Citi PremierMiles extends bonus miles sign-up offer, adds S$350 cashback option

Citibank extends the 37,300 miles offer on the Citi PremierMiles Card, and adds the option to get S$350 cashback instead.

Citibank has once again extended the sign up bonus on the Citi PremierMiles card. New-to-bank cardholders who apply by 30 September 2020 can get up to 37,300 miles when they spend S$9,000 in the first 3 months and pay the S$192.60 annual fee. 

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What’s new is that Citibank has added a S$350 cashback offer as well. This is capped, however, so you’ll need to apply quickly if you want to get in on it. 

Applicants will be able to select their preferred offer at the point of application. 

Offer 1: Get up to S$350 cashback with S$500 spending

This offer is available for applications submitted by 14 July 2020, for new-to-bank customers only. 

For the purposes of this offer, Citi defines a new-to-bank customer as someone who does not currently hold a principal Citibank credit card, and has not done so in the past 12 months prior to application

Cardholders who spend at least S$500 within the first month of approval and apply via SingPass MyInfo will receive up to S$350 cashback, broken down as follows.

 AwardCap
Spend ≥S$500 in first month of approvalS$3001,500
Apply via MyInfoS$50500

Spending at least S$500 in the first month of approval earns you S$300 cashback. 

📅 Do note that Citi has a rather generous interpretation of “first month”- it includes the period starting from approval date to the end of the calendar month after approval. For example, if you’re approved on 2 July, you’ll have until 31 August to meet the spend threshold.

This offer is limited to the first 1,500 eligible cardholders. Citi determines eligibility based on when approval was given. Therefore, assuming you get approved within the next couple of days, there’s no need to rush the spending. 

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However, do note that Citi is running this same promotion on its other credit cards too, and the cap is shared among the Citi Cash Back Mastercard, Citi Cash Back+ Mastercard, Citi Rewards Mastercard, and the Citi PremierMiles Card. 

On top of the S$300, Citibank will give a further S$50 cashback to the first 500 (out of the aforementioned 1,500) customers who apply via SingPass MyInfo. 

Cashback gifts will be credited within 2 months from the date all the conditions are met. The full T&C of this offer can be read here.

The first year’s fee of S$192.60 will be waived if you opt for this offer. 

Offer 2: Get up to 37,300 miles with S$9,000 spending

This offer is available for applications submitted by 30 September 2020, with versions for both new-to-bank and existing customers. 

For the purposes of this offer, Citi defines a new-to-bank customer as someone who does not currently hold a principal Citibank credit card, and has not done so in the past 12 months prior to 1 October 2019

New-to-bank: Spend S$9K, Get 37,300 miles total

New-to-bank customers who pay the S$192.60 annual fee and spend S$9,000 within 3 months of approval will receive a total of 37,300 miles.

📅  Just like Offer 1, Citi applies a generous definition of “3 months. The qualifying period starts from the date of your card’s approval to three months after the end of the month you were approved. So if you were approved on 2 July 2020, for example, you’d have until 31 October 2020 to hit the qualifying spend. 

This is broken down into:

  • 10,800 base miles from spending S$9,000 @ 1.2 mpd
  • 10,000 miles for paying the S$192.60 annual fee
  • 16,500 bonus miles for meeting the spending requirement
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The T&C for this sign up offer can be found here.  

New-to-bank: Spend S$3K, Get 10,000 miles total plus fee waiver

New-to-bank customers who prefer not to pay the annual fee get a smaller sign up bonus.

By spending S$3,000 within 3 months of approval, they’ll earn a total of 10,000 miles. This is broken down into:

  • 3,600 base miles from spending S$3,000 @ 1.2 mpd
  • 6.400 bonus miles for meeting the spending requirement

The T&C for this sign up offer can be found here.

Existing Customer: Spend S$9K, Get 24,300 miles total + S$100 Kaligo e-voucher

Existing customers who pay the annual fee and spend S$9,000 within 3 months of approval get a S$100 Kaligo.com e-voucher and 24,300 miles. This is broken down into:

  • 10,800 base miles from spending S$9,000 @ 1.2 mpd
  • 10,000 miles for paying the S$192.60 annual fee
  • 3,500 miles for meeting the spending requirement

The Kaligo.com e-voucher comes with a few strings attached so do take note. You’ll need to go to www.kaligo.com/100gift to spend the voucher, and your stay must be at least two nights. The voucher is valid till 31 December 2020. 

The T&C for this sign up bonus can be found here.

Existing customer: Fee waiver

Existing customers can also opt for a waiver of the first year’s annual fee. If you do, that’s all you get- no bonus miles, no nothing. 

What counts as qualifying spend for the sign-up bonus?

Qualifying spend refers to retail transactions charged to the card, and excludes the following: 

  • annual fees, interest charges, late payment charges, GST, cash advances, instalment/easy/extended/equal payment plans, preferred payment plans, balance transfers, cash advances, quasi-cash transactions, all fees charged by Citibank or third party, miscellaneous charges imposed by Citibank (unless otherwise stated in writing by Citibank);
  • funds transfers using the card as source of funds;
  • bill payments (including via Citibank Online or via any other channel or agent)
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Other payments like insurance, education or government services will count towards the S$9,000 threshold, but will not earn any base points. 

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Citibank has confirmed that spending on Citi PayAll will count towards the S$9,000 spending requirement, which is good news for those with rent, education expenses, taxes or condo fees to pay. 

 Cost per mile @ 1.2 mpd
1.67*
*Citi PremierMiles customers can currently earn 1.5 mpd on income tax payments, bringing the cost per mile down to 1.33 cents

Citi Miles are one of the most valuable transfer currencies in Singapore

Citi PremierMiles cardholders get access to 11 different frequent flyer programs and one hotel partner, the widest selection of any bank in Singapore.

 Transfer Ratio
1:1
1:1
1:1
1:1
1:1
1:1
1:1
1:1
1:1
1:1
1:1
1:1

A S$26.75 conversion fee applies for every transfer, and do note that Thank You points earned on the Citi Prestige/Citi Rewards cards do not pool with Citi Miles, so you’ll have to redeem them separately.

The flexibility of Citi Miles means they’re a great way to enjoy sweet spots in programs like Etihad Guest, British Airways Avios and Turkish Miles&Smiles.

For example, you could redeem a Singapore to Europe round-trip Business Class flight for just 90,000 miles with Miles&Smiles. That’s half the price that Singapore Airlines charges (albeit with fuel surcharges), which means you could fly two people with Miles&Smiles for the cost of flying one with KrisFlyer. 

Recap: Citi PremierMiles Card Basics

citi premiermiles card reviewApply Here
Income Req.S$30,000 p.a Points ValidityNo Expiry
Annual FeeS$192.60
(First Year Free)
Min.
Transfer
10,000 Citi Miles
(10,000 miles)
Miles with
Annual Fee
10,000Transfer
Partners
  • Singapore Airlines
  • British Airways
  • Cathay Pacific
  • Etihad
  • EVA Air
  • FlyingBlue
  • Malaysia Airlines
  • Qantas
  • Qatar Airways
  • Turkish Airlines
  • IHG
FCY Fee3.25%Transfer FeeS$26.75
Local Earn1.2 mpdPoints Pool?No
FCY Earn2.0 mpdLounge Access?Yes- 2 x Priority Pass
Special Earn7 mpd on Agoda, 10 mpd on KaligoAirport Limo?No
Cardholder Terms and Conditions

The Citi PremierMiles Card earns 1.2 mpd on local spend and 2.0 mpd on overseas spend. Citibank awards points on every dollar of spending, and the minimum spend to earn points is S$1.

The Citi PremierMiles Card comes with a Priority Pass membership that provides two complimentary visits per calendar year. Note that this is slightly different from most other credit cards on the market, which award their free visits per membership year.

Read a full review of the Citi PremierMiles Card here

Conclusion

The Citi PremierMiles Card is a solid general spending card to have in your wallet- in fact, it’s one of the options in my Miles Game Starter Pack for anyone just getting into the miles and points game. 

I’ve updated the post on current credit card sign up bonuses in Singapore to reflect this latest offer. 

Aaron Wong
Aaron founded The Milelion with the intention of helping people travel better for less and impressing chiobu. He was 50% successful.

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Dylan

Hi Aaron,

May I know if i want to take up the “New-to-bank: Spend S$3K, Get 10,000 miles total plus fee waiver” offer. Can I sign up via singsaver? I do not see the option after I click apply on singsaver.

Unknown

What concludes as bill payments? Any sort of hospital fees and such?

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