Citi Prestige Card cuts welcome offer to 50,000 bonus miles

From now till 31 May 2024, get up to 50,000 bonus miles with a new Citi Prestige Card and a minimum spend of S$2,000.

In August 2023, the Citi Prestige Card launched a welcome offer of 71,000 miles to cardholders who paid the annual fee and spent S$1,000 in local currency & S$1,000 in foreign currency within two months of approval.

While this offer was extended a few times, it’s now been replaced with a smaller bonus of 50,000 miles, available for applications by 31 May 2024. 

Given the S$545 annual fee, you’re paying 1.09 cents per mile– a competitive price in and of itself, though obviously inferior to the promotion that’s just ended (0.76 cents per mile).

If it’s any consolation, the spending criteria has been loosened to allow the minimum spend of S$2,000 to be met by any combination of local or foreign currency. 

Citi Prestige 50,000 miles welcome offer

Apply here

The latest Citi Prestige Card welcome offer is valid for applications submitted between 1 March to 31 May 2024, with approval received within 30 days of application. 

New Citi Prestige Cardholders can earn up to 125,000 bonus ThankYou points (equivalent to 50,000 miles) by completing the following:

 TY PointsMiles 
Pay S$545 annual fee62,500 25,000
Spend S$2,000 during qualifying period62,50025,000

This offer is valid for anyone who has not cancelled a principal Citi Prestige Card in the past 12 months. You are eligible even if you currently hold another Citi card at the time of application.

Apart from the bonus miles, the other difference between the current and previous offer is that the S$2,000 qualifying spend can be met by any combination of local or overseas spend (the previous offer required you to spend at least S$1,000 in local and S$1,000 in overseas spend). This means you could use Citi PayAll to meet the entire minimum spend amount- just a shame the upsized 1.8 mpd promotion ended yesterday!

Don’t forget that the bonus points are awarded on top of the regular base earn rate, so all in all you’ll receive at least 52,600 miles, broken down into:

  • 25,000 bonus miles for paying the S$545 annual fee
  • 25,000 bonus miles for meeting S$2,000 minimum spend
  • 2,600 base miles for spending S$2,000 in local currency (if foreign currency, then 4,000 miles)

When must the qualifying spend be met?

The S$2,000 minimum qualifying spend must be made within the first two months from approval, defined as the period starting from approval date till the end of the second calendar month after that.

For example, if the card is approved on 15 March 2024, the qualifying period runs from 15 March 2024 to 31 May 2024. 

In other words, you actually have 2-3 months to hit the minimum spend, and should apply as early in the month as possible to maximise your time

What counts as qualifying spend?

Qualifying spend refers to any online or offline retail transactions, excluding the following:

❌ Qualifying Spend Exclusions
(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
(vii) Citi PayAll transactions where the customer is not charged the Citi PayAll service fee

For avoidance of doubt, Amaze transactions will count toward qualifying spend (with a handful of exceptions for transit).

Citi PayAll will also count towards qualifying spend, provided the 2.2% admin fee is paid. The following payments are currently supported:

💰 Citi PayAll: Supported Payments
  • Education Fees
  • Taxes
  • Rent
  • Insurance Premiums
  • Renovation Fees
  • Property Agent Fees
  • Wedding Expenses
  • Condo Management Fees
  • Child Care Services
  • Domestic Helper Service Fees
  • Donation or Charity Payment
  • Electricity Bills
  • Event Management Fees
  • Membership Fees
  • Maintenance Fees
  • Medical Services
  • Payment for Retail Goods and Services
  • Parking
  • Professional Services Fees
  • Storage
  • Travel Expenses
  • Transport Fees
  • Utilities

For a complete guide of how to use Citi PayAll, refer to my detailed guide below. 

Citi PayAll Complete Guide: How to pay bills and earn miles

While Citibank periodically runs promotions for Citi PayAll, the most recent one lapsed on 29 February 2024. I wouldn’t count on seeing another one so soon, so you might need to wait until at least the start of Q2 for a new offer.

When will the miles be credited?

Bonus points will be credited within three calendar months from the end of the qualifying spend period.

For example, if your card is approved in March 2024, your qualifying spend period ends 31 May 2024 and the points will be credited by 31 August 2024. 

Terms and conditions

The T&Cs of the Citi Prestige welcome offer can be found here. 

What can you do with ThankYou points?

ThankYou points earned on the Citi Prestige Card never expire, and can be transferred to a total of 11 different transfer partners at the ratios below.

PartnerTransfer Ratio
(ThankYou Points: Miles)

Transfers cost a flat S$27.25, regardless of the number of points converted. 

Citibank does not pool points across cards, so if you have both a Citi Prestige and Citi Rewards, for example, you’ll need to pay two conversion fees. 

Overview: Citi Prestige Card

Apply Here
Income Req.S$120,000 p.a.Points ValidityNo expiry
Annual FeeS$545
25,000 TY points
(10,000 miles)
FCY Fee3.25%Transfer FeeS$27.25
Local Earn1.3 mpdPoints Pool?No
FCY Earn2 mpd
Lounge Access?Yes 
Special EarnN/AAirport Limo?Yes
Cardholder Terms and Conditions

The Citi Prestige Card earns 1.3 mpd on local transactions and 2 mpd on foreign currency transactions, which can be further buffed through a “relationship bonus” described below.

👫 Relationship Bonus

The Citi Prestige card features a “relationship bonus” which awards 5-30% more points depending on your tenure with Citibank, and whether you have Citigold status.

Contrary to popular belief, a 5% bonus does not mean you earn 1.3 * 1.05 = 1.37 mpd. Instead, the relationship bonus percentage is applied to your overall dollar spend amount to derive bonus points. For example, if you spend S$10,000 in a year with a 5% bonus, you get 5% * 10,000= 500 bonus points, or a paltry 200 miles. The bump in mpd is a mere 0.02!

Here’s how much you can earn on local/overseas spending with the relationship bonus:

0-5 years: 1.32/2.020-5 years: 1.36/2.06
6-10 years: 1.34/2.046-10 years: 1.38/2.08
>10 years: 1.36/2.06>10 years: 1.42/2.12

Cardholders enjoy perks like unlimited lounge access (+1 guest), and complimentary airport limo transfers with a minimum spend of S$12,000 per calendar quarter. They will also receive the 4th night free on any hotel booking made through the Citi Prestige concierge, so there’s definitely ways to recover your annual fee. 

Other perks include 1-for-1 dining offers at high-end restaurants in Singapore, complimentary golf games, and complimentary travel insurance when using the card to pay for air tickets (or taxes and surcharges on award tickets).

Accidental DeathS$1,000,000
Medical ExpensesS$50,000
Travel InconvenienceFlight Delay: S$400
Baggage Delay: S$400
Lost Baggage: S$1,000
Policy Wording

For my updated review of the Citi Prestige Card, be sure to check out the post below.

Review: Citi Prestige Card

I’ve also done an update to the annual $120K credit card showdown piece, which benchmarks the Citi Prestige to other competitors in its segment like the HSBC Visa Infinite and OCBC VOYAGE.

2023 Edition: The $120K Credit Card Showdown


Citibank has cut the Citi Prestige Card’s welcome offer from 71,000 miles to 50,000 miles, valid for applications till 31 May 2024.

At 1.09 cents per mile (before factoring in the value of lounge access and free airport limo rides), it’s still a decent offer in and of itself, though obviously not as good as the one that just ended. 

This offer is valid for both new and existing Citi cardholders, though if you’re the former I’d strongly advise you to sign up for either the Citi PremierMiles Card or Citi Rewards Card first, in order to enjoy the new-to-bank bonuses on those cards. You can then apply for a Citi Prestige Card and enjoy the same bonus a new customer would.

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

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Does this $2000 qualifying spend works for hospital gynae bills?


Looks like you also noticed the list of exclusion is different for the sign up bonus vs the Citi points. Thanks for clarifying with Citibank!


Planning to get the prestige card after holding on to SMRT and rewards card for almost 10 years. I intend to cancel SMRT card before the annual fee comes in next month. However from the prestige card fine print it seems I might not get the bonus miles if I cancel the SMRT card after applying for prestige. What should I do?


Just do not get Citi, get anything but Shittybank


Hi Aaron, I’m looking for a good general spending card that is beneficial for collecting miles. I came across an article mentioning that apart from the American Express Centurion Card, the UOB PRVI Miles or Citi Prestige Card would be the next tier. Is this true, and do these two cards have a limitless monthly miles cap?


I would recomend the DBS Vantage or the UOB or any of the Krisflyer cards, but then you’ll be limiting yourself to SIA with Krisflyer. But NEVER EVER get Citi else you will be left wanting in an emergency


Is Youtrip top-up considered qualifying spend? Or excluded?



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