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Finally after a few ‘dry months’ with no sign-up promo, Citi have announced their latest offer for new Citi PremierMiles card applicants. The deal runs from 1st August 2018 (yesterday, strangely enough, even though they just launched the offer on their site at 9pm this evening) until 31st October 2018.
21,000 Miles Sign-up bonus
The latest sign-up bonus for the Citi PremierMiles card for those not currently holding a Citi credit card and having not held one in the last 12 months prior to 1st August 2018, is worth 21,000 miles, provided you have S$7,500 of spending to do in the next 3 full calendar months from the end of the calendar month of card approval.
For example, if you are approved for the card on 12th August 2018, the qualifying spend period is from that date until 30th November 2018 (3 full calendar months from the end of August 2018).
It is subject to payment of the annual fee of S$192.60.
If you prefer not to pay the annual fee, the regular Citi S$120 cashback offer is available. As 21,000 miles are worth around S$420 we would strongly recommend paying the fee to receive the welcome bonus.
You will still earn the standard rate of 1.2 Citi Miles per S$1 spent locally or 2.0 Citi Miles per S$1 spent overseas, in addition to the bonus amounts. That means if you go for the full 21,000 bonus miles offer by spending S$7,500 over three months, you’ll net an extra 9,000 miles assuming you use the card for local spend, for a total of 30,000 miles (21,000 + 9,000).
Full terms and conditions for new Citi credit card customers can be found here.
What about existing or former Citi customers?
If you are an existing Citi credit card holder, or had a Citi credit card account which was terminated in the last 12 months prior to 1st August 2018, you won’t be eligible for the sign-up bonus above, and instead can choose either from first year fee-waiver, or:
- 10,000 Citi Miles on approval and payment of the annual fee (S$192.60).
- An additional 4,000 Citi Miles (14,000 miles total) and a S$100 Kaligo.com e-voucher, if you spend S$7,500 on the card within the first 3 months.
Again you will still earn the standard rate of 1.2 Citi Miles per S$1 spent locally or 2.0 Citi Miles per S$1 spent overseas, in addition to the bonus amounts. That means if you go for the maximum bonus miles offer by spending S$7,500 over three months, you’ll again net an extra 9,000 miles assuming you use the card for local spend, for a total of 23,000 miles (10,000 + 4,000 + 9,000).
Full terms and conditions for existing Citi credit card customers can be found here.
Earning rates
As we’ve said above – the Citi PremierMiles Visa earns 1.2 miles for every S$1 spent locally (i.e. transacted in SGD), and 2.0 miles for every S$1 spent overseas (i.e. transacted in foreign currency).
Citi has one of the widest range of frequent flyer programs for you to transfer your points into, including British Airways, Qatar Airways, Thai and Qantas, making these very flexible point