Citi Prestige Card extends 45,000 miles welcome bonus

In January 2026, the Citi Prestige Card introduced a revised welcome offer of 45,000 miles, a 20% reduction from the previous 57,000 miles.

However, the real pain here wasn’t the reduction in miles. It was the hike in minimum spend, which went from S$2,000 to S$14,000, a sevenfold increase!

This offer was originally set to run until 30 June 2026, but if you were hoping that Citi might have a change of heart, no such luck — it’s now been extended until 30 November 2026. 

Customers with Citigold or Citigold Private Client status receive a slightly better welcome offer of 65,000 miles, but their minimum spend is still substantial at S$12,000 and S$10,000 respectively.

Citi Prestige extends 45,000 miles welcome offer

Apply

The Citi Prestige Card’s latest welcome offer is valid for applications submitted from 1 July to 30 November 2026, with approval received within 30 days of application.

Applicants must not have cancelled a principal Citi Prestige Card in the past 12 months. However, they will be eligible even if they currently hold another principal Citi credit card, such as the Citi PremierMiles or Citi Rewards Card.

Regular customers

New Citi Prestige Cardholders can earn up to 112,500 bonus ThankYou points (equivalent to 45,000 miles) by paying the S$651.82 annual fee, and spending S$14,000 by the end of the second month after approval.

If you’re paying close attention, you might notice something odd about the breakdown. Cardholders normally receive 80,000 ThankYou points (32,000 miles) for paying the annual fee. But for this offer, Citi has reduced it to 50,000 ThankYou points (25,000 miles).

Part of me thinks they’re trying to make the bonus for spending S$14,000 look marginally less pathetic. Had the annual fee been weighted at its usual 32,000 miles, cardholders who spent S$14,000 would have received just 13,000 miles from the spending component— pretty laughable!

Bonus points are awarded on top of the regular base earn rate, and assuming you spend the entire S$14,000 in local currency, you can add 18,200 miles to the total figure (S$14,000 @ 1.3 mpd).

Citigold & Citigold Private Client

New Citi Prestige Cardholders with Citigold or Citigold Private Client status can earn up to 162,500 bonus ThankYou points (equivalent to 65,000 miles) by paying the S$651.82 annual fee, and spending S$12,000 or S$10,000 by the end of the second month after approval.

For whatever reason, Citi is giving the annual fee here its usual 80,000 ThankYou points (32,000 miles) weight, and assigning the balance to the spending component. 

Bonus points are awarded on top of the regular base earn rate, and assuming you spend the entire S$12,000/S$10,000 in local currency, you should add 15,600/13,000 miles to your total figure (S$12,000/S$10,000 @ 1.3 mpd).

Is it worth it?

Given the S$651.82 annual fee, the effective cost per mile works out to:

• 1.45 cents per mile for regular customers
• 1 cent per mile for Citigold and Citigold Private Client customers

While that might sound acceptable on paper — especially after factoring in the value of other perks like airport limo rides and lounge access — it disguises the hefty minimum spending requirement.

I can only surmise that this is Citi’s way of nudging cardholders to use its Citi PayAll service, since that counts towards the minimum spend (see below).

Is that worth it? Well, it really boils down to the individual, but it’s psychologically painful to spend S$14,000 for 45,000 miles, when the previous offer was S$2,000 for 57,000 miles!

When must the qualifying spend be met?

The 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 26 January 2026, the qualifying period runs from 26 January to 31 March 2026.

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?

The qualifying spend can be met by any combination of local or overseas qualifying spend. 

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

Citi has previously clarified that even though transactions like education, insurance premiums, charitable donations and GrabPay top-ups will not earn base points, they will still count as qualifying spend for the purposes of welcome offers.

Citi PayAll transactions will also count towards qualifying spend, provided the 2.6% admin fee is paid. The following payments are currently supported:

For a rundown on how to use Citi PayAll, refer to my detailed guide here.

With the standard 2.6% admin fee, charging the full minimum spend of S$14,000 would cost S$364 in fees. However, there’s an ongoing promotion till the end of July 2026 that offers a 0.7% fee rebate on tax payments and an S$80 eCapitaVoucher, which would bring the total down to S$186 (1.9% x S$14,000 – S$80).

You can read more about this offer in the link below.

Citi PayAll offering discounted 1.9% fee and S$80 eCapitaVoucher for tax payments

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 January 2026, your qualifying spend period ends on 31 March 2026, and the points will be credited by 30 June 2026.

Terms and conditions

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

• 112,500 points (regular customers)
• 162,500 points (Citigold and Citigold Private Client)

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.

Partner	Transfer Ratio (ThankYou Points : Miles)
	25,000 : 10,000
	25,000 : 10,000
	25,000 : 10,000
	25,000 : 10,000
	25,000 : 10,000
	25,000 : 10,000
	25,000 : 10,000
	25,000 : 10,000
	25,000 : 10,000
	25,000 : 10,000
	25,000 : 10,000

One of the great things about Citi is that they maintain the same transfer ratio for all programmes, unlike HSBC and OCBC where some partners have inferior transfer ratios.

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
Income Req.	S$120,000 p.a.	Points Validity	No expiry
Annual Fee	S$651.82	Min. Transfer	25,000 TY points (10,000 miles)
FCY Fee	3.25%	Transfer Fee	S$27.25
Local Earn	1.3 mpd	Points Pool?	No
FCY Earn	2 mpd	Lounge Access?	Yes
Special Earn	N/A	Airport Limo?	Yes
Cardholder Terms and Conditions

The Citi Prestige Card has a minimum income requirement of S$120,000 per year, and a non-waivable annual fee of S$651.82. Cardholders receive 32,000 miles upon renewing the card in the second and subsequent years.

In terms of earn rates, cardholders will receive 1.3 mpd on local transactions and 2 mpd on foreign currency transactions, which can be further buffed through a “relationship bonus” described below.

Cardholders enjoy perks such as:

• 12 Priority Pass visits per calendar year
• 2x complimentary airport limo transfers with a minimum spend of S$12,000 per quarter (max. 8 per year)
• 4th Night Free on any hotel booking made through the Citi Prestige concierge
• 1-for-1 dining offers at high-end restaurants in Singapore
• Complimentary golf games
• Complimentary travel insurance when using the card to pay for air tickets (or taxes and surcharges on award tickets).

For the sake of context, this card was far more compelling prior to July 2025, when it offered unlimited Priority Pass visits together with one guest, and an annual fee of S$545. If you’re wondering whether the Citi Prestige Card is still worthwhile, be sure to have a read of the post below.

Citi Prestige Card: Keep or cancel?

Conclusion

Apply

The Citi Prestige Card has extended its 45,000 miles welcome offer, though unfortunately, the hefty minimum spend of S$14,000 remains. The offer is slightly better for Citigold and Citigold Private Client customers at 65,000 miles, but the minimum spend is still significant at S$12,000 and S$10,000 respectively. 

Considering that the previous minimum spend was just S$2,000 across all segments, this is a very aggressive move by Citi. I reckon most people will have difficulty meeting it without the help of Citi PayAll — which might have been the endgame all along. 

For what it’s worth, this offer remains valid for both new and existing Citi cardholders. If you’re new to Citi, however, I’d strongly advise you to sign up for either the Citi PremierMiles Card or Citi Rewards Card first, and enjoy the new-to-bank bonuses on those cards. You can then apply for a Citi Prestige Card and receive the same bonus as a new customer.