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For the second time, Citi has extended the sign-up promotion on its PremierMiles Visa card on the very same day the promotion was set to end. This time the 21,000-mile bonus, which requires an eligible retail spend of S$7,500 in the first three months of card approval, has been extended to applications received by 31st March 2019.
Citi also added an easier to attain lower bonus level on 1st January 2019, where you can earn an additional 6,400 miles for a spend of S$3,000 within the first three months of card approval, with first year fee waiver. This is also valid for applications received by 31st March 2019.
The cost per mile comes in at 0.9 Singapore cents each if you go with the 21,000-mile offer, but is technically a free bonus for the 6,400-mile offer with no annual fee levied in year one.
This is certainly one of the best sign-up bonuses around, now improved with an offer for those with less upcoming spend, and you should certainly consider the PremierMiles Visa if you don’t currently hold this card.
21,000 Miles Sign-up bonus
Provided you don’t currently hold a Citi credit card and haven’t held one in the last 12 months, you’ll be eligible for a bonus of 21,000 miles, subject to having S$7,500 of spending to do in the three full calendar months from the end of the calendar month of card approval.
For example, if you are approved for the card on 8th February 2019, the qualifying spend period is from that date until 31st May 2019 (three full calendar months from the end of February 2019).
It is subject to payment of the annual fee, which is S$192.60.
6,400 Miles Sign-up bonus
If you prefer not to pay the annual fee, Citi was previously offering S$120 cashback, however this was changed on 1st January 2019. New cardmembers who opt not to pay the annual fee but who spend at least S$3,000 in the same three full calendar months from the end of the calendar month of card approval (as defined above) will earn a 6,400 miles bonus.
The terms and conditions for this new offer can be found here.
The standard earn rate is additional
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).
That’s only 500 miles short of a Business Class redemption to Hong Kong in the latest Singapore Airlines Airbus A380 Business Class seat. Check out our full review of that product, in case you’re wondering whether it’s worth it!