Citibank has just launched an excellent new offer for the Citi PremierMiles Card, which runs from 1 March 2021 all the way till 31 August 2021.
During this period, cardholders will earn 4 mpd on food delivery and home entertainment, without cap. No registration or minimum spend is required; all you need to do is charge eligible transactions (defined below) to your card.
Earn 4 mpd on food delivery & home entertainment
Citi PremierMiles Card members will earn 4 mpd on food delivery and home entertainment up till 31 August 2021, defined as the following merchants:
|🥡 Food Delivery|
|Deliveroo||MCC 5812, MCC 5814|
|Foodpanda Singapore||MCC 5812, MCC 5814|
|Grab||MCC 5812, MCC 5814|
|Oddle||MCC 5499, MCC 5812|
|WhyQ||MCC 5499, MCC 5812, MCC 5814|
|📺 Home Entertainment|
|Apple iTunes||MCC 5815|
The 4 mpd earn rate is broken into:
- The regular base earn rate of 1.2 Citi Miles per S$1
- A bonus earn rate of 2.8 Citi Miles per S$1
The bonus miles 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 Citi Mile. There is no cap on the maximum bonus miles that can be earned.
When will bonus miles post?
The bonus component will post within 10 weeks from the date of the eligible transaction.
Other things to note
Supplementary Citi PremierMiles 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
The point is this helps you conserve your 4 mpd cap on other cards, since the Citi PremierMiles offer is completely uncapped. For example, if you regularly spend S$500 of your monthly S$2,000 cap on the DBS Woman’s World Card on food delivery, you could divert that to the Citi PremierMiles Card during this period and utilize it for other online purchases.
Citi Miles are one of the most valuable points 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.
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.
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.
This is an excellent offer from Citibank, and one that will make the Citi PremierMiles my default card of choice for food delivery, Disney+, Spotify and Netflix subscriptions. I like that it helps me conserve the precious 4 mpd cap on other cards, and that there’s no registration caps or limit on the maximum bonus that can be earned.