Earlier today, I wrote about how Citibank had launched an excellent new offer for the Citi PremerMiles Card, which offers 4 mpd on food delivery and home entertainment all the way till 31 August 2021, with no cap.
It looks like the same offer has been extended to Citi Prestige Card members as well, with very similar terms. From 1 March 2021 till 31 August 2021, Citi Prestige cardholders will also earn 4 mpd on food delivery and home entertainment, with no cap.
The terms are similar to those for the Citi PremierMiles Card, and I’ll briefly recap them below.
Earn 4 mpd on food delivery & home entertainment
Citi Prestige Card members will earn 4 mpd on food delivery and home entertainment up till 31 August 2021, defined as the following merchants:
|🥡 Food Delivery
|MCC 5812, MCC 5814
|MCC 5812, MCC 5814
|MCC 5812, MCC 5814
|MCC 5499, MCC 5812
|MCC 5499, MCC 5812, MCC 5814
|📺 Home Entertainment
The 4 mpd earn rate is broken into:
- The base earn rate of 3.25 ThankYou points per S$1 (equivalent to 1.3 mpd)
- A bonus earn rate of 6.75 ThankYou points per S$1 (equivalent to 2.7 mpd)
The bonus points will be calculated on the amount of each Eligible Transaction and will be reflected in your statement of account as rounded down to the nearest point. There is no cap on the maximum bonus points that can be earned.
When will bonus points post?
The bonus component will post within 10 weeks from the date of the eligible transaction.
Other things to note
Supplementary Citi Prestige cardholders will also be eligible to participate in this offer, as will newly-minted cardholders who were approved during the promotional period.
The full T&C of this promotion can be found here.
Why this bonus is so useful
While you could earn 4 mpd on food delivery and home entertainment through other cards like the DBS Woman’s World Card or the Citi Rewards, the uncapped nature of this offer means you could divert all such spend to the Citi Prestige, and preserve your 4 mpd caps for other uses.
Assuming you hold both a Citi PremierMiles and Citi Prestige card, you’ll want to put your spending on the latter, given that it can “double count” towards the minimum spend required for airport limo rides (Citibank is extending the validity of all limo rides earned in 2021 till 31 December 2021). Moreover, you’ll also get to enjoy up to 30% additional points thanks to the Citi Prestige’s relationship bonus.
Unfortunately, even though the Citi Rewards Card also earns ThankYou points, they won’t pool with the points earned on the Citi Prestige. Therefore, pooling should not affect your choice of one over the other.
Citi ThankYou points are one of the most valuable points currencies in Singapore
Citi Prestige cardholders get access to 11 different frequent flyer programs and one hotel partner, the widest selection of any bank in Singapore.
A S$26.75 conversion fee applies for every transfer.
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.
It’s good to see that Citibank has not left out their Citi Prestige cardholders, and extended this very good deal to them as well. There’s very little to dislike here- no caps on registration, no caps on the maximum miles you can earn, and no need to utilize the precious 4 mpd caps on your other cards.
A reminder that if you don’t already have a Citi Prestige Card, you can get S$350 cash upon approval as a new-to-bank customer, which will really put a dent in the first year’s S$535 annual fee. This is available for applications submitted by 7 March 2021.