The Citi PremierMiles Visa Card is a great miles card for general local spending or overseas spending. With 1.2 miles/dollar on local spend, the Citi PremierMiles Visa card matches other miles card in a similar income requirement bracket. The winning features of the card are the flexibility to redeem your Citi Miles on a wide range of airlines and hotel, and being one of the few travel credit cards that offer miles that don’t expire.
Let’s go into the details in our review and take a look at the following:
- Miles earning potential
- What you can do with the miles
- Promotions to take advantage of
- Other benefits of this card
- Eligibility and sign-up offer
- This card vs others
Citi PremierMiles Visa Card review: Should this miles card be in your wallet this year?
Miles earning potential on the Citi PremierMiles Visa Card
Here’s how your card helps you accumulate miles faster:
- You will earn 1.2 Citi Miles per S$1 spent locally.
- You will earn 2 Citi Miles per S$1 spent overseas in a foreign currency.
- Earn up to 10 Citi Miles per S$1 with partner travel sites like Agoda and Kaligo
- There is no minimum spend requirement to earn these miles.
- You will earn 10,000 Citi Miles when you renew your credit card membership.
Since your miles never expire, you can take your own sweet time to accumulate them and go for the big paycheck.
Here’s what you can do with your Citi Miles
You can redeem your Citi Miles to pay for your flight tickets and hotel accommodations with these partner merchants:
|KrisFlyer||Garuda Frequent Flyer||Flying Blue|
|Qantas||Etihad Guest||Executive Club|
|Asia Miles||Qatar||Royal Orchid Plus|
|Enrich||Executive Club||Infinity MileageLands|
|Hilton||InterContinental Hotels Group|
Note: Every conversion from Citi Miles to redeeming them on the Frequent Flyer Programs or Hotel Loyalty Programs will cost you an S$25 administrative charge.
Redeeming Citi Miles on airlines:
1 Citi Mile = 1 mile at the partner merchants.
If you’ve accumulated sufficient Citi Miles, then you can convert them into KrisFlyer miles (or other miles) and redeem for your flight tickets. For instance, 15,000 miles will fetch you a one-way economy class ticket to Hong Kong, Taiwan and South-China on Singapore Airlines. If you accumulate above 38,000 miles, then you redeem for a one-way economy class ticket to Europe or USA on Singapore Airlines.
Redeeming Citi Miles on Hotel Loyalty Programmes:
- 1 Citi Mile = 1.5 Hilton HHonors points
- 1 Citi Mile = 1 IHG Rewards club point
Should you prefer, you can redeem your Hilton HHonors points for hotel rewards such as getting a free standard room or upgrading to a premium room, travel and transportation rewards like free car rentals and cruise certificates or even shopping and dining at Hilton Honors Shopping Mall.
However, do note that terms and conditions for each Hilton Hotel will differ.
Redeeming Citi Miles for cash rebate – Should you do it?
Another way you can redeem your Citi Miles is to convert them into cash rebate. Here’s the conversion rate to redeem your Citi Miles for a rebate:
- 1,400 Citi Miles = S$10 cash rebate
- 2,800 Citi Miles = S$20 cash rebate
- 7,000 Citi Miles = S$50 cash rebate
The earn rate isn’t great if you look at the conversion practically. Are 7,000 miles really worth just S$50 cash rebate? If you take 7,000 Citi Miles and convert it into Hilton HHonors points (1.5 points per Citi Mile), you’re getting 10,500 Hilton HHonors points.
You can potentially get 2 nights free stay at a Hilton Hotels in a standard room for that amount.
So, your 7,000 miles can mean S$50 cash rebate or a free stay at the Hilton. Or if you accumulate another 500 air miles, your 7,500 miles can take you on a one-way economy flight to Malaysia, Brunei or Indonesia on Singapore Airlines or SilkAir.
If you do your research, you’ll find that many websites equate the value of a mile to around S$0.02/miles on a business class saver flight. So, if you take the 7,000 miles and multiply it by the approximate value of a mile, you’ll find that your 7,000 Citi Miles could be worth at least S$140.
If you think about it this way, the cash rebate could be S$140 but you’re getting only S$50, a deficit of S$90. Therefore, it’s not worth redeeming your Citi Miles for cash rebates.
Other benefits offered by the Citi PremierMiles Visa Card
A parade of promotions
Citi PremierMiles Visa cardholders have the opportunity to earn accelerated miles on flight and hotel bookings. Here’s what is on offer:
If you purchase your flight tickets using the Citi PremierMiles Visa Card, you will get complimentary travel accident insurance, medical assistance cover and travel inconvenience cover.
Here’s what we like about the complimentary insurance cover:
- Travel accident cover of up to S$1 million in case of death or permanent disability. This cover is pretty much what you get even when you purchase travel insurance separately from other insurers.
- Complimentary travel accident insurance also extends to your spouse (S$1 million) and your children (S$50,000).
- Cardholder and their spouse will get medical expense cover of S$40,000 each and their children will get S$20,000 cover. It’s not much, but it’s free so we’ll take it.
But there are a few things we don’t like about the complimentary insurance cover:
The travel inconvenience cover such as baggage delay/loss, flight delays, trip cancellation, etc. is only applicable to the cardholder and not their family.
So, you have to purchase flight tickets for your entire family on this card to get travel accident cover for your family, but they will not benefit from the travel inconvenience cover.
Priority Pass Membership Card:
Like many other travel credit cards, the Citi PremierMiles Visa Card is a gateway to complimentary access to Priority Pass airport lounges across the world. Cardholders will get 2 complimentary access per year. However, if you’re travelling with anyone, they will have to pay the full fee unless you’re willing to give up your second complimentary access to them.
Drawbacks of the Citi PremierMiles Visa Card?
Everything so far looks great, right? This card does have it all, but it is also meant to target customers who have more than others.
By this, we mean the eligibility criteria. Most credit cards in Singapore are available to applicants who earn a minimum annual income of S$30,000, but not the Citi PremierMiles Visa Card. You need to earn a minimum annual income of S$50,000 to own this credit card. So, basically, this card isn’t for everyone, no matter how much we all want it.
But, in all fairness, given the deals that are offered on the credit card whether it comes to miles, promotions or even travel insurance, it shouldn’t be that surprising that you need to earn a slightly higher income to apply.
If you do meet this requirement, the annual fee on this card is pretty standard – S$192.60 and you get a free supplementary card.
The sign-up offer
Right now, the welcome offer on this credit card is S$120 cashback if you are a new customer.
- Spend S$200 or more each month for the first 6 months
- Receive S$20 cashback for the month that you meet the qualifying spend
Terms & conditions for the sign-up offer here.
How does the Citi PremierMiles Visa Card compare with other miles credit cards?
Citi PremierMiles Visa Card vs DBS Altitude Card
If you compare the Citi PremierMiles Visa Card with the DBS Altitude Card, the latter offers 3 miles per S$1 spent on flight and hotel transactions, meaning you’re getting 1.8 miles extra on the dollar. This is perfect if you don’t like to book through online travel agents and prefer to book direct.
Sounds better, right? Well, yes and no, because the additional miles on the Altitude card are capped at S$5,000 spend per month.
Both cards have tie-ups with online travel partners like Kaligo to allow you to get bonus miles, and the Citi PremierMiles Visa Card has deals with the likes of Agoda as well. The Citi PremierMiles Visa Card also lets you convert your Citi Miles to many more airline air miles than the DBS Altitude Card allows.
One caveat is that points from different Citi cards don’t pool together, unlike DBS points, so you’ll need to fork out more for the conversion fees if you’re planning to use the Citi PremierMiles Visa Card and the Citi Rewards Card, for example.
Citi PremierMiles Visa Card vs AMEX Singapore Airlines KrisFlyer Ascend Credit Card
What if you compared it with the American Express Singapore Airlines KrisFlyer Ascend Credit Card?
The Amex Ascend Card offers 2 KrisFlyer miles per S$1 spent overseas in a foreign currency during June and December. You also get 2 KrisFlyer miles per S$1 spent on purchases made on silkair.com, SilkAir SkyShop, singaporeair.com, SingaporeAir App and KrisShop, online as well as in-shop.
Plus you get 1.2 miles per S$1 spent on all other purchases with your Amex KrisFlyer Ascend Card.
But, as you can see, the ability to earn 2 miles per dollar is more restricted, and since this is a KrisFlyer Credit Card, you can redeem your miles only on Star Alliance carriers.
Don’t forget too that your miles are transferred to your KrisFlyer account right away, meaning that your 3-year miles expiry countdown starts right away too.
Our final thoughts on the Citi PremierMiles Visa Card
All-in-all, the drawbacks on this card can be easily ignored because they’re pretty much negligible in comparison to everything else offered to cardholders.
- Bonus miles when booking with partner travel sites
- There’s no minimum spend to earn miles
- Your miles never expire
- You’re not constricted in the redemption options to convert and use your miles
- You get a decent travel insurance package for your whole family.
If you can cross the income criterion threshold, you should definitely cross over to the other side and consider getting this card.
Getting the Citi PremierMiles Visa Card? Hop over to our post on air miles credit card strategy to see how you can combine multiple credit cards to accumulate miles faster.
|Citi PremierMiles Visa Card Review: Features and benefits||Details|
|Annual Fee||Principal card: S$192.60 (2 years waiver)|
|Effective interest rate||26.9% p.a|
|Eligibility||21 to 65 years oldAnnual income requirement:
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