Could be that they are willing to do the service only for premium card holders?

When you say “pool points from my rewards cards to the presitge” are you talking about transferring points from the rewards master n visa to the prestige, or making a single redeption from the points in all 3 cards at one go?

Lucky you. I tried and was flatly declined

We arevtalking points transfer (no redemption).

Another point to note is that the 4th night free is not as good as it seems. Hotel taxes are excluded. The concierge also books thru Expedia (the quote form clearly states its Expedia bookings), and the rates quoted are pay-now Expedia rates. There is a 15% coupon code for Expedia on Citi website now, so one might be better off booking thru Expedia direct rather than thru the concierge.

Depends on the per night rate. My experience was the concierge books thru the hotel website. So for instance, a SPG cat 7, you could potentially save a min of SGD 500 and get the points! Having said that, I’ve only used it once cos my travel plans don’t require a 4 night stay.

I struggled and had to pull all stops including paying my income tax via cardup to hit the citi premiermiles 9k in 2 months promo. Seriously can’t think of how to hit 20k in 3 months, short of buying a new car and pay the down payment via cc

You could purchase a revenue Suites return ticket to JFK…

See if any relatives have big medical accessories bills? In my family we managed to hit 10k with combo of hearing aid for grandpa and cpap breathing machine. Both medically necessary.

Is the 29k miles for sign on valid? I clicked on it and it showed a generic 25k application webform..

Sigh, what do they do for existing card holders then?

You never know. They might do the same thing they did for existing cardholders of Premiermiles. First they did the promo for new applicants and ran that for a few months. They they introduced the loyalty card promo. Let’s wait and see if they they do the same to existing Prestige cards.

#prayforprestige

on a sidenote, seems like they are giving out prestige with 1st year free now.

Sigh, this is the start of the end of the dynasty.

Source: hardwarezone.

20k seems to include fevo?

I doubt it. It may be caught under “quasi cash” transactions.

Recently received an invitation letter from Citi to apply for the Prestige card, although my income is short of 120k. Wanted to ask if anyone here also received such a letter – curious if it’s targeted or just a mass mail to Citi cardholders. It’s not specifically addressed to me (‘Dear Citi Credit Cardmember’), nor is there a special channel to apply (visit the usual citiprestige link).

I just got the letter too. There seems to be a special channel to apply via SMS for mine though. I did spend quite a bit on my Premiermiles in the past year as well. My income is way short of the 120k though…

Just to report back: I tried the SMS route, was given a call by CSO who said it’s strictly for 120k income, and the letter was likely due to high spending on Citibank cards. Oh well.

I received the letter and sms yesterday.
Today the CSO called and immediately get approval via phone enrolment. I don’t even needs to submit application form.

Is your income 120k or more? If not then I’m gonna try again..

I told the CSO my income around 100k.
However, I spend about 100k a years due to company expenses.

You can try tell the CSO that you received invitations letter.

Wow ok, thanks for sharing. I’m definitely gonna try again. My expenditure is roughly the same amount. Sadly the invitation letter line didn’t work, but my game plan will be to hang up and call again.

Will paying insurance premiums through e-AXS count towards the minimum spend?

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