New offer: Citi PremierMiles 30,000 miles sign-up bonus

Last Updated:

From now till 31 October, get 30,000 bonus miles with S$800 spend on a new Citi PremierMiles Card as a new-to-bank customer.

Citibank has launched a new sign-up bonus of up to 30,000 miles for Citi PremierMiles Card, valid for applications submitted by 31 October 2022.

Apply

New-to-bank customers will receive either 8,000 or 30,000 bonus miles with S$800 spend, depending on whether they pay the annual fee.

New-to-bank Definition
 New-to-bank customers are defined as those who do not currently hold a principal Citi card, and have not in the 12 month period before application. Debit cards, supplementary cards and corporate cards do not count. 

This is an altogether better bonus than what we saw last month, when the offer was 5,000 or 25,000 bonus miles with the same S$800 spend. 

CriteriaPrevious Offer
(Till 31 Jul)
New Offer 
(Till 31 Oct)
Spend S$800 & fee waiver5,000 miles8,000 miles
Spend S$800 & pay annual fee25,000 miles30,000 miles

Citi PremierMiles sign-up offer

Apply here

New-to-bank customers can choose from two different sign-up offers at the point of application. 

Option 1: Spend S$800, get 30,960 miles

T&Cs

New-to-bank customers who pay the S$192.60 annual fee and spend S$800 within 2 months of approval will receive a total of 25,960 miles. This is broken down into:

  • 960 miles for spending S$800 @ 1.2 mpd
  • 10,000 miles for paying the S$192.60 annual fee
  • 20,000 miles for meeting the spending requirement

The 10,000 bonus miles will be credited once the annual fee is paid, while the 20,000 bonus miles will be credited within 3 months after the qualifying spend has been met.

The effective cost per mile here is 0.64 cents each (S$192.60 annual fee/30,000 bonus miles).

Option 2: Spend S$800, get 5,960 miles plus fee waiver

T&Cs

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

By spending S$800 within 2 months of approval, they’ll earn a total of 8,960 miles. This is broken down into:

  • 960 miles from spending S$800 @ 1.2 mpd
  • 8,000 miles for meeting the spending requirement

The 8,000 bonus miles will be credited within 3 months after the qualifying spend has been met.

What counts as qualifying spend?

Successful applicants must spend S$800 within the first 2 months of approval, otherwise known as the qualifying period. 

The qualifying period for meeting the minimum spend runs from the approval date and two full calendar months following that. For example, those approved on 14 July 2022 will have until 30 September 2022 to meet the minimum spend. In other words, you actually have 2-3 months to hit the minimum spend, and should apply as early in the month as possible.

Qualifying spend excludes the following:

❌ Excluded Transactions
(i) any Equal Payment Plan (EPP) purchases,
(ii) refunded/disputed/unauthorised/fraudulent retail purchases,
(iii) Quick Cash and other instalment loans,
(iv) Citi PayLite/Citi Flexibill/cash advance/quasi-cash transactions/balance transfers/annual card membership fees/interest/goods and services taxes,
(v) bill payments made using the Eligible Card as a source of funds,
(vi) late payment fees and
(vii) any other form of service/ miscellaneous fees

For avoidance of doubt, Citi PayAll transactions will count towards the minimum spend.

What can you do with Citi Miles?

Citi PremierMiles cardholders get access to 10 different frequent flyer programs and one hotel partner, the widest selection of any bank in Singapore.

Points can be transferred to miles in blocks of 10,000 Citi Miles (10,000 miles). There are some great sweet spots with programmes like Etihad Guest, British Airways Executive Club, and Turkish Miles&Smiles. Even the newly-revitalised Qatar Privilege Club might be a good bet (but heads up: they’ve sneakily reintroduced award segment fees!)

PartnerTransfer Ratio
(Citi Miles: Partner)
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.

SingSaver alternative

If this offer isn’t to your liking (or if you’re an existing Citi customer), an alternative option is available for applications made via SingSaver (you cannot stack the Citi and SingSaver offers).

Apply
T&Cs
All Citi PremierMiles Cards applied for via SingSaver will automatically receive a first year fee waiver

New-to-bank customers who apply via SingSaver by 7 August 2022 and spend at least S$500 within 30 days of approval can pick one of the following gifts:

  • Dyson Supersonic (worth S$649)
  • Samsonite Straren Spinner 67/24 (worth S$600)
  • Sony WH-1000XM5 headphones (worth S$569)
  • S$350 cash

Existing customers who apply via SingSaver by 31 August 2022 will receive S$30 cash, with no minimum spend required. 

Be sure to follow the steps below:

  1. Apply through this link
  2. You will be directed to a SingSaver landing page. Enter your email address and click “confirm”
  3. Complete your application and take a screenshot of the Application Reference Number (for Citibank, it’s 12 alphanumeric characters)
  4. Fill in the SingSaver rewards form that will be sent to your email. It’s vital you fill in the form– no form, no reward. 

Overview: Citi PremierMiles Card

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
  • SIA
  • British Airways
  • Cathay Pacific
  • Etihad
  • EVA Air
  • Flying Blue
  • Qantas
  • Qatar
  • THAI
  • Turkish
  • 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 Kaligo
Airport Limo?No
Cardholder Terms and Conditions

The Citi PremierMiles Card earns 1.2 mpd on local spend and 2.0 mpd on overseas spend, and comes with a Priority Pass membership that provides two complimentary visits per calendar year.

Citi Miles never expire, and can be transferred to 11 different airline and hotel partners.

Read a full review of the Citi PremierMiles Card below.

Review: Citi PremierMiles Card

Conclusion

Citibank has enhanced its already impressive sign-up bonus on the Citi PremierMiles Card, with cardholders entitled to 30,000 bonus miles for just S$800 spend and paying the annual fee. 

If annual fees are not for you, there’s always the option of a fee waiver with 8,000 bonus miles- but I think the fee paying option is the better choice here.

Despite its non-pooling points and average earn rates, I’d consider the Citi PremierMiles Card to be one of the better general spending cards on the market, thanks to its wide range of transfer partners and Citibank’s frequent miles purchase offers via PayAll. You’ll also enjoy a Priority Pass with two complimentary lounge visits, and getting a fee waiver in subsequent years has never been an issue in my experience.

Aaron Wong
Aaron Wong
Aaron founded The Milelion to help people travel better for less and impress chiobu. He was 50% successful.

Similar Articles

Comments

Subscribe
Notify of
guest
2 Comments
Oldest
Newest
Inline Feedbacks
View all comments
Yee

Seems like lots of miles promos these days again! What is the bank’s cost of acquiring the miles? Just wondering what the margin (if there is) on these for the bank.

jon

wild guess ~ 0.5 cts per mile when SQ sells it to the banks

CREDIT CARD SIGN UP BONUSES

Advertisment

Featured Deals

Advertisment

Follow us

7,110FansLike
2,641FollowersFollow

RECENT COMMENTS

TAGS