Credit Cards

Citibank Premiermiles Visa offering 3.5 mpd for foreign currency spend

For spend until 31 January 2018, minimum $2,500 maximum $8,000.

Citibank is running a great promotion on its Premiermiles Visa card from now till 31 Jan 2017 that lets you earn 3.5 mpd on foreign currency spending.

This consists of the 2.0 mpd base you normally earn on foreign currency spending plus an additional 1.5 mpd bonus (full T&C here).Registration is required. Simply SMS MOREMILES XXXX to 72484 where XXXX is the last 4 digits of your Citi Premiermiles Visa card.

In order to take advantage of this promotion you need to charge at least S$2,500 in foreign currency spend to your card. Bonus miles are capped on S$8,000 of foreign currency spend.

Obviously this isn’t as good as the 4 mpd offered by the UOB Visa Signature card but keep in mind the UOB Visa Signature has been demarketed. Furthermore, you need to remember that UOB’s definition of a foreign currency transaction is that the payment processor has to be outside of Singapore as well. For other banks including Citibank, a foreign currency transaction is simply one that is denominated in foreign currency.

Although I dislike Citibank’s policy of not pooling points across its cards (meaning you have to pay multiple conversion fees), they do have one of the widest variety of transfer partners in all of Singapore (SQ, Cathay, Qantas, Qatar, AirFrance/KLM, Etihad, Thai, BA, MAS, Garuda, EVA).


If you don’t yet own a Citibank Premiermiles card, do note that you can take advantage of a 42,000 mile sign up bonus provided you’re new to the bank.

Min Income
Annual Fee

$50,000

$192.60 (First Year Free Option)

Citibank Premiermiles Visa

A great sign up offer and the widest range of airline partners of any bank in Singapore
  • New Citibank cardholders can earn 42,000 miles when they spend $10,000 in the first 3 months after approval and pay the annual fee of $192.60
  • Earn 1.2 mpd on local spending, 2 mpd on overseas spending (boosted to 3.5 mpd until 31 Jan 2018), 3 mpd on Expedia, 6 mpd on Agoda and 10 mpd on Kaligo
  • Most banks offer just Krisflyer and Asiamiles- Citibank offers those plus the chance to earn miles with Qantas, Qatar Airways, Etihad, Thai, EVA, Garuda, Malaysia Airlines, British Airways, Air France, and KLM
  • Citibank doesn't forget about existing cardmembers either- in June 2017 they ran a promotion allowing members to buy miles at 0.76 cents each, an unheard of price
  • Note that Citibank points do not pool. If you earn points across different Citibank cards you'll need to pay separate conversion fees when you convert them to miles

more details


Ads
Apply Here

Related Posts

Leave a Reply

18 Comments on "Citibank Premiermiles Visa offering 3.5 mpd for foreign currency spend"

Notify of

What does “the UOB Visa Signature has been demarketed” mean? can still see it on their website…

I wonder if you could double-dip this with Citi’s long weekend bonus miles promotion as well…

what’s the long weekend bonus miles abt? Any link?

I am also curious about this but would guess not as terms for the new 3.5 promotion state ’13. This Promotion is not valid with other promotions unless otherwise expressly stated.’ As I couldn’t find any reference to the weekend promotion I would guess they are not stackable. But I would be delighted if I was wrong.

does buying hilton/starwood points count as foreign ccy for this promotion?

And just today I got an email from OCBC Titanium:
15X OCBC$ for every S$1 spent on overseas shopping
5X OCBC$ for every S$1 spent on local and overseas dining, capped at S$500
That’s 6 miles per $1 spent overseas.
https://www.ocbc.com/assets/pdf/cards/terms-conditions-titanium-rewards-dec17.pdf

Do take note that the bonus miles are for overseas shopping – mainly clothes and shoes. I’d probably continue using mobile payments (e.g. Apple Pay) throughout for guaranteed 4mpd and hope for bonus to be awarded to qualifying transactions.

I’m really digging the Titanium Rewards, hope to get a piece up on it later this week

Do you have the earn rate and other benefits of the UOB Preferred Platinum Visa card? Since it’s been demarketed, there isn’t any such info on UOB’s website naturally.

Anyone knows if SCB visa infinite will continue the 3 miles per $ on forex spend above $2,000 in 2018?

wpDiscuz